XML 36 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Note 11 - Operating Segments - Summarized Financial Information for Reportable Segments (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Jan. 31, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Revenue from Contract with Customer, Including Assessed Tax   $ 13,562,000     $ 12,874,000     $ 37,952,000 $ 36,907,000  
Operating expenses   12,238,000     12,281,000     35,638,000 38,930,000  
Income from operations   1,324,000     593,000     2,314,000 (2,023,000)  
Dividends and interest income   776,000     1,596,000     2,063,000 4,573,000  
Other income   69,000     0     69,000 3,000  
Realized gains on sales of marketable securities $ 18,478,000             18,478,000 0  
Net unrealized gains on marketable securities   55,686,000     16,489,000     131,754,000 (41,191,000)  
Interest expense on debt   (68,000)           (196,000)    
Pretax income   57,773,000     18,594,000     154,434,000 (39,102,000)  
Income tax provisions   (15,200,000)     (4,320,000)     (40,115,000) 11,260,000  
Net income (loss)   42,573,000 $ 12,476,000 $ 59,270,000 14,274,000 $ (56,326,000) $ 14,210,000 114,319,000 (27,842,000)  
Total assets   389,500,000     197,964,000     389,500,000 197,964,000 $ 238,575,000
Capital expenditures   0     0     29,000 168,000  
Other income   69,000     0     69,000 3,000  
Net unrealized gains (losses) on marketable securities         16,489,000     131,754,000 (41,191,000)  
Pretax loss   57,773,000     18,594,000     154,434,000 (39,102,000)  
Real Estate Bank Loan Secured by Logan Office [Member]                    
Interest expense on debt   (14,000)     (20,000)     (48,000) (63,000)  
Margin Account [Member]                    
Interest expense on debt   (68,000)     (64,000)     (196,000) (401,000)  
Advertising [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   2,195,000     1,297,000     5,649,000 5,415,000  
Subscription and Circulation [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   1,126,000     1,259,000     3,458,000 3,857,000  
Advertising Service Fees and Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   762,000     575,000     1,964,000 1,923,000  
License and Maintenance [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   5,602,000     5,531,000     16,990,000 16,246,000  
Consulting Fees [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   2,100,000     3,147,000     4,649,000 5,065,000  
Service, Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   1,777,000     1,065,000     5,242,000 4,401,000  
Traditional Business [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   4,083,000     3,131,000     11,071,000 11,195,000  
Journal Technologies [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   9,479,000     9,743,000     26,881,000 25,712,000  
Operating Segments [Member] | Traditional Business [Member]                    
Operating expenses   3,665,000     3,699,000     11,001,000 11,319,000  
Income from operations   418,000     (568,000)     70,000 (124,000)  
Dividends and interest income   0     0     0 0  
Other income   0           0 0  
Realized gains on sales of marketable securities               0    
Net unrealized gains on marketable securities   0           0    
Interest expense on debt   0           0    
Pretax income   418,000     (568,000)     70,000 (124,000)  
Income tax provisions   (175,000)     125,000     (15,000) 15,000  
Net income (loss)   243,000     (443,000)     55,000 (109,000)  
Total assets   17,894,000     17,752,000     17,894,000 17,752,000  
Capital expenditures   0     0     22,000 99,000  
Other income   0           0 0  
Net unrealized gains (losses) on marketable securities         0       0  
Pretax loss   418,000     (568,000)     70,000 (124,000)  
Operating Segments [Member] | Traditional Business [Member] | Real Estate Bank Loan Secured by Logan Office [Member]                    
Interest expense on debt   0     0     0 0  
Operating Segments [Member] | Traditional Business [Member] | Margin Account [Member]                    
Interest expense on debt         0       0  
Operating Segments [Member] | Traditional Business [Member] | Advertising [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   2,195,000     1,297,000     5,649,000 5,415,000  
Operating Segments [Member] | Traditional Business [Member] | Subscription and Circulation [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   1,126,000     1,259,000     3,458,000 3,857,000  
Operating Segments [Member] | Traditional Business [Member] | Advertising Service Fees and Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   762,000     575,000     1,964,000 1,923,000  
Operating Segments [Member] | Traditional Business [Member] | License and Maintenance [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Traditional Business [Member] | Consulting Fees [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Traditional Business [Member] | Service, Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Journal Technologies [Member]                    
Operating expenses   8,573,000     8,582,000     24,637,000 27,611,000  
Income from operations   906,000     1,161,000     2,244,000 (1,899,000)  
Dividends and interest income   0     0     0 0  
Other income   0           0 0  
Realized gains on sales of marketable securities               0    
Net unrealized gains on marketable securities   0           0    
Interest expense on debt   0           0    
Pretax income   906,000     1,161,000     2,244,000 (1,899,000)  
Income tax provisions   (460,000)     (545,000)     (785,000) 380,000  
Net income (loss)   446,000     616,000     1,459,000 (1,519,000)  
Total assets   21,498,000     24,667,000     21,498,000 24,667,000  
Capital expenditures   0     0     7,000 69,000  
Other income   0           0 0  
Net unrealized gains (losses) on marketable securities         0       0  
Pretax loss   906,000     1,161,000     2,244,000 (1,899,000)  
Operating Segments [Member] | Journal Technologies [Member] | Real Estate Bank Loan Secured by Logan Office [Member]                    
Interest expense on debt   0     0     0 0  
Operating Segments [Member] | Journal Technologies [Member] | Margin Account [Member]                    
Interest expense on debt         0       0  
Operating Segments [Member] | Journal Technologies [Member] | Advertising [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Journal Technologies [Member] | Subscription and Circulation [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Journal Technologies [Member] | Advertising Service Fees and Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Operating Segments [Member] | Journal Technologies [Member] | License and Maintenance [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   5,602,000     5,531,000     16,990,000 16,246,000  
Operating Segments [Member] | Journal Technologies [Member] | Consulting Fees [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   2,100,000     3,147,000     4,649,000 5,065,000  
Operating Segments [Member] | Journal Technologies [Member] | Service, Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   1,777,000     1,065,000     5,242,000 4,401,000  
Corporate, Non-Segment [Member]                    
Operating expenses   0     0     0 0  
Income from operations   0     0     0 0  
Dividends and interest income   776,000     1,596,000     2,063,000 4,573,000  
Other income   69,000           69,000 3,000  
Realized gains on sales of marketable securities               18,478,000    
Net unrealized gains on marketable securities   55,686,000           131,754,000    
Interest expense on debt   (68,000)           (196,000)    
Pretax income   56,449,000     18,001,000     152,120,000 (37,079,000)  
Income tax provisions   (14,565,000)     (3,900,000)     (39,315,000) 10,865,000  
Net income (loss)   41,884,000     14,101,000     112,805,000 (26,214,000)  
Total assets   350,108,000     155,545,000     350,108,000 155,545,000  
Capital expenditures   0     0     0 0  
Other income   69,000           69,000 3,000  
Net unrealized gains (losses) on marketable securities         16,489,000       (41,191,000)  
Pretax loss   56,449,000     18,001,000     152,120,000 (37,079,000)  
Corporate, Non-Segment [Member] | Real Estate Bank Loan Secured by Logan Office [Member]                    
Interest expense on debt   (14,000)     (20,000)     (48,000) (63,000)  
Corporate, Non-Segment [Member] | Margin Account [Member]                    
Interest expense on debt         (64,000)       (401,000)  
Corporate, Non-Segment [Member] | Advertising [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Corporate, Non-Segment [Member] | Subscription and Circulation [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Corporate, Non-Segment [Member] | Advertising Service Fees and Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Corporate, Non-Segment [Member] | License and Maintenance [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Corporate, Non-Segment [Member] | Consulting Fees [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   0     0     0 0  
Corporate, Non-Segment [Member] | Service, Other [Member]                    
Revenue from Contract with Customer, Including Assessed Tax   $ 0     $ 0     $ 0 $ 0