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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Feb. 29, 2020
Feb. 28, 2019
Condensed Consolidated Statements of Income        
Net sales $ 56,828,000 $ 52,559,000 $ 112,868,000 $ 103,345,000
Cost of sales 41,029,000 38,047,000 81,173,000 74,724,000
Gross margin 15,799,000 14,512,000 31,695,000 28,621,000
Operating expenses:        
Selling, general and administrative expenses 12,673,000 11,720,000 25,275,000 23,210,000
Income from operations 3,126,000 2,792,000 6,420,000 5,411,000
Other income (expense):        
Net gain (loss) on trading securities 471,000 (126,000) 391,000 102,000
Loss on sale of property     (102,000)  
Interest and other (expense) (65,000) (125,000) (184,000) (202,000)
Other income(expense), net 406,000 (251,000) 105,000 (100,000)
Income before income taxes 3,532,000 2,541,000 6,525,000 5,311,000
Provision for income taxes 934,000 580,000 2,010,000 1,425,000
Net income 2,598,000 1,961,000 4,515,000 3,886,000
Cumulative preferred stock dividend (19,000) (19,000) (38,000) (38,000)
Net income attributable to common shareholders $ 2,579,000 $ 1,942,000 $ 4,477,000 $ 3,848,000
Basic and diluted earnings per common share: $ 0.53 $ 0.40 $ 0.92 $ 0.79
Basic and diluted weighted average common shares outstanding 4,861,590 4,861,590 4,861,590 4,861,590