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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net sales $ 7,735 $ 7,592 $ 14,519 $ 13,909
Cost of sales 5,383 4,735 10,144 8,824
Gross profit 2,352 2,857 4,375 5,085
Operating expenses:        
Engineering 179 188 340 368
Selling and general 2,251 2,065 4,684 4,271
Totals 2,430 2,253 5,024 4,639
Operating income (loss) (78) 604 (649) 446
Other income 28 10 28 15
Income (loss) from continuing operations before provision for income taxes (50) 614 (621) 461
Provision (benefit) for income taxes (119) 250 (374) 155
Income (loss) from continuing operations 69 364 (247) 306
Income (loss) from discontinued operations, net of tax (182) 84 (220) 208
Net income (loss) $ (113) $ 448 $ (467) $ 514
Earnings (loss) per share - Basic:        
Continuing operations $ 0.01 $ 0.04 $ (0.03) $ 0.04
Discontinued operations (0.02) 0.01 (0.02) 0.02
Net income (loss) per share (0.01) 0.05 (0.05) 0.06
Earnings (loss) per share - Diluted:        
Continuing operations 0.01 0.04 (0.03) 0.04
Discontinued operations (0.02) 0.01 (0.02) 0.02
Net income (loss) per share $ (0.01) $ 0.05 $ (0.05) $ 0.06
Weighted average shares outstanding:        
Basic 8,759,570 8,509,970 8,738,012 8,395,952
Diluted 8,759,570 8,883,182 8,738,012 8,773,667