v3.23.3
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Net sales $ 268,720 $ 270,883 $ 140,755
Cost of sales 183,441 157,936 79,578
Gross profit 85,279 112,947 61,177
Operating expenses      
Selling, general and administrative 47,992 49,130 35,943
Income from operations 37,287 63,817 25,234
Net investment income 5,206 328 500
Interest expense (881) (311) 0
Income before income taxes 41,612 63,834 25,734
Income tax expense 9,079 14,472 5,407
Net income $ 32,533 $ 49,362 $ 20,327
Net income per share Basic (in dollars per share) $ 2.17 $ 3.58 $ 1.48
Basic (in shares) 14,975,972 13,771,665 13,720,699
Diluted (in shares) 15,012,527 13,905,984 13,784,294
Net income per share Diluted (in dollars per share) $ 2.17 $ 3.55 $ 1.47
Weighted average shares outstanding:      
Net income per share Basic (in dollars per share) $ 2.17 $ 3.58 $ 1.48

Source