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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income and comprehensive income $ 109,286 $ 35,021
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 78,810 81,358
Amortization of debt discount and issuance costs 566 7,864
Non-cash employee stock compensation expense 3,639 4,070
Fair value changes in equity securities 1,153 5,099
Deferred tax benefit (36,126) (307)
Changes in assets and liabilities:    
Royalty receivables (7,714) 697
Stream inventory (3,956) 1,356
Income tax receivable (6,968) (12,753)
Prepaid expenses and other assets (7,020) 2,305
Accounts payable (929) (7,026)
Income tax payable 7,392 (7,514)
Uncertain tax positions 3,230 2,197
Other liabilities 8,133 (8,899)
Net cash provided by operating activities 149,496 103,468
Cash flows from investing activities:    
Acquisition of stream and royalty interests (72,417) (55)
Purchase of equity securities (411) (3,569)
Other 4,774 (87)
Net cash used in investing activities (68,054) (3,711)
Cash flows from financing activities:    
Repayment of debt (85,000)  
Net payments from issuance of common stock (2,747) (2,217)
Common stock dividends (34,755) (32,754)
Contributions from non-controlling interest 2,700 2,790
Other (611) 210
Net cash used in financing activities (120,413) (31,971)
Net (decrease) increase in cash and equivalents (38,971) 67,786
Cash and equivalents at beginning of period 119,475 88,750
Cash and equivalents at end of period $ 80,504 $ 156,536