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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2019
Jan. 31, 2018
OPERATING ACTIVITIES:    
Consolidated net income $ 640 $ 454
Income from discontinued operations 0 150
Income from continuing operations 640 304
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Bad debt expense 5 (4)
Depreciation and amortization 137 127
Stock-based compensation expense 114 75
Deferred income taxes 11 (15)
Changes in operating assets and liabilities:    
Trade accounts receivable (1,383) (1,070)
Inventories (1,056) (752)
Other current assets 47 (182)
Other long-term assets 0 21
Accounts payable 402 638
Accrued expenses (1,318) 589
Income tax receivable 0 49
Net cash used in operating activities from continuing operations (2,401) (220)
Net cash provided by operating activities from discontinued operations 0 69
INVESTING ACTIVITIES:    
Proceeds from landlord for tenant improvements 0 34
Capital expenditures (73) (22)
Net cash provided by (used in) investing activities from continuing operations (73) 12
Net cash used in investing activities from discontinued operations 0 (1)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 342 157
Dividends paid (186) (176)
Net cash provided by (used in) financing activities 156 (19)
Net decrease in cash and cash equivalents (2,318) (159)
Cash and cash equivalents of continuing operations, beginning of period 16,334 6,039
Cash and cash equivalents, end of period 14,016 5,880
Less: cash and cash equivalents of discontinued operations 0 930
Cash and cash equivalents of continuing operations at end of period 14,016 4,950
Supplemental cash flow information – income taxes paid $ 0 $ 3