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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
OPERATING ACTIVITIES:    
Consolidated net income $ 2,739 $ 5,389
Income from discontinued operations 0 278
Income from continuing operations 2,739 5,111
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities:    
Bad debt expense 2 20
Depreciation and amortization 418 383
Loss on disposal of fixed assets 0 (1)
Stock-based compensation expense 260 189
Deferred income taxes 0 67
Changes in operating assets and liabilities:    
Trade accounts receivable (4,358) (2,183)
Inventories (498) (799)
Other current assets 146 (302)
Other long-term assets 0 21
Accounts payable 129 400
Accrued expenses (908) 1,385
Income tax receivable 0 (103)
Other long-term liabilities 80 0
Net cash provided by (used in) operating activities from continuing operations (1,990) 4,188
Net cash provided by operating activities from discontinued operations 0 1,003
INVESTING ACTIVITIES:    
Proceeds from landlord for tenant improvements 0 34
Proceeds from sale of inventory 0 1
Capital expenditures (429) (146)
Purchase of C Enterprises, net of cash acquired ($143) (457) 0
Net cash used in investing activities from continuing operations (886) (111)
Net cash used in investing activities from discontinued operations 0 (2)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 414 1,018
Dividends paid (560) (544)
Net cash provided by (used in) financing activities (146) 474
Net increase (decrease) in cash and cash equivalents (3,022) 5,552
Cash and cash equivalents of continuing operations, beginning of period 16,334 6,039
Cash and cash equivalents, end of period 13,312 11,591
Less: cash and cash equivalents of discontinued operations 0 1,082
Cash and cash equivalents of continuing operations, end of period 13,312 10,509
Supplemental cash flow information - income taxes paid 613 1,503
Supplemental schedule of noncash investing and financing activities:    
Sale of fully depreciated property and equipment $ 0 $ 12