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Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenues        
Advertising $ 2,346,000 $ 2,549,000 $ 4,667,000 $ 5,253,000
Circulation 1,458,000 1,460,000 2,964,000 2,984,000
Advertising service fees and other 644,000 650,000 1,294,000 1,335,000
Licensing and maintenance fees 4,107,000 3,680,000 7,754,000 7,437,000
Consulting fees 1,664,000 1,418,000 3,040,000 2,610,000
Other public service fees 1,223,000 1,635,000 2,538,000 3,096,000
11,442,000 11,392,000 22,257,000 22,715,000
Costs and expenses        
Salaries and employee benefits 7,029,000 6,771,000 13,677,000 13,383,000
Other outside services 813,000 835,000 1,677,000 1,682,000
Postage and delivery expenses 292,000 312,000 578,000 644,000
Newsprint and printing expenses 219,000 258,000 436,000 600,000
Depreciation and amortization 1,428,000 1,367,000 2,843,000 2,727,000
Other general and administrative expenses 2,237,000 2,815,000 4,584,000 5,006,000
12,018,000 12,358,000 23,795,000 24,042,000
Loss from operations (576,000) (966,000) (1,538,000) (1,327,000)
Other income (expense)        
Dividends and interest income 833,000 860,000 1,736,000 1,688,000
Other income and capital gains 14,000 14,000 30,000 32,000
Interest expense (94,000) (55,000) (162,000) (112,000)
Interest expense accrued for uncertain and unrecognized tax benefits (25,000) (24,000) (49,000) (44,000)
Income (loss) before income taxes 152,000 (171,000) 17,000 237,000
Benefit from (provision for) income taxes 55,000 675,000 240,000 700,000
Net income $ 207,000 $ 504,000 $ 257,000 $ 937,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,380,746 1,380,746 1,380,746 1,380,746
Basic and diluted net income per share (in dollars per share) $ 0.15 $ 0.37 $ 0.19 $ 0.68
Comprehensive loss        
Net income $ 207,000 $ 504,000 $ 257,000 $ 937,000
Net decrease in unrealized appreciation of marketable securities (net of taxes) (10,058,000) (802,000) (4,131,000) (4,444,000)
(Loss) income before income taxes $ (9,851,000) $ (298,000) $ (3,874,000) $ (3,507,000)