XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Note 2 - Business Acquisition (Tables) | 9 Months Ended
--- | ---
Jul. 31, 2022
Notes Tables |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Three Months Ended July 31, |  |  | Nine Months Ended July 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Revenue |  | $ | 23,842 |  |  | $ | 19,633 |  |  | $ | 68,369 |  |  | $ | 47,621 |
Net income |  |  | 771 |  |  |  | 1,326 |  |  |  | 1,510 |  |  |  | 5,992 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.08 |  |  | $ | 0.13 |  |  | $ | 0.15 |  |  | $ | 0.60 |
Diluted |  | $ | 0.08 |  |  | $ | 0.13 |  |  | $ | 0.15 |  |  | $ | 0.59 |
Basic |  |  | 10,127,244 |  |  |  | 9,979,578 |  |  |  | 10,100,767 |  |  |  | 9,955,193 |
Diluted |  |  | 10,238,932 |  |  |  | 10,150,396 |  |  |  | 10,233,209 |  |  |  | 10,131,172 |
Microlab/FXR LLC [Member] |
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
Cash consideration paid at closing |  | $ | 24,250,000 |
Post-closing adjustment |  |  | 225,000 |
Total consideration transferred |  | $ | 24,475,000 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Current assets |  | $ | 6,924,000 |
Property and equipment |  |  | 198,000 |
Intangible assets |  |  | 13,840,000 |
Goodwill |  |  | 5,215,000 |
Non-interest bearing liabilities |  |  | (1,702,000 | )
Net assets acquired at fair value |  | $ | 24,475,000 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rfil_MicrolabFXRLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |