Accounts Receivable

12 Months Ended

Oct. 31, 2015

Accounts Receivable [Abstract]

Accounts Receivable [Text Block]

—Accounts Receivable

Accounts receivable are expected to be collected within one year and are net of an allowance for doubtful accounts in the amount of $821 and $601 at October 31, 2015 and 2014, respectively. The Company recognized net bad debt expense of $210, $153 and $98 during fiscal 2015, 2014, and 2013, respectively, in the consolidated statements of income.

The Company continually monitors its exposure with its customers and additional consideration is given to individual accounts in light of the market conditions in the automotive industry.