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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net sales $ 16,340,153 $ 18,676,107 $ 30,388,043 $ 36,034,951
Cost of goods sold 11,788,858 13,006,796 22,334,317 24,980,249
Gross profit 4,551,295 5,669,311 8,053,726 11,054,702
Selling, general and administrative expenses 5,351,577 6,474,414 10,439,058 12,194,834
Royalty expense, net 51,551 34,111 66,329 90,274
Amortization of intangible assets 3,846 2,559 7,128 5,074
Loss from operations (855,679) (841,773) (2,458,789) (1,235,480)
Other expense, net:        
Interest expense (135,704) (103,374) (293,518) (205,034)
Other, net (1,270) 6,601 16,333 4,347
Other expense, net (136,974) (96,773) (277,185) (200,687)
Loss before income taxes (992,653) (938,546) (2,735,974) (1,436,167)
Income tax expense (benefit) (9,531) (430,673) 14,341 (676,117)
Net loss $ (983,122) (507,873) (2,750,315) (760,050)
Net loss attributable to noncontrolling interest (17,729) (22,172) (41,723)
Net loss attributable to OCC $ (983,122) $ (490,144) $ (2,728,143) $ (718,327)
Net loss attributable to OCC per share: Basic and diluted (in dollars per share) $ (0.15) $ (0.08) $ (0.43) $ (0.12)
Cash dividends declared per common share (in dollars per share) $ 0.02 $ 0.04