10-Q Filing

PISMO COAST VILLAGE INC CIK: 216877 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001513162-18-000123`
Period End Date	20180331
Filing Date	20180515
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	pcv-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 64 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
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`	$2.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,775.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	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`	$3.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$21.26K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.73K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$18.98K	USD	Point-in-time
Inventories	`InventoryNet`	$191.02K	USD	Point-in-time
Inventories	`InventoryNet`	$215.53K	USD	Point-in-time
Inventories	`InventoryNet`	$197.28K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$277.80K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$203.60K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$46.91K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$39.28K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$19.98K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.04M	USD	Point-in-time
Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.63M	USD	Point-in-time
Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.73M	USD	Point-in-time
Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$14.70M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.52K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$17.77M	USD	Point-in-time
Total Assets	`Assets`	$18.24M	USD	Point-in-time
Total Assets	`Assets`	$18.52M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$267.75K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$246.77K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$207.61K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$326.08K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$87.47K	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`	$2.16M	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.49M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$52.60K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	$99.93K	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of note payable	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$29.90K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$47.64K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$41.97K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.18M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$810.60K	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$466.70K	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$822.80K	USD	Point-in-time
Note Payable, net of current portion	`LongTermDebtNoncurrent`	$974.32K	USD	Point-in-time
Note Payable, net of current portion	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Note Payable, net of current portion	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$131.10K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$89.08K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$112.98K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.11M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.46M	USD	Point-in-time
Common stock no par value, 1,800 shares Issued, 1,775 and 1775 shares outstanding at March 31, 2018 and 2017, 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, 2018 and 2017, 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, 2018 and 2017, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.21M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$14.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.40M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.24M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.52M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.77M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$1.63M	USD	1 Quarter
Income	`Revenues`	$1.83M	USD	1 Quarter
Income	`Revenues`	$3.66M	USD	2 Qtrs
Income	`Revenues`	$3.35M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.48M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$2.56M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.26M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.21M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$119.35K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$232.90K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$101.75K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$214.70K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$106.89K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$213.74K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$207.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$104.44K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$2.90M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$1.42M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$1.49M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$3.00M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$210.03K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$656.61K	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$454.72K	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$337.29K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$2.12K	USD	2 Qtrs
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$2.28K	USD	2 Qtrs
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$1.15K	USD	1 Quarter
Interest/dividend income	`InvestmentIncomeInterestAndDividend`	$495.00	USD	1 Quarter
Interest expense	`InterestExpense`	$2.40K	USD	1 Quarter
Interest expense	`InterestExpense`	$18.78K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.80K	USD	2 Qtrs
Interest expense	`InterestExpense`	$38.87K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-1.30K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	-	USD	2 Qtrs
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-2.53K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-38.05K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.25K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-18.28K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$416.67K	USD	2 Qtrs
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$336.05K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$191.75K	USD	1 Quarter
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$654.08K	USD	2 Qtrs
Income Tax (Expense) benefit	`IncomeTaxExpenseBenefit`	$-241.65K	USD	1 Quarter
Income Tax (Expense) benefit	`IncomeTaxExpenseBenefit`	$192.00K	USD	2 Qtrs
Income Tax (Expense) benefit	`IncomeTaxExpenseBenefit`	$79.60K	USD	1 Quarter
Income Tax (Expense) benefit	`IncomeTaxExpenseBenefit`	$-105.25K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$112.15K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$577.70K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$224.67K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$759.33K	USD	2 Qtrs
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$7.98M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$9.84M	USD	Point-in-time
Retained Earnings Beginning of Period	`RetainedEarningsAccumulatedDeficit`	$9.08M	USD	Point-in-time
Retained Earnings Beginning 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`	$9.84M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$9.08M	USD	Point-in-time
Retained Earnings End of Period	`RetainedEarningsAccumulatedDeficit`	$8.21M	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`	$325.46	USD	1 Quarter
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$427.79	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`	$577.70K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$224.67K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$759.33K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$106.89K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$213.74K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$207.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$104.44K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.53K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.35K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$24.51K	USD	2 Qtrs
(Increase) in inventory	`IncreaseDecreaseInInventories`	$6.05K	USD	2 Qtrs
(Increase) in current deferred taxes	`IncreaseDecreaseInCurrentDeferredTaxes`	-	USD	2 Qtrs
(Increase) in current deferred taxes	`IncreaseDecreaseInCurrentDeferredTaxes`	$23.40K	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$47.40K	USD	2 Qtrs
(Increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$277.80K	USD	2 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.54K	USD	2 Qtrs
(Increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$26.94K	USD	2 Qtrs
(Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-20.98K	USD	2 Qtrs
(Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-58.87K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-208.00K	USD	2 Qtrs
(Decrease) in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-238.61K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$818.26K	USD	2 Qtrs
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$669.59K	USD	2 Qtrs
(Decrease) income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
(Decrease) income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-52.60K	USD	2 Qtrs
(Decrease) deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	2 Qtrs
(Decrease) deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$343.90K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-96.48K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$690.08K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$662.85K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$914.75K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.54K	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`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-113.54K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-79.07K	USD	2 Qtrs
Principal payments on long term debt	`ProceedsFromRepaymentsOfDebt`	$-23.79K	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`	$-23.79K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$459.13K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$525.52K	USD	2 Qtrs
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	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`	$3.34M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	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`	$3.08M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.34M	USD	Point-in-time
Cash and Cash Equivalents End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$262.76K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$499.05K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$38.87K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$4.80K	USD	2 Qtrs

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