v3.21.2
Condensed Consolidated Statements of Income - USD ($)
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]    
Revenues $ 2,013,971,000 $ 1,866,116,000
Cost of sales 1,957,962,000 1,829,971,000
Gross profit 56,009,000 36,145,000
Selling, general, and administrative expenses (16,677,000) (9,505,000)
Depreciation and amortization expense (8,271,000) (501,000)
Interest income 5,531,000 3,983,000
Interest expense (5,473,000) (4,293,000)
Earnings from equity method investments 1,489,000 4,126,000
Other income, net 409,000 359,000
Unrealized losses on foreign exchange (224,000) (97,000)
Net income before provision for income taxes 32,793,000 30,217,000
Income tax expense (6,669,000) (6,511,000)
Net income 26,124,000 23,706,000
Net income attributable to noncontrolling interests 100,000 623,000
Net income attributable to the Company $ 26,024,000 $ 23,083,000
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:    
Basic $ 2.31 $ 3.28
Diluted $ 2.17 $ 3.09
Weighted average shares outstanding:    
Basic 11,262,600 7,034,700
Diluted 12,009,300 7,475,000

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

Source