Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Jul. 31, 2014	Oct. 31, 2013
Current assets:
Cash	$ 470,469	$ 750,303
Trade accounts receivable, net of allowance for doubtful accounts of $92,728 at July 31, 2014 and $74,073 at October 31, 2013	11,900,893	9,951,970
Other receivables	160,614	225,016
Income taxes refundable	1,203,423	590,569
Inventories	17,270,880	18,234,279
Prepaid expenses	540,540	331,141
Deferred income taxes - current	1,664,510	1,726,695
Total current assets	33,211,329	31,809,973
Property and equipment, net	13,284,948	12,827,198
Intangible assets, net	419,990	340,807
Deferred income taxes - noncurrent		161,063
Other assets, net	396,536	275,858
Total assets	47,312,803	45,414,899
Current liabilities:
Current installments of long-term debt	267,084	258,628
Accounts payable and accrued expenses	4,445,561	3,267,812
Accrued compensation and payroll taxes	2,086,945	1,297,591
Total current liabilities	6,799,590	4,824,031
Note payable to bank	3,000,000	2,500,000
Long-term debt, excluding current installments	7,294,977	7,497,042
Deferred income taxes - noncurrent	166,451	83,158
Other noncurrent liabilities	660,595	950,952
Total liabilities	17,921,613	15,855,183
Shareholders’ equity:
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding	0	0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 6,909,059 shares at July 31, 2014 and 6,570,734 shares at October 31, 2013	9,296,972	8,679,435
Retained earnings	20,791,950	21,519,238
Total shareholders’ equity attributable to Optical Cable Corporation	30,088,922	30,198,673
Noncontrolling interest	(697,732)	(638,957)
Total shareholders’ equity	29,391,190	29,559,716
Total liabilities and shareholders’ equity	$ 47,312,803	$ 45,414,899