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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Net sales $ 6,672,187 $ 4,391,562 $ 12,230,941 $ 8,531,857
Cost of sales 3,650,018 2,154,806 6,706,769 4,125,133
Gross profit 3,022,169 2,236,756 5,524,172 4,406,724
Operating expenses:        
Engineering 283,765 333,441 573,762 629,456
Selling and general 1,839,681 1,281,585 3,850,937 2,627,100
Totals 2,123,446 1,615,026 4,424,699 3,256,556
Operating income 898,723 621,730 1,099,473 1,150,168
Other income - interest 6,311 10,760 25,023 21,246
Income before provision for income taxes 905,034 632,490 1,124,496 1,171,414
Provision for income taxes 302,682 225,978 406,784 413,409
Net income attributable to RF Industries, Ltd. and Subsidiary 602,352 406,512 717,712 758,005
Net income attributable to deconsolidation of VIE     1,848  
Consolidated net income 602,352 406,512 719,560 758,005
Basic earnings per share $ 0.09 $ 0.07 $ 0.10 $ 0.13
Diluted earnings per share $ 0.08 $ 0.06 $ 0.09 $ 0.11
Basic weighted average shares outstanding 6,872,439 6,009,849 6,938,395 5,954,628
Diluted weighted average shares outstanding 7,623,805 7,050,310 7,673,266 6,914,030
Dividends paid $ 342,538 $ 130,512 $ 695,230 $ 215,321
Net income attributable to RF Industries, Ltd. and Subsidiary
       
Operating expenses:        
Basic earnings per share $ 0.09 $ 0.07 $ 0.10 $ 0.13
Diluted earnings per share $ 0.08 $ 0.06 $ 0.09 $ 0.11
Net income attributable to VIE
       
Operating expenses:        
Basic earnings per share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted earnings per share $ 0.00 $ 0.00 $ 0.00 $ 0.00