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Consolidated Balance Sheets (USD $)
Oct. 31, 2011
Oct. 31, 2010
Current assets:    
Accounts receivable, net of allowance of $933,000 and $1,297,000 $ 18,779,592 $ 18,133,748
Inventories 8,897,726 9,690,333
Income tax refund 9,293 36,293
Other current assets 572,102 652,178
Deferred income tax assets 864,108 1,363,195
Total current assets 29,122,821 29,875,747
Property and equipment, at cost:    
Land 1,881,839 2,016,148
Buildings and improvements 11,876,675 11,843,376
Machinery and equipment 55,148,156 55,025,237
Furniture and fixtures 4,248,530 4,171,194
Vehicles 3,206,318 3,266,898
Property and equipment, gross 76,361,518 76,322,853
Less accumulated depreciation (56,605,876) (53,949,280)
Property and equipment, net 19,755,642 22,373,573
Goodwill 12,968,255 15,332,283
Deferred financing costs 830,323 1,267,174
Other intangibles, net of accumulated amortization 4,778,052 5,195,361
Trademark and masthead 3,648,972 10,001,812
Deferred tax asset, net of current portion 10,894,159 8,370,151
Other assets 26,058 36,561
Total noncurrent assets 33,145,819 40,203,342
Total assets 82,024,282 92,452,662
Current liabilities:    
Line of credit 9,725,496 0
Negative book cash balances 1,153,931 1,013,713
Accounts payable 5,331,327 4,116,087
Deferred revenue 737,748 720,549
Accrued payroll and commissions 1,738,582 2,115,922
Taxes accrued and withheld 1,195,899 1,125,726
Accrued expenses 2,149,295 2,477,017
Notes payable 38,629,011 5,484,842
Total current liabilities 60,661,289 17,053,856
Long-term debt, net of current portion:    
Line of credit 0 10,425,496
Notes payable - related party 0 3,000,000
Notes payable 430,997 38,873,500
Other liabilities 3,750 5,550
Total liabilities 61,096,036 69,358,402
Commitments and contingencies-See Note 7      
Shareholders' equity:    
Common stock, $1 par value, 20,000,000 shares authorized;11,299,528 and 9,987,913 shares issued and outstanding 11,299,528 9,987,913
Additional paid-in capital 23,267,024 22,768,610
Retained deficit (13,638,306) (9,662,263)
Total shareholders' equity 20,928,246 23,094,260
Total liabilities and shareholders' equity $ 82,024,282 $ 92,452,662