$CPHC
Canterbury Park Holding Corp Stock $cphc

$cphc Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000143774921011628 Filed on May 11, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$9.226M	$10.95M
YoY Change	-15.74%	-5.53%
Cost Of Revenue	$1.540M	$2.080M
YoY Change	-25.96%	-17.13%
Gross Profit	$7.170M	$8.870M
YoY Change	-19.17%	-2.31%
Gross Profit Margin	77.72%	81.01%
Selling, General & Admin	$5.040M	$7.020M
YoY Change	-28.21%	-2.77%
% of Gross Profit	70.29%	79.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$689.6K	$716.9K
YoY Change	-3.8%	13.79%
% of Gross Profit	9.62%	8.08%
Operating Expenses	$6.420M	$8.730M
YoY Change	-26.46%	-2.89%
Operating Profit	$1.272M	$141.7K
YoY Change	797.78%	57.44%
Interest Expense	-$470.0K	$160.0K
YoY Change	-393.75%	166.67%
% of Operating Profit	-36.95%	112.92%
Other Income/Expense, Net	-$468.4K	$163.7K
YoY Change	-386.15%
Pretax Income	$804.0K	$305.4K
YoY Change	163.27%	663.46%
Income Tax	$252.2K	$50.16K
% Of Pretax Income	31.37%	16.43%
Net Earnings	$551.5K	$255.2K
YoY Change	116.08%	325.37%
Net Earnings / Revenue	5.98%	2.33%
Basic Earnings Per Share	$0.12	$0.05
Diluted Earnings Per Share	$0.12	$0.05
COMMON SHARES
Basic Shares Outstanding	4.754M	4.660M
Diluted Shares Outstanding	4.755M	4.663M

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.270M	$0.00
YoY Change		-100.0%
Cash & Equivalents	$2.271M
Short-Term Investments		$0.00
Other Short-Term Assets	$4.570M	$3.610M
YoY Change	26.59%	-45.8%
Inventory	$220.7K	$290.0K
Prepaid Expenses	$711.1K
Receivables	$322.1K	$360.0K
Other Receivables	$3.560M	$90.00K
Total Short-Term Assets	$10.94M	$4.350M
YoY Change	151.44%	-51.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.01M	$44.31M
YoY Change	-25.49%	8.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.877M	$2.990M
YoY Change	130.01%	0.0%
Other Assets	$130.0K	$50.00K
YoY Change	160.0%	-96.15%
Total Long-Term Assets	$58.37M	$60.75M
YoY Change	-3.91%	14.8%
TOTAL ASSETS
Total Short-Term Assets	$10.94M	$4.350M
Total Long-Term Assets	$58.37M	$60.75M
Total Assets	$69.31M	$65.10M
YoY Change	6.47%	5.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.937M	$4.750M
YoY Change	-59.22%	15.29%
Accrued Expenses	$2.889M	$3.850M
YoY Change	-24.95%	-19.29%
Deferred Revenue	$483.2K
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$30.00K	$20.00K
YoY Change	50.0%	0.0%
Total Short-Term Liabilities	$9.842M	$10.43M
YoY Change	-5.64%	-5.01%
LONG-TERM LIABILITIES
Long-Term Debt	$40.00K	$70.00K
YoY Change	-42.86%	-22.22%
Other Long-Term Liabilities	$20.00K	$50.00K
YoY Change	-60.0%	400.0%
Total Long-Term Liabilities	$7.410M	$120.0K
YoY Change	6074.9%	20.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.842M	$10.43M
Total Long-Term Liabilities	$7.410M	$120.0K
Total Liabilities	$17.25M	$15.20M
YoY Change	13.5%	0.4%
SHAREHOLDERS EQUITY
Retained Earnings	$28.17M
YoY Change
Common Stock	$23.90M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$52.06M	$49.89M
YoY Change
Total Liabilities & Shareholders Equity	$69.31M	$65.10M
YoY Change	6.47%	5.15%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$551.5K	$255.2K
YoY Change	116.08%	325.37%
Depreciation, Depletion And Amortization	$689.6K	$716.9K
YoY Change	-3.8%	13.79%
Cash From Operating Activities	$1.693M	$350.8K
YoY Change	382.71%	-75.97%
INVESTING ACTIVITIES
Capital Expenditures	$129.3K	$825.9K
YoY Change	-84.35%	-117.21%
Acquisitions
YoY Change
Other Investing Activities	$80.00K	$100.0K
YoY Change	-20.0%
Cash From Investing Activities	-$54.39K	-$870.6K
YoY Change	-93.75%	-81.86%
FINANCING ACTIVITIES
Cash Dividend Paid	$494.00	$324.4K
YoY Change	-99.85%
Common Stock Issuance & Retirement, Net	$48.60K	$76.59K
YoY Change	-36.55%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$15.84K	-326.2K
YoY Change	-104.85%	41.84%
NET CHANGE
Cash From Operating Activities	$1.693M	350.8K
Cash From Investing Activities	-$54.39K	-870.6K
Cash From Financing Activities	$15.84K	-326.2K
Net Change In Cash	$1.655M	-846.0K
YoY Change	-295.61%	-76.3%
FREE CASH FLOW
Cash From Operating Activities	$1.693M	$350.8K
Capital Expenditures	$129.3K	$825.9K
Free Cash Flow	$1.564M	-$475.1K
YoY Change	-429.22%	-107.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q1	cphc	Accounts Payable To Horsepersons AccountsPayableToHorsepersons	1339346
CY2020Q4	cphc	Accounts Payable To Horsepersons AccountsPayableToHorsepersons	2374696
CY2021Q1	cphc	Estimated Cost Of Tax Increment Financing Eligible Improvements Expected Reduction EstimatedCostOfTaxIncrementFinancingEligibleImprovementsExpectedReduction	7670000
CY2021Q1	cphc	Funds Due To Organization FundsDueToOrganization	2000000
CY2020Q1	cphc	Funds Due To Organization FundsDueToOrganization	1185000
CY2021Q1	cphc	Increase Decrease In Accounts Payable To Horsepersons IncreaseDecreaseInAccountsPayableToHorsepersons	-1035350
CY2020Q1	cphc	Increase Decrease In Accounts Payable To Horsepersons IncreaseDecreaseInAccountsPayableToHorsepersons	327215
CY2021Q1	cphc	Increase Decrease In Card Casino Accruals IncreaseDecreaseInCardCasinoAccruals	561291
CY2020Q1	cphc	Increase Decrease In Card Casino Accruals IncreaseDecreaseInCardCasinoAccruals	-512051
CY2021Q1	cphc	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities
CY2020Q1	cphc	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-1921
CY2021Q1	cphc	Increase Decrease In Operating Lease Right Of Use Assets IncreaseDecreaseInOperatingLeaseRightOfUseAssets
CY2020Q1	cphc	Increase Decrease In Operating Lease Right Of Use Assets IncreaseDecreaseInOperatingLeaseRightOfUseAssets	-1921
CY2021Q1	cphc	Minimum Number Of Payments Provided Conditions Are Met MinimumNumberOfPaymentsProvidedConditionsAreMet	5
CY2021Q1	cphc	Minnesota Breeders Fund MinnesotaBreedersFund	175140
CY2020Q1	cphc	Minnesota Breeders Fund MinnesotaBreedersFund	189744
CY2020Q2	cphc	Obligation By Third Party Per Agreement Due In Next Twelve Months ObligationByThirdPartyPerAgreementDueInNextTwelveMonths	5620000
CY2020Q2	cphc	Obligation By Third Party Per Agreement Due Remainder Of Fiscal Year ObligationByThirdPartyPerAgreementDueRemainderOfFiscalYear	7380000
CY2021Q1	cphc	Off Track Betting Payment Per Operating Year OffTrackBettingPaymentPerOperatingYear	700000
CY2021Q1	cphc	Offtrack Betting Payment Per Operating Year Percentage Of Net Pretax Profit Payment OfftrackBettingPaymentPerOperatingYearPercentageOfNetPretaxProfitPayment	0.2
CY2021Q1	cphc	Operating And Finance Lease Rightofuse Asset OperatingAndFinanceLeaseRightofuseAsset	110523
CY2020Q4	cphc	Operating And Finance Lease Rightofuse Asset OperatingAndFinanceLeaseRightofuseAsset	116841
CY2021Q1	cphc	Payments For Tax Increment Financing Eligible Improvements PaymentsForTaxIncrementFinancingEligibleImprovements	152587
CY2020Q1	cphc	Payments For Tax Increment Financing Eligible Improvements PaymentsForTaxIncrementFinancingEligibleImprovements	148557
CY2021Q1	cphc	Purse Expense PurseExpense	976360
CY2020Q1	cphc	Purse Expense PurseExpense	1103394
CY2021Q1	cphc	Source Of Revenues Of Horse Racing Segment SourceOfRevenuesOfHorseRacingSegment	0.25
CY2021Q1	cphc	Tif Improvement Costs TIFImprovementCosts	23336500
CY2021Q1	cphc	Transfer Of Future Tax Increment Financing Reimbursed Costs From Property Plant And Equipment TransferOfFutureTaxIncrementFinancingReimbursedCostsFromPropertyPlantAndEquipment	153000
CY2020Q1	cphc	Transfer Of Future Tax Increment Financing Reimbursed Costs From Property Plant And Equipment TransferOfFutureTaxIncrementFinancingReimbursedCostsFromPropertyPlantAndEquipment	149000
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	40000
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	Canterbury Park Holding Corp
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	998135
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001672909
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4764942
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2021Q1	dei	Security12b Title Security12bTitle	Common Stock, $.01 par value
CY2021Q1	dei	Trading Symbol TradingSymbol	cphc
CY2021Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1937039
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2953586
CY2021Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	322135
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	231255
CY2020Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	804817
CY2021Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2889285
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2327994
CY2021Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	23847636
CY2020Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	23631618
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	103130
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	57606
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	19250
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	19250
CY2020Q2	us-gaap	Area Of Land AreaOfLand	11.3
CY2020Q2	us-gaap	Area Of Land AreaOfLand	2.4
CY2021Q1	us-gaap	Assets Assets	69312034
CY2020Q4	us-gaap	Assets Assets	68804787
CY2021Q1	us-gaap	Assets Current AssetsCurrent	10937487
CY2020Q4	us-gaap	Assets Current AssetsCurrent	9452021
CY2021Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	68000
CY2020Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	298000
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2271227
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	4471712
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	3927098
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	6126595
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	3081073
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1654883
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-846025
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2020Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2021Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	10000000
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	10000000
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4764942
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4748012
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4764942
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4748012
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	47649
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	47480
CY2021Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	483154
CY2020Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	435866
CY2021Q1	us-gaap	Costs And Expenses CostsAndExpenses	7953431
CY2020Q1	us-gaap	Costs And Expenses CostsAndExpenses	10807264
CY2021Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit
CY2020Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	259200
CY2021Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7347700
CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7347700
CY2021Q1	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	49500
CY2020Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	49500
CY2021Q1	us-gaap	Depreciation Depreciation	689585
CY2020Q1	us-gaap	Depreciation Depreciation	716853
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	689585
CY2020Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	716853
CY2021Q1	us-gaap	Dividends Dividends	494
CY2021Q1	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	1464583
CY2020Q4	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	1541910
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2021Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2146481
CY2020Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1150102
CY2021Q1	us-gaap	Equity Method Investments EquityMethodInvestments	6877405
CY2020Q4	us-gaap	Equity Method Investments EquityMethodInvestments	7515108
CY2021Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	65466
CY2021Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	26071
CY2020Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	25749
CY2021Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	39395
CY2020Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	46035
CY2021Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	69632
CY2021Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	28743
CY2021Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	19332
CY2021Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	21557
CY2021Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	4166
CY2021Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	6318
CY2020Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	6011
CY2021Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	65466
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	71784
CY2021Q1	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	60172
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	53853
CY2021Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	6319
CY2020Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	6319
CY2021Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.05
CY2020Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.05
CY2021Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P2Y146D
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CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	803717
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	305385
CY2021Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-637704
CY2020Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	252224
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	50164
CY2021Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	100000
CY2020Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet
CY2021Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	3556915
CY2020Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	4031621
CY2021Q1	us-gaap	Income Taxes Receivable Noncurrent IncomeTaxesReceivableNoncurrent	12041157
CY2020Q4	us-gaap	Income Taxes Receivable Noncurrent IncomeTaxesReceivableNoncurrent	11888570
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1084383
CY2020Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	960781
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	90880
CY2020Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	67218
CY2021Q1	us-gaap	Inventory Net InventoryNet	220693
CY2020Q4	us-gaap	Inventory Net InventoryNet	218791
CY2021Q1	us-gaap	Investment Income Net InvestmentIncomeNet	169310
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-204511
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	47288
CY2020Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-127309
CY2021Q1	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	-77327
CY2020Q1	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties
CY2021Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	996379
CY2020Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-1364320
CY2021Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-474706
CY2020Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	645771
CY2021Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	291132
CY2020Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-74733
CY2021Q1	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	193318
CY2020Q1	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	254913
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	1000
CY2020Q1	us-gaap	Interest Paid Net InterestPaidNet	11000
CY2020Q1	us-gaap	Investment Income Net InvestmentIncomeNet	163690
CY2021Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	3967348
CY2020Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5577893
CY2021Q1	us-gaap	Land Available For Development LandAvailableForDevelopment	4805417
CY2020Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	4805417
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	46200
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	23100
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	23100
CY2021Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	1143
CY2021Q1	us-gaap	Liabilities Liabilities	17251663
CY2020Q4	us-gaap	Liabilities Liabilities	17511602
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	69312034
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	68804787
CY2021Q1	us-gaap	Liabilities Current LiabilitiesCurrent	9841782
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	10095081
CY2021Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	7409881
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	7416521
CY2021Q1	us-gaap	Line Of Credit LineOfCredit	0
CY2021Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	10000000
CY2021Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	8750000
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	0
CY2021Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	56452
CY2020Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	183988
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	15838
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-326237
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-870608
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1843556
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	350820
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	551493
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	255221
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-468394
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	163690
CY2021Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1272111
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	141695
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	0
CY2020Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	2031
CY2021Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	61671
CY2020Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	80680
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	45057
CY2021Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	22271
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	22271
CY2021Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	22786
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	22786
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	45057
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	45057
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2020Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P292D
CY2020Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P292D
CY2021Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	686037
CY2020Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	987457
CY2021Q1	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates
CY2020Q1	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	-103886
CY2021Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	494
CY2020Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	324439
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	25948
CY2020Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	72379
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	129251
CY2020Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	825937
CY2021Q1	us-gaap	Pension Expense Reversal Of Expense Noncash PensionExpenseReversalOfExpenseNoncash	90407
CY2020Q1	us-gaap	Pension Expense Reversal Of Expense Noncash PensionExpenseReversalOfExpenseNoncash	160967
CY2021Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	711149
CY2020Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	498642
CY2021Q1	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	76723
CY2020Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	48598
CY2020Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	76592
CY2021Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit
CY2020Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1450000
CY2020Q2	us-gaap	Proceeds From Sale Of Land Heldforinvestment ProceedsFromSaleOfLandHeldforinvestment	2400000
CY2020Q2	us-gaap	Proceeds From Sale Of Land Heldforinvestment ProceedsFromSaleOfLandHeldforinvestment	1100000
CY2021Q1	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	735847
CY2020Q1	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	972324
CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33014705
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33507204
CY2021Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit
CY2020Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	1450000
CY2021Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	3855368
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	4471712
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	28165086
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	27614087
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	9225542
CY2020Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10948959
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	103130
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	57606
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	5346
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	13.30
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	9000
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.30
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2021Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	13.30
CY2021Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2021Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
CY2021Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
CY2021Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
CY2021Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	3654
CY2021Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	90407
CY2020Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	160967
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-25948
CY2020Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-72379
CY2021Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	48598
CY2020Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	200790
CY2020Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	124198
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	51293185
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	52060371
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	49416110
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	49894117
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	8
CY2020Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3096
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4754504
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4662675
CY2021Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4754496
CY2020Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4659579
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4754496
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4659579

Files In Submission

Name	View Source	Status
0001437749-21-011628-index-headers.html	Edgar Link	pending
0001437749-21-011628-index.html	Edgar Link	pending
0001437749-21-011628.txt	Edgar Link	pending
0001437749-21-011628-xbrl.zip	Edgar Link	pending
cphc-20200930ex991dfae1a001.jpg	Edgar Link	pending
cphc-20210331.xml	Edgar Link	completed
cphc-20210331.xsd	Edgar Link	pending
cphc-20210331_cal.xml	Edgar Link	unprocessable
cphc-20210331_def.xml	Edgar Link	unprocessable
cphc-20210331_lab.xml	Edgar Link	unprocessable
cphc-20210331_pre.xml	Edgar Link	unprocessable
cphc20210331_10q.htm	Edgar Link	pending
ex_237705.htm	Edgar Link	pending
ex_237706.htm	Edgar Link	pending
ex_237707.htm	Edgar Link	pending
ex_237708.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
logo.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CPHC
Canterbury Park Holding Corp Stock $cphc

2021 Q1 Form 10-Q Financial Statement

#000143774921011628 Filed on May 11, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CPHC Canterbury Park Holding Corp Stock $cphc

2021 Q1 Form 10-Q Financial Statement

#000143774921011628 Filed on May 11, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CPHC
Canterbury Park Holding Corp Stock $cphc