10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001513162-12-000352`
Period End Date	20120331
Filing Date	20120514
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	pcv-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 66 Cash Flow Statement 55

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Common Stock, No par Value	`CommonStockNoParValue`	-	USD	Point-in-time
Common Stock, No par Value	`CommonStockNoParValue`	-	USD	Point-in-time
Common Stock, No par Value	`CommonStockNoParValue`	-	USD	Point-in-time
Common Stock, Share Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common Stock, Share Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common Stock, Share Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.80M	USD	Point-in-time
Common Stock, Share outstanding	`CommonStockSharesOutstanding`	1,787.00	shares	Point-in-time
Common Stock, Share outstanding	`CommonStockSharesOutstanding`	1,787.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.73M	USD	Point-in-time
Common Stock, Share outstanding	`CommonStockSharesOutstanding`	1,789.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$23.08K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$19.26K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$24.95K	USD	Point-in-time
Inventory	`InventoryNet`	$175.36K	USD	Point-in-time
Inventory	`InventoryNet`	$176.16K	USD	Point-in-time
Inventory	`InventoryNet`	$154.46K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$73.00K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$73.60K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$73.30K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$222.50K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$226.60K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$1.30K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$43.88K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$32.93K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$43.27K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.47M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets - Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.33M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets - Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.08M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets - Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.11M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$27.06K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$24.86K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$27.06K	USD	Point-in-time
Total Assets	`Assets`	$16.27M	USD	Point-in-time
Total Assets	`Assets`	$16.21M	USD	Point-in-time
Total Assets	`Assets`	$16.83M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$303.89K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$186.94K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$160.38K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$64.91K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$175.55K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$55.82K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.46M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.50M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$796.16K	USD	Point-in-time
Current portion of long- term debt	`LongTermDebtCurrent`	$131.88K	USD	Point-in-time
Current portion of long- term debt	`LongTermDebtCurrent`	$135.94K	USD	Point-in-time
Current portion of long- term debt	`LongTermDebtCurrent`	$128.01K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$664.00K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$657.70K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$581.50K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$33.27K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$39.77K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$36.59K	USD	Point-in-time
N/P Mission Community Bank	`NotesPayableToBankNoncurrent`	$4.08M	USD	Point-in-time
N/P Mission Community Bank	`NotesPayableToBankNoncurrent`	$4.15M	USD	Point-in-time
N/P Mission Community Bank	`NotesPayableToBankNoncurrent`	$4.21M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.11M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.66M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.77M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.61M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.61M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$9.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.05M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.21M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.27M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.83M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$1.84M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$1.99M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$854.44K	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$963.80K	USD	1 Quarter
Retail operations	`RetailRevenue`	$190.03K	USD	1 Quarter
Retail operations	`RetailRevenue`	$408.95K	USD	2 Qtrs
Retail operations	`RetailRevenue`	$203.15K	USD	1 Quarter
Retail operations	`RetailRevenue`	$424.36K	USD	2 Qtrs
Total income	`Revenues`	$2.25M	USD	2 Qtrs
Total income	`Revenues`	$1.04M	USD	1 Quarter
Total income	`Revenues`	$2.42M	USD	2 Qtrs
Total income	`Revenues`	$1.17M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.84M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$888.83K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$977.73K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.01M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$218.19K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$196.60K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$88.96K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$103.55K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$84.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$85.39K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$164.30K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$172.15K	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$2.21M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.17M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.39M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.06M	USD	1 Quarter
Income (Loss) from Operations	`OperatingIncomeLoss`	$-18.72K	USD	1 Quarter
Income (Loss) from Operations	`OperatingIncomeLoss`	$1.33K	USD	1 Quarter
Income (Loss) from Operations	`OperatingIncomeLoss`	$40.98K	USD	2 Qtrs
Income (Loss) from Operations	`OperatingIncomeLoss`	$30.57K	USD	2 Qtrs
Gain on sale of fixed assets	`GainsLossesOnSalesOfAssets`	$2.17K	USD	1 Quarter
Gain on sale of fixed assets	`GainsLossesOnSalesOfAssets`	$2.17K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.08K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$561.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$3.22K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.32K	USD	2 Qtrs
Interest expense	`InterestExpense`	$123.54K	USD	2 Qtrs
Interest expense	`InterestExpense`	$61.25K	USD	1 Quarter
Interest expense	`InterestExpense`	$107.72K	USD	2 Qtrs
Interest expense	`InterestExpense`	$53.65K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-53.09K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-106.40K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-58.00K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-118.14K	USD	2 Qtrs
Loss Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-77.16K	USD	2 Qtrs
Loss Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-76.72K	USD	1 Quarter
Loss Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.77K	USD	1 Quarter
Loss Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-75.83K	USD	2 Qtrs
Income Tax (Benefit)	`IncomeTaxExpenseBenefit`	$-34.50K	USD	1 Quarter
Income Tax (Benefit)	`IncomeTaxExpenseBenefit`	$-33.30K	USD	2 Qtrs
Income Tax (Benefit)	`IncomeTaxExpenseBenefit`	$-34.70K	USD	2 Qtrs
Income Tax (Benefit)	`IncomeTaxExpenseBenefit`	$-22.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.46K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-42.53K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-29.66K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.22K	USD	1 Quarter
Retained Earnings - Beginning of Period	`BeginningOfPeriod`	$4.49M	USD	2 Qtrs
Retained Earnings - Beginning of Period	`BeginningOfPeriod`	$4.04M	USD	2 Qtrs
Retained Earnings - End of Period	`EndOfPeriod`	$3.99M	USD	2 Qtrs
Retained Earnings - End of Period	`EndOfPeriod`	$4.45M	USD	2 Qtrs
Net Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-23.73	USD	2 Qtrs
Net Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-23.60	USD	1 Quarter
Net Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-16.60	USD	1 Quarter
Net Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-23.80	USD	2 Qtrs

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-42.46K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-42.53K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-29.66K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-42.22K	USD	1 Quarter
Depreciation	`Depreciation`	$172.15K	USD	2 Qtrs
Depreciation	`Depreciation`	$164.30K	USD	2 Qtrs
Gain on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$2.17K	USD	1 Quarter
Gain on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$2.17K	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-364.00	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.82K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$-47.46K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$-21.71K	USD	2 Qtrs
Decrease in current deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$600.00	USD	2 Qtrs
Increase in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-226.60K	USD	2 Qtrs
Increase in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-221.20K	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$602.00	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.06K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.20K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$4.39K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$25.28K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$143.50K	USD	2 Qtrs
Decrease in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-114.46K	USD	2 Qtrs
Decrease in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-110.64K	USD	2 Qtrs
Increase in rental deposits	`IncreaseInRentalDeposits`	$686.45K	USD	2 Qtrs
Increase in rental deposits	`IncreaseInRentalDeposits`	$702.50K	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-41.80K	USD	2 Qtrs
Increase (decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.30K	USD	2 Qtrs
Increase (decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$75.30K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$657.68K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$531.79K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$489.32K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$615.15K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$411.70K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$311.23K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.25K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-411.70K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-308.98K	USD	2 Qtrs
Principal payments on note payable	`RepaymentsOfNotesPayable`	$66.24K	USD	2 Qtrs
Principal payments on note payable	`RepaymentsOfNotesPayable`	$307.21K	USD	2 Qtrs
Net cash (used in)Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-66.24K	USD	2 Qtrs
Net cash (used in)Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-307.21K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$137.21K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-126.87K	USD	2 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.80M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.73M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.80M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.73M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Payments for interest	`InterestPaid`	$123.54K	USD	2 Qtrs
Payments for interest	`InterestPaid`	$107.72K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$158.40K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$100.63K	USD	2 Qtrs

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