XML 22 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Noncontrolling Interest
6 Months Ended
Jun. 30, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interest
NONCONTROLLING INTEREST
In the fourth quarter of 2015, the Company purchased a 25% interest held by Mitsubishi Corporation (Mitsubishi) in Stillwater Canada Inc (SCI), the Company's subsidiary, which holds the Marathon PGM-copper assets. The Company paid total cash consideration of $5.2 million which equaled $1.0 million in cash and 25% of the total cash and cash equivalents held by SCI.
Prior to the repurchase, Mitsubishi's 25% interest in SCI's net loss for each period was shown as Net loss attributable to noncontrolling interest in the Company's Consolidated Statements of Comprehensive Income (Loss). The amount of the loss was added back to the Company's reported Net (loss) income in each period in arriving at Net (loss) income attributable to common stockholders. The reported Net loss attributable to noncontrolling interest for the three and six months ended June 30, 2015 was $11.5 million and $11.7 million, respectively.