Annual report pursuant to Section 13 and 15(d)

Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details)

v3.23.2
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]      
Revenues $ 9,286,561,000 $ 8,159,254,000 $ 7,613,015,000
Gross profit $ 294,669,000 $ 261,765,000 $ 210,198,000
Gross margin percentage by segment 3.173% 3.208% 2.761%
Selling, general, and administrative expenses $ (85,282,000) $ (76,618,000) $ (48,020,000)
Depreciation and amortization expense (12,525,000) (27,300,000) (10,789,000)
Interest income 22,231,000 21,800,000 18,474,000
Interest expense (31,528,000) (21,992,000) (19,865,000)
Earnings from equity method investments 12,576,000 6,907,000 15,547,000
Other income (expense), net 2,663,000 1,953,000 1,079,000
Remeasurement gain on pre-existing equity interest 0 0 26,306,000
Unrealized gains (losses) on foreign exchange 366,000 (98,000) (129,000)
Total net income (loss) before provision for income taxes 203,170,000 166,417,000 192,801,000
Advertising expense (15,877,000) (12,178,000) (5,028,000)
Precious metals held under financing arrangements [1] 25,530,000 79,766,000  
Inventories 981,643,000 741,018,000  
Assets 1,545,571,000 1,442,659,000  
Capital expenditures on property, plant, and equipment 4,783,000 2,879,000 2,113,000
Goodwill 100,943,000 100,943,000  
Intangible assets 62,630,000 67,965,000  
United States      
Segment Reporting Information [Line Items]      
Revenues 5,634,423,000 5,215,858,000 4,668,324,000
Inventories 938,177,000 691,212,000  
Assets 1,500,555,000 1,390,982,000  
Europe      
Segment Reporting Information [Line Items]      
Revenues 2,780,015,000 1,998,105,000 1,486,323,000
Inventories 18,454,000 19,105,000  
Assets 20,004,000 20,976,000  
North America, excluding United States      
Segment Reporting Information [Line Items]      
Revenues 837,504,000 893,575,000 1,342,597,000
Inventories 20,787,000 30,534,000  
Assets 20,787,000 30,534,000  
Asia Pacific      
Segment Reporting Information [Line Items]      
Revenues 26,891,000 39,863,000 62,754,000
Africa      
Segment Reporting Information [Line Items]      
Revenues   17,000 14,000
Australia      
Segment Reporting Information [Line Items]      
Revenues 7,728,000 11,836,000 53,003,000
Inventories 86,000 145,000  
Assets 86,000 145,000  
Asia      
Segment Reporting Information [Line Items]      
Inventories 4,139,000 22,000  
Assets 4,139,000 22,000  
Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues 7,289,139,000 6,024,742,000 6,738,707,000
Gross profit $ 125,678,000 $ 114,093,000 $ 138,813,000
Gross margin percentage by segment 1.724% 1.894% 2.06%
Operating income (expense) $ (35,186,000) $ (34,258,000) $ 6,504,000
Selling, general, and administrative expenses (40,181,000) (40,844,000) (32,992,000)
Depreciation and amortization expense (970,000) (891,000) (877,000)
Interest income 12,523,000 10,706,000 10,315,000
Interest expense (19,660,000) (10,034,000) (11,666,000)
Earnings from equity method investments 12,575,000 6,903,000 15,547,000
Other income (expense), net 161,000    
Remeasurement gain on pre-existing equity interest     26,306,000
Unrealized gains (losses) on foreign exchange 366,000 (98,000) (129,000)
Total net income (loss) before provision for income taxes 90,492,000 79,835,000 145,317,000
Advertising expense (1,639,000) (627,000) (343,000)
Precious metals held under financing arrangements 10,580,000 66,242,000  
Inventories 815,576,000 648,279,000  
Assets 896,606,000 923,274,000  
Capital expenditures on property, plant, and equipment 3,173,000 1,048,000 1,952,000
Goodwill 8,881,000 8,881,000  
Intangible assets 2,687,000 2,755,000  
Direct-to-Consumer      
Segment Reporting Information [Line Items]      
Revenues 1,997,422,000 2,134,512,000 874,308,000
Gross profit $ 168,991,000 $ 147,672,000 $ 71,385,000
Gross margin percentage by segment 8.46% 6.918% 8.165%
Operating income (expense) $ (58,136,000) $ (63,396,000) $ (23,289,000)
Selling, general, and administrative expenses (42,976,000) (34,152,000) (12,830,000)
Depreciation and amortization expense (11,204,000) (26,057,000) (9,561,000)
Interest expense (4,098,000) (2,958,000) (898,000)
Other income (expense), net 142,000 (229,000)  
Total net income (loss) before provision for income taxes 110,855,000 84,276,000 48,096,000
Advertising expense (14,001,000) (11,353,000) (4,493,000)
Inventories 109,226,000 87,987,000  
Assets 471,796,000 368,696,000  
Capital expenditures on property, plant, and equipment 1,610,000 1,831,000 157,000
Goodwill 92,062,000 92,062,000  
Intangible assets 59,943,000 65,210,000  
Secured Lending      
Segment Reporting Information [Line Items]      
Revenues 0    
Gross profit 0    
Operating income (expense) 1,823,000 2,306,000 (612,000)
Selling, general, and administrative expenses (2,125,000) (1,622,000) (2,198,000)
Depreciation and amortization expense (351,000) (352,000) (351,000)
Interest income 9,708,000 11,094,000 8,159,000
Interest expense (7,770,000) (9,000,000) (7,301,000)
Earnings from equity method investments 1,000 4,000  
Other income (expense), net 2,360,000 2,182,000 1,079,000
Total net income (loss) before provision for income taxes 1,823,000 2,306,000 (612,000)
Advertising expense (237,000) (198,000) (192,000)
Precious metals held under financing arrangements 14,950,000 13,524,000  
Inventories 56,841,000 4,752,000  
Assets 177,169,000 150,689,000  
Capital expenditures on property, plant, and equipment     4,000
Operating Segments | Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues 8,753,549,000 7,647,950,000 7,520,111,000
Gross profit $ 126,816,000 $ 113,316,000 $ 143,540,000
Gross margin percentage by segment 1.449% 1.482% 1.909%
Operating income (expense) $ (34,939,000) $ (34,004,000) $ 6,679,000
Assets 1,110,615,000 1,049,011,000  
Eliminations of Inter-Segment Sales | Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues (1,464,410,000) (1,623,208,000) (781,404,000)
Gross profit (1,138,000) 777,000 (4,727,000)
Operating income (expense) (247,000) (254,000) (175,000)
Assets (214,009,000) (125,737,000)  
Eliminations of Inter-Segment Sales | Direct-to-Consumer      
Segment Reporting Information [Line Items]      
Revenues $ 3,500,000 $ 2,400,000 $ 8,500,000
[1] Includes amounts of the consolidated variable interest entity, which are presented separately in the table below.