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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2023
Feb. 28, 2022
Condensed Consolidated Statements of Income        
Net sales $ 76,925,000 $ 66,587,000 $ 153,244,000 $ 130,409,000
Cost of sales 54,661,000 48,462,000 109,317,000 94,106,000
Gross margin 22,264,000 18,125,000 43,927,000 36,303,000
Operating expenses:        
Selling, general and administrative expenses 15,606,000 13,439,000 31,291,000 22,334,000
Income from operations 6,658,000 4,686,000 12,636,000 13,969,000
Other income (expense):        
Net gain (loss) on trading securities 179,000 (22,000) 621,000 (78,000)
Interest and other income (expense) 46,000 (53,000) (2,000) (105,000)
Other income (expense), net 225,000 (75,000) 619,000 (183,000)
Income before income taxes 6,883,000 4,611,000 13,255,000 13,786,000
Provision for income taxes 1,783,000 1,204,000 3,444,000 3,593,000
Net income 5,100,000 3,407,000 9,811,000 10,193,000
Cumulative preferred stock dividend (19,000) (19,000) (38,000) (38,000)
Net income available for common shareholders $ 5,081,000 $ 3,388,000 $ 9,773,000 $ 10,155,000
Basic earnings per share $ 1.05 $ 0.70 $ 2.01 $ 2.09
Diluted earnings per share $ 1.05 $ 0.70 $ 2.01 $ 2.09
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