10-K Filing

DAILY JOURNAL CORP CIK: 783412 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001437749-14-011800`
Period End Date	20130930
Filing Date	20140624
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	djco-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 52 Cash Flow Statement 44 Stockholders Equity 12 Comprehensive Income 4

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Marketable securities, common stocks (in Dollars)	`TradingSecurities`	$129.70M	USD	Point-in-time
Marketable securities, common stocks (in Dollars)	`TradingSecurities`	$94.06M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$8.10M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$200.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$250.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	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 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 $129,699,000 and bonds of $7,295,000 at September 30, 2013 and common stocks of $94,061,000 and bonds of $8,095,000 at September 30, 2012	`MarketableSecurities`	$136.99M	USD	Point-in-time
Marketable securities, including common stocks of $129,699,000 and bonds of $7,295,000 at September 30, 2013 and common stocks of $94,061,000 and bonds of $8,095,000 at September 30, 2012	`MarketableSecurities`	$102.16M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $250,000 and $200,000 at September 30, 2013 and 2012, respectively	`AccountsReceivableNetCurrent`	$6.31M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $250,000 and $200,000 at September 30, 2013 and 2012, respectively	`AccountsReceivableNetCurrent`	$5.71M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Inventories	`InventoryNet`	$56.00K	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`	$1.96M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$241.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$196.00K	USD	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
Income tax receivable	`IncomeTaxesReceivable`	$305.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$156.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$110.13M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.85M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.82M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.26M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.71M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.01M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.07M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.15M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.57M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.91M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.34M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.24M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.23M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$24.34M	USD	Point-in-time
Goodwill	`Goodwill`	$11.70M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNet`	$858.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNet`	$1.59M	USD	Point-in-time
Assets	`Assets`	$203.09M	USD	Point-in-time
Assets	`Assets`	$120.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.24M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.46M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.74M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesCurrent`	$19.15M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesCurrent`	$32.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.11M	USD	Point-in-time
Investment margin account borrowings	`InvestmentMarginAccount`	$29.49M	USD	Point-in-time
Deferred maintenance agreements	`DeferredRevenueNoncurrent`	$269.00K	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$4.20M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$1.87M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$4.20M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$31.63M	USD	Point-in-time
Commitments and contingencies (Notes 4 and 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 4 and 5)	`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, 2013 and 2012, 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, 2013 and 2012, 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`	$57.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.89M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$53.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$31.57M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$64.88M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$87.22M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$113.35M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$203.09M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$120.96M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Advertising	`AdvertisingRevenue`	$19.22M	USD	Annual
Advertising	`AdvertisingRevenue`	$14.47M	USD	Annual
Circulation	`SubscriptionRevenue`	$6.53M	USD	Annual
Circulation	`SubscriptionRevenue`	$6.35M	USD	Annual
Advertising service fees and other	`OtherSalesRevenueNet`	$3.21M	USD	Annual
Advertising service fees and other	`OtherSalesRevenueNet`	$3.01M	USD	Annual
Information systems and services	`TechnologyServicesRevenue`	$2.92M	USD	Annual
Information systems and services	`TechnologyServicesRevenue`	$13.85M	USD	Annual
Revenues	`Revenues`	$37.68M	USD	Annual
Revenues	`Revenues`	$31.87M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$19.24M	USD	Annual
Salaries and employee benefits	`LaborAndRelatedExpense`	$13.59M	USD	Annual
Outside services	`OtherOutsideServices`	$2.96M	USD	Annual
Outside services	`OtherOutsideServices`	$3.09M	USD	Annual
Postage and delivery expenses	`PostageAndHandDelivery`	$1.33M	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`	$1.31M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$503.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.44M	USD	Annual
Other general and administrative expenses	`OperatingExpenses`	$3.44M	USD	Annual
Other general and administrative expenses	`OperatingExpenses`	$6.43M	USD	Annual
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$33.83M	USD	Annual
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$23.19M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$3.84M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$8.68M	USD	Annual
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$1.97M	USD	Annual
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$2.54M	USD	Annual
Interest (expense) expense reversal	`InterestExpense`	$-100.00K	USD	Annual
Interest (expense) expense reversal	`InterestExpense`	$97.00K	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
Other-than-temporary impairment losses on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$1.72M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.57M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.90M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.36M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$790.00K	USD	Annual
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$3.78M	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`	$2.74	USD	Annual
Basic and diluted net income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$4.01	USD	Annual
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$3.78M	USD	Annual
Net change in unrealized appreciation of investments (net of taxes of $13,544,000 and $9,991,000, respectively)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$21.29M	USD	Annual
Net change in unrealized appreciation of investments (net of taxes of $13,544,000 and $9,991,000, respectively)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.09M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $668,000 and $1,135,000, respectively)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.05M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $668,000 and $1,135,000, respectively)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.72M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.35M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$26.12M	USD	Annual

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$3.78M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$503.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.44M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-261.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-493.00K	USD	Annual
Discount earned on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.00K	USD	Annual
Discount earned on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.00K	USD	Annual
Other-than-temporary impairment losses on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.85M	USD	Annual
Other-than-temporary impairment losses on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.72M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.69M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-886.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$13.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-252.00K	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$109.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-155.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-235.00K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.02M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.42M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-952.00K	USD	Annual
Maturities and sales of U.S. Treasury Bills	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$800.00K	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 marketable securities	`PaymentsToAcquireMarketableSecurities`	$20.96M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$280.00K	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$372.00K	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-9.03M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-24.81M	USD	Annual
Investment margin account borrowing	`ProceedsFromOtherDebt`	$29.49M	USD	Annual
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$29.49M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.35M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.07M	USD	Annual
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
Interest paid during year	`InterestPaid`	$186.00K	USD	Annual
Interest paid during year	`InterestPaid`	$97.00K	USD	Annual
Income taxes paid during year	`IncomeTaxesPaid`	$1.35M	USD	Annual
Income taxes paid during year	`IncomeTaxesPaid`	$3.57M	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at September 30, 2011	`StockholdersEquity`	$64.88M	USD	Point-in-time
Balance at September 30, 2011	`StockholdersEquity`	$87.22M	USD	Point-in-time
Balance at September 30, 2011	`StockholdersEquity`	$113.35M	USD	Point-in-time
Balance	`StockholdersEquity`	$64.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$87.22M	USD	Point-in-time
Balance	`StockholdersEquity`	$113.35M	USD	Point-in-time
Net income	`NetIncomeLoss`	$5.54M	USD	Annual
Net income	`NetIncomeLoss`	$3.78M	USD	Annual
Unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$21.29M	USD	Annual
Unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.09M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.05M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.72M	USD	Annual

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Net change in unrealized appreciation of investments, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$13.54M	USD	Annual
Net change in unrealized appreciation of investments, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$9.99M	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income, taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$668.00K	USD	Annual
Reclassification adjustment of other-than-temporary impairment losses recognized in net income, taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$1.14M	USD	Annual

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