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Note 9 - Shareholders' Equity
3 Months Ended
Jan. 31, 2015
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
(9)
Shareholders’ Equity
 
The Company’s Board of Directors approved a plan 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. At the time the plan was approved, the Company anticipated that the purchases would be made over a 12- to 24-month period, but there was no definite time period for repurchase. As of January 31, 2015, the Company had completed its plan and repurchased and retired a total of 320,000 shares of its outstanding common stock. The repurchase of these shares and the costs associated with the repurchase, including brokerage fees, totaled $1.4 million.
 
On January 15, 2015, the Company declared a quarterly cash dividend of $0.02 per share on its common stock totaling $135,215. This amount is included in accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet as of January 31, 2015.