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Note 18 - Quarterly Results of Operations (Unaudited)
 12 Months Ended
Oct. 31, 2016
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
(18)
Quarterly Results of Operations (Unaudited)
 
The following is a summary of the unaudited quarterly results of operations for the years ended
October 31,
2016
and
2015:
 
 
 
Quarter ended
 
Fiscal year ended October 31, 2016
 
January 31
 
 
April 30
 
 
July 31
 
 
October 31
 
Net sales
   $
14,047,890
    $
16,340,153
    $
16,915,135
    $
17,312,823
 
Gross profit
    
3,502,431
     
4,551,295
     
5,461,691
     
6,209,719
 
Selling, general & administrative expenses
    
5,087,481
     
5,351,577
     
5,074,839
     
5,246,838
 
Income (loss) before income taxes
    
(1,743,321
 )    
(992,653
 )    
181,003
     
759,876
 
Net income (loss) attributable to Optical Cable Corporation
    
(1,745,021
 )    
(983,122
 )    
188,163
     
761,158
 
Basic and diluted net income (loss) per share attributable to Optical Cable Corporation
   $
(0.28
 )   $
(0.15
 )   $
0.03
    $
0.11
 
Cash dividends declared per common share
   $
0.00
    $
0.00
    $
0.00
    $
0.00
 
 
 
 
Quarter ended
 
Fiscal year ended October 31, 2015
 
January 31
 
 
April 30
 
 
July 31
 
 
October 31
 
Net sales
   $
17,358,844
    $
18,676,107
    $
20,781,340
    $
16,752,447
 
Gross profit
    
5,385,391
     
5,669,311
     
5,708,843
     
5,032,342
 
Selling, general & administrative expenses
    
5,720,420
     
6,474,414
     
6,084,514
     
5,763,206
 
Loss before income taxes
    
(497,621
 )    
(938,546
 )    
(516,247
 )    
(862,649
 )
Net loss attributable to Optical Cable Corporation
    
(228,183
 )    
(490,144
 )    
(572,572
 )    
(2,964,766
 )
Basic and diluted net loss per share attributable to Optical Cable Corporation
   $
(0.04
 )   $
(0.08
 )   $
(0.09
 )   $
(0.48
 )
Cash dividends declared per common share
   $
0.02
    $
0.02
    $
0.02
    $
0.02