10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001513162-15-000241`
Period End Date	20150331
Filing Date	20150514
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	pcv-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 70 Cash Flow Statement 58

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.20K	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`	$21.80K	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`	$204.52K	USD	Point-in-time
Inventory	`InventoryNet`	$181.95K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$90.10K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$92.60K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$81.40K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$126.10K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$34.50K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$40.44K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$53.02K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$79.52K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.90M	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`	$14.59M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.31M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$7.18K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$16.08K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$8.35K	USD	Point-in-time
Total Assets	`Assets`	$17.04M	USD	Point-in-time
Total Assets	`Assets`	$17.22M	USD	Point-in-time
Total Assets	`Assets`	$17.61M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$203.91K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$249.49K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$195.84K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$71.21K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$245.11K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$66.40K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.13M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.69M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$139.10K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$97.24K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$208.02K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$100.49K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.16M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$893.80K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$918.40K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$877.70K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$65.05K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$79.85K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$94.73K	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.85M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.29M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$2.32M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.59M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.96M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.16M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 shares outstanding at March 31, 2015 and 2014, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 shares outstanding at March 31, 2015 and 2014, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,783 shares outstanding at March 31, 2015 and 2014, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$12.02M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.22M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.61M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.04M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$1.16M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$1.37M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$2.33M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$2.66M	USD	2 Qtrs
Retail operations	`RetailRevenue`	$509.67K	USD	2 Qtrs
Retail operations	`RetailRevenue`	$250.76K	USD	1 Quarter
Retail operations	`RetailRevenue`	$263.95K	USD	1 Quarter
Retail operations	`RetailRevenue`	$528.32K	USD	2 Qtrs
Total income	`Revenues`	$1.43M	USD	1 Quarter
Total income	`Revenues`	$1.62M	USD	1 Quarter
Total income	`Revenues`	$2.85M	USD	2 Qtrs
Total income	`Revenues`	$3.17M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.11M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.01M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.24M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.10M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$119.33K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$121.49K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$240.36K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$228.04K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$181.85K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$199.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$99.49K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.67M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$2.53M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.31M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$1.22M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$206.13K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$305.46K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$498.17K	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$320.02K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.03K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$988.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.64K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.14K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.94K	USD	1 Quarter
Interest expense	`InterestExpense`	$79.58K	USD	2 Qtrs
Interest expense	`InterestExpense`	$65.02K	USD	2 Qtrs
Interest expense	`InterestExpense`	$39.29K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-38.30K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-77.56K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-63.37K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-30.80K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.84K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$434.80K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$274.66K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.46K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$68.00K	USD	1 Quarter
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$293.40K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$106.10K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$221.90K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$99.84K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$52.76K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$136.36K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$141.40K	USD	2 Qtrs
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$6.28M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$6.43M	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`	$6.28M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$5.63M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$6.43M	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`	$76.31	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`	$29.59	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$79.30	USD	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$99.84K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$52.76K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$136.36K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$141.40K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$181.85K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$199.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$99.49K	USD	1 Quarter
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.18K	USD	2 Qtrs
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.81K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$27.11K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$20.09K	USD	2 Qtrs
Decrease in current deferred taxes	`IncreaseDecreaseInCurrentDeferredTaxes`	$-1.40K	USD	2 Qtrs
Decrease in current deferred taxes	`IncreaseDecreaseInCurrentDeferredTaxes`	$-2.50K	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$126.10K	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$34.50K	USD	2 Qtrs
Increase (Decrease) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-12.58K	USD	2 Qtrs
Increase (Decrease) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$31.39K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.16K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.20K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.88K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$45.57K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-147.96K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-173.90K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$758.81K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$770.85K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-139.10K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-121.10K	USD	2 Qtrs
(Decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$16.20K	USD	2 Qtrs
(Decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$24.60K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$628.65K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$502.48K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$770.04K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$638.84K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$129.49K	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`	$-129.49K	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`	$100.74K	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$46.60K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-208.74K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.60K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$306.60K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$593.95K	USD	2 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.11M	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`	$2.62M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	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`	$2.03M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.41M	USD	Point-in-time
Payments for interest	`InterestPaid`	$79.58K	USD	2 Qtrs
Payments for interest	`InterestPaid`	$65.02K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$247.00K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$350.00K	USD	2 Qtrs

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