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Business acquisitions (Tables)

12 Months Ended

Oct. 31, 2016

The following table summarizes the components of the estimated purchase price at fair value at June 1, 2015:

Cash consideration paid	$	2,100,000
RF Industries, Ltd. common shares issued (50,467 shares)		200,000
Earn-out		610,000
Total purchase price	$	2,910,000

The following table summarizes the final allocation of the estimated purchase price at fair value at June 1, 2015:

Current assets	$	1,637,000
Fixed assets		68,000
Other assets		17,000
Intangible assets		1,425,000
Goodwill		833,000
Deferred tax liabilities		(489,000)
Non-interest bearing liabilities		(581,000)
Net assets	$	2,910,000

Pro forma financial information is presented in the following table:

The following table summarizes the components of the estimated purchase price at fair value at May 19, 2015:

Cash consideration paid		$	700,000
Total purchase price		$	700,000

The following table summarizes the final allocation of the estimated purchase price at fair value at May 19, 2015:

The following table summarizes the components of the estimated purchase price at fair value at November 1, 2014:

Cash consideration paid	$	3,090,000
RF Industries, Ltd. common shares issued (252,381 shares)		1,060,000
Earn-out		1,235,000
Total purchase price	$	5,385,000

The following table summarizes the final allocation of the purchase price at fair value at November 1, 2014:

Current assets	$	1,875,000
Fixed assets		150,000
Intangible assets		2,910,000
Goodwill		1,879,000
Non-interest bearing liabilities		(1,429,000)
Net assets	$	5,385,000