Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.1
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Jun. 30, 2020
Segment Reporting Information [Line Items]          
Revenues $ 2,049,489,000 $ 1,258,722,000 $ 5,434,349,000 $ 3,795,326,000  
Gross profit $ 68,171,000 $ 22,475,000 $ 123,067,000 $ 38,946,000  
Gross margin percentage by segment 3.326% 1.786% 2.265% 1.026%  
Selling, general, and administrative expenses $ (14,783,000) $ (10,388,000) $ (33,822,000) $ (26,528,000)  
Interest income 4,724,000 5,968,000 13,240,000 17,968,000  
Interest expense (5,335,000) (5,051,000) (14,665,000) (15,274,000)  
Other income (expense), net 7,750,000 463,000 14,802,000 447,000  
Remeasurement gain on pre-existing equity interest 26,306,000   26,306,000    
Unrealized losses on foreign exchange (53,000) (45,000) (131,000) (42,000)  
Total net income (loss) before provision for income taxes 86,780,000 13,422,000 128,797,000 15,517,000  
Total depreciation and amortization (1,488,000) (883,000) (2,494,000) (2,217,000)  
Advertising expense (958,000) (756,000) (2,280,000) (1,565,000)  
Total precious metals held under financing arrangements [1] 160,988,000   160,988,000   $ 178,577,000
Total inventories 560,921,000   560,921,000   321,281,000
Assets 1,233,353,000   1,233,353,000   758,035,000
Long term assets 232,448,000   232,448,000   44,016,000
Total capital expenditures on property and equipment 414,000 231,000 1,351,000 686,000  
Goodwill 101,673,000   101,673,000   8,881,000
Intangibles assets 101,516,000   101,516,000   4,974,000
United States          
Segment Reporting Information [Line Items]          
Revenues 1,485,792,000 1,072,071,000 4,102,209,000 2,958,735,000  
Total inventories 530,010,000   530,010,000   287,960,000
Assets 1,200,641,000   1,200,641,000   723,252,000
Long term assets 232,393,000   232,393,000   43,963,000
Europe          
Segment Reporting Information [Line Items]          
Revenues 86,260,000 59,367,000 333,183,000 214,777,000  
Total inventories 10,030,000   10,030,000   19,531,000
Assets 11,831,000   11,831,000   20,993,000
Long term assets 55,000   55,000   53,000
North America, excluding United States          
Segment Reporting Information [Line Items]          
Revenues 430,081,000 110,676,000 911,153,000 577,908,000  
Total inventories 20,800,000   20,800,000   13,735,000
Assets 20,800,000   20,800,000   13,735,000
Asia Pacific          
Segment Reporting Information [Line Items]          
Revenues 15,915,000 14,291,000 39,350,000 33,226,000  
Africa          
Segment Reporting Information [Line Items]          
Revenues       31,000  
Australia          
Segment Reporting Information [Line Items]          
Revenues 31,441,000 2,317,000 48,454,000 10,649,000  
Asia          
Segment Reporting Information [Line Items]          
Total inventories 81,000   81,000   55,000
Assets 81,000   81,000   55,000
Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 1,923,263,000 1,234,165,000 5,214,460,000 3,733,252,000  
Gross profit $ 51,563,000 $ 19,749,000 $ 95,430,000 $ 33,106,000  
Gross margin percentage by segment 2.681% 1.60% 1.83% 0.887%  
Selling, general, and administrative expenses $ (10,072,000) $ (7,973,000) $ (24,364,000) $ (19,253,000)  
Interest income 2,554,000 2,377,000 7,490,000 6,869,000  
Interest expense (3,274,000) (2,946,000) (9,137,000) (8,215,000)  
Other income (expense), net 7,410,000 277,000 13,898,000 392,000  
Unrealized losses on foreign exchange (53,000) (45,000) (131,000) (42,000)  
Total net income (loss) before provision for income taxes 74,434,000 11,439,000 109,492,000 12,857,000  
Total depreciation and amortization (213,000) (375,000) (637,000) (1,175,000)  
Advertising expense (74,000) (294,000) (217,000) (362,000)  
Total precious metals held under financing arrangements 136,289,000   136,289,000   157,609,000
Total inventories 469,998,000   469,998,000   289,069,000
Assets 751,336,000   751,336,000   599,032,000
Long term assets 34,067,000   34,067,000   39,090,000
Total capital expenditures on property and equipment 411,000 224,000 1,335,000 600,000  
Goodwill 8,881,000   8,881,000   8,881,000
Intangibles assets 2,850,000   2,850,000   2,907,000
Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Revenues 126,226,000 24,557,000 219,889,000 62,074,000  
Gross profit $ 16,608,000 $ 2,726,000 $ 27,637,000 $ 5,840,000  
Gross margin percentage by segment 13.157% 11.101% 12.569% 9.408%  
Selling, general, and administrative expenses $ (3,831,000) $ (1,749,000) $ (7,575,000) $ (5,877,000)  
Interest expense (45,000)   (45,000)    
Other income (expense), net       (220,000)  
Total net income (loss) before provision for income taxes 12,732,000 977,000 20,017,000 (257,000)  
Total depreciation and amortization (1,187,000) (227,000) (1,593,000) (726,000)  
Advertising expense (821,000) (456,000) (1,932,000) (1,192,000)  
Total inventories 85,085,000   85,085,000   8,155,000
Assets 340,357,000   340,357,000   18,381,000
Long term assets 197,321,000   197,321,000   3,607,000
Total capital expenditures on property and equipment 3,000 3,000 12,000 10,000  
Goodwill 92,792,000   92,792,000    
Intangibles assets 98,666,000   98,666,000   2,067,000
Secured Lending          
Segment Reporting Information [Line Items]          
Revenues     0    
Gross profit     0    
Selling, general, and administrative expenses (880,000) (666,000) (1,883,000) (1,398,000)  
Interest income 2,170,000 3,591,000 5,750,000 11,099,000  
Interest expense (2,016,000) (2,105,000) (5,483,000) (7,059,000)  
Other income (expense), net 340,000 186,000 904,000 275,000  
Total net income (loss) before provision for income taxes (386,000) 1,006,000 (712,000) 2,917,000  
Total depreciation and amortization (88,000) (281,000) (264,000) (316,000)  
Advertising expense (63,000) (6,000) (131,000) (11,000)  
Total precious metals held under financing arrangements 24,699,000   24,699,000   20,968,000
Total inventories 5,838,000   5,838,000   24,057,000
Assets 141,660,000   141,660,000   140,622,000
Long term assets $ 1,060,000   1,060,000   $ 1,319,000
Total capital expenditures on property and equipment   $ 4,000 $ 4,000 $ 76,000  
[1] Includes amounts of the consolidated variable interest entity, which is presented separately in the table below.