Industry Segment Information (Tables)

3 Months Ended

Jan. 31, 2013

Industry Segment Information [Abstract]

Schedule of segment reporting information, by segment

The table below presents information about reported segments for the three months ended January 31:

2013 Quarter 1	Printing			Office Products & Furniture			Newspaper		Total
Revenues from continuing operations	$	12,737,070		$	8,448,257		$	3,552,242	$	24,737,569
Elimination of intersegment revenue		(888,031	)		(1,239,238	)		-		(2,127,269	)
Consolidated revenues from continuing operations	$	11,849,039		$	7,209,019		$	3,552,242	$	22,610,300
Operating (loss) income from continuing operations		(2,445,258	)		210,920			534,399		(1,699,939	)
Depreciation & amortization		506,285			33,851			254,390		794,526
Capital expenditures		72,117			1,483			-		73,600
Identifiable assets		24,488,055			6,383,019			12,061,256		42,932,330
Goodwill		-			1,230,485			-		1,230,485

2012 Quarter 1	Printing			Office Products & Furniture			Newspaper		Total
Revenues from continuing operations	$	15,650,046		$	9,791,947		$	3,873,046	$	29,315,039
Elimination of intersegment revenue		(1,188,041	)		(1,601,347	)		-		(2,789,388	)
Consolidated revenues from continuing operations	$	14,462,005		$	8,190,600		$	3,873,046	$	26,525,651
Operating income (loss) from continuing operations		(610,710	)		552,566			702,890		644,746
Depreciation & amortization		625,633			33,851			286,222		945,706
Capital expenditures		186,611			18,048			12,633		217,292
Identifiable assets		30,803,559			6,900,578			24,424,208		62,128,345
Goodwill		2,226,837			1,230,485			9,510,933		12,968,255

Reconciliation of total segment revenue, assets and operating (loss) income

A reconciliation of total segment revenues and of total segment operating (loss) to consolidated (loss) before income taxes, for the three months ended January 31, 2013 and 2012, is as follows:

	Three months ended January 31,
		2013			2012
Revenues:
Total segment revenues from continuing operations	$	24,737,569		$	29,315,039
Elimination of intersegment revenue		(2,127,269	)		(2,789,388	)
Consolidated revenue from continuing operations	$	22,610,300		$	26,525,651
Operating (loss) income:
Total segment operating (loss) income from continuing operations	$	(1,699,939	)	$	644,746
Interest expense - related party		(20,764	)		(6,139	)
Interest expense		(1,539,542	)		(792,396	)
Other income		9,623			4,131
Consolidated (loss) before income taxes from continuing operations	$	(3,250,622	)	$	(149,658	)
Identifiable assets:
Total segment identifiable assets	$	42,932,330		$	62,128,345
Assets not allocated to a segment		883,512			17,923,160
Total consolidated assets	$	43,815,842		$	80,051,505