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Earnings Per Share
 12 Months Ended
Oct. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic net (loss) income 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 (loss) income per common share is calculated using the weighted-average number of common shares outstanding during the period plus the dilutive effect of conversion of unvested, restricted stock and preferred stock. The Series B and Series B-2 convertible preferred shares were anti-dilutive for fiscal years 2025, 2024 and 2023. The computations for basic and diluted net (loss) income per common share are as follows for the fiscal years ended October 31 (in thousands, except per share data):
 202520242023
Basic net (loss) income per common share:
Net (loss) income applicable to common stock$(16,482)$7,215 $8,899 
Effect of unvested, restricted stock(65)(119)(146)
Numerator: Net (loss) income for basic EPS(16,547)7,096 8,753 
Denominator: Weighted average common shares–basic17,834 17,715 17,603 
Basic net (loss) income per common share$(0.93)$0.40 $0.50 
Diluted net (loss) income per common share:
Net (loss) income for basic EPS$(16,547)$7,096 $8,753 
Effect of dilutive preferred stock— — — 
Numerator: Net (loss) income for diluted EPS(16,547)7,096 8,753 
Weighted average common shares–basic17,834 17,715 17,603 
Effect of dilutive preferred stock— — — 
Denominator: Weighted average common shares–diluted17,834 17,715 17,603 
Diluted net (loss) income per common share$(0.93)$0.40 $0.50 
Diluted net (loss) income per common share is calculated 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 (loss) income per common share was calculated under the two-class method for fiscal years 2025, 2024 and 2023.