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Earnings per share (Tables)

3 Months Ended

Jan. 31, 2015

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 January 31,
		2015		2014
Weighted average shares outstanding for basic earnings per share		8,286,831		8,143,640
Add effects of potentially dilutive securities-assumed exercise of stock options		380,940		673,711
Weighted average shares for diluted earnings per share		8,667,771		8,817,351

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- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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