XML 46 R20.htm IDEA: XBRL DOCUMENT v2.4.1.9
Industry Segment Information (Tables)
3 Months Ended
Jan. 31, 2015
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:
2015 Quarter 1
 
Printing
 
Office Products & Furniture
 
Total
 
        
Revenues
 
$
 9,916,899 
$
 6,212,973 
$
 16,129,872 
Elimination of intersegment revenue
   (528,377
)
  (801,235
)
  (1,329,612
)
Consolidated revenues
 
$
 9,388,522 
$
 5,411,738 
$
 14,800,260 
           
Operating (loss)
   (93,197)   (110,743)   (203,940)
Depreciation & amortization
   379,643   22,359   402,002 
Capital expenditures
   377,301   70,194   447,495 
Identifiable assets
  16,633,275   6,805,334  23,438,609 
Goodwill
  -   1,230,485   1,230,485 

2014 Quarter 1
 
Printing
 
Office Products & Furniture
 
Total
 
        
Revenues
 
$
9,847,054
 
$
6,890,038
 
$
16,737,092
 
Elimination of intersegment revenue
  
(488,446
)
 
(825,948
)
 
(1,314,394
)
Consolidated revenues
 
$
9,358,608
 
$
6,064,090
 
$
15,422,698
 
           
Operating (loss)
  
(287,061
)
 
(73,091
) 
(360,152
)
Depreciation & amortization
  
494,712
  
26,360
  
521,072
 
Capital expenditures
  
123,979
  
5,655
  
129,634
 
Identifiable assets
  
17,151,052
  
7,359,173
  
24,510,225
 
Goodwill
  
-
  
1,230,485
  
1,230,485
 
Reconciliation of total segment revenue, assets and operating (loss) income
A reconciliation of total segment revenue, assets and operating (loss) to consolidated (loss) before income taxes for the three months ended January 31, 2015 and 2014 is as follows:
 
  
Three months ended January 31,
 
    2015    2014 
Revenues:
        
Total segment revenues
 
$
 16,129,872  
$
16,737,092
 
Elimination of intersegment revenue
   (1,329,612
)
  
(1,314,394
)
Consolidated revenue
 
$
 14,800,260  
$
15,422,698
 
         
Operating (loss):
        
Total segment operating (loss)
 
$
 (203,940)  
$
(360,152
)
Interest expense - related party
   (20,764
)
  
(20,764
)
Interest expense
   (263,977
)
  
(263,761
)
Other income
   20,863   
14,494
 
Consolidated (loss) before income taxes
 
$
 (467,818
)
 
$
(630,183
)
         
Identifiable assets:
        
Total segment identifiable assets
 
$
23,438,609  
$
24,510,225
 
Elimination of intersegment assets and assets held for sale
  
256,832
   
461,443
 
Total consolidated assets
 
$
23,695,441  
$
24,971,668