Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash $ 13,059 $ 17,142
Receivables, net 39,295 43,302
Derivative assets 17,587 33,732
Secured loans receivable 91,238 70,004
Inventories:    
Inventories 149,316 185,699
Restricted inventories 135,343 59,358
Restricted and Nonrestricted Inventory, Net 284,659 245,057
Income taxes receivable 0 7,318
Income taxes receivable from Former Parent 0 203
Prepaid expenses and other assets 1,183 1,503
Total current assets 447,021 418,261
Plant, property and equipment, net 6,607 3,482
Goodwill 8,881 4,620
Intangibles, net 4,065 1,987
Long-term secured loans receivable 0 500
Long-term investments 7,967 7,873
Deferred tax assets - non-current 3,959 424
Total assets 478,500 437,147
Current liabilities:    
Lines of credit 180,000 212,000
Liability on borrowed metals 5,625 4,352
Product financing arrangements 135,343 59,358
Accounts payable 41,947 46,769
Derivative liabilities 34,582 36,454
Note payable - related party 500 0
Accrued liabilities 4,945 7,660
Income taxes payable 1,418 0
Total current liabilities 404,360 366,593
Deferred tax liabilities - non-current 0 7,245
Other long-term liabilities 1,117 0
Total liabilities 405,477 373,838
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2017 and 2016 0 0
Common Stock, par value $0.01; 40,000,000 shares authorized; 7,031,450 and 7,021,450 shares issued and outstanding as of June 30, 2017 and June 30, 2016, respectively 71 71
Additional paid-in capital 23,526 22,220
Retained earnings 45,994 41,018
Total A-Mark Precious Metals, Inc. stockholders’ equity 69,591 63,309
Non-controlling interest 3,432 0
Total stockholders’ equity 73,023 63,309
Total liabilities, non-controlling interest and stockholders’ equity $ 478,500 $ 437,147