XML 13 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Apr. 30, 2012
Condensed Consolidated Statements Of Income [Abstract]        
Net sales $ 19,124,600 $ 22,051,197 $ 36,420,053 $ 39,385,212
Cost of goods sold 12,459,023 13,190,303 23,230,537 24,374,264
Gross profit 6,665,577 8,860,894 13,189,516 15,010,948
Selling, general and administrative expenses 6,404,779 7,410,169 12,593,414 13,375,021
Royalty (income) expense, net (43,834) (101,740) 4,483 (287,266)
Amortization of intangible assets 23,305 33,376 46,529 66,751
Income from operations 281,327 1,519,089 545,090 1,856,442
Other expense, net:        
Interest income   8,416   8,416
Interest expense (113,250) (148,644) (220,848) (292,345)
Other, net (10,509) (1,429) (15,180) (2,620)
Other expense, net (123,759) (141,657) (236,028) (286,549)
Income before income taxes 157,568 1,377,432 309,062 1,569,893
Income tax expense 82,162 470,228 122,424 509,984
Net income 75,406 907,204 186,638 1,059,909
Net loss attributable to noncontrolling interest 32,921 (41,721) 14,333 (81,460)
Net income attributable to OCC $ 42,485 $ 948,925 $ 172,305 $ 1,141,369
Net income attributable to OCC per share: Basic and diluted $ 0.01 $ 0.15 $ 0.03 $ 0.18
Cash dividends declared per common share $ 0.02 $ 0.015 $ 0.04 $ 0.03