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Earnings per share (Tables)
3 Months Ended
Jan. 31, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Weighted Average Shares Outstanding

The following table summarizes the computation of basic and diluted weighted average shares outstanding:

 

    Three Months Ended January 31,  
    2013     2012  
             
Weighted average shares outstanding for basic earnings per share     7,074,095       7,002,929  
                 
Add effects of potentially dilutive securities-assumed exercise of stock options     930,071       717,605  
                 
Weighted average shares for diluted net earnings per share     8,004,166       7,720,534