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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 68,872 $ 11,976
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 38,714 42,551
Amortization of debt discount and issuance costs 281 3,903
Non-cash employee stock compensation expense 2,101 2,444
Fair value changes in equity securities 1,375 1,468
Deferred tax benefit (33,139) (1,681)
Changes in assets and liabilities:    
Royalty receivables (5,902) 1,250
Stream inventory 608 (701)
Income tax receivable (995) (6,341)
Prepaid expenses and other assets (3,197) 1,061
Accounts payable 517 (4,060)
Income tax payable (1,426) (10,241)
Uncertain tax positions 1,748 3,266
Other liabilities 1,682 (258)
Net cash provided by operating activities 71,239 44,637
Cash flows from investing activities:    
Acquisition of royalty interests (4,362) (3)
Other 4,858 (121)
Net cash provided by (used in) investing activities 496 (124)
Cash flows from financing activities:    
Repayment of debt (50,000)  
Net payments from issuance of common stock (2,423) (1,972)
Common stock dividends (17,373) (16,376)
Other 556 2,163
Net cash used in financing activities (69,240) (16,185)
Net increase in cash and equivalents 2,495 28,328
Cash and equivalents at beginning of period 119,475 88,750
Cash and equivalents at end of period $ 121,970 $ 117,078