10-K Filing

AUTOINFO, INC CIK: 351017 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001144204-12-016425`
Period End Date	20111231
Filing Date	20120321
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	auto-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 29 Cash Flow Statement 37 Stockholders Equity 6

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$392.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$509.00K	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`	$67.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	33.51M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $509,000 and $392,000 as of December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$49.74M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $509,000 and $392,000 as of December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$40.66M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	34.07M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.07M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$135.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	33.51M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$42.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.42M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.14M	USD	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$1.59M	USD	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$2.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$53.44M	USD	Point-in-time
Fixed assets, net of depreciation	`PropertyPlantAndEquipmentNet`	$647.00K	USD	Point-in-time
Fixed assets, net of depreciation	`PropertyPlantAndEquipmentNet`	$479.00K	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$4.55M	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$12.80M	USD	Point-in-time
Goodwill and other intangibles	`GoodwillAndOtherIntangibleAssets`	$10.07M	USD	Point-in-time
Assets, Total	`Assets`	$59.11M	USD	Point-in-time
Assets, Total	`Assets`	$66.73M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.19M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$16.27M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$22.43M	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 34,074,000 and 33,513,000 as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Common stock - authorized 100,000,000 shares, $.001 par value; issued and outstanding 34,074,000 and 33,513,000 as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.38M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$845.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$24.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.11M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$59.11M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$66.73M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$279.70M	USD	Annual
Revenues	`Revenues`	$319.97M	USD	Annual
Purchased transportation	`CostOfServices`	$259.49M	USD	Annual
Purchased transportation	`CostOfServices`	$226.09M	USD	Annual
Purchased equipment for resale	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$566.00K	USD	Annual
Commissions	`OtherCostOfOperatingRevenue`	$39.46M	USD	Annual
Commissions	`OtherCostOfOperatingRevenue`	$41.37M	USD	Annual
Operating expenses	`OperatingExpenses`	$8.47M	USD	Annual
Operating expenses	`OperatingExpenses`	$12.11M	USD	Annual
Costs and Expenses, Total	`CostsAndExpenses`	$274.02M	USD	Annual
Costs and Expenses, Total	`CostsAndExpenses`	$313.54M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$5.68M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$6.43M	USD	Annual
Interest expense	`InterestExpense`	$520.00K	USD	Annual
Interest expense	`InterestExpense`	$701.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.97M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.91M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$2.27M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$1.92M	USD	Annual
Net income	`NetIncomeLoss`	$3.06M	USD	Annual
Net income	`NetIncomeLoss`	$3.64M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.09	USD	Annual
Basic	`EarningsPerShareBasic`	$0.11	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.09	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.10	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.50M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.91M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.49M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.40M	shares	Annual

Cash Flow Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.06M	USD	Annual
Net income	`NetIncomeLoss`	$3.64M	USD	Annual
Change in allowance for doubtful accounts	`ProvisionForReductionOfDoubtfulAccounts`	$-117.00K	USD	Annual
Change in allowance for doubtful accounts	`ProvisionForReductionOfDoubtfulAccounts`	$28.00K	USD	Annual
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$202.00K	USD	Annual
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$229.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$131.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$128.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$93.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$850.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.64M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.96M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-43.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$275.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.25M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.56M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.81M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.62M	USD	Annual
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.29M	USD	Annual
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-458.00K	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$185.00K	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$369.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.66M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$273.00K	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$17.00K	USD	Annual
Change in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-6.16M	USD	Annual
Change in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$3.78M	USD	Annual
Net cash provided by (used in)financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.78M	USD	Annual
Net cash provided by (used in)financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.14M	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-180.00K	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$249.00K	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$24.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$21.11M	USD	Point-in-time
Net income	`NetIncomeLoss`	$3.06M	USD	Annual
Net income	`NetIncomeLoss`	$3.64M	USD	Annual
Ending Balance	`StockholdersEquity`	$24.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$21.11M	USD	Point-in-time

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