10-K Filing

PISMO COAST VILLAGE INC CIK: 216877 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001513162-18-000316`
Period End Date	20180930
Filing Date	20181219
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	pcv-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 36 Cash Flow Statement 56 Stockholders Equity 10 Comprehensive Income 2

Balance Sheet 52 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
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`	$2.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	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`	$21.26K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$55.41K	USD	Point-in-time
Inventories	`InventoryNet`	$182.44K	USD	Point-in-time
Inventories	`InventoryNet`	$191.02K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$15.42K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$19.98K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.04M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$14.61M	USD	Point-in-time
Net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$14.73M	USD	Point-in-time
Investments	`Investments`	$111.20K	USD	Point-in-time
Investments	`Investments`	-	USD	Point-in-time
Total Assets	`Assets`	$17.77M	USD	Point-in-time
Total Assets	`Assets`	$19.17M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$251.86K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$267.75K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$338.11K	USD	Point-in-time
Accrued salaries and vacation	`EmployeeRelatedLiabilitiesCurrent`	$326.08K	USD	Point-in-time
Rental deposits	`RentalDeposits`	$1.50M	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`	$8.30K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$47.64K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$40.43K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.14M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$810.60K	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$520.30K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$168.48K	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$131.10K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.83M	USD	Point-in-time
Common stock no par value, 1,800 shares issued, 1,775 and 1,775 shares outstanding at September 30, 2018 and 2017, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Common stock no par value, 1,800 shares issued, 1,775 and 1,775 shares outstanding at September 30, 2018 and 2017, respectively	`CommonStockValue`	$5.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.08M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$78.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$14.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$16.35M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$19.17M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$17.77M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Income	`Revenues`	$8.47M	USD	Annual
Income	`Revenues`	$8.21M	USD	Annual
Operating expenses	`OperatingExpenses`	$5.29M	USD	Annual
Operating expenses	`OperatingExpenses`	$5.49M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$540.38K	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$509.81K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$417.90K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$431.28K	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.46M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.22M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$2.01M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.99M	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$6.24K	USD	Annual
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$4.33K	USD	Annual
Interest expense	`InterestExpense`	$64.24K	USD	Annual
Interest expense	`InterestExpense`	$10.13K	USD	Annual
Gain (Loss) on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-5.25K	USD	Annual
Gain (Loss) on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$1.25K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-65.16K	USD	Annual
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-2.64K	USD	Annual
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.93M	USD	Annual
Income Before Provision for Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.01M	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$834.00K	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$386.30K	USD	Annual
Net Income	`NetIncomeLoss`	$1.62M	USD	Annual
Net Income	`NetIncomeLoss`	$1.09M	USD	Annual
Change in unrealized holding gains on available-for-sale securities, net of applicable deferred taxes of $33,200	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$78.00K	USD	Annual
Change in unrealized holding gains on available-for-sale securities, net of applicable deferred taxes of $33,200	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$78.00K	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.09M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.70M	USD	Annual
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$915.04	USD	Annual
Net Income Per Share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$615.38	USD	Annual
Total comprehensive income per share (in Dollars per share)	`ComprehensiveIncomePerShare`	$958.99	USD	Annual
Total comprehensive income per share (in Dollars per share)	`ComprehensiveIncomePerShare`	$615.38	USD	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.62M	USD	Annual
Net income	`NetIncomeLoss`	$1.09M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$417.90K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$431.28K	USD	Annual
(Gain) Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.25K	USD	Annual
(Gain) Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.25K	USD	Annual
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$34.15K	USD	Annual
(Increase) Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.07K	USD	Annual
Decrease in inventory	`IncreaseDecreaseInInventories`	$-8.59K	USD	Annual
Decrease in inventory	`IncreaseDecreaseInInventories`	$-206.00	USD	Annual
Decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-156.20K	USD	Annual
Decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	Annual
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.77K	USD	Annual
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-4.55K	USD	Annual
Increase (Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.27K	USD	Annual
Increase (Decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.89K	USD	Annual
Increase in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$40.40K	USD	Annual
Increase in accrued salaries and vacation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$12.02K	USD	Annual
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$10.20K	USD	Annual
Increase in rental deposits	`IncreaseDecreaseInRentalDeposits`	$148.29K	USD	Annual
Increase (Decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-44.30K	USD	Annual
Increase (Decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$52.60K	USD	Annual
(Increase) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$35.60K	USD	Annual
(Increase) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$323.50K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$47.55K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$811.35K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.90M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.67M	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfProductiveAssets`	$21.81K	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfProductiveAssets`	$1.40K	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$258.62K	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$231.28K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-229.88K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-236.81K	USD	Annual
Principal payments on note payable	`RepaymentsOfNotesPayable`	$1.43M	USD	Annual
Principal payments on note payable	`RepaymentsOfNotesPayable`	-	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$39.86K	USD	Annual
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$51.21K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.47M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.21K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$195.10K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.39M	USD	Annual
Cash and Cash Equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	USD	Point-in-time
Cash and Cash Equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash and Cash Equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and Cash Equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	USD	Point-in-time
Cash and Cash Equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash paid for income tax	`IncomeTaxesPaid`	$860.00K	USD	Annual
Cash paid for income tax	`IncomeTaxesPaid`	$684.05K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$64.24K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$10.13K	USD	Annual
Property, plant and equipment obtained through capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$81.37K	USD	Annual
Property, plant and equipment obtained through capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$80.71K	USD	Annual
Increase in investments from dividend distribution	`TransferToInvestments`	$111.20K	USD	Annual
Increase in investments from dividend distribution	`TransferToInvestments`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$14.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.55M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$1.62M	USD	Annual
Net Income	`NetIncomeLoss`	$1.09M	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$78.00K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Balance	`StockholdersEquity`	$14.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.55M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.35M	USD	Point-in-time

Comprehensive Income 2 line items

Line Item	Tag	Value	Unit	Period
Applicable deferred taxes	`DeferredTaxLiabilitiesUnrealizedGainsOnInvestment`	-	USD	Point-in-time
Applicable deferred taxes	`DeferredTaxLiabilitiesUnrealizedGainsOnInvestment`	$33.20K	USD	Point-in-time

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