2014 Q1 Form 10-Q Financial Statement

#000035501914000014 Filed on May 15, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q2 2013 Q1
Revenue $495.0K $18.38M $441.0K
YoY Change 12.24% 67.24% 118.32%
Cost Of Revenue $223.0K $10.69M $498.0K
YoY Change -55.22% 82.42% -48.23%
Gross Profit $272.0K $7.690M -$57.00K
YoY Change -577.19% 49.61% -92.5%
Gross Profit Margin 54.95% 41.84% -12.93%
Selling, General & Admin $3.935M $4.970M $3.774M
YoY Change 4.27% 72.57% 69.69%
% of Gross Profit 1446.69% 64.63%
Research & Development $360.0K $410.0K $381.0K
YoY Change -5.51% 36.67% 20.95%
% of Gross Profit 132.35% 5.33%
Depreciation & Amortization $933.0K $930.0K $679.0K
YoY Change 37.41% 55.0% 17.07%
% of Gross Profit 343.01% 12.09%
Operating Expenses $4.295M $5.380M $4.155M
YoY Change 3.37% 69.18% 63.65%
Operating Profit -$4.023M $2.310M -$4.212M
YoY Change -4.49% 17.86% 27.68%
Interest Expense $203.0K -$200.0K $79.00K
YoY Change 156.96% 150.0% -23.3%
% of Operating Profit -8.66%
Other Income/Expense, Net $39.00K $740.0K $0.00
YoY Change -7500.0%
Pretax Income $2.212M $2.850M $1.606M
YoY Change 37.73% 53.23% 3.41%
Income Tax $65.00K -$2.430M $30.00K
% Of Pretax Income 2.94% -85.26% 1.87%
Net Earnings $1.739M $4.800M $1.076M
YoY Change 61.62% 235.66% -16.72%
Net Earnings / Revenue 351.31% 26.12% 243.99%
Basic Earnings Per Share $0.27 $0.17
Diluted Earnings Per Share $0.26 $786.9K $0.17
COMMON SHARES
Basic Shares Outstanding 6.022M shares
Diluted Shares Outstanding 6.150M shares 6.065M shares

Balance Sheet

Concept 2014 Q1 2013 Q2 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.600M $7.900M $9.200M
YoY Change 4.35% -34.17% -16.64%
Cash & Equivalents $9.589M $7.871M $9.243M
Short-Term Investments
Other Short-Term Assets $1.700M $1.100M $800.0K
YoY Change 112.5% 266.67% 300.0%
Inventory $2.500M $2.500M $2.800M
Prepaid Expenses
Receivables $20.60M $26.40M $26.80M
Other Receivables $8.924M $8.126M $4.513M
Total Short-Term Assets $43.34M $37.87M $39.72M
YoY Change 9.12% 46.4% 47.66%
LONG-TERM ASSETS
Property, Plant & Equipment $16.05M $17.52M $17.71M
YoY Change -9.42% 452.22% 461.07%
Goodwill $1.767M $1.767M $1.667M
YoY Change 6.0%
Intangibles $11.04M $11.90M $12.80K
YoY Change 86200.41% 310304.17%
Long-Term Investments
YoY Change
Other Assets $3.900M $4.100M $1.200M
YoY Change 225.0% 485.71% 140.0%
Total Long-Term Assets $32.76M $35.33M $33.58M
YoY Change -2.45% 356.83% 325.09%
TOTAL ASSETS
Total Short-Term Assets $43.34M $37.87M $39.72M
Total Long-Term Assets $32.76M $35.33M $33.58M
Total Assets $76.10M $73.20M $73.30M
YoY Change 3.82% 117.86% 110.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.863M $2.752M $2.639M
YoY Change 8.49% 32.53% 28.42%
Accrued Expenses $8.900M $8.100M $7.900M
YoY Change 12.66% 8.0% 97.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $2.900M $2.500M
YoY Change 20.0% 52.63% 56.25%
Total Short-Term Liabilities $22.19M $21.12M $24.31M
YoY Change -8.73% 0.18% 8.78%
LONG-TERM LIABILITIES
Long-Term Debt $9.400M $12.90M $13.40M
YoY Change -29.85% 1512.5% 1240.0%
Other Long-Term Liabilities $700.0K $900.0K $600.0K
YoY Change 16.67% 28.57% -25.0%
Total Long-Term Liabilities $10.53M $14.23M $14.00M
YoY Change -24.77% 878.72% 667.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.19M $21.12M $24.31M
Total Long-Term Liabilities $10.53M $14.23M $14.00M
Total Liabilities $32.72M $35.35M $38.31M
YoY Change -14.59% 56.88% 58.49%
SHAREHOLDERS EQUITY
Retained Earnings -$159.7M
YoY Change -5.16%
Common Stock $175.0M $174.5M $174.5M
YoY Change 0.31% 0.24% 0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $675.0K $675.0K $675.0K
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $43.43M $37.80M $34.98M
YoY Change
Total Liabilities & Shareholders Equity $76.15M $73.15M $73.28M
YoY Change 3.91% 117.48% 110.42%

Cashflow Statement

Concept 2014 Q1 2013 Q2 2013 Q1
OPERATING ACTIVITIES
Net Income $1.739M $4.800M $1.076M
YoY Change 61.62% 235.66% -16.72%
Depreciation, Depletion And Amortization $933.0K $930.0K $679.0K
YoY Change 37.41% 55.0% 17.07%
Cash From Operating Activities $2.580M $1.180M $2.290M
YoY Change 12.66% -61.69% 11.71%
INVESTING ACTIVITIES
Capital Expenditures -$210.0K -$620.0K -$340.0K
YoY Change -38.24% 16.98% 41.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$19.80M -$20.20M
YoY Change -100.0% 98900.0% -101100.0%
Cash From Investing Activities -$210.0K -$20.42M -$20.54M
YoY Change -98.98% 3612.73% 9236.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.200M 17.86M 12.73M
YoY Change -117.28% -1282.78% -1843.84%
NET CHANGE
Cash From Operating Activities 2.580M 1.180M 2.290M
Cash From Investing Activities -210.0K -20.42M -20.54M
Cash From Financing Activities -2.200M 17.86M 12.73M
Net Change In Cash 170.0K -1.380M -5.520M
YoY Change -103.08% -235.29% -601.82%
FREE CASH FLOW
Cash From Operating Activities $2.580M $1.180M $2.290M
Capital Expenditures -$210.0K -$620.0K -$340.0K
Free Cash Flow $2.790M $1.800M $2.630M
YoY Change 6.08% -50.14% 14.85%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
FONR Weighted Average Number Of Diluted Shares Outstanding Class C Common
WeightedAverageNumberOfDilutedSharesOutstandingClassCCommon
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FONR Weighted Average Number Of Diluted Shares Outstanding Class C Common
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CY2014Q1 FONR Management And Other Fees Receivable Related Medical Practices Net
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us-gaap Prior Period Reclassification Adjustment Description
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<p style="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Courier New, Courier, Monospace"><u>Reclassifications</u></font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">&#160;</font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Certain prior year amounts have been reclassified to conform to the current year presentation. The reclassifications did not have any effect on reported consolidated net income for any periods presented.</font></p>
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us-gaap Net Income Loss
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CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1005000 usd
FONR Net Income Available To Class Nonvoting Preferred Stockholders
NetIncomeAvailableToClassNonvotingPreferredStockholders
307000 usd
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6130000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6049000 shares
FONR Net Income Available To Class C Common Stockholders
NetIncomeAvailableToClassCCommonStockholders
65000 usd
CY2014Q1 FONR Net Income Available To Class C Common Stockholders
NetIncomeAvailableToClassCCommonStockholders
29000 usd
CY2013Q1 FONR Net Income Available To Class C Common Stockholders
NetIncomeAvailableToClassCCommonStockholders
18000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6150000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6065000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
6002000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
5921000 shares
CY2014Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
6022000 shares
CY2013Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
5937000 shares
FONR Basic And Diluted Income Per Share Common C
BasicAndDilutedIncomePerShareCommonC
0.27
FONR Basic And Diluted Income Per Share Common C
BasicAndDilutedIncomePerShareCommonC
0.17
CY2014Q1 FONR Basic And Diluted Income Per Share Common C
BasicAndDilutedIncomePerShareCommonC
0.08
CY2013Q1 FONR Basic And Diluted Income Per Share Common C
BasicAndDilutedIncomePerShareCommonC
0.05
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2887000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1489000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
86000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
395000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-11012000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3552000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
75000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
82000 usd
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-236000 usd
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
640000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-433000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-89000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
31000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-615000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
63000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-183000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
110000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
515000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
964000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1214000 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-67000 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
882000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-221000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-39000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
2000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-20000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-100000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9345000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6355000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
375000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
568000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
172000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
109000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3401000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
983000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3724000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1298000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
-14000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
-14000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-547000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20877000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7080000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11733000 usd
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1718000 usd
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2789000 usd
CY2014Q1 us-gaap Assets Net
AssetsNet
76147000 usd
CY2013Q2 us-gaap Assets Net
AssetsNet
73151000 usd
us-gaap Sales Revenue Net
SalesRevenueNet
51481000 usd
us-gaap Sales Revenue Net
SalesRevenueNet
30766000 usd
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
17040000 usd
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
11642000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
547000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
677000 usd
CY2014Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
212000 usd
CY2013Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
339000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2887000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1489000 usd
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
933000 usd
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
679000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9668000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
5228000 usd
CY2014Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2319000 usd
CY2013Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1630000 usd
us-gaap Revenues
Revenues
1485000 usd
us-gaap Revenues
Revenues
846000 usd
CY2014Q1 us-gaap Revenues
Revenues
495000 usd
CY2013Q1 us-gaap Revenues
Revenues
441000 usd
CY2014Q1 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
462000 usd
CY2013Q2 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
462000 usd
us-gaap Profit Loss
ProfitLoss
8816000 usd
us-gaap Profit Loss
ProfitLoss
4979000 usd
CY2014Q1 us-gaap Profit Loss
ProfitLoss
2147000 usd
CY2013Q1 us-gaap Profit Loss
ProfitLoss
1581000 usd
CY2014Q1 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
4484000 usd
CY2013Q2 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
4228000 usd
CY2014Q1 FONR Customer Advances Net
CustomerAdvancesNet
1791000 usd
CY2013Q2 FONR Customer Advances Net
CustomerAdvancesNet
1858000 usd
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-8891000 usd
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-7859000 usd
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11043000 usd
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11904000 usd
CY2013Q1 FONR Business Combination Acquired Receivables Management Fee
BusinessCombinationAcquiredReceivablesManagementFee
6667000 usd
CY2013Q1 FONR Business Combination Acquired Receivables Medical Receivables
BusinessCombinationAcquiredReceivablesMedicalReceivables
7390000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Current Assets Prepaid Expense And Other Assets
BusinessAcquisitionPurchasePriceAllocationCurrentAssetsPrepaidExpenseAndOtherAssets
10000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Property Plant And Equipment
BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment
14913000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill
9200000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Goodwill Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
1767000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Other Assets
BusinessAcquisitionPurchasePriceAllocationOtherAssets
333000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Current Liabilities Other Liabilities
BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesOtherLiabilities
6000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Noncurrent Liabilities
BusinessAcquisitionPurchasePriceAllocationNoncurrentLiabilities
274000 usd
CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired
BusinessAcquisitionPurchasePriceAllocationAssetsAcquired
40000000 usd
CY2013Q1 us-gaap Finite Lived Intangible Assets Fair Value Disclosure
FiniteLivedIntangibleAssetsFairValueDisclosure
9200000 usd
us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
1161000 usd
us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
81000 usd
CY2014Q1 us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
343000 usd
CY2013Q1 us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
81000 usd
us-gaap Health Care Organization Other Revenue
HealthCareOrganizationOtherRevenue
3827000 usd
us-gaap Health Care Organization Other Revenue
HealthCareOrganizationOtherRevenue
294000 usd
CY2014Q1 us-gaap Health Care Organization Other Revenue
HealthCareOrganizationOtherRevenue
1385000 usd
CY2013Q1 us-gaap Health Care Organization Other Revenue
HealthCareOrganizationOtherRevenue
294000 usd
us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
10681000 usd
us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
965000 usd
CY2014Q1 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
3222000 usd
CY2013Q1 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
965000 usd
us-gaap Health Care Organization Revenue
HealthCareOrganizationRevenue
17811000 usd
us-gaap Health Care Organization Revenue
HealthCareOrganizationRevenue
965000 usd
CY2014Q1 us-gaap Health Care Organization Revenue
HealthCareOrganizationRevenue
6090000 usd
CY2013Q1 us-gaap Health Care Organization Revenue
HealthCareOrganizationRevenue
965000 usd
us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
7130000 usd
us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
usd
CY2014Q1 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
2868000 usd
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
5823000 usd
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
791000 usd
CY2013Q1 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
31000 usd
CY2014Q1 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
1947000 usd
CY2013Q1 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
791000 usd
us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
3144000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
407000 usd
us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
186000 usd
CY2014Q1 us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
1033000 usd
CY2014Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
110000 usd
CY2014Q1 FONR Interest And Penalty Sales Tax
InterestAndPenaltySalesTax
2483000 usd
CY2013Q2 FONR Interest And Penalty Sales Tax
InterestAndPenaltySalesTax
2322000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
763000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
735000 usd
CY2014Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
981000 usd
CY2013Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
235000 usd
CY2013Q1 us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
186000 usd
FONR Workers Compensation Personal Injury
WorkersCompensationPersonalInjury
9679000 usd
FONR Workers Compensation Personal Injury
WorkersCompensationPersonalInjury
404000 usd
CY2014Q1 FONR Workers Compensation Personal Injury
WorkersCompensationPersonalInjury
3329000 usd
CY2013Q1 FONR Workers Compensation Personal Injury
WorkersCompensationPersonalInjury
404000 usd
CY2014Q1 FONR Advances On Contracts Under Construction
AdvancesOnContractsUnderConstruction
-2693000 usd
CY2013Q2 FONR Advances On Contracts Under Construction
AdvancesOnContractsUnderConstruction
-2370000 usd
CY2014Q1 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
117000 usd
CY2013Q2 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
117000 usd
CY2014Q1 FONR Shares Included Upon Conversion Of Class C Common To Calculate Diluted Eps
SharesIncludedUponConversionOfClassCCommonToCalculateDilutedEps
128000 shares
CY2013Q2 FONR Shares Included Upon Conversion Of Class C Common To Calculate Diluted Eps
SharesIncludedUponConversionOfClassCCommonToCalculateDilutedEps
128000 shares
us-gaap Interest Paid
InterestPaid
521000 usd
us-gaap Interest Paid
InterestPaid
198000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
255000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
252000 usd
CY2014Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2936000 usd
CY2013Q2 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2936000 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
407000 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
usd
CY2014Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
450000 usd
CY2013Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
usd
FONR Purchase Price Of Noncompete Agreements By H.D.M.From H.D.
PurchasePriceOfNoncompeteAgreementsByH.D.M.FromH.D.
-7894000 usd
FONR Purchase Price Of Noncompete Agreements By H.D.M.From H.D.
PurchasePriceOfNoncompeteAgreementsByH.D.M.FromH.D.
-735000 usd
FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
-.50 pure
FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
-0.47 pure
CY2014Q1 FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
-0.50 pure
CY2013Q1 FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
-.51 pure
FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.134 pure
FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.192 pure
CY2014Q1 FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.132 pure
CY2013Q1 FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-.169 pure
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
31000 usd
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
35000 shares
CY2014Q1 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
15000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
86000 usd
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
10000 shares
CY2014Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2936000 usd
CY2014Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
462000 usd
CY2014Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
142788000 usd
CY2014Q1 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
150000 usd
CY2014Q1 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
2717000 usd
CY2014Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
2483000 usd
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
250000 usd
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
175023000 usd
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
174499000 usd
CY2014Q1 us-gaap Development Stage Enterprise Deficit Accumulated During Development Stage
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
153336000 usd
CY2013Q2 us-gaap Development Stage Enterprise Deficit Accumulated During Development Stage
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
159655000 usd
CY2014Q1 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
41000 usd
CY2013Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
55000 usd
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
675000 usd
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
675000 usd
CY2014Q1 us-gaap Stockholders Equity Attributable To Parent Not Allowable For Net Capital
StockholdersEquityAttributableToParentNotAllowableForNetCapital
20972000 usd
CY2013Q2 us-gaap Stockholders Equity Attributable To Parent Not Allowable For Net Capital
StockholdersEquityAttributableToParentNotAllowableForNetCapital
14115000 usd
CY2014Q1 us-gaap Minority Interest
MinorityInterest
22458000 usd
CY2013Q2 us-gaap Minority Interest
MinorityInterest
23685000 usd
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
43430000 usd
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
37800000 usd
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
76147000 usd
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
73151000 usd
CY2013Q1 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.505 pure
CY2013Q1 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
20200000 usd
CY2013Q1 FONR Outside Investor Contribution To Acquisition
OutsideInvestorContributionToAcquisition
19800000 usd
CY2013Q1 us-gaap Loans From Other Federal Home Loan Banks
LoansFromOtherFederalHomeLoanBanks
14000000 usd
CY2013Q1 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
11000000 usd
CY2013Q1 us-gaap Line Of Credit
LineOfCredit
3000000 usd
CY2013Q1 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.0475 pure
CY2013Q1 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
0.04 pure
dei Entity Registrant Name
EntityRegistrantName
Fonar Corporation
dei Entity Central Index Key
EntityCentralIndexKey
0000355019
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 FONR Weighted Average Number Of Diluted Shares Outstanding Class C Common
WeightedAverageNumberOfDilutedSharesOutstandingClassCCommon
-383000 shares
CY2013Q1 FONR Weighted Average Number Of Diluted Shares Outstanding Class C Common
WeightedAverageNumberOfDilutedSharesOutstandingClassCCommon
-383000 shares
FONR Basic Income Per Common Share
BasicIncomePerCommonShare
1.05
FONR Basic Income Per Common Share
BasicIncomePerCommonShare
0.65
CY2014Q1 FONR Basic Income Per Common Share
BasicIncomePerCommonShare
0.29
CY2013Q1 FONR Basic Income Per Common Share
BasicIncomePerCommonShare
0.18
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6002000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5921000 shares
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6022000 shares
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5937000 shares
FONR Net Income Available To Common Stockholder
NetIncomeAvailableToCommonStockholder
6319000 usd
FONR Net Income Available To Common Stockholder
NetIncomeAvailableToCommonStockholder
3876000 usd
CY2014Q1 FONR Net Income Available To Common Stockholder
NetIncomeAvailableToCommonStockholder
1739000 usd
CY2013Q1 FONR Net Income Available To Common Stockholder
NetIncomeAvailableToCommonStockholder
1076000 usd
CY2014Q2 FONR Repayment Of Portion Of Class Stockholders Capital Contribution Value
RepaymentOfPortionOfClassStockholdersCapitalContributionValue
1100000 usd
CY2014Q2 FONR Hmca Ownership Size Of Imperial Management Services Percent
HmcaOwnershipSizeOfImperialManagementServicesPercent
.91 pure
us-gaap Acquisition Costs
AcquisitionCosts
usd
us-gaap Acquisition Costs
AcquisitionCosts
-40000000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
19800000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
14000000 usd
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9589000 usd
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7871000 usd
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12032000 usd
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9243000 usd
CY2013Q1 FONR Purchase Price Of Scanning Center Business By H.D.M.From H.D.
PurchasePriceOfScanningCenterBusinessByH.D.M.FromH.D.
35900000 usd
CY2013Q1 FONR Purchase Price Of Consulting And Non Compete Agreements By H.D.M.From H.D.
PurchasePriceOfConsultingAndNonCompeteAgreementsByH.D.M.FromH.D.
4100000 usd
CY2014Q1 us-gaap Common Stock Other Value Outstanding
CommonStockOtherValueOutstanding
1000 usd
CY2013Q2 us-gaap Common Stock Other Value Outstanding
CommonStockOtherValueOutstanding
1000 usd

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0000355019-14-000014-index-headers.html Edgar Link pending
0000355019-14-000014-index.html Edgar Link pending
0000355019-14-000014.txt Edgar Link pending
0000355019-14-000014-xbrl.zip Edgar Link pending
Financial_Report.xls Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
fonar_10q.htm Edgar Link pending
fonar_exhibit-31.htm Edgar Link pending
fonar_exhibit-32.htm Edgar Link pending
fonr-20121231.xsd Edgar Link pending
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fonr-20121231_def.xml Edgar Link unprocessable
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fonr-20121231.xml Edgar Link completed
R6.htm Edgar Link pending
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fonr-20121231_cal.xml Edgar Link unprocessable