XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
OPERATING ACTIVITIES:        
Consolidated net income $ 1,061 $ 3,204 $ 1,701 $ 3,658
Income from discontinued operations 0 39 0 189
Income from continuing operations 1,061 3,165 1,701 3,469
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Bad debt expense     7 51
Depreciation and amortization 141 127 278 254
Stock-based compensation expense     192 132
Deferred income taxes     0 10
Changes in operating assets and liabilities:        
Trade accounts receivable     (2,375) (8,021)
Inventories     (345) (1,036)
Other current assets     167 (12)
Other long-term assets     0 21
Accounts payable     (721) 4,704
Accrued expenses     (786) 1,881
Income tax receivable     0 442
Other long-term liabilities     76 0
Net cash provided by (used in) operating activities from continuing operations     (1,806) 1,895
Net cash provided by operating activities from discontinued operations     0 546
INVESTING ACTIVITIES:        
Proceeds from landlord for tenant improvements     0 34
Capital expenditures     (199) (78)
Purchase of C Enterprises, net of cash acquired of $143     (457) 0
Net cash used in investing activities from continuing operations     (656) (44)
Net cash used in investing activities from discontinued operations     0 (1)
FINANCING ACTIVITIES:        
Proceeds from exercise of stock options     357 413
Dividends paid (187) (183) (373) (360)
Net cash provided by (used in) financing activities     (16) 53
Net increase (decrease) in cash and cash equivalents     (2,478) 2,449
Cash and cash equivalents of continuing operations, beginning of period     16,334 6,039
Cash and cash equivalents, end of period 13,856 8,488 13,856 8,488
Less: cash and cash equivalents of discontinued operations 0 1,383 0 1,383
Cash and cash equivalents of continuing operations, end of period $ 13,856 $ 7,105 13,856 7,105
Supplemental cash flow information – income taxes paid     $ 255 $ 384