10-Q Filing

ROYAL GOLD INC CIK: 85535 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-075104`
Period End Date	20140930
Filing Date	20141030
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	rgld-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 48 Cash Flow Statement 52

Balance Sheet 80 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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$637.90M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$691.41M	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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.54M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$664.03M	USD	Point-in-time
Royalty receivables	`RoyaltyReceivables`	$43.23M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Royalty receivables	`RoyaltyReceivables`	$46.65M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$16.27M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$21.95M	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
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$7.84M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$6.47M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.59M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$735.98M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.58M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$757.38M	USD	Point-in-time
Royalty and stream interests, net (Note 3)	`MineralPropertiesNet`	$2.09B	USD	Point-in-time
Exchangeable shares, par value (in dollars per share)	`ExchangeableSharesParValuePerShare`	-	USD	Point-in-time
Exchangeable shares, par value (in dollars per share)	`ExchangeableSharesParValuePerShare`	-	USD	Point-in-time
Royalty and stream interests, net (Note 3)	`MineralPropertiesNet`	$2.11B	USD	Point-in-time
Exchangeable shares, shares issued	`ExchangeableSharesIssued`	1.81M	shares	Point-in-time
Available-for-sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$8.27M	USD	Point-in-time
Available-for-sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$9.61M	USD	Point-in-time
Exchangeable shares, shares issued	`ExchangeableSharesIssued`	1.81M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$36.89M	USD	Point-in-time
Exchangeable shares, shares redeemed	`ExchangeableSharesRedeemed`	1.43M	shares	Point-in-time
Exchangeable shares, shares redeemed	`ExchangeableSharesRedeemed`	1.43M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$35.89M	USD	Point-in-time
Total assets	`Assets`	$2.89B	USD	Point-in-time
Total assets	`Assets`	$2.89B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.90M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$13.69M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$13.68M	USD	Point-in-time
Foreign withholding taxes payable	`ForeignWithholdingTaxesPayableCurrent`	$879.00K	USD	Point-in-time
Foreign withholding taxes payable	`ForeignWithholdingTaxesPayableCurrent`	$2.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.73M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.50M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$311.86M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$314.33M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$164.49M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$169.87M	USD	Point-in-time
Uncertain tax positions (Note 9)	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.21M	USD	Point-in-time
Uncertain tax positions (Note 9)	`LiabilityForUncertainTaxPositionsNoncurrent`	$13.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$707.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$514.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$518.99M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, authorized 10,000,000 shares authorized; and 0 shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, authorized 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 64,594,419 and 64,578,401 shares outstanding, respectively	`CommonStockValue`	$646.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000,000 shares authorized; and 64,594,419 and 64,578,401 shares outstanding, respectively	`CommonStockValue`	$646.00K	USD	Point-in-time
Exchangeable shares, no par value, 1,806,649 shares issued, less 1,426,792 and 1,426,792 redeemed shares, respectively	`CommonStockOtherValueOutstanding`	$16.72M	USD	Point-in-time
Exchangeable shares, no par value, 1,806,649 shares issued, less 1,426,792 and 1,426,792 redeemed shares, respectively	`CommonStockOtherValueOutstanding`	$16.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.15B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-160.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.50M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$194.86M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$189.87M	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$2.35B	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$2.36B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$17.62M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$17.83M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.37B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.89B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.89B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RoyaltyRevenue`	$56.49M	USD	1 Quarter
Revenue	`RoyaltyRevenue`	$69.03M	USD	1 Quarter
Cost of sales	`CostOfGoldProductsAndServices`	$6.67M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.57M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.14M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$1.69M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$1.78M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.21M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.40M	USD	1 Quarter
Impairment of mining assets	`AssetImpairmentCharges`	$1.77M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$39.49M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$30.75M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.74M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$29.54M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$194.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$51.00K	USD	1 Quarter
Interest and other expense	`InterestAndOtherExpense`	$6.71M	USD	1 Quarter
Interest and other expense	`InterestAndOtherExpense`	$5.81M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.12M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.96M	USD	1 Quarter
Net income	`ProfitLoss`	$18.92M	USD	1 Quarter
Net income	`ProfitLoss`	$15.28M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$239.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$86.00K	USD	1 Quarter
Net income attributable to Royal Gold common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.68M	USD	1 Quarter
Net income attributable to Royal Gold common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.20M	USD	1 Quarter
Net income	`ProfitLoss`	$18.92M	USD	1 Quarter
Net income	`ProfitLoss`	$15.28M	USD	1 Quarter
Unrealized change in market value of available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.13M	USD	1 Quarter
Unrealized change in market value of available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.34M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.58M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.41M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$86.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$239.00K	USD	1 Quarter
Comprehensive income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$16.33M	USD	1 Quarter
Comprehensive income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$17.34M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.96M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.86M	shares	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.98M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.11M	shares	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.21	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.92M	USD	1 Quarter
Net income	`ProfitLoss`	$15.28M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.21M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.40M	USD	1 Quarter
Non-cash employee stock compensation expense	`ShareBasedCompensation`	$1.61M	USD	1 Quarter
Non-cash employee stock compensation expense	`ShareBasedCompensation`	$2.45M	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.47M	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.34M	USD	1 Quarter
Impairment of mining assets	`AssetImpairmentCharges`	$1.77M	USD	1 Quarter
Tax expense of stock-based compensation exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$28.00K	USD	1 Quarter
Tax expense of stock-based compensation exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$303.00K	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.86M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-5.37M	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$-2.19M	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$-3.43M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-10.30M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.15M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-725.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.57M	USD	1 Quarter
Foreign withholding taxes payable	`IncreaseDecreaseInForeignWithholdingTaxesPayable`	$-8.26M	USD	1 Quarter
Foreign withholding taxes payable	`IncreaseDecreaseInForeignWithholdingTaxesPayable`	$-1.32M	USD	1 Quarter
Income taxes (receivable) payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-9.01M	USD	1 Quarter
Income taxes (receivable) payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.37M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.65M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.18M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$35.49M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$52.46M	USD	1 Quarter
Acquisition of royalty and stream interests	`PaymentsToAcquireRoyaltyInterestsInMiningProperties`	$48.03M	USD	1 Quarter
Acquisition of royalty and stream interests	`PaymentsToAcquireRoyaltyInterestsInMiningProperties`	$6.21M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$127.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$24.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-48.05M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.34M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$199.00K	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$13.68M	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$13.01M	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$533.00K	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$465.00K	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-303.00K	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-28.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.25M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-13.57M	USD	1 Quarter
Net decrease in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-26.14M	USD	1 Quarter
Net decrease in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$31.88M	USD	1 Quarter
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$637.90M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$691.41M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$659.54M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$664.03M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$637.90M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$691.41M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$659.54M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$664.03M	USD	Point-in-time

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