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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:      
Net income and comprehensive income $ 302,776 $ 196,250 $ 89,079
Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:      
Depreciation, depletion and amortization 183,569 175,434 163,056
Amortization of debt issuance costs 1,148 1,136 15,288
Gain on sale of Peak Gold JV interest (33,906)    
Non-cash employee stock compensation expense 5,730 9,116 6,617
Fair value changes in equity securities (6,017) (1,418) 6,800
Deferred tax expense (benefit) 456 (32,399) (1,745)
Impairment of royalty interests   1,341  
Other (177) (148) (2)
Changes in assets and liabilities:      
Royalty receivables (19,552) (6,957) 5,623
Stream inventory (6,014) (291) (2,069)
Income tax receivable (2,085) 268 (2,663)
Prepaid expenses and other assets 318 (7,828) 2,793
Accounts payable 3,237 (275) (6,426)
Income tax payable 1,156 6,349 (11,281)
Uncertain tax positions (24,518) (11,146) 3,180
Other liabilities 1,030 11,320 (15,084)
Net cash provided by operating activities 407,151 340,752 253,166
Cash flows from investing activities:      
Acquisition of stream and royalty interests (168,147) (155,985) (1,055)
Khoemacau subordinated credit facility (18,000)    
Proceeds from sale of Peak Gold JV interest 49,154    
Proceeds from sale of Contango shares 12,146    
Proceeds from sale of equity securities 8,651    
Other (541) 3,126 (4,540)
Net cash used in investing activities (116,737) (152,859) (5,595)
Cash flows from financing activities:      
Repayment of debt (305,000) (115,000) (370,000)
Borrowings from revolving credit facility   200,000 220,000
Net payments from issuance of common stock (1,465) (4,180) (1,595)
Common stock dividends (76,099) (71,471) (67,477)
Other (1,062) 2,411 2,226
Net cash (used in) provided by financing activities (383,626) 11,760 (216,846)
Net (decrease) increase in cash and equivalents (93,212) 199,653 30,725
Cash and equivalents at beginning of period 319,128 119,475 88,750
Cash and equivalents at end of period $ 225,916 $ 319,128 $ 119,475