| Schedule of related party transactions |
As of September 30, 2019 and June 30, 2019, the Company had related party receivables and payables balances as set forth below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
in thousands |
|
|
|
|
|
|
|
|
|
|
|
September 30, 2019 |
|
June 30, 2019 |
|
|
|
Receivables |
|
Payables |
|
Receivables |
|
Payables |
|
Stack's Bowers Galleries |
|
$ |
8,508 |
|
(1) |
$ |
— |
|
|
$ |
17,630 |
|
|
$ |
— |
|
|
Equity method investees |
|
1,904 |
|
(2) |
591 |
|
|
4,978 |
|
|
163 |
|
|
SilverTowne |
|
290 |
|
(3) |
— |
|
|
241 |
|
|
— |
|
|
|
|
$ |
10,702 |
|
|
$ |
591 |
|
|
$ |
22,849 |
|
|
$ |
163 |
|
|
|
|
|
|
|
|
|
|
|
|
_________________________________ |
|
(1) Balance principally includes two secured lines of credit with a balance of $4.8 million and $4.1 million (shown as a component of secured loans receivables) partially offset by a trade payable balance of $0.3 million. See "Secured Lines of Credit with Stack's Bowers Galleries", below. |
|
(2) Balance primarily represents trade receivables, net (shown as a component of receivables). |
|
(3) Balance primarily represents trade receivables, net (shown as a component of receivables). |
|
|
|
|
|
|
|
|
|
|
|
During the three months ended September 30, 2019 and 2018, the Company earned interest income related to loans made to Stack's Bowers Galleries and to financing arrangements (including repurchase agreements) with affiliated companies, as set forth below:
|
|
|
|
|
|
|
|
|
|
|
in thousands |
|
|
|
Three Months Ended September 30, |
|
2019 |
|
2018 |
|
Interest income from secured loans receivables |
|
$ |
298 |
|
|
$ |
214 |
|
|
Interest income from finance products and repurchase arrangements |
|
1,627 |
|
|
1,808 |
|
|
|
|
$ |
1,925 |
|
|
$ |
2,022 |
|
|
|
|
|
|
|
|
During the three months ended September 30, 2019 and 2018, the Company made sales and purchases to various companies, which have been deemed to be related parties, as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
in thousands |
|
|
|
|
|
Three Months Ended September 30, |
|
2019 |
|
2018 |
|
|
|
Sales |
|
Purchases |
|
Sales |
|
Purchases |
|
Stack's Bowers Galleries |
|
$ |
11,001 |
|
|
$ |
16,759 |
|
|
$ |
17,475 |
|
|
$ |
16,772 |
|
|
Equity method investees |
|
101,023 |
|
|
14,839 |
|
|
132,598 |
|
|
3,474 |
|
|
SilverTowne |
|
1,527 |
|
|
581 |
|
|
4,138 |
|
|
461 |
|
|
|
|
$ |
113,551 |
|
|
$ |
32,179 |
|
|
$ |
154,211 |
|
|
$ |
20,707 |
|
|
|
|
|
|
|
|
|
|
|
|
|