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Note 6 - Reportable Segments | 12 Months Ended
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Sep. 30, 2015
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | 6. REPORTABLE SEGMENTS Operating segments are defined as components of an enterprise which has discrete financial information that is evaluated regularly by the Company’s Chief Executive Officer to decide how to allocate resources and to access performance. In accordance with ASC 280-10, Segment Reporting , the Company has two segments of business. The Company’s reportable segments are: (i) the Traditional Business and (ii) Journal Technologies. Journal Technologies is an aggregation of three technology operating segments – Sustain, New Dawn and ISD. All inter-segment transactions were eliminated. The Company reclassified certain prior years’ figures to allocate the amounts related to the Company’s Corporate function and the related tax effects to Corporate from its other segments to conform to the presentation requirements of ASC 280. Summarized financial information concerning the Company’s reportable segments is shown in the following table:
|  | Reportable Segments |  |  |  |  |  |  |  |  |
|  | Traditional Business |  |  | Journal Technologies |  |  | Corporate income and expenses |  |  | Total |
Fiscal 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Advertising, net |  | $ | 10,502,000 |  |  | $ | --- |  |  | $ | --- |  |  | $ | 10,502,000 |
Circulation |  |  | 5,915,000 |  |  |  | --- |  |  |  | --- |  |  |  | 5,915,000 |
Advertising service fees and other |  |  | 2,703,000 |  |  |  | --- |  |  |  | --- |  |  |  | 2,703,000 |
Licensing and maintenance fees |  |  | --- |  |  |  | 13,984,000 |  |  |  | --- |  |  |  | 13,984,000 |
Consulting fees |  |  | --- |  |  |  | 4,704,000 |  |  |  | --- |  |  |  | 4,704,000 |
Other public service fees |  |  | --- |  |  |  | 6,170,000 |  |  |  | --- |  |  |  | 6,170,000 |
Operating expenses |  |  | 18,038,000 |  |  |  | 29,452,000 |  |  |  | --- |  |  |  | 47,490,000 |
Income (loss) from operations |  |  | 1,082,000 |  |  |  | (4,594,000 | ) |  |  | --- |  |  |  | (3,512,000 | )
Dividends and interest income |  |  | --- |  |  |  | --- |  |  |  | 3,829,000 |  |  |  | 3,829,000 |
Other income and capital gains |  |  | --- |  |  |  | --- |  |  |  | 69,000 |  |  |  | 69,000 |
Interest expense on margin loans |  |  | --- |  |  |  | --- |  |  |  | (224,000 | ) |  |  | (224,000 | )
Interest expense accrued for uncertain and unrecognized tax benefits |  |  | --- |  |  |  | (96,000 | ) |  |  | --- |  |  |  | (96,000 | )
Other-than-temporary impairment losses on investments |  |  | --- |  |  |  | --- |  |  |  | (376,000 | ) |  |  | (376,000 | )
Pretax income (loss) |  |  | 1,082,000 |  |  |  | (4,690,000 | ) |  |  | 3,298,000 |  |  |  | (310,000 | )
Income tax benefit |  |  | (70,000 | ) |  |  | 1,580,000 |  |  |  | (390,000 | ) |  |  | 1,120,000 |
Net income (loss) |  |  | 1,012,000 |  |  |  | (3,110,000 | ) |  |  | 2,908,000 |  |  |  | 810,000 |
Total assets |  |  | 15,047,000 |  |  |  | 47,108,000 |  |  |  | 166,041,000 |  |  |  | 228,196,000 |
Capital expenditures |  |  | 425,000 |  |  |  | 140,000 |  |  |  | --- |  |  |  | 565,000 |
Amortization of intangible assets |  |  | 12,000 |  |  |  | 4,895,000 |  |  |  | --- |  |  |  | 4,907,000 |
|  | Reportable Segments |  |  |  |  |  |  |  |  |
|  | Traditional Business |  |  | Journal Technologies |  |  | Corporate income and expenses |  |  | Total |
Fiscal 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Advertising, net |  | $ | 11,435,000 |  |  | $ | --- |  |  | $ | --- |  |  | $ | 11,435,000 |
Circulation |  |  | 6,038,000 |  |  |  | --- |  |  |  | --- |  |  |  | 6,038,000 |
Advertising service fees and other |  |  | 2,800,000 |  |  |  | --- |  |  |  | --- |  |  |  | 2,800,000 |
Licensing and maintenance fees |  |  | --- |  |  |  | 12,987,000 |  |  |  | --- |  |  |  | 12,987,000 |
Consulting fees |  |  | --- |  |  |  | 4,002,000 |  |  |  | --- |  |  |  | 4,002,000 |
Other public service fees |  |  | --- |  |  |  | 6,161,000 |  |  |  | --- |  |  |  | 6,161,000 |
Operating expenses |  |  | 17,154,000 |  |  |  | 28,459,000 |  |  |  | --- |  |  |  | 45,613,000 |
Income (loss) from operations |  |  | 3,119,000 |  |  |  | (5,309,000 | ) |  |  | --- |  |  |  | (2,190,000 | )
Dividends and interest income |  |  | --- |  |  |  | --- |  |  |  | 3,001,000 |  |  |  | 3,001,000 |
Other income and capital gains |  |  | --- |  |  |  | --- |  |  |  | 97,000 |  |  |  | 97,000 |
Interest expenses |  |  | --- |  |  |  | --- |  |  |  | (230,000 | ) |  |  | (230,000 | )
Interest expense accrued for uncertain and unrecognized tax benefits |  |  | --- |  |  |  | (537,000 | ) |  |  | --- |  |  |  | (537,000 | )
Pretax income (loss) |  |  | 3,119,000 |  |  |  | (5,846,000 | ) |  |  | 2,868,000 |  |  |  | 141,000 |
Income tax benefit |  |  | (1,460,000 | ) |  |  | 2,350,000 |  |  |  | (400,000 | ) |  |  | 490,000 |
Net income (loss) |  |  | 1,659,000 |  |  |  | (3,496,000 | ) |  |  | 2,468,000 |  |  |  | 631,000 |
Total assets |  |  | 18,228,000 |  |  |  | 51,973,000 |  |  |  | 173,676,000 |  |  |  | 243,877,000 |
Capital expenditures |  |  | 110,000 |  |  |  | 325,000 |  |  |  | --- |  |  |  | 435,000 |
Amortization of intangible assets |  |  | --- |  |  |  | 4,866,000 |  |  |  | --- |  |  |  | 4,866,000 |
|  | Reportable Segments |  |  |  |  |  |  |  |  |
|  | Traditional Business |  |  | Journal Technologies* |  |  | Corporate income and expenses |  |  | Total |
Fiscal 2013* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Advertising, net |  | $ | 14,472,000 |  |  | $ | --- |  |  | $ | --- |  |  | $ | 14,472,000 |
Circulation |  |  | 6,346,000 |  |  |  | --- |  |  |  | --- |  |  |  | 6,346,000 |
Advertising service fees and other |  |  | 3,012,000 |  |  |  | --- |  |  |  | --- |  |  |  | 3,012,000 |
Licensing and maintenance fees |  |  | --- |  |  |  | 9,942,000 |  |  |  | --- |  |  |  | 9,942,000 |
Consulting fees |  |  | --- |  |  |  | 3,406,000 |  |  |  | --- |  |  |  | 3,406,000 |
Other public service fees |  |  | --- |  |  |  | 498,000 |  |  |  | --- |  |  |  | 498,000 |
Operating expenses |  |  | 15,856,000 |  |  |  | 18,031,000 |  |  |  | --- |  |  |  | 33,887,000 |
Income (loss) from operations |  |  | 7,974,000 |  |  |  | (4,185,000 | ) |  |  | --- |  |  |  | 3,789,000 |
Dividends and interest income |  |  | --- |  |  |  | --- |  |  |  | 2,541,000 |  |  |  | 2,541,000 |
Other income and capital gains |  |  | --- |  |  |  | --- |  |  |  | 55,000 |  |  |  | 54,000 |
Interest expenses |  |  | --- |  |  |  | --- |  |  |  | (97,000 | ) |  |  | (97,000 | )
Other-than-temporary impairment losses on investments |  |  | --- |  |  |  | --- |  |  |  | (1,719,000 | ) |  |  | (1,719,000 | )
Pretax income (loss) |  |  | 7,974,000 |  |  |  | (4,185,000 | ) |  |  | 780,000 |  |  |  | 4,569,000 |
Income tax expense |  |  | (3,301,000 | ) |  |  | 2,263,000 |  |  |  | 248,000 |  |  |  | (790,000 | )
Net income (loss) |  |  | 4,673,000 |  |  |  | (1,922,000 | ) |  |  | 1,028,000 |  |  |  | 3,779,000 |
Total assets |  |  | 18,458,000 |  |  |  | 47,611,000 |  |  |  | 136,994,000 |  |  |  | 203,063,000 |
Capital expenditures |  |  | 96,000 |  |  |  | 184,000 |  |  |  | --- |  |  |  | 280,000 |
Amortization of intangible assets |  |  | --- |  |  |  | 1,865,000 |  |  |  | --- |  |  |  | 1,865,000 |
| * | Includes (i) New Dawn’s financial results from December 5, 2012 through September 30, 2013 with revenues of $10,403,000 and expenses of $10,625,000 (including intangible amortization expenses of $1,587,000), and (ii) ISD’s September 2013 financial results with revenues of $784,000 and expenses of $694,000 (including intangible amortization expenses of $278,000).

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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