10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-015128`
Period End Date	20140630
Filing Date	20140812
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	awx-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 61

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$13.56M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets`	$14.23M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$3.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$3.40M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.05M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$323.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$349.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$3.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$3.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$830.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.18M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $14,229 in 2014 and $13,556 in 2013	`PropertyPlantAndEquipmentNet`	$30.47M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $14,229 in 2014 and $13,556 in 2013	`PropertyPlantAndEquipmentNet`	$27.56M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $3,642 in 2014 and $3,397 in 2013	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.72M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $3,642 in 2014 and $3,397 in 2013	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.56M	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$8.00K	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$8.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$108.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$93.00K	USD	Point-in-time
Total assets	`Assets`	$55.58M	USD	Point-in-time
Total assets	`Assets`	$54.75M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$56.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$57.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.10M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$827.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$549.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$10.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$297.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$307.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.27M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$3.11M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$365.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$509.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.22M	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$363.00K	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$390.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$75.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$75.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.83M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.39M	USD	Point-in-time
Total Avalon Holdings Corporation shareholders equity	`StockholdersEquity`	$40.42M	USD	Point-in-time
Total Avalon Holdings Corporation shareholders equity	`StockholdersEquity`	$39.69M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.05M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.40M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.47M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$43.09M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$54.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$55.58M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$23.00M	USD	2 Qtrs
Net operating revenues	`SalesRevenueNet`	$15.73M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$13.02M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$30.40M	USD	2 Qtrs
Costs of operations	`CostOfRevenue`	$25.59M	USD	2 Qtrs
Costs of operations	`CostOfRevenue`	$13.04M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$19.30M	USD	2 Qtrs
Costs of operations	`CostOfRevenue`	$10.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$983.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$809.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$555.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$405.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.68M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.79M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.89M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.88M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-201.00K	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$396.00K	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-960.00K	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$207.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$90.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$162.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$97.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$176.00K	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-808.00K	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$489.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-116.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$374.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$59.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-838.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$459.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-138.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$315.00K	USD	2 Qtrs
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-50.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-51.00K	USD	2 Qtrs
Net (loss) income of Avalon Holdings Corporation common shareholders	`ProfitLoss`	$315.00K	USD	2 Qtrs
Net (loss) income of Avalon Holdings Corporation common shareholders	`ProfitLoss`	$459.00K	USD	1 Quarter
Net (loss) income of Avalon Holdings Corporation common shareholders	`ProfitLoss`	$-88.00K	USD	1 Quarter
Net (loss) income of Avalon Holdings Corporation common shareholders	`ProfitLoss`	$-787.00K	USD	2 Qtrs
Basic net (loss) income per share (in Dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic net (loss) income per share (in Dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic net (loss) income per share (in Dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	2 Qtrs
Basic net (loss) income per share (in Dollars per share)	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Dilutive net (loss) income per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Dilutive net (loss) income per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Dilutive net (loss) income per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	2 Qtrs
Dilutive net (loss) income per share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Weighted average shares outstanding basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	1 Quarter
Weighted average shares outstanding basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	2 Qtrs
Weighted average shares outstanding basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	1 Quarter
Weighted average shares outstanding basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	2 Qtrs
Weighted average shares outstanding diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.12M	shares	1 Quarter
Weighted average shares outstanding diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.16M	shares	2 Qtrs
Weighted average shares outstanding diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.02M	shares	1 Quarter
Weighted average shares outstanding diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.04M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-838.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$459.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-138.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$315.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$983.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$809.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$555.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$405.00K	USD	1 Quarter
Compensation costs stock options	`ShareBasedCompensation`	$41.00K	USD	2 Qtrs
Compensation costs stock options	`ShareBasedCompensation`	$53.00K	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$8.00K	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$16.00K	USD	2 Qtrs
Gain from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.00K	USD	2 Qtrs
Gain from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$20.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.76M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.13M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-26.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-5.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$277.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$224.00K	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-14.00K	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$2.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.89M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$680.00K	USD	2 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$215.00K	USD	2 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$278.00K	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$12.00K	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.00K	USD	2 Qtrs
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-10.00K	USD	2 Qtrs
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-11.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$843.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$899.00K	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$86.00K	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$144.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$471.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$390.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.54M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$20.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-370.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.52M	USD	2 Qtrs
Proceeds from subsidiary private placement offering	`ProceedsFromIssuanceOfPrivatePlacement`	$400.00K	USD	2 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$26.00K	USD	2 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$27.00K	USD	2 Qtrs
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-17.00K	USD	2 Qtrs
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-7.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$391.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.00K	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$679.00K	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.66M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.14M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.14M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Capital lease obligations incurred	`CapitalLeaseObligationsIncurred`	$280.00K	USD	2 Qtrs
Capital expenditures included in accounts payable at June 30, 2014	`CapitalExpendituresIncurredButNotYetPaid`	$205.00K	USD	2 Qtrs

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