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Condensed Consolidated Statements Of Operations (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Oct. 31, 2012
|
Oct. 31, 2011
|
Oct. 31, 2010
|
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| Condensed Consolidated Statements Of Operations [Abstract] | |||
| Net sales | $ 83,523,330 | $ 73,339,591 | $ 67,506,174 |
| Cost of goods sold | 51,970,244 | 47,048,370 | 43,746,220 |
| Gross profit | 31,553,086 | 26,291,221 | 23,759,954 |
| Selling, general and administrative expenses | 27,300,248 | 25,168,893 | 24,267,614 |
| Royalty income, net | (299,174) | (783,230) | (1,233,607) |
| Amortization of intangible assets | 134,201 | 430,807 | 587,233 |
| Impairment of goodwill | 5,580,250 | ||
| Income (loss) from operations | 4,417,811 | 1,474,751 | (5,441,536) |
| Other expense, net: | |||
| Interest income | 8,416 | 4,659 | 79,543 |
| Interest expense | (558,661) | (624,829) | (621,750) |
| Other, net | 15,969 | 1,170 | 64,726 |
| Other expense, net | (534,276) | (619,000) | (477,481) |
| Income (loss) before income taxes | 3,883,535 | 855,751 | (5,919,017) |
| Income tax expense | 1,257,335 | 398,252 | 91,290 |
| Net income (loss) | 2,626,200 | 457,499 | (6,010,307) |
| Net loss attributable to noncontrolling interest | (123,117) | (208,817) | (277,382) |
| Net income (loss) attributable to Optical Cable Corporation | $ 2,749,317 | $ 666,316 | $ (5,732,925) |
| Net income (loss) attributable to Optical Cable Corporation per share: Basic and diluted | $ 0.43 | $ 0.11 | $ (0.95) |
| Cash dividends declared per common share | $ 0.06 | $ 0.04 | $ 0.01 |