2016 Q3 Form 10-Q Financial Statement
#000101968716007293 Filed on August 16, 2016
Income Statement
| Concept | 2016 Q3 | 2016 Q1 |
|---|---|---|
| Revenue | $24.76M | $26.01M |
| YoY Change | -17.92% | -18.1% |
| Cost Of Revenue | $18.32M | $20.53M |
| YoY Change | -17.8% | -15.96% |
| Gross Profit | $6.440M | $5.480M |
| YoY Change | -18.24% | -25.24% |
| Gross Profit Margin | 26.01% | 21.07% |
| Selling, General & Admin | $7.530M | $7.100M |
| YoY Change | 3.79% | -11.03% |
| % of Gross Profit | 116.93% | 129.56% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $300.0K | $300.0K |
| YoY Change | -5.66% | -14.29% |
| % of Gross Profit | 4.66% | 5.47% |
| Operating Expenses | $7.530M | $7.100M |
| YoY Change | 3.79% | -11.03% |
| Operating Profit | -$1.090M | -$1.620M |
| YoY Change | -275.24% | 149.23% |
| Interest Expense | -$300.0K | -$410.0K |
| YoY Change | -222.45% | 41.38% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$30.00K | -$80.00K |
| YoY Change | -475.0% | -900.0% |
| Pretax Income | -$1.420M | -$2.110M |
| YoY Change | -468.83% | 129.35% |
| Income Tax | $760.0K | -$820.0K |
| % Of Pretax Income | ||
| Net Earnings | -$2.100M | -$850.0K |
| YoY Change | -532.1% | 39.34% |
| Net Earnings / Revenue | -8.48% | -3.27% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$1.765M | -$720.3K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 5.901M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q3 | 2016 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.250M | $1.970M |
| YoY Change | -38.19% | -44.03% |
| Cash & Equivalents | $2.250M | $1.969M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.370M | $3.010M |
| YoY Change | -28.83% | -5.35% |
| Inventory | $15.93M | $16.73M |
| Prepaid Expenses | $1.657M | |
| Receivables | $6.660M | $11.54M |
| Other Receivables | $240.0K | $1.120M |
| Total Short-Term Assets | $27.45M | $34.37M |
| YoY Change | -20.5% | -0.31% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $10.57M | $10.99M |
| YoY Change | -6.96% | -6.6% |
| Goodwill | $38.00K | |
| YoY Change | 0.0% | |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.330M | $596.0K |
| YoY Change | 77.33% | -15.82% |
| Total Long-Term Assets | $11.90M | $12.41M |
| YoY Change | -1.89% | -0.6% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $27.45M | $34.37M |
| Total Long-Term Assets | $11.90M | $12.41M |
| Total Assets | $39.35M | $46.78M |
| YoY Change | -15.66% | -0.39% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $7.430M | $7.019M |
| YoY Change | -10.06% | 10.02% |
| Accrued Expenses | $8.240M | $8.934M |
| YoY Change | 4.44% | 9.85% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $7.790M | $12.67M |
| YoY Change | -14.4% | 37.12% |
| Long-Term Debt Due | $2.800M | $1.250M |
| YoY Change | 24.44% | 9.65% |
| Total Short-Term Liabilities | $26.26M | $29.87M |
| YoY Change | -4.54% | 20.03% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.270M | $4.510M |
| YoY Change | -15.5% | -11.91% |
| Other Long-Term Liabilities | $400.0K | $357.0K |
| YoY Change | 62.6% | -3.25% |
| Total Long-Term Liabilities | $3.670M | $357.0K |
| YoY Change | 1391.87% | -3.25% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $26.26M | $29.87M |
| Total Long-Term Liabilities | $3.670M | $357.0K |
| Total Liabilities | $29.93M | $34.74M |
| YoY Change | -8.4% | 10.54% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$9.577M | |
| YoY Change | 39.61% | |
| Common Stock | $21.47M | |
| YoY Change | 1.56% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $8.950M | $11.32M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $39.35M | $46.78M |
| YoY Change | -15.65% | -0.39% |
Cashflow Statement
| Concept | 2016 Q3 | 2016 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.100M | -$850.0K |
| YoY Change | -532.1% | 39.34% |
| Depreciation, Depletion And Amortization | $300.0K | $300.0K |
| YoY Change | -5.66% | -14.29% |
| Cash From Operating Activities | $2.740M | -$1.320M |
| YoY Change | -930.3% | 1785.71% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$50.00K | -$130.0K |
| YoY Change | -139.37% | -75.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| Cash From Investing Activities | -$60.00K | -$130.0K |
| YoY Change | -64.71% | -74.51% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -2.790M | 60.00K |
| YoY Change | -565.0% | -95.49% |
| NET CHANGE | ||
| Cash From Operating Activities | 2.740M | -1.320M |
| Cash From Investing Activities | -60.00K | -130.0K |
| Cash From Financing Activities | -2.790M | 60.00K |
| Net Change In Cash | -110.0K | -1.390M |
| YoY Change | -210.0% | -285.33% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $2.740M | -$1.320M |
| Capital Expenditures | -$50.00K | -$130.0K |
| Free Cash Flow | $2.790M | -$1.190M |
| YoY Change | -710.5% | -364.44% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Entity Registrant Name
EntityRegistrantName
|
APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN | ||
| CY2016Q3 | us-gaap |
Assets
Assets
|
39346000 | USD |
| CY2016Q1 | us-gaap |
Assets
Assets
|
46779000 | USD |
| CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
29929000 | USD |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
34735000 | USD |
