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SEGMENT INFORMATION (Tables)
12 Months Ended
Jun. 30, 2021
SEGMENT INFORMATION  
Schedule of geographical distribution of long-lived assets

As of June 30, 2021

As of June 30, 2020

Total stream

Total stream

Stream

Royalty

and royalty

Stream

Royalty

and royalty

interest

interest

interests, net

interest

interest

interests, net

Canada

$

624,212

$

252,547

$

876,759

$

702,732

$

189,855

$

892,587

Dominican Republic

366,698

366,698

406,469

406,469

Chile

256,604

224,116

480,720

277,661

223,922

501,583

Africa

291,112

321

291,433

215,463

321

215,784

Mexico

66,867

66,867

75,951

75,951

United States

112,817

112,817

159,445

159,445

Australia

28,117

28,117

30,006

30,006

Rest of world

12,038

26,709

38,747

12,038

25,050

37,088

Total

$

1,550,664

$

711,494

$

2,262,158

$

1,614,363

$

704,550

$

2,318,913

Schedule of reportable segments for assessing performance

Our reportable segments for purposes of assessing performance are shown below (amounts in thousands):

Fiscal Year Ended June 30, 2021

    

Revenue

    

Cost of sales

    

Production taxes

    

Depletion

    

Segment gross profit

Stream interests

$

423,989

$

92,898

$

$

150,594

$

180,497

Royalty interests

191,867

6,743

32,619

152,505

Total

$

615,856

$

92,898

$

6,743

$

183,213

$

333,002

Fiscal Year Ended June 30, 2020

    

Revenue

    

Cost of sales

    

Production taxes

    

Depletion

    

Segment gross profit

Stream interests

$

359,868

$

83,890

$

$

144,678

$

131,300

Royalty interests

138,951

3,824

30,369

104,758

Total

$

498,819

$

83,890

$

3,824

$

175,047

$

236,058

Fiscal Year Ended June 30, 2019

    

Revenue

    

Cost of sales

    

Production taxes

    

Depletion

    

Segment gross profit

Stream interests

$

305,824

$

77,535

$

$

127,770

$

100,519

Royalty interests

117,232

4,112

35,086

78,034

Total

$

423,056

$

77,535

$

4,112

$

162,856

$

178,553

Schedule of reconciliation of segment gross profit to consolidated income (loss)

A reconciliation of total segment gross profit to the consolidated Income before income taxes is shown below (amounts in thousands):

Fiscal Year Ended June 30

2021

2020

2019

Total segment gross profit

$

333,002

$

236,058

$

178,553

Costs and expenses

General and administrative expenses

28,387

30,195

30,488

Exploration costs

563

5,190

7,158

Depreciation

356

387

200

Impairment of royalty interests

1,341

Total costs and expenses

29,306

37,113

37,846

Gain on sale of Peak Gold JV interest

33,906

Operating income

337,602

198,945

140,707

Fair value changes in equity securities

6,017

1,418

(6,800)

Interest and other income

2,443

2,046

2,320

Interest and other expense

(6,419)

(9,813)

(29,650)

Income before income taxes

$

339,643

$

192,596

$

106,577

Schedule of revenue by reportable segment geographically distributed

Our revenue by reportable segment for the fiscal year’s ended June 30, 2021, 2020, and 2019 is geographically distributed as shown in the following table (amounts in thousands):

Fiscal Year Ended June 30, 

    

2021

    

2020

    

2019

Stream interests:

Canada

$

190,537

$

158,736

$

123,152

Dominican Republic

115,583

96,978

82,844

Chile

82,164

74,219

69,264

Africa

35,705

29,935

30,564

Total stream interests

$

423,989

$

359,868

$

305,824

Royalty interests:

United States

$

68,611

$

48,692

$

34,845

Canada

31,671

30,524

32,602

Mexico

58,212

32,731

27,224

Australia

21,466

15,252

12,806

Africa

2,801

2,575

1,416

Chile

Rest of world

9,106

9,177

8,339

Total royalty interests

$

191,867

$

138,951

$

117,232

Total revenue

$

615,856

$

498,819

$

423,056