A-Mark Precious Metals, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment consists of the following at June 30, 2014 and June 30, 2013:



in thousands
June 30,	2014			2013
Office furniture, fixtures and equipment	$	490		$	176
Computer equipment	323			196
Computer software	2,333			1,932
Leasehold improvements	260			92
Subtotal	3,406			2,396
Less: accumulated depreciation	(1,728		)	(1,183		)
Property and equipment, net	$	1,678		$	1,213

Depreciation expense for the years ended June 30, 2014, 2013 and 2012 was $0.5 million. $0.4 million and $0.4 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details