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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Net sales $ 16,915,135 $ 20,781,340 $ 47,303,178 $ 56,816,291
Cost of goods sold 11,453,444 15,072,497 33,787,761 40,052,746
Gross profit 5,461,691 5,708,843 13,515,417 16,763,545
Selling, general and administrative expenses 5,074,839 6,084,514 15,513,897 18,279,348
Royalty expense, net 38,920 27,059 105,249 117,333
Amortization of intangible assets 4,194 2,600 11,322 7,674
Income (loss) from operations 343,738 (405,330) (2,115,051) (1,640,810)
Other expense, net:        
Interest expense (166,154) (114,248) (459,672) (319,282)
Other, net 3,419 3,331 19,752 7,678
Other expense, net 162,735 110,917 439,920 311,604
Income (loss) before income taxes 181,003 (516,247) (2,554,971) (1,952,414)
Income tax expense (benefit) (7,160) 46,106 7,181 (630,011)
Net income (loss) 188,163 (562,353) (2,562,152) (1,322,403)
Net income (loss) attributable to noncontrolling interest 10,219 (22,172) (31,504)
Net income (loss) attributable to OCC $ 188,163 $ (572,572) $ (2,539,980) $ (1,290,899)
Net income (loss) attributable to OCC per share: Basic and diluted (in dollars per share) $ 0.03 $ (0.09) $ (0.40) $ (0.21)
Cash dividends declared per common share (in dollars per share) $ 0.02 $ 0.06