$RFIL
R F INDUSTRIES LTD Stock $rfil

$rfil Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000114420415037093 Filed on June 15, 2015

Income Statement

Concept	2015 Q2	2014 Q2
Revenue	$7.592M	$5.764M
YoY Change	31.71%	-34.85%
Cost Of Revenue	$4.735M	$3.012M
YoY Change	57.2%	-38.47%
Gross Profit	$2.857M	$2.752M
YoY Change	3.82%	-30.36%
Gross Profit Margin	37.63%	47.74%
Selling, General & Admin	$2.065M	$1.775M
YoY Change	16.34%	-8.69%
% of Gross Profit	72.28%	64.5%
Research & Development	$188.0K	$214.0K
YoY Change	-12.15%	4.9%
% of Gross Profit	6.58%	7.78%
Depreciation & Amortization	$200.0K	$140.0K
YoY Change	42.86%	-12.5%
% of Gross Profit	7.0%	5.09%
Operating Expenses	$2.253M	$1.989M
YoY Change	13.27%	-7.4%
Operating Profit	$604.0K	$763.0K
YoY Change	-20.84%	-57.71%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$10.00K	$10.00K
YoY Change	0.0%	0.0%
Pretax Income	$614.0K	$770.0K
YoY Change	-20.26%	-57.46%
Income Tax	$250.0K	$310.0K
% Of Pretax Income	40.72%	40.26%
Net Earnings	$448.0K	$478.0K
YoY Change	-6.28%	-59.42%
Net Earnings / Revenue	5.9%	8.29%
Basic Earnings Per Share	$0.05	$0.06
Diluted Earnings Per Share	$0.05	$0.05
COMMON SHARES
Basic Shares Outstanding	8.510M shares	8.208M shares
Diluted Shares Outstanding	8.883M shares	8.746M shares

Balance Sheet

Concept	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$10.39M	$13.42M
YoY Change	-22.58%	58.07%
Cash & Equivalents	$10.39M	$13.42M
Short-Term Investments
Other Short-Term Assets	$1.030M	$687.0K
YoY Change	49.93%	-51.28%
Inventory	$5.550M	$5.574M
Prepaid Expenses
Receivables	$4.160M	$2.691M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$21.13M	$22.69M
YoY Change	-6.88%	2.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$910.0K	$928.0K
YoY Change	-1.94%	-12.45%
Goodwill		$3.076M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$20.00K	$21.00K
YoY Change	-4.76%	-30.0%
Total Long-Term Assets	$9.680M	$5.799M
YoY Change	66.93%	-5.86%
TOTAL ASSETS
Total Short-Term Assets	$21.13M	$22.69M
Total Long-Term Assets	$9.680M	$5.799M
Total Assets	$30.81M	$28.49M
YoY Change	8.15%	0.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.420M	$307.0K
YoY Change	362.54%	-54.85%
Accrued Expenses	$1.480M	$1.154M
YoY Change	28.25%	-44.78%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.320M	$1.513M
YoY Change	119.43%	-49.06%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$320.0K
YoY Change
Total Long-Term Liabilities	$320.0K	$0.00
YoY Change		-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.320M	$1.513M
Total Long-Term Liabilities	$320.0K	$0.00
Total Liabilities	$4.450M	$2.463M
YoY Change	80.67%	-39.19%
SHAREHOLDERS EQUITY
Retained Earnings		$9.229M
YoY Change
Common Stock		$16.80M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$26.36M	$26.03M
YoY Change
Total Liabilities & Shareholders Equity	$30.81M	$28.49M
YoY Change	8.15%	0.49%

Cashflow Statement

Concept	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	$448.0K	$478.0K
YoY Change	-6.28%	-59.42%
Depreciation, Depletion And Amortization	$200.0K	$140.0K
YoY Change	42.86%	-12.5%
Cash From Operating Activities	-$140.0K	$1.100M
YoY Change	-112.73%	0.0%
INVESTING ACTIVITIES
Capital Expenditures	$210.0K	-$50.00K
YoY Change	-520.0%	150.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00
YoY Change
Cash From Investing Activities	$210.0K	-$50.00K
YoY Change	-520.0%	150.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-590.0K	-420.0K
YoY Change	40.48%	-191.3%
NET CHANGE
Cash From Operating Activities	-140.0K	1.100M
Cash From Investing Activities	210.0K	-50.00K
Cash From Financing Activities	-590.0K	-420.0K
Net Change In Cash	-520.0K	630.0K
YoY Change	-182.54%	-59.09%
FREE CASH FLOW
Cash From Operating Activities	-$140.0K	$1.100M
Capital Expenditures	$210.0K	-$50.00K
Free Cash Flow	-$350.0K	$1.150M
YoY Change	-130.43%	2.68%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8395952	shares
CY2014Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	73000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	83000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	17230000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8543000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	25856000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	29029000	USD
CY2014Q4	rfil	Business Acquisition Of Cost Of Acquired Entity Purchase Price BusinessAcquisitionOfCostOfAcquiredEntityPurchasePrice	4795000	USD
CY2015Q2	rfil	Business Acquisition Cost Of Acquired Entity Purchase Price Value BusinessAcquisitionCostOfAcquiredEntityPurchasePriceValue	4150000	USD
	us-gaap	Business Acquisition Effective Date Of Acquisition1 BusinessAcquisitionEffectiveDateOfAcquisition1	2014-11-01
CY2014Q4	rfil	Business Acquisition Purchases Price Noninterest Bearing Liabilities BusinessAcquisitionPurchasesPriceNoninterestBearingLiabilities	1429000	USD
CY2015Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	39000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	30000	USD
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8510697	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8255979	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8510697	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8255979	shares
CY2014Q4	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	3090000	USD
CY2014Q4	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	1060000	USD
CY2014Q4	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	645000	USD
CY2014Q4	rfil	Business Acquisition Cost Of Acquired Entity Purchases Price BusinessAcquisitionCostOfAcquiredEntityPurchasesPrice	4795000	USD
	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	252381	shares
CY2014Q4	rfil	Business Acquisition Purchases Price Allocation Current Assets BusinessAcquisitionPurchasesPriceAllocationCurrentAssets	1875000	USD
CY2014Q4	rfil	Business Acquisition Purchases Price Allocation Fixed Assets BusinessAcquisitionPurchasesPriceAllocationFixedAssets	150000	USD
CY2014Q4	rfil	Business Acquisition Purchases Price Allocation Intangible Assets Other Than Goodwill BusinessAcquisitionPurchasesPriceAllocationIntangibleAssetsOtherThanGoodwill	1888000	USD
CY2014Q4	rfil	Business Acquisition Purchases Price Allocation Goodwill Amount BusinessAcquisitionPurchasesPriceAllocationGoodwillAmount	2311000	USD
	rfil	Business Acquisition Cash Deposited Into Bank BusinessAcquisitionCashDepositedIntoBank	300000	USD
	rfil	Business Acquisition Unregistered Common Stock Shares BusinessAcquisitionUnregisteredCommonStockShares	252381	shares
	rfil	Business Acquisition Unregistered Common Stock Value BusinessAcquisitionUnregisteredCommonStockValue	1060000	USD
CY2015Q2	us-gaap	Business Acquisition Percentage Of Voting Interests Acquired BusinessAcquisitionPercentageOfVotingInterestsAcquired	1	pure
	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	3090000	USD
CY2015Q2	us-gaap	Business Acquisition Share Price BusinessAcquisitionSharePrice	4.20
CY2014Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	1784000	USD
CY2014Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	12000	USD
CY2014Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3463000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8509970	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8175376	shares
CY2014Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	538080	shares
CY2015Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	373212	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	614376	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	377715	shares
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8746358	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8883182	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8789752	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8773667	shares
CY2014Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	228903	shares
CY2015Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	624209	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	228069	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	624209	shares
CY2014Q2	us-gaap	Revenues Revenues	5764000	USD
CY2015Q2	us-gaap	Revenues Revenues	8076000	USD
	us-gaap	Revenues Revenues	11614000	USD
	us-gaap	Revenues Revenues	14969000	USD
CY2014Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	3012000	USD
CY2015Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	5007000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	6280000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	9400000	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	2752000	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	3069000	USD
	us-gaap	Gross Profit GrossProfit	5334000	USD
	us-gaap	Gross Profit GrossProfit	5569000	USD
CY2014Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	214000	USD
CY2015Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	225000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	470000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	442000	USD
CY2014Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1775000	USD
CY2015Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2121000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3762000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4378000	USD
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	1989000	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	2346000	USD
	us-gaap	Operating Expenses OperatingExpenses	4232000	USD
	us-gaap	Operating Expenses OperatingExpenses	4820000	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	763000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	723000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1102000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	749000	USD
CY2014Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	7000	USD
CY2015Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	10000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	14000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	15000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	770000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	733000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1116000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	764000	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	310000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	286000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	393000	USD
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	1000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	19000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	14000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	264000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	460000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	447000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	723000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	500000	USD
CY2014Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	18000	USD
CY2015Q1	us-gaap	Share Price SharePrice	1.01
CY2014Q2	us-gaap	Share Based Compensation ShareBasedCompensation	224000	USD
CY2015Q2	us-gaap	Share Based Compensation ShareBasedCompensation	51000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	271000	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	478000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	448000	USD
	us-gaap	Net Income Loss NetIncomeLoss	742000	USD
	us-gaap	Net Income Loss NetIncomeLoss	514000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.06
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.05
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.09
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.06
CY2014Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.00
CY2015Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.00
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.00
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.00
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2014Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.05
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.05
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.08
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.06
CY2014Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0.00
CY2015Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0.00
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0.00
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0.00
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0111	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0089	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0438	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0638	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y6M
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.529	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.473	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y8M12D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P3Y10M24D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P4Y8M12D
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	1500000	USD
CY2015Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	1500000	USD
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	1500000	USD
CY2015Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	593000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P4Y18D
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1060000	USD
CY2015Q2	rfil	Nonemployee Director Annual Grant NonemployeeDirectorAnnualGrant	30000	USD
CY2015Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued	44748	shares
CY2015Q1	rfil	Share Based Goods And Non Employee Services Transaction Value Of Stock Option Issued ShareBasedGoodsAndNonEmployeeServicesTransactionValueOfStockOptionIssued	15000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.99
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.00
CY2015Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	9600000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	11614000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	14969000	USD
	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.13	pure
CY2015Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	399000	USD
	rfil	Concentration Agreement With Major Customer For Past Year ConcentrationAgreementWithMajorCustomerForPastYear	P15Y
CY2015Q2	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.07	pure
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1500000	USD
CY2014Q2	us-gaap	Sales Revenue Net SalesRevenueNet	5764000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	8076000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	770000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	733000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1116000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	764000	USD
CY2014Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	145000	USD
CY2015Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	199000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	294000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	389000	USD
CY2015Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2015Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2014Q2	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.4	pure
CY2015Q2	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.39	pure
	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.35	pure
CY2014Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	840000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	462000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-49000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	277000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-587000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-784000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	2249000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	59000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-59000	USD
	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.35	pure
CY2015Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	632000	USD
CY2015Q2	rfil	Accrued Inventory Receipts Current AccruedInventoryReceiptsCurrent	519000	USD
CY2014Q4	rfil	Accrued Inventory Receipts Current AccruedInventoryReceiptsCurrent	422000	USD
CY2015Q2	rfil	Accrued Earn Out Liability AccruedEarnOutLiability	327000	USD
CY2014Q4	rfil	Accrued Earn Out Liability AccruedEarnOutLiability	0	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	160000	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	456000	USD
CY2014Q2	us-gaap	Sale Leaseback Transaction Annual Rental Payments SaleLeasebackTransactionAnnualRentalPayments	19000	USD
CY2014Q2	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2017-03-31
CY2015Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.07
CY2014Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.07
CY2015Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.07
CY2015Q2	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	22828	shares
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	12000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	907000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-169000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-4000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	0	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	0	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	1060000	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2015-04-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Registrant Name EntityRegistrantName	R F INDUSTRIES LTD
	dei	Entity Central Index Key EntityCentralIndexKey	0000740664
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	RFIL
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	8561164	shares
	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
	us-gaap	Inventory Write Down InventoryWriteDown	10000	USD
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	541000	USD

Files In Submission

Name	View Source	Status
0001144204-15-037093-index-headers.html	Edgar Link	pending
0001144204-15-037093-index.html	Edgar Link	pending
0001144204-15-037093.txt	Edgar Link	pending
0001144204-15-037093-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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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
rfil-20150430.xml	Edgar Link	completed
rfil-20150430.xsd	Edgar Link	pending
rfil-20150430_cal.xml	Edgar Link	unprocessable
rfil-20150430_def.xml	Edgar Link	unprocessable
rfil-20150430_lab.xml	Edgar Link	unprocessable
rfil-20150430_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
v412439_10q.htm	Edgar Link	pending
v412439_ex31-1.htm	Edgar Link	pending
v412439_ex31-2.htm	Edgar Link	pending
v412439_ex32-1.htm	Edgar Link	pending
v412439_ex32-2.htm	Edgar Link	pending
v412439_ex99-1.htm	Edgar Link	pending

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$RFIL
R F INDUSTRIES LTD Stock $rfil

2015 Q2 Form 10-Q Financial Statement

#000114420415037093 Filed on June 15, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RFIL R F INDUSTRIES LTD Stock $rfil

2015 Q2 Form 10-Q Financial Statement

#000114420415037093 Filed on June 15, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RFIL
R F INDUSTRIES LTD Stock $rfil