Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Reconciliation of contingent earn out liability
Below is a reconciliation of the contingent earn out liability for the three months ended September 30, 2018.
in thousands
 
 
 
 
 
Contingent
 
Liabilities at fair value, based on Level 3 inputs:
 
Consideration
 
Balance at June 30, 2018
 
$
588

 
Revaluation adjustment
 

 
Amount paid to SilverTowne
 

 
Balance at September 30, 2018
 
$
588

 
 
 
 
 
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, 2018 and 2017, is presented below.
in thousands
 
 
 
 
Three Months Ended September 30,
 
2018
 
2017
 
Basic weighted average shares outstanding
 
7,031

 
7,031

 
Effect of common stock equivalents — stock issuable under outstanding equity awards
 
61

 
91

 
Diluted weighted average shares outstanding
 
7,092

 
7,122