XML 34 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Cash Flow From Operating Activities      
Net income (loss) $ 543,017 $ 1,683,521 $ (11,329,434)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 5,490,240 5,578,053 5,645,311
Amortization of loan costs included with interest expense     22,143
Write off of loan costs     444,985
Lower of cost or market adjustment 1,591,810 903,695 5,408,840
Unrealized losses on derivative instruments   193,590  
Gain on disposal of assets     (38,301)
Non-cash settlement income   (500,000)  
Change in operating assets and liabilities:      
Restricted cash 205,212 (231,580) 1,021,767
Accounts receivable 3,639,009 (577,528) (1,071,625)
Inventory 6,857,746 (5,981,727) 4,529,174
Derivative instruments (107,271) (92,202) 750,172
Prepaid expenses and other (936,192) (59,135) 406,505
Accounts payable (993,412) 621,970 (3,247,499)
Accrued expenses (454,026) 314,735 53,771
Lower of cost or market accrued expense (1,577,856) (2,055,662) (10,929,853)
Net cash provided by (used in) operating activities 14,258,277 (202,270) (8,334,044)
Cash Flows from Investing Activities      
Proceeds from sale of assets     177,516
Payments for restricted certificates of deposit (250,000) (400,000)  
Capital expenditures (4,243,171) (119,047) (349,521)
Payment for other intangibles     (59,835)
Net cash used in investing activities (4,493,171) (519,047) (231,840)
Cash Flows from Financing Activities      
Checks written in excess of bank balance (913,492) 913,492  
Proceeds from (payments on) line of credit, net (3,500,000) (1,500,000) 5,000,000
Payments on long-term debt (4,219,512) (5,100,700) (4,992,343)
Proceeds from note payable 737,750    
Debt service deposits     (26,850)
Release of restricted cash 336,408 322,808 414,076
Issuance of member units 3,500,000 4,500,001  
Cost of raising capital (90,005) (75,040)  
Noncontrolling interest investment 1,000    
Net cash provided by (used in) financing activities (4,147,851) (939,439) 394,883
Net Increase (Decrease) in cash and equivalents 5,617,255 (1,660,756) (8,171,001)
Cash and Equivalents - Beginning of period 1,523,318 3,184,074 11,355,075
Cash and Equivalents - End of period 7,140,573 1,523,318 3,184,074
Supplemental Disclosure of Cash Flow Information      
Interest expense paid 3,377,199 3,660,433 4,040,240
Supplemental Disclosure of Non-Cash Activities      
Release of retainage payable as part of legal settlement   3,834,319  
Fair value of equipment received as part of settlement income   $ 500,000