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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2016
Oct. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 5,258 $ 7,595
Trade accounts receivable, net of allowance for doubtful accounts of $62 and $59, respectively 4,077 3,980
Inventories 6,022 6,928
Other current assets 1,436 728
Deferred tax assets 0 426
TOTAL CURRENT ASSETS 16,793 19,657
Property and equipment:    
Equipment and tooling 3,203 3,215
Furniture and office equipment 799 936
Property, Plant and Equipment, Gross 4,002 4,151
Less accumulated depreciation 3,174 3,230
Total property and equipment 828 921
Goodwill 3,219 5,913
Amortizable intangible assets, net 3,619 4,268
Non-amortizable intangible assets 1,237 1,387
Note receivable from stockholder 0 67
Other assets 141 39
TOTAL ASSETS 25,837 32,252
CURRENT LIABILITIES    
Accounts payable 1,138 1,493
Accrued expenses 2,770 2,868
TOTAL CURRENT LIABILITIES 3,908 4,361
Deferred tax liabilities 409 1,143
Other long-term liabilities 128 377
TOTAL LIABILITIES 4,445 5,881
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,835,483 and 8,713,664 shares issued and outstanding at October 31, 2016 and 2015, respectively 88 87
Additional paid-in capital 19,379 19,129
Retained earnings 1,925 7,155
TOTAL STOCKHOLDERS' EQUITY 21,392 26,371
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 25,837 $ 32,252