Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.1
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Jun. 30, 2019
Segment Reporting Information [Line Items]          
Revenues $ 1,258,722,000 $ 1,266,986,000 $ 3,795,326,000 $ 3,932,988,000  
Gross profit $ 22,475,000 $ 8,716,000 $ 38,946,000 $ 25,508,000  
Gross margin percentage by segment 1.786% 0.688% 1.026% 0.649%  
Selling, general, and administrative expenses $ (10,388,000) $ (8,258,000) $ (26,528,000) $ (24,080,000)  
Interest income 5,968,000 4,807,000 17,968,000 14,010,000  
Interest expense (5,051,000) (4,239,000) (15,274,000) (12,447,000)  
Other income (expense), net 463,000 373,000 447,000 1,303,000  
Unrealized income (loss) on foreign exchange (45,000) (36,000) (42,000) (54,000)  
Total net income (loss) before provision for income taxes 13,422,000 1,363,000 15,517,000 4,240,000  
Total depreciation and amortization (883,000) (690,000) (2,217,000) (2,088,000)  
Advertising expense (756,000) (619,000) (1,565,000) (1,857,000)  
Total precious metals held under financing arrangements 187,005,000   187,005,000   $ 208,792,000
Total inventories 413,129,000   413,129,000   292,861,000
Assets 940,957,000   940,957,000   705,362,000
Long term assets 41,278,000   41,278,000   36,512,000
Total capital expenditures on property and equipment 232,000 152,000 686,000 290,000  
Intangibles, including goodwill 14,115,000   14,115,000   14,733,000
United States          
Segment Reporting Information [Line Items]          
Revenues 1,072,071,000 1,148,787,000 2,958,735,000 3,493,306,000  
Total inventories 399,645,000   399,645,000   280,924,000
Assets 926,749,000   926,749,000   689,287,000
Long term assets 41,225,000   41,225,000   36,459,000
Europe          
Segment Reporting Information [Line Items]          
Revenues 59,367,000 47,997,000 214,777,000 186,758,000  
Total inventories 11,273,000   11,273,000   3,944,000
Assets 11,997,000   11,997,000   8,082,000
Long term assets 53,000   53,000   53,000
North America, excluding United States          
Segment Reporting Information [Line Items]          
Revenues 110,676,000 67,637,000 577,908,000 246,306,000  
Total inventories 2,016,000   2,016,000   7,452,000
Assets 2,016,000   2,016,000   7,452,000
Asia Pacific          
Segment Reporting Information [Line Items]          
Revenues 14,291,000 2,295,000 33,226,000 5,252,000  
Africa          
Segment Reporting Information [Line Items]          
Revenues     31,000 1,000  
Australia          
Segment Reporting Information [Line Items]          
Revenues 2,317,000 270,000 10,649,000 1,365,000  
Asia          
Segment Reporting Information [Line Items]          
Total inventories 195,000   195,000   541,000
Assets 195,000   195,000   541,000
Wholesale Trading & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 1,234,165,000 1,251,385,000 3,733,252,000 3,893,886,000  
Gross profit $ 19,749,000 $ 6,934,000 $ 33,106,000 $ 21,150,000  
Gross margin percentage by segment 1.60% 0.554% 0.887% 0.543%  
Selling, general, and administrative expenses $ (7,973,000) $ (5,618,000) $ (19,253,000) $ (16,525,000)  
Interest income 2,376,000 2,052,000 6,868,000 6,458,000  
Interest expense (2,946,000) (2,401,000) (8,215,000) (7,255,000)  
Other income (expense), net 278,000 373,000 392,000 1,436,000  
Unrealized income (loss) on foreign exchange (45,000) (36,000) (42,000) (54,000)  
Total net income (loss) before provision for income taxes 11,439,000 1,304,000 12,856,000 5,210,000  
Total depreciation and amortization (375,000) (386,000) (1,175,000) (1,177,000)  
Advertising expense (294,000) (115,000) (362,000) (383,000)  
Total precious metals held under financing arrangements 187,005,000   187,005,000   208,792,000
Total inventories 382,225,000   382,225,000   268,383,000
Assets 775,967,000   775,967,000   561,902,000
Long term assets 35,886,000   35,886,000   32,816,000
Total capital expenditures on property and equipment 225,000 26,000 600,000 164,000  
Intangibles, including goodwill 11,902,000   11,902,000   12,087,000
Direct Sales          
Segment Reporting Information [Line Items]          
Revenues 24,557,000 15,601,000 62,074,000 39,102,000  
Gross profit $ 2,726,000 $ 1,782,000 $ 5,840,000 $ 4,358,000  
Gross margin percentage by segment 11.101% 11.422% 9.408% 11.145%  
Selling, general, and administrative expenses $ (1,749,000) $ (2,246,000) $ (5,877,000) $ (6,472,000)  
Interest expense       (342,000)  
Other income (expense), net     (219,000) (157,000)  
Total net income (loss) before provision for income taxes 977,000 (464,000) (256,000) (2,613,000)  
Total depreciation and amortization (227,000) (304,000) (726,000) (911,000)  
Advertising expense (456,000) (499,000) (1,192,000) (1,465,000)  
Total inventories 7,825,000   7,825,000   7,611,000
Assets 21,523,000   21,523,000   13,317,000
Long term assets 3,984,000   3,984,000   3,416,000
Total capital expenditures on property and equipment 3,000 35,000 10,000 35,000  
Intangibles, including goodwill 2,213,000   2,213,000   2,646,000
Secured Lending          
Segment Reporting Information [Line Items]          
Revenues     0    
Gross profit     0    
Selling, general, and administrative expenses (666,000) (394,000) (1,398,000) (1,083,000)  
Interest income 3,591,000 2,755,000 11,099,000 7,552,000  
Interest expense (2,105,000) (1,838,000) (7,059,000) (4,850,000)  
Other income (expense), net 186,000   275,000 24,000  
Total net income (loss) before provision for income taxes 1,006,000 523,000 2,917,000 1,643,000  
Total depreciation and amortization (281,000)   (316,000)    
Advertising expense (6,000) (5,000) (11,000) (9,000)  
Total inventories 23,079,000   23,079,000   16,867,000
Assets 143,467,000   143,467,000   130,143,000
Long term assets 1,408,000   1,408,000   $ 280,000
Total capital expenditures on property and equipment $ 4,000 $ 91,000 $ 76,000 $ 91,000