Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Tables)

v3.22.2.2
Related Party Transactions (Tables)
3 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Schedule of Related Party Receivable and Payables Balances

As of September 30, 2022 and June 30, 2022, the Company had related party receivables and payables balances as set forth below:

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

 

June 30, 2022

 

 

 

 

 

Receivables

 

 

 

Payables

 

 

 

Receivables

 

 

 

Payables

 

 

 

Stack's Bowers Galleries

 

$

 

 

 

$

925

 

(3)

 

$

 

 

 

$

1,802

 

(3)

 

Equity method investees

 

 

4,157

 

(1)

 

 

4,185

 

(2)

 

 

3,060

 

(1)

 

 

173

 

(3)

 

 

 

$

4,157

 

 

 

$

5,110

 

 

 

$

3,060

 

 

 

$

1,975

 

 

 

 

(1)
Balance includes trade receivables and other receivables, net
(2)
Balance includes a note payable, trade payables, and other payables, net
(3)
Balance primarily represents trade payables and other payables, net
Schedule of Sales and Purchases of Related Parties

During the three months ended September 30, 2022 and 2021, the Company made sales and purchases to various companies, which have been deemed to be related parties, as follows:

 

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

September 30, 2022

 

 

September 30, 2021

 

 

 

Sales

 

 

Purchases

 

 

Sales

 

 

Purchases

 

 

Stack's Bowers Galleries

$

33,923

 

 

$

6,849

 

 

$

6,348

 

 

$

15,379

 

 

Equity method investees

 

222,107

 

 

 

9,225

 

 

 

117,666

 

 

 

9,253

 

 

 

$

256,030

 

 

$

16,074

 

 

$

124,014

 

 

$

24,632

 

 

 

Schedule of Interest Income

During the three months ended September 30, 2022 and 2021, the Company earned interest income related to loans made to Stack's Bowers and from financing arrangements (including repurchase agreements) with affiliated companies, as set forth below:

 

in thousands

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

September 30,
2022

 

 

 

September 30,
2021

 

 

Interest income from secured loans receivables

$

 

 

 

$

58

 

 

Interest income from finance products and repurchase arrangements

 

1,805

 

 

 

 

2,111

 

 

 

$

1,805

 

 

 

$

2,169