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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2018
Apr. 30, 2017
Sales and service fees $ 70,424 $ 58,222 $ 138,868 $ 106,966
Cost of sales and service 51,111 41,154 99,434 77,312
Gross profit 19,313 17,068 39,434 29,654
Selling, general and administrative expenses 13,320 11,714 26,286 22,881
Operating income 5,993 5,354 13,148 6,773
Interest expense 25 24 45 45
Interest income 12 7 30 18
Investment income 6 16 122 80
Other expense, net 579 240 411 291
Income before taxes 5,407 5,113 12,844 6,535
Provision for income taxes 1,656 1,467 6,156 2,010
Net income $ 3,751 $ 3,646 $ 6,688 $ 4,525
Income per common share        
Basic (in dollars per share) $ 0.55 $ 0.55 $ 0.99 $ 0.68
Diluted (in dollars per share) $ 0.55 $ 0.54 $ 0.98 $ 0.67
Weighted average common shares outstanding        
Basic (in shares) 6,706 6,617 6,682 6,600
Diluted (in shares) 6,784 6,671 6,763 6,664
Dividends paid per share $ 0.11 $ 0.10 $ 0.21 $ 0.19