Annual report pursuant to Section 13 and 15(d)

Segments and Geographic Information (Details)

v3.19.2
Segments and Geographic Information (Details)
$ in Thousands
 12 Months Ended
Jun. 30, 2019
USD ($)
reportable_segments
Jun. 30, 2018
USD ($)
Segment Reporting Information [Line Items]    
Number of reportable segments | reportable_segments 3  
Revenues $ 4,783,157 $ 7,606,248
Gross profit $ 31,958 $ 29,443
Gross margin percentage by segment 0.668% 0.387%
Selling, general and administrative expenses $ (32,502) $ (33,398)
Goodwill and intangible asset impairment 0 (2,654)
Interest income 19,270 16,105
Interest expense (17,146) (13,891)
Other income, net 1,697 954
Total net income (loss) before provision for income taxes 3,277 (3,411)
Total depreciation and amortization (2,807) (2,626)
Advertising expense (2,461) (3,234)
Total precious metals held under financing arrangements 208,792 262,566
Total inventories 292,861 280,116
Assets 705,362 743,001
Long term assets 36,512 36,018
Total capital expenditures on property and equipment 490 1,317
Intangibles, including goodwill 14,733 15,742
Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Revenues 900 22,500
United States    
Segment Reporting Information [Line Items]    
Revenues 4,234,921 7,081,161
Total inventories 280,924 273,008
Assets 689,287 733,131
Long term assets 36,459 35,965
Europe    
Segment Reporting Information [Line Items]    
Revenues 224,894 303,514
Total inventories 3,944 1,965
Assets 8,082 4,727
Long term assets 53 53
North America, excluding United States    
Segment Reporting Information [Line Items]    
Revenues 314,592 214,895
Total inventories 7,452 4,976
Assets 7,452 4,976
Asia Pacific    
Segment Reporting Information [Line Items]    
Revenues 6,116 3,554
Africa    
Segment Reporting Information [Line Items]    
Revenues 10 1
Australia    
Segment Reporting Information [Line Items]    
Revenues 2,624 3,123
Asia    
Segment Reporting Information [Line Items]    
Total inventories 541 167
Assets 541 167
Wholesale Trading & Ancillary Services    
Segment Reporting Information [Line Items]    
Revenues 4,733,800 7,538,856
Gross profit $ 26,270 $ 24,109
Gross margin percentage by segment 0.555% 0.32%
Selling, general and administrative expenses $ (22,274) $ (21,096)
Interest income 8,601 6,473
Interest expense (9,626) (7,778)
Other income, net 1,749 984
Total net income (loss) before provision for income taxes 4,720 2,692
Total depreciation and amortization (1,576) (1,560)
Advertising expense (515) (553)
Total precious metals held under financing arrangements 208,792 262,566
Total inventories 285,250 272,034
Assets 561,902 616,522
Long term assets 32,816 31,328
Total capital expenditures on property and equipment 258 1,104
Intangibles, including goodwill 12,087 12,516
Direct Sales    
Segment Reporting Information [Line Items]    
Revenues 49,357 67,392
Gross profit $ 5,688 $ 5,334
Gross margin percentage by segment 11.524% 7.915%
Selling, general and administrative expenses $ (8,772) $ (10,613)
Goodwill and intangible asset impairment 0 (2,654)
Interest income 12 0
Interest expense (342) (648)
Other income, net (157) 0
Total net income (loss) before provision for income taxes (3,571) (8,581)
Total depreciation and amortization (1,213) (1,063)
Advertising expense (1,933) (2,653)
Total inventories 7,611 8,082
Assets 13,317 15,175
Long term assets 3,416 4,588
Total capital expenditures on property and equipment 36 111
Intangibles, including goodwill 2,646 3,226
Secured Lending    
Segment Reporting Information [Line Items]    
Selling, general and administrative expenses (1,456) (1,689)
Interest income 10,657 9,632
Interest expense (7,178) (5,465)
Other income, net 105 0
Total net income (loss) before provision for income taxes 2,128 2,478
Total depreciation and amortization (18) (3)
Advertising expense (13) (28)
Assets 130,143 111,304
Long term assets 280 102
Total capital expenditures on property and equipment $ 196 $ 102