Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 3,680,000us-gaap_Cash $ 333,000us-gaap_Cash
Restricted cash 85,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 35,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowance for doubtful accounts of $2,170 and $1,932, respectively 8,272,000us-gaap_AccountsReceivableNetCurrent 8,241,000us-gaap_AccountsReceivableNetCurrent
Unbilled receivables - current 7,177,000pesi_UnbilledContractsReceivableCurrent 4,917,000pesi_UnbilledContractsReceivableCurrent
Inventories 498,000us-gaap_InventoryNet 520,000us-gaap_InventoryNet
Prepaid and other assets 3,010,000pesi_PrepaidAndOtherAssets 2,949,000pesi_PrepaidAndOtherAssets
Deferred tax asset - current 385,000us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 460,000us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Current assets related to discontinued operations 20,000pesi_AssetsOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleCurrent 3,114,000pesi_AssetsOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleCurrent
Total current assets 23,127,000us-gaap_AssetsCurrent 20,569,000us-gaap_AssetsCurrent
Property and equipment:    
Buildings and land 19,863,000pesi_BuildingsAndLand 19,486,000pesi_BuildingsAndLand
Equipment 35,933,000us-gaap_MachineryAndEquipmentGross 35,279,000us-gaap_MachineryAndEquipmentGross
Vehicles 403,000pesi_Vehicles 610,000pesi_Vehicles
Leasehold improvements 11,613,000us-gaap_LeaseholdImprovementsGross 11,625,000us-gaap_LeaseholdImprovementsGross
Office furniture and equipment 1,799,000us-gaap_FurnitureAndFixturesGross 2,046,000us-gaap_FurnitureAndFixturesGross
Construction-in-progress 336,000us-gaap_ConstructionInProgressGross 630,000us-gaap_ConstructionInProgressGross
69,947,000us-gaap_PropertyPlantAndEquipmentGross 69,676,000us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation and amortization (47,123,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (43,616,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property and equipment 22,824,000us-gaap_PropertyPlantAndEquipmentNet 26,060,000us-gaap_PropertyPlantAndEquipmentNet
Property and equipment related to discontinued operations 681,000pesi_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentIncludingNotHeldForSale 1,367,000pesi_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentIncludingNotHeldForSale
Intangibles and other long term assets:    
Permits 16,709,000pesi_Permits 16,744,000pesi_Permits
Goodwill 0us-gaap_Goodwill 1,330,000us-gaap_Goodwill
Other intangible assets - net 2,435,000us-gaap_OtherIntangibleAssetsNet 2,980,000us-gaap_OtherIntangibleAssetsNet
Unbilled receivables – non-current 273,000pesi_UnbilledContractsReceivableNonCurrent 302,000pesi_UnbilledContractsReceivableNonCurrent
Finite risk sinking fund 21,334,000pesi_FiniteRiskSinkingFund 21,307,000pesi_FiniteRiskSinkingFund
Other assets 1,253,000us-gaap_OtherAssetsNoncurrent 1,401,000us-gaap_OtherAssetsNoncurrent
Total assets 88,636,000us-gaap_Assets [1] 92,060,000us-gaap_Assets [1]
Current liabilities:    
Accounts payable 5,350,000us-gaap_AccountsPayableCurrent 5,462,000us-gaap_AccountsPayableCurrent
Accrued expenses 4,540,000us-gaap_AccruedLiabilitiesCurrent 5,201,000us-gaap_AccruedLiabilitiesCurrent
Disposal/transportation accrual 1,737,000pesi_DisposalTransportationAccrual 1,385,000pesi_DisposalTransportationAccrual
Unearned revenue 4,873,000us-gaap_DeferredRevenueCurrent 4,149,000us-gaap_DeferredRevenueCurrent
Current liabilities related to discontinued operations 2,137,000pesi_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleCurrent 3,994,000pesi_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleCurrent
Current portion of long-term debt 2,319,000pesi_CurrentPortionOfLongtermDebtExcludingRelatedParty 2,462,000pesi_CurrentPortionOfLongtermDebtExcludingRelatedParty
Current portion of long-term debt - related party 1,414,000pesi_LongtermDebtRelatedPartyCurrent 414,000pesi_LongtermDebtRelatedPartyCurrent
Total current liabilities 22,370,000us-gaap_LiabilitiesCurrent 23,067,000us-gaap_LiabilitiesCurrent
Accrued closure costs 5,508,000us-gaap_AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent 5,222,000us-gaap_AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
Other long-term liabilities 803,000us-gaap_OtherLiabilitiesNoncurrent 739,000us-gaap_OtherLiabilitiesNoncurrent
Deferred tax liabilities 5,391,000us-gaap_DeferredTaxLiabilitiesNoncurrent 4,927,000us-gaap_DeferredTaxLiabilitiesNoncurrent
Long-term liabilities related to discontinued operations 590,000pesi_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleNoncurrent 602,000pesi_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationIncludingNotHeldForSaleNoncurrent
Long-term debt, less current portion 6,690,000pesi_LongtermDebtLessCurrentPortionExcludingRelatedParty 9,009,000pesi_LongtermDebtLessCurrentPortionExcludingRelatedParty
Long-term debt, less current portion - related party 949,000pesi_LongtermDebtExcludingCurrentMaturitiesRelatedParty 2,363,000pesi_LongtermDebtExcludingCurrentMaturitiesRelatedParty
Total long-term liabilities 19,931,000us-gaap_LiabilitiesNoncurrent 22,862,000us-gaap_LiabilitiesNoncurrent
Total liabilities 42,301,000us-gaap_Liabilities 45,929,000us-gaap_Liabilities
Commitments and Contingencies (Note 13) 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies
Series B Preferred Stock of subsidiary, $1.00 par value; 1,467,396 shares authorized, 1,284,730 shares issued and outstanding, liquidation value $1.00 per share plus accrued and unpaid dividends of $803 and $739, respectively 1,285,000pesi_PreferredStockOfSubsidiaryValue 1,285,000pesi_PreferredStockOfSubsidiaryValue
Stockholders' Equity:    
Common Stock, $.001 par value; 30,000,000 and 75,000,000 shares authorized, respectively; 11,476,485 and 11,406,573 shares issued, respectively; 11,468,843 and 11,398,931 shares outstanding, respectively 11,000us-gaap_CommonStockValueOutstanding 11,000us-gaap_CommonStockValueOutstanding
Additional paid-in capital 103,765,000us-gaap_AdditionalPaidInCapital 103,454,000us-gaap_AdditionalPaidInCapital
Accumulated deficit (59,758,000)us-gaap_RetainedEarningsAccumulatedDeficit (58,533,000)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 11,000us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax 2,000us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
Less Common Stock in treasury, at cost; 7,642 shares (88,000)us-gaap_TreasuryStockValue (88,000)us-gaap_TreasuryStockValue
Total Perma-Fix Environmental Services, Inc. stockholders' equity 43,941,000us-gaap_StockholdersEquity 44,846,000us-gaap_StockholdersEquity
Non-controlling interest 1,109,000us-gaap_MinorityInterest  
Total stockholders' equity 45,050,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 44,846,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders' equity $ 88,636,000us-gaap_LiabilitiesAndStockholdersEquity $ 92,060,000us-gaap_LiabilitiesAndStockholdersEquity
[1] Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.