$JANL
JANEL CORP Stock $janl

$janl Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000114420416117789 Filed on August 09, 2016

Income Statement

Concept	2016 Q2	2015 Q3	2015 Q2
Revenue	$17.51M	$27.56M	$16.65M
YoY Change	5.13%	82.64%	49.72%
Cost Of Revenue	$13.12M	$23.94M	$13.86M
YoY Change	-5.34%	82.19%	44.38%
Gross Profit	$4.387M	$3.620M	$2.790M
YoY Change	57.23%	85.64%	83.55%
Gross Profit Margin	25.06%	13.13%	16.76%
Selling, General & Admin	$3.461M	$3.040M	$2.242M
YoY Change	54.37%	68.89%	44.97%
% of Gross Profit	78.9%	83.98%	80.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$230.0K	$90.00K	$70.00K
YoY Change	228.57%	350.0%
% of Gross Profit	5.24%	2.49%	2.51%
Operating Expenses	$16.78M	$2.800M	$16.18M
YoY Change	3.7%	56.42%	45.1%
Operating Profit	$722.6K	$820.0K	$466.8K
YoY Change	54.77%	412.5%	-1557.43%
Interest Expense	-$199.9K	-$130.0K	-$116.9K
YoY Change	70.94%	116.67%	202.71%
% of Operating Profit	-27.66%	-15.85%	-25.05%
Other Income/Expense, Net		-$240.0K	-$116.9K
YoY Change		2300.0%	202.71%
Pretax Income	$522.7K	$690.0K	$349.9K
YoY Change	49.37%	590.0%	-595.19%
Income Tax	$36.60K	$120.0K	$17.77K
% Of Pretax Income	7.0%	17.39%	5.08%
Net Earnings	$449.1K	$450.0K	$286.4K
YoY Change	56.82%	542.86%	-386.4%
Net Earnings / Revenue	2.57%	1.63%	1.72%
Basic Earnings Per Share	$0.55		$0.41
Diluted Earnings Per Share	$0.51	$750.0K	$0.38
COMMON SHARES
Basic Shares Outstanding	574.0K shares		556.8K shares
Diluted Shares Outstanding	622.6K shares		589.5K shares

Balance Sheet

Concept	2016 Q2	2015 Q3	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$580.0K	$940.0K	$320.0K
YoY Change	81.25%	42.42%	33.33%
Cash & Equivalents	$575.9K	$942.7K	$323.6K
Short-Term Investments
Other Short-Term Assets	$260.0K	$200.0K	$160.0K
YoY Change	62.5%	-9.09%	33.33%
Inventory	$410.9K	$0.00
Prepaid Expenses
Receivables	$11.14M	$13.08M	$9.870M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$12.39M	$14.23M	$10.36M
YoY Change	19.63%	50.57%	131.23%
LONG-TERM ASSETS
Property, Plant & Equipment	$212.2K	$77.49K	$70.00K
YoY Change	203.09%	365.42%	271.31%
Goodwill		$1.337M
YoY Change		-50.57%
Intangibles		$5.262M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$21.16M	$9.406M	$100.0K
YoY Change	21055.84%	29.77%	66.67%
Total Long-Term Assets	$21.37M	$9.483M	$7.100M
YoY Change	200.96%	30.54%	10946.63%
TOTAL ASSETS
Total Short-Term Assets	$12.39M	$14.23M	$10.36M
Total Long-Term Assets	$21.37M	$9.483M	$7.100M
Total Assets	$33.76M	$23.71M	$17.46M
YoY Change	93.37%	41.86%	282.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.22M	$11.90M	$9.420M
YoY Change	8.49%	48.01%	204.85%
Accrued Expenses	$1.527M	$613.8K	$600.0K
YoY Change	154.5%	94.94%	152.84%
Deferred Revenue
YoY Change
Short-Term Debt	$6.460M	$5.980M	$2.950M
YoY Change	118.98%	49.5%	192.08%
Long-Term Debt Due	$480.0K	$0.00	$490.0K
YoY Change	-2.04%	-100.0%
Total Short-Term Liabilities	$17.91M	$19.24M	$13.45M
YoY Change	33.11%	50.05%	209.91%
LONG-TERM LIABILITIES
Long-Term Debt	$5.000M	$0.00	$910.0K
YoY Change	449.45%	-100.0%
Other Long-Term Liabilities		$80.00K	$80.00K
YoY Change		0.0%	0.0%
Total Long-Term Liabilities	$6.929M	$997.4K	$990.0K
YoY Change	599.85%	5.66%	1160.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.91M	$19.24M	$13.45M
Total Long-Term Liabilities	$6.929M	$997.4K	$990.0K
Total Liabilities	$24.84M	$20.24M	$14.44M
YoY Change	72.0%	47.01%	226.73%
SHAREHOLDERS EQUITY
Retained Earnings	-$4.923M	-$4.963M
YoY Change		-7.42%
Common Stock	$574.00	$574.00	$560.00
YoY Change	2.5%	3.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$8.510M	$3.474M	$3.020M
YoY Change
Total Liabilities & Shareholders Equity	$33.76M	$23.71M	$17.46M
YoY Change	93.37%	41.86%	282.6%

Cashflow Statement

Concept	2016 Q2	2015 Q3	2015 Q2
OPERATING ACTIVITIES
Net Income	$449.1K	$450.0K	$286.4K
YoY Change	56.82%	542.86%	-386.4%
Depreciation, Depletion And Amortization	$230.0K	$90.00K	$70.00K
YoY Change	228.57%	350.0%
Cash From Operating Activities	-$580.0K	$30.00K	$1.520M
YoY Change	-138.16%	-103.16%	-323.53%
INVESTING ACTIVITIES
Capital Expenditures	-$20.00K	$30.00K	$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	-$2.510M	$0.00
YoY Change		-42.43%
Cash From Investing Activities	-$20.00K	-$2.490M	$0.00
YoY Change		-42.89%	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	60.00K	3.070M	-1.390M
YoY Change	-104.32%	-46.52%	3375.0%
NET CHANGE
Cash From Operating Activities	-580.0K	30.00K	1.520M
Cash From Investing Activities	-20.00K	-2.490M	0.000
Cash From Financing Activities	60.00K	3.070M	-1.390M
Net Change In Cash	-540.0K	610.0K	130.0K
YoY Change	-515.38%	41.86%	-117.81%
FREE CASH FLOW
Cash From Operating Activities	-$580.0K	$30.00K	$1.520M
Capital Expenditures	-$20.00K	$30.00K	$0.00
Free Cash Flow	-$560.0K	$0.00	$1.520M
YoY Change	-136.84%	-100.0%	-326.87%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	200708	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	12393939	USD
CY2015Q3	us-gaap	Assets Current AssetsCurrent	14228302	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	212162	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	77492	USD
CY2016Q2	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	103258	USD
CY2015Q3	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	103258	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	21155835	USD
CY2015Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9405911	USD
CY2016Q2	us-gaap	Assets Assets	33761936	USD
CY2015Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	860480	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	575901	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	942748	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	11142182	USD
CY2015Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	13084846	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	264987	USD
CY2016Q2	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	21052577	USD
CY2015Q3	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	9302653	USD
CY2015Q3	us-gaap	Assets Assets	23711705	USD
CY2016Q2	us-gaap	Notes Payable To Bank Current NotesPayableToBankCurrent	6462346	USD
CY2015Q3	us-gaap	Notes Payable To Bank Current NotesPayableToBankCurrent	5983111	USD
CY2016Q2	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	9438083	USD
CY2015Q3	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	11901042	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1526970	USD
CY2016Q2	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	480736	USD
CY2015Q3	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	495960	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	17908136	USD
CY2015Q3	us-gaap	Liabilities Current LiabilitiesCurrent	19240593	USD
CY2016Q2	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	476017	USD
CY2015Q3	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	918839	USD
CY2016Q2	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	78568	USD
CY2015Q3	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	78568	USD
CY2016Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6928553	USD
CY2015Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	997407	USD
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	12879813	USD
CY2015Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	8435667	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	574	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	574	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4923060	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4962563	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	33761936	USD
CY2016Q2	us-gaap	Liabilities Liabilities	24836688	USD
CY2015Q3	us-gaap	Liabilities Liabilities	20238000	USD
CY2016Q2	us-gaap	Inventory Net InventoryNet	410869	USD
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4999994	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	23711705	USD
CY2016Q2	us-gaap	Deferred Tax Liabilities Gross Noncurrent DeferredTaxLiabilitiesGrossNoncurrent	1373974	USD
CY2016Q2	us-gaap	Minority Interest MinorityInterest	967884	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8925247	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3473705	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	56728456	USD
	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	44171758	USD
	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	39203833	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	9798908	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7034517	USD
	us-gaap	Operating Expenses OperatingExpenses	55640459	USD
	us-gaap	Operating Expenses OperatingExpenses	46462350	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1087997	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	719877	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-476665	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-373612	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	611332	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	346265	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	75181	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25773	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	536151	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	320492	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-184845	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-128129	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	262165	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	180940	USD
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	17505453	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	16650954	USD
CY2016Q2	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	12157139	USD
CY2015Q2	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	13861741	USD
CY2016Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3460936	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	16782899	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	722554	USD
CY2016Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-199892	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	522662	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	349908	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17773	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	486058	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	332135	USD
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-1668	USD
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-45778	USD
CY2016Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	133819	USD
CY2015Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	60313	USD
CY2016Q2	us-gaap	Manufacturing Costs ManufacturingCosts	961587	USD
CY2015Q2	us-gaap	Manufacturing Costs ManufacturingCosts	0	USD
	us-gaap	Manufacturing Costs ManufacturingCosts	1266878	USD
	us-gaap	Manufacturing Costs ManufacturingCosts	0	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	35331	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	449059	USD
	us-gaap	Net Income Loss NetIncomeLoss	301670	USD
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	556779	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	573951	shares
CY2016Q2	us-gaap	Profit Loss ProfitLoss	484390	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	286357	USD
	us-gaap	Profit Loss ProfitLoss	351306	USD
	us-gaap	Profit Loss ProfitLoss	192363	USD
	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	4352663	USD
	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	918248	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-184845	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-10630	USD
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	62592	USD
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	14135	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	91492	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	59533	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	323580	USD
	janl	Amortization Of Imputed Interest AmortizationOfImputedInterest	61339	USD
	us-gaap	Interest Paid InterestPaid	316348	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	20371	USD
	janl	Proceeds From Escrow Acquisition Refund ProceedsFromEscrowAcquisitionRefund	0	USD
	janl	Proceeds From Escrow Acquisition Refund ProceedsFromEscrowAcquisitionRefund	20830	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	341	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	49397	USD
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	10734663	USD
	us-gaap	Noncash Or Part Noncash Acquisition Intangible Assets Acquired1 NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1	0	USD
	us-gaap	Noncash Or Part Noncash Acquisition Intangible Assets Acquired1 NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1	12102838	USD
CY2014Q3	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	5691245	USD
CY2014Q3	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	4358773	USD
CY2014Q3	janl	Employment Agreement Annual Salary EmploymentAgreementAnnualSalary	200000	USD
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	40000	shares
CY2014Q3	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	3.25
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	2987487	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsMarketableSecurities	19150	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	654	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	1446	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	4501561	USD
CY2014Q3	us-gaap	Goodwill Goodwill	2704069	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet	5691245	USD
CY2014Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	4480000	USD
CY2015Q3	us-gaap	Officers Compensation OfficersCompensation	30000	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	2677492	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	133077	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	48308	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	33585	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	2834390	USD
CY2015Q3	us-gaap	Goodwill Goodwill	1336570	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet	2494642	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	320000	USD
CY2015Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	780000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	377653	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	620632	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	109333	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	155050	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	1690202	USD
CY2016Q1	us-gaap	Goodwill Goodwill	4402838	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet	11000000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	7700000	USD
CY2016Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory	372212	USD
CY2016Q1	us-gaap	Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue	918258	USD
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	12102839	USD
CY2014Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	3500000	USD
CY2016Q2	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	956753	USD
CY2015Q3	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	1414799	USD
	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	0	USD
	us-gaap	Disposal Group Including Discontinued Operation General And Administrative Expense DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense	128129	USD
	us-gaap	Disposal Group Including Discontinued Operation Depreciation And Amortization DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Income Loss DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss	128129	USD
	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Costs Of Goods Sold DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold	0	USD
	us-gaap	Disposal Group Including Discontinued Operation General And Administrative Expense DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense	184845	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Income Loss DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss	184845	USD
	us-gaap	Disposal Group Including Discontinued Operation Interest Expense DisposalGroupIncludingDiscontinuedOperationInterestExpense	0	USD
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4500000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000	shares
CY2015Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	14000	shares
CY2015Q3	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	3.25
CY2015Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	45500	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	16000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.50
CY2016Q1	janl	Sharebased Compensation Arrangement By Sharebased Payment Award Options Grants In Period Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodGrantDateFairValue	33665	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	33665	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	JANEL CORP
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	JANL
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	573951	shares
	dei	Entity Central Index Key EntityCentralIndexKey	0001133062
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.064
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.019
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	573951	shares
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	230000	USD
CY2015Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	230000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	717568	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	717568	USD
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000	shares
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4500000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	573951	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	573951	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	573951	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	573951	shares
	janl	Proceeds From Sale Of Stock ProceedsFromSaleOfStock	4352663	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	854725	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	773411	USD
CY2014Q3	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	4358773	USD
CY2015Q4	us-gaap	Debt Instrument Annual Principal Payment DebtInstrumentAnnualPrincipalPayment	500000	USD
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	203237	USD
CY2015Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	74668	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	402915	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	224001	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2015Q3	us-gaap	Minority Interest MinorityInterest		USD
CY2016Q1	janl	Business Acquisition Goodwill Percentage BusinessAcquisitionGoodwillPercentage	0.66	pure
CY2016Q2	us-gaap	Temporary Equity Aggregate Amount Of Redemption Requirement TemporaryEquityAggregateAmountOfRedemptionRequirement	0	USD
CY2015Q3	us-gaap	Temporary Equity Aggregate Amount Of Redemption Requirement TemporaryEquityAggregateAmountOfRedemptionRequirement		USD
CY2015Q3	us-gaap	Deferred Tax Liabilities Gross Noncurrent DeferredTaxLiabilitiesGrossNoncurrent		USD
CY2016Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	129258	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	5479229	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-1053079	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	11250	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	11250	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	315240	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	226044	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39505	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	11423	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.847
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.597
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.934
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.576
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.781
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.563
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.873
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.544
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.003
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.082
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.322
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.230
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.003
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.078
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.549
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.406
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.069
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.021
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	556779	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	622624	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	589484	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	613865	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	589484	shares
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	480736	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	476017	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	956753	USD
CY2016Q2	us-gaap	Revenues Revenues	17505453	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	4386727	USD
CY2016Q2	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	19797	USD
	us-gaap	Revenues Revenues	56728456	USD
	us-gaap	Gross Profit GrossProfit	11289820	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	307550	USD
CY2015Q3	us-gaap	Inventory Net InventoryNet		USD

Files In Submission

Name	View Source	Status
0001144204-16-117789-index-headers.html	Edgar Link	pending
0001144204-16-117789-index.html	Edgar Link	pending
0001144204-16-117789.txt	Edgar Link	pending
0001144204-16-117789-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
janl-20160630.xml	Edgar Link	completed
janl-20160630.xsd	Edgar Link	pending
janl-20160630_cal.xml	Edgar Link	unprocessable
janl-20160630_def.xml	Edgar Link	unprocessable
janl-20160630_lab.xml	Edgar Link	unprocessable
janl-20160630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
v445741_10q.htm	Edgar Link	pending
v445741_ex31-1.htm	Edgar Link	pending
v445741_ex31-2.htm	Edgar Link	pending
v445741_ex32-1.htm	Edgar Link	pending

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$JANL
JANEL CORP Stock $janl

2016 Q2 Form 10-Q Financial Statement

#000114420416117789 Filed on August 09, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JANL JANEL CORP Stock $janl

2016 Q2 Form 10-Q Financial Statement

#000114420416117789 Filed on August 09, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JANL
JANEL CORP Stock $janl