| | | | | | | | | | | |
| | September 30, 2024 | | December 31,
2023 |
| (Unaudited) | | |
| ASSETS | | | |
| Current assets: | | | |
| Cash and cash equivalents | $ | 583,158 | | | $ | 738,197 | |
| Short-term investments | 9,392 | | | 9,030 | |
| Trade accounts receivable | 152,627 | | | 98,225 | |
| Income tax receivable | — | | | 7,833 | |
| Inventories, net | 191,295 | | | 183,949 | |
| Prepaid expenses and other receivables | 35,660 | | | 31,932 | |
| Total current assets | 972,132 | | | 1,069,166 | |
| Restricted cash | 7,486 | | | — | |
| Mineral interests, net | 74,267 | | | 80,442 | |
| Property, plant and equipment, net | 1,439,214 | | | 1,179,609 | |
| | | |
| Deferred income taxes | 5,411 | | | 5,854 | |
| Long-term investments | 49,721 | | | — | |
| Other long-term assets | 32,217 | | | 21,987 | |
| Total assets | $ | 2,580,448 | | | $ | 2,357,058 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | |
| Current liabilities: | | | |
| Accounts payable | $ | 45,112 | | | $ | 36,245 | |
| Accrued expenses | 76,315 | | | 81,612 | |
| Short-term financing lease liabilities | 13,512 | | | 11,463 | |
| Other current liabilities | 32,394 | | | 18,350 | |
| | | |
| Total current liabilities | 167,333 | | | 147,670 | |
| Long-term debt | 153,460 | | | 153,023 | |
| Asset retirement obligations | 71,201 | | | 71,666 | |
| | | |
| Long-term financing lease liabilities | 3,405 | | | 8,756 | |
| Deferred income taxes | 70,732 | | | 74,531 | |
| Other long-term liabilities | 27,490 | | | 26,966 | |
| Total liabilities | 493,621 | | | 482,612 | |
| Stockholders’ Equity: | | | |
| Common stock, $0.01 par value, (140,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 54,533,374 issued and 52,311,533 outstanding as of September 30, 2024; 54,240,764 issued and 52,018,923 outstanding as of December 31, 2023) | 545 | | | 542 | |
Preferred stock, $0.01 par value per share (10,000,000 shares authorized; no shares issued and outstanding) | — | | | — | |
| Treasury stock, at cost (2,221,841 shares as of September 30, 2024 and December 31, 2023) | (50,576) | | | (50,576) | |
| Additional paid in capital | 282,718 | | | 279,332 | |
| Retained earnings | 1,854,140 | | | 1,645,148 | |
| Total stockholders’ equity | 2,086,827 | | | 1,874,446 | |
| Total liabilities and stockholders’ equity | $ | 2,580,448 | | | $ | 2,357,058 | |
