Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Earnings (Unaudited)

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Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Net sales $ 34,230,000 $ 85,942,000
Cost of sales 29,533,000 55,293,000
Gross profit 4,697,000 30,649,000
Operating expenses    
Selling, general and administrative 12,859,000 12,759,000
Income from operations (8,162,000) 17,890,000
Net investment income 2,069,000 303,000
Interest expense (126,000) (243,000)
Income before income taxes (6,219,000) 17,950,000
Income tax expense (951,000) 3,695,000
Net income $ (5,268,000) $ 14,255,000
Net income per share Basic (in dollars per share) $ (0.35) $ 1.01
Net income per share Diluted (in dollars per share) $ (0.35) $ 1
Weighted average shares outstanding:    
Diluted (in shares) 15,212,945 14,284,847
Basic (in shares) 15,212,945 14,165,550