Note 9 - Segment Information and Business and Credit Concentrations

9 Months Ended

Jul. 31, 2018

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

( 9 ) Segment Information and Business and Credit Concentrations

The Company provides credit, in the normal course of business, to various commercial enterprises, governmental entities and

not

-for-profit organizations. Concentration of credit risk with respect to trade receivables is normally limited due to the Company’s large number of customers; however, at

July 31, 2018,

27.8%

of the Company’s trade accounts receivable is from

one

customer. The Company also manages exposure to credit risk through credit approvals, credit limits and monitoring procedures. Management believes that credit risks as of

July 31, 2018

have been adequately provided for in the condensed consolidated financial statements.

For the

three

months ended

July 31, 2018,

10.2%

and

35.5%

of consolidated net sales were attributable to

two

customers. For the

nine

months ended

July 31, 2018,

36.7%

of consolidated net sales were attributable to

one

customer. For the

three

months and

nine

months ended

July 31, 2017,

15.8%

and

16.3%,

respectively, of consolidated net sales were attributable to

one

customer.

The Company has a

single

reportable segment for purposes of segment reporting.