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Condensed Consolidated Balance Sheets (USD $)
Jul. 31, 2013
Oct. 31, 2012
Current assets:    
Cash $ 550,225 $ 591,038
Trade accounts receivable, net of allowance for doubtful accounts of $135,464 at July 31, 2013 and $92,148 at October 31, 2012 11,406,653 12,601,402
Other receivables 157,199 216,212
Income taxes refundable 335,531 118,058
Inventories 18,637,239 18,464,019
Prepaid expenses 476,149 484,406
Deferred income taxes - current 1,589,115 2,289,530
Total current assets 33,152,111 34,764,665
Property and equipment, net 13,298,768 11,648,166
Intangible assets, net 322,977 245,956
Deferred income taxes - noncurrent 1,038,832 513,817
Other assets, net 103,391 589,741
Total assets 47,916,079 47,762,345
Current liabilities:    
Current installments of long-term debt 255,839 247,739
Accounts payable and accrued expenses 4,226,945 4,191,633
Accrued compensation and payroll taxes 1,491,454 3,464,452
Income taxes payable 0 22,937
Total current liabilities 5,974,238 7,926,761
Note payable to bank 3,750,000 1,000,000
Long-term debt, excluding current installments 7,562,082 7,755,680
Deferred income taxes - noncurrent 31,388 0
Other noncurrent liabilities 945,662 1,044,862
Total liabilities 18,263,370 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 6,579,853 shares at July 31, 2013 and 6,411,592 at October 31, 2012 8,526,232 8,024,544
Retained earnings 21,741,287 22,619,814
Total shareholders' equity attributable to Optical Cable Corporation 30,267,519 30,644,358
Noncontrolling interest (614,810) (609,316)
Total shareholders' equity 29,652,709 30,035,042
Commitments and contingencies      
Total liabilities and shareholders' equity $ 47,916,079 $ 47,762,345