<SEC-DOCUMENT>0001193125-11-015715.txt : 20110314
<SEC-HEADER>0001193125-11-015715.hdr.sgml : 20110314
<ACCEPTANCE-DATETIME>20110127130322
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-11-015715
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20110127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COAST DISTRIBUTION SYSTEM INC
		CENTRAL INDEX KEY:			0000728303
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MOTOR VEHICLE SUPPLIES & NEW PARTS [5013]
		IRS NUMBER:				942490990
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1982 ZANKER RD
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95112
		BUSINESS PHONE:		4084368611

	MAIL ADDRESS:	
		STREET 1:		1982 ZANKER RD
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COAST RV INC
		DATE OF NAME CHANGE:	19880619
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>Correspondence Letter</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">THE COAST DISTRIBUTION SYSTEM, INC. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">350&nbsp;Woodview Avenue </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Morgan Hill, California 95037 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(408) 782-6686 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">January&nbsp;27, 2011 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT
STYLE="font-family:Times New Roman" SIZE="2">VIA EDGAR </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Division of Corporation Finance </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">SECURITIES AND EXCHANGE COMMISSION </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Washington,
D.C. 20549 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Attention:&nbsp;&nbsp;&nbsp;&nbsp;David R. Humphrey, Branch Chief, </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Coast Distribution System, Inc. (File No.&nbsp;1-9511) </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 10-K for Year Ended December&nbsp;31, 2009, Filed March&nbsp;31, 2010 </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Company Response to SEC Staff Supplemental Comment Letter dated January&nbsp;25, 2011</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Ladies and Gentlemen: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Set forth in the attachment to this letter is the response
of The Coast Distribution System, Inc. to the comment in the letter dated January&nbsp;25, 2011 (the &#147;Supplemental Comment Letter&#148;), of the Staff of the Securities and Exchange Commission (the &#147;Staff&#148;) relating to the
Company&#146;s 2009 Annual Report on Form 10-K filed with the Commission on March&nbsp;31, 2010. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If you have any questions or
would like to discuss these responses with us, please do not hesitate to call me at (408)&nbsp;782-6686, Ext. 2167. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sincerely,</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;/s/ SANDRA A. KNELL</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;Sandra A. Knell, Executive Vice President</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&amp; Chief Financial Officer</FONT></P></TD></TR></TABLE></DIV> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">cc:</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Margery Reich, Senior Staff Accountant </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Beverly A. Singleton, Staff Accountant </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESPONSE OF THE COAST DISTRIBUTION SYSTEM, INC. (FILE NO. 1-9511) TO THE COMMENT, IN THE
LETTER DATED JANUARY&nbsp;25, 2011 FROM THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RELATING TO THE FORM 10-K
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2009 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Form 10-K (Fiscal Year Ended December&nbsp;31, 2009</U>) </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Consolidated Statements of Operations, Page&nbsp;31 </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">1. W<SMALL>E</SMALL> <SMALL>HAVE</SMALL> <SMALL>REVIEWED</SMALL> <SMALL>YOUR</SMALL> <SMALL>RESPONSE</SMALL> <SMALL>TO</SMALL> <SMALL>OUR</SMALL> <SMALL>PRIOR</SMALL> <SMALL>COMMENTS</SMALL> 1
<SMALL>AND</SMALL> 2. W<SMALL>ITH</SMALL> <SMALL>RESPECT</SMALL> <SMALL>TO</SMALL> <SMALL>YOUR</SMALL> A<SMALL>VERAGE</SMALL> A<SMALL>NNUAL</SMALL> <SMALL>INCOME</SMALL> <SMALL>USED</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>INCOME</SMALL>
<SMALL>TEST</SMALL> <SMALL>FOR</SMALL> <SMALL>INCOME</SMALL> <SMALL>FROM</SMALL> <SMALL>CONTINUING</SMALL> <SMALL>OPERATIONS</SMALL>, <SMALL>WE</SMALL> <SMALL>NOTE</SMALL> <SMALL>THE</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>OF</SMALL> $3,025,000
<SMALL>WAS</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>AN</SMALL> <SMALL>AVERAGE</SMALL> <SMALL>OF</SMALL> 4 <SMALL>YEARS</SMALL>, <SMALL>WHEREAS</SMALL> <SMALL>THE</SMALL> <SMALL>AVERAGE</SMALL> <SMALL>INCOME</SMALL> <SMALL>SHOULD</SMALL>
<SMALL>HAVE</SMALL> <SMALL>BEEN</SMALL> <SMALL>COMPUTED</SMALL> <SMALL>USING</SMALL> <SMALL>AN</SMALL> <SMALL>AVERAGE</SMALL> <SMALL>OF</SMALL> 5 <SMALL>YEARS</SMALL>, <SMALL>NOTWITHSTANDING</SMALL> <SMALL>THAT</SMALL> <SMALL>A</SMALL>
<SMALL>ZERO</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>HAD</SMALL> <SMALL>BEEN</SMALL> <SMALL>ASSIGNED</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>LOSS</SMALL> <SMALL>YEAR</SMALL>. A<SMALL>S</SMALL> <SMALL>RECOMPUTED</SMALL>, <SMALL>THE</SMALL>
A<SMALL>VERAGE</SMALL> A<SMALL>NNUAL</SMALL> I<SMALL>NCOME</SMALL> <SMALL>WOULD</SMALL> <SMALL>HAVE</SMALL> <SMALL>BEEN</SMALL> $2,420,000. S<SMALL>INCE</SMALL> <SMALL>SUCH</SMALL> <SMALL>RECOMPUTED</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>IS</SMALL>
<SMALL>STILL</SMALL> <SMALL>MORE</SMALL> <SMALL>THAN</SMALL> 10 <SMALL>TIMES</SMALL> <SMALL>THE</SMALL> <SMALL>FISCAL</SMALL> <SMALL>YEAR</SMALL> <SMALL>ENDED</SMALL> D<SMALL>ECEMBER</SMALL>&nbsp;31, 2009 <SMALL>PRE</SMALL>-<SMALL>TAX</SMALL>
<SMALL>INCOME</SMALL> <SMALL>FROM</SMALL> <SMALL>CONTINUING</SMALL> <SMALL>OPERATIONS</SMALL>, <SMALL>THE</SMALL> <SMALL>OUTCOME</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>TEST</SMALL> <SMALL>HAS</SMALL> <SMALL>NOT</SMALL>
<SMALL>CHANGED</SMALL>. F<SMALL>OR</SMALL> <SMALL>FUTURE</SMALL> <SMALL>REFERENCE</SMALL>, <SMALL>PLEASE</SMALL> <SMALL>NOTE</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> <SMALL>INCOME</SMALL> <SMALL>AVERAGING</SMALL> <SMALL>TEST</SMALL>
<SMALL>REQUIRES</SMALL> <SMALL>THE</SMALL> <SMALL>USE</SMALL> <SMALL>OF</SMALL> 5 <SMALL>YEARS</SMALL> <SMALL>AS</SMALL> <SMALL>THE</SMALL> <SMALL>DENOMINATOR</SMALL>. I<SMALL>N</SMALL> <SMALL>ADDITION</SMALL>, <SMALL>AS</SMALL> <SMALL>YOUR</SMALL>
<SMALL>INVESTMENT</SMALL> <SMALL>IN</SMALL> A<SMALL>CCESSORIOS</SMALL> <SMALL>REPRESENTS</SMALL> <SMALL>A</SMALL> <SMALL>SIGNIFICANT</SMALL> <SMALL>PORTION</SMALL> <SMALL>OF</SMALL> &#147;O<SMALL>THER</SMALL> A<SMALL>SSETS</SMALL>&#148;
<SMALL>PLEASE</SMALL> <SMALL>GIVE</SMALL> <SMALL>CONSIDERATION</SMALL> <SMALL>TO</SMALL> <SMALL>DISCLOSING</SMALL> <SMALL>THE</SMALL> <SMALL>NATURE</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> <SMALL>INVESTMENT</SMALL> <SMALL>AND</SMALL>
<SMALL>ITS</SMALL> <SMALL>ACCOUNTING</SMALL>, <SMALL>ALONG</SMALL> <SMALL>WITH</SMALL> <SMALL>ANY</SMALL> <SMALL>MATERIAL</SMALL> <SMALL>CHANGES</SMALL> <SMALL>FROM</SMALL> <SMALL>ONE</SMALL> <SMALL>YEAR</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL>
<SMALL>NEXT</SMALL>, <SMALL>IN</SMALL> <SMALL>YOUR</SMALL> <SMALL>NOTES</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>FINANCIAL</SMALL> <SMALL>STATEMENTS</SMALL>. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>Company Response</U></B>: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">As requested by the Staff, we
will give consideration to disclosing, in the notes to our financial statements included in our future Form 10-K filings, the nature of the Company&#146;s investment in Accessorios, along with a discussion of the manner in which we account for that
investment, and any year-over-year material changes that may have occurred therein. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Acknowledgements </U></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">We also acknowledge that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">We are responsible for the adequacy and accuracy of the disclosure in our filings; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Staff comments or changes to disclosure in response to Staff comments do not foreclose the Commission from taking any action with respect to the
filing; and </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">We may not assert Staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the
United States. </FONT></P></TD></TR></TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
