Annual report pursuant to Section 13 and 15(d)

Statements of Earnings

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Statements of Earnings - USD ($)
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 75,287,726 $ 60,323,917 $ 58,045,292
Cost of sales 42,417,478 35,455,964 33,446,526
Gross profit 32,870,248 24,867,953 24,598,766
Operating expenses      
Selling, general and administrative 22,138,556 17,816,598 16,080,640
Income from operations 10,731,692 7,051,355 8,518,126
Interest income 157,402 105,891 95,703
Income before income taxes 10,889,094 7,157,246 8,613,829
Income tax expense 2,876,032 2,475,238 3,180,978
Net income $ 8,013,062 $ 4,682,008 $ 5,432,851
Basic (in dollars per share) $ 0.60 $ 0.35 $ 0.42
Diluted (in dollars per share) $ 0.59 $ 0.34 $ 0.40
Basic (in shares) 13,372,579 13,216,010 12,916,273
Diluted (in shares) 13,663,349 13,587,532 13,601,594