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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Net loss | $ (2,237)us-gaap_ProfitLoss | $ (3,969)us-gaap_ProfitLoss |
| Less: loss from discontinued operations, net of taxes | (223)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax | (266)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax |
| Loss from continuing operations, net of taxes | (2,014)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | (3,703)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest |
| Adjustments to reconcile loss from continuing operations to cash used in operating activities : | ||
| Depreciation and amortization | 966us-gaap_DepreciationDepletionAndAmortization | 1,211us-gaap_DepreciationDepletionAndAmortization |
| Amortization of debt discount | 22us-gaap_AmortizationOfFinancingCostsAndDiscounts | 21us-gaap_AmortizationOfFinancingCostsAndDiscounts |
| Deferred tax expense | 36us-gaap_DeferredIncomeTaxExpenseBenefit | 30us-gaap_DeferredIncomeTaxExpenseBenefit |
| Benefit for bad debt and other reserves | (34)pesi_ProvisionForDoubtfulAccountsAndOtherNonCashReserves | (9)pesi_ProvisionForDoubtfulAccountsAndOtherNonCashReserves |
| Issuance of common stock for services | 70pesi_IssuanceOfStockAndWarrantsForServicesOrClaimsDirectors | 64pesi_IssuanceOfStockAndWarrantsForServicesOrClaimsDirectors |
| Stock-based compensation | 33pesi_ShareBasedCompensationEmployeeAndDirector | (18)pesi_ShareBasedCompensationEmployeeAndDirector |
| Accounts receivable | (267)us-gaap_IncreaseDecreaseInAccountsReceivable | 534us-gaap_IncreaseDecreaseInAccountsReceivable |
| Unbilled receivables | (170)us-gaap_IncreaseDecreaseInUnbilledReceivables | (755)us-gaap_IncreaseDecreaseInUnbilledReceivables |
| Prepaid expenses, inventories and other assets | (4)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 181us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable, accrued expenses and unearned revenue | (1,334)pesi_IncreaseDecreasesInAccountsPayableAccruedExpensesAndUnearnedRevenue | 103pesi_IncreaseDecreasesInAccountsPayableAccruedExpensesAndUnearnedRevenue |
| Cash used in continuing operations | (2,696)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (2,341)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash (used in) provided by discontinued operations | (232)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations | 861us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations |
| Cash used in operating activities | (2,928)us-gaap_NetCashProvidedByUsedInOperatingActivities | (1,480)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash flows from investing activities: | ||
| Purchases of property and equipment, net | (121)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (213)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Payment to finite risk sinking fund | (7)pesi_PaymentsToFiniteRiskSinkingFund | (7)pesi_PaymentsToFiniteRiskSinkingFund |
| Cash used in investing activities | (128)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (220)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities: | ||
| Repayments of revolving credit borrowings | (14,263)us-gaap_RepaymentsOfLinesOfCredit | (14,253)us-gaap_RepaymentsOfLinesOfCredit |
| Borrowing on revolving credit | 15,808us-gaap_ProceedsFromLinesOfCredit | 16,286us-gaap_ProceedsFromLinesOfCredit |
| Proceeds from issuance of common stock | 3us-gaap_ProceedsFromIssuanceOfCommonStock | |
| Principal repayments of long term debt | (587)us-gaap_RepaymentsOfLongTermDebt | (618)us-gaap_RepaymentsOfLongTermDebt |
| Principal repayments of long term debt - related party | (375)pesi_RepaymentsOfLongTermDebtRelatedParty | |
| Cash provided by financing activities of continuing operations | 586us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 1,415us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Principal repayments of long term debt for discontinued operations | (9)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations | |
| Cash provided by financing activities | 586us-gaap_NetCashProvidedByUsedInFinancingActivities | 1,406us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes in cash | (82)us-gaap_EffectOfExchangeRateOnCash | |
| Decrease in cash | (2,552)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (294)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash at beginning of period | 3,680us-gaap_CashAndCashEquivalentsAtCarryingValue | 333us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash at end of period | 1,128us-gaap_CashAndCashEquivalentsAtCarryingValue | 39us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Interest paid | 132us-gaap_InterestPaidNet | 144us-gaap_InterestPaidNet |
| Income taxes paid | $ 10us-gaap_IncomeTaxesPaid | $ 18us-gaap_IncomeTaxesPaid |
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- Definition
The increase (decrease) during the reporting period in the amount payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid and changes in unearned revenue. No definition available.
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- Definition
The fair value of restricted stock issued to outside directors as payment for fees for serving as Company's directors. No definition available.
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The net cash outflow to the finite risk sinking fund for the Company's closure policy. No definition available.
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- Definition
Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected) and miscellaneous other reserves. No definition available.
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Represents the repayments of long term debt to a related party. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee and outside director remuneration. This may include the value of stock options, amortization of restricted stock, and adjustment for officers compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. No definition available.
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- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities of discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) of operating activities of discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of effect of exchange rate changes on cash balances held in foreign currencies. Excludes cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period of the amount of revenue for work performed for which billing has not occurred, net of uncollectible accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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