SEGMENT REPORTING

The Company’s operating segments include the Palmarejo complex, and the Rochester, Kensington, Wharf and Silvertip mines. Except for the Silvertip mine, all operating segments are engaged in the discovery, mining, and production of gold and/or silver. The Silvertip mine is engaged in the discovery, mining, and production of silver, zinc and lead. Other includes the Sterling/Crown Block and La Preciosa projects, other mineral interests, strategic equity investments, corporate office, elimination of intersegment transactions, and other items necessary to reconcile to consolidated amounts.

Financial information relating to the Company’s segments is as follows (in thousands):



Three months ended March 31, 2019	Palmarejo			Rochester			Kensington			Wharf			Silvertip			Other			Total
Revenue
Gold sales	$	31,600		$	11,053		$	40,286		$	23,825		$	—		$	—		$	106,764
Silver sales	21,625			15,317			—			217			2,955			—			40,114
Zinc sales	—			—			—			—			5,634			—			5,634
Lead sales	—			—			—			—			2,358			—			2,358
Metal sales	53,225			26,370			40,286			24,042			10,947			—			154,870
Costs and Expenses
Costs applicable to sales⁽¹⁾	33,244			22,454			32,175			17,392			26,385			—			131,650
Amortization	14,528			4,037			11,727			2,681			8,426			477			41,876
Exploration	1,010			90			481			—			61			2,072			3,714
Other operating expenses	702			962			271			664			241			11,068			13,908
Other income (expense)
Fair value adjustments, net	—			—			—			—			—			9,120			9,120
Interest expense, net	(136		)	(142		)	(229		)	(21		)	(197		)	(5,729		)	(6,454		)
Other, net	(1,040		)	(27		)	13			86			(188		)	1,216			60
Income and mining tax (expense) benefit	1,291			144			—			(173		)	9,751			(2,355		)	8,658
Income (loss) from continuing operations	$	3,856		$	(1,198	)	$	(4,584	)	$	3,197		$	(14,800	)	$	(11,365	)	$	(24,894	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	—		$	5,693		$	5,693
Segment assets⁽²⁾	$	360,734		$	271,403		$	221,164		$	103,579		$	417,089		$	174,430		$	1,548,399
Capital expenditures	$	8,676		$	4,645		$	9,356		$	431		$	4,077		$	253		$	27,438

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Three months ended March 31, 2018	Palmarejo			Rochester			Kensington			Wharf			Silvertip			Other			Total
Revenue
Gold sales	$	36,069		$	14,856		$	36,300		$	23,249		—			$	—		$	110,474
Silver sales	33,968			18,641			—			184			—			—			52,793
Metal sales	70,037			33,497			36,300			23,433			—			—			163,267
Costs and Expenses
Costs applicable to sales⁽¹⁾	31,096			24,305			28,630			15,309			—			—			99,340
Amortization	16,325			4,831			6,717			2,657			—			247			30,777
Exploration	3,970			33			1,590			10			—			1,080			6,683
Other operating expenses	731			884			321			665			20			10,408			13,029
Other income (expense)
Loss on debt extinguishment	—			—			—			—			—			—			—
Fair value adjustments, net	—			—			—			—			—			4,654			4,654
Interest expense, net	(119		)	(98		)	(243		)	(12		)	(410		)	(5,083		)	(5,965		)
Other, net	(2,144		)	(40		)	(37		)	(21		)	362			2,393			513
Income and mining tax (expense) benefit	(12,443		)	(371		)	—			(639		)	835			669			(11,949		)
Income (loss) from continuing operations	$	3,209		$	2,935		$	(1,238	)	$	4,120		$	767		$	(9,102	)	$	691
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		—			$	550		$	550
Segment assets⁽²⁾	$	377,146		$	245,881		$	215,244		$	104,805		361,212			$	119,922		$	1,424,210
Capital expenditures	$	9,293		$	2,633		$	11,364		$	344		18,629			$	82		$	42,345

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Assets	March 31, 2019		December 31, 2018
Total assets for reportable segments	$	1,548,399	$	1,550,671
Cash and cash equivalents	69,033		115,081
Other assets	113,933		46,748
Total consolidated assets	$	1,731,365	$	1,712,500

Geographic Information



Long-Lived Assets	March 31, 2019		December 31, 2018
Mexico	$	337,752	$	342,007
United States	513,399		515,649
Canada	402,668		404,185
Other	7,995		8,177
Total	$	1,261,814	$	1,270,018



Revenue	Three Months Ended March 31,
Revenue	2019		2018
United States	$	90,699	$	93,230
Mexico	53,225		70,037
Canada	10,946		—
Total	$	154,870	$	163,267