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Selected quarterly financial data (Tables)
12 Months Ended
Oct. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly results of operation

The following summary represents the results of operations for each quarter for the years ended October 31, 2013 and 2012 (in thousands, except per share amounts):

 

2013:  Quarter Ended   Year 
   January 31,   April 30,   July 31,   October 31,   October 31, 
                     
Revenue  $10,387   $9,907   $10,384   $10,659   $41,337 
Expenses   9,417    9,403    9,339    9,578    37,737 
Income from continuing operations   970    504    1,045    1,081    3,600 
                          
Income from discontinued operations   730(a)   1,409(b)   48    2,155(c)   4,342 
Net income   1,700    1,913    1,093    3,236    7,942 
                          
Net income attributable to noncontrolling interest in subsidiaries   (229)   (43)   (182)   (39)   (493)
  Net income attributable to common equity  $1,471   $1,870   $911   $3,197   $7,449 
                          
Basic earnings per share:                         
Continuing operations  $0.11   $0.07   $0.12   $0.15   $0.45 
Discontinued operations   0.10(a)   0.20(b)   0.01    0.31(c)   0.62 
  Net income attributable to common equity  $0.21   $0.27   $0.13   $0.46   $1.07 
Dividends declared per share  $0.30   $0.30   $0.30   $0.66   $1.56 

 

(a) Includes $720 reversal of income tax provision ($0.10 per share) (See Note 10)

(b) Includes gain on sale of discontinued operations of $1,377 ($0.20 per share)

(c) Includes gain on sale of discontinued operations of $2,168 ($0.31 per share)

 

2012:  Quarter Ended   Year 
   January 31,   April 30,   July 31,   October 31,   October 31, 
                     
Revenue  $10,709   $13,397(a)  $10,554   $10,368   $45,028 
Expenses   9,265    10,768(b)   11,626(b)   9,361    41,020 
Income (loss) from continuing operations   1,444    2,629    (1,072)   1,007    4,008 
                          
Income from discontinued operations   118    138    181    7,551(c)   7,988 
Net income (loss)   1,562    2,767    (891)   8,558    11,996 
                          
Net (income) loss attributable to noncontrolling interest in subsidiaries   (369)   (824)   668    (120)   (645)
  Net income (loss) attributable to common equity  $1,193   $1,943   $(223)  $8,438   $11,351 
                          
Basic earnings per share:                         
Continuing operations  $0.16   $0.26(a),(b)  $(0.06)(b)  $0.13   $0.49 
Discontinued operations   0.01    0.02    0.03    1.09(c)   1.15 
  Net income (loss) attributable to common equity  $0.17   $0.28   $(0.03)  $1.22   $1.64 
Dividends declared per share  $0.30   $0.30   $0.30   $0.20   $1.10 

 

(a) Includes income related to early lease termination of $2,950 ($0.42 per share)

(b) Includes deferred project cost write-off of $1,490 ($0.21 per share), and $2,236 ($0.32 per share) in the quarters ended April 30, and July 31, respectively.

(c) Includes gain on sale of discontinued operation, net of tax, of $7,528 ($1.08 per share)