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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Oct. 31, 2012
Oct. 31, 2011
ASSETS:    
Cash and cash equivalents $ 3,071,277 $ 5,378,575
Accounts receivable, trade - net of reserve of $447,302 and $543,528 for 2012 and 2011, respectively 7,950,067 7,801,811
Inventories - net 2,629,665 2,673,827
Current portion of deferred tax asset 421,679 570,142
Other current assets 1,387,288 1,134,658
TOTAL CURRENT ASSETS 15,459,976 17,559,013
PROPERTY AND EQUIPMENT - net 8,127,582 8,174,096
OTHER ASSETS:    
Goodwill 12,156,790 32,123,294
Other intangible assets - net 2,312,433 2,788,408
Other assets 39,000 39,000
TOTAL OTHER ASSETS 14,508,223 34,950,702
TOTAL ASSETS 38,095,781 60,683,811
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long term debt 3,815,103 2,714,000
Accounts payable 1,709,506 2,598,627
Accrued expenses 2,254,994 2,800,751
Current portion of customer deposits 650,540 662,704
Current portion of unrealized loss on derivatives 127,180 142,558
TOTAL CURRENT LIABILITIES 8,557,323 8,918,640
Long term debt, less current portion 7,251,000 9,465,000
Deferred tax liability 4,506,148 4,408,593
Subordinated debt 11,500,000 13,000,000
Customer deposits 2,487,123 2,515,772
Long term portion of unrealized loss on derivatives 0 265,645
TOTAL LIABILITIES 34,301,594 38,573,650
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY:    
Common stock - $.001 par value, 50,000,000 authorized shares, 21,960,229 issued and 21,380,731 outstanding shares as of October 31, 2012 and 21,960,229 issued and 21,388,681 21,960 21,960
Additional paid in capital 58,462,497 58,462,497
Treasury stock, at cost, 579,498 shares as of October 31, 2012 and 571,548 shares as of October 31, 2011 (878,560) (870,391)
Accumulated deficit (53,735,401) (35,257,887)
Accumulated other comprehensive loss, net of tax (76,309) (246,018)
TOTAL STOCKHOLDERS' EQUITY 3,794,187 22,110,161
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 38,095,781 $ 60,683,811