10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001513162-17-000145`
Period End Date	20170331
Filing Date	20170512
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	pcv-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 74 Cash Flow Statement 56

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	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
Accounts receivable	`AccountsReceivableNetCurrent`	$18.98K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$42.33K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.24K	USD	Point-in-time
Inventory	`InventoryNet`	$197.28K	USD	Point-in-time
Inventory	`InventoryNet`	$191.23K	USD	Point-in-time
Inventory	`InventoryNet`	$196.02K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$103.40K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$156.20K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$357.20K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$203.60K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$39.28K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.75K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$25.33K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.03M	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`	$14.70M	USD	Point-in-time
Pismo Coast Village Recreational Vehicle Resort and Related Assets Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.97M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$4.85K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.52K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.69K	USD	Point-in-time
Total Assets	`Assets`	$18.24M	USD	Point-in-time
Total Assets	`Assets`	$18.15M	USD	Point-in-time
Total Assets	`Assets`	$17.86M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$242.95K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$266.48K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$207.61K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$76.29K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$285.68K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$77.68K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$2.16M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.96M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.34M	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$116.05K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$95.52K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$99.93K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$39.86K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$29.90K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$42.99K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.05M	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$822.80K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$846.20K	USD	Point-in-time
Long-term deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$927.70K	USD	Point-in-time
N/P, net of current portion	`LongTermDebtNoncurrent`	$1.32M	USD	Point-in-time
N/P, net of current portion	`LongTermDebtNoncurrent`	$1.74M	USD	Point-in-time
N/P, net of current portion	`LongTermDebtNoncurrent`	$974.32K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$98.03K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$115.43K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$89.08K	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.20M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.46M	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 1775 shares outstanding at March 31, 2017 and 2016, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,775 and 1775 shares outstanding at March 31, 2017 and 2016, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,775 and 1775 shares outstanding at March 31, 2017 and 2016, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$12.95M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.15M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.86M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.24M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Resort operations	`OtherHotelOperatingRevenue`	$1.39M	USD	1 Quarter
Resort operations	`OtherHotelOperatingRevenue`	$2.81M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$2.85M	USD	2 Qtrs
Resort operations	`OtherHotelOperatingRevenue`	$1.42M	USD	1 Quarter
Retail operations	`RetailRevenue`	$507.39K	USD	2 Qtrs
Retail operations	`RetailRevenue`	$235.66K	USD	1 Quarter
Retail operations	`RetailRevenue`	$302.31K	USD	1 Quarter
Retail operations	`RetailRevenue`	$608.19K	USD	2 Qtrs
Total income	`Revenues`	$3.41M	USD	2 Qtrs
Total income	`Revenues`	$1.63M	USD	1 Quarter
Total income	`Revenues`	$3.35M	USD	2 Qtrs
Total income	`Revenues`	$1.72M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.21M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.49M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.48M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.25M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$214.70K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$101.75K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$257.60K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$124.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$105.17K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$207.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$104.44K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$205.46K	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$2.96M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.42M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.90M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.48M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$247.16K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$454.72K	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$210.03K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$459.09K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.52K	USD	2 Qtrs
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$495.00	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$1.51K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$2.12K	USD	2 Qtrs
Interest expense	`InterestExpense`	$18.78K	USD	1 Quarter
Interest expense	`InterestExpense`	$38.87K	USD	2 Qtrs
Interest expense	`InterestExpense`	$25.94K	USD	1 Quarter
Interest expense	`InterestExpense`	$51.94K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-1.55K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-1.30K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-24.43K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-50.97K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-18.28K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-38.05K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$416.67K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$191.75K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$222.74K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$408.12K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$-800.00	USD	1 Quarter
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$192.00K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$78.60K	USD	2 Qtrs
Income Tax Expense (benefit)	`IncomeTaxExpenseBenefit`	$79.60K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$112.15K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$223.53K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$224.67K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$329.52K	USD	2 Qtrs
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$8.21M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.38M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Redemption of Stock	`RedemptionOfStockIncreaseDecreaseInRetianedEarnings`	-	USD	2 Qtrs
Redemption of Stock	`RedemptionOfStockIncreaseDecreaseInRetianedEarnings`	$-190.90K	USD	2 Qtrs
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$8.21M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.38M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$7.25M	USD	Point-in-time
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$126.57	USD	2 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$125.94	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$185.65	USD	2 Qtrs
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$63.18	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$112.15K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$223.53K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$224.67K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$329.52K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$105.17K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$207.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$104.44K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$205.46K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.35K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.68K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$5.58K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$6.05K	USD	2 Qtrs
(Increase) in current deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$23.40K	USD	2 Qtrs
(Increase) in current deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$600.00	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$47.40K	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$357.20K	USD	2 Qtrs
(Increase) Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.54K	USD	2 Qtrs
(Increase) Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.70K	USD	2 Qtrs
Increase (Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-58.87K	USD	2 Qtrs
Increase (Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.31K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-208.14K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-208.00K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$818.26K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$702.49K	USD	2 Qtrs
(Decrease) income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
(Decrease) income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-50.70K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$690.08K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$335.42K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$664.94K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$914.75K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$218.44K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.37K	USD	2 Qtrs
Loss on sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.30K	USD	2 Qtrs
Loss on sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.55K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-79.07K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-216.89K	USD	2 Qtrs
Redemption of Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Redemption of Stock	`PaymentsForRepurchaseOfCommonStock`	$216.00K	USD	2 Qtrs
Principal payments on long term debt	`ProceedsFromRepaymentsOfDebt`	$17.96K	USD	2 Qtrs
Principal payments on long term debt	`ProceedsFromRepaymentsOfDebt`	$-376.55K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-376.55K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-198.04K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$459.13K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$250.01K	USD	2 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	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`	$2.24M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.49M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Payments for interest	`InterestPaid`	$38.87K	USD	2 Qtrs
Payments for interest	`InterestPaid`	$51.94K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$262.76K	USD	2 Qtrs
Payments for income tax	`IncomeTaxesPaid`	$438.00K	USD	2 Qtrs

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