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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Operations and Comprehensive Income        
Revenue (Note 6) $ 146,441 $ 168,027 $ 308,796 $ 310,616
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 23,810 24,668 46,450 46,137
General and administrative 9,312 7,212 18,243 14,143
Production taxes 1,425 2,152 3,646 3,987
Depreciation, depletion and amortization 43,989 48,028 91,976 89,324
Total costs and expenses 78,536 82,060 160,315 153,591
Operating income 67,905 85,967 148,481 157,025
Fair value changes in equity securities (2,191) 1,957 (1,577) 3,859
Interest and other income 1,118 676 2,093 1,409
Interest and other expense (1,398) (1,145) (2,296) (2,965)
Income before income taxes 65,434 87,455 146,701 159,328
Income tax benefit (expense) 5,911 (5,536) (9,393) (23,214)
Net income and comprehensive income 71,345 81,919 137,308 136,114
Net income and comprehensive income attributable to non-controlling interests (205) (242) (492) (409)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 71,140 $ 81,677 $ 136,816 $ 135,705
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share $ 1.08 $ 1.24 $ 2.08 $ 2.07
Basic weighted average shares outstanding 65,569,190 65,550,682 65,567,621 65,550,542
Diluted earnings per share $ 1.08 $ 1.24 $ 2.08 $ 2.07
Diluted weighted average shares outstanding 65,678,320 65,636,964 65,661,653 65,629,284
Cash dividends declared per common share $ 0.35 $ 0.30 $ 0.70 $ 0.60