Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jan. 31, 2018	Oct. 31, 2017
Current assets:
Cash	$ 528,949	$ 891,169
Trade accounts receivable, net of allowance for doubtful accounts of $107,808 at January 31, 2018 and $87,446 at October 31, 2017	11,309,222	8,940,540
Other receivables	22,123	72,098
Inventories	17,621,540	16,781,449
Prepaid expenses	453,328	418,122
Total current assets	29,935,162	27,103,378
Property and equipment, net	11,892,289	12,210,692
Income taxes refundable - noncurrent	35,118
Intangible assets, net	642,686	624,264
Other assets, net	106,085	200,846
Total assets	42,611,340	40,139,180
Current liabilities:
Current installments of long-term debt	253,266	250,726
Accounts payable and accrued expenses	4,996,246	2,590,252
Accrued compensation and payroll taxes	1,707,354	1,340,749
Income taxes payable	16,806	15,150
Total current liabilities	6,973,672	4,196,877
Note payable to bank	5,900,000	5,700,000
Long-term debt, excluding current installments	6,355,868	6,419,607
Other noncurrent liabilities	124,558	133,174
Total liabilities	19,354,098	16,449,658
Shareholders’ equity:
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding	0	0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 7,674,938 shares at January 31, 2018 and 7,315,605 shares at October 31, 2017	11,739,876	11,762,021
Retained earnings	11,517,366	11,927,501
Total shareholders’ equity	23,257,242	23,689,522
Commitments and contingencies
Total liabilities and shareholders’ equity	$ 42,611,340	$ 40,139,180

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.