10-Q Filing

AUTOINFO, INC CIK: 351017 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001144204-11-044089`
Period End Date	20110630
Filing Date	20110805
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	auto-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 56 Cash Flow Statement 40

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$841.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$392.00K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	33.51M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	34.04M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $841,000 and $392,000 as of June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$50.08M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $841,000 and $392,000 as of June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$49.74M	USD	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$2.12M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	33.51M	shares	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$10.62M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.04M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$135.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$135.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$62.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$53.44M	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$591.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$479.00K	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$4.68M	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$12.80M	USD	Point-in-time
Total assets	`Assets`	$68.01M	USD	Point-in-time
Total assets	`Assets`	$66.73M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.23M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.19M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$22.43M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$19.03M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - authorized 100,000,000 shares, $.001 par value; issued and outstanding 34,043,000 and 33,513,000 as of June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Common stock - authorized 100,000,000 shares, $.001 par value; issued and outstanding 34,043,000 and 33,513,000 as of June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$845.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$22.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.11M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$66.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$68.01M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$86.97M	USD	1 Quarter
Revenues	`Revenues`	$162.44M	USD	2 Qtrs
Revenues	`Revenues`	$126.48M	USD	2 Qtrs
Revenues	`Revenues`	$69.56M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$102.53M	USD	2 Qtrs
Purchased transportation	`CostOfServices`	$71.00M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$56.50M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$132.79M	USD	2 Qtrs
Commissions	`OtherCostOfOperatingRevenue`	$9.66M	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$21.79M	USD	2 Qtrs
Commissions	`OtherCostOfOperatingRevenue`	$11.71M	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$17.71M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$5.04M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.66M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.99M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.02M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$124.23M	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$85.37M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$68.18M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$159.61M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.59M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.24M	USD	2 Qtrs
Interest expense	`InterestExpense`	$122.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$193.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$283.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$354.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.89M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.19M	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$734.00K	USD	2 Qtrs
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$565.00K	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$984.00K	USD	2 Qtrs
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$459.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$728.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$905.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.15M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.05	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.03	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.76M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.50M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.50M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.92M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.41M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.71M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.52M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.55M	shares	2 Qtrs

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$728.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$905.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.15M	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$277.00K	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$449.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$128.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$63.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$65.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$627.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.11M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$796.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$396.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$406.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.04M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.88M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.38M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.03M	USD	2 Qtrs
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$370.00K	USD	2 Qtrs
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-102.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$215.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$29.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-585.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$18.00K	USD	2 Qtrs
Increase (decrease) in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-3.40M	USD	2 Qtrs
Increase (decrease) in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$3.36M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.39M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.36M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$59.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$70.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$70.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.