XML 11 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Jun. 30, 2017
Current Assets:    
Cash and cash equivalents $ 14,194 $ 10,140
Accounts receivable - net 4,222 4,322
Accounts receivable - Related party 60  
Medical receivables -net 12,480 11,745
Management and other fees receivable -net 20,268 18,594
Management and other fees receivable - related medical practices -net 5,222 4,959
Inventories 1,696 1,624
Costs and estimated earnings in excess of billings on uncompleted contracts 736 736
Prepaid expenses and other current assets 1,368 1,294
Total Current Assets 60,246 53,414
Deferred income tax asset 17,287 17,862
Property and equipment - net 16,986 16,462
Goodwill 3,985 3,927
Other intangible assets - net 6,076 6,645
Other assets 603 453
Total Assets 105,183 98,763
Current Liabilities:    
Current portion of long-term debt and capital leases 95 180
Accounts payable 1,365 1,423
Other current liabilities 6,662 7,203
Unearned revenue on service contracts 4,520 4,642
Unearned revenue on service contracts - related parties 55  
Customer advances 898 788
Total Current Liabilities 13,595 14,236
Long-Term Liabilities:    
Deferred income tax liability 332 332
Due to related medical practices 227 227
Long-term debt and capital leases, less current portion 323 337
Other liabilities 711 721
Total Long-Term Liabilities 1,593 1,617
Total Liabilities 15,188 15,853
STOCKHOLDERS' EQUITY:    
Common Stock   1
Paid-in capital in excess of par value 179,131 179,131
Accumulated deficit 93,095 (101,003)
Notes receivable from employee stockholders (13) (17)
Treasury stock, at cost - 12 shares of common stock at December 31, 2017 and June 30, 2017 (675) (675)
Total Fonar Corporation Stockholders' Equity 85,349 77,437
Non controlling interests 4,646 5,473
Total Stockholders' Equity 89,995 82,910
Total Liabilities and Stockholders' Equity $ 105,183 $ 98,763