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Shareholders' Equity
 3 Months Ended
Jan. 31, 2013
Shareholders' Equity [Abstract]  
Shareholders' Equity

(9) Shareholders' Equity

The Company has a plan, approved by its Board of Directors on September 20, 2012, to purchase and retire up to 320,000 shares of the Company's common stock, or approximately 4.9% of the shares then outstanding. The Company anticipates that the purchases will be made over a 12- to 24-month period unless the entire number of shares expected to be purchased under the plan is sooner acquired. As of January 31, 2013, the Company had 123,500 shares of its outstanding common stock remaining to purchase under this plan.

On December 6, 2012, the Company declared a quarterly cash dividend of $0.02 per share on its common stock totaling $126,102. This amount was distributed on December 21, 2012; therefore, there is no liability associated with common stock dividends declared included in accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet as of January 31, 2013.