10-Q Filing

DAILY JOURNAL CORP CIK: 783412 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001437749-12-001295`
Period End Date	20111231
Filing Date	20120210
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	djco-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 39 Cash Flow Statement 42

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Marketable securities, common stock (in Dollars)	`TradingSecurities`	$48.39M	USD	Point-in-time
Marketable securities, common stock (in Dollars)	`TradingSecurities`	$68.70M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.72M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.52M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$287.50K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$300.00K	USD	Point-in-time
U.S. Treasury Bills	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$13.10M	USD	Point-in-time
U.S. Treasury Bills	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$500.00K	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities, including common stocks of $68,697,000 and bonds of $7,516,000 at December 31, 2011 and common stocks of $48,393,000 and bonds of $7,723,000 at September 30, 2011	`MarketableSecurities`	$76.21M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities, including common stocks of $68,697,000 and bonds of $7,516,000 at December 31, 2011 and common stocks of $48,393,000 and bonds of $7,723,000 at September 30, 2011	`MarketableSecurities`	$56.12M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $287,500 and $300,000 at December 31, 2011 and September 30, 2011, respectively	`AccountsReceivableNetCurrent`	$6.51M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $287,500 and $300,000 at December 31, 2011 and September 30, 2011, respectively	`AccountsReceivableNetCurrent`	$6.59M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$39.00K	USD	Point-in-time
Inventories	`InventoryNet`	$44.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$232.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$328.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.38M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$86.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$79.14M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.94M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.85M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.78M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.78M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.12M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.13M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.85M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.75M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.48M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.38M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.37M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.37M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$2.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$2.30M	USD	Point-in-time
Assets	`Assets`	$97.77M	USD	Point-in-time
Assets	`Assets`	$90.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.44M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.81M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.18M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$756.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$8.99M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$11.59M	USD	Point-in-time
Deferred subscription and other revenues	`DeferredRevenueCurrent`	$5.41M	USD	Point-in-time
Deferred subscription and other revenues	`DeferredRevenueCurrent`	$4.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.33M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$5.17M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$4.93M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$5.17M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$4.93M	USD	Point-in-time
Common stock, $.01 par value, 5,000,000 shares authorized; 1,380,746 at December 31, 2011 and September 30, 2011, outstanding	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $.01 par value, 5,000,000 shares authorized; 1,380,746 at December 31, 2011 and September 30, 2011, outstanding	`CommonStockValue`	$14.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$48.35M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.68M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$70.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$64.88M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$97.77M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$90.82M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Advertising	`AdvertisingRevenue`	$4.83M	USD	1 Quarter
Advertising	`AdvertisingRevenue`	$5.77M	USD	1 Quarter
Circulation	`SubscriptionRevenue`	$1.67M	USD	1 Quarter
Circulation	`SubscriptionRevenue`	$1.74M	USD	1 Quarter
Advertising service fees and other	`OtherSalesRevenueNet`	$709.00K	USD	1 Quarter
Advertising service fees and other	`OtherSalesRevenueNet`	$970.00K	USD	1 Quarter
Information systems and services	`TechnologyServicesRevenue`	$811.00K	USD	1 Quarter
Information systems and services	`TechnologyServicesRevenue`	$708.00K	USD	1 Quarter
Revenues	`Revenues`	$7.92M	USD	1 Quarter
Revenues	`Revenues`	$9.29M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$3.32M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$3.45M	USD	1 Quarter
Other outside services	`OtherOutsideServices`	$704.00K	USD	1 Quarter
Other outside services	`OtherOutsideServices`	$763.00K	USD	1 Quarter
Postage and delivery expenses	`PostageAndHandDelivery`	$345.00K	USD	1 Quarter
Postage and delivery expenses	`PostageAndHandDelivery`	$369.00K	USD	1 Quarter
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$357.00K	USD	1 Quarter
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$357.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$136.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$119.00K	USD	1 Quarter
Other general and administrative expenses	`OperatingExpenses`	$818.00K	USD	1 Quarter
Other general and administrative expenses	`OperatingExpenses`	$1.03M	USD	1 Quarter
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$6.11M	USD	1 Quarter
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$5.66M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.19M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.26M	USD	1 Quarter
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$211.00K	USD	1 Quarter
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$326.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.59M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.39M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$880.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.18M	USD	1 Quarter
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted`	$1.38M	USD	1 Quarter
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted`	$1.38M	USD	1 Quarter
Basic and diluted net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.24	USD	1 Quarter
Basic and diluted net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.58	USD	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$136.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$119.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$99.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-29.00K	USD	1 Quarter
Net premium amortized and discount earned on bonds and U.S. Treasury Bills	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-5.00K	USD	1 Quarter
Net premium amortized and discount earned on bonds and U.S. Treasury Bills	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-2.16M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$85.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-50.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-96.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$732.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$220.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.55M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.62M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$701.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.08M	USD	1 Quarter
Deferred subscription and other revenues	`IncreaseDecreaseInDeferredRevenue`	$-581.00K	USD	1 Quarter
Deferred subscription and other revenues	`IncreaseDecreaseInDeferredRevenue`	$-440.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$640.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-110.00K	USD	1 Quarter
Maturities and sales of U.S. Treasury Bills	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$13.50M	USD	1 Quarter
Maturities and sales of U.S. Treasury Bills	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$12.60M	USD	1 Quarter
Purchases of U.S. Treasury Bills	`PaymentsToAcquireAvailableForSaleSecurities`	$13.50M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$13.58M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.09M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-455.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-132.00K	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.48M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$3.48M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time

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