10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001513162-15-000069`
Period End Date	20141231
Filing Date	20150213
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	pcv-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 39 Cash Flow Statement 47

Balance Sheet 77 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, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.82M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$17.99K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,783.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.50K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$24.76K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,783.00	shares	Point-in-time
Inventory	`InventoryNet`	$177.41K	USD	Point-in-time
Inventory	`InventoryNet`	$193.66K	USD	Point-in-time
Inventory	`InventoryNet`	$165.72K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$92.00K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$92.60K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$82.40K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$159.81K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$146.47K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$53.02K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.25M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.66M	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`	$14.62M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$7.76K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$17.18K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$8.35K	USD	Point-in-time
Total Assets	`Assets`	$16.90M	USD	Point-in-time
Total Assets	`Assets`	$17.04M	USD	Point-in-time
Total Assets	`Assets`	$16.58M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$225.07K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$246.44K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$203.91K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$64.74K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$245.11K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$69.90K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.01M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.14M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.13M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$76.80K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$139.10K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$42.40K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$96.42K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$100.49K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$205.42K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.55M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$889.20K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$918.40K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$912.50K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$69.60K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$94.73K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$87.37K	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.90M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.32M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.94M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.16M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.41M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,783 shares outstanding at December 31, 2014 and 2013, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,783 shares outstanding at December 31, 2014 and 2013, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,783 shares outstanding at December 31, 2014 and 2013, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.97M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.90M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$16.58M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.04M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$1.16M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$1.29M	USD	1 Quarter
Retail operations	`RetailRevenue`	$258.91K	USD	1 Quarter
Retail operations	`RetailRevenue`	$264.37K	USD	1 Quarter
Total income	`Revenues`	$1.43M	USD	1 Quarter
Total income	`Revenues`	$1.55M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.15M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.11M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$118.87K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$108.70K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$90.35K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$99.51K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.31M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$192.71K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$113.88K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$1.04K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$504.00	USD	1 Quarter
Interest expense	`InterestExpense`	$33.08K	USD	1 Quarter
Interest expense	`InterestExpense`	$40.30K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-32.57K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-39.26K	USD	1 Quarter
Income Before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$74.62K	USD	1 Quarter
Income Before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$160.13K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$38.10K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$71.50K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$36.52K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$88.63K	USD	1 Quarter
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.57M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$6.37M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$6.28M	USD	Point-in-time
Redemption of Stock	`StockRepurchasedDuringPeriodValue`	$-95.45K	USD	1 Quarter
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.57M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$6.37M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$6.28M	USD	Point-in-time
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$20.48	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$49.71	USD	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$36.52K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$88.63K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$90.35K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$99.51K	USD	1 Quarter
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.88K	USD	1 Quarter
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.77K	USD	1 Quarter
(Increase) in inventory	`IncreaseDecreaseInInventories`	$16.25K	USD	1 Quarter
(Increase) in inventory	`IncreaseDecreaseInInventories`	$3.87K	USD	1 Quarter
(Decrease) in deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.30K	USD	1 Quarter
(Decrease) in deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$4.30K	USD	1 Quarter
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$111.67K	USD	1 Quarter
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$93.45K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.11K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$42.52K	USD	1 Quarter
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-149.62K	USD	1 Quarter
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-175.20K	USD	1 Quarter
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$2.88K	USD	1 Quarter
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$78.20K	USD	1 Quarter
(Decrease) in Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-78.70K	USD	1 Quarter
(Decrease) in Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-62.30K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-214.36K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-130.63K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-94.11K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-125.73K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.37K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.49K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.49K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.37K	USD	1 Quarter
Redemption of stock	`PaymentsForRepurchaseOfCommonStock`	$108.00K	USD	1 Quarter
Principal repayments of note payable	`RepaymentsOfNotesPayable`	$22.73K	USD	1 Quarter
Principal repayments of note payable	`RepaymentsOfNotesPayable`	$49.85K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-157.85K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.73K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-205.95K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-280.33K	USD	1 Quarter
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	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`	$1.82M	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`	$2.03M	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`	$1.82M	USD	Point-in-time
Payments for income tax	`IncomeTaxesPaid`	$137.42K	USD	1 Quarter
Payments for income tax	`IncomeTaxesPaid`	$121.12K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$40.30K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$33.08K	USD	1 Quarter

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