Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations (Tables)

v3.10.0.1
Customer and Supplier Concentrations (Tables)
6 Months Ended
Dec. 31, 2018
Risks and Uncertainties [Abstract]  
Schedules of concentration of risk, by risk factor
Customers providing 10 percent or more of the Company's revenues for the three and six months ended December 31, 2018 and 2017 are presented on a comparative basis in the table below:
in thousands
 
 
 
 
 
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
 
December 31, 2018
 
December 31, 2017
 
December 31, 2018
 
December 31, 2017
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Total revenue
 
$
1,100,912

 
100.0
%
 
$
1,680,738

 
100.0
%
 
$
2,666,002

 
100.0
%
 
$
3,844,528

 
100.0
%
 
Customer concentrations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
HSBC Bank USA (1)
 
$
244,871

 
22.2
%
 
$
407,509

 
24.2
%
 
$
624,993

 
23.4
%
 
$
918,773

 
23.9
%
 
Mitsubishi Intl. Corp. (1)
 
104,026

 
9.5

 
382,761

 
22.8

 
354,932

 
13.4

 
919,874

 
23.9

 
 
 
 
$
348,897

 
31.7
%
 
$
790,270

 
47.0
%
 
$
979,925

 
36.8
%
 
$
1,838,647

 
47.8
%
 
________________________________
 
(1)
Sales with this trading partner is primarily comprised of sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product.
 
Customers providing 10 percent or more of the Company's accounts receivable as of December 31, 2018 and June 30, 2018 are presented on a comparative basis in the table below:
in thousands
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
June 30, 2018
 
 
 
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
Total accounts receivable, net
 
$
23,275

 
100.0
%
 
$
35,856

 
100.0
%
Customer concentrations
 
 
 
 
 
 
 
 
Customer A
 
$
3,558

 
15.2
%
 
$
14,967

 
41.7
%
Customer B
 
5,179

 
22.3

 
7,468

 
20.8

 
 
$
8,737

 
37.5
%
 
$
22,435

 
62.5
%