XML 26 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Jun. 30, 2020
Consolidated Statements of Operations and Comprehensive Income          
Revenue (Note 8) $ 342,952 $ 603,206 $ 653,568 $ 615,856 $ 498,819
Costs and expenses          
Cost of sales (excludes depreciation, depletion and amortization) 52,329 94,642 98,467 92,898 83,890
General and administrative 15,163 34,612 29,306 28,387 30,195
Production taxes 4,412 7,021 8,399 6,743 3,824
Exploration costs       563 5,190
Depreciation, depletion and amortization 99,685 178,935 189,009 183,569 175,434
Impairment of royalty interests   4,287   0 1,341
Total costs and expenses 171,589 319,497 325,181 312,160 299,874
Gain on sale of Peak Gold JV interest       33,906  
Operating income 171,363 283,709 328,387 337,602 198,945
Fair value changes in equity securities (1,350) (1,503) 2,510 6,017 1,418
Interest and other income 1,610 7,832 3,019 2,443 2,046
Interest and other expense (2,787) (17,170) (5,753) (6,419) (9,813)
Income before income taxes 168,836 272,868 328,163 339,643 192,596
Income tax expense (30,008) (32,926) (53,223) (36,867) 3,654
Net income and comprehensive income 138,828 239,942 274,940 302,776 196,250
Net (income) loss and comprehensive (income) loss attributable to non-controlling interests (489) (960) (898) (244) 3,093
Net income and comprehensive income attributable to Royal Gold common stockholders $ 138,339 $ 238,982 $ 274,042 $ 302,532 $ 199,343
Net income per share attributable to Royal Gold common stockholders:          
Basic earnings per share $ 2.11 $ 3.64 $ 4.17 $ 4.61 $ 3.04
Basic weighted average shares outstanding 65,560,468 65,576,995 65,552,586 65,546,400 65,523,024
Diluted earnings per share $ 2.10 $ 3.63 $ 4.17 $ 4.60 $ 3.03
Diluted weighted average shares outstanding 65,624,567 65,661,748 65,624,007 65,627,591 65,643,390
Cash dividends declared per common share $ 0.65 $ 1.425 $ 1.25 $ 1.18 $ 1.11