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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Consolidated Statements of Operations and Comprehensive Income        
Revenue (Note 4) $ 138,617 $ 131,429 $ 453,051 $ 440,226
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 21,351 23,221 69,738 69,670
General and administrative 9,927 7,554 30,020 25,797
Production taxes 1,671 1,119 4,934 4,765
Depreciation, depletion and amortization 40,106 37,761 124,847 129,739
Total costs and expenses 73,055 69,655 229,539 229,971
Operating income 65,562 61,774 223,512 210,255
Fair value changes in equity securities (462) 356 (171) (1,221)
Interest and other income 2,436 3,571 7,348 5,665
Interest and other expense (7,285) (8,814) (24,867) (11,110)
Income before income taxes 60,251 56,887 205,822 203,589
Income tax expense (10,752) (10,954) (28,652) (20,347)
Net income and comprehensive income 49,499 45,933 177,170 183,242
Net income and comprehensive income attributable to non-controlling interests (162) (141) (509) (633)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 49,337 $ 45,792 $ 176,661 $ 182,609
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share $ 0.75 $ 0.70 $ 2.69 $ 2.78
Basic weighted average shares outstanding 65,619,406 65,579,834 65,606,681 65,571,737
Diluted earnings per share $ 0.75 $ 0.70 $ 2.68 $ 2.78
Diluted weighted average shares outstanding 65,757,076 65,660,152 65,743,114 65,661,197
Cash dividends declared per common share $ 0.375 $ 0.35 $ 1.125 $ 1.05