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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2016
Oct. 31, 2015
Current Assets:    
Cash $ 5,772 $ 6,553
Accounts receivable, net of allowance for doubtful accounts of $99 and $117, respectively 6,499 7,416
Inventories, net of obsolescence reserve of $218 and $288, respectively 7,017 6,759
Prepaid expenses and other current assets 603 988
Total current assets 19,891 21,716
Property and equipment, net of accumulated depreciation of $4,704 and $4,431, respectively 2,746 2,894
Intangible assets, net 4,441 4,305
Goodwill 3,378 3,324
Deferred income taxes 2,928 3,342
Other non-current assets 9 7
Total Assets 33,393 35,588
Current Liabilities:    
Accounts payable 2,345 2,617
Employee compensation 1,541 1,854
Deferred income 3,772 3,608
Current portion of long-term debt 785
Other current liabilities and accrued expenses 950 1,493
Total current liabilities 8,608 10,357
Long-term liabilities:    
Long-term debt, less current portion 2,158
Long-term deferred income and other 3,963 3,146
Total Liabilities 12,571 15,661
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.10 par value, authorized 25,000,000 shares, 4,379,078 and 4,324,379 shares issued and 4,336,581 and 4,274,386 shares outstanding in 2016 and 2015, respectively 433 427
Undesignated shares, authorized 5,000,000 shares, no shares issued and outstanding
Additional paid-in capital 24,715 24,118
Accumulated deficit (4,054) (4,355)
Accumulated other comprehensive loss (272) (263)
Total Shareholders' Equity 20,822 19,927
Total Liabilities and Shareholders' Equity $ 33,393 $ 35,588