v3.25.1
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues        
Revenues $ 18,176,000 $ 16,571,000 $ 35,880,000 $ 32,564,000
Costs and expenses        
Salaries and employee benefits 12,706,000 11,803,000 24,742,000 23,186,000
Stock-based compensation 65,000   89,000  
Decrease to the long-term supplemental compensation accrual (450,000) (410,000) (635,000) (830,000)
Agency commissions 385,000 299,000 684,000 542,000
Outside services 1,802,000 1,791,000 3,612,000 3,422,000
Postage and delivery expenses 185,000 183,000 384,000 359,000
Newsprint and printing expenses 191,000 160,000 355,000 365,000
Depreciation and amortization 65,000 67,000 132,000 133,000
Equipment maintenance and software 441,000 336,000 1,043,000 712,000
Credit card merchant discount fees 528,000 558,000 1,093,000 1,110,000
Rent expenses 91,000 71,000 157,000 141,000
Accounting and legal fees 267,000 155,000 587,000 411,000
Other general and administrative expenses 937,000 925,000 1,932,000 1,757,000
Total costs and expenses 17,213,000 15,938,000 34,175,000 31,308,000
Income from operations 963,000 633,000 1,705,000 1,256,000
Other income (expense)        
Dividends and interest income 1,178,000 1,217,000 2,362,000 2,786,000
Rental income 9,000   9,000  
Increase in fair value of derivative asset 88,000   88,000  
Net unrealized losses on non-qualified compensation plan (3,000) 72,000 (53,000) 72,000
Net realized and unrealized gains on marketable securities 59,386,000 19,764,000 72,799,000 34,454,000
Income before income taxes 61,270,000 20,620,000 76,165,000 36,360,000
Income tax provision (16,600,000) (5,205,000) (20,600,000) (8,330,000)
Net income $ 44,670,000 $ 15,415,000 $ 55,565,000 $ 28,030,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,377,426 1,377,026 1,377,268 1,377,026
Basic and diluted net income per share (in dollars per share) $ 32.43 $ 11.19 $ 40.34  
Comprehensive income $ 44,670,000 $ 15,415,000    
Margin Account [Member]        
Other income (expense)        
Net unrealized losses on non-qualified compensation plan       $ 72,000
Net realized and unrealized gains on marketable securities     $ 72,799,000  
Interest expense on margin loans and others (342,000) (1,056,000) (727,000) (2,187,000)
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Net realized and unrealized gains on marketable securities       34,454,000
Interest expense on margin loans and others (9,000) (10,000) (18,000) (21,000)
Advertising [Member]        
Revenues        
Revenues 2,565,000 2,316,000 4,844,000 $ 4,403,000
Other income (expense)        
Basic and diluted net income per share (in dollars per share)       $ 20.36
Comprehensive income     55,565,000 $ 28,030,000
Subscription and Circulation [Member]        
Revenues        
Revenues 1,047,000 1,099,000 2,127,000 2,194,000
Advertising Service Fees and Other [Member]        
Revenues        
Revenues 768,000 697,000 1,500,000 1,402,000
License and Maintenance [Member]        
Revenues        
Revenues 7,501,000 6,854,000 15,026,000 13,411,000
Consulting Fees [Member]        
Revenues        
Revenues 2,664,000 3,199,000 5,263,000 6,501,000
Service, Other [Member]        
Revenues        
Revenues $ 3,631,000 $ 2,406,000 $ 7,120,000 $ 4,653,000