10-Q Filing

DAILY JOURNAL CORP CIK: 783412 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-015300`
Period End Date	20131231
Filing Date	20140813
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	djco-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 48 Cash Flow Statement 38

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Marketable securities, common stocks (in Dollars)	`TradingSecurities`	$143.28M	USD	Point-in-time
Marketable securities, common stocks (in Dollars)	`TradingSecurities`	$129.70M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.47M	USD	Point-in-time
Marketable securities, bonds (in Dollars)	`TradingSecuritiesDebt`	$7.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.39M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$250.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$250.00K	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Marketable securities, including common stocks of $143,278,000 and bonds of $7,469,000 at December 31, 2013 and common stocks of $129,699,000 and bonds of $7,295,000 at September 30, 2013	`MarketableSecurities`	$136.99M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Marketable securities, including common stocks of $143,278,000 and bonds of $7,469,000 at December 31, 2013 and common stocks of $129,699,000 and bonds of $7,295,000 at September 30, 2013	`MarketableSecurities`	$150.75M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $250,000 at December 31, 2013 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$6.31M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $250,000 at December 31, 2013 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$6.25M	USD	Point-in-time
Inventories	`InventoryNet`	$32.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$56.00K	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
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.65M	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
Income tax receivable	`IncomeTaxesReceivable`	$305.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$52.00K	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
Total current assets	`AssetsCurrent`	$168.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$156.97M	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
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.85M	USD	Point-in-time
Land, buildings and improvements	`LandBuildingsAndImprovements`	$12.85M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.71M	USD	Point-in-time
Furniture, office equipment and computer software	`FurnitureOfficeEquipmentAndComputerSoftware`	$2.66M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.04M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.01M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.55M	USD	Point-in-time
PropertyPlantAndEquipmentGross	`PropertyPlantAndEquipmentGross`	$17.57M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.40M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.34M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.15M	USD	Point-in-time
PropertyPlantAndEquipmentNet	`PropertyPlantAndEquipmentNet`	$9.23M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$22.64M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$21.41M	USD	Point-in-time
Goodwill	`Goodwill`	$13.40M	USD	Point-in-time
Goodwill	`Goodwill`	$13.40M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$1.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$858.00K	USD	Point-in-time
Assets	`Assets`	$158.46M	USD	Point-in-time
Assets	`Assets`	$213.92M	USD	Point-in-time
Assets	`Assets`	$203.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.72M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.44M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$37.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$32.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.49M	USD	Point-in-time
Investment margin account borrowings	`InvestmentMarginAccount`	$29.49M	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
Deferred maintenance agreements	`DeferredRevenueNoncurrent`	$246.00K	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$1.87M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$1.79M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$31.63M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$31.53M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`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 December 31, 2013 and September 30, 2013, outstanding	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $.01 par value, 5,000,000 shares authorized; 1,380,746 shares at December 31, 2013 and September 30, 2013, 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`	$57.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$57.67M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$62.11M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$53.91M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$113.35M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$120.91M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$203.09M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$213.92M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Advertising	`AdvertisingRevenue`	$2.85M	USD	1 Quarter
Advertising	`AdvertisingRevenue`	$4.25M	USD	1 Quarter
Circulation	`SubscriptionRevenue`	$1.63M	USD	1 Quarter
Circulation	`SubscriptionRevenue`	$1.54M	USD	1 Quarter
Advertising service fees and other	`OtherSalesRevenueNet`	$816.00K	USD	1 Quarter
Advertising service fees and other	`OtherSalesRevenueNet`	$676.00K	USD	1 Quarter
Information systems and services	`TechnologyServicesRevenue`	$4.89M	USD	1 Quarter
Information systems and services	`TechnologyServicesRevenue`	$998.00K	USD	1 Quarter
Revenues	`Revenues`	$7.69M	USD	1 Quarter
Revenues	`Revenues`	$9.95M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$6.50M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$4.20M	USD	1 Quarter
Other outside services	`OtherOutsideServices`	$735.00K	USD	1 Quarter
Other outside services	`OtherOutsideServices`	$786.00K	USD	1 Quarter
Postage and delivery expenses	`PostageAndHandDelivery`	$342.00K	USD	1 Quarter
Postage and delivery expenses	`PostageAndHandDelivery`	$321.00K	USD	1 Quarter
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$329.00K	USD	1 Quarter
Newsprint and printing expenses	`NewsprintAndContractPrintings`	$345.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$289.00K	USD	1 Quarter
Other general and administrative expenses	`OperatingExpenses`	$1.92M	USD	1 Quarter
Other general and administrative expenses	`OperatingExpenses`	$1.08M	USD	1 Quarter
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$6.99M	USD	1 Quarter
SellingGeneralAndAdministrativeExpense	`SellingGeneralAndAdministrativeExpense`	$11.22M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$701.00K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-1.27M	USD	1 Quarter
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$567.00K	USD	1 Quarter
Dividends and interest income	`InvestmentIncomeInterestAndDividend`	$654.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$4.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$26.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$8.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$61.00K	USD	1 Quarter
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-650.00K	USD	1 Quarter
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.26M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-10.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$430.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-640.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$834.00K	USD	1 Quarter
Weighted average number of commonc shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.38M	shares	1 Quarter
Weighted average number of commonc shares outstanding - basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.38M	shares	1 Quarter
Basic and diluted net (loss) income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.46	USD	1 Quarter
Basic and diluted net (loss) income per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.60	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-640.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$834.00K	USD	1 Quarter
Net change in unrealized appreciation of investments (net of taxes)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.20M	USD	1 Quarter
Net change in unrealized appreciation of investments (net of taxes)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.56M	USD	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-640.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$834.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$289.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$213.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-280.00K	USD	1 Quarter
Discounts earned on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-59.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.31M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-24.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-308.00K	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-253.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-540.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-184.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.57M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.40M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$-43.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$548.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.13M	USD	1 Quarter
Maturities and sales of U.S. Treasury Bills	`PaymentsToAcquireAvailableForSaleSecurities`	$-800.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-91.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-11.14M	USD	1 Quarter
Investment margin account borrowing	`ProceedsFromOtherDebt`	$14.00M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$14.00M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.22M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.40M	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.12M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.39M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$10.12M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$985.00K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$4.39M	USD	Point-in-time

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