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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jan. 31, 2012
Oct. 31, 2011
Jan. 25, 2012
Variable Interest Entity
Oct. 31, 2011
Variable Interest Entity
CURRENT ASSETS        
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011) $ 1,596,973 $ 1,760,816   $ 420,663
Certificates of deposit 3,094,613 4,094,724    
Trade accounts receivable, net of allowance for doubtful accounts of $75,353 and $102,736 ($809,120 for settlement of VIE obligations at October 31, 2011) 2,888,453 2,605,965   809,120
Inventories ($487,687 for settlement of VIE obligations at October 31, 2011) 6,281,622 6,189,601   487,687
Prepaid income taxes 549,443 572,642    
Other current assets ($33,263 for settlement of VIE obligations at October 31, 2011) 750,396 511,832 23,801 33,263
Deferred tax assets ($42,100 for settlement of VIE obligations at October 31, 2011) 610,700 610,700   42,100
TOTAL CURRENT ASSETS 15,772,200 16,413,206    
Restricted cash (all related to VIE)     62,455 66,926
Property and Equipment:        
Land and building ($1,548,100 of collateral for VIE obligations at October 31, 2011)   1,548,100   1,548,100
Equipment and tooling ($305,399 for settlement of VIE obligations at October 31, 2011) 3,128,731 2,938,388   305,399
Furniture and office equipment ($16,150 for settlement of VIE obligations at October 31, 2011) 575,586 575,586   16,150
Property, Plant and Equipment, Gross, Total 3,704,317 5,062,074    
Less accumulated depreciation 2,624,372 2,619,336    
TOTALS 1,079,945 2,442,738 1,467,674  
Goodwill 3,076,023 3,076,023    
Amortizable intangible assets, net 1,792,369 1,866,171    
Non-amortizable intangible assets 410,000 410,000    
Note receivable from stockholder 66,980 66,980    
Other assets ($70,668 for settlement of VIE obligations at October 31, 2011) 32,159 102,828 69,784 70,668
TOTAL ASSETS 22,229,676 24,377,946    
CURRENT LIABILITIES        
Accounts payable 1,273,930 521,174    
Accrued expenses 1,192,310 1,579,445    
Mortgages payable ($1,394,230 recourse limited to VIE creditors at October 31, 2011)   1,394,230 1,408,249 1,394,230
TOTAL CURRENT LIABILITIES 2,466,240 3,494,849    
Deferred tax liabilities 1,072,202 1,072,202    
Other long-term liabilities 125,011 132,867    
TOTAL LIABILITIES 3,663,453 4,699,918    
COMMITMENTS AND CONTINGENCIES          
STOCKHOLDERS' EQUITY        
Common stock - authorized 20,000,000 shares of $0.01 par value; 6,929,365 and 7,110,507 shares issued and outstanding 69,294 71,105    
Additional paid-in capital 11,472,185 11,382,605    
Retained earnings 7,024,744 8,010,701    
Total RF Industries, Ltd. and Subsidiary 18,566,223 19,464,411    
Noncontrolling interest   213,617    
TOTAL EQUITY 18,566,223 19,678,028    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 22,229,676 $ 24,377,946