Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Current Assets:
Cash and cash equivalents	$ 6,553	$ 5,675
Accounts receivable, net of allowance for doubtful accounts of $117 and $228, respectively	7,416	7,068
Inventories, net of obsolescence reserve of $228 and $387, respectively	6,759	5,548
Prepaid expenses and other current assets	988	2,425	[1]
Total current assets	21,716	20,716
Property and equipment, net of accumulated depreciation of $4,431 and $4,180, respectively	2,894	3,469
Intangible assets, net	4,305	4,375
Goodwill	3,324	3,810
Deferred income taxes	3,342
Other non-current assets	7	14
Total Assets	35,588	32,384
Current Liabilities:
Accounts payable	2,617	3,161
Employee compensation	1,854	1,664
Deferred income	3,608	3,804
Current portion of long-term debt	785	786
Other current liabilities and accrued expenses	1,493	1,416
Total current liabilities	10,357	10,831
Long-term liabilities:
Long-term debt, less current portion	2,158	2,947
Deferred income taxes		347
Long-term deferred income and other	3,146	2,814
Total Liabilities	$ 15,661	$ 16,939
Commitments and Contingencies
Shareholders' Equity:
Common stock, $0.10 par value, authorized 25,000,000 shares, 4,324,379 and 4,255,593 shares issued and 4,274,386 and 4,198,558 shares outstanding in 2015 and 2014, respectively	$ 427	$ 420
Undesignated shares, authorized 5,000,000 shares, no shares issued and outstanding
Additional paid-in capital	$ 24,118	$ 23,470
Accumulated deficit	(4,355)	(8,331)
Accumulated other comprehensive loss	(263)	(114)
Total Shareholders' Equity	19,927	15,445
Total Liabilities and Shareholders' Equity	$ 35,588	$ 32,384

[1] The Balance Sheet amount was also affected by the reclassification of deferred financing fees.