Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash [1] $ 72,499 $ 37,783
Receivables, net 109,588 97,040
Derivative assets 41,788 91,743
Secured loans receivable [1] 102,470 126,217
Precious metals held under financing arrangements [1] 57,287 79,766
Inventories:    
Inventories [1] 575,292 458,347
Restricted inventories 347,260 282,671
Restricted and non-restricted inventory, net 922,552 741,018
Income tax receivable 2,525 0
Prepaid expenses and other assets [1] 6,721 7,558
Total current assets 1,315,430 1,181,125
Operating lease right of use assets 5,697 6,482
Property, plant, and equipment, net 11,598 9,845
Goodwill 100,943 100,943
Intangibles, net 67,000 67,965
Long-term investments 76,251 70,828
Other long-term assets 5,459 5,471
Total assets 1,582,378 1,442,659
Current liabilities:    
Lines of credit 247,000 215,000
Liabilities on borrowed metals 31,109 59,417
Product financing arrangements 347,260 282,671
Accounts payable and other payables 9,321 6,127
Deferred revenue and other advances 174,204 175,545
Derivative liabilities 102,934 75,780
Accrued liabilities [1] 14,036 21,813
Income tax payable 0 382
Notes payable [1] 94,528 0
Total current liabilities 1,020,392 836,735
Notes payable [2] 1,752 94,073
Deferred tax liabilities 15,501 15,408
Other liabilities 5,153 5,972
Total liabilities 1,042,798 952,188
Commitments and contingencies
Stockholders' equity:    
Preferred stock $0.001 par value, authorized 10,000,000 shares; issued and outstanding: none as of December 31,2022 and June 30,2022
Common stock, par value $0.01; 40,000,000 shares authorized; 23,529,971 and 23,379,888 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively 236 234
Additional paid-in capital 167,009 166,526
Accumulated other comprehensive loss (1,051)  
Retained earnings 372,297 321,849
Total A-Mark Precious Metals, Inc. stockholders' equity 538,491 488,609
Noncontrolling interest 1,089 1,862
Total stockholders’ equity 539,580 490,471
Total liabilities, noncontrolling interest and stockholders' equity $ 1,582,378 $ 1,442,659
[1] Includes amounts of the consolidated variable interest entity, which are presented separately in the table below.
[2] Notes payable as of June 30, 2022 includes amounts of the consolidated variable interest entity, which is presented separately in the table below.