Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current assets:    
Cash $ 6,291 $ 13,059
Receivables, net 35,856 39,295
Derivative assets 7,395 17,587
Secured loans receivable 110,424 91,238
Precious metals held under financing arrangements 262,566 0
Inventories:    
Inventories 166,176 149,316
Restricted inventories 113,940 135,343
Restricted and nonrestricted inventory, net 280,116 284,659
Income taxes receivable 1,553 0
Prepaid expenses and other assets 2,782 1,183
Total current assets 706,983 447,021
Plant, property and equipment, net 8,018 6,607
Goodwill 8,881 8,881
Intangibles, net 6,861 4,065
Long-term investments 8,388 7,967
Deferred tax assets - non-current 3,870 3,959
Total assets 743,001 478,500
Current liabilities:    
Lines of credit 200,000 180,000
Liability on borrowed metals 280,346 5,625
Product financing arrangements 113,940 135,343
Accounts payable 45,997 41,947
Derivative liabilities 20,457 34,582
Note payable (related party) 0 500
Accrued liabilities 5,129 4,945
Income taxes payable 0 1,418
Total current liabilities 665,869 404,360
Debt obligation (related party) 7,226 0
Other long-term liabilities (related party) 798 1,117
Total liabilities 673,893 405,477
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2018 and 2017 0 0
Common stock, par value $0.01; 40,000,000 shares authorized; 7,031,450 shares issued and outstanding as of June 30, 2018 and 2017 71 71
Additional paid-in capital 24,717 23,526
Retained earnings 40,910 45,994
Total A-Mark Precious Metals, Inc. stockholders’ equity 65,698 69,591
Non-controlling interest 3,410 3,432
Total stockholders’ equity 69,108 73,023
Total liabilities, non-controlling interest and stockholders’ equity $ 743,001 $ 478,500