10-K Filing

COMMAND SECURITY CORP CIK: 864509 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001144204-14-037875`
Period End Date	20140331
Filing Date	20140616
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	moc-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 36 Cash Flow Statement 64 Stockholders Equity 13

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$627.71K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$772.02K	USD	Point-in-time
Preferred stock, Series A, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Series A, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $627,711 and $772,022, respectively	`AccountsReceivableNet`	$25.33M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $627,711 and $772,022, respectively	`AccountsReceivableNet`	$28.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.85M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.08M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.26M	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$2.85M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.09M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.51M	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$3.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.51M	USD	Point-in-time
Treasury stock, shares held	`TreasuryStockNumberOfSharesHeld`	1.75M	shares	Point-in-time
Treasury stock, shares held	`TreasuryStockNumberOfSharesHeld`	1.75M	shares	Point-in-time
Furniture and equipment at cost, net	`PropertyPlantAndEquipmentNet`	$478.25K	USD	Point-in-time
Furniture and equipment at cost, net	`PropertyPlantAndEquipmentNet`	$669.53K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.16M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$83.09K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$83.12K	USD	Point-in-time
Minority investment in unconsolidated affiliate	`EquityMethodInvestments`	-	USD	Point-in-time
Minority investment in unconsolidated affiliate	`EquityMethodInvestments`	$2.12M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$2.75M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$2.61M	USD	Point-in-time
Total assets	`Assets`	$38.33M	USD	Point-in-time
Total assets	`Assets`	$41.11M	USD	Point-in-time
Checks issued in advance of deposits	`BankOverdrafts`	$1.22M	USD	Point-in-time
Checks issued in advance of deposits	`BankOverdrafts`	$2.10M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$8.48M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$10.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.23M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.10M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.77M	USD	Point-in-time
Insurance reserves	`InsuranceReservesNoncurrent`	$673.16K	USD	Point-in-time
Insurance reserves	`InsuranceReservesNoncurrent`	$604.21K	USD	Point-in-time
Total liabilities	`Liabilities`	$22.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$21.37M	USD	Point-in-time
Commitments and contingencies (Notes 13 and 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 13 and 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, convertible Series A, $.0001 par value per share	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, convertible Series A, $.0001 par value per share	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.0001 par value per share, 50,000,000 shares authorized, 11,257,369 and 9,505,167 shares issued and outstanding, respectively, in 2014 and 10,845,798 and 9,093,598 shares issued and outstanding, respectively in 2013	`CommonStockValue`	$1.13K	USD	Point-in-time
Common stock, $.0001 par value per share, 50,000,000 shares authorized, 11,257,369 and 9,505,167 shares issued and outstanding, respectively, in 2014 and 10,845,798 and 9,093,598 shares issued and outstanding, respectively in 2013	`CommonStockValue`	$1.08K	USD	Point-in-time
Treasury stock, at cost, 1,752,200 and 1,752,200 shares, respectively	`TreasuryStockValue`	$2.89M	USD	Point-in-time
Treasury stock, at cost, 1,752,200 and 1,752,200 shares, respectively	`TreasuryStockValue`	$2.89M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.69M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$2.84M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$3.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$38.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$41.11M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$150.22M	USD	Annual
Revenues	`Revenues`	$156.71M	USD	Annual
Cost of revenues	`CostOfRevenue`	$135.85M	USD	Annual
Cost of revenues	`CostOfRevenue`	$129.97M	USD	Annual
Gross profit	`GrossProfit`	$20.25M	USD	Annual
Gross profit	`GrossProfit`	$20.86M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$17.86M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$18.19M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$392.62K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$405.55K	USD	Annual
Bad debt recoveries	`AllowanceForDoubtfulAccountsReceivableRecoveries`	$17.87K	USD	Annual
Bad debt recoveries	`AllowanceForDoubtfulAccountsReceivableRecoveries`	$15.94K	USD	Annual
Total operating expenses	`OperatingExpenses`	$18.58M	USD	Annual
Total operating expenses	`OperatingExpenses`	$18.24M	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.67M	USD	Annual
Operating income	`OperatingIncomeLoss`	$2.62M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$31.00	USD	Annual
Interest income	`InvestmentIncomeInterest`	$344.00	USD	Annual
Interest expense	`InterestExpense`	$215.55K	USD	Annual
Interest expense	`InterestExpense`	$139.38K	USD	Annual
Other	`OtherNonoperatingIncome`	$-1.54K	USD	Annual
Other	`OtherNonoperatingIncome`	$7.20K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.54M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.40M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.29M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.04M	USD	Annual
Net income	`NetIncomeLoss`	$1.11M	USD	Annual
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Basic	`EarningsPerShareBasic`	$0.05	USD	Annual
Basic	`EarningsPerShareBasic`	$0.12	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.05	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.12	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.46M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.23M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.49M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.61M	shares	Annual

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.11M	USD	Annual
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$675.60K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$676.05K	USD	Annual
Provision for doubtful accounts, net	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$374.75K	USD	Annual
Provision for doubtful accounts, net	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$189.51K	USD	Annual
Rent expense	`NoncashRentExpense`	$204.28K	USD	Annual
Rent expense	`NoncashRentExpense`	$225.37K	USD	Annual
(Gain)/loss on asset dispositions	`GainLossOnDispositionOfAssets`	$7.21K	USD	Annual
(Gain)/loss on asset dispositions	`GainLossOnDispositionOfAssets`	$-1.54K	USD	Annual
Stock based compensation costs	`ShareBasedCompensation`	$191.25K	USD	Annual
Stock based compensation costs	`ShareBasedCompensation`	$152.36K	USD	Annual
Insurance reserves	`IncreaseDecreaseInInsuranceReserves`	$68.95K	USD	Annual
Insurance reserves	`IncreaseDecreaseInInsuranceReserves`	$27.87K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$550.53K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-2.43K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$30.00	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$65.00	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.76M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.04M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-565.99K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.66M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$460.99K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-479.44K	USD	Annual
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.46M	USD	Annual
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-468.19K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.21M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.00M	USD	Annual
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$85.69K	USD	Annual
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$531.56K	USD	Annual
Collections on other receivables	`ProceedsFromCollectionOfOtherReceivables`	-	USD	Annual
Collections on other receivables	`ProceedsFromCollectionOfOtherReceivables`	$258.68K	USD	Annual
Return of escrow funds related to prior business acquisition	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	-	USD	Annual
Return of escrow funds related to prior business acquisition	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	$-398.95K	USD	Annual
Proceeds from equipment dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from equipment dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.42K	USD	Annual
Minority investment in unconsolidated affiliate	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	Annual
Minority investment in unconsolidated affiliate	`ProceedsFromPaymentsToMinorityShareholders`	$-2.12M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$134.48K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.21M	USD	Annual
Net advances/(repayments) on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$1.01M	USD	Annual
Net advances/(repayments) on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$652.61K	USD	Annual
Increase/(decrease) in checks issued in advance of deposits	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$1.21M	USD	Annual
Increase/(decrease) in checks issued in advance of deposits	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-878.26K	USD	Annual
Repurchase and retirement of shares	`PaymentsForRepurchaseOfEquity`	$1.10M	USD	Annual
Repurchase and retirement of shares	`PaymentsForRepurchaseOfEquity`	-	USD	Annual
Proceeds from option exercises, net	`ProceedsFromStockOptionsExercised`	$534.95K	USD	Annual
Proceeds from option exercises, net	`ProceedsFromStockOptionsExercised`	$138.78K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$908.39K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$667.63K	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.46M	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.17M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.47M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$3.47M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Interest	`InterestPaid`	$219.95K	USD	Annual
Interest	`InterestPaid`	$137.32K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$822.28K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$1.96M	USD	Annual
Insurance premium financings	`ProceedsFromOtherShortTermDebt`	$1.02M	USD	Annual
Insurance premium financings	`ProceedsFromOtherShortTermDebt`	$998.77K	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$16.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.23M	USD	Point-in-time
Options exercised, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$138.78K	USD	Annual
Options exercised, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$534.95K	USD	Annual
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$1.10M	USD	Annual
Stock compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$191.25K	USD	Annual
Stock compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$152.36K	USD	Annual
Net income	`NetIncomeLoss`	$1.11M	USD	Annual
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Balance	`StockholdersEquity`	$16.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.23M	USD	Point-in-time

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