Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Jun. 30, 2017
Current assets:    
Cash $ 12,011 $ 13,059
Receivables, net 39,418 39,295
Derivative assets 1,399 17,587
Secured loans receivable 96,971 91,238
Inventories:    
Inventories 215,074 149,316
Restricted inventories 120,161 135,343
Restricted and Nonrestricted Inventory, Net 335,235 284,659
Income taxes receivable 663 0
Prepaid expenses and other assets 2,233 1,183
Total current assets 487,930 447,021
Plant, property and equipment, net 7,890 6,607
Goodwill 10,331 8,881
Intangibles, net 8,656 4,065
Long-term investments 8,146 7,967
Deferred tax assets - non-current 4,170 3,959
Total assets 527,123 478,500
Current liabilities:    
Lines of credit 214,000 180,000
Liability on borrowed metals 19,526 5,625
Product financing arrangements 120,161 135,343
Accounts payable 59,754 41,947
Derivative liabilities 27,420 34,582
Note payable (related party) 0 500
Accrued liabilities 5,263 4,945
Income taxes payable 0 1,418
Total current liabilities 446,124 404,360
Debt obligation (related party) 6,873 0
Other long-term liabilities (related party) 1,103 1,117
Total liabilities 454,100 405,477
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of December 31, 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 December 31, 2017 and June 30, 2017 71 71
Additional paid-in capital 24,264 23,526
Retained earnings 45,143 45,994
Total A-Mark Precious Metals, Inc. stockholders’ equity 69,478 69,591
Non-controlling interest 3,545 3,432
Total stockholders’ equity 73,023 73,023
Total liabilities, non-controlling interest and stockholders’ equity $ 527,123 $ 478,500