XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Condensed Consolidated Statements of Operations        
Sales (including excise taxes of $98.9 million and $101.5 million, and $284.9 million and $285.9 million, respectively) $ 333,398,723 $ 334,456,509 $ 951,856,098 $ 937,333,849
Cost of sales 314,235,192 314,957,889 896,190,425 880,575,362
Gross profit 19,163,531 19,498,620 55,665,673 56,758,487
Selling, general and administrative expenses 15,335,808 15,405,676 45,951,300 47,072,555
Depreciation and amortization 512,543 542,307 1,655,173 1,709,469
Total operating expenses 15,848,351 15,947,983 47,606,473 48,782,024
Operating income 3,315,180 3,550,637 8,059,200 7,976,463
Other expense (income):        
Interest expense 188,798 242,266 562,654 673,783
Other (income), net (35,552) (20,853) (98,634) (63,907)
Total other expenses (income) 153,246 221,413 464,020 609,876
Income from operations before income tax expense 3,161,934 3,329,224 7,595,180 7,366,587
Income tax expense 1,310,000 1,333,000 3,241,000 3,055,000
Net income 1,851,934 1,996,224 4,354,180 4,311,587
Preferred stock dividend requirements (48,642) (48,643) (146,462) (145,928)
Net income available to common shareholders $ 1,803,292 $ 1,947,581 $ 4,207,718 $ 4,165,659
Basic earnings per share available to common shareholders: (in dollars per share) $ 3.03 $ 3.16 $ 6.91 $ 6.78
Diluted earnings per share available to common shareholders: (in dollars per share) $ 2.62 $ 2.69 $ 6.07 $ 5.85
Basic weighted average shares outstanding (in shares) 596,112 615,822 609,240 614,723
Diluted weighted average shares outstanding (in shares) 707,300 741,183 717,875 737,325
Dividends declared per common share $ 0.18 $ 0.18 $ 0.82 $ 0.54
Dividends paid per common share $ 0.18 $ 0.18 $ 0.82 $ 0.54