2023 Q3 Form 10-K Financial Statement

#000095017023047575 Filed on September 12, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $2.485B $3.155B $9.322B
YoY Change 30.75% 50.98% 14.26%
Cost Of Revenue $2.435B $3.077B $9.028B
YoY Change 33.53% 52.15% 14.31%
Gross Profit $49.41M $78.61M $294.7M
YoY Change -35.5% 16.03% 12.57%
Gross Profit Margin 1.99% 2.49% 3.16%
Selling, General & Admin $21.85M $22.84M $85.28M
YoY Change 22.84% 10.18% 11.31%
% of Gross Profit 44.22% 29.06% 28.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.792M $2.741M $12.53M
YoY Change -12.31% -14.96% -54.12%
% of Gross Profit 5.65% 3.49% 4.25%
Operating Expenses $21.85M $24.92M $95.14M
YoY Change 22.84% 6.79% -6.69%
Operating Profit $27.56M $53.69M $199.5M
YoY Change -53.14% 20.89% 24.86%
Interest Expense $9.823M $2.555M $3.645M
YoY Change 60.24% -1.73% -44.91%
% of Operating Profit 35.64% 4.76% 1.83%
Other Income/Expense, Net $273.0K $2.663M
YoY Change -48.2% 36.35%
Pretax Income $23.94M $56.24M $203.2M
YoY Change -58.74% 19.64% 22.08%
Income Tax $4.952M $14.31M $46.40M
% Of Pretax Income 20.69% 25.43% 22.84%
Net Earnings $18.83M $41.83M $156.4M
YoY Change -58.28% 12.05% 17.98%
Net Earnings / Revenue 0.76% 1.33% 1.68%
Basic Earnings Per Share $0.81 $6.68
Diluted Earnings Per Share $0.77 $1.71 $6.34
COMMON SHARES
Basic Shares Outstanding 23.34M 23.26M 23.40M
Diluted Shares Outstanding 24.53M 24.65M

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.20M $39.32M $39.32M
YoY Change -25.43% 4.06% 4.06%
Cash & Equivalents $48.25M $39.32M
Short-Term Investments
Other Short-Term Assets $112.4M $110.4M $110.4M
YoY Change 23.56% -38.37% -38.37%
Inventory $611.2M $981.6M $981.6M
Prepaid Expenses
Receivables $34.32M $35.24M $35.24M
Other Receivables $100.1M $100.6M $100.6M
Total Short-Term Assets $1.295B $1.267B $1.267B
YoY Change 32.23% 7.29% 7.29%
LONG-TERM ASSETS
Property, Plant & Equipment $13.69M $17.63M $17.63M
YoY Change 30.7% 7.99% 7.99%
Goodwill $100.9M $100.9M
YoY Change 0.0% 0.0%
Intangibles $60.47M $62.63M
YoY Change -7.34% -7.85%
Long-Term Investments $91.00M $88.54M $88.54M
YoY Change 25.0% 25.0% 25.0%
Other Assets $13.17M $8.640M $8.640M
YoY Change 140.72% 57.92% 57.92%
Total Long-Term Assets $284.3M $278.4M $278.4M
YoY Change 8.87% 6.44% 6.44%
TOTAL ASSETS
Total Short-Term Assets $1.295B $1.267B $1.267B
Total Long-Term Assets $284.3M $278.4M $278.4M
Total Assets $1.579B $1.546B $1.546B
YoY Change 27.32% 7.13% 7.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.800M $25.47M $25.47M
YoY Change -69.2% 315.62% 315.62%
Accrued Expenses $14.56M $20.42M $20.42M
YoY Change -17.55% -6.4% -6.4%
Deferred Revenue
YoY Change
Short-Term Debt $411.3M $592.5M $592.5M
YoY Change 43.85% 6.35% 6.35%
Long-Term Debt Due $95.20M $95.31M $95.31M
YoY Change
Total Short-Term Liabilities $705.0M $924.1M $924.1M
YoY Change 14.54% 10.44% 10.44%
LONG-TERM LIABILITIES
Long-Term Debt $270.0M $0.00 $0.00
YoY Change 175.0% -100.0% -100.0%
Other Long-Term Liabilities $4.439M $4.440M $4.440M
YoY Change -19.04% -25.65% -25.65%
Total Long-Term Liabilities $4.439M $4.440M $4.440M
YoY Change -19.04% -95.56% -95.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $705.0M $924.1M $924.1M
Total Long-Term Liabilities $4.439M $4.440M $4.440M
Total Liabilities $996.2M $946.4M $946.4M
YoY Change 35.62% -0.8% -0.8%
SHAREHOLDERS EQUITY
Retained Earnings $426.7M $440.6M
YoY Change 25.93% 36.91%
Common Stock $170.6M $169.3M
YoY Change 2.74% 1.51%
Preferred Stock
YoY Change
Treasury Stock (at cost) $14.80M $9.762M
YoY Change
Treasury Stock Shares $335.7K
Shareholders Equity $581.7M $599.1M $599.1M
YoY Change
Total Liabilities & Shareholders Equity $1.579B $1.546B $1.546B
YoY Change 27.32% 7.13% 7.13%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income $18.83M $41.83M $156.4M
YoY Change -58.28% 12.05% 17.98%
Depreciation, Depletion And Amortization $2.792M $2.741M $12.53M
YoY Change -12.31% -14.96% -54.12%
Cash From Operating Activities -$44.26M -$73.57M -$30.32M
YoY Change -115.83% 446.43% -65.99%
INVESTING ACTIVITIES
Capital Expenditures $1.886M $2.056M $9.783M
YoY Change 103.45% -365.98% -439.81%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.500M -$6.197M $16.62M
YoY Change -96.06% -67.5% -128.82%
Cash From Investing Activities -$428.0K -$8.253M $6.839M
YoY Change -101.15% -58.41% -111.29%
FINANCING ACTIVITIES
Cash Dividend Paid $28.03M $37.47M
YoY Change 19.83% 65.46%
Common Stock Issuance & Retirement, Net -$7.878M
YoY Change -444.32%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 53.62M 43.04M 25.02M
YoY Change -118.5% 1.18% -70.94%
NET CHANGE
Cash From Operating Activities -44.26M -73.57M -30.32M
Cash From Investing Activities -428.0K -8.253M 6.839M
Cash From Financing Activities 53.62M 43.04M 25.02M
Net Change In Cash 8.927M -38.78M 1.535M
YoY Change -66.75% -520.0% -102.41%
FREE CASH FLOW
Cash From Operating Activities -$44.26M -$73.57M -$30.32M
Capital Expenditures $1.886M $2.056M $9.783M
Free Cash Flow -$46.15M -$75.63M -$40.11M
YoY Change -116.56% 495.92% -53.52%

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CY2022 amrk Redemption Associated With Acquisition Of Preexisting Equity Method Investment
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CY2022 amrk Incremental Acquisition Of Pre Existing Equity Method Investment Net Of Cash
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 amrk Non Cash Investing And Financing Declared Distributions And Unpaid Dividends
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CY2021 amrk Non Cash Investing And Financing Declared Distributions And Unpaid Dividends
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CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2023 amrk Noncash Investingand Financing Interest Addedto Principal Finance Receivable
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CY2022 amrk Noncash Investingand Financing Interest Addedto Principal Finance Receivable
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CY2021 amrk Noncash Investingand Financing Interest Addedto Principal Finance Receivable
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CY2023 amrk Non Cash Investing And Financing Fair Value Of Shares Exchanged In Acquisitions
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CY2022 amrk Non Cash Investing And Financing Fair Value Of Shares Exchanged In Acquisitions
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CY2021 amrk Non Cash Investing And Financing Fair Value Of Shares Exchanged In Acquisitions
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023 us-gaap Number Of Reportable Segments
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CY2023 us-gaap Use Of Estimates
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<p style="text-indent:0;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. These estimates include, among others, determination of fair value (primarily, with respect to precious metal inventory, derivatives, certain financial instruments, and certain investments), impairment assessments of property, plant and equipment and intangible assets, valuation allowance determination on deferred tax assets, determining the incremental borrowing rate for calculating right of use assets and lease liabilities, and revenue recognition judgments. Actual results could materially differ from these estimates.</span></p>
CY2023Q2 us-gaap Minority Interest
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MetalsPurchaseByCustomerMaximumPeriod
P1Y
CY2023 amrk Metal Delivers To Customer After Receiving Customers Deposit Based On Prevailing Current Spot Price Percentage
MetalDeliversToCustomerAfterReceivingCustomersDepositBasedOnPrevailingCurrentSpotPricePercentage
1.10
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Concentration of Credit Risk</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Cash is maintained at financial institutions, and, at times, balances may exceed federally insured limits. The Company has not experienced any losses related to these balances.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Assets that potentially subject the Company to concentrations of credit risk consist principally of receivables, loans of inventory to customers, and inventory hedging transactions. Based on an assessment of credit risk, the Company typically grants collateralized credit to its customers. Credit risk with respect to loans of inventory to customers is minimal. The Company enters into inventory hedging transactions, principally utilizing metals commodity futures contracts traded on national futures exchanges or forward contracts with credit worthy financial institutions. All of our commodity derivative contracts are under master netting arrangements and include both asset and liability positions. Substantially all of these transactions are secured by the underlying metals positions.</span></p>
CY2023 amrk Unpriced Metal Is Subject To Margin Call If Deposit Falls Below Percentage Of Value Of Unpriced Metal
UnpricedMetalIsSubjectToMarginCallIfDepositFallsBelowPercentageOfValueOfUnpricedMetal
1.05
CY2023 amrk Financing Arrangements Notice Period To Terminate Contract
FinancingArrangementsNoticePeriodToTerminateContract
P14D
CY2023Q2 amrk Asset Under Financing Agreement With Repurchase Option
AssetUnderFinancingAgreementWithRepurchaseOption
25500000
CY2022Q2 amrk Asset Under Financing Agreement With Repurchase Option
AssetUnderFinancingAgreementWithRepurchaseOption
79800000
CY2023 amrk Percentage To Remit Partial Payment Of Order Price
PercentageToRemitPartialPaymentOfOrderPrice
0.20
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1258000
CY2020Q2 us-gaap Minority Interest
MinorityInterest
3890000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1287000
CY2021 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
3858000
CY2021Q2 us-gaap Minority Interest
MinorityInterest
1319000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
543000
CY2022Q2 us-gaap Minority Interest
MinorityInterest
1862000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
409000
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1001000
CY2023 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<p style="text-indent:0;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Interest Income</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">In accordance with </span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">Interest</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;"> Topic 835 of the ASC ("ASC 835"), the following are interest income generating activities of the Company:</span></p><div style="margin-left:4.537%;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.537%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.752626672113803%;">• </span><div style="display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">Secured Loans — </span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">The Company uses the effective interest method to recognize interest income on its secured loans transactions. The Company maintains a security interest in the precious metals and records interest income over the terms of the secured loan receivable. Recognition of interest income is suspended, and the loan is placed on non-accrual status when management determines that collection of future interest income is not probable. The interest income accrual is resumed, and previously suspended interest income is recognized, when the loan becomes contractually current and/or collection doubts are resolved. Cash receipts on impaired loans are recorded first against the principal and then to any unrecognized interest income. (See </span><a href="#n5_secured_loans_receivable"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;text-decoration:underline;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Note 5</span></a><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">.)</span></div></div><div style="margin-left:4.537%;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.537%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.752626672113803%;">• </span><div style="display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">Margin accounts</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">— </span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">The Company earns a fee (interest income) under financing arrangements related to margin orders over the period during which customers have opted to defer making full payment on the purchase of metals.</span></div></div><div style="margin-left:4.537%;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.537%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.752626672113803%;">• </span><div style="display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">Repurchase agreements</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">— </span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Repurchase agreements represent a form of secured financing whereby the Company sets aside specific metals for a customer and charges a fee on the outstanding value of these metals. The customer is granted the option (but not the obligation) to repurchase these metals at any time during the open reacquisition period. This fee is earned over the duration of the open reacquisition period and is classified as interest income.</span></div></div><div style="margin-left:4.537%;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.537%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.752626672113803%;">• </span><div style="display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">Spot deferred orders</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:'Times New Roman',serif;font-style:italic;min-width:fit-content;">— </span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:'Times New Roman',serif;min-width:fit-content;">Spot deferred orders are a special type of forward delivery order that enable customers to purchase or sell certain precious metals from/to the Company at an agreed upon price but, are allowed to delay remitting or taking delivery up to a maximum of two years from the date of order. Even though the contract allows for physical delivery, it rarely occurs for this type of order. As a result, revenue is not recorded from these transactions. Spot deferred orders are considered a type of financing transaction, where the Company earns a fee (interest income) under spot deferred arrangements over the period in which the order is open.</span></div></div>
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2100000
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2700000
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2200000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23400000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22806000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16687000
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1249000
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1524000
CY2023 us-gaap Advertising Expense
AdvertisingExpense
15900000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
12200000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
5000000.0
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24649000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24330000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17945000
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29000
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
43000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
337000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23336387
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23379888
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22459314
CY2023Q2 amrk Inventory Commemorative Coin Stated At Lower Cost Or Market
InventoryCommemorativeCoinStatedAtLowerCostOrMarket
900000
CY2022Q2 amrk Inventory Commemorative Coin Stated At Lower Cost Or Market
InventoryCommemorativeCoinStatedAtLowerCostOrMarket
1400000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
35243000
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
97040000
CY2023Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
100620000
CY2022Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
126217000
CY2023 amrk Loans Receivable Average Effective Rate Of Interest
LoansReceivableAverageEffectiveRateOfInterest
0.104
CY2022 amrk Loans Receivable Average Effective Rate Of Interest
LoansReceivableAverageEffectiveRateOfInterest
0.094
CY2023 amrk Loans Receivable Payment Terms For Interest
LoansReceivablePaymentTermsForInterest
P180D
CY2023 amrk Loan Receivable Liquidation Period Post Default
LoanReceivableLiquidationPeriodPostDefault
P20D
CY2023Q2 us-gaap Notes Receivable Net
NotesReceivableNet
100620000
CY2023Q2 amrk Percentage Of Loans Receivable
PercentageOfLoansReceivable
1.000
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
126217000
CY2022Q2 amrk Percentage Of Loans Receivable
PercentageOfLoansReceivable
1.000
CY2023 amrk Loan Collateral Values Updated Period Frequency
LoanCollateralValuesUpdatedPeriodFrequency
P90D
CY2023Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
981643000
CY2022Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
741018000
CY2023Q2 amrk Inventory Subjectto Repurchase Agreement
InventorySubjecttoRepurchaseAgreement
181800000
CY2022Q2 amrk Inventory Subjectto Repurchase Agreement
InventorySubjecttoRepurchaseAgreement
130200000
CY2023Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
3800000
CY2022Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
2500000
CY2023Q2 amrk Inventory Commemorative Coin Stated At Lower Cost Or Market
InventoryCommemorativeCoinStatedAtLowerCostOrMarket
900000
CY2022Q2 amrk Inventory Commemorative Coin Stated At Lower Cost Or Market
InventoryCommemorativeCoinStatedAtLowerCostOrMarket
1400000
CY2023Q2 amrk Product Under Financing Arrangement
ProductUnderFinancingArrangement
335800000
CY2022Q2 amrk Product Under Financing Arrangement
ProductUnderFinancingArrangement
282700000
CY2023 amrk Inventory Unrealized Gains Losses Resulting From Market Value And Cost Of Physical Inventory
InventoryUnrealizedGainsLossesResultingFromMarketValueAndCostOfPhysicalInventory
-4600000
CY2022 amrk Inventory Unrealized Gains Losses Resulting From Market Value And Cost Of Physical Inventory
InventoryUnrealizedGainsLossesResultingFromMarketValueAndCostOfPhysicalInventory
-15400000
CY2023Q2 amrk Inventory Purchase Premium On Metals Positionmarkedtomarket
InventoryPurchasePremiumOnMetalsPositionmarkedtomarket
29400000
CY2022Q2 amrk Inventory Purchase Premium On Metals Positionmarkedtomarket
InventoryPurchasePremiumOnMetalsPositionmarkedtomarket
27100000
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1460000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1403000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1509000
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
469000
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
627000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
426000
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
108000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
94000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
91000
CY2022 amrk Finance Lease Cost
FinanceLeaseCost
16000
CY2021 amrk Finance Lease Cost
FinanceLeaseCost
21000
CY2023 us-gaap Lease Cost
LeaseCost
2037000
CY2022 us-gaap Lease Cost
LeaseCost
2140000
CY2021 us-gaap Lease Cost
LeaseCost
2047000
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1600000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1624000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1599000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1171000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
823000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
700000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
626000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6543000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
737000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5806000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1366000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4440000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5806000
CY2023 amrk Number Of Related Party Lease
NumberOfRelatedPartyLease
1
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25418000
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21350000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13553000
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11932000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12513000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9845000
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2200000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1600000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1400000
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
119057000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
55137000
CY2023Q2 amrk Intangible Assets Accumulated Impairment
IntangibleAssetsAccumulatedImpairment
1290000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
62630000
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
114047000
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
44792000
CY2022Q2 amrk Intangible Assets Accumulated Impairment
IntangibleAssetsAccumulatedImpairment
1290000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67965000
CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
102307000
CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1364000
CY2023Q2 us-gaap Goodwill
Goodwill
100943000
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
102307000
CY2022Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1364000
CY2022Q2 us-gaap Goodwill
Goodwill
100943000
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10300000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25700000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9300000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
2700000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
8086000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4945000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
752000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
304000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
47000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
138000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14272000
CY2023Q2 amrk Number Of Investments
NumberOfInvestments
7
CY2023Q2 us-gaap Long Term Investments
LongTermInvestments
88535000
CY2022Q2 us-gaap Long Term Investments
LongTermInvestments
70828000
CY2023Q2 amrk Equity Method Investment Carrying Value Exceed Book Value
EquityMethodInvestmentCarryingValueExceedBookValue
40600000
CY2023Q2 amrk Trade Payable To Customers And Consignor Payables Current
TradePayableToCustomersAndConsignorPayablesCurrent
20512000
CY2022Q2 amrk Trade Payable To Customers And Consignor Payables Current
TradePayableToCustomersAndConsignorPayablesCurrent
2571000
CY2023Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
4953000
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
3556000
CY2023Q2 amrk Accounts Payable And Other Current Liabilities
AccountsPayableAndOtherCurrentLiabilities
25465000
CY2022Q2 amrk Accounts Payable And Other Current Liabilities
AccountsPayableAndOtherCurrentLiabilities
6127000
CY2023Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7419000
CY2022Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
17456000
CY2023Q2 amrk Accounts Payable Advance From Customers Current
AccountsPayableAdvanceFromCustomersCurrent
173944000
CY2022Q2 amrk Accounts Payable Advance From Customers Current
AccountsPayableAdvanceFromCustomersCurrent
158089000
CY2023Q2 amrk Deferred Revenue And Other Advances Current
DeferredRevenueAndOtherAdvancesCurrent
181363000
CY2022Q2 amrk Deferred Revenue And Other Advances Current
DeferredRevenueAndOtherAdvancesCurrent
175545000
CY2023 amrk Derivative Open Position Expected Settlement Period
DerivativeOpenPositionExpectedSettlementPeriod
P2D
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
93848000
CY2023Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
15967000
CY2023Q2 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0
CY2023Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
77881000
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
99141000
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0210
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
800000
CY2022Q3 us-gaap Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
1.00
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
0
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2499626
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.62
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6061000
CY2020Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
2.67
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
392000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
17.75
CY2021 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedWeightedAverageGrantDateFairValue
7.35
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
570370
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.65
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7037000
CY2021 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercises Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesWeightedAverageGrantDateFairValue
2.75
CY2021 amrk Stock Option Activity Cancellations Expirations And Forfeitures
StockOptionActivityCancellationsExpirationsAndForfeitures
3200
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
9.33
CY2021 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Cancellations Expirations And Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationsExpirationsAndForfeituresWeightedAverageGrantDateFairValue
3.49
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2318056
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.01
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
35343000
CY2021Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
3.44
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1385302
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
6.88
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
22675000
CY2021Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
2.89
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2318056
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.01
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
35343000
CY2021Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
3.44
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
538596
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.32
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15874000
CY2022 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercises Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesWeightedAverageGrantDateFairValue
3.22
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1779460
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.84
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
43433000
CY2022Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
3.51
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1147972
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
6.28
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
29811000
CY2022Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
2.65
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1779460
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.84
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
43433000
CY2022Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
3.51
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
10000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
39.69
CY2023 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedWeightedAverageGrantDateFairValue
16.56
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
343200
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.68
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8562000
CY2023 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercises Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesWeightedAverageGrantDateFairValue
3.57
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1446260
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.11
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
43882000
CY2023Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
3.58
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1175591
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
5.02
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
38505000
CY2023Q2 amrk Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
2.53
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1446260
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y5M4D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.11
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1175591
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.02
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
631488
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.06
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
10000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.56
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
370819
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
3.13
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
270669
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
8.14
CY2022Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2022-08-18
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023 us-gaap Revenues
Revenues
9286561000
CY2022 us-gaap Revenues
Revenues
8159254000
CY2021 us-gaap Revenues
Revenues
7613015000
CY2023 us-gaap Revenues
Revenues
9286561000
CY2022 us-gaap Revenues
Revenues
8159254000
CY2021 us-gaap Revenues
Revenues
7613015000
CY2023 us-gaap Gross Profit
GrossProfit
294669000
CY2022 us-gaap Gross Profit
GrossProfit
261765000
CY2021 us-gaap Gross Profit
GrossProfit
210198000
CY2023 amrk Gross Profit Percentage
GrossProfitPercentage
0.03173
CY2022 amrk Gross Profit Percentage
GrossProfitPercentage
0.03208
CY2021 amrk Gross Profit Percentage
GrossProfitPercentage
0.02761
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
203170000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
166417000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
192801000
CY2023 us-gaap Advertising Expense
AdvertisingExpense
15877000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
12178000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
5028000
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4783000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2879000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2113000
CY2023Q2 amrk Asset Under Financing Agreement With Repurchase Option
AssetUnderFinancingAgreementWithRepurchaseOption
25530000
CY2022Q2 amrk Asset Under Financing Agreement With Repurchase Option
AssetUnderFinancingAgreementWithRepurchaseOption
79766000
CY2023Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
981643000
CY2022Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
741018000
CY2023Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
981643000
CY2022Q2 amrk Restricted And Non Restricted Inventory Net
RestrictedAndNonRestrictedInventoryNet
741018000
CY2023Q2 us-gaap Assets
Assets
1545571000
CY2022Q2 us-gaap Assets
Assets
1442659000
CY2023Q2 us-gaap Assets
Assets
1545571000
CY2022Q2 us-gaap Assets
Assets
1442659000
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
278380000
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
261534000
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
278380000
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
261534000
CY2023Q2 us-gaap Goodwill
Goodwill
100943000
CY2022Q2 us-gaap Goodwill
Goodwill
100943000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
62630000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67965000

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