A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2019

Reconciliation of contingent earn out liability

Below is a reconciliation of the contingent earn out liability for the nine months ended March 31, 2019.



in thousands
	Contingent
Liabilities at fair value, based on Level 3 inputs:	Consideration
Balance at June 30, 2018	$	588
Revaluation adjustment	(504		)
Balance at March 31, 2019	$	84

Schedule of earnings per share

A reconciliation of shares used in calculating basic and diluted earnings per common shares for the three and nine months ended March 31, 2019 and 2018, is presented below.



in thousands
		Three Months Ended			Nine Months Ended
		March 31, 2019	March 31, 2018		March 31, 2019	March 31, 2018
Basic weighted average shares outstanding		7,031	7,031		7,031	7,031
Effect of common stock equivalents — stock issuable under outstanding equity awards		53	—	⁽¹⁾	56	—	⁽¹⁾
Diluted weighted average shares outstanding		7,084	7,031		7,087	7,031
_________________________________
(1)	The Company incurred a net loss for the three and nine months ended March 31, 2018, and hence the basic and diluted EPS were the same. The inclusion of 853 thousands potential common shares (outstanding stock options) in the computation of net loss per share would have been anti-dilutive.