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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2018
Oct. 31, 2017
OPERATING ACTIVITIES:    
Consolidated net income $ 5,846 $ 382
Income (loss) from discontinued operations (180) 212
Income from continuing operations 6,026 170
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Bad debt expense 8 10
Depreciation and amortization 513 506
Gain on sale of fixed assets (1) 0
Stock-based compensation expense 211 214
Deferred income taxes (79) (290)
Changes in operating assets and liabilities:    
Trade accounts receivable (1,360) (405)
Inventories (1,570) (158)
Other current assets (321) 878
Other long-term assets 21 72
Accounts payable 306 451
Accrued expenses 1,516 (486)
Income tax receivable 0 (66)
Other long-term liabilities 0 (128)
Net cash provided by operating activities from continuing operations 5,270 768
Net cash provided by operating activities from discontinued operations 945 831
INVESTING ACTIVITIES:    
Proceeds from landlord for tenant improvements 34 0
Proceeds from sale of fixed assets 1 0
Capital expenditures (266) (171)
Proceeds from sale of Comnet 4,200 0
Net cash provided by (used in) investing activities from continuing operations 3,969 (171)
Net cash used in investing activities from discontinued operations (272) 0
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 1,113 55
Excess tax benefit from exercise of stock options 0 5
Dividends paid (730) (707)
Net cash provided by (used in) financing activities 383 (647)
Net increase in cash and cash equivalents 10,295 781
Cash and cash equivalents of continuing operations, beginning of year 5,208 5,258
Cash and cash equivalents of discontinued operations, beginning of year 831 0
Cash and cash equivalents, beginning of year 6,039 5,258
Cash and cash equivalents, end of year 16,334 6,039
Less: cash and cash equivalents of discontinued operations 0 831
Cash and cash equivalents of continuing operations at end of year 16,334 5,208
Supplemental cash flow information – income taxes paid 1,826 349
Supplemental schedule of noncash investing and financing activities:    
Disposal of fully depreciated property and equipment 90 0
Write off of deferred rent from sale of Comnet $ 9 $ 0