Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Current assets:    
Cash $ 16,753 $ 17,142
Receivables, net 20,746 43,302
Derivative assets 28,775 33,732
Secured loans receivable 82,782 70,004
Inventories:    
Inventories 179,826 185,699
Restricted inventories 117,789 59,358
Restricted and Nonrestricted Inventory, Net 297,615 245,057
Income taxes receivable 8,341 7,318
Income taxes receivable from Former Parent 0 203
Prepaid expenses and other assets 1,656 1,503
Total current assets 456,668 418,261
Plant, property and equipment, net 5,730 3,482
Goodwill 8,881 4,620
Intangibles, net 4,391 1,987
Long-term secured loans receivable 0 500
Long-term investments 7,859 7,873
Deferred tax assets - non-current 0 424
Total assets 483,529 437,147
Current liabilities:    
Lines of credit 203,000 212,000
Liability on borrowed metals 4,196 4,352
Product financing arrangements 117,789 59,358
Accounts payable 61,867 46,769
Derivative liabilities 13,519 36,454
Note payable - related party 500 0
Accrued liabilities 4,279 7,660
Total current liabilities 405,150 366,593
Deferred tax liabilities - non-current 8,689 7,245
Other long-term liabilities 1,117 0
Total liabilities 414,956 373,838
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of September 30, 2016 and June 30, 2016 0 0
Common Stock, par value $0.01; 40,000,000 shares authorized; 7,031,450 and 7,021,450 shares issued and outstanding as of September 30, 2016 and June 30, 2016, respectively 71 71
Additional paid-in capital 22,583 22,220
Retained earnings 42,476 41,018
Total A-Mark Precious Metals, Inc. stockholders’ equity 65,130 63,309
Non-controlling interests 3,443 0
Total stockholders’ equity 68,573 63,309
Total liabilities, non-controlling interests and stockholders’ equity $ 483,529 $ 437,147