Annual report pursuant to Section 13 and 15(d)

Customer and Supplier Concentrations (Tables)

v3.10.0.1
Customer and Supplier Concentrations (Tables)
12 Months Ended
Jun. 30, 2018
Risks and Uncertainties [Abstract]  
Schedules of concentration of risk, by risk factor
Customers providing 10 percent or more of the Company's revenues for the year ended June 30, 2018 are presented on a comparative basis in the table below:
 
in thousands
 
 
 
 
Years Ended June 30,
 
2018
 
2017
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
 
Total revenue
 
$
7,606,248

 
100.0
%
 
$
6,989,624

 
100.0
%
 
Customer concentrations
 
 
 
 
 
 
 
 
 
HSBC Bank USA (1)
 
$
2,039,134

 
26.8
%
 
$
1,492,926

 
21.4
%
 
Mitsubishi Intl. Corp. (1)
 
1,712,779

 
22.5

 
1,171,532

 
16.8

 
 
 
 
$
3,751,913

 
49.3
%
 
$
2,664,458

 
38.2
%
 
________________________________
 
(1)
Sales with this trading partner is primarily comprised of sales on forward contracts that entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product.
 
Customers providing 10 percent or more of the Company's accounts receivable as of June 30, 2018 are presented on a comparative basis in the table below:
in thousands
 
 
 
 
 
 
 
 
Years Ended June 30,
 
2018
 
2017
 
 
 
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
Total accounts receivable, net
 
$
35,856

 
100.0
%
 
$
39,295

 
100.0
%
Customer concentrations
 
 
 
 
 
 
 
 
Customer A
 
$
14,967

 
41.7
%
 
$
27,072

 
68.9
%
Customer B
 
7,468

 
20.8

 
817

 
2.1

 
 
$
22,435

 
62.5
%
 
$
27,889

 
71.0
%