Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v3.20.4
Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]        
Revenues $ 1,518,744,000 $ 1,055,590,000 $ 3,384,860,000 $ 2,536,604,000
Cost of sales 1,499,993,000 1,047,459,000 3,329,964,000 2,520,133,000
Gross profit 18,751,000 8,131,000 54,896,000 16,471,000
Selling, general, and administrative expenses (9,033,000) (7,870,000) (19,039,000) (16,140,000)
Interest income 4,533,000 6,232,000 8,516,000 12,000,000
Interest expense (5,037,000) (5,081,000) (9,330,000) (10,223,000)
Other income (expense), net 2,567,000 150,000 7,052,000 (16,000)
Unrealized gains (losses) on foreign exchange 19,000 125,000 (78,000) 3,000
Net income before provision for income taxes 11,800,000 1,687,000 42,017,000 2,095,000
Income tax expense (2,586,000) (432,000) (9,097,000) (537,000)
Net income 9,214,000 1,255,000 32,920,000 1,558,000
Net income attributable to non-controlling interests 289,000 21,000 912,000 196,000
Net income attributable to the Company $ 8,925,000 $ 1,234,000 $ 32,008,000 $ 1,362,000
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:        
Basic $ 1.26 $ 0.17 $ 4.53 $ 0.19
Diluted $ 1.16 $ 0.17 $ 4.21 $ 0.19
Weighted average shares outstanding:        
Basic 7,063,000 7,031,400 7,064,800 7,031,400
Diluted 7,713,300 7,056,300 7,610,400 7,074,800