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Equity Matters (Tables)
 3 Months Ended
Jan. 31, 2017
Equity [Abstract]  
Schedule of share based compensation activity
Company’s Incentive Plan activity for the three months ended January 31, 2017 and 2016:    
 
 
 
Stock Options
 
Restricted Stock
 
Restricted Stock Units
 
Outstanding at:
 
Options
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life
 
Restricted Shares
 
20 Day EMA (1)
 
Weighted Average Remaining Contractual Life
 
Restricted Share Units
 
20 Day EMA (1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
November 1, 2015
 
90,666

 
$9.70
 
4.10
 
124,255

 
$13.77
 
2.28
 
—

 
—

 
Granted
 
—

 
—

 
 
 
32,394

 
$5.22
 
 
 
—

 
—

 
Options exercised or restricted stock vested
 
—

 
—

 
 
 
(15,564
)
 
$19.36
 
 
 
—

 
—

 
Forfeited or expired
 
—

 
—

 
 
 
—

 
—

 
 
 
—

 
—

 
January 31, 2016
 
90,666

 
$9.70
 
3.09
 
141,085

 
$11.19
 
1.83
 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
November 1, 2016
 
89,666

 
$9.67
 
3.09
 
376,340

 
$6.40
 
1.83
 
21,539

 
4.17

 
Granted
 
—

 
—

 
 
 
213,099

 
$7.07
 
 
 
21,134

 
$7.06
 
Options exercised or restricted stock vested
 
—

 
—

 
 
 
(20,650
)
 
$15.28
 
 
 
—

 
—

 
Forfeited or expired
 
(7,500
)
 
$10.46
 
 
 
(1,700
)
 
$13.22
 
 
 
—

 
—

 
January 31, 2017
 
82,166

 
$9.60
 
2.80
 
567,089

 
$11.19
 
2.08
 
42,673

 
$5.48
(1) 20-day EMA effective with commencement of the 2016 Plan on March 9, 2016.
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The Company recorded stock compensation expense related to stock options, restricted stock and restricted stock units during the three months ended January 31, 2017 and 2016 as follows:
 
 
Three Months Ended January 31,
 
 
2017
 
2016
Restricted stock
 
375

 
189

Restricted stock units
 
22

 
—

Total
 
$
397

 
$
189
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 loss per share:          
(Shares in thousands)
Three Months Ended January 31,
 
2017
 
2016
Net loss available to common stockholders
$
(2,018
)
 
$
(5,127
)
Basic weighted average shares
17,720

 
17,342

Effect of dilutive securities:
 
 
 
Restricted shares (a)
—

 
—

Diluted weighted average shares
17,720

 
17,342

Basic loss per share
$
(0.11
)
 
$
(0.30
)
Diluted loss per share
$
(0.11
)
 
$
(0.30
)

(a) Due to a loss for the period, zero restricted shares are included because the effect would be anti-dilutive.