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Condensed Statements of Operations Unaudited (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Net Sales:        
Equipment $ 2,699,995 $ 1,599,815 $ 6,551,045 $ 4,661,541
Parts and Service 405,113 335,857 1,235,781 921,811
Total Net Sales 3,105,108 1,935,672 7,786,826 5,583,352
Cost of Sales 2,377,455 1,526,568 6,037,624 4,467,834
Gross Profit 727,653 409,104 1,749,202 1,115,518
Operating Expense:        
Selling Expense 130,995 73,143 357,400 307,128
Administrative Expense 203,938 178,160 548,460 523,663
Total Operating Expense 334,933 251,303 905,860 830,791
Operating Income 392,720 157,801 843,342 284,727
Other Income (Expense):        
Interest Income 2,021 2,284 6,417 7,795
Interest Expense 0 0 0 (3,160)
Other Income   0 0 64
Other Expense 0 (25,000) 0 (25,000)
Total Other Income 2,021 (22,716) 6,417 (20,301)
Income Before Income Taxes 394,741 135,085 849,759 264,426
Income Tax Provision 154,000 53,500 329,500 103,150
Net Income $ 240,741 $ 81,585 $ 520,259 $ 161,276
Basic Income per share (in dollars per share) $ 0.05 $ 0.02 $ 0.10 $ 0.03
Diluted Income per share (in dollars per share) $ 0.05 $ 0.02 $ 0.10 $ 0.03
Weighted average number of shares outstanding        
- Basic (in shares) 5,183,895 4,933,895 5,041,038 4,933,895
- Diluted (in shares) 5,183,895 5,056,776 5,115,867 5,038,264