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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2017
Oct. 31, 2016
Current Assets:    
Cash $ 6,571 $ 7,265
Accounts receivable, net of allowance for doubtful accounts of $177 and $92, respectively 6,909 8,286
Inventories, net of obsolescence reserve of $1,279 and $1,281, respectively 4,995 4,916
Prepaid expenses and other current assets 554 586
Total current assets 19,029 21,053
Property and equipment, net of accumulated depreciation of $5,152 and $4,754, respectively 2,599 2,632
Intangible assets, net 4,547 4,211
Deferred income taxes 1,960 2,643
Other non-current assets 9 139
Total Assets 28,144 30,678
Current Liabilities:    
Line of Credit 153
Accounts payable 2,316 2,876
Employee compensation 1,591 1,550
Deferred income 4,192 4,007
Other current liabilities and accrued expenses 1,133 948
Total current liabilities 9,385 9,381
Long-term liabilities:    
Long-term deferred income and other 4,183 4,374
Total Liabilities 13,568 13,755
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.10 par value, authorized 25,000,000 shares, 4,438,634 and 4,378,811 shares issued and 4,409,088 and 4,337,314 shares outstanding in 2017 and 2016, respectively 441 434
Undesignated shares, authorized 5,000,000 shares, no shares issued and outstanding
Additional paid-in capital 22,380 24,859
Accumulated deficit (7,635) (8,129)
Accumulated other comprehensive loss (610) (241)
Total Shareholders' Equity 14,576 16,923
Total Liabilities and Shareholders' Equity $ 28,144 $ 30,678