Earnings per share (Tables)

3 Months Ended

Jan. 31, 2014

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,
	2014	2013
Weighted average shares outstanding for basic earnings per share	8,143,640	7,074,095
Add effects of potentially dilutive securities-assumed exercise of stock options	673,711	930,071
Weighted average shares for diluted earnings per share	8,817,351	8,004,166