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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Advertising, net $ 10,502,000 $ 11,435,000 $ 14,472,000 [1]
Circulation 5,915,000 6,038,000 6,346,000 [1]
Advertising service fees and other 2,703,000 2,800,000 3,012,000 [1]
Licensing and maintenance fees 13,984,000 12,987,000 9,942,000 [1]
Consulting fees 4,704,000 4,002,000 3,406,000 [1]
Other public service fees 6,170,000 6,161,000 498,000 [1]
Revenues 43,978,000 43,423,000 37,676,000
Costs and expenses      
Salaries and employee benefits 26,010,000 25,262,000 19,236,000
Outside services 3,524,000 3,212,000 3,086,000
Postage and delivery expenses 1,318,000 1,281,000 1,328,000
Newsprint and printing expenses 1,225,000 1,221,000 1,307,000
Depreciation and amortization 5,531,000 5,516,000 2,441,000
Other general and administrative expenses 9,882,000 9,121,000 6,489,000
Operating expenses 47,490,000 45,613,000 33,887,000 [1]
(Loss) income from operations (3,512,000) (2,190,000) 3,789,000
Other income (expenses)      
Dividends and interest income 3,829,000 3,001,000 2,541,000 [1]
Other income 65,000 97,000 54,000 [1]
Interest expense on margin loans (224,000) (230,000) (97,000) [1]
Interest and penalty expense accrued for uncertain and unrecognized tax benefits (96,000) $ (537,000) 0
Gains on sales of marketable securities/capital assets 4,000 1,000
Other-than-temporary impairment losses on investments (376,000) (1,719,000)
(Loss) income before taxes (310,000) $ 141,000 4,569,000 [1]
Benefit from (provision for) income taxes 1,120,000 490,000 (790,000) [1]
Net income $ 810,000 $ 631,000 $ 3,779,000 [1]
Weighted average number of common shares outstanding – basic and diluted (in shares) 1,380,746 1,380,746 1,380,746
Basic and diluted net income per share (in dollars per share) $ 0.59 $ 0.46 $ 2.74
Comprehensive (loss) income      
Net income $ 810,000 $ 631,000 $ 3,779,000 [1]
Net change in unrealized appreciation of investments (net of tax benefits of $5,764,000 for fiscal 2015, net of taxes of $14,286,000 and $13,544,000 for fiscal 2014 and 2013, respectively) (8,811,000) $ 22,393,000 21,292,000
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $146,000, $0 and $668,000, respectively) 230,000 1,051,000
(Loss) income before income taxes $ (7,771,000) $ 23,024,000 $ 26,122,000
[1] Includes (i) New Dawn's financial results from December 5, 2012 through September 30, 2013 with revenues of $10,403,000 and expenses of $10,625,000 (including intangible amortization expenses of $1,587,000), and (ii) ISD's September 2013 financial results with revenues of $784,000 and expenses of $694,000 (including intangible amortization expenses of $278,000).