Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Jun. 30, 2017
Current assets:    
Cash $ 4,941 $ 13,059
Receivables, net 41,260 39,295
Derivative assets 7,635 17,587
Secured loans receivable 109,493 91,238
Inventories:    
Inventories 402,047 149,316
Restricted inventories 97,370 135,343
Restricted and Nonrestricted Inventory, Net 499,417 284,659
Income taxes receivable 1,521 0
Prepaid expenses and other assets 3,509 1,183
Total current assets 667,776 447,021
Plant, property and equipment, net 7,863 6,607
Goodwill 10,331 8,881
Intangibles, net 8,405 4,065
Long-term investments 8,245 7,967
Deferred tax assets - non-current 4,198 3,959
Total assets 706,818 478,500
Current liabilities:    
Lines of credit 210,000 180,000
Liability on borrowed metals 243,295 5,625
Product financing arrangements 97,370 135,343
Accounts payable 51,833 41,947
Derivative liabilities 18,171 34,582
Note payable (related party) 0 500
Accrued liabilities 6,042 4,945
Income taxes payable 0 1,418
Total current liabilities 626,711 404,360
Debt obligation (related party) 6,993 0
Other long-term liabilities (related party) 1,049 1,117
Total liabilities 634,753 405,477
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of March 31, 2018 and June 30, 2017 0 0
Common stock, par value $0.01; 40,000,000 shares authorized; 7,031,450 shares issued and outstanding as of March 31, 2018 and June 30, 2017 71 71
Additional paid-in capital 24,546 23,526
Retained earnings 43,947 45,994
Total A-Mark Precious Metals, Inc. stockholders’ equity 68,564 69,591
Non-controlling interest 3,501 3,432
Total stockholders’ equity 72,065 73,023
Total liabilities, non-controlling interest and stockholders’ equity $ 706,818 $ 478,500