XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Consolidated Statements of Operations and Comprehensive Income        
Revenue (Note 6) $ 131,429 $ 174,431 $ 440,226 $ 485,047
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 23,221 27,230 69,670 73,367
General and administrative 7,554 7,129 25,797 21,272
Production taxes 1,119 2,054 4,765 6,042
Depreciation, depletion and amortization 37,761 50,611 129,739 139,935
Total costs and expenses 69,655 87,024 229,971 240,616
Operating income 61,774 87,407 210,255 244,431
Fair value changes in equity securities 356 176 (1,221) 4,035
Interest and other income 3,571 819 5,665 2,227
Interest and other expense (8,814) (1,908) (11,110) (4,873)
Income before income taxes 56,887 86,494 203,589 245,820
Income tax expense (10,954) (16,028) (20,347) (39,242)
Net income and comprehensive income 45,933 70,466 183,242 206,578
Net income and comprehensive income attributable to non-controlling interests (141) (290) (633) (699)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 45,792 $ 70,176 $ 182,609 $ 205,879
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share $ 0.70 $ 1.07 $ 2.78 $ 3.14
Basic weighted average shares outstanding 65,579,834 65,556,608 65,571,737 65,552,586
Diluted earnings per share $ 0.70 $ 1.07 $ 2.78 $ 3.13
Diluted weighted average shares outstanding 65,660,152 65,627,845 65,661,197 65,628,827
Cash dividends declared per common share $ 0.35 $ 0.30 $ 1.05 $ 0.90