XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2013
Jul. 31, 2012
Condensed Consolidated Statements Of Loss Income        
NET SALES $ 18,351,802 $ 18,462,810 $ 52,742,150 $ 53,257,576
COST OF GOODS SOLD 8,378,042 8,497,374 25,298,329 25,849,125
GROSS PROFIT 9,973,760 9,965,436 27,443,821 27,408,451
OPERATING EXPENSES:        
Selling, general and administrative expenses 7,667,883 7,877,903 24,094,460 23,114,088
Advertising expenses 207,937 339,841 605,418 978,107
Amortization 239,510 229,011 725,291 698,163
Gain on disposal of property and equipment (11,372) (6,665) (22,448) (65,773)
TOTAL OPERATING EXPENSES 8,103,958 8,440,090 25,402,721 24,724,585
INCOME FROM OPERATIONS 1,869,802 1,525,346 2,041,100 2,683,866
OTHER EXPENSE (INCOME):        
Interest expense 384,871 548,633 1,488,024 1,643,949
(Gain) on derivatives    4,119 (16,505) (3,973)
TOTAL OTHER EXPENSE, NET 384,871 552,752 1,471,519 1,639,976
INCOME BEFORE INCOME TAX EXPENSE 1,484,931 972,594 569,581 1,043,890
INCOME TAX EXPENSE 600,643 377,926 242,192 408,683
NET INCOME $ 884,288 $ 594,668 $ 327,389 $ 635,207
NET INCOME PER SHARE - BASIC $ 0.04 $ 0.03 $ 0.02 $ 0.03
NET INCOME PER SHARE - DILUTED $ 0.04 $ 0.03 $ 0.02 $ 0.03
WEIGHTED AVERAGE SHARES USED IN COMPUTATION - BASIC 21,368,218 21,386,297 21,373,946 21,387,881
WEIGHTED AVERAGE SHARES USED IN COMPUTATION - DILUTED 21,368,218 21,386,297 21,373,946 21,387,881