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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Financial Information Related To The Company's Business Segments
The following financial information relates to the Company’s business segments:
(In thousands)
 
 
 
 
 
 
 
South American Properties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2015
 
Mine
Production
 
PGM
Recycling
 
Canadian
Properties *
 
 
All Other
 
Total
Revenues
 
$
86,359

 
$
81,982

 
$

 
$

 
$
100

 
$
168,441

Depletion, depreciation and amortization
 
$
15,132

 
$
230

 
$

 
$

 
$

 
$
15,362

General and administrative expenses
 
$

 
$

 
$
275

 
$
100

 
$
8,536

 
$
8,911

Interest income
 
$

 
$
437

 
$
1

 
$
4

 
$
324

 
$
766

Interest expense
 
$

 
$

 
$

 
$

 
$
5,097

 
$
5,097

Income (loss) before income taxes
 
$
2,224

 
$
3,261

 
$
(577
)
 
$
(339
)
 
$
(19,062
)
 
$
(14,493
)
Capital expenditures
 
$
24,661

 
$
57

 
$

 
$

 
$
450

 
$
25,168

Total assets
 
$
608,198

 
$
3,390

 
$
27,078

 
$
104,265

 
$
574,256

 
$
1,317,187

* Total assets includes cash and cash equivalents of $17.1 million.
(In thousands)
 
 
 
 
 
 
 
South American Properties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2014
 
Mine
Production
 
PGM
Recycling
 
Canadian
Properties
 
 
All Other
 
Total
Revenues
 
$
137,067

 
$
109,509

 
$

 
$

 
$
5,490

 
$
252,066

Depletion, depreciation and amortization
 
$
16,923

 
$
258

 
$

 
$

 
$

 
$
17,181

General and administrative expenses *
 
$

 
$

 
$
794

 
$
17

 
$
9,240

 
$
10,051

Interest income
 
$

 
$
681

 
$
1

 
$
13

 
$
236

 
$
931

Interest expense
 
$

 
$

 
$

 
$

 
$
6,018

 
$
6,018

Income (loss) before income taxes
 
$
34,904

 
$
3,131

 
$
(1,205
)
 
$
748

 
$
(14,124
)
 
$
23,454

Capital expenditures
 
$
32,604

 
$
28

 
$

 
$
2

 
$
624

 
$
33,258

Total assets
 
$
584,538

 
$
88,411

 
$
76,678

 
$
107,909

 
$
526,923

 
$
1,384,459

* The Company reclassified Marketing expenses into General and administrative for All Other for the three-month period ended September 30, 2014, for presentation purposes.
(In thousands)
 
 
 
 
 
 
 
South
American
Properties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2015
 
Mine
Production
 
PGM
Recycling
 
Canadian
Properties *
 
 
All Other
 
Total
Revenues
 
$
331,065

 
$
222,980

 
$

 
$

 
$
300

 
$
554,345

Depletion, depreciation and amortization
 
$
48,943

 
$
738

 
$

 
$

 
$

 
$
49,681

General and administrative expenses
 
$

 
$

 
$
790

 
$
454

 
$
26,408

 
$
27,652

Interest income
 
$

 
$
1,256

 
$
7

 
$
23

 
$
906

 
$
2,192

Interest expense
 
$

 
$

 
$

 
$

 
$
15,713

 
$
15,713

Income (loss) before impairment charge and income taxes
 
$
52,446

 
$
7,424

 
$
(1,364
)
 
$
(1,216
)
 
$
(46,805
)
 
$
10,485

Impairment charge
 
$

 
$

 
$
46,772

 
$

 
$

 
$
46,772

Income (loss) after impairment charge, before income taxes
 
$
52,446

 
$
7,424

 
$
(48,136
)
 
$
(1,216
)
 
$
(46,805
)
 
$
(36,287
)
Capital expenditures
 
$
77,370

 
$
221

 
$

 
$
46

 
$
5,749

 
$
83,386

Total assets
 
$
608,198

 
$
3,390

 
$
27,078

 
$
104,265

 
$
574,256

 
$
1,317,187

* Total assets includes cash and cash equivalents of $17.1 million.
(In thousands)
 
 
 
 
 
 
 
South
American
Properties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
Mine
Production
 
PGM
Recycling
 
Canadian
Properties
 
 
All Other
 
Total
Revenues
 
$
409,967

 
$
305,760

 
$

 
$

 
$
5,725

 
$
721,452

Depletion, depreciation and amortization
 
$
49,373

 
$
761

 
$

 
$

 
$

 
$
50,134

General and administrative expenses *
 
$

 
$

 
$
2,783

 
$
339

 
$
24,895

 
$
28,017

Interest income
 
$

 
$
1,998

 
$
3

 
$
44

 
$
705

 
$
2,750

Interest expense
 
$

 
$

 
$

 
$

 
$
17,737

 
$
17,737

Income (loss) before income taxes
 
$
107,864

 
$
9,225

 
$
(3,843
)
 
$
2,841

 
$
(45,646
)
 
$
70,441

Capital expenditures
 
$
84,335

 
$
155

 
$

 
$
2

 
$
2,546

 
$
87,038

Total assets
 
$
584,538

 
$
88,411

 
$
76,678

 
$
107,909

 
$
526,923

 
$
1,384,459

* The Company reclassified Research and development and Marketing expenses into General and administrative for All Other for the nine-month period ended September 30, 2014, for presentation purposes.