Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Details)

v3.19.3
Segments and Geographic Information (Details)
$ in Thousands
 3 Months Ended
Sep. 30, 2019
USD ($)
reportable_segments
Sep. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Segment Reporting Information [Line Items]      
Number of reportable segments | reportable_segments 3    
Revenues $ 1,481,014 $ 1,565,090  
Gross profit $ 8,340 $ 8,475  
Gross margin percentage by segment 0.563% 0.542%  
Selling, general and administrative expenses $ (8,270) $ (7,719)  
Interest income 5,768 4,551  
Interest expense (5,142) (3,552)  
Other income, net (166) 248  
Unrealized loss on foreign exchange (122) (70)  
Total net income before provision for income taxes 408 1,933  
Total depreciation and amortization (668) (697)  
Advertising expense (463) (590)  
Total precious metals held under financing arrangements 200,809   $ 208,792
Total inventories 372,198   292,861
Assets 827,197   705,362
Long term assets 43,962   36,512
Total capital expenditures on property and equipment 137 122  
Intangibles, including goodwill 14,480   14,733
Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Revenues 8,600 800  
United States      
Segment Reporting Information [Line Items]      
Revenues 1,105,621 1,375,636  
Total inventories 358,806   280,924
Assets 809,457   689,287
Long term assets 43,909   36,459
Europe      
Segment Reporting Information [Line Items]      
Revenues 62,102 90,152  
Total inventories 6,470   3,944
Assets 10,818   8,082
Long term assets 53   53
North America, excluding United States      
Segment Reporting Information [Line Items]      
Revenues 300,397 96,384  
Total inventories 6,913   7,452
Assets 6,913   7,452
Asia Pacific      
Segment Reporting Information [Line Items]      
Revenues 6,113 2,343  
Africa      
Segment Reporting Information [Line Items]      
Revenues 31 1  
Australia      
Segment Reporting Information [Line Items]      
Revenues 6,750 574  
Asia      
Segment Reporting Information [Line Items]      
Total inventories 9   541
Assets 9   541
Wholesale Trading & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues 1,460,933 1,554,313  
Gross profit $ 6,760 $ 7,412  
Gross margin percentage by segment 0.463% 0.477%  
Selling, general and administrative expenses $ (5,802) $ (5,258)  
Interest income 2,262 2,052  
Interest expense (2,826) (1,880)  
Other income, net 12 248  
Unrealized loss on foreign exchange (122) (70)  
Total net income before provision for income taxes 284 2,504  
Total depreciation and amortization (397) (396)  
Advertising expense (56) (107)  
Total precious metals held under financing arrangements 200,809   208,792
Total inventories 364,206   285,250
Assets 657,621   561,902
Long term assets 38,889   32,816
Total capital expenditures on property and equipment 97 122  
Intangibles, including goodwill 11,978   12,087
Direct Sales      
Segment Reporting Information [Line Items]      
Revenues 20,081 10,777  
Gross profit $ 1,580 $ 1,063  
Gross margin percentage by segment 7.868% 9.864%  
Selling, general and administrative expenses $ (2,120) $ (2,116)  
Interest expense 0 (195)  
Other income, net (220) 0  
Total net income before provision for income taxes (760) (1,248)  
Total depreciation and amortization (255) (301)  
Advertising expense (404) (480)  
Total inventories 7,992   7,611
Assets 15,861   13,317
Long term assets 4,772   3,416
Total capital expenditures on property and equipment 3 0  
Intangibles, including goodwill 2,502   2,646
Secured Lending      
Segment Reporting Information [Line Items]      
Selling, general and administrative expenses (348) (345)  
Interest income 3,506 2,499  
Interest expense (2,316) (1,477)  
Other income, net 42 0  
Total net income before provision for income taxes 884 677  
Total depreciation and amortization (16) 0  
Advertising expense (3) (3)  
Assets 153,715   130,143
Long term assets 301   $ 280
Total capital expenditures on property and equipment $ 37 $ 0