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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Revenue from Contract with Customer, Including Assessed Tax $ 13,562,000 $ 12,874,000 $ 37,952,000 $ 36,907,000
Costs and expenses        
Salaries and employee benefits 9,435,000 9,662,000 27,228,000 28,227,000
Outside services 794,000 586,000 2,236,000 2,600,000
Postage and delivery expenses 160,000 151,000 490,000 552,000
Newsprint and printing expenses 162,000 157,000 469,000 528,000
Depreciation and amortization 114,000 128,000 344,000 384,000
Equipment maintenance and software 298,000 276,000 946,000 1,102,000
Credit card merchant discount fees 462,000 244,000 1,397,000 1,014,000
Rent expenses 66,000 158,000 228,000 500,000
Accounting and legal fees 252,000 272,000 746,000 730,000
Other general and administrative expenses 495,000 647,000 1,554,000 3,293,000
Total 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)
Other income (expense)        
Dividends and interest income 776,000 1,596,000 2,063,000 4,573,000
Other income 69,000 0 69,000 3,000
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)  
Income before income taxes 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 $ 42,573,000 $ 14,274,000 $ 114,319,000 $ (27,842,000)
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 income per share (in dollars per share) $ 30.83 $ 10.34 $ 82.80 $ (20.16)
Comprehensive income $ 42,573,000 $ 14,274,000 $ 114,319,000 $ (27,842,000)
Realized gains on sales of marketable securities     18,478,000 0
Net unrealized gains (losses) on marketable securities   16,489,000 131,754,000 (41,191,000)
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Interest expense on debt (14,000) (20,000) (48,000) (63,000)
Margin Account [Member]        
Other income (expense)        
Interest expense on debt (68,000) (64,000) (196,000) (401,000)
Advertising [Member]        
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 2,195,000 1,297,000 5,649,000 5,415,000
Subscription and Circulation [Member]        
Revenues        
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]        
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 762,000 575,000 1,964,000 1,923,000
License and Maintenance [Member]        
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 5,602,000 5,531,000 16,990,000 16,246,000
Consulting Fees [Member]        
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 2,100,000 3,147,000 4,649,000 5,065,000
Service, Other [Member]        
Revenues        
Revenue from Contract with Customer, Including Assessed Tax $ 1,777,000 $ 1,065,000 $ 5,242,000 $ 4,401,000