10-Q Filing

AUTOINFO, INC CIK: 351017 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-028615`
Period End Date	20120331
Filing Date	20120514
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	auto-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 28 Cash Flow Statement 40

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$509.00K	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`	$316.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$203.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$357.00K	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
Common stock, issued	`CommonStockSharesIssued`	34.13M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	34.07M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $509,000 as of March 31, 2012 and December 31, 2011	`AccountsReceivableNetCurrent`	$40.66M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $509,000 as of March 31, 2012 and December 31, 2011	`AccountsReceivableNetCurrent`	$36.47M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.07M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$42.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.13M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.42M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.09M	USD	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$2.07M	USD	Point-in-time
Current portion of advances and other assets	`OtherAssetsCurrent`	$1.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$40.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.84M	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$675.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$647.00K	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$4.73M	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$4.55M	USD	Point-in-time
Goodwill and other intangibles	`GoodwillAndOtherIntangibleAssets`	$10.06M	USD	Point-in-time
Goodwill and other intangibles	`GoodwillAndOtherIntangibleAssets`	$10.07M	USD	Point-in-time
Total assets	`Assets`	$59.11M	USD	Point-in-time
Total assets	`Assets`	$56.46M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$18.87M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$11.85M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$16.27M	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 34,135,000 and 34,074,000 as of March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$35.00K	USD	Point-in-time
Common stock - authorized 100,000,000 shares, $.001 par value; issued and outstanding 34,135,000 and 34,074,000 as of March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$24.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$25.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$59.11M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$56.46M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$61.80M	USD	1 Quarter
Revenues	`Revenues`	$75.48M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$61.79M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$49.27M	USD	1 Quarter
Purchased equipment for resale	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$214.00K	USD	1 Quarter
Purchased equipment for resale	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$10.08M	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$7.84M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.38M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.04M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$74.24M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$60.36M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.44M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.24M	USD	1 Quarter
Interest expense	`InterestExpense`	$94.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$161.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08M	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$512.00K	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$418.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$661.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$831.00K	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.60M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.93M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.31M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$661.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$831.00K	USD	1 Quarter
Change in allowance for doubtful accounts	`ProvisionForReductionOfDoubtfulAccounts`	$-90.00K	USD	1 Quarter
Change in allowance for doubtful accounts	`ProvisionForReductionOfDoubtfulAccounts`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$52.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$18.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$33.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.19M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.81M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$257.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$676.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$932.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.08M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.41M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.46M	USD	1 Quarter
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$213.00K	USD	1 Quarter
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$665.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$92.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-757.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-292.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$17.00K	USD	1 Quarter
Decrease in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-4.43M	USD	1 Quarter
Decrease in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-4.30M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.29M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.43M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$221.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-113.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$203.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$357.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$203.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$357.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time

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