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Note 2 - Stock Incentive Plans and Other Share-based Compensation
 3 Months Ended
Jan. 31, 2015
Notes to Financial Statements  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
(2)
Stock Incentive Plans and Other Share-Based Compensation
 
As of January 31, 2015, there were approximately 148,000 shares available for grant under the Optical Cable Corporation Amended and Restated 2011 Stock Incentive Plan (“Amended 2011 Plan”).
 
Share-based compensation expense for employees, a consultant and non-employee Directors recognized in the condensed consolidated statements of operations for the three months ended January 31, 2015 was $250,494. Share-based compensation expense for employees and non-employee Directors recognized in the condensed consolidated statements of operations for the three months ended January 31, 2014 was $155,412. Share-based compensation expense is entirely related to expense recognized in connection with the vesting of restricted stock awards.
 
Restricted Stock Awards
 
The Company has granted, and anticipates granting from time to time, restricted stock awards subject to approval by the Compensation Committee of the Board of Directors.
 
Restricted stock award activity during the three months ended January 31, 2015 consisted of 36,802 restricted shares withheld for taxes in connection with the vesting of restricted shares.
 
As of January 31, 2015, the estimated amount of compensation cost related to unvested equity-based compensation awards in the form of service-based and operational performance-based shares that the Company will have to recognize over a 3.6 year weighted-average period is approximately $2.3 million.