Note 2 - Basis of Presentation and Restatement (Tables)

9 Months Ended

Jun. 30, 2014

Condensed Balance Sheet [Table Text Block]

	As of June 30, 2014
	Previously
	Reported			Adjustments			Restated
ASSETS
Current assets
Cash and cash equivalents	$	14,750,000		$	---		$	14,750,000
Marketable securities, including common stocks of $158,630,000 and bonds of $8,193,000 at June 30, 2014 and common stocks of $129,699,000 and bonds of $7,295,000 at September 30, 2013		166,823,000			---			166,823,000
Accounts receivable, less allowance for doubtful accounts of $250,000 at June 30, 2014 and September 30, 2013, respectively		6,850,000			---			6,850,000
Inventories		48,000			---			48,000
Prepaid expenses and other assets		1,336,000			---			1,336,000
Income tax receivable		1,757,000			(339,000	)		1,418,000
Total current assets		191,564,000			(339,000	)		191,225,000

Property, plant and equipment, at cost
Land, buildings and improvements		12,861,000			---			12,861,000
Furniture, office equipment and computer software		2,958,000			---			2,958,000
Machinery and equipment		2,039,000			---			2,039,000
		17,858,000			---			17,858,000
Less accumulated depreciation		(8,716,000	)		---			(8,716,000	)
		9,142,000			---			9,142,000
Intangibles, net		18,967,000			---			18,967,000
Goodwill		13,400,000			---			13,400,000
Deferred income taxes		1,877,000			1,072,000			2,949,000
	$	234,950,000		$	733,000		$	235,683,000

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable	$	4,406,000		$	---		$	4,406,000
Accrued liabilities		3,067,000			---			3,067,000
Deferred subscriptions		3,145,000			---			3,145,000
Deferred installation contracts		8,412,000			---			8,412,000
Deferred maintenance agreements and others		7,321,000			---			7,321,000
Deferred income taxes, net		43,917,000			---			43,917,000
Total current liabilities		70,268,000			---			70,268,000

Long term liabilities
Investment margin account borrowings		29,493,000			---			29,493,000
Deferred maintenance agreements		211,000			---			211,000
Income tax payable		---			3,018,000			3,018,000
Accrued interest and penalty for uncertain and unrecognized tax benefits		---			518,000			518,000
Accrued liabilities		1,200,000			---			1,200,000
Total long term liabilities		30,904,000			3,536,000			34,440,000

Commitments and contingencies (Note 11)		---			---

Shareholders' equity
Preferred stock, $.01 par value, 5,000,000 shares authorized and no shares issued		---			---			---
Common stock, $.01 par value, 5,000,000 shares authorized; 1,805,053 shares issued, including 424,307 treasury shares, at June 30, 2014 and September 30, 2013		14,000			---			14,000
Additional paid-in capital		1,755,000			---			1,755,000
Retained earnings		59,924,000			(2,803,000	)		57,121,000
Accumulated other comprehensive income		72,085,000			---			72,085,000
Total shareholders' equity		133,778,000			(2,803,000	)		130,975,000
	$	234,950,000		$	733,000		$	235,683,000

Condensed Statement of Comprehensive Income [Table Text Block]

	Three months ended June 30, 2014
	Previously Reported			Adjustments			Restated
Revenues
Advertising	$	2,976,000		$	---		$	2,976,000
Circulation		1,502,000			---			1,502,000
Advertising service fees and other		771,000			---			771,000
Information systems and services		5,898,000			---			5,898,000
		11,147,000			---			11,147,000

Costs and expenses
Salaries and employee benefits		6,175,000			---			6,175,000
Other outside services		822,000			---			822,000
Postage and delivery expenses		335,000			---			335,000
Newsprint and printing expenses		368,000			---			368,000
Depreciation and amortization		1,385,000			---			1,385,000
Other general and administrative expenses		2,325,000			---			2,325,000
		11,410,000			---			11,410,000
Loss from operations		(263,000	)		---			(263,000	)
Other income (expense)
Dividends and interest income		824,000			---			824,000
Other income		26,000			---			26,000
Interest and penalty expenses accrued for uncertain and unrecognized tax benefits		---			(518,000	)		(518,000	)
Interest expense		(56,000	)		---			(56,000	)
Income before taxes		531,000			(518,000	)		13,000
Benefit from income taxes		(2,310,000	)		2,285,000			(25,000	)
Net income	$	2,841,000		$	(2,803,000	)	$	38,000

Weighted average number of common shares outstanding - basic and diluted		1,380,746			---			1,380,746
Basic and diluted net income per share	$	2.06		$	(2.03	)	$	0.03


Comprehensive (loss) income
Net income	$	2,841,000		$	(2,803,000	)	$	38,000
Net decrease in unrealized appreciation of investments (net of taxes)		(689,000	)		---			(689,000	)
	$	2,152,000		$	(2,803,000	)	$	(651,000	)

	Nine months ended June 30, 2014
	Previously Reported			Adjustments			Restated
Revenues
Advertising	$	8,620,000		$	---		$	8,620,000
Circulation		4,518,000			---			4,518,000
Advertising service fees and other		2,108,000			---			2,108,000
Information systems and services		16,680,000			---			16,680,000
		31,926,000			---			31,926,000

Costs and expenses
Salaries and employee benefits		19,032,000			---			19,032,000
Other outside services		2,409,000			---			2,409,000
Postage and delivery expenses		961,000			---			961,000
Newsprint and printing expenses		948,000			---			948,000
Depreciation and amortization		4,134,000			---			4,134,000
Other general and administrative expenses		6,492,000			---			6,492,000
		33,976,000			---			33,976,000
Loss from operations		(2,050,000	)		---			(2,050,000	)
Other income (expense)
Dividends and interest income		2,100,000			---			2,100,000
Other income		77,000			---			77,000
Interest and penalty expenses accrued for uncertain and unrecognized tax benefits		---			(518,000	)		(518,000	)
Interest expense		(173,000	)		---			(173,000	)
Loss before taxes		(46,000	)		(518,000	)		(564,000	)
Provision for (benefit from) income taxes		(2,300,000	)		2,285,000			(15,000	)
Net (loss) income	$	2,254,000		$	(2,803,000	)	$	(549,000	)

Weighted average number of common shares outstanding - basic and diluted		1,380,746			---			1,380,746
Basic and diluted net income (loss) per share	$	1.63		$	(2.03	)	$	(0.40	)


Comprehensive income
Net (loss) income	$	2,254,000		$	(2,803,000	)	$	(549,000	)
Net increase in unrealized appreciation of investments (net of taxes)		18,177,000			---			18,177,000
	$	20,431,000		$	(2,803,000	)	$	17,628,000

Condensed Cash Flow Statement [Table Text Block]

	Nine months ended June 30
	Previously Reported			Adjustments			Restated
Cash flows from operating activities
Net (loss) income	$	2,254,000		$	(2,803,000	)	$	(549,000	)
Adjustments to reconcile net income to net cash provided by operations
Depreciation and amortization		4,134,000			---			4,134,000
Deferred income taxes		(884,000	)		(1,072,000	)		(1,956,000	)
Discounts earned on bonds		(2,000	)		---			(2,000	)
Changes in assets and liabilities
Decrease (increase) in current assets (net of acquisition)
Accounts receivable, net		(536,000	)		---			(536,000	)
Inventories		8,000			---			8,000
Prepaid expenses and other assets		622,000			---			622,000
Income tax receivable		(1,452,000	)		339,000			(1,113,000	)
Increase (decrease) in liabilities (net of acquisition)
Accounts payable		147,000			---			147,000
Accrued liabilities		(2,019,000	)		518,000			(1,501,000	)
Income taxes		---			3,018,000			3,018,000
Deferred subscriptions		(389,000	)		---			(389,000	)
Deferred maintenance agreements and others		399,000			---			399,000
Deferred installation contracts		1,533,000			---			1,533,000
Net cash provided by operating activities		3,815,000			---			3,815,000

Cash flows from investing activities
Maturities and sales of U.S. Treasury Bills		---			---			---
Acquisition of New Dawn Technologies, Inc. (net of cash acquired)		---			---			---
Purchases of property, plant and equipment		(403,000	)		---			(403,000	)
Net cash used in investing activities		(403,000	)		---			(403,000	)

Cash flows from financing activities
Investment margin account borrowing		---			---			---
Cash provided by financing activities		---			---			---

Increase in cash and cash equivalents		3,412,000			---			3,412,000

Cash and cash equivalents
Beginning of period		11,338,000			---			11,338,000
End of period	$	14,750,000		$	---		$	14,750,000