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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Revenue      
Revenues $ 48,655,000 $ 40,703,000 $ 41,384,000
Costs and expenses      
Salaries and employee benefits 35,014,000 33,832,000 31,749,000
Outside services 3,874,000 4,287,000 4,552,000
Postage and delivery expenses 838,000 857,000 1,112,000
Newsprint and printing expenses 727,000 780,000 877,000
Depreciation and amortization 589,000 3,678,000 5,586,000
Goodwill impairment 13,400,000
Equipment maintenance and software 1,516,000 1,458,000 1,071,000
Credit card merchant discount fees 1,409,000 1,027,000 945,000
Rent expenses 1,017,000 996,000 742,000
Accounting and legal fees 1,605,000 1,302,000 1,432,000
Other general and administrative expenses 6,890,000 6,546,000 6,485,000
Total operating expenses 66,879,000 [1] 54,763,000 54,551,000
Loss from operations (18,224,000) (14,060,000) (13,167,000)
Other income (expenses)      
Dividends and interest income 5,380,000 4,808,000 4,844,000
Other income 38,000 37,000 34,000
Unrealized Gain (Loss) on Investments, Total (17,715,000)
Interest expense on note payable collateralized by real estate and others (93,000) (95,000) (100,000)
Interest and penalty expense reversal for uncertain and unrecognized tax benefits 743,000
Capital gains on sales of marketable securities and others 3,182,000
Other-than-temporary impairment losses on investments (4,560,000)
Loss before taxes (31,476,000) (11,339,000) (8,068,000)
Benefit from income taxes 6,260,000 19,540,000 7,150,000
Net (loss) income $ (25,216,000) $ 8,201,000 $ (918,000)
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) $ (18.26) $ 5.94 $ (0.66)
Comprehensive (loss) income      
Net (loss) income $ (25,216,000) $ 8,201,000 $ (918,000)
Net change in unrealized appreciation of investments (net of taxes of $0 for fiscal 2019, net of tax benefits of $1,258,000 for fiscal 2018 and net of taxes of $22,300,000 for fiscal 2017) (5,823,000) 35,316,000
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $0, $1,210,000 and $0 for fiscal 2019, 2018 and 2017, respectively) 3,350,000
Total comprehensive income (25,216,000) 5,728,000 34,398,000
Margin Account [Member]      
Other income (expenses)      
Interest expense on debt (862,000) (651,000) (422,000)
Advertising [Member]      
Revenue      
Revenues 9,132,000 9,112,000 9,104,000
Subscription and Circulation [Member]      
Revenue      
Revenues 5,249,000 5,401,000 5,654,000
Advertising Service Fees and Other [Member]      
Revenue      
Revenues 2,712,000 2,659,000 2,812,000
License and Maintenance [Member]      
Revenue      
Revenues 20,179,000 17,225,000 16,037,000
Consulting Fees [Member]      
Revenue      
Revenues 5,539,000 2,832,000 4,476,000
Service, Other [Member]      
Revenue      
Revenues $ 5,844,000 $ 3,474,000 $ 3,301,000
[1] included goodwill impairment of $13,400,000