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Basic and Diluted Net Income (Loss) Per Share
 9 Months Ended
Jul. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share Basic and Diluted Net Income (Loss) Per Share
Basic net income (loss) per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of conversion of preferred stock. Diluted net income (loss) per common share is calculated using the weighted-average number of common shares outstanding during the period plus the dilutive effect of unvested, restricted stock and conversion of preferred stock. The computations for basic and diluted net income (loss) per common share are as follows (in thousands, except per share data):
 Three Months Ended
July 31,		Nine Months Ended
July 31,
 2024202320242023
Basic net income (loss) per common share:  
Net income (loss) applicable to common stock$6,468 $(1,288)$9,199 $12,479 
Effect of unvested, restricted stock(95)(27)(153)(194)
Numerator: Net income (loss) for basic EPS6,373 (1,315)9,046 12,285 
Denominator: Weighted average common shares–basic17,756 17,621 17,701 17,597 
Basic net income (loss) per common share$0.36 $(0.07)$0.51 $0.70 
Diluted net income (loss) per common share:  
Net income (loss) for basic EPS$6,373 $(1,315)$9,046 $12,285 
Effect of dilutive preferred stock125 — — 376 
Numerator: Net income (loss) for diluted EPS6,498 (1,315)9,046 12,661 
Weighted average common shares–basic17,756 17,621 17,701 17,597 
Effect of dilutive preferred stock607 — — 784 
Denominator: Weighted average common shares–diluted18,363 17,621 17,701 18,381 
Diluted net income (loss) per common share$0.35 $(0.07)$0.51 $0.69 
Diluted net income (loss) per common share is computed using the more dilutive method of either the two-class method or the treasury stock method. Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings per share. The Company’s unvested, restricted stock awards qualify as participating shares. Diluted net income (loss) per common share was calculated under the two-class method for the three and nine months ended July 31, 2024 and 2023.