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Note 6 - Commitments and Contingencies
12 Months Ended
Oct. 31, 2014
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
NOTE 6-
Contingencies and Commitments:
 
The Company leases warehouse and/or office facilities throughout the United States and Canada through month-to-month rental agreements.  
 
Leases for semi-truck trailers expire in 2015 and are classified as operating leases.  Six year leases for semi-trucks expire in 2018 and are classified as capital leases.  Rental payments including prior leases were $574 in 2014 and $581 in 2013. Amortization of equipment under capital lease was $284 in 2014.
 
The following is a schedule by years of future minimum lease payments for transportation leases:
 
Fiscal Year
 
Capital
Leases
   
Operating
Leases
   
Financing
Obligations
 
2015
    379       51       430  
2016
    379       -       379  
2017
    379       -       379  
2018
    723       -       723  
Total Minimum Lease Payments(a)
  $ 1,860     $ 51     $ 1,911  
Less: Amount representing executory costs
    (380
)
               
Less: Amount representing interest(b)
    (135
)
               
Present value of future minimum lease payments(c)
  $ 1,345                  
 
(a) Minimum payments exclude contingent rentals based on actual mileage and adjustments of rental payments based on the Consumer Price Index. Contingent rentals amounted to $116 in 2014 and $127 in 2013 including prior lease arrangements.
(b) Amount necessary to reduce net minimum lease payments to present value calculated at the Company’s incremental borrowing rate at the inception of the leases.
(c) Reflected in the Note 2, as current and noncurrent obligations under capital leases of $241 and $1,104, respectively.