XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Sales, net $ 28,140,091 $ 22,625,060
Cost of goods sold 10,815,503 8,807,787
Gross profit 17,324,588 13,817,273
Operating and administrative expenses:    
Sales and marketing 1,590,890 1,329,179
General and administrative 1,046,633 659,882
Research and development 236,415 180,674
Total operating expenses 2,873,938 2,169,735
Income from operations 14,450,650 11,647,538
Other income:    
Interest income 32,107 24,189
Income before income tax expenses 14,482,757 11,671,727
Income tax expenses 2,175,525 723,432
Net income 12,307,232 10,948,295
Other comprehensive income:    
Cumulative currency translation adjustments 1,485,999 664,421
Total comprehensive income $ 13,793,231 $ 11,612,716
Earnings per common stock- Basic (in dollars per share) $ 0.33 $ 0.29
Earnings per common stock - Diluted (in dollars per share) $ 0.33 $ 0.29
Weighted average number of common stock outstanding    
Basic (in shares) 37,239,536 37,239,536
Diluted (in shares) 37,243,559 37,895,878