Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.1
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Jun. 30, 2021
Segment Reporting Information [Line Items]          
Revenues $ 2,109,115,000 $ 2,049,489,000 $ 6,069,450,000 $ 5,434,349,000  
Gross profit $ 72,083,000 $ 68,171,000 $ 194,015,000 $ 123,067,000  
Gross margin percentage by segment 3.418% 3.326% 3.197% 2.265%  
Selling, general, and administrative expenses $ (20,494,000) $ (13,295,000) $ (55,884,000) $ (31,328,000)  
Depreciation and amortization expense (7,548,000) (1,488,000) (24,077,000) (2,494,000)  
Interest income 5,343,000 4,724,000 16,125,000 13,240,000  
Interest expense (5,429,000) (5,335,000) (16,297,000) (14,665,000)  
Earnings from equity method investments 1,608,000 7,410,000 4,317,000 13,898,000  
Remeasurement gain on pre-existing equity interest 26,306,000 26,306,000  
Unrealized losses on foreign exchange (135,000) (53,000) (128,000) (131,000)  
Other income (expense), net 493,000 340,000 1,335,000 904,000  
Total net income before provision for income taxes 45,921,000 86,780,000 119,406,000 128,797,000  
Advertising expense (3,319,000) (958,000) (9,080,000) (2,280,000)  
Precious metals held under financing arrangements [1] 87,450,000   87,450,000   $ 154,742,000
Inventories 764,263,000   764,263,000   458,019,000
Assets 1,346,583,000   1,346,583,000   1,191,581,000
Long term assets 220,687,000   220,687,000   227,354,000
Capital expenditures on property, plant, and equipment 479,000 414,000 2,106,000 1,351,000  
Goodwill 100,943,000   100,943,000   100,943,000
Intangible assets 70,716,000   70,716,000   93,633,000
United States          
Segment Reporting Information [Line Items]          
Revenues 1,256,092,000 1,320,129,000 3,631,974,000 3,407,484,000  
Inventories 706,249,000   706,249,000   431,732,000
Assets 1,285,377,000   1,285,377,000   1,162,195,000
Long term assets 220,685,000   220,685,000   227,352,000
Europe          
Segment Reporting Information [Line Items]          
Revenues 495,293,000 285,843,000 1,542,293,000 1,067,325,000  
Inventories 22,098,000   22,098,000   9,451,000
Assets 25,290,000   25,290,000   12,550,000
Long term assets 2,000   2,000   2,000
North America, excluding United States          
Segment Reporting Information [Line Items]          
Revenues 342,392,000 394,562,000 850,681,000 867,437,000  
Inventories 35,329,000   35,329,000   16,633,000
Assets 35,329,000   35,329,000   16,633,000
Asia Pacific          
Segment Reporting Information [Line Items]          
Revenues 9,592,000 17,514,000 34,586,000 43,649,000  
Africa          
Segment Reporting Information [Line Items]          
Revenues     17,000    
Australia          
Segment Reporting Information [Line Items]          
Revenues 5,746,000 31,441,000 9,899,000 48,454,000  
Inventories 182,000   182,000    
Assets 182,000   182,000    
Asia          
Segment Reporting Information [Line Items]          
Inventories 405,000   405,000   203,000
Assets 405,000   405,000   203,000
Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 1,519,040,000 1,923,263,000 4,425,796,000 5,214,460,000  
Gross profit $ 30,539,000 $ 51,563,000 $ 85,029,000 $ 95,430,000  
Gross margin percentage by segment 2.01% 2.681% 1.921% 1.83%  
Operating income (expense) $ (10,023,000) $ 22,871,000 $ (24,676,000) $ 14,062,000  
Selling, general, and administrative expenses (11,203,000) (9,859,000) (28,748,000) (23,727,000)  
Depreciation and amortization expense (214,000) (213,000) (673,000) (637,000)  
Interest income 2,300,000 2,554,000 7,952,000 7,490,000  
Interest expense (2,379,000) (3,274,000) (7,396,000) (9,137,000)  
Earnings from equity method investments 1,608,000 7,410,000 4,317,000 13,898,000  
Remeasurement gain on pre-existing equity interest   26,306,000   26,306,000  
Unrealized losses on foreign exchange (135,000) (53,000) (128,000) (131,000)  
Total net income before provision for income taxes 20,516,000 74,434,000 60,353,000 109,492,000  
Advertising expense (190,000) (74,000) (433,000) (217,000)  
Precious metals held under financing arrangements 87,450,000   87,450,000   130,766,000
Inventories 623,188,000   623,188,000   402,418,000
Assets 825,129,000   825,129,000   710,302,000
Long term assets 49,946,000   49,946,000   36,174,000
Capital expenditures on property, plant, and equipment 183,000 411,000 812,000 1,335,000  
Goodwill 8,881,000   8,881,000   8,881,000
Intangible assets 2,774,000   2,774,000   2,831,000
Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Revenues 590,075,000 126,226,000 1,643,654,000 219,889,000  
Gross profit $ 41,544,000 $ 16,608,000 $ 108,986,000 $ 27,637,000  
Gross margin percentage by segment 7.04% 13.157% 6.631% 12.569%  
Operating income (expense) $ (16,911,000) $ (3,876,000) $ (51,158,000) $ (7,620,000)  
Selling, general, and administrative expenses (8,913,000) (2,644,000) (25,906,000) (5,982,000)  
Depreciation and amortization expense (7,245,000) (1,187,000) (23,140,000) (1,593,000)  
Interest expense (703,000) (45,000) (2,062,000) (45,000)  
Other income (expense), net (50,000)   (50,000)    
Total net income before provision for income taxes 24,633,000 12,732,000 57,828,000 20,017,000  
Advertising expense (3,077,000) (821,000) (8,493,000) (1,932,000)  
Inventories 141,075,000   141,075,000   53,069,000
Assets 368,768,000   368,768,000   335,829,000
Long term assets 168,031,000   168,031,000   188,208,000
Capital expenditures on property, plant, and equipment 296,000 3,000 1,294,000 12,000  
Goodwill 92,062,000   92,062,000   92,062,000
Intangible assets 67,942,000   67,942,000   90,802,000
Secured Lending          
Segment Reporting Information [Line Items]          
Revenues     0    
Gross profit     0    
Operating income (expense) 772,000 (386,000) 1,225,000 (712,000)  
Selling, general, and administrative expenses (379,000) (792,000) (1,230,000) (1,619,000)  
Depreciation and amortization expense (88,000) (88,000) (264,000) (264,000)  
Interest income 3,043,000 2,170,000 8,173,000 5,750,000  
Interest expense (2,347,000) (2,016,000) (6,839,000) (5,483,000)  
Other income (expense), net 543,000 340,000 1,385,000 904,000  
Total net income before provision for income taxes 772,000 (386,000) 1,225,000 (712,000)  
Advertising expense (52,000) (63,000) (154,000) (131,000)  
Precious metals held under financing arrangements         23,976,000
Inventories         2,532,000
Assets 152,686,000   152,686,000   145,450,000
Long term assets 2,710,000   2,710,000   2,972,000
Capital expenditures on property, plant, and equipment     4,000  
Operating Segments | Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 1,966,897,000 2,017,120,000 5,732,207,000 5,347,951,000  
Gross profit $ 32,002,000 $ 51,529,000 $ 85,474,000 $ 95,327,000  
Gross margin percentage by segment 1.627% 2.555% 1.491% 1.782%  
Operating income (expense) $ (9,963,000) $ 22,916,000 $ (24,485,000) $ 14,176,000  
Assets 968,591,000   968,591,000   874,152,000
Eliminations of Inter-Segment Sales | Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues (447,857,000) (93,857,000) (1,306,411,000) (133,491,000)  
Gross profit (1,463,000) 34,000 (445,000) 103,000  
Operating income (expense) (60,000) (45,000) (191,000) (114,000)  
Assets (143,462,000)   (143,462,000)   $ (163,850,000)
Eliminations of Inter-Segment Sales | Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Revenues $ 400,000 $ 900,000 $ 2,000,000.0 $ 7,800,000  
[1] Includes amounts of the consolidated variable interest entity, which is presented separately in the table below.