Note 9 - Segment Information and Business and Credit Concentrations

6 Months Ended

Apr. 30, 2018

Concentration Risk Disclosure [Text Block]

(

)

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 normally limited due to the Company’s large number of customers; however, at

April 30, 2018,

61.2%

of the Company’s trade accounts receivable is from

one

customer. The Company also manages exposure to credit risk through credit approvals, credit limits and monitoring procedures. Management believes that credit risks as of

April 30, 2018

have been adequately provided for in the condensed consolidated financial statements.

For the

three

months and

six

months ended

April 30, 2018,

47.7%

and

37.3%,

respectively, of consolidated net sales were attributable to

one

customer. For the

three

months and

six

months ended

April 30, 2017,

16.6%

and

16.5%,

respectively, of consolidated net sales were attributable to a different customer.

The Company has

single reportable segment for purposes of segment reporting.