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Earnings Per Share
 6 Months Ended
Apr. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic net income or 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 or 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 or loss per common share are as follows (in thousands, except per share data):
 Three Months Ended
April 30,		Six Months Ended
April 30,
 2025202420252024
Basic net (loss) income per common share:  
Net (loss) income applicable to common stock$(3,487)$6,441 $(6,686)$2,731 
Effect of unvested, restricted stock(17)(101)(37)(47)
Numerator: Net (loss) income for basic EPS(3,504)6,340 (6,723)2,684 
Denominator: Weighted average common shares–basic17,825 17,707 17,808 17,677 
Basic net (loss) income per common share$(0.20)$0.36 $(0.38)$0.15 
Diluted net (loss) income per common share:  
Net (loss) income for basic EPS$(3,504)$6,340 $(6,723)$2,684 
Effect of dilutive preferred stock— 126 — — 
Numerator: Net (loss) income for diluted EPS(3,504)6,466 (6,723)2,684 
Weighted average common shares–basic17,825 17,707 17,808 17,677 
Effect of dilutive preferred stock— 655 — — 
Denominator: Weighted average common shares–diluted17,825 18,362 17,808 17,677 
Diluted net (loss) income per common share$(0.20)$0.35 $(0.38)$0.15 
Diluted net income or 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 (loss) income per common share was calculated under the two-class method for the three and six months ended April 30, 2025 and 2024.