XML 15 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Margin Account [Member]      
Other income (expenses)      
Interest expense on note payable collateralized by real estate $ (284,000) $ (224,000) $ (230,000)
Real Estate Bank Loan Secured by Logan Office [Member]      
Other income (expenses)      
Interest expense on note payable collateralized by real estate (88,000)
Advertising, net 9,854,000 10,502,000 11,435,000
Circulation 5,912,000 5,915,000 6,038,000
Advertising service fees and other 2,651,000 2,703,000 2,800,000
Licensing and maintenance fees 14,758,000 13,984,000 12,987,000
Consulting fees 4,085,000 4,704,000 4,002,000
Other public service fees 4,352,000 6,170,000 6,161,000
41,612,000 43,978,000 43,423,000
Salaries and employee benefits 27,381,000 26,010,000 25,262,000
Outside services 3,729,000 3,524,000 3,212,000
Postage and delivery expenses 1,141,000 1,318,000 1,281,000
Newsprint and printing expenses 912,000 1,225,000 1,221,000
Depreciation and amortization 5,709,000 5,531,000 5,516,000
Other general and administrative expenses 9,380,000 9,882,000 9,121,000
48,252,000 47,490,000 45,613,000
(Loss) from operations (6,640,000) (3,512,000) (2,190,000)
Dividends and interest income 4,085,000 3,829,000 3,001,000
Other income 61,000 65,000 97,000
Interest and penalty expense accrued for uncertain and unrecognized tax benefits (112,000) (96,000) (537,000)
Gains on sales of marketable securities/capital assets 4,000
Other-than-temporary impairment losses on investments (376,000)
(Loss) income before taxes (2,978,000) (310,000) 141,000
Benefit from income taxes 1,935,000 1,120,000 490,000
Net (loss) income $ (1,043,000) $ 810,000 $ 631,000
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 (loss) income per share (in dollars per share) $ (0.76) $ 0.59 $ 0.46
Comprehensive (loss) income      
Net (loss) income $ (1,043,000) $ 810,000 $ 631,000
Net change in unrealized appreciation of investments (net of tax benefits of $1,028,000 for fiscal 2016; net of taxes of $5,764,000 and $14,286,000 for fiscal 2015 and 2014, respectively) (2,214,000) (8,811,000) 22,393,000
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $0, $146,000 and $0 for fiscal 2016, 2015 and 2014, respectively) 230,000
$ (3,257,000) $ (7,771,000) $ 23,024,000