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Quarterly Results Of Operations (Unaudited)
12 Months Ended
Oct. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results Of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
The following is a summary of the unaudited quarterly results of operations for the years ended October 31, 2013 and 2012:
 
 
 
Quarter ended
Fiscal year ended October 31, 2013
 
January 31
 
April 30
 
July 31
 
October 31
Net sales
 
$
17,295,453

 
$
19,124,600

 
$
19,601,919

 
$
19,244,066

Gross profit
 
6,523,939

 
6,665,577

 
6,129,020

 
6,593,756

Income (loss) before income taxes
 
151,494

 
157,568

 
(219,464
)
 
185,712

Net income (loss) attributable to Optical Cable Corporation
 
129,820

 
42,485

 
(124,611
)
 
(90,531
)
Basic and diluted net income (loss) per share attributable to Optical Cable Corporation
 
$
0.02

 
$
0.01

 
$
(0.02
)
 
$
(0.02
)
Cash dividends declared per common share
 
$
0.02

 
$
0.02

 
$
0.02

 
$
0.02

 
 
 
Quarter ended
Fiscal year ended October 31, 2012
 
January 31
 
April 30
 
July 31
 
October 31
Net sales
 
$
17,334,015

 
$
22,051,197

 
$
22,003,689

 
$
22,134,429

Gross profit
 
6,150,054

 
8,860,894

 
8,786,953

 
7,755,185

Income before income taxes
 
192,461

 
1,377,432

 
1,732,652

 
580,990

Net income attributable to Optical Cable Corporation
 
192,444

 
948,925

 
1,173,428

 
434,520

Basic and diluted net income per share attributable to Optical Cable Corporation
 
$
0.03

 
$
0.15

 
$
0.18

 
$
0.07

Cash dividends declared per common share
 
$
0.015

 
$
0.015

 
$
0.015

 
$
0.015