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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 15,511 $ 11,820 $ 39,784 $ 40,302
Cost of sales 11,245 7,785 28,279 26,155
Gross profit 4,266 4,035 11,505 14,147
Operating expenses:        
Engineering 381 269 1,033 1,221
Selling and general 2,609 1,751 7,048 6,593
Total operating expenses 2,990 2,020 8,081 7,814
Operating income 1,276 2,015 3,424 6,333
Other income 39 13 75 19
Income from continuing operations before provision for income taxes 1,315 2,028 3,499 6,352
Provision for income taxes 277 386 760 1,241
Income from continuing operations 1,038 1,642 2,739 5,111
Income from discontinued operations, net of tax   89 0 278
Consolidated net income $ 1,038 $ 1,731 $ 2,739 $ 5,389
Earnings per share        
Continuing operations $ 0.11 $ 0.18 $ 0.29 $ 0.57
Discontinued operations   0.01 0.00 0.03
Net income per share 0.11 0.19 0.29 0.60
Earnings per share        
Continuing operations 0.11 0.17 0.28 0.54
Discontinued operations   0.01 0.00 0.03
Net income per share $ 0.11 $ 0.18 $ 0.28 $ 0.57
Weighted average shares outstanding        
Basic 9,363,528 9,202,095 9,343,067 9,045,340
Diluted 9,872,899 9,729,608 9,849,889 9,442,612