Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
Current assets:    
Cash $ 6,440 $ 17,142
Receivables, net 42,863 43,302
Derivative assets 4,638 33,732
Secured loans receivable 92,676 70,004
Inventories:    
Inventories 189,081 185,699
Restricted inventories 156,450 59,358
Restricted and Nonrestricted Inventory, Net 345,531 245,057
Income taxes receivable 1,247 7,318
Income taxes receivable from Former Parent 0 203
Prepaid expenses and other assets 1,348 1,503
Total current assets 494,743 418,261
Plant, property and equipment, net 6,746 3,482
Goodwill 8,881 4,620
Intangibles, net 4,172 1,987
Long-term secured loans receivable 0 500
Long-term investments 7,946 7,873
Deferred tax assets 517 424
Total assets 523,005 437,147
Current liabilities:    
Lines of credit 213,000 212,000
Liability on borrowed metals 6,437 4,352
Product financing arrangements 156,450 59,358
Accounts payable 44,151 46,769
Derivative liabilities 15,845 36,454
Note payable - related party 500 0
Accrued liabilities 5,602 7,660
Income taxes payable 6,038 0
Total current liabilities 448,023 366,593
Deferred tax liabilities 1,679 7,245
Other long-term liabilities 1,117 0
Total liabilities 450,819 373,838
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of March 31, 2017 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 March 31, 2017 and June 30, 2016, respectively 71 71
Additional paid-in capital 23,205 22,220
Retained earnings 45,338 41,018
Total A-Mark Precious Metals, Inc. stockholders’ equity 68,614 63,309
Non-controlling interest 3,572 0
Total stockholders’ equity 72,186 63,309
Total liabilities, non-controlling interest and stockholders’ equity $ 523,005 $ 437,147