Revenues

Advertising

$

2,087

$

1,990

$

—

$

—

$

—

$

—

$

2,087

$

1,990

Circulation

1,095

1,098

—

1,095

1,098

Advertising service fees and other

705

699

—

705

699

Licensing and maintenance fees

—

6,557

4,395

—

6,557

4,395

Consulting fees

—

3,302

2,322

—

3,302

2,322

Other public service fees

—

2,247

1,797

—

2,247

1,797

Total operating revenues

3,887

3,787

12,106

8,514

—

15,993

12,301

Operating expenses

Salaries and employee benefits

2,549

2,218

8,798

7,413

—

11,347

9,631

Decrease to the long-term supplemental compensation accrual

(420

)

(500

)

—

(20

)

—

(420

)

(520

)

Others

1,471

1,134

2,972

2,772

—

4,443

3,906

Total operating expenses

3,600

2,852

11,770

10,165

—

15,370

13,017

Income (loss) from operations

287

935

336

(1,651

)

—

623

(716

)

Dividends and interest income

—

1,569

1,069

1,569

1,069

Interest expenses on note payable collateralized by real estate and other

—

(11

)

(12

)

(11

)

(12

)

Interest expense on margin loans

—

(1,131

)

(861

)

(1,131

)

(861

)

Gains on sales of marketable securities, net

—

422

—

422

Net unrealized gains (losses) on marketable securities

—

14,690

24,025

14,690

24,025

Pretax income (loss)

287

935

336

(1,651

)

15,117

24,643

15,740

23,927

Income tax (expense) benefit

(55

)

(235

)

(250

)

350

(2,820

)

(6,215

)

(3,125

)

(6,100

)

Net income (loss)

$

232

$

700

$

86

$

(1,301

)

$

12,297

$

18,428

$

12,615

$

17,827

Total assets

$

15,483

$

45,288

$

24,062

$

25,202

$

317,818

$

275,781

$

357,363

$

346,271

Capital expenditures

$

5

$

32

$

—

$

4

$

—

$

—

$

5

$

36