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Earnings per share (Tables)
6 Months Ended
Apr. 30, 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 April 30,
 
Six Months Ended April 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
 
 
8,759,570
 
 
8,509,970
 
 
8,738,012
 
 
8,395,952
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Add effects of potentially dilutive securities-assumed exercise of stock options
 
 
-
 
 
373,212
 
 
-
 
 
377,715
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for diluted earnings per share
 
 
8,759,570
 
 
8,883,182
 
 
8,738,012
 
 
8,773,667