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Earnings per share (Tables)
3 Months Ended
Jan. 31, 2016
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,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings (loss) per share
 
 
8,716,712
 
 
8,286,831
 
 
 
 
 
 
 
 
 
Add effects of potentially dilutive securities-assumed exercise of stock options
 
 
-
 
 
380,940
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for diluted earnings (loss) per share
 
 
8,716,712
 
 
8,667,771