XML 43 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Oct. 31, 2012
Cash flows from operating activities:      
Net (loss) income $ (1,131,634)us-gaap_NetIncomeLoss $ 5,714,394us-gaap_NetIncomeLoss $ (23,317,775)us-gaap_NetIncomeLoss [1]
Net income (loss) from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 82,942us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (8,712,624)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity [1]
Net (loss) income from continuing operations (1,131,634)us-gaap_IncomeLossFromContinuingOperations 5,631,452us-gaap_IncomeLossFromContinuingOperations (14,605,151)us-gaap_IncomeLossFromContinuingOperations [1]
Adjustments to reconcile net (loss) income to cash provided by operating activities:      
Depreciation and amortization 1,930,507us-gaap_DepreciationDepletionAndAmortization 2,169,014us-gaap_DepreciationDepletionAndAmortization 2,562,702us-gaap_DepreciationDepletionAndAmortization [1]
(Gain) loss on sale of assets (246,794)us-gaap_GainLossOnDispositionOfAssets 33,569us-gaap_GainLossOnDispositionOfAssets 51,506us-gaap_GainLossOnDispositionOfAssets [1]
Allowance for doubtful accounts (64,406)us-gaap_ProvisionForDoubtfulAccounts 143,989us-gaap_ProvisionForDoubtfulAccounts 646,670us-gaap_ProvisionForDoubtfulAccounts [1]
Gain on debt foregivness 0chmp_GainsLossesOnDebtRefinancing (11,118,069)chmp_GainsLossesOnDebtRefinancing 0chmp_GainsLossesOnDebtRefinancing [1]
Deferred financing costs / debt discount 495,578us-gaap_AmortizationOfFinancingCosts 1,645,201us-gaap_AmortizationOfFinancingCosts 571,790us-gaap_AmortizationOfFinancingCosts [1]
Accrued deferred fee 0chmp_AccruedDeferredFee 986,641chmp_AccruedDeferredFee 0chmp_AccruedDeferredFee [1]
Deferred income tax 0us-gaap_DeferredIncomeTaxExpenseBenefit 0us-gaap_DeferredIncomeTaxExpenseBenefit 11,758,267us-gaap_DeferredIncomeTaxExpenseBenefit [1]
Restructuring charges 0us-gaap_RestructuringAndRelatedCostIncurredCost 43,848us-gaap_RestructuringAndRelatedCostIncurredCost 48,038us-gaap_RestructuringAndRelatedCostIncurredCost [1]
Goodwill impairment 0us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill 2,226,837us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill 0us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill [1]
Asset impairment 0us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges 309,134us-gaap_AssetImpairmentCharges [1]
Changes in assets and liabilities:      
Accounts receivable 164,502us-gaap_IncreaseDecreaseInAccountsReceivable 472,747us-gaap_IncreaseDecreaseInAccountsReceivable 2,259,635us-gaap_IncreaseDecreaseInAccountsReceivable [1]
Inventories 914,587us-gaap_IncreaseDecreaseInInventories 880,224us-gaap_IncreaseDecreaseInInventories 1,190,754us-gaap_IncreaseDecreaseInInventories [1]
Other current assets 197,134us-gaap_IncreaseDecreaseInOtherCurrentAssets (53,338)us-gaap_IncreaseDecreaseInOtherCurrentAssets 230,995us-gaap_IncreaseDecreaseInOtherCurrentAssets [1]
Accounts payable (2,406,899)us-gaap_IncreaseDecreaseInAccountsPayable 3,758,141us-gaap_IncreaseDecreaseInAccountsPayable (540,216)us-gaap_IncreaseDecreaseInAccountsPayable [1]
Accrued payroll and commissions (184,109)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (256,189)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (138,955)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities [1]
Taxes accrued and withheld (79,492)us-gaap_IncreaseDecreaseInPropertyAndOtherTaxesPayable (88,311)us-gaap_IncreaseDecreaseInPropertyAndOtherTaxesPayable (113,071)us-gaap_IncreaseDecreaseInPropertyAndOtherTaxesPayable [1]
Accrued income taxes 0us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 0us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 9,293us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable [1]
Accrued expenses (231,057)us-gaap_IncreaseDecreaseInAccruedLiabilities (478,818)us-gaap_IncreaseDecreaseInAccruedLiabilities (441,113)us-gaap_IncreaseDecreaseInAccruedLiabilities [1]
Other liabilities (150)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,800)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,800)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities [1]
Net cash (used in) provided by operating activities continuing operations (642,233)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 5,995,138us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 3,798,478us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations [1]
Net cash provided by operating activities discontinued operations 123,916us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations 371,183us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations 4,212,636us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations [1]
Net cash (used in) provided by operating activities (518,317)us-gaap_NetCashProvidedByUsedInOperatingActivities 6,366,321us-gaap_NetCashProvidedByUsedInOperatingActivities 8,011,114us-gaap_NetCashProvidedByUsedInOperatingActivities [1]
Cash flows from investing activities:      
Purchase of property and equipment (761,367)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (544,643)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (697,196)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment [1]
Proceeds from sale of fixed assets 502,829us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 170,348us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 306,548us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment [1]
Proceeds from assets held for sale 0us-gaap_ProceedsFromSaleOfPropertyHeldForSale 816,667us-gaap_ProceedsFromSaleOfPropertyHeldForSale 0us-gaap_ProceedsFromSaleOfPropertyHeldForSale [1]
Change in other assets (5,807)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 13,584us-gaap_PaymentsForProceedsFromOtherInvestingActivities (52,810)us-gaap_PaymentsForProceedsFromOtherInvestingActivities [1]
Net cash (used in) provided by investing activities continuing operations (264,345)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 455,956us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (443,458)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations [1]
Net cash provided by investing activities discontinued operations 0us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 11,001,864us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 3,622,023us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations [1]
Net cash provided by (used in) investing activities (264,345)us-gaap_NetCashProvidedByUsedInInvestingActivities 11,457,820us-gaap_NetCashProvidedByUsedInInvestingActivities 3,178,565us-gaap_NetCashProvidedByUsedInInvestingActivities [1]
Cash flows from financing activities:      
Borrowings on line of credit 0us-gaap_ProceedsFromLongTermLinesOfCredit 20,465,448us-gaap_ProceedsFromLongTermLinesOfCredit 17,777,004us-gaap_ProceedsFromLongTermLinesOfCredit [1]
Payments on line of credit 0us-gaap_RepaymentsOfLongTermLinesOfCredit (20,157,278)us-gaap_RepaymentsOfLongTermLinesOfCredit (17,777,004)us-gaap_RepaymentsOfLongTermLinesOfCredit [1]
Proceeds from term debt 2,537,042us-gaap_ProceedsFromIssuanceOfLongTermDebt 393,497us-gaap_ProceedsFromIssuanceOfLongTermDebt 996,459us-gaap_ProceedsFromIssuanceOfLongTermDebt [1]
Principal payments on term debt (2,364,484)us-gaap_RepaymentsOfLongTermDebt (7,660,466)us-gaap_RepaymentsOfLongTermDebt (4,973,837)us-gaap_RepaymentsOfLongTermDebt [1]
Financing costs incurred 0us-gaap_PaymentsOfDebtIssuanceCosts (229,189)us-gaap_PaymentsOfDebtIssuanceCosts (341,531)us-gaap_PaymentsOfDebtIssuanceCosts [1]
Change in negative book cash 0us-gaap_IncreaseDecreaseInBookOverdrafts 0us-gaap_IncreaseDecreaseInBookOverdrafts (1,153,931)us-gaap_IncreaseDecreaseInBookOverdrafts [1]
Forbearance fees 0chmp_DebtInstrumentForbearanceFee 0chmp_DebtInstrumentForbearanceFee (122,042)chmp_DebtInstrumentForbearanceFee [1]
Net cash provided by (used in) financing activities continuing operations 172,558us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (7,187,988)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (5,594,882)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations [1]
Net cash used in financing activities discontinued operations 0us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations (11,052,408)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations (3,750,000)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations [1]
Net cash (used in) provided by financing activities 172,558us-gaap_NetCashProvidedByUsedInFinancingActivities (18,240,396)us-gaap_NetCashProvidedByUsedInFinancingActivities (9,344,882)us-gaap_NetCashProvidedByUsedInFinancingActivities [1]
Net (decrease) increase in cash and cash equivalents (610,104)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (416,255)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,844,797us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1]
Cash and cash equivalents at beginning of year 1,428,542us-gaap_CashAndCashEquivalentsAtCarryingValue 1,844,797us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 0us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Cash and cash equivalents at end of year $ 818,438us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,428,542us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,844,797us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
[1] Restated