Property And Equipment, Net

12 Months Ended

Oct. 31, 2011

Property And Equipment, Net [Abstract]

(5) Property and Equipment, Net

Property and equipment, net as of October 31, 2011 and 2010 consists of the following:


		October 31,
		2011			2010

Land	$	3,144,068		$	3,144,068
Building and improvements		7,761,553			7,601,627
Machinery and equipment		19,242,068			18,924,498
Furniture and fixtures		932,859			963,532
Construction in progress		320,847			115,813

Total property and equipment, at cost		31,401,395			30,749,538

Less accumulated amortization and depreciation		(18,856,930	)		(17,624,424	)

Property and equipment, net	$	12,544,465		$	13,125,114

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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