(19) Quarterly Results of Operations (Unaudited)

The following is a summary of the unaudited quarterly results of operations for the years ended October 31, 2011 and 2010:


				Quarter ended
Fiscal year ended October 31, 2011		January 31		April 30			July 31		October 31

Net sales	$	17,712,784	$	17,184,460		$	18,775,145	$	19,667,202
Gross profit		6,424,840		5,943,140			6,509,124		7,414,117
Income (loss) before income taxes		378,469		(179,844	)		252,110		405,016
Net income (loss) attributable to
Optical Cable Corporation		402,311		(89,843	)		117,809		236,039
Basic and diluted net income (loss) per share
attributable to Optical Cable Corporation		0.06		(0.02	)		0.02		0.04
Cash dividends declared per common share		0.01		0.01			0.01		0.01


					Quarter ended
Fiscal year ended October 31, 2010		January 31			April 30			July 31		October 31

Net sales	$	15,007,235		$	15,255,913		$	18,779,340	$	18,463,686
Gross profit		5,501,101			4,285,531			6,806,742		7,166,580
Income (loss) before income taxes		(600,610	)		(7,940,724	)		816,322		1,805,995
Net income (loss) attributable to
Optical Cable Corporation		(315,854	)		(7,466,129	)		575,369		1,473,689
Basic and diluted net income (loss) per share
attributable to Optical Cable Corporation		(0.05	)		(1.27	)		0.09		0.23
Cash dividends declared per common share		—			—			—		0.01