10-Q Filing

ROYAL GOLD INC CIK: 85535 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-075966`
Period End Date	20150930
Filing Date	20151105
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	rgld-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 50 Cash Flow Statement 59

Balance Sheet 71 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`	$659.54M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$691.41M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.31M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$742.85M	USD	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
Royalty receivables	`RoyaltyReceivables`	$24.54M	USD	Point-in-time
Royalty receivables	`RoyaltyReceivables`	$37.68M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$13.55M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$9.91M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.80M	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.03M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$790.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$152.31M	USD	Point-in-time
Royalty and stream interests, net (Note 3)	`MineralPropertiesNet`	$3.01B	USD	Point-in-time
Royalty and stream interests, net (Note 3)	`MineralPropertiesNet`	$2.08B	USD	Point-in-time
Available-for-sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$6.27M	USD	Point-in-time
Available-for-sale securities (Note 4)	`AvailableForSaleSecuritiesNoncurrent`	$5.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$57.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.80M	USD	Point-in-time
Total assets	`Assets`	$2.93B	USD	Point-in-time
Total assets	`Assets`	$3.23B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.91M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.36M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.34M	USD	Point-in-time
Foreign withholding taxes payable	`ForeignWithholdingTaxesPayableCurrent`	$199.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.38M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.97M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$674.78M	USD	Point-in-time
Debt (Note 5)	`LongTermDebtNoncurrent`	$322.11M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$145.26M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$146.60M	USD	Point-in-time
Uncertain tax positions (Note 9)	`LiabilityForUncertainTaxPositionsNoncurrent`	$15.13M	USD	Point-in-time
Uncertain tax positions (Note 9)	`LiabilityForUncertainTaxPositionsNoncurrent`	$15.21M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$689.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$509.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$868.87M	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 65,065,461 and 65,033,547 shares outstanding, respectively	`CommonStockValue`	$650.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000,000 shares authorized; and 65,065,461 and 65,033,547 shares outstanding, respectively	`CommonStockValue`	$651.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.17B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.74M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$185.12M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$125.72M	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$2.35B	USD	Point-in-time
Total Royal Gold stockholders' equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$62.48M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$62.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.42B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.93B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.23B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RoyaltyRevenue`	$74.06M	USD	1 Quarter
Revenue	`RoyaltyRevenue`	$69.03M	USD	1 Quarter
Cost of sales	`CostOfGoldProductsAndServices`	$11.47M	USD	1 Quarter
Cost of sales	`CostOfGoldProductsAndServices`	$6.67M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.51M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$1.59M	USD	1 Quarter
Production taxes	`TaxesExcludingIncomeAndExciseTaxes`	$1.69M	USD	1 Quarter
Exploration costs	`ExplorationExpenseMining`	$3.16M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$27.15M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.21M	USD	1 Quarter
Impairment of royalty and stream interests	`AssetImpairmentCharges`	$1.77M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$39.49M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$52.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$29.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$21.18M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$265.00K	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`	$7.21M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.88M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$59.18M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.96M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-44.94M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$18.92M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$239.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$105.00K	USD	1 Quarter
Net (loss) income attributable to Royal Gold common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.05M	USD	1 Quarter
Net (loss) income attributable to Royal Gold common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.68M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-44.94M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$18.92M	USD	1 Quarter
Unrealized change in market value of available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-449.00K	USD	1 Quarter
Unrealized change in market value of available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.34M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.58M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-45.39M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$105.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$239.00K	USD	1 Quarter
Comprehensive (loss) income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$17.34M	USD	1 Quarter
Comprehensive (loss) income attributable to Royal Gold stockholders	`ComprehensiveIncomeNetOfTax`	$-45.49M	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.69	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.05M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.96M	shares	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.69	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.11M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.05M	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`	$0.22	USD	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-44.94M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$18.92M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$27.15M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$22.21M	USD	1 Quarter
Non-cash employee stock compensation expense	`ShareBasedCompensation`	$2.45M	USD	1 Quarter
Non-cash employee stock compensation expense	`ShareBasedCompensation`	$4.23M	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.47M	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.67M	USD	1 Quarter
Impairment of royalty and stream interests	`AssetImpairmentCharges`	$1.77M	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`DeferredTaxExpenseFromStockOptionsExercisedCreditBalance`	$-303.00K	USD	1 Quarter
Tax benefit of stock-based compensation exercises	`DeferredTaxExpenseFromStockOptionsExercisedCreditBalance`	$-150.00K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.37M	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$11.77M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$390.00K	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$-3.43M	USD	1 Quarter
Royalty receivables	`IncreaseDecreaseInReceivables`	$-13.14M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.15M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.14M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.57M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.27M	USD	1 Quarter
Foreign withholding taxes payable	`IncreaseDecreaseInForeignWithholdingTaxesPayable`	$-1.32M	USD	1 Quarter
Foreign withholding taxes payable	`IncreaseDecreaseInForeignWithholdingTaxesPayable`	$-199.00K	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$17.19M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-5.37M	USD	1 Quarter
Uncertain tax positions	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$483.00K	USD	1 Quarter
Uncertain tax positions	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$77.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.17M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$52.46M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.49M	USD	1 Quarter
Acquisition of royalty and stream interests	`PaymentsForProceedsFromBusinessesAndInterestInAffiliates`	$6.21M	USD	1 Quarter
Acquisition of royalty and stream interests	`PaymentsForProceedsFromBusinessesAndInterestInAffiliates`	$1.30B	USD	1 Quarter
Andacollo royalty sale	`ProceedsFromRoyaltySale`	$345.00M	USD	1 Quarter
Golden Star term loan	`PaymentToFundLoans`	$20.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$127.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$228.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-976.11M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.34M	USD	1 Quarter
Borrowings from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$350.00M	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`	$14.34M	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$422.00K	USD	1 Quarter
Distribution to non-controlling interests	`PaymentsToMinorityShareholders`	$465.00K	USD	1 Quarter
Tax expense of stock-based compensation exercises	`ExcessTaxBenefitExpenseFromShareBasedCompensationFinancingActivities`	$-150.00K	USD	1 Quarter
Tax expense of stock-based compensation exercises	`ExcessTaxBenefitExpenseFromShareBasedCompensationFinancingActivities`	$-303.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$335.08M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.25M	USD	1 Quarter
Net (decrease) increase in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$31.88M	USD	1 Quarter
Net (decrease) increase in cash and equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-638.54M	USD	1 Quarter
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$659.54M	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`	$104.31M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$742.85M	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`	$691.41M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.31M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$742.85M	USD	Point-in-time

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