XML 39 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES OF CONTINUING OPERATIONS    
Net income $ 2,161,340us-gaap_IncomeLossFromContinuingOperations $ 1,423,492us-gaap_IncomeLossFromContinuingOperations
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 1,074,737us-gaap_DepreciationDepletionAndAmortization 748,832us-gaap_DepreciationDepletionAndAmortization
(Gain) on disposition of property & equipment 0us-gaap_GainLossOnDispositionOfAssets (675)us-gaap_GainLossOnDispositionOfAssets
Stock based compensation expense 21,164us-gaap_ShareBasedCompensation 22,839us-gaap_ShareBasedCompensation
Deferred rent liability (18,794)WVVI_DeferredRentLiability (14,751)WVVI_DeferredRentLiability
Deferred income taxes (20,000)us-gaap_DeferredIncomeTaxExpenseBenefit 383,000us-gaap_DeferredIncomeTaxExpenseBenefit
Deferred revenue-distribution agreement (142,860)us-gaap_IncreaseDecreaseInDeferredRevenue (142,860)us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred gain (32,094)WVVI_DeferredGain (32,095)WVVI_DeferredGain
Change in operating assets and liabilities:    
Accounts receivable, net (382,733)us-gaap_IncreaseDecreaseInAccountsReceivable (140,841)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (77,258)us-gaap_IncreaseDecreaseInInventories (606,428)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 27,745us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (88,266)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Distribution agreement receivable 250,000us-gaap_IncreaseDecreaseInOtherReceivables 250,000us-gaap_IncreaseDecreaseInOtherReceivables
Income taxes receivable (179,651)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable (134,629)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Income taxes payable 0us-gaap_IncreaseDecreaseInAccruedTaxesPayable (17,659)us-gaap_IncreaseDecreaseInAccruedTaxesPayable
Unearned revenue 34,435WVVI_IncreaseDecreaseUnearnedRevenue 0WVVI_IncreaseDecreaseUnearnedRevenue
Grapes payable 9,823WVVI_IncreaseDecreaseGrapesPayables 149,444WVVI_IncreaseDecreaseGrapesPayables
Accounts payable 185,949us-gaap_IncreaseDecreaseInAccountsPayable (88,640)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses 94,745us-gaap_IncreaseDecreaseInAccruedLiabilities (17,934)us-gaap_IncreaseDecreaseInAccruedLiabilities
Net cash from operating activities 3,006,548us-gaap_NetCashProvidedByUsedInOperatingActivities 1,692,829us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES OF CONTINUING OPERATIONS    
Additions to vineyard development (1,186,997)WVVI_AdditionsToVineyardDevelopment (764,910)WVVI_AdditionsToVineyardDevelopment
Additions to property and equipment (2,529,512)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (5,970,933)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property and equipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 19,750us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Payments received on note receivable 0us-gaap_ProceedsFromCollectionOfNotesReceivable 23,231us-gaap_ProceedsFromCollectionOfNotesReceivable
Net cash from investing activities (3,716,509)us-gaap_NetCashProvidedByUsedInInvestingActivities (6,692,862)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES OF CONTINUING OPERATIONS    
Proceeds from long-term debt held as restricted cash 450,000WVVI_ProceedsFromLongtermDebtHeldAsRestrictedCash (450,000)WVVI_ProceedsFromLongtermDebtHeldAsRestrictedCash
Payments on long-term debt (314,451)us-gaap_RepaymentsOfLongTermDebt (209,493)us-gaap_RepaymentsOfLongTermDebt
Borrowings on long-term debt 0us-gaap_ProceedsFromIssuanceOfDebt 2,000,000us-gaap_ProceedsFromIssuanceOfDebt
Payment of debt issuance costs 0us-gaap_PaymentsOfDebtIssuanceCosts (15,000)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from stock option exercised 148,490us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions 177,320us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
Repurchase of common stock 0us-gaap_PaymentsForRepurchaseOfCommonStock (105,887)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash from financing activities 284,039us-gaap_NetCashProvidedByUsedInFinancingActivities 1,396,940us-gaap_NetCashProvidedByUsedInFinancingActivities
CASH FLOWS FROM DISCONTINUED OPERATIONS    
Net cash from operating activities of discontinued operations 0us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (4,337)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net cash from discontinued operations 0us-gaap_NetCashProvidedByUsedInDiscontinuedOperations (4,337)us-gaap_NetCashProvidedByUsedInDiscontinuedOperations
NET CHANGE IN CASH AND CASH EQUIVALENTS (425,922)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (3,607,430)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of year 945,683us-gaap_CashAndCashEquivalentsAtCarryingValue 4,553,113us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of year 519,761us-gaap_CashAndCashEquivalentsAtCarryingValue 945,683us-gaap_CashAndCashEquivalentsAtCarryingValue
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Purchases of property and equipment included in accounts payable $ 92,119WVVI_PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable $ 247,377WVVI_PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable