Subsequent Events |
6 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2015 | |||||
| Subsequent Events [Abstract] | |||||
| Subsequent Events |
Additional Investment in a Noncontrolled Entity
On January 15, 2016, the Company consummated the purchase of an additional 5.8% of the issued and outstanding common stock of one of its customers, an online retailer of generic gold and silver coins and bullion, pursuant to an amended and restated agreement with the retailer dated as of October 26, 2015. The purchase price for the acquisition was $2.3 million. As result of this transaction, the Company now owns 20% of the retailer's outstanding common stock on a fully diluted basis.
Dividend Declaration
On February 2, 2016, the Board of Directors of the Company declared a quarterly cash dividend of $0.07 per common share to stockholders of record at the close of business on February 15, 2016, which is scheduled to be paid on or about February 29, 2016.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
|