10-K Filing

DAILY JOURNAL CORP CIK: 783412 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001437749-12-012896`
Period End Date	20120930
Filing Date	20121214
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	djco-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 50 Cash Flow Statement 46 Stockholders Equity 11

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Marketable securities, common stock (in Dollars)	`TradingSecurities`	$94.06M	USD	Point-in-time
Marketable securities, common stock (in Dollars)	`TradingSecurities`	$48.39M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$8.10M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$250.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$200.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
U.S. Treasury Bills	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$13.10M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
U.S. Treasury Bills	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$800.00K	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities, including common stocks of $94,061,000 and bonds of $8,095,000 at September 30, 2012 and common stocks of $48,393,000 and bonds of $7,723,000 at September 30, 2011	`MarketableSecurities`	$102.16M	USD	Point-in-time
Marketable securities, including common stocks of $94,061,000 and bonds of $8,095,000 at September 30, 2012 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 (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in Shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $200,000 and $250,000 at September 30, 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$5.71M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $200,000 and $250,000 at September 30, 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$6.59M	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
Inventories	`InventoryNet`	$43.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$241.00K	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$232.00K	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$196.00K	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	1.38M	shares	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	1.38M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$79.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$110.13M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.82M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.85M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.26M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.78M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.07M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.12M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.75M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.15M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.91M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.38M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.37M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.24M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$1.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$2.30M	USD	Point-in-time
Assets	`Assets`	$120.96M	USD	Point-in-time
Assets	`Assets`	$90.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.74M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$756.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$19.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$8.99M	USD	Point-in-time
Deferred subscription and other revenues	`DeferredRevenueCurrent`	$5.41M	USD	Point-in-time
Deferred subscription and other revenues	`DeferredRevenueCurrent`	$5.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.77M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$5.17M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$4.20M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$5.17M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$4.20M	USD	Point-in-time
Commitments, contingencies and subsequent event (Notes 4, 5 and 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments, contingencies and subsequent event (Notes 4, 5 and 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, 5,000,000 shares authorized and no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 5,000,000 shares authorized and no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 5,000,000 shares authorized; 1,380,746 shares at September 30, 2012 and 2011, outstanding	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $.01 par value, 5,000,000 shares authorized; 1,380,746 shares at September 30, 2012 and 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`	$53.89M	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`	$31.57M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$87.22M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$60.67M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$64.88M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$90.82M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$120.96M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Advertising	`AdvertisingRevenue`	$19.22M	USD	Annual
Advertising	`AdvertisingRevenue`	$21.34M	USD	Annual
Circulation	`SubscriptionRevenue`	$6.77M	USD	Annual
Circulation	`SubscriptionRevenue`	$6.53M	USD	Annual
Advertising service fees and other	`OtherSalesRevenueNet`	$3.43M	USD	Annual
Advertising service fees and other	`OtherSalesRevenueNet`	$3.21M	USD	Annual
Information systems and services	`TechnologyServicesRevenue`	$2.98M	USD	Annual
Information systems and services	`TechnologyServicesRevenue`	$2.92M	USD	Annual
Revenues	`Revenues`	$34.51M	USD	Annual
Revenues	`Revenues`	$31.87M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$13.47M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$13.59M	USD	Annual
Outside services	`OtherOutsideServices`	$3.17M	USD	Annual
Outside services	`OtherOutsideServices`	$2.96M	USD	Annual
Postage and delivery expenses	`PostageAndHandDelivery`	$1.44M	USD	Annual
Postage and delivery expenses	`PostageAndHandDelivery`	$1.38M	USD	Annual
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$1.32M	USD	Annual
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$1.38M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$535.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$503.00K	USD	Annual
Other general and administrative expenses	`OperatingExpenses`	$3.72M	USD	Annual
Other general and administrative expenses	`OperatingExpenses`	$3.44M	USD	Annual
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$23.19M	USD	Annual
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$23.71M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$8.68M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$10.80M	USD	Annual
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$1.23M	USD	Annual
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$1.97M	USD	Annual
Interest expense reversal (expense)	`InterestExpense`	$36.00K	USD	Annual
Interest expense reversal (expense)	`InterestExpense`	$-100.00K	USD	Annual
Gains on sales of capital assets	`CapitalGainOnSalesOfOfficeFurnitureAndEquipment`	$7.00K	USD	Annual
Gains on sales of capital assets	`CapitalGainOnSalesOfOfficeFurnitureAndEquipment`	$1.00K	USD	Annual
Other-than-temporary impairment losses on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$2.85M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.90M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.36M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.16M	USD	Annual
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$7.84M	USD	Annual
Weighted average number of common shares outstanding basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.38M	shares	Annual
Weighted average number of common shares outstanding basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.38M	shares	Annual
Basic and diluted net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$4.01	USD	Annual
Basic and diluted net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$5.68	USD	Annual
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$7.84M	USD	Annual
Net change in unrealized appreciation of investments (net of taxes)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.09M	USD	Annual
Net change in unrealized appreciation of investments (net of taxes)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.63M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes)	`OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax`	$1.72M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.35M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.21M	USD	Annual

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$7.84M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$535.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$503.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$189.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-261.00K	USD	Annual
Premium amortized (discount earned) on U.S. Treasury Bills and bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.00K	USD	Annual
Premium amortized (discount earned) on U.S. Treasury Bills and bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.00K	USD	Annual
Other-than-temporary impairment losses on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$2.85M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-2.61M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-886.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$15.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-443.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-235.00K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.42M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-693.00K	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-96.00K	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-952.00K	USD	Annual
Deferred subscription and other revenues	`IncreaseDecreaseInDeferredRevenue`	$49.00K	USD	Annual
Deferred subscription and other revenues	`IncreaseDecreaseInDeferredRevenue`	$401.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.96M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.32M	USD	Annual
Maturities and sales of U.S. Treasury Bills	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$51.20M	USD	Annual
Maturities and sales of U.S. Treasury Bills	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$19.40M	USD	Annual
Purchases of U.S. Treasury Bills	`PaymentsToAcquireAvailableForSaleSecurities`	$7.10M	USD	Annual
Purchases of U.S. Treasury Bills	`PaymentsToAcquireAvailableForSaleSecurities`	$50.79M	USD	Annual
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$11.15M	USD	Annual
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$20.96M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$372.00K	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$129.00K	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.03M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.87M	USD	Annual
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.07M	USD	Annual
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-557.00K	USD	Annual
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$3.62M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
Interest paid during year	`InterestPaid`	$186.00K	USD	Annual
Income taxes paid during year	`IncomeTaxesPaid`	$3.57M	USD	Annual
Income taxes paid during year	`IncomeTaxesPaid`	$4.04M	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$87.22M	USD	Point-in-time
Balance	`StockholdersEquity`	$60.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$64.88M	USD	Point-in-time
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$7.84M	USD	Annual
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.09M	USD	Annual
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.63M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes)	`OtherComprehensiveIncomeLossReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeTax`	$1.72M	USD	Annual
Balance	`StockholdersEquity`	$87.22M	USD	Point-in-time
Balance	`StockholdersEquity`	$60.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$64.88M	USD	Point-in-time

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