$OCC
OPTICAL CABLE CORP

2015 Q2 Form 10-Q Financial Statement

#000143774915012211 Filed on June 12, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $18.68M $20.19M
YoY Change -7.5% 5.57%
Cost Of Revenue $13.01M $13.53M
YoY Change -3.87% 8.94%
Gross Profit $5.669M $6.660M
YoY Change -14.87% -0.08%
Gross Profit Margin 30.36% 32.99%
Selling, General & Admin $6.474M $6.836M
YoY Change -5.29% 6.81%
% of Gross Profit 114.2% 102.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $510.0K $500.0K
YoY Change 2.0% -5.66%
% of Gross Profit 9.0% 7.51%
Operating Expenses $6.474M $6.836M
YoY Change -5.29% 6.48%
Operating Profit -$841.8K -$202.8K
YoY Change 315.12% -182.57%
Interest Expense $103.4K $111.0K
YoY Change -6.88% -200.92%
% of Operating Profit
Other Income/Expense, Net -$96.77K -$109.8K
YoY Change -11.87% 998.06%
Pretax Income -$938.5K -$312.6K
YoY Change 200.25% -298.38%
Income Tax -$430.7K -$156.4K
% Of Pretax Income
Net Earnings -$490.1K -$143.3K
YoY Change 242.1% -437.24%
Net Earnings / Revenue -2.62% -0.71%
Basic Earnings Per Share
Diluted Earnings Per Share -$79.42K -$23.18K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $670.0K $290.0K
YoY Change 131.03% -62.82%
Cash & Equivalents $668.5K $290.8K
Short-Term Investments
Other Short-Term Assets $3.430M $2.250M
YoY Change 52.44% -5.06%
Inventory $18.68M $18.47M
Prepaid Expenses
Receivables $10.09M $11.50M
Other Receivables $240.0K $1.260M
Total Short-Term Assets $33.10M $33.77M
YoY Change -1.99% 1.32%
LONG-TERM ASSETS
Property, Plant & Equipment $12.82M $12.64M
YoY Change 1.46% -1.48%
Goodwill
YoY Change
Intangibles $504.2K
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.890M $720.0K
YoY Change 162.48% -46.67%
Total Long-Term Assets $15.22M $13.76M
YoY Change 10.6% -4.84%
TOTAL ASSETS
Total Short-Term Assets $33.10M $33.77M
Total Long-Term Assets $15.22M $13.76M
Total Assets $48.32M $47.53M
YoY Change 1.65% -0.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.960M $4.650M
YoY Change 6.67% 1.31%
Accrued Expenses $1.290M $1.970M
YoY Change -34.52% 27.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $275.0K $260.0K
YoY Change 5.77% 4.0%
Total Short-Term Liabilities $6.531M $7.030M
YoY Change -7.1% 10.02%
LONG-TERM LIABILITIES
Long-Term Debt $7.088M $10.36M
YoY Change -31.58% -2.54%
Other Long-Term Liabilities $539.4K $890.0K
YoY Change -39.39% -6.32%
Total Long-Term Liabilities $7.627M $11.25M
YoY Change -32.2% -2.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.531M $7.030M
Total Long-Term Liabilities $7.627M $11.25M
Total Liabilities $18.92M $17.73M
YoY Change 6.7% 1.84%
SHAREHOLDERS EQUITY
Retained Earnings $20.09M
YoY Change
Common Stock $10.05M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $30.14M $29.80M
YoY Change
Total Liabilities & Shareholders Equity $48.32M $47.53M
YoY Change 1.65% -0.54%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$490.1K -$143.3K
YoY Change 242.1% -437.24%
Depreciation, Depletion And Amortization $510.0K $500.0K
YoY Change 2.0% -5.66%
Cash From Operating Activities -$390.0K -$510.0K
YoY Change -23.53% -610.0%
INVESTING ACTIVITIES
Capital Expenditures -$910.0K -$710.0K
YoY Change 28.17% -5.33%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$910.0K -$710.0K
YoY Change 28.17% -4.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.270M 780.0K
YoY Change 62.82% -15.22%
NET CHANGE
Cash From Operating Activities -390.0K -510.0K
Cash From Investing Activities -910.0K -710.0K
Cash From Financing Activities 1.270M 780.0K
Net Change In Cash -30.00K -440.0K
YoY Change -93.18% -257.14%
FREE CASH FLOW
Cash From Operating Activities -$390.0K -$510.0K
Capital Expenditures -$910.0K -$710.0K
Free Cash Flow $520.0K $200.0K
YoY Change 160.0% -76.47%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q2 occ Royalty Revenue Expense
RoyaltyRevenueExpense
-34111
CY2014Q2 occ Royalty Revenue Expense
RoyaltyRevenueExpense
-16852
occ Royalty Revenue Expense
RoyaltyRevenueExpense
-90274
occ Royalty Revenue Expense
RoyaltyRevenueExpense
-46354
CY2015Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4962299
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5438519
CY2015Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10088549
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14076349
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
85870
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
68904
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
92988
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
74073
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
86184
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
6820
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2559
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9893
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5074
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19183
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
657148
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
611101
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
654048
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
586354
CY2015Q2 us-gaap Assets
Assets
48316336
CY2014Q4 us-gaap Assets
Assets
50038614
CY2015Q2 us-gaap Assets Current
AssetsCurrent
33098059
CY2014Q4 us-gaap Assets Current
AssetsCurrent
35376606
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
668450
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
979094
us-gaap Dividends Common Stock
DividendsCommonStock
276973
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
290800
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-421057
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-459503
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1089507
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
750303
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7083052
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6839778
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7083052
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6839778
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
10046378
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
9543686
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
13006796
CY2014Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
13530814
us-gaap Cost Of Goods Sold
CostOfGoodsSold
24980249
us-gaap Cost Of Goods Sold
CostOfGoodsSold
24658082
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-259289
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
64490
CY2015Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
2747120
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1933653
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
320509
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
259707
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
26038
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
996899
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.09
CY2015Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1293896
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2895100
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
85870
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
7316
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
85870
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
7316
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5815
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2871
CY2015Q2 us-gaap Gross Profit
GrossProfit
5669311
CY2014Q2 us-gaap Gross Profit
GrossProfit
6659915
us-gaap Gross Profit
GrossProfit
11054702
us-gaap Gross Profit
GrossProfit
12067577
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-938546
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-312583
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1436167
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1080056
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-430673
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-156404
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1592159
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4005064
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-676117
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-480205
CY2015Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
89768
CY2014Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-507400
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1559953
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-612181
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1601204
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
508725
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
89768
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
479743
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1159150
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
238355
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-152082
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-82675
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-16341
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-30204
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-41319
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
98129
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
290636
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
504215
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
438696
CY2015Q2 us-gaap Interest Expense
InterestExpense
103374
CY2014Q2 us-gaap Interest Expense
InterestExpense
111017
us-gaap Interest Expense
InterestExpense
205034
us-gaap Interest Expense
InterestExpense
223946
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5432068
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5378114
CY2015Q2 us-gaap Inventory Net
InventoryNet
18677269
CY2014Q4 us-gaap Inventory Net
InventoryNet
17518119
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
9516847
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8663755
CY2015Q2 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
255542
CY2014Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
265295
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3472812
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3210955
CY2015Q2 us-gaap Liabilities
Liabilities
18918359
CY2014Q4 us-gaap Liabilities
Liabilities
19732324
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48316336
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
50038614
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6531199
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9301666
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
7363035
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
7497019
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
275004
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
269996
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7088031
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7227023
CY2015Q2 us-gaap Minority Interest
MinorityInterest
-742000
CY2014Q4 us-gaap Minority Interest
MinorityInterest
-700277
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1084886
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
72745
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1855573
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-938501
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
349630
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
406253
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-490144
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-143277
us-gaap Net Income Loss
NetIncomeLoss
-718327
us-gaap Net Income Loss
NetIncomeLoss
-555413
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-17729
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-12902
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-41723
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-44438
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-96773
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-109806
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-200687
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-200514
CY2015Q2 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
4500000
CY2014Q4 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
2500000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-841773
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-202777
us-gaap Operating Income Loss
OperatingIncomeLoss
-1235480
us-gaap Operating Income Loss
OperatingIncomeLoss
-879542
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1889845
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
789358
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
539422
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
677597
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6601
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1211
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4347
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23432
CY2015Q2 us-gaap Other Receivables
OtherReceivables
149931
CY2014Q4 us-gaap Other Receivables
OtherReceivables
180135
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
373982
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
272146
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
262671
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
220872
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
43526
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
70593
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
70565
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1785480
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
867936
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
676972
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
578843
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
2500000
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
1000000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
500
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
100000
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
190000
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
150000
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
165000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
106415
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
134535
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-28668
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-102720
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
185083
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
212255
CY2015Q2 us-gaap Product Warranty Expense
ProductWarrantyExpense
117336
us-gaap Product Warranty Expense
ProductWarrantyExpense
156415
CY2014Q2 us-gaap Product Warranty Expense
ProductWarrantyExpense
88996
us-gaap Product Warranty Expense
ProductWarrantyExpense
109535
us-gaap Profit Loss
ProfitLoss
-760050
us-gaap Profit Loss
ProfitLoss
-599851
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-507873
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-156179
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12824217
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13113445
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-17264
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12111
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
633984
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
628374
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
20093599
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
21462881
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
18676107
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
20190729
us-gaap Sales Revenue Net
SalesRevenueNet
36034951
us-gaap Sales Revenue Net
SalesRevenueNet
36725659
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6474414
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6835947
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12194834
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12881582
us-gaap Share Based Compensation
ShareBasedCompensation
637694
us-gaap Share Based Compensation
ShareBasedCompensation
464013
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
416822
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
373982
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
30139977
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
31006567
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
29397977
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
30306290
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
698051
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6166556
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6036591
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6212340
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6039381

Files In Submission

Name View Source Status
0001437749-15-012211-index-headers.html Edgar Link pending
0001437749-15-012211-index.html Edgar Link pending
0001437749-15-012211.txt Edgar Link pending
0001437749-15-012211-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
occ-20150430.xml Edgar Link completed
occ-20150430.xsd Edgar Link pending
occ-20150430_cal.xml Edgar Link unprocessable
occ-20150430_def.xml Edgar Link unprocessable
occ-20150430_lab.xml Edgar Link unprocessable
occ-20150430_pre.xml Edgar Link unprocessable
occ20150430_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending