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v3.6.0.2

Consolidated Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Oct. 31, 2016 | Oct. 31, 2015 | Oct. 31, 2014
Net sales | $ 64,616,001 | $ 73,568,738 | $ 82,977,732
Cost of goods sold | 44,890,865 | 51,772,851 | 54,505,370
Gross profit | 19,725,136 | 21,795,887 | 28,472,362
Selling, general and administrative expenses | 20,760,735 | 24,042,554 | 26,989,262
Royalty expense, net | 164,463 | 124,271 | 110,193
Amortization of intangible assets | 16,903 | 10,860 | 40,612
Income (loss) from operations | (1,216,965) | (2,381,798) | 1,332,295
Other expense, net: |  |  |
Interest expense | (620,810) | (439,921) | (413,731)
Other, net | 42,680 | 6,656 | (27,984)
Other expense, net | 578,130 | 433,265 | 441,715
Income (loss) before income taxes | (1,795,095) | (2,815,063) | 890,580
Total Net Income Tax Expense (Benefit) | 5,899 | 1,482,382 | 267,673
Net income (loss) | (1,800,994) | (4,297,445) | 622,907
Net loss attributable to noncontrolling interest | (22,172) | (41,780) | (61,320)
Net income (loss) attributable to Optical Cable Corporation | $ (1,778,822) | $ (4,255,665) | $ 684,227
Net income (loss) attributable to Optical Cable Corporation per share - basic and diluted (in dollars per share) | $ (0.28) | $ (0.69) | $ 0.10
Dividends declared per share (in dollars per share) | $ 0 | $ 0.08 | $ 0.08

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