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Consolidated Balance Sheets (Unaudited) (USD $)
Jan. 31, 2012
Oct. 31, 2011
Current assets:    
Cash $ 29,690 $ 0
Accounts receivable, net of allowance of $1,061,000 and $933,000 16,453,551 18,779,592
Inventories 9,248,700 8,897,726
Income tax refund 9,293 9,293
Other current assets 1,343,140 572,102
Deferred income tax assets 864,108 864,108
Total current assets 27,948,482 29,122,821
Property and equipment, at cost:    
Land 1,881,839 1,881,839
Buildings and improvements 11,882,347 11,876,675
Machinery and equipment 55,335,758 55,148,156
Furniture and fixtures 4,266,578 4,248,530
Vehicles 3,185,648 3,206,318
Property and equipment gross 76,552,170 76,361,518
Less accumulated depreciation (57,439,362) (56,605,876)
Property and equipment net 19,112,808 19,755,642
Goodwill 12,968,255 12,968,255
Deferred financing costs 720,319 830,323
Other intangibles, net of accumulated amortization 4,703,487 4,778,052
Trademark and masthead 3,648,972 3,648,972
Deferred tax asset, net of current portion 10,924,416 10,894,159
Other assets 24,766 26,058
Total noncurrent assets 32,990,215 33,145,819
Total assets 80,051,505 82,024,282
Current liabilities:    
Notes payable, line of credit 9,725,496 9,725,496
Negative book cash balances 0 1,153,931
Accounts payable 5,942,479 5,331,327
Deferred revenue 985,217 737,748
Accrued payroll and commissions 1,488,527 1,738,582
Taxes accrued and withheld 1,395,555 1,195,899
Accrued expenses 1,995,579 2,149,295
Current portion of long-term debt:    
Notes payable 35,381,463 38,629,011
Total current liabilities 56,914,316 60,661,289
Long-term debt, net of current portion:    
Notes payable 291,631 430,997
Notes payable - related party 2,000,000 0
Other liabilities 3,300 3,750
Total liabilities 59,209,247 61,096,036
Shareholders equity:    
Common stock, $1 par value, 20,000,000 shares authorized; 11,299,528 shares issued and outstanding 11,299,528 11,299,528
Additional paid-in capital 23,267,024 23,267,024
Retained deficit (13,724,294) (13,638,306)
Total shareholders equity 20,842,258 20,928,246
Total liabilities and shareholders equity $ 80,051,505 $ 82,024,282