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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:      
Net income (loss) $ 196,250 $ 89,079 $ (119,351)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 175,434 163,056 163,696
Amortization of debt discount and issuance costs 1,136 15,288 15,046
Non-cash employee stock compensation expense 9,116 6,617 8,279
Fair value changes in equity securities (1,418) 6,800  
Deferred tax benefit (32,399) (1,745) (32,843)
Impairment of royalty interests 1,341   239,364
Other (148) (2) (197)
Changes in assets and liabilities:      
Royalty receivables (6,957) 5,623 530
Stream inventory (291) (2,069) (1,428)
Income tax receivable 268 (2,663) 22,130
Prepaid expenses and other assets (7,828) 2,793 2,813
Accounts payable (275) (6,426) 5,173
Income tax payable 6,349 (11,281) 12,601
Uncertain tax positions (11,146) 3,180 7,767
Other liabilities 11,320 (15,084) 5,244
Net cash provided by operating activities 340,752 253,166 328,824
Cash flows from investing activities:      
Acquisition of stream and royalty interests (155,985) (1,055) (11,812)
Repayment of Golden Star term loan     20,000
Purchase of equity securities (461) (3,573) (17,869)
Other 3,587 (967) (909)
Net cash used in investing activities (152,859) (5,595) (10,590)
Cash flows from financing activities:      
Repayment of debt (115,000) (370,000) (250,000)
Borrowings from revolving credit facility 200,000 220,000  
Net payments from issuance of common stock (4,180) (1,595) (4,042)
Common stock dividends (71,471) (67,477) (64,118)
Contributions from non-controlling interest 3,720 4,140  
Other (1,309) (1,914) 2,829
Net cash provided by (used in) financing activities 11,760 (216,846) (315,331)
Net increase (decrease) in cash and equivalents 199,653 30,725 2,903
Cash and equivalents at beginning of period 119,475 88,750 85,847
Cash and equivalents at end of period $ 319,128 $ 119,475 $ 88,750