10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-041753`
Period End Date	20160930
Filing Date	20161110
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	awx-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 64 Cash Flow Statement 68 Stockholders Equity 9

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$247.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$235.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $247 in 2016 and $235 in 2015	`AccountsReceivableNetCurrent`	$13.74M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $247 in 2016 and $235 in 2015	`AccountsReceivableNetCurrent`	$9.58M	USD	Point-in-time
Inventories	`InventoryNet`	$830.00K	USD	Point-in-time
Inventories	`InventoryNet`	$863.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$578.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$487.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$33.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$45.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$39.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$44.01M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$5.90M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.04M	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`	$78.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$69.00K	USD	Point-in-time
Total assets	`Assets`	$66.81M	USD	Point-in-time
Total assets	`Assets`	$62.30M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$73.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$59.00K	USD	Point-in-time
Revolving line of credit	`LinesOfCreditCurrent`	$9.00M	USD	Point-in-time
Revolving line of credit	`LinesOfCreditCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.21M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$745.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$618.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$21.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$376.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$380.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$3.27M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.40M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$667.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$879.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.15M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	-	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$7.97M	USD	Point-in-time
Obligations under capital leases, net of current portion	`CapitalLeaseObligationsNoncurrent`	$274.00K	USD	Point-in-time
Obligations under capital leases, net of current portion	`CapitalLeaseObligationsNoncurrent`	$280.00K	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`	-	USD	Point-in-time
Deferred rental income	`DeferredRentCreditNoncurrent`	$50.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.92M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.86M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.78M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$39.12M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.98M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.73M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.85M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$66.81M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$62.30M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$39.23M	USD	3 Qtrs
Net operating revenues	`SalesRevenueNet`	$14.58M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$19.13M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$45.77M	USD	3 Qtrs
Costs of operations	`CostOfRevenue`	$11.77M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$37.61M	USD	3 Qtrs
Costs of operations	`CostOfRevenue`	$15.50M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$32.74M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$603.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.09M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.84M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$714.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.87M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.78M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.72M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.11M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$209.00K	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-1.07M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$426.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$815.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$55.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$273.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$67.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$94.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$57.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$64.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$218.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$237.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-897.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$154.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$435.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$778.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$79.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$735.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$417.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$75.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-939.00K	USD	3 Qtrs
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-71.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-244.00K	USD	3 Qtrs
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-423.00K	USD	3 Qtrs
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-112.00K	USD	1 Quarter
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$319.00K	USD	3 Qtrs
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$806.00K	USD	1 Quarter
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$529.00K	USD	1 Quarter
Net income (loss) attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-516.00K	USD	3 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	3 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	3 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	3 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	3 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.21	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	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	3 Qtrs
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.80M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.80M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.84M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.86M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.89M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$735.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$417.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$75.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-939.00K	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$603.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.09M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.84M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$714.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$22.00K	USD	3 Qtrs
Compensation costs - stock options	`ShareBasedCompensation`	$43.00K	USD	3 Qtrs
Deferred rental income	`DeferredRentalIncome`	$66.00K	USD	3 Qtrs
Deferred rental income	`DeferredRentalIncome`	$66.00K	USD	3 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$10.00K	USD	3 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$30.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$502.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.19M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$37.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$91.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$98.00K	USD	3 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$21.00K	USD	3 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-33.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-329.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.09M	USD	3 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$215.00K	USD	3 Qtrs
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$127.00K	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$21.00K	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.00K	USD	3 Qtrs
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-4.00K	USD	3 Qtrs
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-47.00K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$872.00K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$492.00K	USD	3 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$228.00K	USD	3 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$568.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.22M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.81M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.81M	USD	3 Qtrs
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	$8.80M	USD	3 Qtrs
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	$1.02M	USD	3 Qtrs
Repayment under line of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$5.00M	USD	3 Qtrs
Repayment under line of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$48.00K	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$42.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.76M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$977.00K	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.49M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-210.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$95.00K	USD	3 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$166.00K	USD	3 Qtrs
Capital lease obligation incurred	`CapitalLeaseObligationsIncurred`	$68.00K	USD	3 Qtrs
Capital lease obligation incurred	`CapitalLeaseObligationsIncurred`	-	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$164.00K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$273.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$25.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$65.00K	USD	3 Qtrs

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.85M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$22.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$735.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$417.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$75.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-939.00K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.85M	USD	Point-in-time

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