XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 15,993,000 $ 12,301,000
Costs and expenses    
Salaries and employee benefits 11,347,000 9,631,000
Decrease to the long-term supplemental compensation accrual (420,000) (520,000)
Agency commissions 243,000 211,000
Outside services 1,667,000 1,230,000
Postage and delivery expenses 176,000 167,000
Newsprint and printing expenses 205,000 199,000
Depreciation and amortization 66,000 75,000
Equipment maintenance and software 376,000 303,000
Credit card merchant discount fees 552,000 425,000
Rent expenses 70,000 69,000
Accounting and legal fees 256,000 273,000
Other general and administrative expenses 832,000 954,000
Operating Expenses 15,370,000 13,017,000
Income from operations 623,000 (716,000)
Other income (expense)    
Dividends and interest income 1,569,000 1,069,000
Realized gains on sales of marketable securities 0 422,000
Net unrealized gains on marketable securities 14,690,000 24,025,000
Income before income taxes 15,740,000 23,927,000
Income tax provisions (3,125,000) (6,100,000)
Net income $ 12,615,000 $ 17,827,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,377,026 1,377,026
Basic and diluted net income per share (in dollars per share) $ 9.16 $ 12.95
Comprehensive income $ 12,615,000 $ 17,827,000
Margin Account [Member]    
Other income (expense)    
Interest expense on margin loans and others (1,131,000) (861,000)
Real Estate Bank Loan Secured by Logan Office [Member]    
Other income (expense)    
Interest expense on margin loans and others (11,000) (12,000)
Advertising [Member]    
Revenues 2,087,000 1,990,000
Subscription and Circulation [Member]    
Revenues 1,095,000 1,098,000
Advertising Service Fees and Other [Member]    
Revenues 705,000 699,000
License and Maintenance [Member]    
Revenues 6,557,000 4,395,000
Consulting Fees [Member]    
Revenues 3,302,000 2,322,000
Service, Other [Member]    
Revenues $ 2,247,000 $ 1,797,000