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

Receivables (Tables)

3 Months Ended

Sep. 30, 2014

Receivables and secured loans consist of the following as of September 30, 2014 and June 30, 2014:



in thousands
	September 30, 2014			June 30, 2014

Customer trade receivables	$	41,250		$	1,744
Wholesale trade advances	15,292			4,586
Due from brokers	2,134			33,079
Subtotal	58,676			39,409
Secured loans	38,627			41,261
Subtotal	97,303			80,670
Less: allowance for doubtful accounts	(30		)	(30		)
Subtotal	97,273			80,640
Derivative assets — open sale and purchase commitments, net	2,628			22,170
Derivative assets — futures contracts	27,071			—
Derivative assets — forward contracts	16,510			14
Receivables, net	$	143,482		$	102,824

The Company's secured loans by portfolio class, which align with management reporting, are as follows:



in thousands
	September 30, 2014				June 30, 2014
Bullion	$	14,542	37.6	%	$	17,361	42.1	%
Numismatic and semi numismatic	24,085		62.4		23,900		57.9
Total secured loans	$	38,627	100.0	%	$	41,261	100.0	%

The Company disaggregates its secured loans as follows:

As summary of the activity in the allowance for doubtful accounts is as follows:



in thousands
Period ended:	Beginning Balance		Provision		Charge-off			Ending Balance
Three Months Ended September 30, 2014	$	30	$	—	$	—		$	30
Year Ended June 30, 2014	$	104	$	—	$	(74	)	$	30