A-mark precious metals, inc. (AMRK)
CashFlow / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12
Cash flows from operating activities:
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

2,262

-3,419

7,064

9,271

-

-

-

-

Net Income

-

-

-

-

7,051

8,259

12,514

10,574

Adjustments to reconcile net income to net cash used in operating activities:
Provision (reversal) for doubtful accounts

-30

0

-

-

0

-

-700

1,016

Depreciation and amortization

2,807

2,626

1,521

1,216

895

934

826

727

Impairment of intangible assets

0

2,654

0

-

-

-

-

-

Amortization of loan cost

1,192

1,463

892

204

0

-

-

-

Deferred income taxes

-707

-89

10,780

-6,695

1,363

-6,930

-11,091

17,268

Interest added to principal of secured loans

19

48

-

-

-

-

-

-

Interest added to principal of secured loans

-

-

68

83

212

476

0

0

Change in accrued earn-out

588

529

198

0

-

-

-

-

Debt extinguishment costs

-45

0

-

-

-

-

-

-

Share-based compensation

1,096

1,191

996

419

253

194

169

137

Earnings from equity method investments

1,198

421

94

701

0

-

-

-

Loss on disposal of fixed assets

-

-

-178

0

-41

0

-

-

Changes in assets and liabilities:
Receivables

-8,992

-4,044

-4,007

13,277

-9,354

-

-

-

Receivables

-

-

-

-

-

-14,282

-18,138

35,804

Secured loans receivable

1,304

-385

-8,765

-4,345

737

2,562

0

0

Secured loans made to affiliates

1,535

12,523

-1,370

1,369

-2,562

-

-

-

Derivative assets

-4,967

-11,017

-16,145

22,368

-10,820

-

-

-

Income taxes receivable

-80

1,553

-7,318

-528

7,846

0

-

-

Precious metals held under financing arrangements

-53,774

262,566

0

-

-

-

-

-

Inventories

12,745

-16,946

39,602

53,556

15,947

13,176

18,914

-29,840

Prepaid expenses and other assets

668

1,779

572

505

589

126

-57

258

Accounts payable

16,183

2,221

-4,822

-3,870

5,995

-8,584

-4,509

9,814

Derivative liabilities

-10,486

-14,125

-1,872

18,557

-14,885

-

-

-

Liabilities on borrowed metals

79,202

-265,772

-1,273

5,148

-791

11,408

6,959

-15,693

Accrued liabilities

1,137

-2,381

-2,923

2,594

-740

-531

169

580

Receivable from/payables to Former Parent

-

-

203

892

2,044

-12,659

-13,088

10,342

Income taxes payable

0

-1,418

1,418

0

-2,178

2,178

0

0

Net cash (used in) provided by operating activities

-14,533

7,646

-9,781

-56,156

-4,691

-16,745

-1,206

25,393

Cash flows from investing activities:
Capital expenditures for property, plant, and equipment

490

1,317

2,265

1,466

1,784

1,011

480

568

Purchase of long-term investments

2,300

0

-

-

-

-

-

-

Proceeds from the sale of property and equipment

-

-

-

-

60

0

-

-

Purchase of long-term investments

-

-

-

4,672

2,000

500

0

0

Secured loans receivable, net

12,015

7,000

30,801

24,081

9,668

4,121

-

-

Acquisition of subsidiary, net of cash

0

9,515

3,421

0

-

-

-

-

Secured loans acquired

-

-

-

-

-

-

0

0

Principal collections on secured loans acquired

-

-

-

-

-

-

0

0

Net cash provided by (used in) investing activities

-14,805

-17,832

-36,487

-30,219

-13,392

-5,632

-480

-568

Cash flows from financing activities:
Product financing arrangements, net

-19,435

-21,403

75,985

19,933

14,815

-13,944

22,978

15,576

Dividends

0

1,687

2,110

1,675

698

10,000

15,000

0

Borrowings and repayments under lines of credit, net

-33,000

20,000

-32,000

65,000

11,800

40,200

4,000

-38,500

Proceeds from issuance of debt obligation payable to related party

0

7,500

0

-

-

-

-

-

Repayments on notes payable to related party

7,500

500

0

-

-

-

-

-

Proceeds from issuance of notes payable

95,000

0

-

-

-

-

-

-

Stock award grant

-

-

172

1

-

-

-

-

Debt funding issuance costs

3,798

492

0

-

-

-

-

-

Excess tax benefit of share-based award

-

-

138

0

-

-

-

-

Release of common stock

-

-

-

-

0

-

-

-

Retirement of repurchased Afinsa and Auctentia common stock and interest in A-Mark Precious Metals, Inc.

-

-

-

-

-

2,198

0

0

Non-controlling ownership interest contribution

100

0

-

-

-

-

0

-5

Repurchase and retirement of restricted stock for payroll taxes

-

-

-

669

100

53

0

0

Net cash provided by (used in) financing activities

31,367

3,418

42,185

82,590

25,817

14,005

11,978

-22,929

Net increase (decrease) in cash, cash equivalents, and restricted cash

2,029

-6,768

-4,083

-

-

-

-

-

Net decrease in cash, cash equivalents, and restricted cash

-

-

-

-3,785

7,734

-8,372

10,292

1,896

Supplemental disclosures of cash flow information:
Interest

15,509

12,251

-

-

-

-

-

-

Interest

-

-

9,448

6,143

4,141

3,908

3,505

4,248

Income taxes

177

3,038

11,874

149

12,883

7,667

10,100

13,785

Income taxes refunds

47

0

-

-

-

-

-

-

Non-cash investing and financing activities:
Interest added to principal of secured loans

19

48

68

-

-

-

-

-

Debt funding issuance costs

0

534

0

83

212

476

0

0

Investment transactions with non-controlling interest

639

0

-

-

-

-

-

-

Contribution of assets from minority interest

-

-

3,454

0

-

-

-

-

Payable to minority interest partner for acquired business

-

-

500

0

-

-

-

-

Earn out obligation payable to minority interest partner

-

-

1,523

0

-

-

-

-

Earn out obligation payable to minority interest partner

-

-

-

-

-

12,800

0

0