XML 13 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues    
Advertising $ 2,321,000 $ 2,704,000
Circulation 1,506,000 1,524,000
Advertising service fees and other 650,000 685,000
Licensing and maintenance fees 3,647,000 3,757,000
Consulting fees 1,376,000 1,192,000
Other public service fees 1,315,000 1,461,000
10,815,000 11,323,000
Costs and expenses    
Salaries and employee benefits 6,648,000 6,612,000
Other outside services 864,000 847,000
Postage and delivery expenses 286,000 332,000
Newsprint and printing expenses 217,000 342,000
Depreciation and amortization 1,415,000 1,360,000
Other general and administrative expenses 2,347,000 2,191,000
11,777,000 11,684,000
Loss from operations (962,000) (361,000)
Other income (expense)    
Dividends and interest income 903,000 828,000
Other income and capital gains 16,000 18,000
Interest expenses (68,000) (57,000)
Interest expense accrued for uncertain and unrecognized tax benefits (24,000) (20,000)
Income (loss) before taxes (135,000) 408,000
Benefit from income taxes 185,000 25,000
Net income $ 50,000 $ 433,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,380,746 1,380,746
Basic and diluted net income per share (in dollars per share) $ 0.04 $ 0.31
Comprehensive income (loss)    
Net income $ 50,000 $ 433,000
Net change in unrealized appreciation of investments (net of taxes) 5,927,000 (3,642,000)
(Loss) income before income taxes $ 5,977,000 $ (3,209,000)