2014 Form 10-K Financial Statement

#000035501914000031 Filed on September 29, 2014

View on sec.gov

Income Statement

Concept 2014 2013 Q2 2013
Revenue $1.964M $18.38M $1.200M
YoY Change 63.65% 67.24% 48.15%
Cost Of Revenue $1.067M $10.69M $3.657M
YoY Change -70.82% 82.42% -32.13%
Gross Profit $896.6K $7.690M -$2.457M
YoY Change -136.5% 49.61% -46.34%
Gross Profit Margin 45.66% 41.84% -204.72%
Selling, General & Admin $18.58M $4.970M $12.50M
YoY Change 48.66% 72.57% 42.89%
% of Gross Profit 2072.72% 64.63%
Research & Development $1.761M $410.0K $1.439M
YoY Change 22.4% 36.67% 15.76%
% of Gross Profit 196.38% 5.33%
Depreciation & Amortization $3.817M $930.0K $2.421M
YoY Change 57.66% 55.0% 8.56%
% of Gross Profit 425.73% 12.09%
Operating Expenses $20.35M $5.380M $13.94M
YoY Change 45.95% 69.18% 39.52%
Operating Profit -$19.45M $2.310M -$16.40M
YoY Change 18.61% 17.86% 12.54%
Interest Expense -$884.5K -$200.0K -$500.4K
YoY Change 76.78% 150.0% -204.53%
% of Operating Profit -8.66%
Other Income/Expense, Net -$4.835K $740.0K -$142.0K
YoY Change -96.59% -7500.0% 1174.54%
Pretax Income $11.05M $2.850M $7.978M
YoY Change 38.48% 53.23% 13.72%
Income Tax -$2.348M -$2.430M $2.278M
% Of Pretax Income -21.25% -85.26% 28.55%
Net Earnings $10.40M $4.800M $8.679M
YoY Change 19.79% 235.66% 50.24%
Net Earnings / Revenue 529.4% 26.12% 723.21%
Basic Earnings Per Share $1.73 $1.46
Diluted Earnings Per Share $1.705M $786.9K $1.426M
COMMON SHARES
Basic Shares Outstanding 6.010M shares 5.933M shares
Diluted Shares Outstanding 6.137M shares 6.061M shares

Balance Sheet

Concept 2014 2013 Q2 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00M $7.900M $7.900M
YoY Change 26.58% -34.17% -34.17%
Cash & Equivalents $10.00M $7.871M $7.900M
Short-Term Investments
Other Short-Term Assets $1.000M $1.100M $1.100M
YoY Change -9.09% 266.67% 266.67%
Inventory $3.200M $2.500M $2.500M
Prepaid Expenses
Receivables $28.70M $26.40M $26.40M
Other Receivables $0.00 $8.126M $0.00
Total Short-Term Assets $42.80M $37.87M $37.90M
YoY Change 12.93% 46.4% 46.33%
LONG-TERM ASSETS
Property, Plant & Equipment $15.00M $17.52M $17.50M
YoY Change -14.29% 452.22% 446.88%
Goodwill $1.767M
YoY Change
Intangibles $11.90M
YoY Change 310304.17%
Long-Term Investments
YoY Change
Other Assets $6.700M $4.100M $4.100M
YoY Change 63.41% 485.71% 485.71%
Total Long-Term Assets $34.00M $35.33M $35.30M
YoY Change -3.68% 356.83% 358.44%
TOTAL ASSETS
Total Short-Term Assets $42.80M $37.87M $37.90M
Total Long-Term Assets $34.00M $35.33M $35.30M
Total Assets $76.80M $73.20M $73.20M
YoY Change 4.92% 117.86% 117.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.500M $2.752M $2.800M
YoY Change -10.71% 32.53% 33.33%
Accrued Expenses $7.900M $8.100M $8.100M
YoY Change -2.47% 8.0% 8.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.900M $2.900M $2.900M
YoY Change 0.0% 52.63% 52.63%
Total Short-Term Liabilities $20.90M $21.12M $21.10M
YoY Change -0.95% 0.18% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $8.500M $12.90M $12.90M
YoY Change -34.11% 1512.5% 1512.5%
Other Long-Term Liabilities $900.0K $900.0K $900.0K
YoY Change 0.0% 28.57% 28.57%
Total Long-Term Liabilities $9.400M $14.23M $13.80M
YoY Change -31.88% 878.72% 820.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.90M $21.12M $21.10M
Total Long-Term Liabilities $9.400M $14.23M $13.80M
Total Liabilities $51.50M $35.35M $59.00M
YoY Change -12.71% 56.88% 106.29%
SHAREHOLDERS EQUITY
Retained Earnings -$159.7M
YoY Change -5.16%
Common Stock $174.5M
YoY Change 0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $675.0K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $25.30M $37.80M $14.10M
YoY Change
Total Liabilities & Shareholders Equity $76.80M $73.15M $73.20M
YoY Change 4.92% 117.48% 117.86%

Cashflow Statement

Concept 2014 2013 Q2 2013
OPERATING ACTIVITIES
Net Income $10.40M $4.800M $8.679M
YoY Change 19.79% 235.66% 50.24%
Depreciation, Depletion And Amortization $3.817M $930.0K $2.421M
YoY Change 57.66% 55.0% 8.56%
Cash From Operating Activities $13.39M $1.180M $7.539M
YoY Change 77.62% -61.69% 1.7%
INVESTING ACTIVITIES
Capital Expenditures -$620.7K -$620.0K -$1.135M
YoY Change -45.33% 16.98% -205.01%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$19.80M -$40.00M
YoY Change -100.0% 98900.0%
Cash From Investing Activities -$834.9K -$20.42M -$41.30M
YoY Change -97.98% 3612.73% 3264.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$10.48M 17.86M $29.59M
YoY Change -135.39% -1282.78% -969.11%
NET CHANGE
Cash From Operating Activities $13.39M 1.180M $7.539M
Cash From Investing Activities -$834.9K -20.42M -$41.30M
Cash From Financing Activities -$10.48M 17.86M $29.59M
Net Change In Cash $2.081M -1.380M -$4.161M
YoY Change -150.01% -235.29% -249.65%
FREE CASH FLOW
Cash From Operating Activities $13.39M $1.180M $7.539M
Capital Expenditures -$620.7K -$620.0K -$1.135M
Free Cash Flow $14.01M $1.800M $8.675M
YoY Change 61.53% -50.14% 36.99%

Facts In Submission

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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">NOTE 8 - CAPITAL STOCK</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><u>Common Stock</u></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash dividends payable on the common stock shall, in all cases, be on a per share basis, one hundred twenty percent (120%) of the cash dividend payable on shares of Class B common stock and three hundred sixty percent (360%) of the cash dividend payable on a share of Class C common stock.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><u>Class B Common Stock</u></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Class B common stock is convertible into shares of common stock on a one-for-one basis. 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The Class C common stock was offered on a three-for-one basis to the holders of the Class B common stock. Although having greater voting power, each share of Class C common stock has only one-third of the rights of a share of Class B common stock to dividends and distributions. Class C common stock is convertible into shares of common stock on a three-for-one basis.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><u>Class A Non-Voting Preferred Stock</u></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On April 3, 1995, the stockholders ratified a proposal consisting of the creation of a new class of Class A non-voting preferred stock with special dividend rights and the declaration of a stock dividend on the Company's common stock consisting of one share of Class A non-voting preferred stock for every five shares of common stock. The stock dividend was payable to holders of common stock on October 20, 1995. Class A non-voting preferred stock issued pursuant to such stock dividend approximates 313,000 shares.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Class A non-voting preferred stock is entitled to a special dividend equal to 3-1/4% of first $10 million, 4-1/2% of next $20 million and 5-1/2% on amounts in excess of $30 million of the amount of any cash awards or settlements received by the Company in connection with the enforcement of five of the Company's patents in its patent lawsuits, less the revised special dividend payable on the common stock with respect to one of the Company's patents.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Class A non-voting preferred stock participates on an equal per share basis with the common stock in any dividends declared and ranks equally with the common stock on distribution rights, liquidation rights and other rights and preferences (other than the voting rights).</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><u>Stock Bonus Plans</u></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On April 23, 2010, the Board approved the 2010 Stock Bonus Plan. The plan entitles the Company to reserve 2,000,000 shares of common stock. On August 10, 2010, the Company filed Form S-8 to register the 2,000,000 shares. As of June 30, 2014, 958,367 shares of common stock of FONAR were available for future grant under this plan. 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CY2014 us-gaap Use Of Estimates
UseOfEstimates
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CY2014 us-gaap Revenue Recognition Percentage Of Completion Method
RevenueRecognitionPercentageOfCompletionMethod
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CY2014 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<p style="font: 10pt/92% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><u>Customer Advances</u></p> <p style="font: 10pt/92% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt/92% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash advances and progress payments received on sales orders are reflected as customer advances until such time as revenue recognition begins.</p>
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
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CY2014 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
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CY2014Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
2093671 usd
CY2013Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
1783847 usd
CY2014Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
349865 usd
CY2013Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
293241 usd
CY2014Q2 us-gaap Capital Leased Assets Gross
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620307 usd
CY2013Q2 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
620307 usd
CY2014Q2 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
17396797 usd
CY2013Q2 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
18567787 usd
CY2014Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3510224 usd
CY2013Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3500902 usd
CY2014Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2069055 usd
CY2013Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4987159 usd
CY2014Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
2550627 usd
CY2013Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
2952449 usd
CY2014Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5593148 usd
CY2013Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5669338 usd
CY2014Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
939614 usd
CY2013Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
939614 usd
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
32679772 usd
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37237556 usd
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17650043 usd
CY2013Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19713062 usd
CY2014Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7418436 usd
CY2013Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7668959 usd
CY2014Q2 FONR Patents And Copyrights Less Amortization
PatentsAndCopyrightsLessAmortization
4408011 usd
CY2013Q2 FONR Patents And Copyrights Less Amortization
PatentsAndCopyrightsLessAmortization
4193800 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9217604 usd
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7858511 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10508843 usd
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11904248 usd
CY2014Q2 FONR Balance Beginning Of Year
Balance_BeginningOfYear
11904248 usd
CY2013Q2 FONR Balance Beginning Of Year
Balance_BeginningOfYear
3835179 usd
CY2014Q2 FONR Amounts Capitalized Other Intangible Assets
AmountsCapitalizedOtherIntangibleAssets
214211 usd
CY2013Q2 FONR Amounts Capitalized Other Intangible Assets
AmountsCapitalizedOtherIntangibleAssets
9359907 usd
CY2014Q2 FONR Abandon Patents Written Off
AbandonPatentsWrittenOff
-250523 usd
CY2013Q2 FONR Abandon Patents Written Off
AbandonPatentsWrittenOff
-66619 usd
CY2014Q2 FONR Balance End Of Year
Balance_EndOfYear
10508843 usd
CY2013Q2 FONR Balance End Of Year
Balance_EndOfYear
11904248 usd
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6610 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14022 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.76
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
26.65
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue
CY2014 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-310000 usd
CY2013 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-125000 usd
CY2014 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-24093 usd
CY2013 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-71001 usd
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
6961016 usd
CY2013Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
6139291 usd
CY2014Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
65108 usd
CY2013Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
264062 usd
CY2014Q2 FONR Tax Credit Carryforward
TaxCreditCarryforward
5644097 usd
CY2013Q2 FONR Tax Credit Carryforward
TaxCreditCarryforward
5873204 usd
CY2014Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
195408 usd
CY2013Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1070291 usd
CY2014Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
67896587 usd
CY2013Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
71483815 usd
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
-62156300 usd
CY2013Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
-68548065 usd
CY2014Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
5740287 usd
CY2013Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2935750 usd
CY2014Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
usd
CY2013Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
usd
CY2014Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
-583990 usd
CY2013Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
-461858 usd
CY2014Q2 us-gaap Deferred Tax Liabilities Gross Current
DeferredTaxLiabilitiesGrossCurrent
-583990 usd
CY2013Q2 us-gaap Deferred Tax Liabilities Gross Current
DeferredTaxLiabilitiesGrossCurrent
-461858 usd
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5156297 usd
CY2013Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2473892 usd
CY2014Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
834324 usd
CY2013Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
710897 usd
CY2014Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
117480 usd
CY2013Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
117480 usd
CY2014Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
664349 usd
CY2013Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
809349 usd
CY2014Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2665181 usd
CY2013Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2858652 usd
CY2014Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
438730 usd
CY2013Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
569049 usd
CY2014Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
325139 usd
CY2013Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
305000 usd
CY2014Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
306092 usd
CY2013Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
13443 usd
CY2014Q2 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
usd
CY2013Q2 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
250000 usd
CY2014Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
848399 usd
CY2013Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
390968 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3753050 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3042814 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1295636 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
835680 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
351732 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
894072 usd
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
10172984 usd
CY2014Q2 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
152166 usd
CY2014Q2 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
96000 usd
CY2014Q2 us-gaap Other Commitment
OtherCommitment
305916 usd
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
usd
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-48777 usd
CY2014 us-gaap Revenues
Revenues
1963750 usd
CY2013 us-gaap Revenues
Revenues
1200000 usd
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12302669 usd
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
7535747 usd
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3817205 usd
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2421177 usd
CY2014 FONR Compensatory Element Of Stock Issuances
CompensatoryElementOfStockIssuances
223000 usd
CY2013 FONR Compensatory Element Of Stock Issuances
CompensatoryElementOfStockIssuances
415021 usd
CY2014 FONR Identifiable Assets
IdentifiableAssets
76789843 usd
CY2013 FONR Identifiable Assets
IdentifiableAssets
73150650 usd
CY2014 FONR Capital Expenditures
CapitalExpenditures
834908 usd
CY2013 FONR Capital Expenditures
CapitalExpenditures
25407939 usd
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1877932 usd
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3939140 usd
CY2014 us-gaap Maintenance Revenue
MaintenanceRevenue
10082631 usd
CY2013 us-gaap Maintenance Revenue
MaintenanceRevenue
10841935 usd
CY2014 FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
110000 usd
CY2013 FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
110000 usd
CY2014 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
24307192 usd
CY2013 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
7481865 usd
CY2014 us-gaap Management Fees Revenue
ManagementFeesRevenue
34839969 usd
CY2013 us-gaap Management Fees Revenue
ManagementFeesRevenue
21493599 usd
CY2014 FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
7620835 usd
CY2013 FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
7859944 usd
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1067120 usd
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
3656635 usd
CY2014 us-gaap Maintenance Costs
MaintenanceCosts
2496985 usd
CY2013 us-gaap Maintenance Costs
MaintenanceCosts
3213420 usd
CY2014 FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
27242 usd
CY2013 FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
32603 usd
CY2014 us-gaap Service Management Costs
ServiceManagementCosts
20851065 usd
CY2013 us-gaap Service Management Costs
ServiceManagementCosts
12998243 usd
CY2014 FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
5134553 usd
CY2013 FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
3515706 usd
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1760821 usd
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1438560 usd
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15388239 usd
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12501621 usd
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1806299 usd
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1544521 usd
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
56202808 usd
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
41606067 usd
CY2014 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
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12302669 usd
CY2013 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
7535747 usd
CY2014 us-gaap Interest Expense
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884541 usd
CY2013 us-gaap Interest Expense
InterestExpense
500362 usd
CY2014 us-gaap Investment Income Net
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238928 usd
CY2013 us-gaap Investment Income Net
InvestmentIncomeNet
217598 usd
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11048457 usd
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7978471 usd
CY2014 us-gaap Profit Loss
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13396769 usd
CY2013 us-gaap Profit Loss
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10256362 usd
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1577820 usd
CY2014 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1037000 usd
CY2013 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
598000 usd
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2013 us-gaap Asset Impairment Charges
AssetImpairmentCharges
357500 usd
CY2014 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
10333082 usd
CY2013 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
2584669 usd
CY2014 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
13974110 usd
CY2013 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
4897196 usd
CY2014 us-gaap Revenue Recognition Allowances
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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Patient Fee Revenue - Net</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 90%"> <tr style="text-align: center; vertical-align: bottom"> <td>&#160;</td><td>&#160;</td> <td colspan="7" style="text-align: center; border-bottom: Black 1pt solid">For the Year Ended June 30,</td></tr> <tr style="text-align: center; vertical-align: bottom"> <td>&#160;</td><td>&#160;</td> <td colspan="3" style="border-bottom: Black 1pt solid">2014</td><td>&#160;</td> <td colspan="3" style="border-bottom: Black 1pt solid">2013</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 68%; text-align: left; text-indent: -8.85pt; padding-left: 8.85pt">Commercial Insurance/ Managed Care</td><td style="width: 4%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">4,217,088</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 4%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">1,360,536</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -8.85pt; padding-left: 8.85pt">Medicare/Medicaid</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">1,443,020</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">541,602</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -8.85pt; padding-left: 8.85pt">Workers' Compensation/Personal Injury</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">13,369,956</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">3,597,416</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -8.85pt; padding-left: 8.85pt">Other</td><td>&#160;</td> <td style="text-align: left; border-bottom: Black 1pt solid">&#160;</td><td style="text-align: right; border-bottom: Black 1pt solid">5,277,128</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left; border-bottom: Black 1pt solid">&#160;</td><td style="text-align: right; border-bottom: Black 1pt solid">1,982,311</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -8.85pt; padding-left: 8.85pt">Patient Fee Revenue, net of contractual allowances and discounts</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">24,307,192</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">7,481,865</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -8.85pt; padding-left: 8.85pt">Provision for Bad Debts</td><td>&#160;</td> <td style="text-align: left; border-bottom: Black 1pt solid">&#160;</td><td style="text-align: right; border-bottom: Black 1pt solid">(10,333,082</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left; border-bottom: Black 1pt solid">&#160;</td><td style="text-align: right; border-bottom: Black 1pt solid">(2,584,669</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -8.85pt; padding-left: 8.85pt">Net Patient Fee Revenue</td><td>&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: right">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">13,974,110</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: right">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,897,196</td><td style="text-align: left">&#160;</td></tr></table>
CY2014 FONR Export Product Sales
ExportProductSales
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Foreign Product Sales, as a Percentage of Product Sales to Unrelated Parties </p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="7" style="text-align: center; border-bottom: Black 1pt solid">For the Years Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2013</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: left; padding-left: 5.4pt">Abu Dhabi</td><td style="width: 2%">&#160;</td> <td style="width: 1%; text-align: left">&#160;</td><td style="width: 20%; text-align: right">29.8</td><td style="width: 1%; text-align: left">%</td><td style="width: 24%">&#160;</td> <td style="width: 1%; text-align: left">&#160;</td><td style="width: 20%; text-align: right"><font style="font-family: Arial, Helvetica, Sans-Serif">-%</font></td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Switzerland</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">12.4</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#151;&#160;&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt">England</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#151;&#160;&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">3.6</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Germany</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#151;&#160;&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">0.1</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 5.4pt">Libya</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">0.2</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">0.1</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; padding-left: 5.4pt">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">42.4</td><td style="padding-bottom: 2.5pt; text-align: left">%</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">3.8</td><td style="padding-bottom: 2.5pt; text-align: left">%</td></tr> </table> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p>
CY2014 FONR Export Service Revenues
ExportServiceRevenues
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Foreign Service and Repair Fees, as a Percentage of Total Service and Repair Fees</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="7" style="text-align: center; border-bottom: Black 1pt solid">For the Years Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2013</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; 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FiniteLivedContractualRightsGross
4100000 usd
CY2014Q2 FONR Customer Relationships Intangible Asset
CustomerRelationshipsIntangibleAsset
3800000 usd
CY2013Q2 FONR Customer Relationships Intangible Asset
CustomerRelationshipsIntangibleAsset
3800000 usd
CY2014Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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GoodwillImpairedAccumulatedImpairmentLoss
-357500 usd
CY2014Q2 FONR Amoritization Of Other Intangible Assets
AmoritizationOfOtherIntangibleAssets
-1359093 usd
CY2013Q2 FONR Amoritization Of Other Intangible Assets
AmoritizationOfOtherIntangibleAssets
-866719 usd
CY2014Q2 FONR Total Facilities Owned Or Managed
TotalFacilitiesOwnedOrManaged
24 mricenter
CY2013Q2 FONR Total Facilities Owned Or Managed
TotalFacilitiesOwnedOrManaged
24 mricenter
CY2012Q2 FONR Total Facilities Owned Or Managed
TotalFacilitiesOwnedOrManaged
11 mricenter
CY2014Q2 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
5740287 usd
CY2013Q2 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
2935750 usd
CY2014Q2 us-gaap Goodwill
Goodwill
1767098 usd
CY2013Q2 us-gaap Goodwill
Goodwill
1767098 usd
CY2014Q2 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
583990 usd
CY2013Q2 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
461858 usd
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25311608 usd
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14114061 usd
CY2014 FONR Costs Related To Patient Fee Revenue
CostsRelatedToPatientFeeRevenue
7670484 usd
CY2013 FONR Costs Related To Patient Fee Revenue
CostsRelatedToPatientFeeRevenue
2704758 usd
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2682405 usd
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2473892 usd
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2014 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
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CY2013 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
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CY2014 FONR Loss On Management Agreement
LossOnManagementAgreement
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CY2013 FONR Loss On Management Agreement
LossOnManagementAgreement
357500 usd
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
95623 usd
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
120976 usd
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13360323 usd
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7539144 usd
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-19501 usd
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-80499 usd
CY2014 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
3955 usd
CY2013 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1885 usd
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-268261 usd
CY2013 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
253559 usd
CY2014 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
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CY2013 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
142217 usd
CY2014 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
68943 usd
CY2013 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-567914 usd
CY2014 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
295219 usd
CY2013 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-414402 usd
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-270482 usd
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
628033 usd
CY2014 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
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CY2013 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
40000000 usd
CY2014 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
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CY2013 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
700000 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1328315 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1347439 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1368582 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1329294 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1043968 usd
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4091245 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2890816 usd
CY2013Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2885769 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8481830 usd
CY2013Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12887005 usd
CY2014 us-gaap Income Tax Expense Benefit Extraordinary Items
IncomeTaxExpenseBenefitExtraordinaryItems
2682405 usd
CY2013 us-gaap Income Tax Expense Benefit Extraordinary Items
IncomeTaxExpenseBenefitExtraordinaryItems
2473892 usd
CY2014Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
130822 usd
CY2013Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
84136 usd
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2348312 usd
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2277891 usd
CY2014 FONR Foreign Product Sales
ForeignProductSales
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CY2013 FONR Foreign Product Sales
ForeignProductSales
.038 pure
CY2014 FONR Foreign Service And Repair Fees
ForeignServiceAndRepairFees
.088 pure
CY2013 FONR Foreign Service And Repair Fees
ForeignServiceAndRepairFees
.082 pure
CY2014 FONR Fonar2002 Plan Options Expired
Fonar2002PlanOptionsExpired
6610 shares
CY2014 FONR Fonar2002 Plan Options Outstanding
Fonar2002PlanOptionsOutstanding
0 shares
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
.34 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
.34 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
.06 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
.06 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-.09 pure
CY2014 us-gaap Advertising Expense
AdvertisingExpense
889000 usd
CY2013 us-gaap Advertising Expense
AdvertisingExpense
835000 usd
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
1885 usd
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
5838 usd
CY2014Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2014Q2 us-gaap Cash
Cash
8035000 usd
CY2014 FONR Net Revenues From Related Parties As Percentage Of Consolidated Net Revenues
NetRevenuesFromRelatedPartiesAsPercentageOfConsolidatedNetRevenues
0.11 pure
CY2013 FONR Net Revenues From Related Parties As Percentage Of Consolidated Net Revenues
NetRevenuesFromRelatedPartiesAsPercentageOfConsolidatedNetRevenues
0.16 pure
CY2014Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2374339 usd
CY2013Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2321858 usd
CY2014Q2 FONR Common Stock Available Under Stock Bonus Plan
CommonStockAvailableUnderStockBonusPlan
958367 shares
CY2014 FONR Shares Issued Under Stock Bonus Plan
SharesIssuedUnderStockBonusPlan
46708 shares
CY2013 FONR Shares Issued Under Stock Bonus Plan
SharesIssuedUnderStockBonusPlan
67870 shares
CY2002Q3 FONR Fonar2002 Plan Permitted Issuances Of Stock Options
Fonar2002PlanPermittedIssuancesOfStockOptions
100000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
.006 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.683 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-.762 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-.292 pure
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-.356 pure
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y
CY2014 FONR Percentage Of Pcs Net Revenue Derived From Nofault And Personal Injury Protection Claims
PercentageOfPcsNetRevenueDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.50 pure
CY2013 FONR Percentage Of Pcs Net Revenue Derived From Nofault And Personal Injury Protection Claims
PercentageOfPcsNetRevenueDerivedFromNofaultAndPersonalInjuryProtectionClaims
.41 pure
CY2014 FONR Percentage Of Consolidated Net Revenue From Management Fees
PercentageOfConsolidatedNetRevenueFromManagementFees
0.11 pure
CY2013 FONR Percentage Of Consolidated Net Revenue From Management Fees
PercentageOfConsolidatedNetRevenueFromManagementFees
0.16 pure
CY2014 us-gaap Lease And Rental Expense
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4571000 usd
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4035000 usd
CY2013 us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
690000 usd
CY2014 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
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CY2013 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
755000 usd
CY2014 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
2665000 usd
CY2014 FONR Recorded Sales Tax Obligations Interest And Penalties
RecordedSalesTaxObligationsInterestAndPenalties
2374000 usd
CY2014 FONR Recorded Provisions For Penalties Department Of Labor And Internal Revenue Service Regulations Concerning Requirements To File Form5500 To Report Activity Of Its401 K Employee Benefit Plan.
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250000 usd
CY2014 us-gaap Interest Paid
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668475 usd
CY2013 us-gaap Interest Paid
InterestPaid
389907 usd
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
349501 usd
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
277000 usd
CY2014 dei Entity Registrant Name
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Fonar Corporation
CY2014 dei Entity Central Index Key
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0000355019
CY2014 dei Document Type
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10-K
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 us-gaap Other Expenses
OtherExpenses
-4835 usd
CY2013 us-gaap Other Expenses
OtherExpenses
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CY2014 us-gaap Other Income
OtherIncome
-608599 usd
CY2013 us-gaap Other Income
OtherIncome
725488 usd
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Current Reporting Status
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Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q3 us-gaap Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
53200 usd
CY2014Q3 us-gaap Stock Issued During Period Shares Issued For Cash
StockIssuedDuringPeriodSharesIssuedForCash
5000 shares
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
5740287 usd
CY2014Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
583990 usd
CY2014Q2 FONR Net Operating Carryforwards
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54900136 usd
CY2013Q2 FONR Net Operating Carryforwards
NetOperatingCarryforwards
58052831 usd
CY2014Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
137252000 usd
CY2014Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
1133000 usd
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
6392000 usd
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5206000 usd
CY2014Q2 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
57750 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
2890816 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
305940 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
2782561 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
2440108 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
2372330 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
580891 usd
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
11372646 usd
CY2014Q2 FONR Managment And Other Fees Receivable Related Medical Practices Net Allowances
ManagmentAndOtherFeesReceivableRelatedMedicalPracticesNetAllowances
3426982 usd
CY2013Q2 FONR Managment And Other Fees Receivable Related Medical Practices Net Allowances
ManagmentAndOtherFeesReceivableRelatedMedicalPracticesNetAllowances
2381664 usd
CY2014Q2 FONR Accounts Receivable Service And Repair Fees
AccountsReceivableServiceAndRepairFees
4450125 usd
CY2013Q2 FONR Accounts Receivable Service And Repair Fees
AccountsReceivableServiceAndRepairFees
4443595 usd
CY2014Q2 FONR Medical Receivable
MedicalReceivable
8807856 usd
CY2013Q2 FONR Medical Receivable
MedicalReceivable
8126476 usd
CY2014Q2 FONR Management And Other Fees Non Related Parties
ManagementAndOtherFees_NonRelatedParties
11970388 usd
CY2013Q2 FONR Management And Other Fees Non Related Parties
ManagementAndOtherFees_NonRelatedParties
11465913 usd
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
657350 usd
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
CY2014Q2 us-gaap Shares Issued
SharesIssued
shares
CY2013Q2 us-gaap Shares Issued
SharesIssued
shares
CY2012Q2 us-gaap Shares Issued
SharesIssued
shares
CY2013 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30600 usd
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
CY2013 FONR Sale To Non Controlling Interest
SaleToNonControllingInterest
19800000 usd
CY2014 FONR Purchase Of Non Controlling Interest
PurchaseOfNonControllingInterest
usd
CY2013 FONR Purchase Of Non Controlling Interest
PurchaseOfNonControllingInterest
-564315 usd
CY2014Q2 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
1884984 usd
CY2013Q2 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
1482384 usd
CY2014Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
617592 usd
CY2013Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
303525 usd
CY2014Q2 us-gaap Billed Contract Receivables
BilledContractReceivables
-3013000 usd
CY2013Q2 us-gaap Billed Contract Receivables
BilledContractReceivables
-2370000 usd
CY2014Q2 FONR Estimated Earnings
EstimatedEarnings
1745608 usd
CY2013Q2 FONR Estimated Earnings
EstimatedEarnings
1191141 usd
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
-6610 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
-7412 shares
CY2014Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
9200000 usd
CY2014Q2 us-gaap Accrued Rent Current
AccruedRentCurrent
usd
CY2013Q2 us-gaap Accrued Rent Current
AccruedRentCurrent
147665 usd
CY2014Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
1926813 usd
CY2013Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
1857870 usd
CY2014Q2 FONR Management Agreements With Company Non Related Medical Practices
ManagementAgreementsWithCompanyNonRelatedMedicalPractices
17 mricenter
CY2014Q2 FONR Management Agreements With Company Related Medical Practices
ManagementAgreementsWithCompanyRelatedMedicalPractices
3 mricenter
CY2014Q2 FONR Management Agreements With Company Total Medical Practices
ManagementAgreementsWithCompanyTotalMedicalPractices
20 mricenter
CY2014 FONR Number Of Shares Upon Conversion Of Class C Common Included In Diluted Eps For Common Shareholders
NumberOfSharesUponConversionOfClassCCommonIncludedInDilutedEpsForCommonShareholders
127504 shares
CY2013 FONR Number Of Shares Upon Conversion Of Class C Common Included In Diluted Eps For Common Shareholders
NumberOfSharesUponConversionOfClassCCommonIncludedInDilutedEpsForCommonShareholders
127504 shares
CY2010Q3 FONR Shares Registered Under Form S8
SharesRegisteredUnderFormS8
2000000 shares
CY2005Q1 FONR Common Stock Authorized Under2005 Stock Option Plan
CommonStockAuthorizedUnder2005StockOptionPlan
80000 shares
CY2014 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
4418903 usd
CY2013Q1 FONR Controlling Interest Acquired By Company Of Health Diagnostics Management Llc Hdm
ControllingInterestAcquiredByCompanyOfHealthDiagnosticsManagementLlcHdm
0.505 pure
CY2013Q1 FONR Health Diagnostics Management Hdm Class Outside Investors Members Contribution
HealthDiagnosticsManagementHdmClassOutsideInvestorsMembersContribution
19800000 usd
CY2013Q1 FONR Health Diagnostics Management Hdm Class B Company Members Contribution
HealthDiagnosticsManagementHdmClassBCompanyMembersContribution
20200000 usd
CY2013Q1 FONR Company Total Capital Contribution
CompanyTotalCapitalContribution
14000000 usd
CY2013Q1 FONR Interest Rate Of Revolving Credit Loan
InterestRateOfRevolvingCreditLoan
0.04 pure
CY2013Q1 FONR Bank Revolving Credit Loan
BankRevolvingCreditLoan
3000000 usd
CY2014Q2 FONR Hmca Ownership Percentage Of Imperial
HmcaOwnershipPercentageOfImperial
.91 pure
CY2014Q2 FONR Fonar2005 Plan Shares Of Common Stock Available
Fonar2005PlanSharesOfCommonStockAvailable
70000 shares
CY2011Q2 FONR Private Placement Of Equity
PrivatePlacementOfEquity
6000000 usd
CY2014Q2 us-gaap Preferred Stock Redemption Amount
PreferredStockRedemptionAmount
1125100 usd
CY2013Q2 us-gaap Preferred Stock Redemption Amount
PreferredStockRedemptionAmount
14244900 usd
CY2014Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3742000 usd
CY2014Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
578000 usd
CY2014 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
usd
CY2013 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
usd
CY2014 FONR Average Monthly Payment For Stipulation Agreements
AverageMonthlyPaymentForStipulationAgreements
19552 usd
CY2014Q2 us-gaap Liability For Claims And Claims Adjustment Expense Disability Accident And Health
LiabilityForClaimsAndClaimsAdjustmentExpenseDisabilityAccidentAndHealth
344000 usd
CY2013Q2 us-gaap Liability For Claims And Claims Adjustment Expense Disability Accident And Health
LiabilityForClaimsAndClaimsAdjustmentExpenseDisabilityAccidentAndHealth
usd
CY2014 FONR Stoploss Umbrella Policy With3 Rd Paryinsurer To Limit Maximum Potential Liability For Individual Claims
StoplossUmbrellaPolicyWith3RdParyinsurerToLimitMaximumPotentialLiabilityForIndividualClaims
100000 usd
CY2014 FONR Export Sales Of Medical Equipment
ExportSalesOfMedicalEquipment
.424 pure
CY2013 FONR Export Sales Of Medical Equipment
ExportSalesOfMedicalEquipment
.038 pure
CY2013Q1 us-gaap Bank Loans
BankLoans
11000000 usd
CY2013Q1 us-gaap Federal Home Loan Bank Advances Interest Rate
FederalHomeLoanBankAdvancesInterestRate
0.0475 pure
FONR Number Of Consecutive Installments
NumberOfConsecutiveInstallments
60 installments
CY2014 FONR Acquisition
Acquisition
mricenter
CY2013 FONR Acquisition
Acquisition
14 mricenter
CY2014 FONR Internal Development
InternalDevelopment
1 mricenter
CY2013 FONR Internal Development
InternalDevelopment
mricenter
CY2014 FONR Managed Facilities Closed
ManagedFacilitiesClosed
1 mricenter
CY2013 FONR Managed Facilities Closed
ManagedFacilitiesClosed
1 mricenter
CY2014 FONR Net Management Fee Receivables From Related Medical Practices Of Consolidated Accounts Receivable
NetManagementFeeReceivablesFromRelatedMedicalPracticesOfConsolidatedAccountsReceivable
0.12 pure
CY2013 FONR Net Management Fee Receivables From Related Medical Practices Of Consolidated Accounts Receivable
NetManagementFeeReceivablesFromRelatedMedicalPracticesOfConsolidatedAccountsReceivable
0.09 pure
CY2010Q2 FONR Shares Reserved For2010 Stock Bonus Plan
SharesReservedFor2010StockBonusPlan
2000000 shares
CY2013Q2 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
.50 pure
CY2010Q2 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
.152 pure
CY2011Q1 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
.348 pure
CY2013Q2 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
700000 usd
CY2011Q1 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
400000 usd
FONR Controlling Interest Description
ControllingInterestDescription
The Company also has a 50% controlling interest in an entity which the Company consolidates, that provides management services to a diagnostic center in the New York Metropolitan area. The center began operations during January 2012. The noncontrolling interest as of June 30, 2014 and 2013 aggregated $531,474 and $559,221, respectively.

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