Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v3.23.3
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Revenues $ 2,484,618 $ 1,900,351
Cost of sales 2,435,213 1,823,759
Gross profit 49,405 76,592
Selling, general, and administrative expenses (21,845) (17,784)
Depreciation and amortization expense (2,792) (3,184)
Interest income 6,102 5,096
Interest expense (9,823) (6,130)
Earnings from equity method investments 2,709 2,677
Other income, net 273 527
Unrealized (losses) gains on foreign exchange (94) 214
Net income before provision for income taxes 23,935 58,008
Income tax expense (4,952) (12,771)
Net income 18,983 45,237
Net income attributable to noncontrolling interest 156 112
Net income attributable to the Company $ 18,827 $ 45,125
Basic and diluted net income per share attributable to A-Mark Precious Metals, Inc.:    
Basic $ 0.81 $ 1.93
Diluted $ 0.77 $ 1.83
Weighted average shares outstanding:    
Basic 23,364,700 23,396,400
Diluted 24,532,600 24,685,200