10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001513162-14-000319`
Period End Date	20140331
Filing Date	20140515
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	pcv-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 70 Cash Flow Statement 58

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Common stock, no par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.13M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.11K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,787.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.20K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,787.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$27.39K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,783.00	shares	Point-in-time
Inventory	`InventoryNet`	$161.85K	USD	Point-in-time
Inventory	`InventoryNet`	$181.95K	USD	Point-in-time
Inventory	`InventoryNet`	$192.73K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$82.80K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$81.40K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$74.70K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$126.10K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$122.80K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$79.52K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$48.54K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$48.14K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.58M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.31M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.53M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.37M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$20.47K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$18.27K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$16.08K	USD	Point-in-time
Total Assets	`Assets`	$16.81M	USD	Point-in-time
Total Assets	`Assets`	$17.22M	USD	Point-in-time
Total Assets	`Assets`	$17.14M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$246.71K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$186.96K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$195.84K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$65.26K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$214.36K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$66.40K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.54M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.69M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$934.23K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$121.10K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$172.40K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$208.02K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$202.81K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.66M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$893.90K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$877.70K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$811.70K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$82.82K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$74.08K	USD	Point-in-time
N/P Donahue Trans	`OtherLongTermNotesPayable`	$65.05K	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.95M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$3.56M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.85M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.48M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.58M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.96M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 and 1,787 shares outstanding at March 31, 2014 and 2013, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 and 1,787 shares outstanding at March 31, 2014 and 2013, respectively	`CommonStockValue`	$5.61M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 and 1,787 shares outstanding at March 31, 2014 and 2013, respectively	`CommonStockValue`	$5.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.66M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.24M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.81M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.22M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.14M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$2.33M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$1.16M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$2.15M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$1.07M	USD	1 Quarter
Retail operations	`RetailRevenue`	$450.60K	USD	2 Qtrs
Retail operations	`RetailRevenue`	$528.32K	USD	2 Qtrs
Retail operations	`RetailRevenue`	$263.95K	USD	1 Quarter
Retail operations	`RetailRevenue`	$233.17K	USD	1 Quarter
Total income	`Revenues`	$2.60M	USD	2 Qtrs
Total income	`Revenues`	$2.85M	USD	2 Qtrs
Total income	`Revenues`	$1.43M	USD	1 Quarter
Total income	`Revenues`	$1.30M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.11M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.01M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.97M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$966.63K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$208.47K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$240.36K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$104.18K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$121.49K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$181.85K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$169.12K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$87.03K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$1.16M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.35M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.22M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.53M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$254.06K	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$146.40K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$206.13K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$320.02K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.03K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.93K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$964.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$988.00	USD	1 Quarter
Interest expense	`InterestExpense`	$39.29K	USD	1 Quarter
Interest expense	`InterestExpense`	$79.58K	USD	2 Qtrs
Interest expense	`InterestExpense`	$47.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$96.51K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-77.56K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-38.30K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-46.78K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-94.58K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.84K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.62K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.46K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$159.48K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$-60.70K	USD	1 Quarter
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$66.20K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$68.00K	USD	1 Quarter
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$106.10K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$160.32K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$136.36K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$99.84K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$93.28K	USD	2 Qtrs
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.05M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$4.96M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.67M	USD	Point-in-time
Redemption of Stock	`StockRepurchasedDuringPeriodValue`	$-95.45K	USD	2 Qtrs
Redemption of Stock	`StockRepurchasedDuringPeriodValue`	-	USD	2 Qtrs
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.05M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$4.96M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.67M	USD	Point-in-time
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$89.72	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$52.20	USD	2 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$55.99	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$76.31	USD	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$160.32K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$136.36K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$99.84K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$93.28K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$181.85K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$169.12K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$87.03K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.43K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.18K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$34.94K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$20.09K	USD	2 Qtrs
(Increase) Decrease in current deferred taxes	`IncreaseDecreaseInDeferredTaxesCurrent`	$-1.40K	USD	2 Qtrs
(Increase) Decrease in current deferred taxes	`IncreaseDecreaseInDeferredTaxesCurrent`	$1.10K	USD	2 Qtrs
Increase in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$126.10K	USD	2 Qtrs
Increase in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$19.00K	USD	2 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$8.37K	USD	2 Qtrs
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$31.39K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.20K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.19K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$96.20K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.88K	USD	2 Qtrs
Decrease in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-118.06K	USD	2 Qtrs
Decrease in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-147.96K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$758.81K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$654.83K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-121.10K	USD	2 Qtrs
Increase (decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$16.20K	USD	2 Qtrs
Increase (decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-14.90K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$502.48K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$760.21K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$638.84K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$853.49K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$475.35K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$123.50K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-123.50K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-475.35K	USD	2 Qtrs
Redemption of Stock	`PaymentsForRepurchaseOfCommonStock`	$108.00K	USD	2 Qtrs
Redemption of Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$83.78K	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$100.74K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-83.78K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-208.74K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$294.36K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$306.60K	USD	2 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.13M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.13M	USD	Point-in-time
Payments for interest	`InterestPaid`	$79.58K	USD	2 Qtrs
Payments for interest	`InterestPaid`	$96.51K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$247.00K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$71.39K	USD	2 Qtrs

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