2015 Form 10-K Financial Statement

#000021546616000166 Filed on February 10, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014
Revenue $561.4M $140.6M $635.7M
YoY Change -11.69% -16.73% -14.78%
Cost Of Revenue $403.8M $126.5M $477.9M
YoY Change -15.51% 26.21% 3.08%
Gross Profit $157.6M $14.20M $157.8M
YoY Change -0.14% -79.31% 219.09%
Gross Profit Margin 28.07% 10.1% 24.82%
Selling, General & Admin $48.80M $15.10M $66.90M
YoY Change -27.06% -7.36% -0.45%
% of Gross Profit 30.97% 106.34% 42.4%
Research & Development $11.50M $5.800M $21.70M
YoY Change -47.0% 7.41% -3.13%
% of Gross Profit 7.3% 40.85% 13.75%
Depreciation & Amortization $126.0M $38.60M $162.4M
YoY Change -22.46% -39.61% -29.24%
% of Gross Profit 79.93% 271.83% 102.94%
Operating Expenses $836.8M $59.40M $2.202B
YoY Change -61.99% 172.48% 38.37%
Operating Profit -$679.2M -$45.20M -$2.044B
YoY Change -66.77% -196.54% 141.84%
Interest Expense $44.98M $400.0K $47.55M
YoY Change -5.4% -97.86% 15.12%
% of Operating Profit
Other Income/Expense, Net -$41.53M $0.00 -$49.15M
YoY Change -15.5% -234.72%
Pretax Income -$44.10M -$1.520B -$213.9M
YoY Change -79.38% 97.02% -11.82%
Income Tax -$29.08M -$409.6M -$428.3M
% Of Pretax Income
Net Earnings -$367.2M -$1.110B -$1.187B
YoY Change -69.06% 90.88% 82.44%
Net Earnings / Revenue -65.4% -789.47% -186.69%
Basic Earnings Per Share -$2.83 -$11.59
Diluted Earnings Per Share -$2.83 -$10.83M -$11.59
COMMON SHARES
Basic Shares Outstanding 129.6M shares 103.5M shares 102.4M shares
Diluted Shares Outstanding 129.6M shares 102.4M shares

Balance Sheet

Concept 2015 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.7M $245.3M $270.9M
YoY Change -25.91% 18.69% 31.06%
Cash & Equivalents $200.7M $240.1M $270.9M
Short-Term Investments $5.200M
Other Short-Term Assets $78.20M $15.52M $63.70M
YoY Change 22.76% -40.16% -42.82%
Inventory $81.70M $114.9M $114.9M
Prepaid Expenses
Receivables $17.90M $107.9M $20.40M
Other Receivables $68.10M $87.50M $87.50M
Total Short-Term Assets $446.7M $557.4M $557.4M
YoY Change -19.86% 4.93% 4.93%
LONG-TERM ASSETS
Property, Plant & Equipment $785.2M $227.9M $729.1M
YoY Change 7.69% -53.13% -67.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.800M $6.000M $6.000M
YoY Change -53.33% -58.62% -58.62%
Other Assets $73.00M $9.915M $122.4M
YoY Change -40.36% -35.35% 85.74%
Total Long-Term Assets $885.8M $879.1M $879.2M
YoY Change 0.75% -62.67% -62.66%
TOTAL ASSETS
Total Short-Term Assets $446.7M $557.4M $557.4M
Total Long-Term Assets $885.8M $879.1M $879.2M
Total Assets $1.333B $1.437B $1.437B
YoY Change -7.25% -50.22% -50.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.70M $49.05M $49.10M
YoY Change -0.81% -8.9% -8.74%
Accrued Expenses $54.00M $51.50M $51.50M
YoY Change 4.85% 34.46% 34.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $4.500M $4.500M
YoY Change -100.0%
Long-Term Debt Due $10.40M $13.00M $13.00M
YoY Change -20.0% 420.0% 420.0%
Total Short-Term Liabilities $140.1M $165.6M $165.6M
YoY Change -15.4% 14.56% 14.52%
LONG-TERM LIABILITIES
Long-Term Debt $480.0M $451.0M $451.0M
YoY Change 6.43% 47.34% 47.34%
Other Long-Term Liabilities $143.8M $29.91M $124.5M
YoY Change 15.5% 15.86% -16.16%
Total Long-Term Liabilities $623.8M $716.6M $575.5M
YoY Change 8.39% -29.11% 26.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $140.1M $165.6M $165.6M
Total Long-Term Liabilities $623.8M $716.6M $575.5M
Total Liabilities $911.0M $882.2M $882.2M
YoY Change 3.26% -23.64% -23.65%
SHAREHOLDERS EQUITY
Retained Earnings -$2.234B
YoY Change 113.39%
Common Stock $2.791B
YoY Change 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $421.5M $554.3M $554.3M
YoY Change
Total Liabilities & Shareholders Equity $1.333B $1.437B $1.437B
YoY Change -7.25% -50.22% -50.22%

Cashflow Statement

Concept 2015 2014 Q4 2014
OPERATING ACTIVITIES
Net Income -$367.2M -$1.110B -$1.187B
YoY Change -69.06% 90.88% 82.44%
Depreciation, Depletion And Amortization $126.0M $38.60M $162.4M
YoY Change -22.46% -39.61% -29.24%
Cash From Operating Activities $113.5M $1.100M $53.55M
YoY Change 112.04% -89.41% -53.01%
INVESTING ACTIVITIES
Capital Expenditures -$95.20M -$20.10M -$64.20M
YoY Change 48.29% -28.21% -36.31%
Acquisitions $110.8M $21.33M
YoY Change 419.7% -81.75%
Other Investing Activities $4.586M $45.50M $321.0K
YoY Change 1328.66% 62.5% -107.17%
Cash From Investing Activities -$211.3M $25.40M -$81.73M
YoY Change 158.51% -56.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $29.01M -900.0K $92.98M
YoY Change -68.8% -94.04% -39.73%
NET CHANGE
Cash From Operating Activities $113.5M 1.100M $53.55M
Cash From Investing Activities -$211.3M 25.40M -$81.73M
Cash From Financing Activities $29.01M -900.0K $92.98M
Net Change In Cash -$68.74M 25.60M $64.79M
YoY Change -206.1% 146.37% -20.74%
FREE CASH FLOW
Cash From Operating Activities $113.5M $1.100M $53.55M
Capital Expenditures -$95.20M -$20.10M -$64.20M
Free Cash Flow $208.7M $21.20M $117.7M
YoY Change 77.28% -44.78% -45.17%

Facts In Submission

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IncomeTaxExpenseBenefit
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CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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106802000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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151191000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
101027000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
24108000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
63930000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
15980000 USD
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-283038000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-565295000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-137706000 USD
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IncomeTaxReconciliationOtherAdjustments
-13153000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
43177000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4076000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2245000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-20253000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2075000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
5209000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
4425000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
1947000 USD
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IncomeTaxesPaid
26585000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
20198000 USD
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IncomeTaxesPaid
1937000 USD
CY2014Q4 us-gaap Income Taxes Receivable
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21047000 USD
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-25910000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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15507000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9453000 USD
CY2013 us-gaap Increase Decrease In Inventories
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-4031000 USD
CY2014 us-gaap Increase Decrease In Inventories
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-12971000 USD
CY2015 us-gaap Increase Decrease In Inventories
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-19573000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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15165000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-5635000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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3063000 USD
CY2013 us-gaap Increase Decrease In Receivables
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-663000 USD
CY2014 us-gaap Increase Decrease In Receivables
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11611000 USD
CY2015 us-gaap Increase Decrease In Receivables
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0 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2013 us-gaap Interest Costs Capitalized Adjustment
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2694000 USD
CY2014 us-gaap Interest Costs Capitalized Adjustment
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1710000 USD
CY2015 us-gaap Interest Costs Capitalized Adjustment
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3098000 USD
CY2013 us-gaap Interest Costs Incurred
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41303000 USD
CY2014 us-gaap Interest Costs Incurred
InterestCostsIncurred
47546000 USD
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
45703000 USD
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41303000 USD
CY2014 us-gaap Interest Expense
InterestExpense
47546000 USD
CY2015 us-gaap Interest Expense
InterestExpense
45703000 USD
CY2013 us-gaap Interest Expense Debt
InterestExpenseDebt
291000 USD
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
0 USD
CY2015 us-gaap Interest Expense Debt
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20000 USD
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14139000 USD
CY2014 us-gaap Interest Paid
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30691000 USD
CY2015 us-gaap Interest Paid
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23563000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
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16165000 USD
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81711000 USD
CY2014Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
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86093000 USD
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111911000 USD
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50498000 USD
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43638000 USD
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0 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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0 USD
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1752000 USD
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16700000 USD
CY2014 us-gaap Lease And Rental Expense
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11200000 USD
CY2015 us-gaap Lease And Rental Expense
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14300000 USD
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39126000 USD
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15058000 USD
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612000 USD
CY2014 us-gaap Line Of Credit Facility Commitment Fee Amount
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179000 USD
CY2015 us-gaap Line Of Credit Facility Commitment Fee Amount
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0 USD
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317826000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
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0 USD
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297821000 USD
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CY2015 us-gaap Operating Expenses
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2815000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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2098000 USD
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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-53000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
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11221000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
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4042000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
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2346000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
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CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
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0 USD
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CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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5362000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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1446000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0 USD
CY2014Q4 us-gaap Other Inventory Net Of Reserves
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CY2015Q4 us-gaap Other Inventory Net Of Reserves
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CY2014 us-gaap Other Nonrecurring Gain
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CY2015 us-gaap Other Nonrecurring Gain
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1913000 USD
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CY2015Q4 us-gaap Other Restricted Assets Noncurrent
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CY2014 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
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CY2015 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
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CY2014 us-gaap Payments For Proceeds From Investments
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CY2015 us-gaap Payments For Proceeds From Investments
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CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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CY2015 us-gaap Payments For Proceeds From Other Investing Activities
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3979000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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27552000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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CY2014Q2 us-gaap Payments For Royalties
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1800000 USD
CY2013 us-gaap Payments For Royalties
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57034000 USD
CY2014 us-gaap Payments For Royalties
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48395000 USD
CY2015 us-gaap Payments For Royalties
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39235000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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116898000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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21329000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
110846000 USD
CY2013 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2014 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2013 us-gaap Payments To Acquire Investments
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8052000 USD
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
50513000 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1880000 USD
CY2013 us-gaap Payments To Acquire Productive Assets
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100813000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
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64244000 USD
CY2015 us-gaap Payments To Acquire Productive Assets
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95193000 USD
CY2014Q2 us-gaap Payments To Acquire Royalty Interests In Mining Properties
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2200000 USD
CY2013 us-gaap Proceeds From Convertible Debt
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300000000 USD
CY2014 us-gaap Proceeds From Convertible Debt
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167784000 USD
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153500000 USD
CY2013 us-gaap Proceeds From Issuance Of Unsecured Debt
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300000000 USD
CY2014 us-gaap Proceeds From Issuance Of Unsecured Debt
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167784000 USD
CY2015 us-gaap Proceeds From Issuance Of Unsecured Debt
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153500000 USD
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
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CY2014 us-gaap Proceeds From Payments For Other Financing Activities
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-509000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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CY2013 us-gaap Profit Loss
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CY2014 us-gaap Profit Loss
ProfitLoss
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CY2015 us-gaap Profit Loss
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677613000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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227911000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
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195999000 USD
CY2013 us-gaap Repayments Of Long Term Debt And Capital Securities
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60628000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
25902000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
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84715000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
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7000000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
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6300000 USD
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7037000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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11633000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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-2233593000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2013 us-gaap Revenue Mineral Sales
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745994000 USD
CY2014 us-gaap Revenue Mineral Sales
RevenueMineralSales
635742000 USD
CY2015 us-gaap Revenue Mineral Sales
RevenueMineralSales
646086000 USD
CY2013 us-gaap Share Based Compensation
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4812000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
9288000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
9272000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
131855 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
232396 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
238365 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
190452 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
415172 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
310028 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.41
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.45
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.57
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
370000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
415570 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
598346 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
670009 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.20
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.36
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.26
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.58
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
251995 shares
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
670009 shares
CY2015Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
19.86
CY2015Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
12.58
CY2013 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleOtherInformation
14.3
CY2014 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleOtherInformation
16.1
CY2015 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleOtherInformation
$17.9 million
CY2015 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
32667327 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13027 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
2198280000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1730567000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
554328000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
421476000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
15471000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16084000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17924000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1856000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1030000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
524000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
810000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1767000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2014Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
63805000 USD
CY2015Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
50669000 USD
CY2014Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
21686000 USD
CY2015Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
24768000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97864000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102441000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129639000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97864000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102441000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129639000 shares
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THE COMPANY</font></div><div style="line-height:120%;padding-top:9px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Coeur Mining, Inc. (&#8220;Coeur&#8221; or &#8220;the Company&#8221;) is a gold and silver producer with mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. The Company operates the Palmarejo complex, Kensington, Rochester, Wharf, and San Bartolom&#233; mines, and owns Coeur Capital, which is primarily comprised of the Endeavor silver stream, other precious metal royalties, and strategic investments. The cash flow and profitability of the Company's operations are significantly impacted by the market price of gold and silver.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Consolidated Financial Statements have been prepared in accordance with United States Generally Accepted Accounting Principles. The preparation of the Company's Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions relate to metal prices and mineral reserves that are the basis for future cash flow estimates utilized in impairment calculations and units-of-production amortization calculations, environmental, reclamation and closure obligations, estimates of recoverable silver and gold in leach pad inventories, estimates of fair value for certain reporting units and asset impairments, valuation allowances for deferred tax assets, and the fair value and accounting treatment of financial instruments, equity securities, and derivative instruments. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results will differ from the amounts estimated in these financial statements.</font></div></div>

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