XML 52 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 262,608us-gaap_CashAndCashEquivalentsAtCarryingValue $ 280,286us-gaap_CashAndCashEquivalentsAtCarryingValue
Investments, at fair market value 278,565us-gaap_AvailableForSaleSecuritiesCurrent 251,254us-gaap_AvailableForSaleSecuritiesCurrent
Inventories 123,372us-gaap_InventoryNet 130,307us-gaap_InventoryNet
Trade receivables 1,152us-gaap_ReceivablesNetCurrent 1,277us-gaap_ReceivablesNetCurrent
Deferred income taxes 17,800us-gaap_DeferredTaxAssetsNetCurrent 21,055us-gaap_DeferredTaxAssetsNetCurrent
Prepaids 1,363us-gaap_PrepaidExpenseCurrent 2,546us-gaap_PrepaidExpenseCurrent
Other current assets 15,123us-gaap_OtherAssetsCurrent 14,671us-gaap_OtherAssetsCurrent
Total current assets 699,983us-gaap_AssetsCurrent 701,396us-gaap_AssetsCurrent
Mineral properties 159,252us-gaap_MineralPropertiesNet 159,252us-gaap_MineralPropertiesNet
Mine development, net 422,551us-gaap_ConstructionInProgressGross 409,754us-gaap_ConstructionInProgressGross
Property, plant and equipment, net 115,957us-gaap_PropertyPlantAndEquipmentOtherNet 118,881us-gaap_PropertyPlantAndEquipmentOtherNet
Deferred debt issuance costs 5,729us-gaap_DeferredFinanceCostsNoncurrentNet 6,032us-gaap_DeferredFinanceCostsNoncurrentNet
Other noncurrent assets 5,571us-gaap_OtherAssetsNoncurrent 4,012us-gaap_OtherAssetsNoncurrent
Total assets 1,409,043us-gaap_Assets 1,399,327us-gaap_Assets
Current liabilities    
Accounts payable 22,535us-gaap_AccountsPayableCurrent 26,806us-gaap_AccountsPayableCurrent
Accrued compensation and benefits 27,821us-gaap_EmployeeRelatedLiabilitiesCurrent 29,973us-gaap_EmployeeRelatedLiabilitiesCurrent
Property, production and franchise taxes payable 13,787us-gaap_TaxesPayableCurrent 15,828us-gaap_TaxesPayableCurrent
Current portion of long-term debt and capital lease obligations 2,172us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 2,144us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Other current liabilities 8,561us-gaap_OtherLiabilitiesCurrent 7,288us-gaap_OtherLiabilitiesCurrent
Total current liabilities 74,876us-gaap_LiabilitiesCurrent 82,039us-gaap_LiabilitiesCurrent
Long-term debt and capital lease obligations 297,933us-gaap_LongTermDebtAndCapitalLeaseObligations 294,023us-gaap_LongTermDebtAndCapitalLeaseObligations
Deferred income taxes 52,798us-gaap_DeferredTaxLiabilitiesNoncurrent 68,896us-gaap_DeferredTaxLiabilitiesNoncurrent
Accrued workers compensation 5,914swc_AccruedWorkersCompensationLiabilityNoncurrent 6,060swc_AccruedWorkersCompensationLiabilityNoncurrent
Asset retirement obligation 9,292us-gaap_MineReclamationAndClosingLiabilityNoncurrent 9,401us-gaap_MineReclamationAndClosingLiabilityNoncurrent
Other noncurrent liabilities 10,035us-gaap_OtherLiabilitiesNoncurrent 7,200us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 450,848us-gaap_Liabilities 467,619us-gaap_Liabilities
Stockholders’ equity    
Preferred stock, $0.01 par value, 1,000,000 shares authorized; none issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $0.01 par value, 200,000,000 shares authorized; 120,619,315 and 120,381,746 shares issued and outstanding 1,206us-gaap_CommonStockValue 1,204us-gaap_CommonStockValue
Paid-in capital 1,094,607us-gaap_AdditionalPaidInCapital 1,091,146us-gaap_AdditionalPaidInCapital
Accumulated deficit (156,136)us-gaap_RetainedEarningsAccumulatedDeficit (179,139)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 153us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 17us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 939,830us-gaap_StockholdersEquity 913,228us-gaap_StockholdersEquity
Noncontrolling interest 18,365us-gaap_MinorityInterest 18,480us-gaap_MinorityInterest
Total equity 958,195us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 931,708us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 1,409,043us-gaap_LiabilitiesAndStockholdersEquity $ 1,399,327us-gaap_LiabilitiesAndStockholdersEquity