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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
Condensed Consolidated Statements of Income        
Net sales $ 66,587,000 $ 55,751,000 $ 130,409,000 $ 109,154,000
Cost of sales 48,462,000 40,727,000 94,106,000 79,678,000
Gross margin 18,125,000 15,024,000 36,303,000 29,476,000
Operating expenses:        
Selling, general and administrative expenses 13,439,000 12,540,000 22,334,000 25,221,000
Income from operations 4,686,000 2,484,000 13,969,000 4,255,000
Other income (expense):        
Net (loss) gain on trading securities (22,000) (506,000) (78,000) (1,059,000)
Interest and other (expense) (53,000) (60,000) (105,000) (129,000)
Other (expense) income, net (75,000) (566,000) (183,000) (1,188,000)
Income before income taxes 4,611,000 1,918,000 13,786,000 3,067,000
Provision for income taxes 1,204,000 524,000 3,593,000 822,000
Net income 3,407,000 1,394,000 10,193,000 2,245,000
Cumulative preferred stock dividend (19,000) (19,000) (38,000) (38,000)
Net income attributable to common shareholders $ 3,388,000 $ 1,375,000 $ 10,155,000 $ 2,207,000
Basic earnings per common share: $ 0.70 $ 0.28 $ 2.09 $ 0.45
Diluted earnings per common share: $ 0.70 $ 0.28 $ 2.09 $ 0.45
Basic weighted average common shares outstanding 4,861,590 4,861,590 4,861,590 4,861,590
Diluted weighted average common shares outstanding 4,901,590 4,901,590 4,901,590 4,901,590