Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash $ 13,270 $ 17,142
Receivables, net 81,945 43,302
Derivative assets 39,577 33,732
Secured loans receivable 80,939 70,004
Inventories:    
Inventories 169,457 185,699
Restricted inventories 121,466 59,358
Restricted and Nonrestricted Inventory, Net 290,923 245,057
Income taxes receivable 1,429 7,318
Income taxes receivable from Former Parent 0 203
Prepaid expenses and other assets 1,272 1,503
Total current assets 509,355 418,261
Plant, property and equipment, net 6,063 3,482
Goodwill 8,881 4,620
Intangibles, net 4,280 1,987
Long-term secured loans receivable 0 500
Long-term investments 7,952 7,873
Deferred tax assets - non-current 453 424
Total assets 536,984 437,147
Current liabilities:    
Lines of credit 185,000 212,000
Liability on borrowed metals 3,471 4,352
Product financing arrangements 121,466 59,358
Accounts payable 65,845 46,769
Derivative liabilities 74,358 36,454
Note payable - related party 500 0
Accrued liabilities 4,499 7,660
Income taxes payable 5,745 0
Total current liabilities 460,884 366,593
Deferred tax liabilities - non-current 3,933 7,245
Other long-term liabilities 1,117 0
Total liabilities 465,934 373,838
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of December 31, 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 December 31, 2016 and June 30, 2016, respectively 71 71
Additional paid-in capital 22,812 22,220
Retained earnings 44,734 41,018
Total A-Mark Precious Metals, Inc. stockholders’ equity 67,617 63,309
Non-controlling interest 3,433 0
Total stockholders’ equity 71,050 63,309
Total liabilities, non-controlling interest and stockholders’ equity $ 536,984 $ 437,147