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Condensed Consolidated Balance Sheets (USD $)
Jan. 31, 2012
Oct. 31, 2011
Assets    
Cash $ 454,653 $ 1,091,513
Trade accounts receivable, net of allowance for doubtful accounts of $136,972 at January 31, 2012 and $145,616 at October 31, 2011 9,583,124 10,797,820
Other receivables 453,108 510,714
Income taxes refundable 385,738 434,124
Inventories 17,682,102 16,497,185
Prepaid expenses and other assets 534,259 374,028
Deferred income taxes - current 1,767,951 1,817,807
Total current assets 30,860,935 31,523,191
Property and equipment, net 12,228,035 12,544,465
Intangible assets, net 296,485 295,843
Deferred income taxes - noncurrent 463,181 426,770
Other assets, net 131,337 154,945
Total assets 43,979,973 44,945,214
Liabilities and Shareholders' Equity    
Current installments of long-term debt 193,457 190,593
Accounts payable and accrued expenses 4,664,878 5,426,467
Accrued compensation and payroll taxes 2,230,698 2,579,865
Income taxes payable 19,276  
Total current liabilities 7,108,309 8,196,925
Long-term debt, excluding current installments 7,951,517 8,000,311
Other noncurrent liabilities 996,011 1,025,003
Total liabilities 16,055,837 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 6,257,929 shares at January 31, 2012 and 6,287,761 at October 31, 2011 6,914,337 6,771,565
Retained earnings 21,535,737 21,437,609
Total shareholders' equity attributable to Optical Cable Corporation 28,450,074 28,209,174
Noncontrolling interest (525,938) (486,199)
Total shareholders' equity 27,924,136 27,722,975
Commitments and contingencies      
Total liabilities and shareholders' equity $ 43,979,973 $ 44,945,214