18. INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2016

Income Tax Disclosure [Abstract]

Composition of income tax (benefit) expense

	2016		2015
Current:
Federal	$	374,551	$	(79,333	)
State		84,270		138
Total current	$	458,821	$	(79,195	)
Deferred:
Federal	$	216,202	$	(5,411	)
State		29,095		(174,270	)
Total deferred		245,297		(179,681	)
Total income tax expense (benefit)	$	704,118	$	(258,876	)

Deferred tax assets (liabilities)

	2016			2015
Deferred tax assets:
Allowance for doubtful accounts	$	102,110		$	116,333
Accrued compensation		217,064			212,284
Accruals and reserves		269,868			126,192
Charitable contributions		14,064			79,903
Interest rate swaps		12,981			3,565
Subpart F Income		9,595			-
State credits and NOLs		66,691			68,383
Total deferred tax assets		692,373			606,660
Deferred tax liabilities:
Depreciation		(1,711,018	)		(1,715,035	)
Amortization		(2,761,082	)		(2,435,471	)
Total deferred tax liabilities		(4,472,100	)		(4,150,506	)
Net deferred tax liability	$	(3,779,727	)	$	(3,543,846	)

Income tax expense (benefit) reconciliation

	2016			2015
Income tax (benefit) expense computed at the statutory rate		648,022		$	(300,028	)
State income taxes (benefit) expense, net of federal benefit		70,354			(29,615	)
Subpart F income		-			85,975
Meals and entertainment		28,592			33,738
Other differences		(42,850	)		(48,946	)
Income tax expense (benefit)	$	704,118		$	(258,876	)