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Condensed Consolidated Balance Sheets (USD $)
Jul. 31, 2012
Oct. 31, 2011
Assets    
Cash $ 1,206,054 $ 1,091,513
Trade accounts receivable, net of allowance for doubtful accounts of $102,081 at July 31, 2012 and $145,616 at October 31, 2011 13,359,323 10,797,820
Other receivables 258,528 510,714
Income taxes refundable   434,124
Inventories 19,031,861 16,497,185
Prepaid expenses and other assets 407,448 374,028
Deferred income taxes - current 2,070,560 1,817,807
Total current assets 36,333,774 31,523,191
Property and equipment, net 11,662,235 12,544,465
Intangible assets, net 259,369 295,843
Deferred income taxes - noncurrent 527,193 426,770
Other assets, net 225,307 154,945
Total assets 49,007,878 44,945,214
Liabilities and Shareholders' Equity    
Current installments of long-term debt 200,565 190,593
Accounts payable and accrued expenses 5,629,248 5,426,467
Accrued compensation and payroll taxes 2,869,562 2,579,865
Income taxes payable 438,004  
Total current liabilities 9,137,379 8,196,925
Note payable to bank 1,300,000  
Long-term debt, excluding current installments 7,847,799 8,000,311
Other noncurrent liabilities 1,035,764 1,025,003
Total liabilities 19,320,942 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 6,486,100 shares at July 31, 2012 and 6,287,761 at October 31, 2011 7,667,230 6,771,565
Retained earnings 22,582,419 21,437,609
Total shareholders' equity attributable to Optical Cable Corporation 30,249,649 28,209,174
Noncontrolling interest (562,713) (486,199)
Total shareholders' equity 29,686,936 27,722,975
Commitments and contingencies      
Total liabilities and shareholders' equity $ 49,007,878 $ 44,945,214