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Condensed Consolidated Balance Sheets (USD $)
Jan. 31, 2014
Oct. 31, 2013
Current assets:    
Cash $ 726,562 $ 750,303
Trade accounts receivable, net of allowance for doubtful accounts of $66,818 at January 31, 2014 and $74,073 at October 31, 2013 8,705,466 9,951,970
Other receivables 140,930 225,016
Income taxes refundable 886,247 590,569
Inventories 19,212,037 18,234,279
Prepaid expenses 533,346 331,141
Deferred income taxes - current 1,708,632 1,726,695
Total current assets 31,913,220 31,809,973
Property and equipment, net 12,656,107 12,827,198
Intangible assets, net 352,607 340,807
Deferred income taxes - noncurrent 149,955 161,063
Other assets, net 237,956 275,858
Total assets 45,309,845 45,414,899
Current liabilities:    
Current installments of long-term debt 261,447 258,628
Accounts payable and accrued expenses 4,105,651 3,267,812
Accrued compensation and payroll taxes 1,415,275 1,297,591
Total current liabilities 5,782,373 4,824,031
Note payable to bank 2,000,000 2,500,000
Long-term debt, excluding current installments 7,431,288 7,497,042
Deferred income taxes - noncurrent 90,353 83,158
Other noncurrent liabilities 883,506 950,952
Total liabilities 16,187,520 15,855,183
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 6,547,871 shares at January 31, 2014 and 6,570,734 at October 31, 2013 8,816,869 8,679,435
Retained earnings 20,975,949 21,519,238
Total shareholders' equity attributable to Optical Cable Corporation 29,792,818 30,198,673
Noncontrolling interest (670,493) (638,957)
Total shareholders' equity 29,122,325 29,559,716
Commitments and contingencies      
Total liabilities and shareholders' equity $ 45,309,845 $ 45,414,899