Business Combination (Tables)

12 Months Ended

Jun. 30, 2012

Business Combinations [Abstract]

Schedule of purchase price allocation

The following below discloses the allocation of the purchase price recorded in fiscal 2011 based on a the fair value of the assets acquired and liability assumed including the fair value of the identified intangible assets is as follows:

in thousands
Fair value of net assets contributed to LLC by Stack's	$	6,373
Net book value of the net assets contributed to LLC by Stack's	2,342
Excess of fair value over the net book value of net assets	$	4,031
Adjustment of tangible assets to fair market value	$	(81	)
Identifiable assets
Customer relationship	1,569
Trade name - indefinite life	1,439
Favorable lease asset	32
Total fair value of identified intangibles	3,040
Goodwill	1,072
Excess of fair value over the net book value of net assets	$	4,031

Business acquisition, pro forma results of operations

The table below includes the pro-forma results of operations for the year ended June 30, 2011 as if the business combination had occurred on July 1, 2010.

in thousands	June 30, 2011
	(pro-forma)
	(unaudited)
Revenue	$	7,218,465
Net income attributable to Spectrum Group International, Inc.	$	1,184
Earnings per share from continuing operations attributable to Spectrum Group International, Inc.:
Basic	$	0.04
Diluted	$	0.04
Weighted average shares outstanding:
Basic	32,469
Diluted	32,725