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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statements of Operations and Comprehensive Income        
Revenue (Note 5) $ 144,042 $ 146,441 $ 314,434 $ 308,796
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 23,367 23,810 48,387 46,450
General and administrative 9,093 9,312 20,093 18,243
Production taxes 1,274 1,425 3,263 3,646
Depreciation, depletion and amortization 38,412 43,989 84,741 91,976
Total costs and expenses 72,146 78,536 156,484 160,315
Operating income 71,896 67,905 157,950 148,481
Fair value changes in equity securities (509) (2,191) 291 (1,577)
Interest and other income 2,650 1,118 4,912 2,093
Interest and other expense (8,408) (1,398) (17,582) (2,296)
Income before income taxes 65,629 65,434 145,571 146,701
Income tax (expense) benefit (2,029) 5,911 (17,900) (9,393)
Net income and comprehensive income 63,600 71,345 127,671 137,308
Net income and comprehensive income attributable to non-controlling interests (151) (205) (347) (492)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 63,449 $ 71,140 $ 127,324 $ 136,816
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share $ 0.97 $ 1.08 $ 1.94 $ 2.08
Basic weighted average shares outstanding 65,605,391 65,569,190 65,600,213 65,567,621
Diluted earnings per share $ 0.97 $ 1.08 $ 1.93 $ 2.08
Diluted weighted average shares outstanding 65,762,903 65,678,320 65,736,028 65,661,653
Cash dividends declared per common share $ 0.375 $ 0.35 $ 0.75 $ 0.70