$RFIL
R F INDUSTRIES LTD Stock $rfil

$rfil Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000114420415054536 Filed on September 11, 2015

Income Statement

Concept	2015 Q3	2014 Q4	2014 Q3
Revenue	$8.315M	$5.970M	$5.536M
YoY Change	50.2%	-29.01%	-41.59%
Cost Of Revenue	$5.765M	$3.330M	$3.048M
YoY Change	89.14%	-32.86%	-45.66%
Gross Profit	$2.550M	$2.630M	$2.488M
YoY Change	2.49%	-23.55%	-36.98%
Gross Profit Margin	30.67%	44.05%	44.94%
Selling, General & Admin	$2.397M	$1.840M	$1.632M
YoY Change	46.88%	-4.66%	-17.87%
% of Gross Profit	94.0%	69.96%	65.59%
Research & Development	$210.0K	$250.0K	$228.0K
YoY Change	-7.89%	-37.5%	14.0%
% of Gross Profit	8.24%	9.51%	9.16%
Depreciation & Amortization	$330.0K	$140.0K	$160.0K
YoY Change	106.25%	-17.65%	0.0%
% of Gross Profit	12.94%	5.32%	6.43%
Operating Expenses	$2.607M	$2.100M	$1.860M
YoY Change	40.16%	-9.87%	-14.95%
Operating Profit	-$57.00K	$530.0K	$628.0K
YoY Change	-109.08%	-52.25%	-64.34%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$4.000K	$10.00K	$10.00K
YoY Change	-60.0%	0.0%	0.0%
Pretax Income	-$53.00K	$540.0K	$635.0K
YoY Change	-108.35%	-52.21%	-64.04%
Income Tax	-$112.0K	$290.0K	$277.0K
% Of Pretax Income		53.7%	43.62%
Net Earnings	$211.0K	$330.0K	$372.0K
YoY Change	-43.28%	1000.0%	-59.43%
Net Earnings / Revenue	2.54%	5.53%	6.72%
Basic Earnings Per Share	$0.02		$0.05
Diluted Earnings Per Share	$0.02	$38.02K	$0.04
COMMON SHARES
Basic Shares Outstanding	8.545M shares		8.250M shares
Diluted Shares Outstanding	8.917M shares		8.719M shares

Balance Sheet

Concept	2015 Q3	2014 Q4	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.910M	$14.72M	$14.24M
YoY Change	-44.45%	23.91%	32.1%
Cash & Equivalents	$7.908M	$14.72M	$14.24M
Short-Term Investments
Other Short-Term Assets	$1.041M	$618.0K	$610.0K
YoY Change	70.66%	-60.18%	20.79%
Inventory	$7.263M	$5.259M	$5.612M
Prepaid Expenses
Receivables	$3.915M	$2.428M	$2.589M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$20.54M	$23.44M	$23.37M
YoY Change	-12.11%	2.31%	2.05%
LONG-TERM ASSETS
Property, Plant & Equipment	$962.0K	$829.0K	$883.0K
YoY Change	8.95%	-21.27%	-14.52%
Goodwill	$5.913M	$3.076M	$3.076M
YoY Change	92.23%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$38.00K	$21.00K	$21.00K
YoY Change	80.95%	-30.0%	-30.0%
Total Long-Term Assets	$12.81M	$5.590M	$5.698M
YoY Change	124.82%	-7.5%	-6.25%
TOTAL ASSETS
Total Short-Term Assets	$20.54M	$23.44M	$23.37M
Total Long-Term Assets	$12.81M	$5.590M	$5.698M
Total Assets	$33.35M	$29.03M	$29.07M
YoY Change	14.73%	0.26%	0.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.980M	$867.0K	$697.0K
YoY Change	184.07%	9.47%	-25.29%
Accrued Expenses	$2.882M	$1.422M	$1.475M
YoY Change	95.39%	-18.32%	-23.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.861M	$2.362M	$2.180M
YoY Change	122.98%	-8.59%	-27.72%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$946.0K	$0.00
YoY Change
Total Long-Term Liabilities	$946.0K	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.861M	$2.362M	$2.180M
Total Long-Term Liabilities	$946.0K	$0.00	$0.00
Total Liabilities	$7.106M	$3.173M	$3.134M
YoY Change	126.74%	-10.22%	-23.43%
SHAREHOLDERS EQUITY
Retained Earnings	$7.494M	$8.543M	$9.023M
YoY Change	-16.95%	-11.31%	-9.23%
Common Stock	$18.75M	$17.31M	$16.91M
YoY Change	10.87%	9.67%	13.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$26.24M	$25.86M	$25.93M
YoY Change
Total Liabilities & Shareholders Equity	$33.35M	$29.03M	$29.07M
YoY Change	14.73%	0.26%	0.31%

Cashflow Statement

Concept	2015 Q3	2014 Q4	2014 Q3
OPERATING ACTIVITIES
Net Income	$211.0K	$330.0K	$372.0K
YoY Change	-43.28%	1000.0%	-59.43%
Depreciation, Depletion And Amortization	$330.0K	$140.0K	$160.0K
YoY Change	106.25%	-17.65%	0.0%
Cash From Operating Activities	$1.020M	$1.100M	$1.390M
YoY Change	-26.62%	61.76%	-49.82%
INVESTING ACTIVITIES
Capital Expenditures	-$20.00K	-$40.00K	-$50.00K
YoY Change	-60.0%	-69.23%	-44.44%
Acquisitions
YoY Change
Other Investing Activities	-$2.880M
YoY Change
Cash From Investing Activities	-$2.900M	-$40.00K	-$50.00K
YoY Change	5700.0%	-69.23%	-44.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-610.0K	-590.0K	-510.0K
YoY Change	19.61%	-207.27%	30.77%
NET CHANGE
Cash From Operating Activities	1.020M	1.100M	1.390M
Cash From Investing Activities	-2.900M	-40.00K	-50.00K
Cash From Financing Activities	-610.0K	-590.0K	-510.0K
Net Change In Cash	-2.490M	470.0K	830.0K
YoY Change	-400.0%	-57.27%	-63.76%
FREE CASH FLOW
Cash From Operating Activities	$1.020M	$1.100M	$1.390M
Capital Expenditures	-$20.00K	-$40.00K	-$50.00K
Free Cash Flow	$1.040M	$1.140M	$1.440M
YoY Change	-27.78%	40.74%	-49.65%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	38000	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	21000	USD
CY2015Q3	us-gaap	Assets Assets	33350000	USD
CY2015Q3	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	1387000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1187000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	3076000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	829000	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2558000	USD
CY2014Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	777000	USD
CY2014Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	2610000	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	618000	USD
CY2015Q3	us-gaap	Other Assets Current OtherAssetsCurrent	1041000	USD
CY2014Q4	us-gaap	Assets Assets	29029000	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4440000	USD
CY2015Q3	us-gaap	Goodwill Goodwill	5913000	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	962000	USD
CY2015Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3161000	USD
CY2015Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	970000	USD
CY2015Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3153000	USD
CY2015Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	416000	USD
CY2015Q3	us-gaap	Inventory Net InventoryNet	7263000	USD
CY2015Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3915000	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7908000	USD
CY2014Q4	us-gaap	Due From Officers Or Stockholders Noncurrent DueFromOfficersOrStockholdersNoncurrent	67000	USD
CY2014Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1422000	USD
CY2015Q3	us-gaap	Liabilities Current LiabilitiesCurrent	4861000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	688000	USD
CY2015Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2455000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6833000	USD
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	1860000	USD
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	2702000	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	628000	USD
CY2015Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	946000	USD
CY2015Q3	us-gaap	Liabilities Liabilities	7106000	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	33350000	USD
CY2014Q3	us-gaap	Revenues Revenues	5536000	USD
CY2014Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	410000	USD
CY2015Q3	us-gaap	Due From Officers Or Stockholders Noncurrent DueFromOfficersOrStockholdersNoncurrent	67000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	5259000	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2428000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14718000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	277000	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	867000	USD
CY2015Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2882000	USD
CY2015Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	USD
CY2014Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	73000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2362000	USD
CY2015Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	1299000	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	811000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	0	USD
CY2014Q4	us-gaap	Liabilities Liabilities	3173000	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	86000	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26244000	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
CY2015Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	18664000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	17230000	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7494000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8543000	USD
CY2015Q3	us-gaap	Revenues Revenues	8899000	USD
	us-gaap	Revenues Revenues	23868000	USD
CY2014Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	3048000	USD
CY2015Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	6064000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	15464000	USD
CY2014Q3	us-gaap	Gross Profit GrossProfit	2488000	USD
CY2015Q3	us-gaap	Gross Profit GrossProfit	2835000	USD
	us-gaap	Gross Profit GrossProfit	8404000	USD
CY2014Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	228000	USD
CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	247000	USD
CY2014Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1632000	USD
CY2014Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	7000	USD
CY2015Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-44000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	220000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	182000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	682000	USD
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	14000	USD
CY2015Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	29000	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	372000	USD
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.08
CY2015Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.01
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2014Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.04
CY2015Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.02
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.08
CY2014Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0
CY2015Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8250042	shares
CY2014Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	358000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-922000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1781000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2356000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-6810000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8545300	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8446223	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8718656	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8916643	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8820438	shares
	us-gaap	Net Income Loss NetIncomeLoss	1114000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	-36000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	15000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	5000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	445000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	719000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	323000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	184000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	277000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-45000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-602000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	323000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-383000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	380000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-942000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	322000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-9000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	0	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-95000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	133000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	277000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-122000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-305000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-444000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3387000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	243000	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	5132000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	109000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	140000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-109000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5272000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	524000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	37000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	277000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-45000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1723000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1773000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11881000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14237000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	627000	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	0	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	1260000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
	us-gaap	Inventory Write Down InventoryWriteDown	10000	USD
CY2015Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	3257000	USD
CY2015Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	238000	USD
CY2014Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	12000	USD
CY2015Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3768000	USD
CY2014Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	1784000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	30000	USD
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q3	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
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8571831	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8571831	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8255979	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8255979	shares
CY2014Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3463000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8200476	shares
CY2014Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	468614	shares
CY2015Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	371343	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	563117	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	374215	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8763593	shares
	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	0.0115	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	0.0668	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.523	pure
CY2014Q3	us-gaap	Sales Revenue Net SalesRevenueNet	5536000	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	8899000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	23868000	USD
CY2015Q3	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	812000	USD
CY2014Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	840000	USD
CY2015Q3	rfil	Accrued Inventory Receipts Current AccruedInventoryReceiptsCurrent	947000	USD
CY2014Q4	rfil	Accrued Inventory Receipts Current AccruedInventoryReceiptsCurrent	422000	USD
CY2015Q3	rfil	Accrued Earn Out Liability AccruedEarnOutLiability	899000	USD
CY2014Q4	rfil	Accrued Earn Out Liability AccruedEarnOutLiability	0	USD
CY2015Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	224000	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	160000	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2015-07-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	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
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	8571831	shares
CY2015Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4123000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3387000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	47000	USD
	us-gaap	Revenues Revenues	17150000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	9328000	USD
	us-gaap	Gross Profit GrossProfit	7822000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	697000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5395000	USD
	us-gaap	Operating Expenses OperatingExpenses	6092000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1730000	USD
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.14
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	0.00
	us-gaap	Investment Income Interest InvestmentIncomeInterest	22000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1752000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	670000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1082000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	32000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.13
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	USD
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	14000	USD
	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	2100000	USD
CY2015Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	22828	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.08
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.99
CY2015Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	820161	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	252182	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	820161	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	228069	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y3M18D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1060000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y2M12D
	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	P5Y2M12D
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	1600000	USD
CY2015Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	1600000	USD
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	1600000	USD
CY2015Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	737000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P6Y
CY2015Q3	rfil	Nonemployee Director Annual Grant NonemployeeDirectorAnnualGrant	30000	USD
CY2015Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued	14916	shares
CY2015Q1	rfil	Share Based Goods And Non Employee Services Transaction Value Of Stock Option Issued ShareBasedGoodsAndNonEmployeeServicesTransactionValueOfStockOptionIssued	15000	USD
CY2015Q1	us-gaap	Share Price SharePrice	1.01
CY2015Q3	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	6700000	USD
	rfil	Concentration Agreement With Major Customer For Past Year ConcentrationAgreementWithMajorCustomerForPastYear	P15Y
CY2014Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	388000	USD
CY2014Q3	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.07	pure
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1800000	USD
	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.11	pure
CY2014Q2	us-gaap	Sale Leaseback Transaction Annual Rental Payments SaleLeasebackTransactionAnnualRentalPayments	19000	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	399000	USD
CY2014Q2	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2017-03-31
	us-gaap	Sales Revenue Net SalesRevenueNet	17150000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	902000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1752000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	138000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	635000	USD
CY2014Q1	us-gaap	Line Of Credit Facility Interest Rate During Period LineOfCreditFacilityInterestRateDuringPeriod	0.030	pure
CY2014Q1	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2016-06-30
CY2015Q3	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.32	pure
CY2014Q3	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.44	pure
	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.24	pure
	rfil	Total Provision As Percentage Of Pre Tax Income TotalProvisionAsPercentageOfPreTaxIncome	0.38	pure
CY2015Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2014Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	758000	USD
	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	50467	shares
	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	200000	USD
CY2014Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1700000	USD
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1700000	USD
CY2015Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1800000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1800000	USD
CY2015Q3	us-gaap	Share Based Compensation ShareBasedCompensation	83000	USD
CY2014Q3	us-gaap	Share Based Compensation ShareBasedCompensation	52000	USD

Files In Submission

Name	View Source	Status
0001144204-15-054536-index-headers.html	Edgar Link	pending
0001144204-15-054536-index.html	Edgar Link	pending
0001144204-15-054536.txt	Edgar Link	pending
0001144204-15-054536-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.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-20150731.xml	Edgar Link	completed
rfil-20150731.xsd	Edgar Link	pending
rfil-20150731_cal.xml	Edgar Link	unprocessable
rfil-20150731_def.xml	Edgar Link	unprocessable
rfil-20150731_lab.xml	Edgar Link	unprocessable
rfil-20150731_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
v419824_10q.htm	Edgar Link	pending
v419824_ex31-1.htm	Edgar Link	pending
v419824_ex31-2.htm	Edgar Link	pending
v419824_ex32-1.htm	Edgar Link	pending
v419824_ex32-2.htm	Edgar Link	pending
v419824_ex99-1.htm	Edgar Link	pending

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$RFIL
R F INDUSTRIES LTD Stock $rfil

2015 Q3 Form 10-Q Financial Statement

#000114420415054536 Filed on September 11, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RFIL R F INDUSTRIES LTD Stock $rfil

2015 Q3 Form 10-Q Financial Statement

#000114420415054536 Filed on September 11, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RFIL
R F INDUSTRIES LTD Stock $rfil