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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Advertising $ 16,154,000 $ 10,949,000 $ 28,455,000 $ 22,685,000
Costs and expenses        
Salaries and employee benefits 10,005,000 8,847,000 19,636,000 17,324,000
Decrease to the long-term supplemental compensation accrual (200,000) (1,920,000) (720,000) (2,050,000)
Agency commissions 233,000 232,000 444,000 440,000
Outside services 1,353,000 914,000 2,442,000  
Postage and delivery expenses 167,000 164,000 334,000 327,000
Newsprint and printing expenses 193,000 196,000 392,000 355,000
Depreciation and amortization 70,000 123,000 145,000 227,000
Equipment maintenance and software 354,000 378,000 657,000 618,000
Credit card merchant discount fees 455,000 409,000 880,000 820,000
Rent expenses 74,000 58,000 143,000 123,000
Accounting and legal fees 222,000 222,000 495,000 542,000
Other general and administrative expenses 1,603,000 953,000 2,698,000 1,692,000
Operating Expenses 14,529,000 10,576,000 27,546,000 22,256,000
Income from operations 1,625,000 373,000 909,000 429,000
Other income (expense)        
Dividends and interest income 4,063,000 2,113,000 5,132,000 2,988,000
Realized losses on sales of marketable securities 0 (32,445,000) 422,000 14,249,000
Net unrealized gains (losses) on marketable securities 8,644,000 (8,321,000) 32,669,000 (44,409,000)
Income (loss) before income taxes 13,268,000 (38,443,000) 37,195,000 (27,005,000)
Income tax (provisions) benefits (3,835,000) 10,630,000 (9,935,000) 6,070,000
Net income (loss) $ 9,433,000 $ (27,813,000) $ 27,260,000 $ (20,935,000)
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,377,026 1,380,746 1,377,026 1,380,746
Basic and diluted net income (loss) per share (in dollars per share) $ 6.85 $ (20.14) $ 19.80 $ (15.16)
Comprehensive income (loss) $ 9,433,000 $ (27,813,000) $ 27,260,000 $ (20,935,000)
Margin Account [Member]        
Other income (expense)        
Interest expense on margin loans and others (1,052,000) (150,000) (1,913,000) (236,000)
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Interest expense on margin loans and others (12,000) (13,000) (24,000) (26,000)
Advertising [Member]        
Advertising 2,204,000 2,129,000 4,194,000 4,130,000
Subscription and Circulation [Member]        
Advertising 1,108,000 1,072,000 2,206,000 2,182,000
Advertising Service Fees and Other [Member]        
Advertising 778,000 742,000 1,477,000 1,413,000
License and Maintenance [Member]        
Advertising 5,679,000 4,608,000 10,074,000 9,088,000
Consulting Fees [Member]        
Advertising 4,433,000 669,000 6,755,000 2,430,000
Service, Other [Member]        
Advertising $ 1,952,000 $ 1,729,000 $ 3,749,000 $ 3,442,000