Daily journal corporation (DJCO)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Aug'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Mar'10
Revenue
Revenues

12,356

11,677

12,997

14,518

10,712

10,428

10,106

11,007

9,338

10,252

-

10,201

10,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising

-

-

-

-

-

-

-

-

-

-

-

-

-

2,310

-

2,715

2,346

2,321

2,548

2,701

2,549

2,704

-

2,815

2,976

2,796

2,848

3,173

3,617

3,437

4,245

4,616

4,897

4,876

4,832

4,981

5,271

5,315

5,770

6,019

Circulation

-

-

-

-

-

-

-

-

-

-

-

-

-

1,449

-

1,467

1,458

1,506

1,486

1,445

1,460

1,524

-

1,520

1,502

1,476

1,540

1,554

1,574

1,584

1,634

1,599

1,630

1,630

1,671

1,686

1,695

1,642

1,744

1,719

Advertising service fees and other

-

-

-

-

-

-

-

-

-

-

-

-

-

638

-

720

644

650

666

702

650

685

-

693

770

661

676

788

685

723

816

917

769

810

709

815

827

816

970

1,012

Licensing and maintenance fees

-

-

-

-

-

-

-

-

-

-

-

-

-

3,966

-

3,679

4,107

3,647

3,232

3,315

3,680

3,757

-

3,669

3,175

3,135

3,008

-

-

-

-

-

-

-

-

-

-

-

-

-

Consulting fees

-

-

-

-

-

-

-

-

-

-

-

-

-

848

-

748

1,664

1,376

1,303

791

1,418

1,192

-

1,287

1,189

1,109

417

-

-

-

-

-

-

-

-

-

-

-

-

-

Other public service fees

-

-

-

-

-

-

-

-

-

-

-

-

-

779

-

1,009

1,223

1,315

1,534

1,540

1,635

1,461

-

1,514

1,534

1,651

1,462

-

-

-

-

-

-

-

-

-

-

-

-

-

Information systems and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,328

4,009

998

-

835

750

708

663

706

801

811

719

-

-

-

-

-

-

-

-

-

-

-

-

-

9,990

-

10,338

11,442

10,815

10,769

10,494

11,392

11,323

-

11,498

11,146

10,828

9,951

11,026

9,204

9,753

7,693

7,757

8,131

8,066

7,920

8,145

8,499

8,574

9,295

9,469

Costs and expenses
Salaries and employee benefits

9,678

8,887

8,853

8,715

8,791

8,655

8,605

8,475

8,555

8,197

7,885

8,126

8,097

7,641

6,844

6,860

7,029

6,648

6,270

6,357

6,771

6,612

-

6,230

6,175

6,358

6,499

4,705

5,175

5,152

4,204

3,278

3,466

3,529

3,319

3,054

3,414

3,556

3,449

4,054

Outside services

1,154

860

1,241

444

1,244

945

1,404

606

1,238

1,039

1,369

1,116

1,087

980

1,139

913

813

864

1,015

827

835

847

-

803

822

801

786

844

762

745

735

723

755

774

704

892

774

739

763

752

Postage and delivery expenses

191

210

211

218

205

204

207

217

216

217

266

283

285

278

284

279

292

286

328

346

312

332

-

320

335

305

321

322

346

318

342

335

360

335

345

353

370

345

369

375

Newsprint and printing expenses

193

178

179

186

186

176

191

186

191

212

214

224

230

209

233

243

219

217

290

335

258

342

-

273

368

251

329

307

379

276

345

298

360

306

357

329

354

342

357

372

Depreciation and amortization

128

128

145

141

150

153

656

905

899

1,218

1,382

1,423

1,389

1,392

1,421

1,445

1,428

1,415

1,438

1,366

1,367

1,360

-

1,382

1,385

1,385

1,364

897

635

620

289

132

126

126

119

127

124

148

136

143

Equipment maintenance and software

504

322

383

380

410

343

-

339

401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit card merchant discount fees

388

382

397

367

375

270

-

265

261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rent expenses

170

172

286

216

257

258

-

254

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounting and legal fees

202

256

307

499

396

403

-

482

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other general and administrative expenses

846

1,800

1,751

2,228

1,369

1,542

232

1,987

1,513

2,814

-977

2,662

2,457

2,343

2,416

2,380

2,237

2,347

2,468

2,408

2,815

2,191

-

2,629

2,325

2,246

1,921

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses, Total

13,454

13,195

27,153

13,394

13,383

12,949

13,639

13,716

13,711

13,697

14,329

13,834

13,545

12,843

12,337

12,120

12,018

11,777

11,809

11,639

12,358

11,684

11,637

-

11,410

11,346

11,220

29,844

1,461

1,505

1,077

-

830

812

816

961

859

862

1,034

1,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,758

8,616

6,992

-

5,897

5,882

5,660

5,716

5,895

5,992

6,108

6,706

Loss from operations

-1,098

-1,518

-14,156

1,124

-2,671

-2,521

-3,533

-2,709

-4,373

-3,445

-3,415

-3,633

-3,266

-2,853

-3,320

-1,782

-576

-962

-1,040

-1,145

-966

-361

-

-139

-264

-518

-1,269

1,505

446

1,137

701

2,004

2,234

2,184

2,260

2,429

2,604

2,582

3,187

2,763

Other income (expense)
Dividends and interest income

1,297

1,680

1,341

1,368

1,141

1,530

1,086

1,215

1,024

1,483

1,353

952

1,368

1,171

1,072

1,277

833

903

964

1,177

860

828

-

900

825

622

654

709

726

539

567

516

608

517

326

363

326

333

211

210

Other income

0

3

-

-

9

10

-

-

-

-

9

4

6

15

15

16

14

16

10

23

14

18

-

20

26

25

26

18

16

16

4

-

-

-

-

-

-

-

-

-

Gain on sale of bonds

-

-

-

-

-

-

-

-

3,180

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income and capital gains

-

-

-

10

-

-

-

9

10

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized (losses) gains on investments

-77,211

19,531

-786

3,214

8,497

-28,640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense on note payable collateralized by real estate and others

-

-

-

-

-

-

-

-

-

-

843

0

-752

9

87

26

-25

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital gains on sales of marketable securities and others

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income before income taxes

-77,186

19,490

-13,804

5,443

6,735

-29,850

-7,214

-1,682

-332

-2,111

-2,210

-2,816

-1,261

-1,781

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and penalty expenses accrued for uncertain and unrecognized tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

518

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

55

57

-

-

56

56

61

-

27

31

8

-

4

-66

-

9

9

9

9

9

Interest expense accrued for uncertain and unrecognized tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

24

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of capital assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

-

-

-

-

Other-than-temporary impairment losses on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,855

-

-

-

-

-

-

-

Gains on sales of capital assets/investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

Loss before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-623

152

-135

-520

-27

-171

408

-

705

13

73

-650

483

1,161

1,661

1,264

2,558

-17

2,774

2,586

2,783

2,921

2,907

3,389

2,964

Benefit from (provision for) income taxes

-20,860

5,280

-1,280

1,620

1,717

-8,317

-1,880

-710

-100

-16,850

-1,135

-1,465

-4,240

-310

-1,410

-285

-55

-185

-360

-60

-675

-25

-

-475

-25

20

-10

-485

335

510

430

975

-225

730

880

860

1,030

1,065

1,205

1,120

Net (loss) income

-56,326

14,210

-12,524

3,823

5,018

-21,533

-5,334

-972

-232

14,739

-1,075

-1,351

2,979

-1,471

-962

-338

207

50

-160

33

504

433

-

1,180

38

53

-640

968

826

1,151

834

1,583

208

2,044

1,706

1,923

1,891

1,842

2,184

1,844

Weighted average number of common shares outstanding - basic and diluted (in shares)

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

-

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

1,380

-

1,380

-

-

-

Weighted average number of common shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,380

1,380

-

Basic and diluted net (loss) income per share (in dollars per share)

-40.79

10.29

-9.06

2.77

3.63

-15.60

-3.86

-0.70

-0.17

10.67

-0.77

-0.98

2.16

-1.07

-0.70

-0.25

0.15

0.04

-0.11

0.02

0.37

0.31

-

0.85

0.03

0.04

-0.46

0.71

0.60

0.83

0.60

1.14

0.15

1.48

1.24

1.40

1.37

1.33

1.58

1.34

Net unrealized losses on investments

-77,211

19,531

-786

3,214

8,497

-28,640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-77,186

19,490

-13,804

5,443

6,735

-29,850

-

-1,682

-332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net income (loss) per share (in dollars per share)

-40.79

10.29

-9.06

2.77

3.63

-15.60

-

-0.70

-0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-56,326

14,210

-12,524

3,823

5,018

-21,533

-5,334

-972

-232

14,739

-1,075

-1,351

2,979

-1,471

-962

-338

207

50

-160

33

504

433

-

1,180

38

53

-640

968

826

1,151

834

1,583

208

2,044

1,706

1,923

1,891

1,842

2,184

1,844

Net change in unrealized appreciation of investments (net of taxes of $0 for fiscal 2019, net of tax benefits of $1,258,000 for fiscal 2018 and net of taxes of $22,300,000 for fiscal 2017)

-

-

-

-

-

-

3,533

-7,613

-13,861

12,118

11,401

4,258

4,638

15,019

3,139

-1,222

-10,058

5,927

-9,644

5,277

-802

-3,642

-

4,216

-689

10,667

8,199

5,490

4,887

3,718

7,197

1,655

-3,410

12,921

3,919

-

-4,169

1,051

-

-

Other-than-temporary impairment losses recognized in net income (net of taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,720

-

-

-

-

-

-

-

Comprehensive (loss) income

-56,326

14,210

-12,524

3,823

5,018

-21,533

1,549

-8,585

-14,093

26,857

10,326

2,907

7,617

13,548

2,177

-1,560

-9,851

5,977

-9,574

5,310

-298

-3,209

-

5,396

-651

10,720

7,559

7,509

5,713

4,869

8,031

3,238

-1,482

14,965

5,625

-

-2,278

2,893

-

-

Advertising [Member]
Revenues

1,992

2,126

2,379

2,453

2,108

2,192

2,412

2,375

2,209

2,116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subscription and Circulation [Member]
Revenues

1,286

1,312

1,319

1,319

1,273

1,338

1,336

1,346

1,356

1,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising Service Fees and Other [Member]
Revenues

654

694

684

735

624

669

674

724

659

602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License and Maintenance [Member]
Revenues

5,505

5,210

4,935

5,814

4,640

4,790

4,138

4,756

3,981

4,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consulting Fees [Member]
Revenues

1,229

689

1,972

2,627

399

541

685

940

212

995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service, Other [Member]
Revenues

1,690

1,646

1,708

1,570

1,668

898

861

866

921

826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real Estate Bank Loan Secured by Logan Office [Member]
Interest expense on debt

21

22

-

22

22

23

-

24

24

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Margin Account [Member]
Interest expense on debt

153

184

186

251

219

206

193

173

149

136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-