Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash $ 17,142,000 $ 20,927,000
Receivables, net 43,302,000 30,025,000
Derivative assets 33,732,000 11,364,000
Secured loans receivable 70,004,000 48,666,000
Inventories:    
Inventories 185,699,000 152,076,000
Restricted inventories 59,358,000 39,425,000
Restricted and Nonrestricted Inventory, Net 245,057,000 191,501,000
Income taxes receivable from Former Parent 203,000 1,095,000
Prepaid expenses and other assets 1,503,000 1,202,000
Total current assets 418,261,000 312,626,000
Property and equipment, net 3,482,000 2,850,000
Goodwill 4,620,000 4,884,000
Intangibles, net 1,987,000 2,369,000
Long-term secured loans receivable 500,000 650,000
Long-term investments 7,873,000 2,500,000
Deferred tax assets - non-current 424,000 783,000
Total assets 437,147,000 326,662,000
Current liabilities:    
Lines of credit 212,000,000 147,000,000
Liability on borrowed metals 4,352,000 9,500,000
Product financing arrangement 59,358,000 39,425,000
Accounts payable 46,769,000 50,639,000
Derivative liabilities 36,454,000 17,897,000
Accrued liabilities 7,660,000 5,330,000
Total current liabilities 366,593,000 269,791,000
Deferred tax liabilities - non-current 7,245,000 909,000
Total liabilities 373,838,000 270,700,000
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2016 and 2015 0 0
Common Stock, par value $0.01; 40,000,000 shares authorized; 7,021,450 and 6,973,549 shares issued and outstanding as of June 30, 2016 and 2015, respectively 71,000 70,000
Additional paid-in capital 22,220,000 22,470,000
Retained earnings 41,018,000 33,422,000
Total stockholders’ equity 63,309,000 55,962,000
Total liabilities and stockholders’ equity $ 437,147,000 $ 326,662,000