Annual report pursuant to Section 13 and 15(d)

Statements of Earnings

v3.20.2
Statements of Earnings - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 93,074,514 $ 85,034,182
Cost of sales 55,160,316 52,345,059
Gross profit 37,914,198 32,689,123
Operating expenses    
Selling, general and administrative 29,530,198 27,500,989
Income from operations 8,384,000 5,188,134
Interest income 770,950 738,459
Income before income taxes 9,154,950 5,926,593
Income tax expense 1,861,884 1,360,437
Net income $ 7,293,066 $ 4,566,156
Net income per share Basic (in dollars per share) $ 0.53 $ 0.34
Net income per share Diluted (in dollars per share) $ 0.53 $ 0.34
Weighted average shares outstanding:    
Basic (in shares) 13,643,355 13,442,871
Diluted (in shares) 13,643,355 13,451,214