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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Net sales $ 20,781,340 $ 21,004,130 $ 56,816,291 $ 57,729,789
Cost of goods sold 15,072,497 13,665,652 40,052,746 38,323,734
Gross profit 5,708,843 7,338,478 16,763,545 19,406,055
Selling, general and administrative expenses 6,084,514 6,756,260 18,279,348 19,637,842
Royalty expense, net 27,059 32,474 117,333 78,828
Amortization of intangible assets 2,600 10,399 7,674 29,582
Income (loss) from operations (405,330) 539,345 (1,640,810) (340,197)
Other expense, net:        
Interest expense (114,248) (85,426) (319,282) (309,372)
Other, net 3,331 (20,941) 7,678 2,491
Other expense, net (110,917) (106,367) (311,604) (306,881)
Income (loss) before income taxes (516,247) 432,978 (1,952,414) (647,078)
Income tax expense (benefit) 46,106 154,831 (630,011) (325,374)
Net income (loss) (562,353) 278,147 (1,322,403) (321,704)
Net income (loss) attributable to noncontrolling interest 10,219 (14,337) (31,504) (58,775)
Net income (loss) attributable to OCC $ (572,572) $ 292,484 $ (1,290,899) $ (262,929)
Net income (loss) attributable to OCC per share: Basic and diluted (in dollars per share) $ (0.09) $ 0.04 $ (0.21) $ (0.04)
Dividends declared per share (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06