10-Q Filing

LIANDI CLEAN TECHNOLOGY INC. CIK: 1353386 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-11-065831`
Period End Date	20110930
Filing Date	20111118
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lndt-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 168 Cash Flow Statement 90 Stockholders Equity 22

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivablesExcludingAllowanceForOtherReceivablesCurrent`	-	USD	Point-in-time
Allowance for accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivablesExcludingAllowanceForOtherReceivablesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
Allowance for other receivables (in dollars)	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Allowance for other receivables (in dollars)	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.85M	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$545.52K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$12.29M	USD	Point-in-time
Accounts receivable, net of $nil allowance	`AccountsReceivableNetCurrent`	$24.25M	USD	Point-in-time
Inventories	`InventoryNet`	$5.92M	USD	Point-in-time
Inventories	`InventoryNet`	$959.70K	USD	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$30.49M	USD	Point-in-time
Prepayments to suppliers	`AdvancesOnInventoryPurchases`	$9.47M	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$1.33M	USD	Point-in-time
Prepaid expenses and deposits	`PrepaidExpensesAndDeposits`	$1.61M	USD	Point-in-time
Accrued Dividend, contingently redeemable convertible preferred stock (in dollars)	`DividendsPayableCurrent`	$718.00K	USD	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$462.35K	USD	Point-in-time
Accrued Dividend, contingently redeemable convertible preferred stock (in dollars)	`DividendsPayableCurrent`	$416.70K	USD	Point-in-time
Other receivables, net of $nil allowance	`OtherReceivablesNetCurrent`	$1.02M	USD	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$11.59K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Pledged trading securities	`MarketableSecuritiesEquitySecuritiesCurrent`	$11.59K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid land use right - current portion	`PrepaidLandUseRightCurrentPortion`	-	USD	Point-in-time
Prepaid land use right - current portion	`PrepaidLandUseRightCurrentPortion`	$47.90K	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	30.93M	shares	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	31.51M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$103.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$107.73M	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	31.51M	shares	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	30.93M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentOther`	$11.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentOther`	$259.98K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.79M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.61M	USD	Point-in-time
Investment in and advance to equity method affiliate	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$38.21M	USD	Point-in-time
Investment in and advance to equity method affiliate	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Prepaid land use right - non-current portion	`PrepaidLandUseRightNonCurrentPortion`	-	USD	Point-in-time
Prepaid land use right - non-current portion	`PrepaidLandUseRightNonCurrentPortion`	$1.83M	USD	Point-in-time
Deposit for land use rights	`DepositsForLandUseRights`	-	USD	Point-in-time
Deposit for land use rights	`DepositsForLandUseRights`	$1.36M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$860.74K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$3.22M	USD	Point-in-time
Goodwill	`Goodwill`	$365.53K	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Total assets	`Assets`	$149.48M	USD	Point-in-time
Total assets	`Assets`	$128.24M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$3.18M	USD	Point-in-time
Short term bank loans	`ShortTermBorrowings`	$2.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.36M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.46M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.26M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$15.44M	USD	Point-in-time
Other payables and accrued expenses	`AccruedLiabilitiesCurrentExcludingPreferredStockDividendsPayable`	$7.45M	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$1.79M	USD	Point-in-time
Provision for income tax	`AccruedIncomeTaxesCurrent`	$635.14K	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$7.65M	USD	Point-in-time
Due to shareholders	`DueToOfficersOrStockholdersCurrent`	$8.05M	USD	Point-in-time
Due to non-controlling interests	`DueToOtherRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Due to non-controlling interests	`DueToOtherRelatedPartiesClassifiedCurrent`	$4.14M	USD	Point-in-time
Preferred stock dividend payable	`DividendsPayableCurrent`	$718.00K	USD	Point-in-time
Preferred stock dividend payable	`DividendsPayableCurrent`	$416.70K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.62M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$675.26K	USD	Point-in-time
Total liabilities	`Liabilities`	$23.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$37.34M	USD	Point-in-time
Commitments and Contingencies (Note 26)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 26)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 31,507,945 and 30,926,880 shares issued and outstanding at September 30, 2011 and March 31, 2011, respectively)	`CommonStockValue`	$30.93K	USD	Point-in-time
Common stock (par value: $0.001 per share; 50,000,000 shares authorized; 31,507,945 and 30,926,880 shares issued and outstanding at September 30, 2011 and March 31, 2011, respectively)	`CommonStockValue`	$31.51K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$25.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.29M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$1.19M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$1.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$81.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$43.51M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.88M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.31M	USD	Point-in-time
Total LianDi Clean stockholders' equity	`StockholdersEquity`	$113.28M	USD	Point-in-time
Total LianDi Clean stockholders' equity	`StockholdersEquity`	$70.90M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$5.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$113.28M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$128.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$149.48M	USD	Point-in-time

Income Statement 168 line items

Line Item	Tag	Value	Unit	Period
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$22.39M	USD	2 Qtrs
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$33.68M	USD	1 Quarter
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$18.35M	USD	1 Quarter
Sales and installation of equipment	`SalesAndInstallationOfEquipment`	$40.03M	USD	2 Qtrs
Sales of software	`SalesOfSoftware`	-	USD	1 Quarter
Sales of software	`SalesOfSoftware`	$2.81M	USD	2 Qtrs
Sales of software	`SalesOfSoftware`	$3.62M	USD	1 Quarter
Sales of software	`SalesOfSoftware`	$8.89M	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$1.14M	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$1.13M	USD	1 Quarter
Services	`SalesRevenueServicesNet`	$2.35M	USD	2 Qtrs
Services	`SalesRevenueServicesNet`	$2.11M	USD	1 Quarter
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$4.87M	USD	1 Quarter
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$12.03M	USD	2 Qtrs
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$8.49M	USD	1 Quarter
Sales of industrial chemicals	`SaleOfIndustrialChemicals`	$8.49M	USD	2 Qtrs
Total net revenues	`SalesRevenueNet`	$45.66M	USD	2 Qtrs
Total net revenues	`SalesRevenueNet`	$52.47M	USD	2 Qtrs
Total net revenues	`SalesRevenueNet`	$43.31M	USD	1 Quarter
Total net revenues	`SalesRevenueNet`	$28.95M	USD	1 Quarter
Cost of equipment sold	`CostOfEquipmentSold`	$31.34M	USD	2 Qtrs
Cost of equipment sold	`CostOfEquipmentSold`	$26.30M	USD	1 Quarter
Cost of equipment sold	`CostOfEquipmentSold`	$18.57M	USD	2 Qtrs
Cost of equipment sold	`CostOfEquipmentSold`	$15.21M	USD	1 Quarter
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$158.99K	USD	1 Quarter
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$300.12K	USD	2 Qtrs
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$315.89K	USD	2 Qtrs
Amortization of intangibles	`CostOfSoftwareCopyrightAmortization`	$150.63K	USD	1 Quarter
Cost of software	`CostOfSoftware`	-	USD	2 Qtrs
Cost of software	`CostOfSoftware`	$1.67M	USD	2 Qtrs
Cost of software	`CostOfSoftware`	-	USD	1 Quarter
Cost of software	`CostOfSoftware`	-	USD	1 Quarter
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$4.72M	USD	1 Quarter
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$7.80M	USD	1 Quarter
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$7.80M	USD	2 Qtrs
Cost of industrial chemicals	`CostOfIndustrialChemicalsSold`	$11.16M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$31.71M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$20.09M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$39.43M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$34.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.06M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.03M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$1.07M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$570.82K	USD	2 Qtrs
Selling expenses	`SellingExpense`	$429.88K	USD	1 Quarter
Selling expenses	`SellingExpense`	$471.27K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.80M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$702.70K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.25M	USD	1 Quarter
Research and development cost	`ResearchAndDevelopmentExpense`	$69.54K	USD	1 Quarter
Research and development cost	`ResearchAndDevelopmentExpense`	$222.20K	USD	2 Qtrs
Research and development cost	`ResearchAndDevelopmentExpense`	$128.85K	USD	2 Qtrs
Research and development cost	`ResearchAndDevelopmentExpense`	$114.12K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.49M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.75M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$7.31M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$10.54M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$11.12M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$22.35K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$13.85K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$59.75K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$33.73K	USD	1 Quarter
Interest and bank charges	`InterestExpense`	$365.75K	USD	2 Qtrs
Interest and bank charges	`InterestExpense`	$260.33K	USD	2 Qtrs
Interest and bank charges	`InterestExpense`	$114.70K	USD	1 Quarter
Interest and bank charges	`InterestExpense`	$219.81K	USD	1 Quarter
Exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-126.94K	USD	2 Qtrs
Exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-867.21K	USD	2 Qtrs
Exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-501.03K	USD	1 Quarter
Exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-57.17K	USD	1 Quarter
Value added tax refund	`ValueAddedTaxRefund`	$370.61K	USD	2 Qtrs
Value added tax refund	`ValueAddedTaxRefund`	$1.43K	USD	1 Quarter
Value added tax refund	`ValueAddedTaxRefund`	-	USD	1 Quarter
Value added tax refund	`ValueAddedTaxRefund`	-	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$50.86K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$118.24K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$299.09K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$296.28K	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$29.75M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$342.18K	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$29.32M	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$159.57K	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.32M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.43M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.47M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.88M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.34M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$84.65K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$84.65K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$895.13K	USD	1 Quarter
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.38M	USD	1 Quarter
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.09M	USD	2 Qtrs
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.80M	USD	2 Qtrs
Income before equity in earnings of equity method affiliate	`IncomeLossFromContinuingOperationsAfterIncomeTaxesBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$36.43M	USD	1 Quarter
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	1 Quarter
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	2 Qtrs
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	2 Qtrs
Net income	`ProfitLoss`	$10.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.38M	USD	1 Quarter
Net income	`ProfitLoss`	$39.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$36.34M	USD	1 Quarter
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$124.43K	USD	2 Qtrs
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-80.82K	USD	2 Qtrs
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-126.13K	USD	1 Quarter
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$124.43K	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$39.08M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$10.67M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$36.46M	USD	1 Quarter
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	$809.33K	USD	1 Quarter
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	$1.95M	USD	2 Qtrs
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	-	USD	2 Qtrs
Preferred stock deemed dividend	`TemporaryEquityDividendsAdjustment`	-	USD	1 Quarter
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$351.64K	USD	1 Quarter
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$971.60K	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-715.58K	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$477.70K	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.75M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.37M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.97M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.11M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$39.08M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$10.67M	USD	2 Qtrs
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income attributable to LianDi Clean stockholders	`NetIncomeLoss`	$36.46M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$713.79K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.68M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.44M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$558.91K	USD	1 Quarter
Comprehensive income attributable to LianDi Clean Stockholders	`ComprehensiveIncomeNetOfTax`	$41.52M	USD	2 Qtrs
Comprehensive income attributable to LianDi Clean Stockholders	`ComprehensiveIncomeNetOfTax`	$7.82M	USD	1 Quarter
Comprehensive income attributable to LianDi Clean Stockholders	`ComprehensiveIncomeNetOfTax`	$38.14M	USD	1 Quarter
Comprehensive income attributable to LianDi Clean Stockholders	`ComprehensiveIncomeNetOfTax`	$11.38M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-184.91K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-184.91K	USD	2 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$32.87K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-90.35K	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.61M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.11M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.57M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.22	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.46M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.53M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.35M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.02M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.62M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.44M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.38M	USD	1 Quarter
Net income	`ProfitLoss`	$39.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$36.34M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$368.82K	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$594.51K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$321.32K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$343.99K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$-2.31K	USD	2 Qtrs
Deferred tax liability	`DeferredIncomeTaxesAndTaxCredits`	-	USD	2 Qtrs
Deferred tax liability	`DeferredIncomeTaxesAndTaxCredits`	$-33.17K	USD	2 Qtrs
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	1 Quarter
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	$-91.54K	USD	2 Qtrs
Equity in earnings of equity method affiliate	`IncomeLossFromEquityMethodInvestments`	-	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	2 Qtrs
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	1 Quarter
Gain on deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$30.41M	USD	1 Quarter
Share-based compensation costs	`ShareBasedCompensation`	$12.05K	USD	2 Qtrs
Share-based compensation costs	`ShareBasedCompensation`	$95.75K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$709.18K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.99M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$127.07K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$161.38K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-301.87K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$604.63K	USD	2 Qtrs
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$31.11M	USD	2 Qtrs
Prepayments to suppliers	`IncreaseDecreaseInAdvancesOnInventoryPurchasesCurrent`	$9.27M	USD	2 Qtrs
Deferred costs, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.06M	USD	2 Qtrs
Deferred costs, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.02M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.03M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.22M	USD	2 Qtrs
Deferred revenue and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$-86.34K	USD	2 Qtrs
Deferred revenue and accruals	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$1.22M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.32M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Net cash (used in) generated from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$861.63K	USD	2 Qtrs
Net cash (used in) generated from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.78M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$560.69K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.32K	USD	2 Qtrs
Payment for construction in progress	`PaymentsForConstructionInProcess`	$4.43M	USD	2 Qtrs
Payment for construction in progress	`PaymentsForConstructionInProcess`	-	USD	2 Qtrs
Cash outflow due to deconsolidation of Anhui Jucheng (note 1)	`CashDivestedFromDeconsolidation`	$-5.36M	USD	2 Qtrs
Cash outflow due to deconsolidation of Anhui Jucheng (note 1)	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Acquisition of subsidiary, net of cash and cash equivalents acquired	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Acquisition of subsidiary, net of cash and cash equivalents acquired	`CashAcquiredFromAcquisition`	$2.33M	USD	2 Qtrs
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	$2.11M	USD	2 Qtrs
Payment of deposit for land use rights	`PaymentOfDepositForLandUseRights`	$963.60K	USD	2 Qtrs
Advance to other entities	`RepaymentFromAdvancesToOtherEntities`	$-5.25M	USD	2 Qtrs
Advance to other entities	`RepaymentFromAdvancesToOtherEntities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.98M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.47M	USD	2 Qtrs
Increase in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$315.50K	USD	2 Qtrs
Increase in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-5.29M	USD	2 Qtrs
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Repayment of short term bank loans	`RepaymentsOfShortTermDebt`	$695.39K	USD	2 Qtrs
New bank loans	`NewBankLoans`	-	USD	2 Qtrs
New bank loans	`NewBankLoans`	$3.20M	USD	2 Qtrs
Capital contributions received in advance from new shareholders of Anhui Jucheng (note 1)	`CapitalContributionsReceivedInAdvanceFromNewShareholdersOfAnhuiJucheng`	-	USD	2 Qtrs
Capital contributions received in advance from new shareholders of Anhui Jucheng (note 1)	`CapitalContributionsReceivedInAdvanceFromNewShareholdersOfAnhuiJucheng`	$22.23M	USD	2 Qtrs
Repayment to non-controlling interests	`RepaymentToNoncontrollingInterests`	$665.80K	USD	2 Qtrs
Repayment to non-controlling interests	`RepaymentToNoncontrollingInterests`	$151.60K	USD	2 Qtrs
Repayment from (Advance to) shareholders	`AdvanceFromRepaymentToShareholders`	$-2.17M	USD	2 Qtrs
Repayment from (Advance to) shareholders	`AdvanceFromRepaymentToShareholders`	$569.89K	USD	2 Qtrs
Repayment to other entities	`RepaymentToOtherEntities`	-	USD	2 Qtrs
Repayment to other entities	`RepaymentToOtherEntities`	$6.13M	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$577.18K	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$414.27K	USD	2 Qtrs
Net cash generated from (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.79M	USD	2 Qtrs
Net cash generated from (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.37M	USD	2 Qtrs
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.49M	USD	2 Qtrs
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$708.16K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.97M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.78M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$52.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$52.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$190.60K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$133.66K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$49.80K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	$1.02M	USD	2 Qtrs
Common stock issued for conversion of preferred stock	`CommonStockIssuedForConversionOfPreferredStock`	$1.48M	USD	2 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$113.28M	USD	Point-in-time
Net income for the period	`ProfitLoss`	$10.80M	USD	2 Qtrs
Net income for the period	`ProfitLoss`	$7.38M	USD	1 Quarter
Net income for the period	`ProfitLoss`	$39.00M	USD	2 Qtrs
Net income for the period	`ProfitLoss`	$36.34M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.53M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.61M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.11M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.57M	USD	2 Qtrs
Share-based payments to independent directors	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToIndependentDirectors`	$14.79K	USD	2 Qtrs
Share-based payments to consultancy services provider	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationToConsultants`	$80.97K	USD	2 Qtrs
Preferred stock converted into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.48M	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$351.64K	USD	1 Quarter
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$971.60K	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$-715.58K	USD	2 Qtrs
Preferred stock dividend	`ContigentlyRedeemablePreferredStockDividends`	$477.70K	USD	1 Quarter
Deconsolidation of Anhui Jucheng	`NoncontrollingInterestDecreaseFromDeconsolidation`	-	USD	2 Qtrs
Deconsolidation of Anhui Jucheng	`NoncontrollingInterestDecreaseFromDeconsolidation`	$-5.94M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$113.28M	USD	Point-in-time

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