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Note 12 - Business Segment Information | 12 Months Ended
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Dec. 31, 2016
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | Note 12. Business Segment Information In determining the segment information, Avalon considered its operating and management structure and the types of information subject to regular review by its “chief operating decision maker.” Using the criteria of FASB ASC 280 Segment Reporting , Avalon’s reportable segments include waste management services and golf and related operations. Avalon accounts for intersegment net operating revenues as if the transactions were to third parties. The segment disclosures are presented on this basis for all years presented. Avalon’s primary business segment, the waste management services segment, provides hazardous and nonhazardous brokerage and management services to industrial, commercial, municipal and governmental customers, captive landfill management for an industrial customer and salt water injection well operations. Avalon’s golf and related operations segment consists of three golf courses and associated clubhouses which provide dining and banquet facilities, a hotel which provides lodging, dining, banquet and conference facilities and a travel agency. Revenue for the golf and related operations segment consists primarily of membership dues, greens fees, cart rentals, room rentals, merchandise sales, tennis and fitness activities, spa services and food and beverage sales. Avalon does not have significant operations located outside the United States and, accordingly, geographical segment information is not presented. In 2016, no customer individually accounted for 10% or more of Avalon’s consolidated net operating revenues. In 2015, one customer accounted for 11% of the waste management services segment’s net operating revenues to external customers and 8% of the consolidated net operating revenues. The accounting policies of the segments are consistent with those described for the consolidated financial statements in the summary of significant accounting policies (See Note 2). Avalon measures segment profit for internal reporting purposes as income (loss) before taxes. Business segment information including the reconciliation of segment income to consolidated loss before taxes is as follows (in thousands):
|  | 2016 |  |  | 2015 |
Net operating revenues from: |  |  |  |  |  |  |  |
Waste management services: |  |  |  |  |  |  |  |
External customer revenues |  | $ | 44,306 |  |  | $ | 38,278 |
Intersegment revenues |  |  | - |  |  |  | - |
Total waste management services |  |  | 44,306 |  |  |  | 38,278 |
Golf and related operations: |  |  |  |  |  |  |  |
External customer revenues |  |  | 17,046 |  |  |  | 14,812 |
Intersegment revenues |  |  | 70 |  |  |  | 90 |
Total golf and related operations |  |  | 17,116 |  |  |  | 14,902 |
Segment operating revenues |  |  | 61,422 |  |  |  | 53,180 |
Intersegment eliminations |  |  | (70 | ) |  |  | (90 | )
Total net operating revenues |  | $ | 61,352 |  |  | $ | 53,090 |
Income (loss) before income taxes: |  |  |  |  |  |  |  |
Waste management services |  | $ | 2,777 |  |  | $ | 1,758 |
Golf and related operations |  |  | 254 |  |  |  | (26 | )
Segment income before taxes |  |  | 3,031 |  |  |  | 1,732 |
Corporate interest expense |  |  | (361 | ) |  |  | (130 | )
Corporate other income, net |  |  | 9 |  |  |  | 24 |
General corporate expenses |  |  | (2,963 | ) |  |  | (2,789 | )
Loss before income taxes |  | $ | (284 | ) |  | $ | (1,163 | )
|  | 2016 |  |  | 2015 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |
Waste management services |  | $ | 645 |  |  | $ | 646 |
Golf and related operations |  |  | 1,998 |  |  |  | 1,732 |
Corporate |  |  | 173 |  |  |  | 182 |
Total |  | $ | 2,816 |  |  | $ | 2,560 |
Interest expense: |  |  |  |  |  |  |  |
Waste management services |  | $ | 3 |  |  | $ | 4 |
Golf and related operations |  |  | 15 |  |  |  | 13 |
Corporate |  |  | 361 |  |  |  | 130 |
Total |  | $ | 379 |  |  | $ | 147 |
Capital expenditures: |  |  |  |  |  |  |  |
Waste management services |  | $ | 14 |  |  | $ | 10 |
Golf and related operations |  |  | 3,296 |  |  |  | 8,769 |
Corporate |  |  | 79 |  |  |  | 14 |
Total |  | $ | 3,389 |  |  | $ | 8,793 |
Total assets: |  |  |  |  |  |  |  |
Waste management services |  | $ | 25,015 |  |  | $ | 22,575 |
Golf and related operations |  |  | 44,728 |  |  |  | 43,390 |
Corporate |  |  | 51,937 |  |  |  | 47,800 |
Subtotal |  |  | 121,680 |  |  |  | 113,765 |
Elimination of intersegment receivables |  |  | (53,782 | ) |  |  | (51,463 | )
Total |  | $ | 67,898 |  |  | $ | 62,302 |
I n comparing the total assets at December 31, 2016 with those at December 31, 2015, the increase in total assets of the waste management services segment of $2.4 million is primarily due to an increase in accounts receivable and intersegment transactions, which are eliminated in consolidation, partially offset by a lower net book value of property and equipment as a result of current year depreciation on the salt water injection wells. The increase in total assets of the golf and related operations segment of $1.3 million is primarily due to capital expenditures related to the renovation and expansion of The Avalon Inn and to a lesser extent an increase in accounts receivable partially offset by current year depreciation on property and equipment. The increase in corporate total assets is largely due to restricted cash of $2.9 million received in conjunction with our Term Loan Agreement and to a lesser extent an increase in cash and cash equivalents and intersegment transactions. This increase was partially offset by current year depreciation on property and equipment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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