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Note 12 - Business Segment Information | 12 Months Ended
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Dec. 31, 2017
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 2017, one customer accounted for 12% of the waste management services segment’s net operating revenues to external customers and 9% of the consolidated net operating revenues. In 2016, no customer individually accounted for 10% or more of Avalon’s consolidated net operating revenues. The accounting policies of the segments are consistent with those described for the consolidated financial statements in the summary of si gnificant 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):
|  | 2017 |  |  | 2016 |
Net operating revenues from: |  |  |  |  |  |  |  |
Waste management services: |  |  |  |  |  |  |  |
External customer revenues |  | $ | 38,398 |  |  | $ | 44,306 |
Intersegment revenues |  |  | - |  |  |  | - |
Total waste management services |  |  | 38,398 |  |  |  | 44,306 |
Golf and related operations: |  |  |  |  |  |  |  |
External customer revenues |  |  | 17,450 |  |  |  | 17,046 |
Intersegment revenues |  |  | 67 |  |  |  | 70 |
Total golf and related operations |  |  | 17,517 |  |  |  | 17,116 |
Segment operating revenues |  |  | 55,915 |  |  |  | 61,422 |
Intersegment eliminations |  |  | (67 | ) |  |  | (70 | )
Total net operating revenues |  | $ | 55,848 |  |  | $ | 61,352 |
Income (loss) before income taxes: |  |  |  |  |  |  |  |
Waste management services |  | $ | 2,671 |  |  | $ | 2,777 |
Golf and related operations |  |  | 294 |  |  |  | 254 |
Segment income before taxes |  |  | 2,965 |  |  |  | 3,031 |
Corporate interest expense |  |  | (650 | ) |  |  | (361 | )
Corporate other income (expense), net |  |  | (7 | ) |  |  | 9 |
General corporate expenses |  |  | (3,002 | ) |  |  | (2,963 | )
Loss before income taxes |  | $ | (694 | ) |  | $ | (284 | )
|  | 2017 |  |  | 2016 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |
Waste management services |  | $ | 631 |  |  | $ | 645 |
Golf and related operations |  |  | 2,204 |  |  |  | 1,998 |
Corporate |  |  | 161 |  |  |  | 173 |
Total depreciation and amortization expense |  | $ | 2,996 |  |  | $ | 2,816 |
Interest expense : |  |  |  |  |  |  |  |
Waste management service s |  | $ | 1 |  |  | $ | 3 |
Golf and related operation s |  |  | 48 |  |  |  | 15 |
Corporat e |  |  | 650 |  |  |  | 361 |
Total interest expens e |  | $ | 699 |  |  | $ | 379 |
Capital expenditures: |  |  |  |  |  |  |  |
Waste management services |  | $ | 115 |  |  | $ | 14 |
Golf and related operations |  |  | 2,417 |  |  |  | 3,296 |
Corporate |  |  | 28 |  |  |  | 79 |
Total capital expenditures |  | $ | 2,560 |  |  | $ | 3,389 |
Total assets: |  |  |  |  |  |  |  |
Waste management services |  | $ | 26,449 |  |  | $ | 25,015 |
Golf and related operations |  |  | 45,188 |  |  |  | 44,728 |
Corporate |  |  | 49,549 |  |  |  | 51,937 |
Subtotal |  |  | 121,186 |  |  |  | 121,680 |
Elimination of intersegment receivables |  |  | (55,808 | ) |  |  | (53,782 | )
Total assets |  | $ | 65,378 |  |  | $ | 67,898 |
In comparing the total assets at December 31, 2017 with those at December 31, 2016, the increase in total assets of the waste management services segment of $1.4 million is primarily a result of an increase in intersegment transactions, which are eliminated in consolidation, partially offset by a decrease in accounts receivable and to a lesser extent 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 $0.5 million is primarily due to golf course maintenance equipment acquired under capital lease agreements and capital expenditures related to the continued renovation and expansion of The Avalon Inn partially offset by current year depreciation on property and equipment and, to a lesser extent, an increase in accounts receivable. The decrease in corporate total assets of $2.4 million is primarily due to a decrease in cash and cash equivalents utilized for the continued renovation and expansion of The Avalon Inn and required monthly cash payments made on the term loan facility and a decrease in intersegment transactions, which are eliminated in consolidation.

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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