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CONSOLIDATED BALANCE SHEETS (USD $)
Oct. 31, 2012
Oct. 31, 2011
Current assets:    
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011) $ 5,491,768 $ 1,760,816
Restricted cash (all related to VIE)    66,926
Certificates of deposit    4,094,724
Trade accounts receivable, net of allowance for doubtful accounts of $95,500 and $102,736, respectively ($809,120 for settlement of VIE obligations at October 31, 2011) 5,167,012 2,605,965
Inventories ($487,687 for settlement of VIE obligations at October 31, 2011) 6,984,546 6,189,601
Other current assets ($33,263 for settlement of VIE obligations at October 31, 2011) 639,954 511,832
Prepaid income taxes    572,642
Deferred tax assets ($42,100 for settlement of VIE obligations at October 31, 2011) 760,966 610,700
Total current assets 19,044,246 16,413,206
Property and equipment:    
Land and building ($1,548,100 of collateral for VIE obligations at October 31, 2011)    1,548,100
Equipment and tooling ($305,399 for settlement of VIE obligations at October 31, 2011) 2,348,955 2,938,388
Furniture and office equipment ($16,150 for settlement of VIE obligations at October 31, 2011) 655,714 575,586
Property, Plant and Equipment, Gross, Total 3,004,669 5,062,074
Less accumulated depreciation 1,800,371 2,619,336
Total property and equipment 1,204,298 2,442,738
Goodwill 3,076,023 3,076,023
Amortizable intangible assets, net 1,627,213 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) 34,658 102,828
Total assets 25,463,418 24,377,946
Current liabilities:    
Accounts payable 1,429,076 521,174
Accrued expenses 2,101,691 1,579,445
Mortgages payable ($1,394,230 recourse limited to VIE creditors at October 31, 2011)   1,394,230
Income taxes payable 609,709   
Total current liabilities 4,140,476 3,494,849
Deferred tax liabilities 1,077,157 1,072,202
Other long-term liabilities 15,480 132,867
Total liabilities 5,233,113 4,699,918
Commitments and contingencies      
Equity:    
Common stock - authorized 20,000,000 shares at $.01 par value; 6,978,374 and 7,110,507 shares issued and outstanding, respectively 69,783 71,105
Additional paid-in capital 12,007,523 11,382,605
Retained earnings 8,152,999 8,010,701
Total RF Industries, Ltd. and Subsidiary 20,230,305 19,464,411
Noncontrolling interest    213,617
Total equity 20,230,305 19,678,028
Total liabilities and equity 25,463,418 24,377,946
Variable Interest Entity
   
Current assets:    
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011)   420,663
Restricted cash (all related to VIE) 62,455  
Trade accounts receivable, net of allowance for doubtful accounts of $95,500 and $102,736, respectively ($809,120 for settlement of VIE obligations at October 31, 2011)   809,120
Inventories ($487,687 for settlement of VIE obligations at October 31, 2011)   487,687
Other current assets ($33,263 for settlement of VIE obligations at October 31, 2011) 23,801 33,263
Deferred tax assets ($42,100 for settlement of VIE obligations at October 31, 2011)   42,100
Property and equipment:    
Land and building ($1,548,100 of collateral for VIE obligations at October 31, 2011)   1,548,100
Equipment and tooling ($305,399 for settlement of VIE obligations at October 31, 2011)   305,399
Furniture and office equipment ($16,150 for settlement of VIE obligations at October 31, 2011)   16,150
Total property and equipment 1,467,674  
Other assets ($70,668 for settlement of VIE obligations at October 31, 2011) 69,784 70,688
Current liabilities:    
Mortgages payable ($1,394,230 recourse limited to VIE creditors at October 31, 2011) (1,408,249) 1,394,230
Equity:    
Total equity $ 215,465