A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Description of Business (Tables)

Description of Business (Tables)

9 Months Ended

Mar. 31, 2021

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Summary of Preliminarily Allocated Purchase Price

The Company has preliminarily allocated the purchase price as of the Acquisition Date as follows:

in thousands
Total Purchase Consideration				$	175,800

Assets acquired
Current assets	$	103,600
Operating lease right of use assets		2,700
Property and equipment, net		2,300
Intangibles:
Trade names		43,000
Developed Technology		10,500
Customer Relationships		44,500
Liabilities assumed
Current Liabilities ⁽¹⁾		(99,000	)
Deferred tax liabilities⁽²⁾		(21,900	)
Other liabilities ⁽¹⁾		(2,700	)
					83,000

Goodwill				$	92,800

(1) In aggregate includes $3.0 million of operating lease liabilities.
(2) Includes $21.4 million relating to the excess fair value of intangibles other than goodwill over their historical cost basis.

Schedule of Pro Forma Consolidated Results of Operations

The following pro forma consolidated results of operations for the three and nine months ended March 31, 2021 and 2020, assumes that the acquisition of JMB occurred as of July 1, 2019.

in thousands, except for per share and share data	Three Months Ended				Nine Months Ended
	March 31, 2021		March 31, 2020		March 31, 2021		March 31, 2020
Revenue	$	2,339,148	$	1,281,639	$	5,974,317	$	3,932,344
Net income	$	80,673	$	14,130	$	131,717	$	22,842