2011 Q2 Form 10-K Financial Statement

#000104746912008035 Filed on August 09, 2012

View on sec.gov

Income Statement

Concept 2011 Q2 2011 2010 Q2
Revenue $59.30M $216.5M $40.70M
YoY Change 45.7% 58.51% 82.51%
Cost Of Revenue $2.700M $9.000M -$1.900M
YoY Change -242.11% 210.34% -311.11%
Gross Profit $56.50M $207.4M $42.50M
YoY Change 32.94% 55.12% 99.53%
Gross Profit Margin 95.28% 95.81% 104.42%
Selling, General & Admin $5.300M $21.10M $6.200M
YoY Change -14.52% 8.21% 264.71%
% of Gross Profit 9.38% 10.17% 14.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.60M $67.40M $17.60M
YoY Change -5.68% 25.29% 81.44%
% of Gross Profit 29.38% 32.5% 41.41%
Operating Expenses $21.90M $97.54M $23.80M
YoY Change -7.98% 2.11% 96.69%
Operating Profit $34.60M $118.9M $18.70M
YoY Change 85.03% 189.81% 103.26%
Interest Expense -$1.000M -$2.700M $2.100M
YoY Change -147.62% -203.85% 133.33%
% of Operating Profit -2.89% -2.27% 11.23%
Other Income/Expense, Net
YoY Change
Pretax Income $33.60M $77.54M $18.40M
YoY Change 82.61% 39.41% 47.2%
Income Tax $10.30M $38.97M $3.600M
% Of Pretax Income 30.65% 50.26% 19.57%
Net Earnings $21.70M $77.30M $10.50M
YoY Change 106.67% 162.73% 47.89%
Net Earnings / Revenue 36.59% 35.71% 25.8%
Basic Earnings Per Share $1.29
Diluted Earnings Per Share $391.7K $1.29 $213.8K
COMMON SHARES
Basic Shares Outstanding 55.05M shares
Diluted Shares Outstanding 55.32M shares

Balance Sheet

Concept 2011 Q2 2011 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $114.2M $114.2M $324.8M
YoY Change -64.84% -64.84% 10.25%
Cash & Equivalents $114.2M $114.2M $324.8M
Short-Term Investments
Other Short-Term Assets $6.300M $6.300M $2.600M
YoY Change 142.31% 142.31% 116.67%
Inventory
Prepaid Expenses
Receivables $48.80M $48.80M $40.40M
Other Receivables $0.00 $0.00 $3.500M
Total Short-Term Assets $169.3M $169.3M $371.4M
YoY Change -54.42% -54.42% 16.54%
LONG-TERM ASSETS
Property, Plant & Equipment $1.690B $1.690B $1.477B
YoY Change 14.46% 14.46% 223.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.90M $28.90M $200.0K
YoY Change 14350.0% 14350.0%
Other Assets $14.11M $14.10M $17.00M
YoY Change -16.98% -17.06% -51.84%
Total Long-Term Assets $1.733B $1.733B $1.494B
YoY Change 16.03% 16.03% 204.13%
TOTAL ASSETS
Total Short-Term Assets $169.3M $169.3M $371.4M
Total Long-Term Assets $1.733B $1.733B $1.494B
Total Assets $1.903B $1.903B $1.865B
YoY Change 2.01% 2.01% 130.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.499M $2.500M $2.400M
YoY Change 4.13% 4.17% 0.0%
Accrued Expenses $200.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.60M $15.60M $26.00M
YoY Change -40.0% -40.0%
Total Short-Term Liabilities $28.86M $28.90M $35.80M
YoY Change -19.38% -19.27% 477.42%
LONG-TERM LIABILITIES
Long-Term Debt $210.5M $210.5M $222.5M
YoY Change -5.39% -5.39% 1052.85%
Other Long-Term Liabilities $4.246M $23.10M $17.50M
YoY Change -75.74% 32.0% 2400.0%
Total Long-Term Liabilities $214.7M $233.6M $240.0M
YoY Change -10.52% -2.67% 1100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.86M $28.90M $35.80M
Total Long-Term Liabilities $214.7M $233.6M $240.0M
Total Liabilities $415.0M $442.5M $461.6M
YoY Change -10.09% -4.14% 662.98%
SHAREHOLDERS EQUITY
Retained Earnings $100.0M
YoY Change
Common Stock $543.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.460B $1.460B $1.404B
YoY Change
Total Liabilities & Shareholders Equity $1.903B $1.903B $1.865B
YoY Change 2.01% 2.01% 130.31%

Cashflow Statement

Concept 2011 Q2 2011 2010 Q2
OPERATING ACTIVITIES
Net Income $21.70M $77.30M $10.50M
YoY Change 106.67% 162.73% 47.89%
Depreciation, Depletion And Amortization $16.60M $67.40M $17.60M
YoY Change -5.68% 25.29% 81.44%
Cash From Operating Activities $44.60M $147.0M $21.10M
YoY Change 111.37% 203.72% 145.35%
INVESTING ACTIVITIES
Capital Expenditures -$3.200M -$282.7M -$15.10M
YoY Change -78.81% 21.28% 7450.0%
Acquisitions
YoY Change
Other Investing Activities -$27.30M $2.660M $500.0K
YoY Change -5560.0% 2993.02% -88.1%
Cash From Investing Activities -$30.50M -$306.3M -$14.50M
YoY Change 110.34% -36.25% -462.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.80M -51.40M 264.7M
YoY Change -109.75% -111.12% 14.39%
NET CHANGE
Cash From Operating Activities 44.60M 147.0M 21.10M
Cash From Investing Activities -30.50M -306.3M -14.50M
Cash From Financing Activities -25.80M -51.40M 264.7M
Net Change In Cash -11.70M -210.7M 271.3M
YoY Change -104.31% -795.38% 11.19%
FREE CASH FLOW
Cash From Operating Activities $44.60M $147.0M $21.10M
Capital Expenditures -$3.200M -$282.7M -$15.10M
Free Cash Flow $47.80M $429.7M $36.20M
YoY Change 32.04% 52.65% 311.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012 us-gaap Nature Of Operations
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><b>1. THE COMPANY </b></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Royal Gold,&#160;Inc. ("Royal Gold", the "Company", "we", "us", or "our"), together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties and similar interests. Royalties are non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any, and we use the terms "royalties" in these notes to the consolidated financial statements to refer to royalties, gold or silver stream interests, and other similar interests.</font></p></td></tr></table>
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OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
88000 USD
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8203000 USD
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
23253000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
267433000 USD
CY2012 dei Entity Registrant Name
EntityRegistrantName
ROYAL GOLD INC
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000085535
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2011Q4 dei Entity Public Float
EntityPublicFloat
3501458581 USD
CY2012Q3 rgld Entity Exchangeable Shares Outstanding
EntityExchangeableSharesOutstanding
763826 shares
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
58885405 shares
CY2012Q2 rgld Royalty Revenue Percentage As Per Agreement
RoyaltyRevenuePercentageAsPerAgreement
0.030 pure
CY2012Q2 us-gaap Mineral Properties Gross
MineralPropertiesGross
2158870000 USD
CY2012Q2 us-gaap Mineral Properties Accumulated Impairment
MineralPropertiesAccumulatedImpairment
1328000 USD
CY2012Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
1890988000 USD
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MineralPropertiesGross
1882186000 USD
CY2011Q2 us-gaap Mineral Properties Accumulated Depletion
MineralPropertiesAccumulatedDepletion
191747000 USD
CY2012Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
28777000 USD
CY2012Q2 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
15015000 USD
CY2011Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
28777000 USD
CY2011Q2 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
127000 USD
CY2011Q2 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
28000 USD
CY2011Q2 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
28876000 USD
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
293248000 USD
CY2011Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3069000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
29914000 USD
CY2011Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
37391000 USD
CY2010 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
2775000 USD
CY2012 rgld Income Tax Reconciliation Unrealized Foreign Exchange Gain Loss
IncomeTaxReconciliationUnrealizedForeignExchangeGainLoss
-546000 USD
CY2011 rgld Income Tax Reconciliation Unrealized Foreign Exchange Gain Loss
IncomeTaxReconciliationUnrealizedForeignExchangeGainLoss
2548000 USD
CY2004Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2600000 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1070120 shares
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6507000 USD
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6494000 USD
CY2010 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7279000 USD
CY2012Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4000000 shares
CY2012Q1 rgld Share Price
SharePrice
67.1
CY2012Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
268400000 USD
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20738 shares
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
184357 shares
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4100000 USD
CY2012Q2 rgld Number Of Preferred Stock Purchase Rights For Each Share Of Common Stock Held
NumberOfPreferredStockPurchaseRightsForEachShareOfCommonStockHeld
1 item
CY2012Q2 rgld Minimum Percentage Of Common Stock Accumulated By Acquiring Party For Rights To Become Exercisable Minimum
MinimumPercentageOfCommonStockAccumulatedByAcquiringPartyForRightsToBecomeExercisableMinimum
0.15 pure
CY2012Q2 rgld Fraction Of Newly Issued Share Of Series A Junior Participating Preferred Stock For Each Right
FractionOfNewlyIssuedShareOfSeriesAJuniorParticipatingPreferredStockForEachRight
0.001 item
CY2012Q2 rgld Initial Exercise Price Of Right
InitialExercisePriceOfRight
175
CY2010 rgld Income Tax Reconciliation Unrealized Foreign Exchange Gain Loss
IncomeTaxReconciliationUnrealizedForeignExchangeGainLoss
-280000 USD
CY2012 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
511000 USD
CY2011 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-891000 USD
CY2010 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
915000 USD
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57220040 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
243810 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
270206 shares
CY2010 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
340403 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57463850 shares
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.61
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
55623000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
42830000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
38730000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-12037000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
35556000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
28783000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
20299000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
310000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
105000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
110189000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
77543000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
219000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17273000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
15222000 USD
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1182000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
53139000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
44110000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
21700000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
77000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1242000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1304000 USD
CY2010 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-114000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1494000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3894000 USD
CY2010 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6118000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54710000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
53557000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
40695000 USD
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15255000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
310000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
105000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
189000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1007000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-346000 USD
CY2010 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-231000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-1416000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-1446000 USD
CY2010 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-1642000 USD
CY2010 rgld Income Tax Reconciliation Acquisition Related Costs
IncomeTaxReconciliationAcquisitionRelatedCosts
1364000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
551000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
437000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
1568000 USD
CY2012 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
2042000 USD
CY2011 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
2066000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2601000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-277000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-261000 USD
CY2012Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3984000 USD
CY2011Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3275000 USD
CY2012Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
23815000 USD
CY2011Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
32157000 USD
CY2012Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2615000 USD
CY2011Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5028000 USD
CY2012Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
30414000 USD
CY2011Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
40460000 USD
CY2012Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
500000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
172146000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
179344000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
4414000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
5932000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4117000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3112000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
207803000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
188388000 USD
CY2012Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-177889000 USD
CY2011Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-150997000 USD
CY2012Q2 us-gaap Valuation Allowance Amount
ValuationAllowanceAmount
500000 USD
CY2011Q2 us-gaap Valuation Allowance Amount
ValuationAllowanceAmount
3100000 USD
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2600000 USD
CY2012Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
95000000 USD
CY2011Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
127000000 USD
CY2012 rgld Increase In Operating Loss Carryforwards Attributable To Non Us Subsidiaries Accelerated Tax Deduction
IncreaseInOperatingLossCarryforwardsAttributableToNonUSSubsidiariesAcceleratedTaxDeduction
11000000 USD
CY2012 rgld Increase In Operating Loss Carryforwards Offset By Utilization Of Net Operating Losses In Non Us Subsidiaries
IncreaseInOperatingLossCarryforwardsOffsetByUtilizationOfNetOperatingLossesInNonUSSubsidiaries
32000000 USD
CY2011 rgld Unrecognized Tax Benefits Increases Or Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesOrDecreasesResultingFromPriorPeriodTaxPositions
20000 USD
CY2010 rgld Unrecognized Tax Benefits Increases Or Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesOrDecreasesResultingFromPriorPeriodTaxPositions
749000 USD
CY2012 rgld Unrecognized Tax Benefits Increases Or Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesOrDecreasesResultingFromCurrentPeriodTaxPositions
2051000 USD
CY2011 rgld Unrecognized Tax Benefits Increases Or Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesOrDecreasesResultingFromCurrentPeriodTaxPositions
6337000 USD
CY2010 rgld Unrecognized Tax Benefits Increases Or Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesOrDecreasesResultingFromCurrentPeriodTaxPositions
11116000 USD
CY2012Q2 rgld Unrecognized Tax Benefits On Additional Pretax Income From Non Us Subsidiaries
UnrecognizedTaxBenefitsOnAdditionalPretaxIncomeFromNonUSSubsidiaries
900000 USD
CY2011 rgld Income Tax Examination Expiration Period Of Statute Of Limitations
IncomeTaxExaminationExpirationPeriodOfStatuteOfLimitations
12
CY2012Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
1500000 USD
CY2012Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
1000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2800000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1500000 USD
CY2012 us-gaap Interest Paid
InterestPaid
4590000 USD
CY2011 us-gaap Interest Paid
InterestPaid
5378000 USD
CY2010 us-gaap Interest Paid
InterestPaid
1815000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
58520000 USD
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
37847000 USD
CY2010 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16630000 USD
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
32357000 USD
CY2010 us-gaap Contribution Of Property
ContributionOfProperty
6125000 USD
CY2012Q2 rgld Major Operator Minimum Percentage Criteria
MajorOperatorMinimumPercentageCriteria
0.10 pure
CY2009Q4 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
29000000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><i>Use of Estimates </i></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The preparation of our financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ significantly from those estimates.</font></p></td></tr></table>
CY2012 us-gaap Revenue Recognition Services Royalty Fees
RevenueRecognitionServicesRoyaltyFees
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><i>Royalty Revenue </i></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Royalty revenue is recognized in accordance with the guidance of ASC 605 and based upon amounts contractually due pursuant to the underlying royalty agreement. Specifically, revenue is recognized in accordance with the terms of the underlying royalty agreements subject to (i)&#160;the pervasive evidence of the existence of the arrangements; (ii)&#160;the risks and rewards having been transferred; (iii)&#160;the royalty being fixed or determinable; and (iv)&#160;the collectability of the royalty being reasonably assured. For royalty payments received in-kind, royalty revenue is recorded at the average spot price of gold for the period in which the royalty was earned. </font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Revenue recognized pursuant to the Robinson royalty agreement is based upon 3.0% of revenue received by the operator of the mine, KGHM International&#160;Ltd. ("KGHM"), for the sale of minerals from the Robinson mine, reduced by certain costs incurred by KGHM. KGHM's concentrate sales contracts with third-party smelters, in general, provide for an initial sales price payment based upon provisional assays and quoted metal prices at the date of shipment. Final true-up sales price payments to KGHM are subsequently based upon final assay and market metal prices on a specified future date, typically one to three months after the date the concentrate arrives at the third-party smelter (which generally occurs four to five months after the shipment date from the Robinson mine). We do not have all the key information regarding the terms of the operator's smelter contracts, such as the terms of specific concentrate shipments to a smelter or quantities of metal or expected settlement arrangements at the time of an operator's shipment of concentrate. </font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each monthly payment from KGHM is typically a combination of revenue received by KGHM for provisional payments during the month and any upward or downward adjustments for final assays and commodity prices for earlier shipments. Whether the payment to Royal Gold is based on KGHM's revenue in the form of provisional or final payments, Royal Gold records royalty revenue and the corresponding receivable based on the monthly amounts it receives from KGHM, as determined pursuant to the royalty agreement. The royalty contract does not provide Royal Gold with rights or obligations to settle any final assay and commodity price adjustments with KGHM. Therefore, once a given monthly payment is received by Royal Gold it is not subject to later adjustment based on adjustments for assays or commodity prices. Under the royalty agreement, KGHM may include such final adjustments as a component of future royalty payments.</font></p></td></tr></table>
CY2010 rgld Treasury Stock Retired
TreasuryStockRetired
-3557000 USD

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