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Statements of Income (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2014
Jul. 31, 2013
Net sales:        
Equipment $ 5,287,654 $ 2,664,441 $ 10,786,076 $ 8,466,872
Parts and service 770,963 500,057 2,004,665 1,525,079
Total net sales 6,058,617 3,164,498 12,790,741 9,991,951
Cost of sales 4,644,763 2,662,221 10,153,153 8,280,272
Gross profit 1,413,854 502,277 2,637,588 1,711,679
Operating expense:        
Selling expense 215,744 221,505 725,802 720,524
Administrative expense 359,612 233,369 921,375 732,257
Total operating expense 575,356 454,874 1,647,177 1,452,781
Operating income 838,498 47,403 990,411 258,898
Other income (expense):        
Interest income 843 171 5,743 741
Interest expense (8,975)    (26,662) (3,604)
Total other income (expense) (8,132) 171 (20,919) (2,863)
Income before income taxes 830,366 47,574 969,492 256,035
Income tax provision 289,000 18,000 340,000 97,500
Net income $ 541,366 $ 29,574 $ 629,492 $ 158,535
Income (loss) per share, basic and diluted $ 0.10 $ 0.01 $ 0.12 $ 0.03
Weighted average number of shares outstanding 5,183,895 5,183,895 5,183,895 5,183,895