Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis
Below is a reconciliation of the contingent earn out liability for the three months ended September 30, 2017.
in thousands
 
 
 
 
 
Contingent
 
Liabilities at fair value, based on Level 3 inputs:
 
Consideration
 
Balance at June 30, 2017
 
$
1,325

 
Amount paid to SilverTowne
 
(208
)
 
Balance at September 30, 2017
 
$
1,117

 
Schedule of earnings per share
A reconciliation of shares used in calculating basic and diluted earnings per common shares for the three months ended September 30, 2017 and 2016, is presented below.
in thousands
 
 
 
 
Three Months Ended September 30,
2017
 
2016
 
Basic weighted average shares outstanding
7,031

 
7,023

 
Effect of common stock equivalents — stock issuable under outstanding equity awards
91

 
86

 
Diluted weighted average shares outstanding
7,122

 
7,109