Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Revenues $ 193,288 $ 199,633
Cost of revenues 122,415 125,435
Gross profit 70,873 74,198
Operating expenses:    
General and administrative expenses 52,840 49,258
Sales and marketing expenses 14,777 14,140
Total operating expenses 67,617 63,398
Operating income 3,256 10,800
Other (expense) income:    
Interest expense, net (6,315) (8,643)
Bargain purchase gain on acquisition 0 7,294
Impairment charges (3,222) 0
Other income 644 879
Total other (expense) income, net (8,893) (470)
Income (loss) before income taxes (5,637) 10,330
(Benefit) Provision for income taxes (1,625) 4,407
Net income (loss) $ (4,012) $ 5,923
Income (loss) per share:    
Basic $ (2.11) $ 3.01
Diluted $ (2.11) $ 1.58
Weighted average common shares outstanding:    
Basic 1,901,315 1,965,595
Diluted 1,901,315 3,742,959
Dividends declared - Series B convertible preferred stock $ 0 $ 0
Dividends declared - Series E convertible preferred stock $ 1 $ 1
Dividends declared - Common stock $ 0 $ 0