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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2013
Jul. 31, 2012
Net sales $ 9,585 $ 7,316 $ 29,146 $ 19,229
Cost of sales 5,609 3,982 16,163 10,521
Gross profit 3,976 3,334 12,983 8,708
Operating expenses:        
Engineering 313 261 894 835
Selling and general 2,107 1,912 6,655 5,592
Totals 2,420 2,173 7,549 6,427
Operating income 1,556 1,161 5,434 2,281
Other income - interest/dividends 6 11 14 36
Income from continuing operations before provision for income taxes 1,562 1,172 5,448 2,317
Provision for income taxes 407 397 1,517 810
Income from continuing operations 1,155 775 3,931 1,507
Loss from discontinued operations, net of tax (238) (40) (354) (52)
Consolidated net income 917 735 3,577 1,455
Net income attributable to noncontrolling interest 0 0 0 2
Net income attributable to RF Industries, Ltd. and Subsidiary $ 917 $ 735 $ 3,577 $ 1,453
Earnings per share - Basic        
Continuing operations $ 0.15 $ 0.11 $ 0.52 $ 0.22
Discontinued operations $ (0.03) $ 0 $ (0.04) $ (0.01)
Net income per share $ 0.12 $ 0.11 $ 0.48 $ 0.21
Earnings per share - Diluted        
Continuing operations $ 0.13 $ 0.10 $ 0.47 $ 0.20
Discontinued operations $ (0.02) $ 0 $ (0.04) $ (0.01)
Net income per share $ 0.11 $ 0.10 $ 0.43 $ 0.19
Weighted average shares outstanding        
Basic 7,798,608 6,867,073 7,492,137 6,914,450
Diluted 8,559,635 7,625,085 8,362,978 7,657,546