10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-015269`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	awx-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 56 Cash Flow Statement 72

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.17M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$16.13M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$4.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	USD	Point-in-time
Leased property under capital leases, accumulated depreciation and amortization	`CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation`	$3.87M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.86M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.75M	USD	Point-in-time
Inventories	`InventoryNet`	$947.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.09M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$474.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$386.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$20.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$8.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$45.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$45.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.72M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $16,130 in 2015 and $15,172 in 2014	`PropertyPlantAndEquipmentNet`	$41.30M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $16,130 in 2015 and $15,172 in 2014	`PropertyPlantAndEquipmentNet`	$35.95M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $4,092 in 2015 and $3,867 in 2014	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.24M	USD	Point-in-time
Leased property under capital leases, less accumulated depreciation and amortization of $4,092 in 2015 and $3,867 in 2014	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.42M	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`	$911.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$111.00K	USD	Point-in-time
Total assets	`Assets`	$57.84M	USD	Point-in-time
Total assets	`Assets`	$61.38M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$59.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$58.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.43M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$891.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$714.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$8.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$379.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$395.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$3.15M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.26M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$707.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$573.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.55M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$3.80M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$6.60M	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$333.00K	USD	Point-in-time
Obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$304.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Deferred rental income	`DeferredRentCreditNoncurrent`	$138.00K	USD	Point-in-time
Deferred rental income	`DeferredRentCreditNoncurrent`	$93.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.90M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.51M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$39.44M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.42M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.48M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$3.17M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.92M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$57.84M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$61.38M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$24.66M	USD	2 Qtrs
Net operating revenues	`SalesRevenueNet`	$23.00M	USD	2 Qtrs
Net operating revenues	`SalesRevenueNet`	$13.96M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$13.02M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$19.30M	USD	2 Qtrs
Costs of operations	`CostOfRevenue`	$10.79M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$11.66M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$20.97M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$595.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.23M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$983.00K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$555.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.91M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.68M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.94M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.88M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-214.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-201.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-960.00K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$162.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$90.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$173.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$101.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-808.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.33M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-120.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-116.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.36M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-137.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-138.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-838.00K	USD	2 Qtrs
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-51.00K	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`	$-132.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-311.00K	USD	2 Qtrs
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-787.00K	USD	2 Qtrs
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-1.04M	USD	2 Qtrs
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-5.00K	USD	1 Quarter
Net loss of Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-88.00K	USD	1 Quarter
Basic and dilutive net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	2 Qtrs
Basic and dilutive net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and dilutive net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	2 Qtrs
Basic and dilutive net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	2 Qtrs
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	2 Qtrs
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.36M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-137.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-138.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-838.00K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$595.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.23M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$983.00K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$555.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$31.00K	USD	2 Qtrs
Compensation costs - stock options	`ShareBasedCompensation`	$41.00K	USD	2 Qtrs
Deferred rental income	`DeferredRentalIncome`	$45.00K	USD	2 Qtrs
Deferred rental income	`DeferredRentalIncome`	-	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$16.00K	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$6.00K	USD	2 Qtrs
Gain from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.00K	USD	2 Qtrs
Gain from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.11M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.13M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$277.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$144.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-88.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-26.00K	USD	2 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$12.00K	USD	2 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-14.00K	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$18.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$739.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.89M	USD	2 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$177.00K	USD	2 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$278.00K	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.00K	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`	$16.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$896.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$843.00K	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-134.00K	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$144.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$471.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$356.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.13M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.54M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.52M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.13M	USD	2 Qtrs
Proceeds from subsidiary private placement offering	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	2 Qtrs
Proceeds from subsidiary private placement offering	`ProceedsFromIssuanceOfPrivatePlacement`	$400.00K	USD	2 Qtrs
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	$7.80M	USD	2 Qtrs
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Repayment under line of credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Repayment under line of credit facilities	`RepaymentsOfLinesOfCredit`	$5.00M	USD	2 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$26.00K	USD	2 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$28.00K	USD	2 Qtrs
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-17.00K	USD	2 Qtrs
Contribution to paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$391.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.77M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.66M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.01M	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`	$7.14M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.80M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.14M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$451.00K	USD	2 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$205.00K	USD	2 Qtrs
Cash paid during the year for interest	`InterestPaid`	$87.00K	USD	2 Qtrs
Cash paid during the year for interest	`InterestPaid`	$10.00K	USD	2 Qtrs

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