Note 10 - Operating Segments

9 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

Note 10 - Operating Segments

The Company’s reportable segments are: (i) the Traditional Business and (ii) Journal Technologies. All inter-segment transactions were eliminated. Summarized financial information concerning the Company’s reportable segments is shown in the following table:

	Reportable Segments
	Traditional Business		Journal Technologies			Non-operating items			Total
Nine months ended June 30, 2015
Revenues
Advertising	$	7,954,000	$	---		$	---		$	7,954,000
Circulation		4,429,000		---			---			4,429,000
Advertising service fees and other		2,040,000		---			---			2,040,000
Licensing and maintenance fees		---		10,752,000			---			10,752,000
Consulting fees		---		3,401,000			---			3,401,000
Other public service fees		---		4,636,000			---			4,636,000
Operating expenses		13,597,000		22,081,000			---			35,678,000
Income (loss) from operations		826,000		(3,292,000	)		---			(2,466,000	)
Dividends and interest income		---		---			2,865,000			2,865,000
Other income and capital gains		---		---			49,000			49,000
Interest expenses		---		---			(168,000	)		(168,000	)
Interest expense accrued for uncertain and unrecognized tax benefits		---		(70,000	)		---			(70,000	)
Pretax income (loss)		826,000		(3,362,000	)		2,746,000			210,000
Income tax benefit		---		---			760,000			760,000
Net income (loss)		826,000		(3,362,000	)		3,506,000			970,000
Total assets		15,144,000		46,419,000			181,637,000			243,200,000
Capital expenditures		315,000		118,000			---			433,000
Amortization of intangible assets		---		3,671,000			---			3,671,000
Nine months ended June 30, 2014
Revenues
Advertising	$	8,620,000	$	---		$	---		$	8,620,000
Circulation		4,518,000		---			---			4,518,000
Advertising service fees and other		2,104,000		---			---			2,104,000
Licensing and maintenance fees		---		9,318,000			---			9,318,000
Consulting fees		---		2,715,000			---			2,715,000
Other public service fees		---		4,647,000			---			4,647,000
Operating expenses		13,140,000		20,836,000			---			33,976,000
Income (loss) from operations		2,102,000		(4,156,000	)		---			(2,054,000	)
Dividends and interest income		---		---			2,100,000			2,100,000
Other income and capital gains		---		---			81,000			81,000
Interest expenses		---		---			(173,000	)		(173,000	)
Interest and penalty expenses   accrued for uncertain and   unrecognized tax benefits		---		(518,000	)		---			(518,000	)
Pretax income (loss)		2,102,000		(4,674,000	)		2,008,000			(564,000	)
Income tax benefit		---		---			15,000			15,000
Net income (loss)		2,102,000		(4,674,000	)		2,023,000			(549,000	)
Total assets		15,420,000		53,440,000			166,823,000			235,683,000
Capital expenditures		78,000		325,000			---			403,000
Amortization of intangible assets		---		3,642,000			---			3,642,000

	Reportable Segments
	Traditional Business		Journal Technologies			Non-operating items			Total
Three months ended June 30, 2015
Revenues
Advertising	$	2,701,000	$	---		$	---		$	2,701,000
Circulation		1,445,000		---			---			1,445,000
Advertising service fees and other		711,000		---			---			711,000
Licensing and maintenance fees		---		3,315,000			---			3,315,000
Consulting fees		---		791,000			---			791,000
Other public service fees		---		1,540,000			---			1,540,000
Operating expenses		4,421,000		7,215,000			---			11,636,000
Income (loss) from operations		436,000		(1,569,000	)		---			(1,133,000	)
Dividends and interest income		---		---			1,177,000			1,177,000
Other income and capital gains		---		---			11,000			11,000
Interest expenses		---		---			(56,000	)		(56,000	)
Interest expense accrued for uncertain and unrecognized tax benefits		---		(26,000	)		---			(26,000	)
Pretax income (loss)		436,000		(1,595,000	)		1,132,000			(27,000	)
Income tax expense		---		---			60,000			60,000
Net income (loss)		436,000		(1,595,000	)		1,192,000			33,000
Total assets		15,144,000		46,419,000			181,637,000			243,200,000
Capital expenditures		9,000		38,000			---			47,000
Amortization of intangible assets		---		1,223,000			---			1,223,000
Three months ended June 30, 2014
Revenues
Advertising	$	2,976,000	$	---		$	---		$	2,976,000
Circulation		1,502,000		---			---			1,502,000
Advertising service fees and other		770,000		---			---			770,000
Licensing and maintenance fees		---		3,175,000			---			3,175,000
Consulting fees		---		1,189,000			---			1,189,000
Other public service fees		---		1,534,000			---			1,534,000
Operating expenses		4,277,000		7,133,000			---			11,410,000
Income (loss) from operations		971,000		(1,235,000	)		---			(264,000	)
Dividends and interest income		---		---			825,000			825,000
Other income and capital gains		---		---			26,000			26,000
Interest expenses		---		---			(56,000	)		(56,000	)
Interest and penalty expenses   accrued for uncertain and   unrecognized tax benefits		---		(518,000	)		---			(518,000	)
Pretax income (loss)		971,000		(1,753,000	)		795,000			13,000
Income tax benefit		---		---			25,000			25,000
Net income (loss)		971,000		(1,753,000	)		820,000			38,000
Total assets		15,420,000		53,440,000			166,823,000			235,683,000
Capital expenditures		26,000		168,000			---			194,000
Amortization of intangible assets		---		1,223,000			---			1,223,000