Number of

stock options

Weighted average exercise price

Weighted average remaining contractual term (in years)

Aggregate

intrinsic

value

Stock options outstanding at November 1, 2010

1,478,000

$1.40

Stock options granted in fiscal year 2011

80,000

$3.73

Stock options exercised in fiscal year 2011

(70,000)

$ .53

Stock options forfeited and expired in fiscal year 2011

(82,500)

$2.97

Outstanding at October 31, 2011

1,405,500

$1.49

Stock options granted in fiscal year 2012

95,000

$4.59

Stock options exercised in fiscal year 2012

(18,000)

$ .55

Stock options forfeited in fiscal year 2012

(141,000)

$2.13

Stock options outstanding at October 31, 2012

1,341,500

$1.63

4.1

$2,189,000

Stock options exercisable at October 31, 2012

1,028,200

$ .96

2.8

$ 984,000