10-K Filing

AVALON HOLDINGS CORP CIK: 1061069 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001437749-19-004948`
Period End Date	20181231
Filing Date	20190314
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	awx-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 30 Cash Flow Statement 79 Stockholders Equity 15

Balance Sheet 67 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`	$255.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $255 at December 31, 2018 and $237 at December 31, 2017	`AccountsReceivableNetCurrent`	$9.91M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $255 at December 31, 2018 and $237 at December 31, 2017	`AccountsReceivableNetCurrent`	$12.20M	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$580.00K	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$554.00K	USD	Point-in-time
Inventories	`InventoryNet`	$820.00K	USD	Point-in-time
Inventories	`InventoryNet`	$850.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$512.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$622.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$42.53M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.07M	USD	Point-in-time
Leased property under capital leases, net	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$6.36M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$502.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.83M	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`	$62.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$27.00K	USD	Point-in-time
Total assets	`Assets`	$65.38M	USD	Point-in-time
Total assets	`Assets`	$64.77M	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`	$236.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$578.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$547.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.45M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$739.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$872.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$84.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$26.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$372.00K	USD	Point-in-time
Other accrued taxes	`TaxesPayableCurrent`	$405.00K	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$2.72M	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$2.90M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$658.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$793.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.10M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$10.74M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$10.17M	USD	Point-in-time
Long-term portion of obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$688.00K	USD	Point-in-time
Long-term portion of obligations under capital leases	`CapitalLeaseObligationsNoncurrent`	$857.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Contingencies and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$58.97M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.56M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$37.48M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$38.45M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.13M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$14.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.57M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$64.77M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$65.38M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.23M	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$55.85M	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.23M	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$55.85M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.45M	USD	Annual
Impairment of property and equipment	`AssetImpairmentCharges`	-	USD	Annual
Impairment of property and equipment	`AssetImpairmentCharges`	$3.26M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-2.70M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-271.00K	USD	Annual
Interest expense	`InterestExpense`	$699.00K	USD	Annual
Interest expense	`InterestExpense`	$675.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$276.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$284.00K	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.09M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-694.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$122.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$167.00K	USD	Annual
Net loss	`ProfitLoss`	$-3.26M	USD	Annual
Net loss	`ProfitLoss`	$-816.00K	USD	Annual
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.11M	USD	Annual
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-509.00K	USD	Annual
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-1.14M	USD	Annual
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-307.00K	USD	Annual
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.30	USD	Annual
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	Annual
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.81M	shares	Annual
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.80M	shares	Annual

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-3.26M	USD	Annual
Net loss	`ProfitLoss`	$-816.00K	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$2.88M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.00M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$27.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$22.00K	USD	Annual
Impairment of property and equipment	`AssetImpairmentCharges`	-	USD	Annual
Impairment of property and equipment	`AssetImpairmentCharges`	$3.26M	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$12.00K	USD	Annual
Compensation costs - stock options	`ShareBasedCompensation`	$6.00K	USD	Annual
Deferred rental income	`DeferredRentalIncome`	$50.00K	USD	Annual
Deferred rental income	`DeferredRentalIncome`	-	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$42.00K	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$6.00K	USD	Annual
Gain from disposal of vehicle and equipment	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Gain from disposal of vehicle and equipment	`GainLossOnDispositionOfAssets1`	$16.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-868.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.33M	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$-26.00K	USD	Annual
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$11.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-30.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$77.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$50.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$106.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-26.00K	USD	Annual
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.97M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.56M	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$133.00K	USD	Annual
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$55.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-22.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$58.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-76.00K	USD	Annual
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$20.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$161.00K	USD	Annual
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-56.00K	USD	Annual
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$135.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.06M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.25M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.14M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.79M	USD	Annual
Acquisition of Boardman Tennis Center Facility	`PaymentsToAcquireBuildings`	$1.30M	USD	Point-in-time
Acquisition of Boardman Tennis Center Facility	`PaymentsToAcquireBuildings`	$1.27M	USD	Annual
Acquisition of Boardman Tennis Center Facility	`PaymentsToAcquireBuildings`	-	USD	Annual
Proceeds from disposal of vehicle and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from disposal of vehicle and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.79M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.38M	USD	Annual
Principal payments on term loan facility	`RepaymentsOfLongTermDebt`	$536.00K	USD	Annual
Principal payments on term loan facility	`RepaymentsOfLongTermDebt`	$566.00K	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$222.00K	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$234.00K	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$171.00K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$42.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-812.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-622.00K	USD	Annual
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.94M	USD	Annual
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.35M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.85M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$656.00K	USD	Annual
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$32.00K	USD	Annual
Debt issuance costs included in accounts payable	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	Annual
Debt issuance costs included in accounts payable	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$2.00K	USD	Annual
Capital lease obligations incurred	`CapitalLeaseObligationsIncurred`	$77.00K	USD	Annual
Capital lease obligations incurred	`CapitalLeaseObligationsIncurred`	$739.00K	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$648.00K	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$677.00K	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$109.00K	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaid`	$144.00K	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$6.00K	USD	Annual
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$12.00K	USD	Annual
Net loss	`ProfitLoss`	$-3.26M	USD	Annual
Net loss	`ProfitLoss`	$-816.00K	USD	Annual
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	-	shares	Annual
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	72,000.00	shares	Annual
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$171.00K	USD	Annual
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Conversion of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.38M	USD	Point-in-time

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