Note 9 - Segment Information and Business and Credit Concentrations

3 Months Ended

Jan. 31, 2016

Concentration Risk Disclosure [Text Block]

(9)	Segment Information and Business and Credit Concentrations

The Company provides credit, in the normal course of business, to various commercial enterprises, governmental entities and not-for-profit organizations. Concentration of credit risk with respect to trade receivables is limited due to the Company’s large number of customers. The Company also manages exposure to credit risk through credit approvals, credit limits and monitoring procedures. Management believes that credit risks as of January 31, 2016 and October 31, 2015 have been adequately provided for in the condensed consolidated financial statements.

For the three months ended January 31, 2016, 11.9% and 9.8% of consolidated net sales were attributable to two customers. For the three months ended January 31, 2015, 13.2% and 11.8% of consolidated net sales were attributable to the same two customers.

For the three months ended January 31, 2016 and 2015, approximately 76% and 78%, respectively, of consolidated net sales were from customers in the United States, and approximately 24% and 22%, respectively, were from customers outside of the United States.

The Company has a single reportable segment for purposes of segment reporting, exclusive of Centric Solutions LLC (“Centric Solutions”). For the three months ended January 31, 2016 and 2015, Centric Solutions generated revenues, net of intercompany sales, totaling $88,897 and $282,489, respectively, and operating losses of $92,691 and $100,308, respectively. Total assets of Centric Solutions of approximately $148,000 (net of intercompany amounts) are included in the total consolidated assets of the Company as of January 31, 2016.