10-Q Filing

AUTOINFO, INC CIK: 351017 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-045804`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	auto-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 61 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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $509,000 as of June 30, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$39.24M	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 June 30, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$40.66M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.13M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	34.07M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$42.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.52M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.42M	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`	$1.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$42.24M	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$647.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$717.00K	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$6.20M	USD	Point-in-time
Advances and other assets, net of current portion	`OtherAssetsNoncurrent`	$4.55M	USD	Point-in-time
Goodwill and other intangibles	`GoodwillAndOtherIntangibleAssets`	$10.15M	USD	Point-in-time
Goodwill and other intangibles	`GoodwillAndOtherIntangibleAssets`	$10.07M	USD	Point-in-time
Total assets	`Assets`	$59.31M	USD	Point-in-time
Total assets	`Assets`	$68.01M	USD	Point-in-time
Total assets	`Assets`	$59.11M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.65M	USD	Point-in-time
Loan payable	`LoansPayableCurrent`	$11.82M	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 June 30, 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 June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$34.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.41M	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`	$6.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$26.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$24.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$59.11M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$59.31M	USD	Point-in-time

Income Statement 61 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$320.00M	USD	Annual
Revenues	`Revenues`	$162.44M	USD	2 Qtrs
Revenues	`Revenues`	$69.20M	USD	1 Quarter
Revenues	`Revenues`	$131.00M	USD	2 Qtrs
Revenues	`Revenues`	$86.97M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$71.00M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$105.06M	USD	2 Qtrs
Purchased transportation	`CostOfServices`	$55.79M	USD	1 Quarter
Purchased transportation	`CostOfServices`	$132.79M	USD	2 Qtrs
Purchased equipment for resale	`CostOfGoodsSold`	$283.00K	USD	2 Qtrs
Purchased equipment for resale	`CostOfGoodsSold`	$69.00K	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$11.71M	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$16.36M	USD	2 Qtrs
Commissions	`OtherCostOfOperatingRevenue`	$8.52M	USD	1 Quarter
Commissions	`OtherCostOfOperatingRevenue`	$21.79M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.92M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$5.96M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.66M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$5.04M	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$67.30M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$85.37M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$127.67M	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$159.61M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$6.40M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.59M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.33M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$2.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$172.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$283.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$78.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$122.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.16M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.47M	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$565.00K	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$732.00K	USD	1 Quarter
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$984.00K	USD	2 Qtrs
Income taxes (Note 2)	`IncomeTaxExpenseBenefit`	$1.24M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.60M	USD	Annual
Net income	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$905.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.56M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.06	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.05	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.92M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.13M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.13M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.76M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.85M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.78M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.41M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.52M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.60M	USD	Annual
Net income	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$905.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.56M	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`	$127.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$37.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$65.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$796.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.42M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$110.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$396.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.71M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.14M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.03M	USD	2 Qtrs
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.50M	USD	2 Qtrs
Advances and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$370.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$198.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$215.00K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.70M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-585.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$18.00K	USD	2 Qtrs
Decrease in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-4.45M	USD	2 Qtrs
Decrease in loan payable, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-3.40M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.45M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.39M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$59.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$316.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$131.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	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`	$131.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$375.00K	USD	Point-in-time

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