Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Earnings (Unaudited)

v3.26.1
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net sales $ 43,864,000 $ 38,755,000 $ 112,596,000 $ 109,074,000
Cost of sales 29,920,000 25,079,000 76,103,000 72,762,000
Gross profit 13,944,000 13,676,000 36,493,000 36,312,000
Operating expenses        
Selling, general and administrative 11,373,000 12,149,000 37,815,000 35,148,000
Income (loss) from continuing operations 2,571,000 1,527,000 (1,322,000) 1,164,000
Net investment income 1,363,000 1,588,000 4,274,000 4,920,000
Income from continuing operations before income taxes 3,934,000 3,115,000 2,952,000 6,084,000
Income tax expense 934,000 787,000 757,000 1,562,000
Income from continuing operations, net of tax 3,000,000 2,328,000 2,195,000 4,522,000
Loss from discontinued operations, net of tax 0 (722,000) (337,000) (3,494,000)
Net income $ 3,000,000 $ 1,606,000 $ 1,858,000 $ 1,028,000
Basic        
Continuing operations (in dollars per share) $ 0.22 $ 0.16 $ 0.16 $ 0.32
Discontinued operations (in dollars per share) 0 (0.05) (0.02) (0.25)
Basic income per share (in dollars per share) 0.22 0.11 0.14 0.07
Diluted        
Continuing operations (in dollars per share) 0.22 0.16 0.16 0.32
Discontinued operations (in dollars per share) 0 (0.05) (0.02) (0.25)
Diluted income per share (in dollars per share) $ 0.22 $ 0.11 $ 0.14 $ 0.07
Weighted average shares outstanding:        
Basic (in shares) 13,592,072 13,833,748 13,711,413 14,047,802
Diluted (in shares) 13,592,072 13,833,748 13,711,413 14,047,802