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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Oct. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 11,881 $ 5,492
Trade accounts receivable, net of allowance for doubtful accounts of $103 and $96 3,160 5,167
Inventories 5,995 6,984
Other current assets 1,552 640
Deferred tax assets 322 761
TOTAL CURRENT ASSETS 22,910 19,044
Property and equipment:    
Equipment and tooling 2,500 2,349
Furniture and office equipment 759 655
Total 3,259 3,004
Less accumulated depreciation 2,206 1,800
Total property and equipment 1,053 1,204
Goodwill 3,076 3,076
Amortizable intangible assets, net 1,407 1,627
Non-amortizable intangible assets 410 410
Note receivable from stockholder 67 67
Other assets 30 35
TOTAL ASSETS 28,953 25,463
CURRENT LIABILITIES    
Accounts payable 792 1,429
Accrued expenses 1,741 2,102
Customer deposit 51 0
Income taxes payable 0 610
TOTAL CURRENT LIABILITIES 2,584 4,141
Deferred tax liabilities 950 1,077
Other long-term liabilities 0 15
TOTAL LIABILITIES 3,534 5,233
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS’ EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,075,124 and 6,978,374 shares issued and outstanding at October 31, 2013 and 2012, respectively 81 70
Additional paid-in capital 15,706 12,007
Retained earnings 9,632 8,153
TOTAL STOCKHOLDERS' EQUITY 25,419 20,230
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 28,953 $ 25,463