Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash $ 5,044 $ 20,927
Receivables, net 47,899 30,025
Derivative assets 10,626 11,364
Secured loans, total 49,766 48,666
Inventories 204,476 152,076
Restricted inventories 50,030 39,425
Restricted and Nonrestricted Inventory, Net 254,506 191,501
Income taxes receivable 6,024 7,846
Income taxes receivable from Former Parent 1,095 1,095
Prepaid expenses and other assets 1,074 1,202
Total current assets 376,034 312,626
Property and equipment, net 2,832 2,850
Goodwill 4,884 4,884
Intangibles, net 2,273 2,369
Long-term secured loans receivables 650 650
Long-term investments 2,500 2,500
Deferred tax assets - non-current 23 23
Total assets 389,196 325,902
Current liabilities:    
Lines of credit 176,900 147,000
Liability on borrowed metals 4,009 9,500
Product financing arrangement 50,030 39,425
Accounts payable 78,499 50,639
Derivative liabilities 12,893 17,897
Accrued liabilities 4,242 5,330
Deferred tax liability - current 1,593 149
Total current liabilities 328,166 269,940
Commitments and contingencies 0 0
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of September 30, 2015 and June 30, 2015 0 0
Common Stock, par value $0.01; 40,000,000 authorized; 6,973,549 and 6,973,549 issued and outstanding as of September 30, 2015 and June 30, 2015, respectively 70 70
Additional paid-in capital 22,523 22,470
Retaining earnings 38,437 33,422
Total stockholders’ equity 61,030 55,962
Total liabilities and stockholders’ equity $ 389,196 $ 325,902