Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographic Information (Details)

v3.19.1
Segment and Geographic Information (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2019
USD ($)
Mar. 31, 2018
USD ($)
Mar. 31, 2019
USD ($)
Segment
Mar. 31, 2018
USD ($)
Jun. 30, 2018
USD ($)
Segment Reporting Information [Line Items]          
Number of reportable segments | Segment     3    
Revenues $ 1,266,986 $ 1,994,963 $ 3,932,988 $ 5,839,491  
Gross profit $ 8,716 $ 7,427 $ 25,508 $ 23,649  
Gross margin percentage by segment(1) 0.688% 0.372% 0.649% 0.405%  
Selling, general and administrative expenses $ (8,258) $ (9,423) $ (24,080) $ (25,748)  
Interest income 4,807 4,087 14,010 10,516  
Interest expense (4,239) (3,642) (12,447) (9,734)  
Other income, net 373 99 1,303 811  
Total net income (loss) before provision for income taxes 1,363 (1,484) 4,240 (500)  
Total depreciation and amortization (690) (682) (2,088) (1,994)  
Advertising expense (619) (961) (1,857) (2,537)  
Total precious metals held under financing arrangements 212,622   212,622   $ 262,566
Total inventories 266,419   266,419   280,116
Assets 657,772   657,772   743,001
Long term assets 36,479   36,479   36,018
Total capital expenditures on property and equipment 152 404 290 821  
Intangibles, including goodwill 14,986   14,986   15,742
United States          
Segment Reporting Information [Line Items]          
Revenues 1,148,787 1,851,752 3,493,306 5,483,566  
Total inventories 253,074   253,074   273,008
Assets 643,043   643,043   733,131
Long term assets 36,426   36,426   35,965
Europe          
Segment Reporting Information [Line Items]          
Revenues 47,997 77,580 186,758 204,960  
Total inventories 3,797   3,797   1,965
Assets 5,181   5,181   4,727
Long term assets 53   53   53
North America, excluding United States          
Segment Reporting Information [Line Items]          
Revenues 67,637 64,463 246,306 146,237  
Total inventories 9,225   9,225   4,976
Assets 9,225   9,225   4,976
Asia          
Segment Reporting Information [Line Items]          
Total inventories 323   323   167
Assets 323   323   167
Asia Pacific          
Segment Reporting Information [Line Items]          
Revenues 2,295 684 5,252 2,410  
Africa          
Segment Reporting Information [Line Items]          
Revenues 0 0 1 1  
Australia          
Segment Reporting Information [Line Items]          
Revenues 270 484 1,365 2,317  
Wholesale Trading & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 1,251,385 1,977,273 3,893,886 5,782,135  
Gross profit $ 6,934 $ 6,748 $ 21,150 $ 19,561  
Gross margin percentage by segment(1) 0.554% 0.341% 0.543% 0.338%  
Selling, general and administrative expenses $ (5,618) $ (5,216) $ (16,525) $ (16,002)  
Interest income 2,052 1,564 6,458 3,620  
Interest expense (2,401) (1,983) (7,255) (5,375)  
Other income, net 337 67 1,382 817  
Total net income (loss) before provision for income taxes 1,304 1,180 5,210 2,621  
Total depreciation and amortization (386) (386) (1,177) (1,170)  
Advertising expense (115) (157) (383) (441)  
Total precious metals held under financing arrangements 212,622   212,622   262,566
Total inventories 258,937   258,937   272,034
Assets 528,277   528,277   616,522
Long term assets 32,597   32,597   31,328
Total capital expenditures on property and equipment 26 404 164 673  
Intangibles, including goodwill 12,196   12,196   12,516
Secured Lending          
Segment Reporting Information [Line Items]          
Selling, general and administrative expenses (394) (571) (1,083) (1,302)  
Interest income 2,755 2,523 7,552 6,896  
Interest expense (1,838) (1,433) (4,850) (3,854)  
Other income, net 0 0 24 0  
Total net income (loss) before provision for income taxes 523 519 1,643 1,740  
Advertising expense (5) (7) (9) (26)  
Assets 116,312   116,312   111,304
Long term assets 197   197   102
Total capital expenditures on property and equipment 91 0 91 0  
Direct Sales          
Segment Reporting Information [Line Items]          
Revenues 15,601 17,690 39,102 57,356  
Gross profit $ 1,782 $ 679 $ 4,358 $ 4,088  
Gross margin percentage by segment(1) 11.422% 3.838% 11.145% 7.127%  
Selling, general and administrative expenses $ (2,246) $ (3,636) $ (6,472) $ (8,444)  
Interest expense 0 (226) (342) (505)  
Other income, net 0 0 (157) 0  
Total net income (loss) before provision for income taxes (464) (3,183) (2,613) (4,861)  
Total depreciation and amortization (304) (296) (911) (824)  
Advertising expense (499) (797) (1,465) (2,070)  
Total inventories 7,482   7,482   8,082
Assets 13,183   13,183   15,175
Long term assets 3,685   3,685   4,588
Total capital expenditures on property and equipment 35 0 35 148  
Intangibles, including goodwill 2,790   2,790   $ 3,226
Intersegment Eliminations          
Segment Reporting Information [Line Items]          
Revenues $ 300 $ 4,300 $ 600 $ 21,900