10-Q Filing

COEUR MINING, INC. CIK: 215466 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0000215466-15-000040`
Period End Date	20150331
Filing Date	20150504
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	cde-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 42 Cash Flow Statement 60 Stockholders Equity 9 Comprehensive Income 4

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$206.69M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$272.93M	USD	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$116.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$118.39M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventory	`InventoryNet`	$114.93M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	103.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	103.38M	shares	Point-in-time
Inventory	`InventoryNet`	$115.34M	USD	Point-in-time
Ore on leach pads	`OreOnLeachPadCurrent`	$66.70M	USD	Point-in-time
Ore on leach pads	`OreOnLeachPadCurrent`	$48.20M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsGrossCurrent`	$7.25M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsGrossCurrent`	$7.36M	USD	Point-in-time
Prepaid expenses and other	`OtherAssetsCurrent`	$18.63M	USD	Point-in-time
Prepaid expenses and other	`OtherAssetsCurrent`	$15.52M	USD	Point-in-time
Current assets	`AssetsCurrent`	$573.80M	USD	Point-in-time
Current assets	`AssetsCurrent`	$505.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$227.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$254.89M	USD	Point-in-time
Mining properties, net	`MineralPropertiesNet`	$501.19M	USD	Point-in-time
Mining properties, net	`MineralPropertiesNet`	$572.84M	USD	Point-in-time
Ore on leach pads	`OreOnLeachPadNonCurrent`	$34.42M	USD	Point-in-time
Ore on leach pads	`OreOnLeachPadNonCurrent`	$37.89M	USD	Point-in-time
Restricted assets	`OtherRestrictedAssetsNoncurrent`	$9.04M	USD	Point-in-time
Restricted assets	`OtherRestrictedAssetsNoncurrent`	$7.04M	USD	Point-in-time
Equity securities	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$4.49M	USD	Point-in-time
Equity securities	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$5.98M	USD	Point-in-time
Receivables	`ValueAddedTaxReceivableNoncurrent`	$21.69M	USD	Point-in-time
Receivables	`ValueAddedTaxReceivableNoncurrent`	$18.93M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$60.15M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$63.73M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$9.91M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$11.56M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.48B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.45B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.39M	USD	Point-in-time
Accrued liabilities and other	`OtherLiabilitiesCurrent`	$40.57M	USD	Point-in-time
Accrued liabilities and other	`OtherLiabilitiesCurrent`	$51.51M	USD	Point-in-time
Debt	`DebtCurrent`	$65.72M	USD	Point-in-time
Debt	`DebtCurrent`	$17.50M	USD	Point-in-time
Royalty obligations	`CurrentPortionOfRoyaltyObligation`	$44.44M	USD	Point-in-time
Royalty obligations	`CurrentPortionOfRoyaltyObligation`	$43.68M	USD	Point-in-time
Reclamation	`AccruedReclamationCostsCurrent`	$3.89M	USD	Point-in-time
Reclamation	`AccruedReclamationCostsCurrent`	$3.87M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	$8.08M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	$8.08M	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$208.08M	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$173.69M	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligations`	$451.05M	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligations`	$447.78M	USD	Point-in-time
Royalty obligations	`NoncurrentPortionOfRoyaltyObligation`	$21.22M	USD	Point-in-time
Royalty obligations	`NoncurrentPortionOfRoyaltyObligation`	$27.65M	USD	Point-in-time
Reclamation	`MineReclamationAndClosingLiabilityNoncurrent`	$85.90M	USD	Point-in-time
Reclamation	`MineReclamationAndClosingLiabilityNoncurrent`	$66.94M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$121.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$111.01M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$29.91M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$37.48M	USD	Point-in-time
Non-current liabilities	`LiabilitiesNoncurrent`	$714.17M	USD	Point-in-time
Non-current liabilities	`LiabilitiesNoncurrent`	$686.56M	USD	Point-in-time
Common stock, par value $0.01 per share; authorized 150,000,000 shares, issued and outstanding 103,299,223 at March 31, 2015 and 103,384,408 at December 31, 2014	`CommonStockValue`	$1.03M	USD	Point-in-time
Common stock, par value $0.01 per share; authorized 150,000,000 shares, issued and outstanding 103,299,223 at March 31, 2015 and 103,384,408 at December 31, 2014	`CommonStockValue`	$1.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.79B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.79B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.81M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.20B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.24B	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$553.56M	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$585.32M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.45B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.48B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueMineralSales`	$152.96M	USD	1 Quarter
Revenue	`RevenueMineralSales`	$159.63M	USD	1 Quarter
Costs applicable to sales	`CostOfGoodsSold`	$115.06M	USD	1 Quarter
Costs applicable to sales	`CostOfGoodsSold`	$106.90M	USD	1 Quarter
Amortization	`DepreciationDepletionAndAmortization`	$40.46M	USD	1 Quarter
Amortization	`DepreciationDepletionAndAmortization`	$33.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.83M	USD	1 Quarter
Exploration	`ExplorationExpenseMining`	$4.22M	USD	1 Quarter
Exploration	`ExplorationExpenseMining`	$4.27M	USD	1 Quarter
Pre-development, reclamation, and other	`PreDevelopment`	$6.76M	USD	1 Quarter
Pre-development, reclamation, and other	`PreDevelopment`	$6.98M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$172.45M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$168.01M	USD	1 Quarter
Fair value adjustments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-11.44M	USD	1 Quarter
Fair value adjustments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-4.88M	USD	1 Quarter
Impairment of equity securities	`ImpairmentOfInvestments`	$1.51M	USD	1 Quarter
Impairment of equity securities	`ImpairmentOfInvestments`	$2.59M	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$-997.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$-1.98M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$13.05M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$10.77M	USD	1 Quarter
Total other income and expense	`NonoperatingIncomeExpense`	$-29.06M	USD	1 Quarter
Total other income and expense	`NonoperatingIncomeExpense`	$-18.16M	USD	1 Quarter
Income before income and mining taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-41.88M	USD	1 Quarter
Income before income and mining taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-33.22M	USD	1 Quarter
Income and mining tax benefit (expense)	`IncomeTaxExpenseBenefit`	$68.00K	USD	1 Quarter
Income and mining tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-4.69M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-33.29M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-37.19M	USD	1 Quarter
Unrealized gain (loss) on equity securities, net of tax of $578 and $(234) for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-915.00K	USD	1 Quarter
Unrealized gain (loss) on equity securities, net of tax of $578 and $(234) for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$371.00K	USD	1 Quarter
Reclassification adjustments for impairment of equity securities, net of tax of $(586) and $(1,001) for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$928.00K	USD	1 Quarter
Reclassification adjustments for impairment of equity securities, net of tax of $(586) and $(1,001) for the three months ended March 31, 2015 and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.59M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.96M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.00K	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-33.27M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-35.23M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.32	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.36	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.36	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.32	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-33.29M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.19M	USD	1 Quarter
Amortization	`DepreciationAndDepletion`	$40.46M	USD	1 Quarter
Amortization	`DepreciationAndDepletion`	$33.09M	USD	1 Quarter
Accretion	`AccretionExpense`	$4.56M	USD	1 Quarter
Accretion	`AccretionExpense`	$3.15M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.18M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.78M	USD	1 Quarter
Loss on termination of revolving credit facility	`GainsLossesOnExtinguishmentOfDebt`	$-3.04M	USD	1 Quarter
Loss on termination of revolving credit facility	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Fair value adjustments, net	`FairValueAdjustmentsNet`	$-4.88M	USD	1 Quarter
Fair value adjustments, net	`FairValueAdjustmentsNet`	$-11.44M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.15M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.56M	USD	1 Quarter
Impairment of equity securities	`ImpairmentOfInvestments`	$1.51M	USD	1 Quarter
Impairment of equity securities	`ImpairmentOfInvestments`	$2.59M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$817.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.08M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivablesAndOtherCurrentAssets`	$-2.56M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivablesAndOtherCurrentAssets`	$-5.62M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.33M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.11M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-684.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.91M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.28M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.08M	USD	1 Quarter
CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-3.97M	USD	1 Quarter
CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-9.63M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.62M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$11.94M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireMineralRights`	$102.02M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireMineralRights`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$25.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.73M	USD	1 Quarter
Purchase of short term investments and equity securities	`PaymentsToAcquireInvestments`	$46.22M	USD	1 Quarter
Purchase of short term investments and equity securities	`PaymentsToAcquireInvestments`	$278.00K	USD	1 Quarter
Sales and maturities of short-term investments	`PaymentsForProceedsFromInvestments`	$-229.00K	USD	1 Quarter
Sales and maturities of short-term investments	`PaymentsForProceedsFromInvestments`	$-90.00K	USD	1 Quarter
CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-121.42M	USD	1 Quarter
CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-58.09M	USD	1 Quarter
Issuance of notes and bank borrowings	`ProceedsFromIssuanceOfUnsecuredDebt`	$153.00M	USD	1 Quarter
Issuance of notes and bank borrowings	`ProceedsFromIssuanceOfUnsecuredDebt`	$53.50M	USD	1 Quarter
Payments on long-term debt, capital leases, and associated costs	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$4.11M	USD	1 Quarter
Payments on long-term debt, capital leases, and associated costs	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$8.59M	USD	1 Quarter
Gold production royalty payments	`Cashpaymentsongoldproductionroyalty`	$10.37M	USD	1 Quarter
Gold production royalty payments	`Cashpaymentsongoldproductionroyalty`	$14.68M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-423.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-246.00K	USD	1 Quarter
CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$133.96M	USD	1 Quarter
CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$34.12M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$66.24M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-91.27M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$270.86M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$179.59M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$206.69M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$272.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$270.86M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$179.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$206.69M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$272.93M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$553.56M	USD	Point-in-time
Balances	`StockholdersEquity`	$585.32M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-33.29M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.19M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.96M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.00K	USD	1 Quarter
Common stock issued under stock-based compensation plans, net	`CommonStockCancelledUnderLongTermIncentivePlansNet`	$1.52M	USD	1 Quarter
Balances	`StockholdersEquity`	$553.56M	USD	Point-in-time
Balances	`StockholdersEquity`	$585.32M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$578.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-234.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$-1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$-586.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.