Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Current assets:    
Cash $ 8,357 $ 13,059
Receivables, net 42,133 39,295
Derivative assets 20,326 17,587
Secured loans receivable 88,871 91,238
Inventories:    
Inventories 186,720 149,316
Restricted inventories 124,864 135,343
Restricted and Nonrestricted Inventory, Net 311,584 284,659
Income taxes receivable 5,881 0
Prepaid expenses and other assets 2,627 1,183
Total current assets 479,779 447,021
Plant, property and equipment, net 8,320 6,607
Goodwill 10,331 8,881
Intangibles, net 8,910 4,065
Long-term investments 8,024 7,967
Deferred tax assets - non-current 1,176 3,959
Total assets 516,540 478,500
Current liabilities:    
Lines of credit 219,000 180,000
Liability on borrowed metals 15,010 5,625
Product financing arrangements 124,864 135,343
Accounts payable 45,660 41,947
Derivative liabilities 23,989 34,582
Note payable - related party 0 500
Accrued liabilities 4,831 4,945
Income taxes payable 0 1,418
Total current liabilities 433,354 404,360
Deferred tax liabilities - non-current 1,904 0
Debt obligation 6,818 0
Other long-term liabilities (related party) 1,123 1,117
Total liabilities 443,199 405,477
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of September 30, 2017 and June 30, 2017 0 0
Common Stock, par value $0.01; 40,000,000 shares authorized; 7,031,450 shares issued and outstanding as of September 30, 2017 and June 30, 2017 71 71
Additional paid-in capital 23,962 23,526
Retained earnings 45,910 45,994
Total A-Mark Precious Metals, Inc. stockholders’ equity 69,943 69,591
Non-controlling interest 3,398 3,432
Total stockholders’ equity 73,341 73,023
Total liabilities, non-controlling interest and stockholders’ equity $ 516,540 $ 478,500