Quarterly Information

12 Months Ended

Oct. 31, 2011

14.	Quarterly Information (in thousands except per share data):

Fiscal 2011 (unaudited)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter

Net revenue	$	19,477	$	19,816	$	21,017	$	22,053
Gross margin		14,185		14,439		15,217		16,179
Operating income		2,376		2,801		3,026		4,159
Net income	$	1,798	$	1,961	$	1,987	$	2,715

Basic earnings per share:	$	0.16	$	0.17	$	0.17	$	0.24

Diluted earnings per share:	$	0.16	$	0.17	$	0.17	$	0.24

Fiscal 2010 (unaudited)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net revenue	$	15,212	$	17,600	$	17,637	$	18,116
Gross margin		10,852		12,862		12,736		13,090
Operating income		920		1,878		2,297		2,240
Net income	$	643	$	1,245	$	1,508	$	1,480

Basic earnings per share:	$	0.06	$	0.11	$	0.13	$	0.13

Diluted earnings per share:	$	0.06	$	0.11	$	0.13	$	0.13

Quarterly calculations of net earnings per share are made independently during the fiscal year.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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