$OCC
OPTICAL CABLE CORP Stock $occ

$occ Overview Financials Valuation SEC Filings Company Website

2013 Q3 Form 10-Q Financial Statement

#000100023013000006 Filed on September 12, 2013

Income Statement

Concept	2013 Q3	2012 Q4	2012 Q3
Revenue	$19.60M	$22.13M	$22.00M
YoY Change	-10.92%	12.53%	17.17%
Cost Of Revenue	$13.47M	$14.39M	$13.22M
YoY Change	1.94%	18.83%	9.96%
Gross Profit	$6.129M	$7.755M	$8.787M
YoY Change	-30.25%	2.72%	29.98%
Gross Profit Margin	31.27%	35.04%	39.93%
Selling, General & Admin	$6.152M	$7.030M	$6.898M
YoY Change	-10.82%	2.18%	10.73%
% of Gross Profit	100.38%	90.65%	78.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$500.0K	$540.0K	$520.0K
YoY Change	-3.85%	-16.92%	-18.75%
% of Gross Profit	8.16%	6.96%	5.92%
Operating Expenses	$6.152M	$7.060M	$6.898M
YoY Change	-10.82%	1.0%	8.98%
Operating Profit	-$101.1K	$695.2K	$1.877M
YoY Change	-105.39%	24.14%	336.55%
Interest Expense	$125.2K	-$120.0K	$143.5K
YoY Change	-12.79%	-20.0%	-195.69%
% of Operating Profit		-17.26%	7.65%
Other Income/Expense, Net	-$118.4K	$20.00K	-$144.5K
YoY Change	-18.11%	-300.0%	622.67%
Pretax Income	-$219.5K	$581.0K	$1.733M
YoY Change	-112.67%	41.7%	593.06%
Income Tax	-$75.03K	$190.0K	$554.3K
% Of Pretax Income		32.7%	31.99%
Net Earnings	-$124.6K	$434.5K	$1.173M
YoY Change	-110.62%	81.05%	877.86%
Net Earnings / Revenue	-0.64%	1.96%	5.33%
Basic Earnings Per Share
Diluted Earnings Per Share	-$23.12K	$66.36K	$175.4K
COMMON SHARES
Basic Shares Outstanding	6.576M shares		6.667M
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q3	2012 Q4	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$550.0K	$590.0K	$1.210M
YoY Change	-54.55%	-45.87%	1.68%
Cash & Equivalents	$550.2K	$591.0K	$1.206M
Short-Term Investments
Other Short-Term Assets	$2.070M	$2.770M	$2.480M
YoY Change	-16.53%	26.48%	23.38%
Inventory	$18.64M	$18.46M	$19.03M
Prepaid Expenses	$476.1K	$484.4K
Receivables	$11.41M	$12.60M	$13.36M
Other Receivables	$490.0K	$340.0K	$260.0K
Total Short-Term Assets	$33.15M	$34.76M	$36.33M
YoY Change	-8.75%	10.29%	20.1%
LONG-TERM ASSETS
Property, Plant & Equipment	$13.30M	$11.65M	$11.66M
YoY Change	14.05%	-7.11%	-7.53%
Goodwill
YoY Change
Intangibles	$323.0K	$246.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets	$103.4K	$589.7K	$750.0K
YoY Change	-86.21%	1.68%	-30.56%
Total Long-Term Assets	$14.76M	$13.00M	$12.68M
YoY Change	16.44%	-3.22%	-10.01%
TOTAL ASSETS
Total Short-Term Assets	$33.15M	$34.76M	$36.33M
Total Long-Term Assets	$14.76M	$13.00M	$12.68M
Total Assets	$47.92M	$47.76M	$49.01M
YoY Change	-2.23%	6.26%	10.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.230M	$4.190M	$5.630M
YoY Change	-24.87%	-22.84%	14.43%
Accrued Expenses	$1.490M	$3.460M	$2.870M
YoY Change	-48.08%	34.11%	55.98%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$255.8K	$247.7K	$200.0K
YoY Change	27.92%	30.39%	5.26%
Total Short-Term Liabilities	$5.974M	$7.927M	$9.140M
YoY Change	-34.64%	-3.33%	31.7%
LONG-TERM LIABILITIES
Long-Term Debt	$7.562M	$7.756M	$9.150M
YoY Change	-17.35%	-3.05%	1.1%
Other Long-Term Liabilities	$945.7K	$1.045M	$1.040M
YoY Change	-9.07%	1.44%	6.12%
Total Long-Term Liabilities	$8.508M	$8.801M	$10.19M
YoY Change	-16.51%	-2.54%	1.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.974M	$7.927M	$9.140M
Total Long-Term Liabilities	$8.508M	$8.801M	$10.19M
Total Liabilities	$18.26M	$17.73M	$18.76M
YoY Change	-2.65%	5.9%	13.42%
SHAREHOLDERS EQUITY
Retained Earnings	$21.74M	$22.62M
YoY Change
Common Stock	$8.526M	$8.025M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$30.27M	$30.64M	$30.25M
YoY Change
Total Liabilities & Shareholders Equity	$47.92M	$47.76M	$49.01M
YoY Change	-2.23%	6.26%	10.53%

Cashflow Statement

Concept	2013 Q3	2012 Q4	2012 Q3
OPERATING ACTIVITIES
Net Income	-$124.6K	$434.5K	$1.173M
YoY Change	-110.62%	81.05%	877.86%
Depreciation, Depletion And Amortization	$500.0K	$540.0K	$520.0K
YoY Change	-3.85%	-16.92%	-18.75%
Cash From Operating Activities	-$230.0K	$880.0K	$1.000M
YoY Change	-123.0%	-36.23%	-1528.57%
INVESTING ACTIVITIES
Capital Expenditures	-$530.0K	-$710.0K	-$320.0K
YoY Change	65.62%	195.83%	-48.39%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$530.0K	-$710.0K	-$320.0K
YoY Change	65.63%	184.0%	-47.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	520.0K	-790.0K	-500.0K
YoY Change	-204.0%	-35.77%	-196.15%
NET CHANGE
Cash From Operating Activities	-230.0K	880.0K	1.000M
Cash From Investing Activities	-530.0K	-710.0K	-320.0K
Cash From Financing Activities	520.0K	-790.0K	-500.0K
Net Change In Cash	-240.0K	-620.0K	180.0K
YoY Change	-233.33%	520.0%	-212.5%
FREE CASH FLOW
Cash From Operating Activities	-$230.0K	$880.0K	$1.000M
Capital Expenditures	-$530.0K	-$710.0K	-$320.0K
Free Cash Flow	$300.0K	$1.590M	$1.320M
YoY Change	-77.27%	-1.85%	140.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4191633	USD
CY2013Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4226945	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12601402	USD
CY2013Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	11406653	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	37052	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1062003	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	USD
CY2013Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	170971	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	802643	USD
CY2012Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	378530	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Charge Offs AllowanceForDoubtfulAccountsReceivableChargeOffs	34577	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Charge Offs AllowanceForDoubtfulAccountsReceivableChargeOffs	0	USD
CY2013Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	135464	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	92148	USD
CY2011Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	145616	USD
CY2012Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	102081	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	387	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	100566	USD
CY2013Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	13867	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	60396	USD
CY2012Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	33815	USD
CY2013Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	627558	shares
CY2012Q4	us-gaap	Assets Assets	47762345	USD
CY2013Q3	us-gaap	Assets Assets	47916079	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	34764665	USD
CY2013Q3	us-gaap	Assets Current AssetsCurrent	33152111	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	550225	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	591038	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1091513	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1206054	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	114541	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-40813	USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.045
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.06
CY2012Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.015
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.02
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.02
CY2012Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2013Q3	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6579853	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6411592	shares
CY2013Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6579853	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6411592	shares
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	8024544	USD
CY2013Q3	us-gaap	Common Stock Value CommonStockValue	8526232	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	36703436	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	37591000	USD
CY2012Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	13216736	USD
CY2013Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	13472899	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-353176	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	206788	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	2289530	USD
CY2013Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1589115	USD
CY2013Q3	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1038832	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	513817	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	0	USD
CY2013Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	31388	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1637195	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1525012	USD
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Standards Not Yet Adopted</font></div><div style="line-height:120%;padding-top:6px;padding-left:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued Accounting Standards Update 2013-11, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2013-11”). The amendments in ASU 2013-11 clarify that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. If a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date, then the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2013, with early adoption permitted. The adoption of ASU 2013-11 is not expected to have a material impact on the Company's results of operations, financial position or liquidity or its related financial statement disclosures. </font></div><div style="line-height:120%;padding-top:6px;padding-left:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There are no other new accounting standards issued, but not yet adopted by the Company, which are expected to materially impact the Company’s financial position, operating results or financial statement disclosures.</font></div></div>
	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	382801	USD
CY2013Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	131705	USD
CY2012Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.18
CY2013Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.36
CY2013Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1491454	USD
CY2012Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	3464452	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	37052	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-6387	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-6387	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	37052	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-11785	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-6974	USD
	us-gaap	Gross Profit GrossProfit	23797901	USD
CY2012Q3	us-gaap	Gross Profit GrossProfit	8786953	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	6129020	USD
	us-gaap	Gross Profit GrossProfit	19318536	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-219464	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3302545	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1732652	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	89598	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-75026	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1064262	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	47398	USD
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	554278	USD
CY2012Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	118058	USD
CY2013Q3	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	335531	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	46130	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	232067	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2552545	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1151820	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	431617	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	14115	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	289697	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-1972998	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	217473	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-434124	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	173220	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2534676	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-128485	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-16608	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-12884	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	0	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-252186	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	347423	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-59013	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-8257	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	41990	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	245956	USD
CY2013Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	322977	USD
	us-gaap	Interest Expense InterestExpense	346032	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	125184	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	143541	USD
	us-gaap	Interest Expense InterestExpense	435886	USD
CY2013Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	5249689	USD
CY2012Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	5909892	USD
CY2013Q3	us-gaap	Inventory Net InventoryNet	18637239	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	18464019	USD
CY2013Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	9013604	USD
CY2012Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	9106277	USD
CY2012Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	227427	USD
CY2013Q3	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	203730	USD
CY2012Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	3220423	USD
CY2013Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	4170216	USD
CY2012Q4	us-gaap	Liabilities Liabilities	17727303	USD
CY2013Q3	us-gaap	Liabilities Liabilities	18263370	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	47762345	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	47916079	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	7926761	USD
CY2013Q3	us-gaap	Liabilities Current LiabilitiesCurrent	5974238	USD
CY2013Q3	us-gaap	Long Term Debt LongTermDebt	7817921	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	8003419	USD
CY2013Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	255839	USD
CY2012Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	247739	USD
CY2012Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	7755680	USD
CY2013Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	7562082	USD
CY2013Q3	us-gaap	Minority Interest MinorityInterest	-614810	USD
CY2012Q4	us-gaap	Minority Interest MinorityInterest	-609316	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1372704	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-142524	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2794981	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-838399	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1095464	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1381464	USD
	us-gaap	Net Income Loss NetIncomeLoss	2314797	USD
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	1173428	USD
	us-gaap	Net Income Loss NetIncomeLoss	47694	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	-124611	USD
CY2013Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-19827	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-5494	USD
CY2012Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	4946	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-76514	USD
CY2012Q3	us-gaap	Net Investment Income NetInvestmentIncome	0	USD
CY2013Q3	us-gaap	Net Investment Income NetInvestmentIncome	0	USD
	us-gaap	Net Investment Income NetInvestmentIncome	8416	USD
	us-gaap	Net Investment Income NetInvestmentIncome	0	USD
CY2012Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-144534	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-431083	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-354385	USD
CY2013Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-118357	USD
CY2012Q4	us-gaap	Notes Payable To Bank Noncurrent NotesPayableToBankNoncurrent	1000000	USD
CY2013Q3	us-gaap	Notes Payable To Bank Noncurrent NotesPayableToBankNoncurrent	3750000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-101107	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	3733628	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	443983	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1877186	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	589741	USD
CY2013Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	103391	USD
CY2013Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	945662	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1044862	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8353	USD
CY2012Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-993	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6827	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3613	USD
CY2012Q4	us-gaap	Other Receivables OtherReceivables	216212	USD
CY2013Q3	us-gaap	Other Receivables OtherReceivables	157199	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	875863	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	543420	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	257783	USD
CY2012Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6898381	USD
CY2013Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6152223	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18745637	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1062003	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-62862	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	140592	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	211725	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	338007	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	159951	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	137417	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	64093	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2662564	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	774386	USD
CY2013Q3	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue
CY2012Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2012Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	484406	USD
CY2013Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	476149	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	4550000	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	4900000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	5000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	80	USD
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	250000	USD
CY2013Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	200000	USD
CY2012Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	190000	USD
CY2011Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	175000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-157913	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	218454	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	319638	USD
	us-gaap	Product Warranty Expense ProductWarrantyExpense	161725	USD
CY2012Q3	us-gaap	Product Warranty Expense ProductWarrantyExpense	121076	USD
CY2013Q3	us-gaap	Product Warranty Expense ProductWarrantyExpense	80085	USD
	us-gaap	Product Warranty Expense ProductWarrantyExpense	155592	USD
CY2012Q3	us-gaap	Profit Loss ProfitLoss	1178374	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	20273402	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	21741287	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	22619814	USD
CY2013Q3	us-gaap	Profit Loss ProfitLoss	-144438	USD
	us-gaap	Profit Loss ProfitLoss	42200	USD
	us-gaap	Profit Loss ProfitLoss	2238283	USD
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	13298768	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11648166	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1985498	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	3742540	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	56021972	USD
CY2012Q3	us-gaap	Sales Revenue Net SalesRevenueNet	22003689	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	61388901	USD
CY2013Q3	us-gaap	Sales Revenue Net SalesRevenueNet	19601919	USD
	occ	Provisionfor Recoveriesof Doubtful Accounts ProvisionforRecoveriesofDoubtfulAccounts	42929	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	802643	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	464636	USD
CY2012Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	320000	shares
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	30644358	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	30267519	USD
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	30035042	USD
CY2013Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	29652709	USD
CY2012Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	22937	USD
CY2013Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	USD
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6312700	shares
CY2013Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	5779230	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6449227	shares
CY2012Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6667481	shares
	occ	Provisionfor Recoveriesof Doubtful Accounts ProvisionforRecoveriesofDoubtfulAccounts	-8958	USD
CY2012Q3	occ	Purchase And Retire Percentage Of Shares In Common Stock Outstanding PurchaseAndRetirePercentageOfSharesInCommonStockOutstanding	0.049
	occ	Repurchase And Retirement Of Common Stock At Cost RepurchaseAndRetirementOfCommonStockAtCost	543420	USD
	occ	Royalty Revenue Expense RoyaltyRevenueExpense	309695	USD
CY2013Q3	occ	Royalty Revenue Expense RoyaltyRevenueExpense	-64037	USD
	occ	Royalty Revenue Expense RoyaltyRevenueExpense	-68520	USD
CY2012Q3	occ	Royalty Revenue Expense RoyaltyRevenueExpense	22429	USD
	occ	Treasury Stock Shares Acquired And Retired TreasuryStockSharesAcquiredAndRetired	123500	shares
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Period End Date DocumentPeriodEndDate	2013-07-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001000230
CY2013Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	6575903	shares
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Registrant Name EntityRegistrantName	OPTICAL CABLE CORP

Files In Submission

Name	View Source	Status
0001000230-13-000006-index-headers.html	Edgar Link	pending
0001000230-13-000006-index.html	Edgar Link	pending
0001000230-13-000006.txt	Edgar Link	pending
0001000230-13-000006-xbrl.zip	Edgar Link	pending
a20130731q3occ.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
occ-20130731.xml	Edgar Link	completed
occ-20130731.xsd	Edgar Link	pending
occ-20130731_cal.xml	Edgar Link	unprocessable
occ-20130731_def.xml	Edgar Link	unprocessable
occ-20130731_lab.xml	Edgar Link	unprocessable
occ-20130731_pre.xml	Edgar Link	unprocessable
occ20130731exhibit311.htm	Edgar Link	pending
occ20130731exhibit312.htm	Edgar Link	pending
occ20130731exhibit321.htm	Edgar Link	pending
occ20130731exhibit322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
R10.htm	Edgar Link	pending
R10.xml	Edgar Link	unprocessable
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R11.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R12.xml	Edgar Link	unprocessable
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R13.xml	Edgar Link	unprocessable
R14.htm	Edgar Link	pending
R14.xml	Edgar Link	unprocessable
R15.htm	Edgar Link	pending
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R16.htm	Edgar Link	pending
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R17.htm	Edgar Link	pending
R17.xml	Edgar Link	unprocessable
R18.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R27.xml	Edgar Link	unprocessable
R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
R3.xml	Edgar Link	unprocessable
R30.htm	Edgar Link	pending
R30.xml	Edgar Link	unprocessable
R31.htm	Edgar Link	pending
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R32.xml	Edgar Link	unprocessable
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R6.xml	Edgar Link	unprocessable
R7.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R8.xml	Edgar Link	unprocessable
R9.htm	Edgar Link	pending
R9.xml	Edgar Link	unprocessable
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OCC
OPTICAL CABLE CORP Stock $occ

2013 Q3 Form 10-Q Financial Statement

#000100023013000006 Filed on September 12, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC OPTICAL CABLE CORP Stock $occ

2013 Q3 Form 10-Q Financial Statement

#000100023013000006 Filed on September 12, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC
OPTICAL CABLE CORP Stock $occ