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Earnings per share (Tables)
6 Months Ended
Apr. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Weighted Average Shares Outstanding
The following table summarizes the computation of basic and diluted weighted average shares outstanding:
 
 
 
Three Months Ended April 30,
 
Six Months Ended April 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
 
8,208,278
 
7,610,309
 
8,175,376
 
7,337,101
 
 
 
 
 
 
 
 
 
 
 
Add effects of potentially dilutive securities-assumed exercise of stock options
 
538,080
 
851,235
 
614,376
 
912,354
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for diluted earnings per share
 
8,746,358
 
8,461,544
 
8,789,752
 
8,249,455