STOCK BASED COMPENSATION ARRANGEMENTS (Tables)

6 Months Ended

Apr. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the Company’s stock option activity in the six months ended April 30, 2015 is presented below:

Outstanding at beginning of period	429,200
Granted	323,427
Forfeited or expired	(84,046)
Outstanding at end of period	668,581

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of the Company’s restricted stock activity in the six months ended April 30, 2015 is presented below:

Outstanding at beginning of period	126,239
Granted	511,730
Vested	(140,025)
Canceled	(18,139)
Outstanding at end of period	479,805