10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001513162-17-000036`
Period End Date	20161231
Filing Date	20170214
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	pcv-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 40 Cash Flow Statement 47

Balance Sheet 79 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
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	1,800.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,783.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.08M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$42.33K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$21.48K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$22.31K	USD	Point-in-time
Inventory	`InventoryNet`	$191.23K	USD	Point-in-time
Inventory	`InventoryNet`	$191.38K	USD	Point-in-time
Inventory	`InventoryNet`	$192.57K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$29.90K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$156.20K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$134.01K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$142.01K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.75K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.42M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.93M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.83M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.74M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$5.43K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.11K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.69K	USD	Point-in-time
Total Assets	`Assets`	$17.77M	USD	Point-in-time
Total Assets	`Assets`	$17.86M	USD	Point-in-time
Total Assets	`Assets`	$17.36M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$266.48K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$259.29K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$269.30K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$77.88K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$285.68K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$75.63K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.23M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.34M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$86.80K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$117.50K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$116.05K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$125.25K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$38.24K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$39.86K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.05M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$819.10K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$846.20K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$832.30K	USD	Point-in-time
Long Term Notes Payable	`OtherLongTermNotesPayable`	$56.23K	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$1.32M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$1.29M	USD	Point-in-time
N/P Heritage Oaks Bank	`NotesPayableToBankNoncurrent`	$1.76M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$89.07K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$98.03K	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.10M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.42M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.31M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,775 and 1,783 shares outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$5.59M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,775 and 1,783 shares outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares issued 1,775 and 1,783 shares outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$12.95M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.86M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.36M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.77M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$1.38M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$1.45M	USD	1 Quarter
Retail operations	`RetailRevenue`	$305.87K	USD	1 Quarter
Retail operations	`RetailRevenue`	$271.74K	USD	1 Quarter
Total income	`Revenues`	$1.69M	USD	1 Quarter
Total income	`Revenues`	$1.73M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.27M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.24M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$112.95K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$133.09K	USD	1 Quarter
Depreciation	`Depreciation`	$100.28K	USD	1 Quarter
Depreciation	`Depreciation`	$103.28K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.48M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.48M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$244.69K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$211.93K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$1.01K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$1.62K	USD	1 Quarter
Interest expense	`InterestExpense`	$26.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$20.09K	USD	1 Quarter
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-1.30K	USD	1 Quarter
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-1.55K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-26.54K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-19.77K	USD	1 Quarter
Income Before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$224.92K	USD	1 Quarter
Income Before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$185.39K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$112.40K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$79.40K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$112.52K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$105.99K	USD	1 Quarter
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.35M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$8.10M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.35M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$8.10M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$63.39	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$59.44	USD	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$112.52K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$105.99K	USD	1 Quarter
Depreciation	`Depreciation`	$100.28K	USD	1 Quarter
Depreciation	`Depreciation`	$103.28K	USD	1 Quarter
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.44K	USD	1 Quarter
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.02K	USD	1 Quarter
(Increase) in inventory	`IncreaseDecreaseInInventories`	$151.00	USD	1 Quarter
(Increase) in inventory	`IncreaseDecreaseInInventories`	$2.13K	USD	1 Quarter
(Decrease) in deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$13.90K	USD	1 Quarter
(Decrease) in deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.80K	USD	1 Quarter
Decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-126.30K	USD	1 Quarter
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$118.26K	USD	1 Quarter
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$104.97K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.82K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$34.65K	USD	1 Quarter
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-210.05K	USD	1 Quarter
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-206.54K	USD	1 Quarter
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$-30.67K	USD	1 Quarter
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$55.08K	USD	1 Quarter
(Decrease) in Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$36.10K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-34.86K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-156.65K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-50.66K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.66K	USD	1 Quarter
Disposal of fixed assets	`ProceedsFromSaleOfProductiveAssets`	$1.30K	USD	1 Quarter
Disposal of fixed assets	`ProceedsFromSaleOfProductiveAssets`	$1.55K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.54K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$81.64K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.09K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.24K	USD	1 Quarter
Principal repayments of note payable	`RepaymentsOfNotesPayable`	$29.88K	USD	1 Quarter
Principal repayments of note payable	`RepaymentsOfNotesPayable`	$39.14K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-39.14K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.88K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-160.63K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$27.28K	USD	1 Quarter
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.08M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.64M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.08M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.64M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Payments for income tax	`IncomeTaxesPaid`	$49.07K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$26.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$20.09K	USD	1 Quarter

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