Due From Factor

3 Months Ended

Jan. 31, 2012

Due From Factor [Abstract]

DUE FROM FACTOR

4. DUE FROM FACTOR

Due from factor consists of the following:

	January 31, 2012			October 31, 2011
Outstanding accounts receivable sold to factor	$	23,987		$	12,667
Less: allowances		(7,560	)		(6,952	)
Less: advances from factor		(2,549	)		(4,778	)
	$	13,878		$	937

Outstanding accounts receivable sold to the factor as of January 31, 2012 and October 31, 2011 for which the Company retained credit risk amounted to $0.5 million and $2.0 million, respectively. As of January 31, 2012 and October 31, 2011, there were no allowances for uncollectible accounts.

A summary of the changes in price protection and other customer sales incentive allowances included as a reduction of the amounts due from factor is presented below:

	Three Months Ended January 31,
	2012			2011
Allowances — beginning of period	$	(6,952	)	$	(3,298	)
Provision for price protection		(2,408	)		(1,889	)
Amounts charged against allowance and other changes		1,800			(1,655	)
Allowances — end of period	$	(7,560	)	$	(6,842	)