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SEGMENT INFORMATION (Tables)

9 Months Ended

Mar. 31, 2021

Schedule of geographical distribution of long-lived assets


	As of March 31, 2021						As of June 30, 2020
					Total stream						Total stream
	Stream		Royalty		and royalty		Stream		Royalty		and royalty
	interest		interest		interests, net		interest		interest		interests, net
Canada	$	644,334	$	181,382	$	825,716	$	702,732	$	189,855	$	892,587
Dominican Republic		375,235		—		375,235		406,469		—		406,469
Chile		263,957		224,116		488,073		277,661		223,922		501,583
Africa		283,221		321		283,542		215,463		321		215,784
Mexico		—		69,440		69,440		—		75,951		75,951
United States		—		114,776		114,776		—		159,445		159,445
Australia		—		28,484		28,484		—		30,006		30,006
Rest of world		12,037		27,132		39,169		12,038		25,050		37,088
Total	$	1,578,784	$	645,651	$	2,224,435	$	1,614,363	$	704,550	$	2,318,913

Schedule of reportable segments for assessing performance

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


	Three Months Ended March 31, 2021
	Revenue		Cost of sales⁽¹⁾		Production taxes		Depletion ⁽²⁾		Segment gross profit
Stream interests	$	95,346	$	21,469	$	—	$	32,595	$	41,282
Royalty interests		47,243		—		1,835		8,607		36,801
Total	$	142,589	$	21,469	$	1,835	$	41,202	$	78,083

	Three Months Ended March 31, 2020
	Revenue		Cost of sales⁽¹⁾		Production taxes		Depletion ⁽²⁾		Segment gross profit
Stream interests	$	97,460	$	21,961	$	—	$	43,240	$	32,259
Royalty interests		38,977		—		851		7,875		30,251
Total	$	136,437	$	21,961	$	851	$	51,115	$	62,510


	Nine Months Ended March 31, 2021
	Revenue		Cost of sales⁽¹⁾		Production taxes		Depletion ⁽²⁾		Segment gross profit
Stream interests	$	309,568	$	68,230	$	—	$	111,848	$	129,490
Royalty interests		138,261		—		4,591		23,428		110,242
Total	$	447,829	$	68,230	$	4,591	$	135,276	$	239,732

	Nine Months Ended March 31, 2020
	Revenue		Cost of sales⁽¹⁾		Production taxes		Depletion ⁽²⁾		Segment gross profit
Stream interests	$	274,065	$	63,149	$	—	$	106,883	$	104,033
Royalty interests		104,788		—		2,934		22,875		78,979
Total	$	378,853	$	63,149	$	2,934	$	129,758	$	183,012

(1)	Excludes depreciation, depletion and amortization

(2)	Depletion amounts are included within Depreciation, depletion and amortization on our consolidated statements of operations and comprehensive income.

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

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


	Three Months Ended				Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
		2021		2020		2021		2020
Total segment gross profit	$	78,083	$	62,510	$	239,732	$	183,012

Costs and expenses
General and administrative expenses		6,932		9,551		21,175		23,658
Exploration costs		—		565		563		4,705
Depreciation and amortization		94		113		265		280
Gain on sale of Peak Gold JV interest		—		—		(33,906)		—
Operating income		71,057		52,281		251,635		154,369
Fair value changes in equity securities		1,902		(3,819)		4,060		(4,972)
Interest and other income		733		620		1,767		1,621
Interest and other expense		(1,820)		(2,088)		(5,274)		(7,139)
Income before income taxes	$	71,872	$	46,994	$	252,188	$	143,879

Schedule of revenue by reportable segment geographically distributed

Our revenue by reportable segment for the three and nine months ended March 31, 2021 and 2020 is geographically distributed as shown in the following table (amounts in thousands):


	Three Months Ended				Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2021		2020		2021		2020
Stream interests:
Canada	$	42,609	$	37,136	$	138,497	$	112,990
Dominican Republic		30,173		28,302		88,998		73,534
Chile		13,022		22,055		54,296		63,323
Africa		9,542		9,967		27,777		24,218
Total stream interests	$	95,346	$	97,460	$	309,568	$	274,065

Royalty interests:
United States	$	16,474	$	13,199	$	47,262	$	33,813
Mexico		15,270		9,126		42,021		26,084
Australia		4,360		9,160		17,217		24,923
Canada		8,612		3,714		22,069		11,062
Africa		748		925		2,241		2,531
Rest of world		1,779		2,853		7,451		6,375
Total royalty interests	$	47,243	$	38,977	$	138,261	$	104,788
Total revenue	$	142,589	$	136,437	$	447,829	$	378,853