Income Taxes (Tables)

12 Months Ended

Oct. 31, 2017

Income Tax Disclosure [Abstract]

Income Tax Benefit

	2017			2016
Current income tax (benefit) provision:
Federal	$	41,245		$	(117,969	)
State		3,926			(15,007	)
		45,171			(132,975	)
Deferred income tax (benefit) provision:
Federal		(1,491	)		17,810
State		(138	)		1,654
		(1,629	)		19,464
Income tax (benefit) provision	$	43,542		$	(113,512	)

Income tax provide by federal statutory rate

	2017		2016
Expected federal income tax expense at Statutory rate	$	39,747	$	(7,855	)
State income tax expense, net of federal income tax effect		2,441		(52	)
Other – meals and entertainment		1,354		6,988
DPAD adjustments		—		(112,594	)
Income tax provision	$	43,542	$	113,512

Net Deferred Income Taxes

	2017		2016
Deferred tax assets
Inventory reserve	$	84,646	$	70,238
Other reserves and allowances		54,516		111,510
Capitalized inventory costs		76,988		55,523
Total deferred tax assets		216,150		237,271
Deferred tax liabilities
Property, plant and equipment		178,802		201,552
Net deferred income taxes	$	37,348	$	35,719