10-Q Filing

JEWETT CAMERON TRADING CO LTD CIK: 885307 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001217160-12-000089`
Period End Date	20120229
Filing Date	20120412
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	jctcf-20120229.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 70 Cash Flow Statement 47

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$4.31M	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$6.77M	USD	Point-in-time
Accounts receivable, net of allowance of $6,299 (August 31, 2011 - $Nil)	`AccountsReceivableNetCurrent`	$3.90M	USD	Point-in-time
Accounts receivable, net of allowance of $6,299 (August 31, 2011 - $Nil)	`AccountsReceivableNetCurrent`	$3.95M	USD	Point-in-time
Inventory, net of allowance of $192,810 (August 31, 2011 - $204,860) (note 3)	`InventoryNet`	$6.48M	USD	Point-in-time
Inventory, net of allowance of $192,810 (August 31, 2011 - $204,860) (note 3)	`InventoryNet`	$5.82M	USD	Point-in-time
Note receivable	`NotesReceivableNet`	$61.50K	USD	Point-in-time
Note receivable	`NotesReceivableNet`	$41.50K	USD	Point-in-time
Prepaid expenses	`PrepaidExpense`	$1.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpense`	$848.34K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$682.53K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.01M	USD	Point-in-time
Property, plant and equipment, net (note 4)	`PropertyPlantAndEquipmentNet`	$1.79M	USD	Point-in-time
Property, plant and equipment, net (note 4)	`PropertyPlantAndEquipmentNet`	$1.85M	USD	Point-in-time
Intangible assets, net (note 5)	`OtherIntangibleAssetsNet`	$484.93K	USD	Point-in-time
Intangible assets, net (note 5)	`OtherIntangibleAssetsNet`	$510.77K	USD	Point-in-time
Deferred income taxes (note 6)	`DeferredIncomeTaxesAndOtherAssetsNoncurrent`	$157.86K	USD	Point-in-time
Deferred income taxes (note 6)	`DeferredIncomeTaxesAndOtherAssetsNoncurrent`	$156.31K	USD	Point-in-time
Total assets	`Assets`	$20.58M	USD	Point-in-time
Total assets	`Assets`	$18.45M	USD	Point-in-time
Accounts payable	`AccountsPayable`	$994.41K	USD	Point-in-time
Accounts payable	`AccountsPayable`	$519.26K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilities`	$891.75K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilities`	$941.85K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxes`	$228.36K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.09M	USD	Point-in-time
1,609,870 common shares (August 31, 2011 - 1,908,457)	`CommonStockValueOutstanding`	$1.80M	USD	Point-in-time
1,609,870 common shares (August 31, 2011 - 1,908,457)	`CommonStockValueOutstanding`	$1.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$600.80K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$600.80K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$18.45M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.58M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
SALES	`SalesRevenueNet`	$18.99M	USD	2 Qtrs
SALES	`SalesRevenueNet`	$11.86M	USD	1 Quarter
SALES	`SalesRevenueNet`	$11.75M	USD	1 Quarter
SALES	`SalesRevenueNet`	$17.95M	USD	2 Qtrs
COST OF SALES	`CostOfGoodsSold`	$9.73M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$9.66M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$14.37M	USD	2 Qtrs
COST OF SALES	`CostOfGoodsSold`	$15.43M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$3.56M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$2.13M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.09M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$3.57M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$460.60K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$888.94K	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$418.22K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$898.40K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$65.76K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$64.30K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$125.50K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$131.13K	USD	2 Qtrs
Wages and employee benefits	`LaborAndRelatedExpense`	$893.97K	USD	1 Quarter
Wages and employee benefits	`LaborAndRelatedExpense`	$1.71M	USD	2 Qtrs
Wages and employee benefits	`LaborAndRelatedExpense`	$886.51K	USD	1 Quarter
Wages and employee benefits	`LaborAndRelatedExpense`	$1.71M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$2.74M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.42M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.72M	USD	2 Qtrs
Income from operations	`IncomeLossFromContinuingOperations`	$834.03K	USD	2 Qtrs
Income from operations	`IncomeLossFromContinuingOperations`	$755.34K	USD	1 Quarter
Income from operations	`IncomeLossFromContinuingOperations`	$672.44K	USD	1 Quarter
Income from operations	`IncomeLossFromContinuingOperations`	$835.37K	USD	2 Qtrs
Sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.11K	USD	1 Quarter
Sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.34K	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$26.00	USD	2 Qtrs
Interest expense (note 12(a))	`InterestExpenseOther`	$16.20K	USD	1 Quarter
Interest expense (note 12(a))	`InterestExpenseOther`	$-408.01K	USD	2 Qtrs
Interest expense (note 12(a))	`InterestExpenseOther`	$-16.02K	USD	1 Quarter
Total Other Items	`OtherMaterialNoncashItems`	$1.44M	USD	2 Qtrs
Total Other Items	`OtherMaterialNoncashItems`	$-1.37M	USD	2 Qtrs
Total Other Items	`OtherMaterialNoncashItems`	$-17.14K	USD	1 Quarter
Total Other Items	`OtherMaterialNoncashItems`	$1.46M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$2.13M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$2.28M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$738.20K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-531.76K	USD	2 Qtrs
Income tax (expense) recovery	`IncomeTaxExpenseBenefit`	$-927.19K	USD	2 Qtrs
Income tax (expense) recovery	`IncomeTaxExpenseBenefit`	$182.37K	USD	2 Qtrs
Income tax (expense) recovery	`IncomeTaxExpenseBenefit`	$-241.25K	USD	1 Quarter
Income tax (expense) recovery	`IncomeTaxExpenseBenefit`	$-844.49K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.35M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$496.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.29M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-349.39K	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$0.73	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$-0.16	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$0.71	USD	1 Quarter
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$0.73	USD	2 Qtrs
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$-0.16	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.16M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.01M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.82M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.86M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.01M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.86M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.82M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.16M	shares	2 Qtrs

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.35M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$496.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.29M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-349.39K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$65.76K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$64.30K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$125.50K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$131.13K	USD	2 Qtrs
Sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.11K	USD	1 Quarter
Sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.34K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$8.23K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.56K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-56.96K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.06M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-353.38K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-667.77K	USD	2 Qtrs
Increase in note receivable	`IncreaseDecreaseInNotesReceivables`	$-20.00K	USD	2 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-353.38K	USD	2 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-104.47K	USD	2 Qtrs
(Increase) decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-567.11K	USD	2 Qtrs
(Increase) decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$682.53K	USD	2 Qtrs
Increase in taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-200.94K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.01M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.02M	USD	2 Qtrs
Increase in accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$228.36K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.50M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$273.05K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-35.57K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-30.53K	USD	2 Qtrs
Purchase of intangible assets and other	`PaymentsToAcquireIntangibleAssets`	$-13.05K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.45K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.58K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.12K	USD	2 Qtrs
Redemption of common stock	`PaymentsForRepurchaseOfCommonStock`	$-2.45M	USD	2 Qtrs
Redemption of common stock	`PaymentsForRepurchaseOfCommonStock`	$-2.69M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.45M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.69M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.98M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.46M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.77M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.31M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.77M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.