It is the final weekend of summer and a group of Californian teenagers are looking forward to an upcoming surf contest. Rival gangs the 'Vals' and the 'Lowks' are confident that they will take home the trophy, but things become complicated when Reef Yorpin - leader of the Lawks - discovers his sister Allie has fallen in love with 'Val' surfer Nick after meeting at a beach party.

Lou Diamond Phillips and Fred Gwynne team up with a gang of professional criminals who have everything it takes to rob a bank. The only things they do have going for them are a cop and his partner, who are dumber than they are! By the time the gang hits the bank vault, it's a safe bet there's going to be organized insanity and disorganized crime!