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Discontinued operations (Tables)
12 Months Ended
Oct. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Summary Financial Information Related to RF Neulink
The following summarized financial information related to the RF Neulink, RadioMobile and Bioconnect divisions is segregated from continuing operations and reported as discontinued operations for the year ended October 31, 2017 (in thousands):
 
 
 
2017
 
 
 
 
 
Royalties
 
$
174
 
Bioconnect
 
 
10
 
Provision for income taxes
 
 
(68
)
Income from discontinued operations, net of tax
 
$
116
 
Summary Constituting the income (loss) of Discontinued Operations The major line items constituting the income (loss) of discontinued operations of Comnet are as follows (in thousands):
 
 
 
Years Ended October 31,
 
 
 
2018
 
 
2017
 
Major line items constituting pretax income from discontinued operations:
 
 
 
 
 
 
 
 
Net sales
 
$
8,343
 
 
$
7,981
 
Cost of sales
 
 
(6,199
)
 
 
(6,246
)
Gross profit
 
 
2,144
 
 
 
1,735
 
Selling, general and administrative expense
 
 
(1,569
)
 
 
(1,567
)
Pretax income from discontinued operations
 
 
575
 
 
 
168
 
Pretax loss on sale of Comnet
 
 
(796
)
 
 
-
 
Total pretax income (loss) from discontinued operations
 
 
(221
)
 
 
168
 
Provision (benefit) for income taxes
 
 
(41
)
 
 
72
 
Income (loss) from discontinued operations
 
$
(180
)
 
$
96
 
Summary Consolidated Balance Sheet, Major Classes of Assets and Liabilities of Assets Held for Sale
For the prior 2017 period presented on the consolidated balance sheet, the major classes of assets and liabilities of assets held for sale are as follows (in thousands):
 
 
 
October 31,
 
 
 
2017
 
Carrying amounts of major classes of assets included as part of discontinued operations:
 
 
 
 
Cash and cash equivalents
 
$
831
 
Trade accounts receivable, net of allowance for doubtful accounts
 
 
998
 
Inventories
 
 
566
 
Other current assets
 
 
239
 
Fixed assets, net
 
 
146
 
Non-amortizable intangibles
 
 
580
 
Intangibles, net of accumulated amortization
 
 
1,387
 
Goodwill
 
 
1,879
 
Total assets included in Comnet sale
 
$
6,626
 
 
 
 
 
 
Carrying amounts of major classes of liabilities included as part of discontinued operations:
 
 
 
 
Accounts payable
 
$
320
 
Other liabilities
 
 
451
 
Total liabilities included in Comnet sale
 
$
771