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Earnings per share (Tables)
6 Months Ended
Apr. 30, 2017
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,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
 
 
8,834,747
 
 
8,759,570
 
 
8,882,863
 
 
8,738,012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Add effects of potentially dilutive securities-assumed exercise of stock options
 
 
42,454
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding for diluted earnings per share
 
 
8,877,201
 
 
8,759,570
 
 
8,882,863
 
 
8,738,012