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Condensed Consolidated Balance Sheets (USD $)
Oct. 31, 2012
Oct. 31, 2011
Assets    
Cash $ 591,038 $ 1,091,513
Trade accounts receivable, net of allowance for doubtful accounts of $92,148 in 2012 and $145,616 in 2011 12,601,402 10,797,820
Other receivables 216,212 510,714
Income taxes refundable 118,058 434,124
Inventories 18,464,019 16,497,185
Prepaid expenses and other assets 484,406 374,028
Deferred income taxes - current 2,289,530 1,817,807
Total current assets 34,764,665 31,523,191
Property and equipment, net 11,648,166 12,544,465
Intangible assets, net 245,956 295,843
Deferred income taxes - noncurrent 513,817 426,770
Other assets, net 589,741 154,945
Total assets 47,762,345 44,945,214
Liabilities and Shareholders' Equity    
Current installments of long-term debt 247,739 190,593
Accounts payable and accrued expenses 4,191,633 5,426,467
Accrued compensation and payroll taxes 3,464,452 2,579,865
Income taxes payable 22,937  
Total current liabilities 7,926,761 8,196,925
Note payable to bank 1,000,000  
Long-term debt, excluding current installments 7,755,680 8,000,311
Other noncurrent liabilities 1,044,862 1,025,003
Total liabilities 17,727,303 17,222,239
Shareholders' equity:    
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding      
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 6,411,592 shares in 2012 and 6,287,761 in 2011 8,024,544 6,771,565
Retained earnings 22,619,814 21,437,609
Total shareholders' equity attributable to Optical Cable Corporation 30,644,358 28,209,174
Noncontrolling interest (609,316) (486,199)
Total shareholders' equity 30,035,042 27,722,975
Commitments and contingencies      
Total liabilities and shareholders' equity $ 47,762,345 $ 44,945,214