v3.22.2.2
Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues $ 1,900,351 $ 2,013,971
Cost of sales 1,823,759 1,957,962
Gross profit 76,592 56,009
Selling, general, and administrative expenses (17,784) (16,677)
Depreciation and amortization expense (3,184) (8,271)
Interest income 5,096 5,531
Interest expense (6,130) (5,473)
Earnings from equity method investments 2,677 1,489
Other income, net 527 409
Unrealized gains (losses) on foreign exchange 214 (224)
Net income before provision for income taxes 58,008 32,793
Income tax expense (12,771) (6,669)
Net income 45,237 26,124
Net income attributable to noncontrolling interest 112 100
Net income attributable to the Company $ 45,125 $ 26,024
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:    
Basic $ 1.93 $ 1.16
Diluted $ 1.83 $ 1.08
Weighted average shares outstanding:    
Basic 23,396,400 22,525,200
Diluted 24,685,200 24,018,600

These figures exclude the impact of the JMB acquisition that closed on March 19, 2021.

Source