Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.1.900
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash $ 3,375 $ 20,927
Receivables, net 22,557 30,025
Derivative assets 17,123 11,364
Secured loans receivables 57,108 48,666
Inventories 189,275 152,076
Restricted inventories 50,504 39,425
Restricted and Nonrestricted Inventory, Net 239,779 191,501
Income taxes receivable 6,982 7,846
Income taxes receivable from Former Parent 0 1,095
Prepaid expenses and other assets 648 1,202
Total current assets 347,572 312,626
Property and equipment, net 3,009 2,850
Goodwill 4,884 4,884
Intangibles, net 2,178 2,369
Long-term secured loans receivables 600 650
Long-term investments 4,836 2,500
Deferred tax assets - non-current 0 23
Total assets 363,079 325,902
Current liabilities:    
Lines of credit 162,500 147,000
Liability on borrowed metals 4,234 9,500
Product financing arrangement 50,504 39,425
Accounts payable 56,059 50,639
Derivative liabilities 19,930 17,897
Accrued liabilities 5,593 5,330
Income taxes payable to Former Parent 510 0
Deferred tax liability - current 1,369 149
Total current liabilities 300,699 269,940
Deferred tax liabilities - non-current 312 0
Total liabilities $ 301,011 $ 269,940
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of December 31, 2015 and June 30, 2015 $ 0 $ 0
Common Stock, par value $0.01; 40,000,000 authorized; 6,973,549 and 6,973,549 issued and outstanding as of December 31, 2015 and June 30, 2015, respectively 70 70
Additional paid-in capital 22,577 22,470
Retaining earnings 39,421 33,422
Total stockholders’ equity 62,068 55,962
Total liabilities and stockholders’ equity $ 363,079 $ 325,902