XML 73 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Operating Revenues      
Advisory fees $ 6,682 $ 7,760 $ 12,189
Distribution fees 1,408 1,974 2,817
Shareholder services fees 630 931 1,383
Administrative services fees 651 774 929
Operating revenue 9,371 11,439 17,318
Operating Expenses      
Employee compensation and benefits 5,890 6,806 8,345
General and administrative 4,275 5,261 5,371
Platform fees 2,056 1,903 2,663
Advertising 411 615 862
Depreciation and amortization 327 256 268
Operating expenses, Total 12,959 14,841 17,509
Operating Loss (3,588) (3,402) (191)
Other Income      
Investment income 434 2,145 208
Equity in earnings of Galileo 0 20 54
Total Other Income 434 2,165 262
Income (Loss) from Continuing Operations Before Income Taxes (3,154) (1,237) 71
Provision for Federal Income Taxes      
Tax expense (benefit) 822 (517) 100
Loss from Continuing Operations (3,976) (720) (29)
Discontinued Operations      
Loss from operations of discontinued transfer agent 0 (368) (250)
Tax benefit 0 (125) (85)
Loss from Discontinued Operations 0 (243) (165)
Net Loss (3,976) (963) (194)
Less: Net Income Attributable to Non-Controlling Interest 54 7 0
Net income (loss) attributable to U.S. Global Investors, Inc. $ (4,030) $ (970) $ (194)
Basic      
Loss from continuing operations (in dollars per share) $ (0.26) $ (0.04) $ 0.00
Loss from discontinued operations (in dollars per share) 0.00 (0.02) (0.01)
Net income (loss) attributable to U.S. Global Investors, Inc. (in dollars per share) (0.26) (0.06) (0.01)
Diluted      
Loss from continuing operations (in dollars per share) (0.26) (0.04) 0.00
Loss from discontinued operations (in dollars per share) 0.00 (0.02) (0.01)
Net income (loss) attributable to U.S. Global Investors, Inc. (in dollars per share) $ (0.26) $ (0.06) $ (0.01)
Basic weighted average number of common shares outstanding (shares) 15,399,831 15,459,022 15,482,612
Diluted weighted average number of common shares outstanding (shares) 15,399,831 15,459,022 15,482,612