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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2015
Oct. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 7,908 $ 14,718
Trade accounts receivable, net of allowance for doubtful accounts of $47 and $30 3,915 2,428
Inventories 7,263 5,259
Other current assets 1,041 618
Deferred tax assets 416 416
TOTAL CURRENT ASSETS 20,543 23,439
Property and equipment:    
Equipment and tooling 3,153 2,610
Furniture and office equipment 970 777
Total 4,123 3,387
Less accumulated depreciation 3,161 2,558
Total property and equipment 962 829
Goodwill 5,913 3,076
Amortizable intangible assets, net 4,440 1,187
Non-amortizable intangible assets 1,387 410
Note receivable from stockholder 67 67
Other assets 38 21
TOTAL ASSETS 33,350 29,029
CURRENT LIABILITIES    
Accounts payable 1,979 867
Accrued expenses 2,882 1,422
Income taxes payable 0 73
TOTAL CURRENT LIABILITIES 4,861 2,362
Deferred tax liabilities 1,299 811
Other long-term liabilities 946 0
TOTAL LIABILITIES $ 7,106 $ 3,173
COMMITMENTS AND CONTINGENCIES    
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,571,831 and 8,255,979 shares issued and outstanding at July 31, 2015 and October 31, 2014, respectively $ 86 $ 83
Additional paid-in capital 18,664 17,230
Retained earnings 7,494 8,543
TOTAL STOCKHOLDERS' EQUITY 26,244 25,856
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 33,350 $ 29,029