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Equity Matters (Tables)
3 Months Ended
Jan. 31, 2014
Equity [Abstract]  
Schedule of stock option activity
Activity in the Company’s stock option plan for the three months ended January 31, 2014 and 2013 was as follows:

        
 
Number of
Shares
 
Weighted
Average
Exercise Price
Per Share
 
Weighted Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Options outstanding at November 1, 2012
362,085

 
$9.99
 
 
 
 
Options:
 
 
 
 
 
 
 
Granted

 
$0.00
 
 
 
 
Exercised
(13,667
)
 
$5.58
 
 
 
 
Canceled
(6,500
)
 
$7.45
 
 
 
 
Outstanding at January 31, 2013
341,918

 
$10.21
 
6.54
 
$734
Options exercisable at January 31, 2013
267,585

 
$10.20
 
6.09
 
$621
 
 
 
 
 
 
 
 
Options outstanding at November 1, 2013
236,134

 
$9.93
 
 
 
 
Options:
 
 
 
 
 
 
 
Granted

 
$0.00
 
 
 
 
Exercised
(33,468
)
 
$9.18
 
 
 
 
Canceled
(8,333
)
 
$8.10
 
 
 
 
Outstanding at January 31, 2014
194,333

 
$10.13
 
5.68
 
$962
Options exercisable at January 31, 2014
184,666

 
$10.24
 
5.56
 
$894
Reconciliation of the numerator and denominator of earnings per share
The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for net income per share: 
        
(Shares in thousands)
Three Months Ended January 31,
 
2014
 
2013
Net income available to common stockholders
$
4,939

 
$
2,583

Basic weighted average shares
17,113

 
16,988

Effect of dilutive securities:
 
 
 
Stock options
95

 
52

Diluted weighted average shares
17,208

 
17,040

Basic income per share
$
0.29

 
$
0.15

Diluted income per share
$
0.29

 
$
0.15