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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2019
Sep. 30, 2018
Current assets    
Cash and cash equivalents $ 10,630,000 $ 9,301,000
Market securities 194,581,000 212,296,000
Accounts receivable, less allowance for doubtful accounts of $200,000 at September 30, 2019 and September 30, 2018 7,036,000 4,803,000
Inventories 40,000 46,000
Prepaid expenses and other current assets 508,000 512,000
Income tax receivable 153,000 270,000
Total current assets 212,948,000 227,228,000
Property, plant and equipment, at cost    
Land, buildings and improvements 16,499,000 16,422,000
Furniture, office equipment and computer software 2,119,000 2,877,000
Machinery and equipment 1,750,000 1,749,000
Property, plant and equipment, gross 20,368,000 21,048,000
Less accumulated depreciation (9,572,000) (9,828,000)
Property, plant and equipment, net 10,796,000 11,220,000
Intangibles, net
Goodwill 13,400,000
Deferred income taxes - Federal 12,596,000 9,269,000
Deferred income taxes - State 1,036,000 2,881,000
Total Assets 237,376,000 263,998,000
Current liabilities    
Accounts payable 4,520,000 2,820,000
Accrued liabilities 5,173,000 4,402,000
Note payable collateralized by real estate 126,000 121,000
Total current liabilities 30,668,000 27,257,000
Long term liabilities    
Investment margin account borrowings 29,493,000 29,493,000
Note payable collateralized by real estate 1,709,000 1,835,000
Deferred maintenance agreements 335,000 176,000
Accrued liabilities 230,000 170,000
Deferred income taxes 37,241,000 42,151,000
Total long term liabilities 69,008,000 73,825,000
Commitments and contingencies (Notes 4 and 5)
Shareholders' equity    
Preferred stock, $.01 par value, 5,000,000 shares authorized and no shares issued 0 0
Common stock, $.01 par value, 5,000,000 shares authorized; 1,805,053 shares issued, including 424,307 treasury shares, at September 30, 2019 and September 30, 2018 14,000 14,000
Additional paid-in capital 1,755,000 1,755,000
Retained earnings 135,931,000 45,361,000
Accumulated other comprehensive income 115,786,000
Total shareholders' equity 137,700,000 162,916,000
Total liabilities and stockholders' equity 237,376,000 263,998,000
Subscription and Circulation [Member]    
Current liabilities    
Deferred revenue 3,195,000 3,174,000
Installation Contracts [Member]    
Current liabilities    
Deferred revenue 1,932,000 2,554,000
License and Maintenance [Member]    
Current liabilities    
Deferred revenue $ 15,722,000 $ 14,186,000