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Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Advertising $ 2,715,000 $ 2,701,000 $ 7,382,000 $ 7,954,000
Circulation 1,467,000 1,445,000 4,431,000 4,429,000
Advertising service fees and other 720,000 702,000 2,014,000 2,037,000
Licensing and maintenance fees 3,679,000 3,315,000 11,433,000 10,752,000
Consulting fees 748,000 791,000 3,788,000 3,401,000
Other public service fees 1,009,000 1,540,000 3,547,000 4,636,000
10,338,000 10,494,000 32,595,000 33,209,000
Costs and expenses        
Salaries and employee benefits 6,860,000 6,357,000 20,537,000 19,740,000
Other outside services 913,000 827,000 2,590,000 2,509,000
Postage and delivery expenses 279,000 346,000 857,000 990,000
Newsprint and printing expenses 243,000 335,000 679,000 935,000
Depreciation and amortization 1,445,000 1,366,000 4,288,000 4,093,000
Other general and administrative expenses 2,380,000 2,408,000 6,964,000 7,414,000
12,120,000 11,639,000 35,915,000 35,681,000
Loss from operations (1,782,000) (1,145,000) (3,320,000) (2,472,000)
Other income (expense)        
Dividends and interest income 1,277,000 1,177,000 3,013,000 2,865,000
Other income and capital gains 16,000 23,000 46,000 55,000
Interest expense (108,000) (56,000) (270,000) (168,000)
Interest expense accrued for uncertain and unrecognized tax benefits (26,000) (26,000) (75,000) (70,000)
Loss before income taxes (623,000) (27,000) (606,000) 210,000
Benefit from income taxes 285,000 60,000 525,000 760,000
Net (loss) income $ (338,000) $ 33,000 $ (81,000) $ 970,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,380,746 1,380,746 1,380,746 1,380,746
Basic and diluted net (loss) income per share (in dollars per share) $ (0.25) $ 0.02 $ (0.06) $ 0.70
Comprehensive (loss) income        
Net (loss) income $ (338,000) $ 33,000 $ (81,000) $ 970,000
Net (decrease) increase in unrealized appreciation of marketable securities (net of taxes) (1,222,000) 5,277,000 (5,353,000) 833,000
$ (1,560,000) $ 5,310,000 $ (5,434,000) $ 1,803,000