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Equity Matters (Tables)
3 Months Ended
Jan. 31, 2016
Equity [Abstract]  
Schedule of stock option activity
Company’s Incentive Plan activity for the three months ended January 31, 2016 and 2015:    
 
 
Options
 
Restricted Stock Awards
Outstanding at:
Options
 
Weighted Average Exercise Price
 
Restricted Shares
 
Weighted Average Grant Date Fair Value
 
 
 
 
 
 
 
 
 
 
 
November 1, 2014
 
123,333

 
$9.69
 
116,882

 
$16.81
Options exercised or restricted stock vested
 
(6,000
)
 
$8.67
 
(15,000
)
 
$20.64
Forfeited or expired
 

 

 
(3,000
)
 
$20.64
January 31, 2015
 
117,333

 
$9.74
 
98,882

 
$16.11
 
 
 
 
 
 
 
 
 
November 1, 2015
 
90,666

 
$9.70
 
124,255

 
$13.77
Granted
 

 

 
32,394

 
$5.22
Options exercised or restricted stock vested
 

 

 
(15,564
)
 
$19.36
January 31, 2016
 
90,666

 
$9.70
 
141,085

 
$11.19
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,
 
2016
 
2015
Net income (loss) available to common stockholders
$
(5,059
)
 
$
2,443

Basic weighted average shares
17,342

 
17,215

Effect of dilutive securities:
 
 
 
Stock options

 
40

Diluted weighted average shares
17,342

 
17,255

Basic income (loss) per share
$
(0.29
)
 
$
0.14

Diluted income (loss) per share
$
(0.29
)
 
$
0.14