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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income and comprehensive income $ 220,856 $ 147,579
Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:    
Depreciation, depletion and amortization 135,541 130,038
Gain on sale of Peak Gold JV interest (33,906)  
Non-cash employee stock compensation expense 4,236 8,283
Fair value changes in equity securities (4,060) 4,972
Deferred tax benefit (9,050) (37,117)
Other 684 703
Changes in assets and liabilities:    
Royalty receivables (17,738) (11,589)
Stream inventory (2,820) (567)
Income tax receivable (12,235) (8,658)
Prepaid expenses and other assets 998 (5,771)
Accounts payable 1,244 (1,295)
Income tax payable 12,337 14,054
Uncertain tax positions (12,470) (132)
Other liabilities 2,681 8,695
Net cash provided by operating activities 286,298 249,195
Cash flows from investing activities:    
Acquisition of stream and royalty interests (82,488) (107,855)
Proceeds from sale of Peak Gold JV interest 49,154  
Proceeds from sale of Contango shares 12,146  
Other (451) 2,766
Net cash used in investing activities (21,639) (105,089)
Cash flows from financing activities:    
Repayment of debt (155,000) (115,000)
Net payments from issuance of common stock (1,425) (4,257)
Common stock dividends (56,417) (53,111)
Other (685) 2,502
Net cash used in financing activities (213,527) (169,866)
Net increase (decrease) in cash and equivalents 51,132 (25,760)
Cash and equivalents at beginning of period 319,128 119,475
Cash and equivalents at end of period $ 370,260 $ 93,715