10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-008966`
Period End Date	20170331
Filing Date	20170512
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	awx-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 28 Cash Flow Statement 68 Stockholders Equity 7

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$237.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$235.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.30M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $237 in 2017 and $235 in 2016	`AccountsReceivableNetCurrent`	$11.35M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $237 in 2017 and $235 in 2016	`AccountsReceivableNetCurrent`	$8.99M	USD	Point-in-time
Inventories	`InventoryNet`	$919.00K	USD	Point-in-time
Inventories	`InventoryNet`	$773.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$462.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$478.00K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$6.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.97M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.88M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.04M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.90M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.90M	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`	$72.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$61.00K	USD	Point-in-time
Total assets	`Assets`	$64.91M	USD	Point-in-time
Total assets	`Assets`	$67.90M	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$212.00K	USD	Point-in-time
Current portion of obligations under capital leases	`CapitalLeaseObligationsCurrent`	$112.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$517.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$525.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.39M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$834.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$684.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$48.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$448.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$296.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.72M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$3.20M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$876.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$764.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.68M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$11.29M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$11.16M	USD	Point-in-time
Obligations under capital leases, net of current portion	`CapitalLeaseObligationsNoncurrent`	$452.00K	USD	Point-in-time
Obligations under capital leases, net of current portion	`CapitalLeaseObligationsNoncurrent`	$966.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.95M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.25M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.74M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$37.82M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.63M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.36M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$67.90M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$64.91M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net operating revenues	`SalesRevenueNet`	$11.00M	USD	1 Quarter
Net operating revenues	`SalesRevenueNet`	$10.70M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$8.85M	USD	1 Quarter
Costs of operations	`CostOfRevenue`	$9.42M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$686.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$748.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.87M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-901.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-976.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$87.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$175.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$77.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$72.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-999.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-991.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.02M	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-92.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-93.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-908.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-926.00K	USD	1 Quarter
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
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	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$686.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$748.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$5.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$3.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$10.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$5.00K	USD	1 Quarter
Deferred rental income	`DeferredRentalIncome`	$22.00K	USD	1 Quarter
Deferred rental income	`DeferredRentalIncome`	$22.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$3.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$3.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.36M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-827.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$26.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$146.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$16.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-25.00K	USD	1 Quarter
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$6.00K	USD	1 Quarter
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-18.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-6.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$12.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.53M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.05M	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$150.00K	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$21.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-48.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-79.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-152.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$482.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$399.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$96.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$134.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-567.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-581.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$460.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$494.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-494.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-460.00K	USD	1 Quarter
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	$510.00K	USD	1 Quarter
Borrowings under line of credit facilities	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$32.00K	USD	1 Quarter
Principal payments on term loan facility	`RepaymentsOfLongTermDebt`	$131.00K	USD	1 Quarter
Principal payments on term loan facility	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$15.00K	USD	1 Quarter
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-179.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$495.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.22M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-566.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.25M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.08M	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`	$2.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.08M	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`	$2.30M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$403.00K	USD	1 Quarter
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$70.00K	USD	1 Quarter
Capital lease obligations incurred	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter
Capital lease obligations incurred	`CapitalLeaseObligationsIncurred`	$630.00K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$170.00K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$87.00K	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$75.00K	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$5.00K	USD	1 Quarter

Stockholders Equity 7 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.36M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$5.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.02M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.36M	USD	Point-in-time

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