10-Q Filing

ROYAL GOLD INC CIK: 85535 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-073118`
Period End Date	20120930
Filing Date	20121101
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	rgld-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 47 Cash Flow Statement 54

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$302.04M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$375.46M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$114.16M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$123.40M	USD	Point-in-time
Royalty receivables	`RoyaltyReceivables`	$53.95M	USD	Point-in-time
Royalty receivables	`RoyaltyReceivables`	$64.73M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$11.05M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	58.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	58.76M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.08M	USD	Point-in-time
Exchangeable, shares issued	`ExchangeableSharesIssued`	1.81M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.76M	USD	Point-in-time
Exchangeable, shares issued	`ExchangeableSharesIssued`	1.81M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$371.85M	USD	Point-in-time
Exchangeable, shares redeemed	`ExchangeableSharesRedeemed`	1.04M	shares	Point-in-time
Exchangeable, shares redeemed	`ExchangeableSharesRedeemed`	1.01M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$445.21M	USD	Point-in-time
Royalty interests in mineral properties, net (Note 3)	`MineralPropertiesNet`	$1.99B	USD	Point-in-time
Royalty interests in mineral properties, net (Note 3)	`MineralPropertiesNet`	$1.89B	USD	Point-in-time
Available for sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$20.04M	USD	Point-in-time
Available for sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$15.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.78M	USD	Point-in-time
Total assets	`Assets`	$2.37B	USD	Point-in-time
Total assets	`Assets`	$2.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.62M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$8.97M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$8.95M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.21M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$293.25M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$295.44M	USD	Point-in-time
Net deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$179.77M	USD	Point-in-time
Net deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$178.72M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$20.09M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$19.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$517.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$509.62M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, 10,000,000 shares authorized; and 0 shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 10,000,000 shares authorized; and 0 shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 100,000,000 shares authorized; and 58,755,634 and 58,614,221 shares outstanding, respectively	`CommonStockValue`	$588.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000,000 shares authorized; and 58,755,634 and 58,614,221 shares outstanding, respectively	`CommonStockValue`	$586.00K	USD	Point-in-time
Exchangeable shares, no par value, 1,806,649 shares issued, less 1,042,823 and 1,007,823 redeemed shares, respectively	`CommonStockOtherValueOutstanding`	$35.16M	USD	Point-in-time
Exchangeable shares, no par value, 1,806,649 shares issued, less 1,042,823 and 1,007,823 redeemed shares, respectively	`CommonStockOtherValueOutstanding`	$33.62M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.66B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-8.72M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-13.76M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$175.93M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$160.12M	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$1.86B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$24.64M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$24.97M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.37B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.40B	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Royalty revenues	`RoyaltyRevenue`	$77.86M	USD	1 Quarter
Royalty revenues	`RoyaltyRevenue`	$64.47M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.07M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.30M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$2.48M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$2.15M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$21.50M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$17.22M	USD	1 Quarter
Restructuring on royalty interests in mineral properties	`GainsLossesOnRestructuringOfRoyalties`	$-1.33M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$30.05M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$27.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$47.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.47M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$2.83M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$110.00K	USD	1 Quarter
Interest and other expense	`InterestAndOtherExpense`	$6.17M	USD	1 Quarter
Interest and other expense	`InterestAndOtherExpense`	$1.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$38.52M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.38M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.46M	USD	1 Quarter
Net income	`ProfitLoss`	$26.14M	USD	1 Quarter
Net income	`ProfitLoss`	$25.29M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.65M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$523.00K	USD	1 Quarter
Net income attributable to Royal Gold stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$24.77M	USD	1 Quarter
Net income attributable to Royal Gold stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.50M	USD	1 Quarter
Net income	`ProfitLoss`	$26.14M	USD	1 Quarter
Net income	`ProfitLoss`	$25.29M	USD	1 Quarter
Unrealized change in market value of available for sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.05M	USD	1 Quarter
Unrealized change in market value of available for sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-5.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.34M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.65M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$523.00K	USD	1 Quarter
Comprehensive income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$29.82M	USD	1 Quarter
Comprehensive income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$17.19M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.18M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.44M	shares	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.49M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.68M	shares	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.11	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$26.14M	USD	1 Quarter
Net income	`ProfitLoss`	$25.29M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$21.50M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$17.22M	USD	1 Quarter
Gain on distribution to non-controlling interest	`GainOnDistributionToNoncontrollingInterest`	$88.00K	USD	1 Quarter
Gain on distribution to non-controlling interest	`GainOnDistributionToNoncontrollingInterest`	$3.02M	USD	1 Quarter
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$2.10M	USD	1 Quarter
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$2.20M	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`TaxBenefitFromStockOptionsExercised1`	$-1.57M	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`TaxBenefitFromStockOptionsExercised1`	$-773.00K	USD	1 Quarter
Restructuring on royalty interests in mineral properties	`GainsLossesOnRestructuringOfRoyalties`	$-1.33M	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.75M	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$508.00K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.19M	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$5.95M	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$10.79M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-197.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$249.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$70.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$53.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.76M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.31M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-716.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.25M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$46.17M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$53.54M	USD	1 Quarter
Acquisition of royalty interests in mineral properties	`PaymentsToAcquireRoyaltyInterestsInMiningProperties`	$120.03M	USD	1 Quarter
Proceeds on sale of Inventory - restricted	`ProceedsOnSaleOfInventoryRestricted`	$118.00K	USD	1 Quarter
Proceeds on sale of Inventory - restricted	`ProceedsOnSaleOfInventoryRestricted`	$4.46M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$111.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$17.00K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-119.93M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$4.34M	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$33.90M	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$6.09M	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$8.95M	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$562.00K	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$5.38M	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.54M	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.71M	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$773.00K	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.57M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.27M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-7.03M	USD	1 Quarter
Net increase (decrease) in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$9.25M	USD	1 Quarter
Net increase (decrease) in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-73.42M	USD	1 Quarter
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$302.04M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$375.46M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$114.16M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$123.40M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$302.04M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$375.46M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$114.16M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$123.40M	USD	Point-in-time

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