SEGMENT INFORMATION (Tables)

12 Months Ended

Jun. 30, 2020

SEGMENT INFORMATION

Schedule of geographical distribution of long-lived assets

	As of June 30, 2020						As of June 30, 2019
					Total stream						Total stream
	Stream		Royalty		and royalty		Stream		Royalty		and royalty
	interest		interest		interests, net		interest		interest		interests, net
Canada	$	702,732	$	189,855	$	892,587	$	767,749	$	200,251	$	968,000
Dominican Republic		406,469		—		406,469		451,585		—		451,585
Chile		277,661		223,922		501,583		301,507		214,226		515,733
Africa		215,463		321		215,784		89,556		321		89,877
Mexico		—		75,951		75,951		—		83,748		83,748
United States		—		159,445		159,445		—		163,398		163,398
Australia		—		30,006		30,006		—		31,944		31,944
Rest of world		12,038		25,050		37,088		12,038		22,993		35,031
Total	$	1,614,363	$	704,550	$	2,318,913	$	1,622,435	$	716,881	$	2,339,316

Schedule of reportable segments for assessing performance

Our reportable segments for purposes of assessing performance are shown below (amounts in thousands):

	Year Ended June 30, 2020
	Revenue		Cost of sales		Production taxes		Depletion		Segment gross profit
Stream interests	$	359,868	$	83,890	$	—	$	144,678	$	131,300
Royalty interests		138,951		—		3,824		30,369		104,758
Total	$	498,819	$	83,890	$	3,824	$	175,047	$	236,058

	Year Ended June 30, 2019
	Revenue		Cost of sales		Production taxes		Depletion		Segment gross profit
Stream interests	$	305,824	$	77,535	$	—	$	127,770	$	100,519
Royalty interests		117,232		—		4,112		35,086		78,034
Total	$	423,056	$	77,535	$	4,112	$	162,856	$	178,553
	Year Ended June 30, 2018
	Revenue		Cost of sales		Production taxes		Depletion		Segment gross profit
Stream interests	$	324,516	$	83,839	$	—	$	129,662	$	111,015
Royalty interests		134,526		—		2,268		33,924		98,334
Total	$	459,042	$	83,839	$	2,268	$	163,586	$	209,349

Schedule of reconciliation of segment gross profit to consolidated income (loss)

A reconciliation of total segment gross profit to the consolidated Income (loss) before income taxes is shown below (amounts in thousands):

	Year Ended June 30,
		2020		2019		2018
Total segment gross profit	$	236,058	$	178,553	$	209,349
Costs and expenses
General and administrative expenses		30,195		30,488		35,464
Exploration costs		5,190		7,158		8,946
Depreciation		387		200		110
Impairment of royalty interests		1,341		—		239,364
Operating income (loss)		198,945		140,707		(74,535)
Fair value changes in equity securities		1,418		(6,800)		—
Interest and other income		2,046		2,320		4,170
Interest and other expense		(9,813)		(29,650)		(34,214)
Income (loss) before income taxes	$	192,596	$	106,577	$	(104,579)

Schedule of revenue by reportable segment geographically distributed

Our revenue by reportable segment for the fiscal year’s ended June 30, 2020, 2019, and 2018 is geographically distributed as shown in the following table (amounts in thousands):

	Fiscal Year Ended June 30,
	2020		2019		2018
Stream interests:
Canada	$	158,736	$	123,152	$	142,244
Dominican Republic		96,978		82,844		95,055
Chile		74,219		69,264		57,413
Africa		29,935		30,564		29,804
Total stream interests	$	359,868	$	305,824	$	324,516
Royalty interests:
United States	$	48,692	$	34,845	$	39,496
Canada		30,524		32,602		24,254
Mexico		32,731		27,224		42,959
Australia		15,252		12,806		13,710
Africa		2,575		1,416		2,098
Chile		—		—		473
Rest of world		9,177		8,339		11,536
Total royalty interests	$	138,951	$	117,232	$	134,526
Total revenue	$	498,819	$	423,056	$	459,042