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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 13,147 $ 9,449
Accounts receivable - net 4,326 3,791
Accounts receivable - Related party 30  
Medical receivables -net 10,097 9,082
Management and other fees receivable -net 15,901 14,058
Management and other fees receivable - related medical practices -net 4,059 3,507
Costs and estimated earnings in excess of billings on uncompleted contracts 279 682
Inventories 2,234 2,192
Prepaid expenses and other current assets 834 860
Total Current Assets 50,907 43,621
Deferred income tax asset 8,423 8,423
Property and equipment - net 11,877 12,901
Goodwill 1,767 1,767
Other intangible assets - net 8,066 8,950
Other assets 972 830
Total Assets 82,012 76,492
Current Liabilities:    
Current portion of long-term debt and capital leases 2,455 2,490
Accounts payable 1,345 1,783
Other current liabilities 8,638 8,253
Unearned revenue on service contracts 4,350 4,187
Unearned revenue on service contracts - related parties 28  
Customer advances 1,511 1,938
Billings in excess of costs and estimated earnings on uncompleted contracts 255 142
Total Current Liabilities 18,582 18,793
Long-Term Liabilities:    
Deferred income tax liability 510 510
Due to related medical practices 237 237
Long-term debt and capital leases, less current portion 3,863 5,699
Other liabilities 718 469
Total Long-Term Liabilities 5,328 6,915
Total Liabilities 23,910 25,708
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 175,448 175,448
Accumulated deficit (126,989) (136,349)
Notes receivable from employee stockholders (26) (32)
Treasury stock, at cost - 12 shares of common stock at March 31, 2016 and June 30, 2015 (675) (675)
Total Fonar Corporation Stockholders' Equity 47,759 38,393
Non controlling interests 10,343 12,391
Total Stockholders' Equity 58,102 50,784
Total Liabilities and Stockholders' Equity $ 82,012 $ 76,492