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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