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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2017
Apr. 30, 2016
Sales and service fees $ 58,222 $ 52,029 $ 106,966 $ 108,532
Cost of sales and service 41,154 35,419 77,312 74,224
Gross profit 17,068 16,610 29,654 34,308
Selling, general and administrative expenses 11,714 11,943 22,881 23,904
Operating income 5,354 4,667 6,773 10,404
Interest expense 24 25 45 49
Interest income 7 7 18 22
Investment income 16 4 80 106
Other (income) expense, net 240 (246) 291 (20)
Income before taxes 5,113 4,899 6,535 10,503
Provision for income taxes 1,467 1,225 2,010 2,934
Net income $ 3,646 $ 3,674 $ 4,525 $ 7,569
Income per common share        
Basic (in dollars per share) $ 0.55 $ 0.56 $ 0.68 $ 1.15
Diluted (in dollars per share) $ 0.54 $ 0.56 $ 0.67 $ 1.14
Weighted average common shares outstanding        
Basic (in shares) 6,617 6,570 6,600 6,564
Diluted (in shares) 6,671 6,641 6,664 6,630
Dividends paid per share $ 0.1 $ 0.09 $ 0.19 $ 0.17