Industry Segment Information (Tables)

3 Months Ended

Jan. 31, 2014

Industry Segment Information [Abstract]

Schedule of segment reporting information, by segment

The table below presents information about reported segments for the three months ended January 31:

2014 Quarter 1	Printing			Office Products & Furniture			Total
Revenues from continuing operations	$	9,847,054		$	6,890,038		$	16,737,092
Elimination of intersegment revenue		(488,446	)		(825,948	)		(1,314,394	)
Consolidated revenues from continuing operations	$	9,358,608		$	6,064,090		$	15,422,698
Operating (loss) from continuing operations		(287,061	)		(73,091	)		(360,152	)
Depreciation & amortization		494,712			26,360			521,072
Capital expenditures		123,979			5,655			129,634
Identifiable assets		17,151,052			7,359,173			24,510,225
Goodwill		-			1,230,485			1,230,485

2013 Quarter 1	Printing			Office Products & Furniture			Total
Revenues from continuing operations	$	11,989,511		$	8,448,257		$	20,437,768
Elimination of intersegment revenue		(888,031	)		(1,239,238	)		(2,127,269	)
Consolidated revenues from continuing operations	$	11,101,480		$	7,209,019		$	18,310,499
Operating (loss) income from continuing operations		(2,454,091	)		210,920			(2,243,171	)
Depreciation & amortization		513,362			33,851			547,212
Capital expenditures		72,117			1,483			73,600
Identifiable assets		22,849,996			7,955,580			30,805,576
Goodwill		-			1,230,485			1,230,485

Reconciliation of total segment revenue, assets and operating (loss) income

A reconciliation of total segment revenue, assets and operating (loss) to consolidated (loss) before income taxes for the three months ended January 31, 2014 and 2013 is as follows:

	Three months ended January 31,
		2014			2013
Revenues:
Total segment revenues from continuing operations	$	16,737,092		$	20,437,768
Elimination of intersegment revenue		(1,314,394	)		(2,127,269	)
Consolidated revenue from continuing operations	$	15,422,698		$	18,310,499
Operating (loss) from continuing operations:
Total segment operating (loss) from continuing operations	$	(360,152	)	$	(2,243,171	)
Interest expense - related party		(20,764	)		(20,764	)
Interest expense		(263,761	)		(1,315,066	)
Other income		14,494			9,623
Consolidated (loss) before income taxes from continuing operations	$	(630,183	)	$	(3,569,378	)
Identifiable assets:
Total segment identifiable assets	$	24,510,225		$	30,805,576
Elimination of intersegment assets and assets held for sale/discontinued operations		461,443			13,010,266
Total consolidated assets	$	24,971,668		$	43,815,842