Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v3.22.2.2
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Net sales $ 270,883 $ 140,755 $ 93,075
Cost of sales 157,936 79,578 55,160
Gross profit 112,947 61,177 37,915
Operating expenses      
Selling, general and administrative 49,130 35,943 29,531
Income from operations 63,817 25,234 8,384
Net investment income 328 500 771
Interest expense (311) 0 0
Income before income taxes 63,834 25,734 9,155
Income tax expense 14,472 5,407 1,862
Net income $ 49,362 $ 20,327 $ 7,293
Net income per share Basic (in dollars per share) $ 3.58 $ 1.48 $ 0.53
Net income per share Diluted (in dollars per share) $ 3.55 $ 1.47 $ 0.53
Weighted average shares outstanding:      
Basic (in shares) 13,771,665 13,720,699 13,643,355
Diluted (in shares) 13,905,984 13,784,294 13,643,355