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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2013
Net sales $ 73,568,738 $ 82,977,732 $ 75,266,038
Cost of goods sold 51,772,851 54,505,370 49,353,746
Gross profit 21,795,887 28,472,362 25,912,292
Selling, general and administrative expenses 24,042,554 26,989,262 24,996,440
Royalty expense, net 124,271 110,193 78,998
Amortization of intangible assets 10,860 40,612 69,733
Income (loss) from operations (2,381,798) 1,332,295 767,121
Other expense, net:      
Interest expense (439,921) (413,731) (466,601)
Other, net 6,656 (27,984) (25,210)
Other expense, net (433,265) (441,715) (491,811)
Income (loss) before income taxes (2,815,063) 890,580 275,310
Income tax expense 1,482,382 267,673 347,788
Net income (loss) (4,297,445) 622,907 (72,478)
Net loss attributable to noncontrolling interest (41,780) (61,320) (29,641)
Net income (loss) attributable to Optical Cable Corporation $ (4,255,665) $ 684,227 $ (42,837)
Net income (loss) attributable to Optical Cable Corporation per share - basic and diluted (in dollars per share) $ (0.69) $ 0.10 $ (0.01)
Dividends declared per share (in dollars per share) $ 0.08 $ 0.08 $ 0.08