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Condensed Consolidated Balance Sheets (USD $)
Apr. 30, 2013
Oct. 31, 2012
Assets    
Cash $ 783,154 $ 591,038
Trade accounts receivable, net of allowance for doubtful accounts of $74,779 at April 30, 2013 and $92,148 at October 31, 2012 10,454,102 12,601,402
Other receivables 122,320 216,212
Income taxes refundable 139,256 118,058
Inventories 19,468,344 18,464,019
Prepaid expenses 496,996 484,406
Deferred income taxes - current 1,870,645 2,289,530
Total current assets 33,334,817 34,764,665
Property and equipment, net 12,834,267 11,648,166
Intangible assets, net 274,159 245,956
Deferred income taxes - noncurrent 867,401 513,817
Other assets, net 484,148 589,741
Total assets 47,794,792 47,762,345
Liabilities and Shareholders' Equity    
Current installments of long-term debt 253,110 247,739
Accounts payable and accrued expenses 4,586,936 4,191,633
Accrued compensation and payroll taxes 1,548,055 3,464,452
Income taxes payable   22,937
Total current liabilities 6,388,101 7,926,761
Note payable to bank 3,000,000 1,000,000
Long-term debt, excluding current installments 7,627,314 7,755,680
Deferred income taxes - noncurrent 37,657  
Other noncurrent liabilities 948,980 1,044,862
Total liabilities 18,002,052 17,727,303
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 6,243,206 shares at April 30, 2013 and 6,411,592 at October 31, 2012 8,390,120 8,024,544
Retained earnings 21,997,603 22,619,814
Total shareholders' equity attributable to Optical Cable Corporation 30,387,723 30,644,358
Noncontrolling interest (594,983) (609,316)
Total shareholders' equity 29,792,740 30,035,042
Commitments and contingencies      
Total liabilities and shareholders' equity $ 47,794,792 $ 47,762,345