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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:        
NET INCOME (LOSS) $ 32,146 $ (1,209) $ 34,206 $ (13,109)
Adjustments:        
Amortization 31,973 27,876 61,910 64,038
Accretion 2,965 2,908 5,870 5,755
Deferred income taxes 5,100 (1,545) 5,224 (7,032)
Loss on debt extinguishment 0 0 9,173 0
Fair value adjustments, net (37,239) (10,067) (33,440) (1,248)
Stock-based compensation 3,256 2,287 7,512 4,300
Gain on Modification of Lease 0 0 0 (4,051)
Inventory Write-down 0 5,208 0 15,589
Revenue Recognized (7,255) (8,134) (15,601) (15,682)
Foreign exchange and other 496 (913) (1,832) (2,005)
Changes in operating assets and liabilities:        
Receivables 961 (1,536) 1,960 (2,349)
Prepaid expenses and other current assets 1,328 1,081 673 735
Inventories 3,259 (8,056) (14,227) (29,981)
Accounts payable and accrued liabilities 21,069 2,047 (7,728) (13,004)
CASH PROVIDED (USED IN) BY OPERATING ACTIVITIES 58,059 9,947 53,700 1,956
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures (78,223) (16,682) (137,647) (38,890)
Proceeds from the sale of assets 968 9 5,556 4,515
Purchase of investments (876) 0 (876) 0
Sale of investments 0 19,802 935 19,802
Other (13) (183) (30) (200)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (78,144) 2,946 (132,062) (14,773)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Issuance of notes and bank borrowings, net of issuance costs 0 100,000 367,493 150,000
Payments on long-term debt, capital leases, and associated costs (9,611) (95,713) (253,578) (101,614)
Gold production royalty payments 0 0 0 (18,750)
Other (233) 141 (4,158) (1,832)
CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES (9,844) 4,428 109,757 27,804
Effect of exchange rate changes on cash and cash equivalents (56) 929 (107) 303
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (29,985) 18,250 31,288 15,290
Cash, cash equivalents and restricted cash at beginning of period 155,443 54,058 94,170 57,018
Cash, cash equivalents and restricted cash at end of period $ 125,458 $ 72,308 $ 125,458 $ 72,308