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EQUITY INCENTIVE PLAN (Tables)
9 Months Ended
Jul. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity for the nine-month period ended July 31, 2016, is as follows:
 
 
 
Stock
Options
 
Weighted Average
Exercise Price
 
 
 
 
 
 
 
 
 
Outstanding at October 31, 2015
 
 
107,889
 
$
20.25
 
 
 
 
 
 
 
 
 
Options granted
 
 
 
 
 
Options exercised
 
 
 
 
 
Options cancelled
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at July 31, 2016
 
 
107,889
 
$
20.25
 
Schedule of Information about Outstanding Stock Options that have Already Vested and those that are Expected to Vest
Summarized information about outstanding stock options as of July 31, 2016, that have already vested and those that are expected to vest, as well as stock options that are currently exercisable, are as follows:
 
 
 
Options Already
Vested and Expected
to Vest
 
Options Currently
Exercisable
 
 
 
 
 
 
 
 
 
Number of outstanding options
 
 
107,889
 
 
107,889
 
 
 
 
 
 
 
 
 
Weighted average remaining contractual life (years)
 
 
4.62
 
 
4.62
 
 
 
 
 
 
 
 
 
Weighted average exercise price per share
 
$
20.25
 
$
20.25
 
 
 
 
 
 
 
 
 
Intrinsic value of outstanding options
 
$
734,000
 
$
734,000
 
Reconciliation of Restricted Stock Activity and Related Information
A reconciliation of the Company’s restricted stock activity and related information for the nine-month period ended July 31, 2016 is as follows: 
 
 
Number of
Shares
 
Weighted Average
Grant  Date
Fair Value
 
Unvested at October 31, 2015
 
 
98,799
 
$
28.89
 
Shares granted
 
 
75,636
 
 
28.05
 
Shares vested
 
 
(21,385)
 
 
27.63
 
Shares withheld
 
 
(5,700)
 
 
25.29
 
Unvested at July 31, 2016
 
 
147,350
 
$
28.78