CCA Industries (CAWW) 10-Q 17 Jul 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	May 31, 2017	Jul. 17, 2017
Entity Registrant Name	CCA INDUSTRIES INC
Entity Central Index Key	721,447
Current Fiscal Year End Date	--11-30
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	May 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	CAW
Amendment Flag	false
Common stock
Entity Common Stock Outstanding (shares)		6,038,982
Common Class A
Entity Common Stock Outstanding (shares)		967,702

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	May 31, 2017	Nov. 30, 2016
Current assets:
Cash and cash equivalents	$ 34,473	$ 309,280
Accounts receivable, net of allowances of $412,264 and $957,029, respectively	3,421,367	2,147,680
Inventories, net of reserve for inventory obsolescence of $120,981 and $500,156, respectively	2,203,387	2,347,483
Prepaid expenses and sundry receivables	925,891	466,060
Prepaid and refundable income taxes	38,277	44,154
Deferred income taxes	1,951,197	2,148,764
Total Current Assets	8,574,592	7,463,421
Property and equipment, net of accumulated depreciation	229,145	235,203
Intangible assets, net of accumulated amortization	433,584	433,778
Deferred financing fees, net of accumulated amortization	196,454	259,587
Deferred income taxes	8,113,064	8,415,699
Other	430,544	430,544
Total Assets	17,977,383	17,238,232
Current Liabilities:
Accounts payable and accrued liabilities	5,188,671	5,615,756
Capital lease obligation - current portion	1,909	3,721
Income tax payable	1,000	20,000
Line of credit	3,530,239	3,277,885
Total Current Liabilities	8,721,819	8,917,362
Long term accrued liabilities	235,048	264,126
Long term - other	147,853	147,853
Total Liabilities	9,104,720	9,329,341
Shareholders' Equity:
Preferred stock, $1.00 par, authorized 20,000,000 none issued	0	0
Additional paid-in capital	4,298,893	4,220,422
Retained earnings	4,503,703	3,618,402
Total Shareholders' Equity	8,872,663	7,908,891
Total Liabilities and Shareholders' Equity	17,977,383	17,238,232
Common stock, $.01 par, authorized 15,000,000 shares, issued and outstanding 6,038,982 and 6,038,982 shares, respectively
Shareholders' Equity:
Value of common stock issued	60,390	60,390
Class A common stock, $.01 par, authorized 5,000,000 shares, issued and outstanding 967,702 and 967,702 shares, respectively
Shareholders' Equity:
Value of common stock issued	$ 9,677	$ 9,677

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	May 31, 2017	Nov. 30, 2016
Allowance for doubtful accounts receivable	$ 412,264	$ 957,029
Reserve for inventory obsolescence	$ 120,981	$ 500,156
Preferred stock, par value (usd per share)	$ 1	$ 1
Preferred stock, shares authorized (shares)	20,000,000	20,000,000
Preferred stock, shares issued (shares)	0	0
Common stock
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	15,000,000	15,000,000
Common Stock, shares issued (shares)	6,038,982	6,038,982
Common stock, shares outstanding (shares)	6,038,982	6,038,982
Common Class A
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	5,000,000	5,000,000
Common Stock, shares issued (shares)	967,702	967,702
Common stock, shares outstanding (shares)	967,702	967,702

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Revenues:
Sales of health and beauty aid products - net	$ 6,111,836	$ 5,675,177	$ 10,376,913	$ 10,355,449
Other income	4,074	4,574	8,147	8,746
Total Revenues	6,115,910	5,679,751	10,385,060	10,364,195
Costs and Expenses:
Cost of sales	2,345,980	2,122,059	4,053,834	3,936,853
Selling, general and administrative expenses	2,058,174	2,093,823	3,683,552	4,152,494
Advertising, cooperative and promotional expenses	461,149	532,327	943,364	848,783
Research and development	14,250	26,726	27,332	34,927
Bad debt (recovery) expense	(724)	29,557	(10,655)	27,299
Interest expense - related party	0	0	0	3,085
Interest expense	123,077	197,216	274,238	341,543
Total Costs and Expenses	5,001,906	5,001,708	8,971,665	9,344,984
Income before provision for income taxes	1,114,004	678,043	1,413,395	1,019,211
Provision for income taxes	415,454	247,054	528,094	379,224
Income from Continuing Operations	698,550	430,989	885,301	639,987
Discontinued Operations
(Loss) from Discontinued Operations	0	(11,504)	0	(20,600)
(Benefit from) income taxes	0	(4,192)	0	(7,665)
(Loss) from Discontinued Operations	0	(7,312)	0	(12,935)
Net Income	$ 698,550	$ 423,677	$ 885,301	$ 627,052
Basic
Continuing Operations (usd per share)	$ 0.10	$ 0.06	$ 0.13	$ 0.09
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	0.10	0.06	0.13	0.09
Diluted
Continuing Operations (usd per share)	0.10	0.06	0.13	0.09
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	$ 0.10	$ 0.06	$ 0.13	$ 0.09
Weighted Average Common Shares Outstanding
Basic (shares)	7,006,684	7,006,684	7,006,684	7,006,684
Diluted (shares)	7,024,428	7,126,333	7,006,684	7,088,115

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	May 31, 2017	May 31, 2016
Cash Flows from Operating Activities:
Net Income	$ 885,301	$ 627,052
Adjustments to reconcile net income to cash (used in) provided by operating activities:
Depreciation and amortization	45,758	39,113
Change in allowance for bad debts	(10,655)	27,299
Loss on write off of fixed assets	0	1,575
Deferred financing fees amortization	63,133	63,132
Stock based compensation	78,471	140,977
Deferred income taxes	500,201	366,824
Change in Operating Assets & Liabilities:
(Increase) decrease in accounts receivable	(1,263,032)	226,678
Decrease in inventory	144,096	105,523
(Increase) in prepaid expenses and other receivables	(459,831)	(210,372)
Decrease (Increase) in prepaid income and refundable income tax	(6,877)	1,410
(Decrease) in accounts payable and accrued liabilities	(456,161)	(1,341,765)
(Decrease) in income tax payable	(20,000)	0
Net Cash (Used in) Provided by Operating Activities	(485,842)	44,626
Cash Flows from Investing Activities:
Acquisition of property, plant and equipment	(39,506)	(29,496)
Proceeds from sale of property, plant and equipment	0	500
Net Cash (Used in) Investing Activities	(39,506)	(28,996)
Cash Flows from Financing Activities:
Payment on line of credit - related party	0	(2,700,000)
Payments on tern loan - related party	0	(1,000,000)
Proceeds from line of credit, net	252,354	3,790,096
Payment of deferred financing fees	0	(387,559)
Payments for capital lease obligations	(1,813)	(20,294)
Net Cash Provided by (Used in) Financing Activities	250,541	(317,757)
Net Decrease in Cash	(274,807)	(302,127)
Cash and Cash Equivalents at Beginning of Period	309,280	509,884
Cash and Cash Equivalents at End of Period	34,473	207,757
Cash paid during the period for:
Interest	274,238	97,030
Income taxes	$ 41,000	$ 6,146

Basis of Presentation

Basis of Presentation	6 Months Ended
	May 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. Operating results for the three and six month periods ending May 31, 2017

Organization and Description of

Organization and Description of Business	6 Months Ended
	May 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	ORGANIZATION AND DESCRIPTION OF BUSINESS CCA Industries, Inc. (“CCA”) was incorporated in the State of Delaware on March 25, 1983. CCA manufactures and distributes health and beauty aid products. CCA has two

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	May 31, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation: The consolidated financial statements include the accounts of CCA and its wholly-owned subsidiaries (collectively the “Company”). All significant inter-company accounts and transactions have been eliminated. Estimates and Assumptions: The consolidated financial statements include the use of estimates, which management believes are reasonable. The process of preparing financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”), requires management to make estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Such estimates primarily relate to unsettled transactions and events as of the date of the financial statements. Accounting estimates and assumptions are those that management considers to be most critical to the financial statements because they inherently involve significant judgment and uncertainties. All of these estimates and assumptions reflect management’s best judgment about current economic and market conditions and their effects on the information available as of the date of the consolidated financial statements. Accordingly, upon settlement, actual results may differ from estimated amounts. Cash and Cash Equivalents: The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. Accounts Receivable: Accounts receivable consist of trade receivables recorded at original invoice amount, less an estimated allowance for uncollectible amounts. The accounts receivable balance is further reduced by allowance for cooperative advertising and reserves for returns which are anticipated to be taken as credits against the balances as of May 31, 2017 . The allowances and reserves which are anticipated to be deducted from future invoices are included in accrued liabilities. Trade credit is generally extended on a short term basis; thus trade receivables do not bear interest, although a finance charge may be applied to receivables that are past due. Trade receivables are periodically evaluated for collectability based on past credit history with customers and their current financial condition. Changes in the estimated collectability of trade receivables are recorded in the results of operations for the period in which the estimate is revised. Trade receivables that are deemed uncollectible are offset against the allowance for uncollectible accounts. The Company generally does not require collateral for trade receivables. Inventories: Inventories are stated at the lower of cost (weighted average) or market. Product returns are either recorded in inventory when they are received at the lower of their original cost or market or destroyed, as appropriate. Obsolete inventory is written off and its value is removed from inventory at the time its obsolescence is determined. Property and Equipment and Depreciation and Amortization: Property and equipment are stated at cost. The Company charges to expense repairs and maintenance items, while major improvements and betterments are capitalized. When the Company sells or otherwise disposes of property and equipment items, the cost and related accumulated depreciation are removed from the respective accounts and any gain or loss is included in earnings. Depreciation and amortization are provided utilizing the straight-line method over the following estimated useful lives or lease terms of the assets, whichever is shorter: Computer equipment 3-5 Years Furniture and fixtures 3-10 Years Tools, dies and masters 3 Years Leasehold improvements Remaining life of the lease (3 years 3 months) Intangible Assets: Intangible assets, which consist of patents and trademarks, are stated at cost. Patents are amortized on the straight-line method over a period of 17 years. Patents are reviewed for impairment when events or changes in business indicate that the carrying amount may not be recoverable. Trademarks are indefinite lived intangible assets and are reviewed for impairment annually or more frequently if impairment conditions occur. Long-Lived Assets: Long-lived assets are assets in which the Company has an economic benefit for longer than twelve months from the date of the financial statement. Long-lived assets include property and equipment, intangible assets, deferred financing fees, deferred income taxes and other assets. The Company evaluates impairment losses on long-lived assets used in operations when events and circumstances indicate that the asset might be impaired. If the review indicates that the carrying value of an asset will not be recoverable, based on a comparison of the carrying value of the asset to the undiscounted future cash flows, the impairment will be measured by comparing the carrying value of the asset to its fair value. Fair value will be determined based on discounted cash flows or appraisals. Impairments are recorded in the statement of operations as part of selling, general and administrative expenses. No impairments were recorded in the six months ended May 31, 2017 and May 31 , 2016 . Revenue Recognition: (See also Cooperative Advertising) The Company recognizes sales in accordance with ASC Topic 605 “Revenue Recognition”. Revenue is recognized upon shipment of merchandise. Net sales comprise gross revenues less expected returns, trade discounts, customer allowances and various sales incentives. Included in sales incentives are coupons that the Company issues that are redeemed by its customers. Redemptions are handled by a coupon national clearing house. The Company also has estimated that there is an approximate six week lag in coupon redemptions, with the estimated cost recorded as an accrued liability. Although no legal right of return exists between the customer and the Company, returns, including return of unsold products, are accepted if it is in the best interests of the Company's relationship with the customer. The Company, therefore, records a reserve for returns based on the historical returns as a percentage of sales in the three preceding months and specific reserve based on customer circumstances and product circumstances. Those returns which are anticipated to be taken as credits against the balances as of May 31, 2017 are offset against the accounts receivable. The reserves which are anticipated to be deducted from future invoices are included in accrued liabilities. Changes in the estimated coupon reserve and sales return reserve are recorded to Sales of health and beauty aid products - net, in the Consolidated Statement of Operations. Cooperative Advertising: Cooperative advertising is accrued based on a combination of new contracts given to the customers in the current fiscal year, along with liabilities open from prior years. Specific new contracts in the current fiscal year are identified as sales incentives (see sales incentives) and those contracts reduce revenues for the current period. The balances for all years open are reduced throughout the year by either the customer advertising and submitting the proof according to the contract or by customer post audit adjustments that finalize any amount due. Any item open more than three years is closed unless management believes that a deduction may still be taken by the customer. The portion of cooperative advertising recorded as sales incentives was reduced by $204,598 and $409,196 , respectively, in the three and six months ended May 31, 2017 to reduce open cooperative advertising contracts for 2014 for events that have been finalized. There were reductions of $300,000 and $300,000 , respectively, for open cooperative advertising contracts that were finalized during the three and six months ended May 31, 2016 . The balance of the remaining open cooperative advertising is allocated between accrued liabilities and the allowance for cooperative advertising based on the customer's open accounts receivable balance. Sales Incentives: The Company has accounted for certain sales incentives offered to customers by charging them directly to sales as opposed to advertising and promotional expense. These accounting adjustments do not affect net income. Shipping Costs: The Company’s policy for financial reporting is to charge shipping costs as part of selling, general and administrative expenses as incurred. Shipping costs included for the three months ended May 31, 2017 and May 31, 2016 were $96,778 and $140,657 , respectively. Shipping costs included for the six months ended May 31, 2017 and May 31, 2016 were $178,245 and $254,765 , respectively. Advertising Costs: The Company’s policy for financial reporting is to charge advertising cost to expense as incurred. Advertising, cooperative and promotional expenses for the three months ended May 31, 2017 and May 31, 2016 were $461,149 and $532,327 , respectively. Advertising, cooperative and promotional expenses for the six months ended May 31, 2017 and May 31, 2016 were $943,364 and $848,783 , respectively. Research and Development Costs : The Company's policy for financial reporting is to charge research and development costs to expense as incurred. Research and development costs for the three months ended May 31, 2017 and May 31, 2016 were $14,250 and $26,726 , respectively. Research and development costs for the six months ended May 31, 2017 and May 31, 2016 were $27,332 and $34,927 , respectively. Income Taxes: Income taxes are accounted for under ASC Topic 740 “Income Taxes”, which utilizes the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to the temporary differences between the carrying amounts of assets and liabilities as recorded on the Company’s financial statements and the carrying amounts as reflected on the Company’s income tax return. In addition, the portion of charitable contributions that cannot be deducted in the current period and are carried forward to future periods are also reflected in the deferred tax assets. A substantial portion of the deferred tax asset is due to the losses incurred in fiscal 2015 and prior years, the benefit of which will be carried forward into future tax years. Deferred tax assets and liabilities are valued using the tax rates expected to apply in the years in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of the deferred tax asset will not be realized. Management has estimated that it will utilize the entire deferred tax asset in future years based on anticipated future profitability. However, anticipated future profitability may be impacted if the Company’s sales decrease from current levels or due to other factors discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 29, 2016 as supplemented in this Form 10-Q. The portion that management expects to utilize within twelve months of the period ended May 31, 2017 is recorded as a current asset, and the portion that management expects to utilize in subsequent periods is recorded as a long term asset. The Company previously adopted the provisions of ASC Subtopic 740-10-25, “Uncertain Tax Positions”. Management believes that there were no unrecognized tax benefits, or tax positions that would result in uncertainty regarding the deductions taken, as of May 31, 2017 and November 30, 2016 . ASC Subtopic 740-10-25 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. Tax Credits: Tax credits, when present, are accounted for using the flow-through method as a reduction of income taxes in the years utilized. Earnings Per Common Share: Basic earnings per share are calculated in accordance with ASC Topic 260, “Earnings Per Share”, which requires using the average number of shares of common stock outstanding during the year. Diluted earnings per share is computed on the basis of the average number of common shares outstanding plus the dilutive effect of any common stock equivalents using the “treasury stock method”. Common stock equivalents consist of stock options and warrants. Stock Options: ASC Topic 718, “Stock Compensation,” requires stock grants to employees to be recognized in the consolidated statement of operations based on their fair values. The Company issued stock options in fiscal 2016 and 2015, see Note 12 for details. Recent Accounting Pronouncements: In May 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2017-09, which is an update to Topic 718, Compensation - Stock Compensation. The update provides guidance on determining which changes to the terms and conditions of share-based payment awards, including stock options, require an entity to apply modification accounting under Topic 718. The Company issued stock options in fiscal 2016 and 2015, and has not made any modifications to the stock option agreements since issuance as of May 31, 2017 . The new standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management does not expect that ASU 2017-09 will have a material impact on the Company's results of operations and consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. While we are still evaluating the impact of our pending adoption of the new standard on our consolidated financial statements, we expect that upon adoption we will recognize ROU assets and lease liabilities and that the amounts could be material. In November 2015, the FASB issued ASU 2015-17, which is an update to Topic 740, "Income Taxes". The update will require that all deferred tax assets and liabilities be classified as non-current. The update is effective for fiscal years, and the interim periods within those years, beginning after December 15, 2016. ASU 2015-17 will have a material impact on the Company's balance sheet, as the deferred tax reported as a current asset will be reported as a non-current asset once the update is effective, resulting in a decrease to the Company's current ratio. As of May 31, 2017 , the Company reported 1,951,197 of deferred tax as a current asset. It will not have an impact on the Company's results of operations.

Inventories

Inventories	6 Months Ended
	May 31, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The components of inventory consist of the following: May 31, November 30, Raw materials $ 544,494 $ 586,372 Finished goods 1,658,893 1,761,111 $ 2,203,387 $ 2,347,483 At May 31, 2017 and November 30, 2016, the Company had a reserve for obsolescence of $120,981 and $500,156

Property and Equipment

Property and Equipment	6 Months Ended
	May 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT The components of property and equipment consisted of the following: May 31, November 30, Furniture and equipment $ 571,128 $ 559,971 Tools, dies and masters 497,999 469,652 Capitalized lease obligations 15,286 15,286 Leasehold improvements 35,017 35,017 $ 1,119,430 $ 1,079,926 Less: Accumulated depreciation 890,285 844,723 Property and Equipment—Net $ 229,145 $ 235,203 Depreciation expense for the three months ended May 31, 2017 and May 31, 2016 amounted to $ 23,718 and $ 18,974 , respectively. Depreciation expense for the six months ended May 31, 2017 and May 31, 2016 amounted to $45,564 and $38,919

Intangible Assets

Intangible Assets	6 Months Ended
	May 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS Intangible assets consist of owned trademarks and patents for ten product lines. May 31, November 30, Patents and trademarks $ 580,006 $ 580,007 Less: Accumulated amortization 146,422 146,229 Intangible Assets - Net $ 433,584 $ 433,778 Patents are amortized on a straight-line basis over their legal life of 17 years. Trademarks have an indefinite life and are reviewed annually for impairment or more frequently if impairment indicators occur. Amortization expense for the three months ended May 31 , 2017 and 2016 amounted to $ 97 and $ 97 , respectively. Amortization expense for the six months ended May 31, 2017 and May 31, 2016 amounted to $194 and $194 , respectively. Estimated amortization expenses for the years ending November 30, 2017, 2018, 2019, 2020 and 2021 are $388 , $388 , $388 , $243 and $243

Accrued Expenses

Accrued Expenses	6 Months Ended
	May 31, 2017
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES The following items which exceeded 5% of total current liabilities are included in accrued expenses as of: May 31, November 30, Co-operative advertising $ 1,454,365 $ 1,741,402 Restructuring Costs $ 505,000 $ 925,000 Accrued bonuses $ 490,839 * * represents less than 5% as of total current liabilities The following items which exceeded 5% of total long-term liabilities are included in long term accrued expenses as of: May 31, November 30, Sub-lease rent differential $ 235,048 $ 264,126

Debt Agreement

Debt Agreement	6 Months Ended
	May 31, 2017
Debt Disclosure [Abstract]
DEBT AGREEMENT	DEBT AGREEMENT On December 4, 2015 (the “Closing Date”), CCA Industries, Inc., a Delaware corporation (the “Company”), entered into the Credit and Security Agreement (the “Credit Agreement”) with SCM Specialty Finance Opportunities Funds, L.P., an affiliate of CNH Finance, L.P. The Credit Agreement provides for a line of credit up to a maximum of $5,500,000 (the “Revolving Loan”). The proceeds of the Revolving Loans was used to pay off the Company's existing debt with Capital Preservation Solutions, LLC and for general working capital purposes. Pursuant to the Credit Agreement, all outstanding amounts under the Revolving Loan bear interest at the 30 day LIBOR rate plus 6% per annum (currently in the aggregate, 6.21% per annum), payable monthly in arrears. The Company is also required to pay a monthly unused line fee and collateral management fee. The commitment under the Credit Agreement expires three years after the Closing Date. The Revolving Loan and all other amounts due and owing under the Credit Agreement and related documents are secured by a first priority perfected security interest in, and lien on, substantially all of the assets of the Company. Amounts available for borrowing under the Line of Credit equal the lesser of the Borrowing Base (as defined below), and $5,500,000 , in each case, as the same is reduced by the aggregate principal amount outstanding under the Line of Credit. “Borrowing Base” under the Loan Agreement means, generally, the amount equal to (i) 85% of the Company’s eligible accounts receivable, plus (ii) 65% of the value of eligible inventory, less (iii) certain reserves. The Credit Agreement contains customary representations, warranties and covenants on the part of the Company, including a financial covenant requiring the Company to maintain a fixed charge coverage ratio of no less than 1.0 to 1.0. The Credit Agreement imposes an early termination fee and also provides for events of default, including failure to repay principal and interest when due and failure to perform or violation of the provisions or covenants of the agreement. The principal amount borrowed under the Revolving Loan was $3,530,239 as of May 31, 2017

Other Income

Other Income	6 Months Ended
	May 31, 2017
Other Income and Expenses [Abstract]
OTHER INCOME	OTHER INCOME Other income consists of the following: Three Months Ended May 31, Six Months Ended May 31, 2017 2016 2017 2016 Interest and dividend income $ — — $ — $ 9 Royalty income 3,000 3,000 6,000 6,000 Miscellaneous 1,074 1,574 2,147 2,737 Total Other Income $ 4,074 $ 4,574 $ 8,147 $ 8,746

401(K) Plan

401(K) Plan	6 Months Ended
	May 31, 2017
Retirement Benefits [Abstract]
401(K) PLAN	401(K) PLAN The Company has a 401(K) Profit Sharing Plan for its employees. The plan requires six months of service in order to be eligible to participate. Employees must be 21 years or older to participate. Employees may make salary reduction contributions up to 25% of compensation not to exceed the federal government limits. The Plan allows for the Company to make discretionary contributions to match employee contributions up to 3% of compensation. The Company's matching contributions vest immediately at 100% with the employee. The Company made the following matching contributions: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Company Contributions 6,130 — 7,642 —

Income Taxes

Income Taxes	6 Months Ended
	May 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES CCA and its subsidiaries file a consolidated federal income tax return. The Company previously adopted the provisions of ASC Subtopic 740-10-25, “Uncertain Tax Positions”. Management believes that there were no unrecognized tax benefits, or tax positions that would result in uncertainty regarding the deductions taken, as of May 31, 2017 and May 31, 2016 . ASC Subtopic 740-10-25 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The charitable contributions portion of the deferred tax asset and the loss carry forward has $84,306 and $7,982,555 , respectively, that has been reclassified as a long-term asset, based on an estimate of the amount that will be realizable in periods greater than twelve months from May 31, 2017 . At May 31, 2017 and November 30, 2016 , respectively, the Company had temporary differences arising from the following: May 31, 2017 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (355,424 ) $ (129,552 ) $ — $ (129,552 ) Reserve for bad debts 5,146 1,876 1,876 — Reserve for returns 409,118 149,124 149,124 — Accrued returns 219,307 79,937 79,937 — Reserve for obsolete inventory 120,981 44,098 44,098 — Vacation accrual 27,243 9,930 9,930 — Alternative minimum tax carry forward — 36,000 36,000 Deferred Compensation 383,416 139,755 139,755 Bonus obligation unpaid 482,945 176,033 176,033 — Restructuring costs 505,000 184,073 184,073 — Charitable contributions 550,267 200,571 116,265 84,306 Section 263A costs 74,656 27,212 27,212 — Loss carry forward 25,089,724 9,145,204 1,162,649 7,982,555 Net deferred tax asset $ 10,064,261 $ 1,951,197 $ 8,113,064 November 30, 2016 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (349,763 ) $ (127,489 ) $ — $ (127,489 ) Reserve for bad debts 15,801 5,759 5,759 — Reserve for returns 941,228 343,078 343,078 — Accrued Returns 194,873 71,031 71,031 — Reserve for obsolete inventory 500,156 182,307 182,307 — Vacation accrual 29,528 10,763 10,763 — Alternative minimum tax carry forward — 20,000 20,000 Deferred compensation 304,945 111,153 111,153 Bonus obligation unpaid 304,355 110,937 110,937 — Restructuring costs 925,000 337,163 337,163 — Charitable contributions 584,558 213,071 96,249 116,822 Section 263A costs 79,539 28,992 28,992 — Loss carry forward 25,398,347 9,257,698 962,485 8,295,213 Net deferred tax asset $ 10,564,463 $ 2,148,764 $ 8,415,699 Income tax expense (benefit) is made up of the following components: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Continuing Operations Current tax - Federal $ 5,000 $ — $ 16,000 $ — Current tax - State & Local 2,938 2,369 5,877 4,735 Deferred tax 407,516 244,685 506,217 374,489 Tax - Continuing Operations $ 415,454 $ 247,054 $ 528,094 $ 379,224 Discontinued Operations Current tax - Federal — — — — Current tax - State & Local — — — — Deferred tax — (4,192 ) — (7,665 ) Tax - Discontinued Operations $ — $ (4,192 ) $ — $ (7,665 ) Prepaid and refundable income taxes are made up of the following components: Prepaid and refundable income taxes Federal State & Total May 31, 2017 $ — $ 38,277 $ 38,277 November 30, 2016 $ — $ 44,154 $ 44,154 Income taxes payable are made up of the following components: Income Taxes Payable Federal State & Total May 31, 2017 $ 1,000 $ — $ 1,000 November 30, 2016 $ 20,000 $ — $ 20,000 A reconciliation of the provision for income taxes computed at the statutory rate to the effective rate for the three months and nine months ended May 31, 2017 , and May 31, 2016 is as follows: Three Months Ended Three Months Ended May 31, 2017 May 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 378,761 34.00 % $ 230,535 34.00 % Changes in provision for income taxes resulting from: State income taxes, net of federal income tax benefit 32,306 2.90 % 19,663 2.90 % Non-deductible expenses and other adjustments 4,387 0.39 % (3,144 ) (0.46 )% Provision for income taxes at effective rate 415,454 37.29 % 247,054 36.44 % Discontinued Operations (Benefit from) income taxes at federal statutory rate — — % (3,911 ) 34.00 % Changes in benefit from income taxes resulting from: State income taxes, net of federal income tax benefit — — % (334 ) 2.90 % Non-deductible expenses and other adjustments — — % 53 (0.46 )% (Benefit from) income taxes at effective rate for Discontinued Operations — — % (4,192 ) 36.44 % Total provision for income taxes at effective rate $ 415,454 37.29 % $ 242,862 36.44 % Six Months Ended Six Months Ended May 31, 2017 May 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for (benefit from) income taxes at federal statutory rate $ 480,554 34.00 % $ 346,532 34.00 % Increases in taxes resulting from: State income taxes, net of federal income tax benefit 40,988 2.90 % 29,557 2.90 % Non-deductible expenses and other adjustments 6,552 0.46 % 3,135 0.31 % Provision for (benefit from) income taxes at effective rate 528,094 37.36 % 379,224 37.21 % Discontinued Operations (Benefit from) provision for income taxes at federal statutory rate — — % (7,004 ) 34.00 % Changes in (benefit from) provision for income taxes resulting from: State income taxes, net of federal income tax benefit — — % — — % Non-deductible expenses and other adjustments — — % (661 ) 3.21 % (Benefit from) provision for income taxes at effective rate — — % (7,665 ) 37.21 % Total Provision for (benefit from) income taxes at effective rate $ 528,094 37.36 % $ 371,559 37.21 %

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	May 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION On June 15, 2005, the shareholders approved an amended and Restated Stock Option Plan amending the 2003 Stock Option Plan (the “Plan”). The Plan authorizes the issuance of up to one million shares of common stock (subject to customary adjustments set forth in the plan) pursuant to equity awards, which may take the form of incentive stock options, nonqualified stock options restricted shares, stock appreciation rights and/or performance shares. The plan expired in April, 2015. On August 13, 2015, the shareholders approved the 2015 CCA Industries, Inc. Incentive Plan (the "2015 Plan"). The 2015 Plan authorizes the issuance of up to 700,000 shares of common stock (subject to customary adjustments set forth in the plan) pursuant to equity awards, which may take the form of incentive stock options, nonqualified stock options, stock appreciation rights and/or restricted stock. The Company recorded a charge against earnings in the amount of $51,079 for the three months ended May 31 , 2017 and $70,488 for the three months ended May 31 , 2016 for all outstanding stock options granted. The Company recorded a charge against earnings in the amount of $78,471 and $140,977 , respectively, for the six months ended May 31, 2017 and May 31, 2016 for all stock options granted. A summary of stock option activity for the Company is as follows: Number of Options Weighted-Average Exercise Price Weighted-Average Remaining Term (years) Aggregate Intrinsic Value Outstanding at November 30, 2014 137,000 $ 3.40 5.4 — Granted 185,000 $ 3.46 — Exercised — — — — Canceled or Forfeited 218,000 $ 3.46 — — Outstanding at November 30, 2015 104,000 $ 3.41 7.6 — Granted 519,000 $ 3.23 — — Exercised — — — — Canceled or Forfeited 59,000 3.42 — — Outstanding at November 30, 2016 564,000 $ 3.25 9.2 — Granted — Exercised — Canceled or Forfeited — Outstanding at February 28, 2017 564,000 $ 3.25 6.1 Granted — $ — Exercised — Canceled or Forfeited — $ — Outstanding at May 31, 2017 564,000 $ 3.25 5.9

Income Per Share

Income Per Share	6 Months Ended
	May 31, 2017
Earnings Per Share [Abstract]
INCOME PER SHARE	INCOME PER SHARE Basic earnings per share is calculated using the average number of common shares outstanding. Diluted income per share is computed on the basis of the average number of common shares outstanding plus the effect of outstanding stock options and warrants using the “treasury stock method”. Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Net income available for common shareholders $ 698,550 $ 423,677 $ 885,301 $ 627,052 Weighted average common shares outstanding-Basic 7,006,684 7,006,684 7,006,684 7,006,684 Net effect of dilutive stock options and warrants 17,744 119,649 — 81,431 Weighted average common shares and common shares equivalents—Diluted 7,024,428 7,126,333 7,006,684 7,088,115 Earnings per Share: Basic Continuing Operations $ 0.10 $ 0.06 $ 0.13 $ 0.09 Discontinued Operations $ — $ — $ — $ — Income $ 0.10 $ 0.06 $ 0.13 $ 0.09 Diluted Continuing Operations $ 0.10 $ 0.06 $ 0.13 $ 0.09 Discontinued Operations $ — $ — $ — $ — Income $ 0.10 $ 0.06 $ 0.13 $ 0.09 For the three months ended May 31, 2017 and May 31, 2016 , there were 564,000 and 404,000 shares, respectively, underlying previously issued stock options and warrants that were excluded from diluted loss per share because the effects of such shares were anti-dilutive. For the six months ended May 31, 2017 and May 31, 2016 , there were 2,456,744 and 404,000

Discontinued Operations

Discontinued Operations	6 Months Ended
	May 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS The Company discontinued the Gel Perfect color nail polish business effective as of May 31, 2014. The Gel Perfect brand had declining sales in fiscal 2013 and fiscal 2014. The brand has been recorded as discontinued operations and are reflected as such in the Company's statement of operations. There has been no discontinued operations in fiscal 2017. The following table summarizes those components of the statement of operations for the discontinued brand, which contains additional returns for the three and six months ended May 31 2016: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Revenues: Sales of health and beauty-aid products-net $ — $ (11,504 ) $ — $ (20,600 ) Total revenues — (11,504 ) — (20,600 ) Costs and Expenses: Cost of sales — — — — Selling, general and administrative expenses — — — — Advertising, cooperative and promotions — — — — Total expenses — — — — ( Loss) before (benefit from) income taxes — (11,504 ) — (20,600 ) (Benefit from) income taxes — (4,192 ) — (7,665 ) (Loss) from Discontinued Operations $ — $ (7,312 ) $ — $ (12,935 )

Certain Relationships and Relat

Certain Relationships and Related Transactions	6 Months Ended
	May 31, 2017
Related Party Transactions [Abstract]
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS On September 5, 2014, the Company entered into a Loan and Security Agreement (the “Agreement”) with Capital Preservation Solutions, LLC (“Capital”) for a $5,000,000 working capital line of credit and a term loan for working capital purposes not to exceed $1,000,000 . Capital Preservation Solutions, LLC is owned by Lance Funston, who also is the managing partner of Capital Preservations Holdings, LLC which owns common stock and all of the Company's Class A common stock. Contemporaneously with the signing of the Agreement, the Company issued a Warrant to Purchase Common Stock (the “Warrant”) to Capital whereby Capital may acquire upon exercise of the Warrant 1,892,744 shares of the Company’s Common Stock. The Warrant may be exercised in whole or in part at any time during the exercise period which is five years from the date of the Warrant. The Warrant bears a purchase price of $3.17 per share, subject to adjustments. The working capital line of credit and term loan principal balances were repaid on December 4, 2015 (see Note 8 - Debt Agreement for further information) . The Warrant remains outstanding. There was no related party interest expense or amortized financing costs incurred for the three and six months ended May 31, 2017 . The Company signed an agreement in December 2014 with Funston Media Management Services, Inc. ("FMM"), which is owned by Lance Funston, who is the Company's Chairman of the Board and Chief Executive Officer. The agreement provided for FMM to provide consumer advertising purchasing services and brand management for the Company. The agreement ended on November 19, 2015. The Company signed a new agreement in December 2015 with FMM. The agreement provided for FMM to provide consumer advertising purchasing services and brand management for a fee equal to 10.0% of the advertising costs with no minimum fee or monthly management fee. The agreement automatically renews unless canceled by the Company or FMM. The Company incurred costs of $34,274 and $38,667 , respectively for the three months ended May 31, 2017 and May 31, 2016 for fees to FMM. The Company incurred costs of $65,177 and $62,484 , respectively, for the six months ended May 31, 2017 and May 31, 2016 As of May 31, 2017 , there were unpaid fees of $180,427

Subsequent Events

Subsequent Events	6 Months Ended
	May 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On June 7, 2017, the Company's shareholders approved the 2015 CCA Industries, Inc. Incentive Plan, as amended, at the annual meeting of shareholders. The amendment increased the shares available to be issued under the plan from 700,000 to 1,400,000 . On June 20, 2017, the Company granted incentive stock options to eleven employees. The awards were for an aggregate of 232,500 option shares with an exercise price of $3.30 per share, the closing market price as of that day. The options vest in equal 20% increments commencing one year after the date of grant, and for each of the four subsequent anniversaries of such date. The options expire on June 19, 2027. On June 20, 2017, the Compensation committee of the Board of Directors approved the following director compensation: $20,000 per annum for non-executive directors, to be paid quarterly and in arrears, $500 for each meeting attended in person and $250

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	May 31, 2017
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation:The consolidated financial statements include the accounts of CCA and its wholly-owned subsidiaries (collectively the “Company”). All significant inter-company accounts and transactions have been eliminated.
Estimates and Assumptions	Estimates and Assumptions:The consolidated financial statements include the use of estimates, which management believes are reasonable. The process of preparing financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”), requires management to make estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Such estimates primarily relate to unsettled transactions and events as of the date of the financial statements. Accounting estimates and assumptions are those that management considers to be most critical to the financial statements because they inherently involve significant judgment and uncertainties. All of these estimates and assumptions reflect management’s best judgment about current economic and market conditions and their effects on the information available as of the date of the consolidated financial statements. Accordingly, upon settlement, actual results may differ from estimated amounts.
Cash and Cash Equivalents	Cash and Cash Equivalents:The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable: Accounts receivable consist of trade receivables recorded at original invoice amount, less an estimated allowance for uncollectible amounts. The accounts receivable balance is further reduced by allowance for cooperative advertising and reserves for returns which are anticipated to be taken as credits against the balances as of May 31, 2017 . The allowances and reserves which are anticipated to be deducted from future invoices are included in accrued liabilities. Trade credit is generally extended on a short term basis; thus trade receivables do not bear interest, although a finance charge may be applied to receivables that are past due. Trade receivables are periodically evaluated for collectability based on past credit history with customers and their current financial condition. Changes in the estimated collectability of trade receivables are recorded in the results of operations for the period in which the estimate is revised.
Inventories	Inventories:Inventories are stated at the lower of cost (weighted average) or market. Product returns are either recorded in inventory when they are received at the lower of their original cost or market or destroyed, as appropriate. Obsolete inventory is written off and its value is removed from inventory at the time its obsolescence is determined.
Property and Equipment and Depreciation and Amortization	Property and Equipment and Depreciation and Amortization: Property and equipment are stated at cost. The Company charges to expense repairs and maintenance items, while major improvements and betterments are capitalized. When the Company sells or otherwise disposes of property and equipment items, the cost and related accumulated depreciation are removed from the respective accounts and any gain or loss is included in earnings. Depreciation and amortization are provided utilizing the straight-line method over the following estimated useful lives or lease terms of the assets, whichever is shorter: Computer equipment 3-5 Years Furniture and fixtures 3-10 Years Tools, dies and masters 3 Years Leasehold improvements Remaining life of the lease (3 years 3 months)
Intangible Assets	Intangible Assets: Intangible assets, which consist of patents and trademarks, are stated at cost. Patents are amortized on the straight-line method over a period of 17
Long-Lived Assets	Long-Lived Assets:Long-lived assets are assets in which the Company has an economic benefit for longer than twelve months from the date of the financial statement. Long-lived assets include property and equipment, intangible assets, deferred financing fees, deferred income taxes and other assets. The Company evaluates impairment losses on long-lived assets used in operations when events and circumstances indicate that the asset might be impaired. If the review indicates that the carrying value of an asset will not be recoverable, based on a comparison of the carrying value of the asset to the undiscounted future cash flows, the impairment will be measured by comparing the carrying value of the asset to its fair value. Fair value will be determined based on discounted cash flows or appraisals. Impairments are recorded in the statement of operations as part of selling, general and administrative expenses.
Revenue Recognition and Cooperative Advertising	Revenue Recognition: (See also Cooperative Advertising) The Company recognizes sales in accordance with ASC Topic 605 “Revenue Recognition”. Revenue is recognized upon shipment of merchandise. Net sales comprise gross revenues less expected returns, trade discounts, customer allowances and various sales incentives. Included in sales incentives are coupons that the Company issues that are redeemed by its customers. Redemptions are handled by a coupon national clearing house. The Company also has estimated that there is an approximate six week lag in coupon redemptions, with the estimated cost recorded as an accrued liability. Although no legal right of return exists between the customer and the Company, returns, including return of unsold products, are accepted if it is in the best interests of the Company's relationship with the customer. The Company, therefore, records a reserve for returns based on the historical returns as a percentage of sales in the three preceding months and specific reserve based on customer circumstances and product circumstances. Those returns which are anticipated to be taken as credits against the balances as of May 31, 2017 are offset against the accounts receivable. The reserves which are anticipated to be deducted from future invoices are included in accrued liabilities. Changes in the estimated coupon reserve and sales return reserve are recorded to Sales of health and beauty aid products - net, in the Consolidated Statement of Operations. Cooperative Advertising: Cooperative advertising is accrued based on a combination of new contracts given to the customers in the current fiscal year, along with liabilities open from prior years. Specific new contracts in the current fiscal year are identified as sales incentives (see sales incentives) and those contracts reduce revenues for the current period. The balances for all years open are reduced throughout the year by either the customer advertising and submitting the proof according to the contract or by customer post audit adjustments that finalize any amount due. Any item open more than three years is closed unless management believes that a deduction may still be taken by the customer. The portion of cooperative advertising recorded as sales incentives was reduced by $204,598 and $409,196 , respectively, in the three and six months ended May 31, 2017 to reduce open cooperative advertising contracts for 2014 for events that have been finalized. There were reductions of $300,000 and $300,000 , respectively, for open cooperative advertising contracts that were finalized during the three and six months ended May 31, 2016
Sales Incentives	Sales Incentives:The Company has accounted for certain sales incentives offered to customers by charging them directly to sales as opposed to advertising and promotional expense. These accounting adjustments do not affect net income.
Shipping Costs	Shipping Costs:
Advertising Costs	Advertising Costs:The Company’s policy for financial reporting is to charge advertising cost to expense as incurred.
Research and Development Costs	Research and Development Costs :
Income Taxes and Tax Credits	Income Taxes: Income taxes are accounted for under ASC Topic 740 “Income Taxes”, which utilizes the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to the temporary differences between the carrying amounts of assets and liabilities as recorded on the Company’s financial statements and the carrying amounts as reflected on the Company’s income tax return. In addition, the portion of charitable contributions that cannot be deducted in the current period and are carried forward to future periods are also reflected in the deferred tax assets. A substantial portion of the deferred tax asset is due to the losses incurred in fiscal 2015 and prior years, the benefit of which will be carried forward into future tax years. Deferred tax assets and liabilities are valued using the tax rates expected to apply in the years in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of the deferred tax asset will not be realized. Management has estimated that it will utilize the entire deferred tax asset in future years based on anticipated future profitability. However, anticipated future profitability may be impacted if the Company’s sales decrease from current levels or due to other factors discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 29, 2016 as supplemented in this Form 10-Q. The portion that management expects to utilize within twelve months of the period ended May 31, 2017 is recorded as a current asset, and the portion that management expects to utilize in subsequent periods is recorded as a long term asset. The Company previously adopted the provisions of ASC Subtopic 740-10-25, “Uncertain Tax Positions”. Management believes that there were no unrecognized tax benefits, or tax positions that would result in uncertainty regarding the deductions taken, as of May 31, 2017 and November 30, 2016 . ASC Subtopic 740-10-25 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. Tax Credits:
Earnings Per Common Share	Earnings Per Common Share:Basic earnings per share are calculated in accordance with ASC Topic 260, “Earnings Per Share”, which requires using the average number of shares of common stock outstanding during the year. Diluted earnings per share is computed on the basis of the average number of common shares outstanding plus the dilutive effect of any common stock equivalents using the “treasury stock method”. Common stock equivalents consist of stock options and warrants.
Stock Options	Stock Options:ASC Topic 718, “Stock Compensation,” requires stock grants to employees to be recognized in the consolidated statement of operations based on their fair values.
Recent Accounting Pronouncements	Recent Accounting Pronouncements: In May 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2017-09, which is an update to Topic 718, Compensation - Stock Compensation. The update provides guidance on determining which changes to the terms and conditions of share-based payment awards, including stock options, require an entity to apply modification accounting under Topic 718. The Company issued stock options in fiscal 2016 and 2015, and has not made any modifications to the stock option agreements since issuance as of May 31, 2017 . The new standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management does not expect that ASU 2017-09 will have a material impact on the Company's results of operations and consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. While we are still evaluating the impact of our pending adoption of the new standard on our consolidated financial statements, we expect that upon adoption we will recognize ROU assets and lease liabilities and that the amounts could be material. In November 2015, the FASB issued ASU 2015-17, which is an update to Topic 740, "Income Taxes". The update will require that all deferred tax assets and liabilities be classified as non-current. The update is effective for fiscal years, and the interim periods within those years, beginning after December 15, 2016. ASU 2015-17 will have a material impact on the Company's balance sheet, as the deferred tax reported as a current asset will be reported as a non-current asset once the update is effective, resulting in a decrease to the Company's current ratio. As of May 31, 2017 , the Company reported 1,951,197 of deferred tax as a current asset. It will not have an impact on the Company's results of operations.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	May 31, 2017
Accounting Policies [Abstract]
Summary of estimated useful lives or lease terms of the assets	Depreciation and amortization are provided utilizing the straight-line method over the following estimated useful lives or lease terms of the assets, whichever is shorter: Computer equipment 3-5 Years Furniture and fixtures 3-10 Years Tools, dies and masters 3 Years Leasehold improvements Remaining life of the lease (3 years 3 months)

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	May 31, 2017
Inventory Disclosure [Abstract]
Schedule of components of inventory	The components of inventory consist of the following: May 31, November 30, Raw materials $ 544,494 $ 586,372 Finished goods 1,658,893 1,761,111 $ 2,203,387 $ 2,347,483

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	May 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of components of property and equipment	The components of property and equipment consisted of the following: May 31, November 30, Furniture and equipment $ 571,128 $ 559,971 Tools, dies and masters 497,999 469,652 Capitalized lease obligations 15,286 15,286 Leasehold improvements 35,017 35,017 $ 1,119,430 $ 1,079,926 Less: Accumulated depreciation 890,285 844,723 Property and Equipment—Net $ 229,145 $ 235,203

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	May 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Intangible assets consist of owned trademarks and patents for ten product lines. May 31, November 30, Patents and trademarks $ 580,006 $ 580,007 Less: Accumulated amortization 146,422 146,229 Intangible Assets - Net $ 433,584 $ 433,778

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	May 31, 2017
Payables and Accruals [Abstract]
Schedule of accrued liabilities	The following items which exceeded 5% of total current liabilities are included in accrued expenses as of: May 31, November 30, Co-operative advertising $ 1,454,365 $ 1,741,402 Restructuring Costs $ 505,000 $ 925,000 Accrued bonuses $ 490,839 * * represents less than 5% as of total current liabilities The following items which exceeded 5% of total long-term liabilities are included in long term accrued expenses as of: May 31, November 30, Sub-lease rent differential $ 235,048 $ 264,126

Other Income (Tables)

Other Income (Tables)	6 Months Ended
	May 31, 2017
Other Income and Expenses [Abstract]
Summary of other income	Other income consists of the following: Three Months Ended May 31, Six Months Ended May 31, 2017 2016 2017 2016 Interest and dividend income $ — — $ — $ 9 Royalty income 3,000 3,000 6,000 6,000 Miscellaneous 1,074 1,574 2,147 2,737 Total Other Income $ 4,074 $ 4,574 $ 8,147 $ 8,746

401(K) Plan (Tables)

401(K) Plan (Tables)	6 Months Ended
	May 31, 2017
Retirement Benefits [Abstract]
Schedule of company's matching contributions	The Company made the following matching contributions: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Company Contributions 6,130 — 7,642 —

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	May 31, 2017
Income Tax Disclosure [Abstract]
Summary of temporary differences	At May 31, 2017 and November 30, 2016 , respectively, the Company had temporary differences arising from the following: May 31, 2017 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (355,424 ) $ (129,552 ) $ — $ (129,552 ) Reserve for bad debts 5,146 1,876 1,876 — Reserve for returns 409,118 149,124 149,124 — Accrued returns 219,307 79,937 79,937 — Reserve for obsolete inventory 120,981 44,098 44,098 — Vacation accrual 27,243 9,930 9,930 — Alternative minimum tax carry forward — 36,000 36,000 Deferred Compensation 383,416 139,755 139,755 Bonus obligation unpaid 482,945 176,033 176,033 — Restructuring costs 505,000 184,073 184,073 — Charitable contributions 550,267 200,571 116,265 84,306 Section 263A costs 74,656 27,212 27,212 — Loss carry forward 25,089,724 9,145,204 1,162,649 7,982,555 Net deferred tax asset $ 10,064,261 $ 1,951,197 $ 8,113,064 November 30, 2016 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (349,763 ) $ (127,489 ) $ — $ (127,489 ) Reserve for bad debts 15,801 5,759 5,759 — Reserve for returns 941,228 343,078 343,078 — Accrued Returns 194,873 71,031 71,031 — Reserve for obsolete inventory 500,156 182,307 182,307 — Vacation accrual 29,528 10,763 10,763 — Alternative minimum tax carry forward — 20,000 20,000 Deferred compensation 304,945 111,153 111,153 Bonus obligation unpaid 304,355 110,937 110,937 — Restructuring costs 925,000 337,163 337,163 — Charitable contributions 584,558 213,071 96,249 116,822 Section 263A costs 79,539 28,992 28,992 — Loss carry forward 25,398,347 9,257,698 962,485 8,295,213 Net deferred tax asset $ 10,564,463 $ 2,148,764 $ 8,415,699
Schedule of income tax expense	Income tax expense (benefit) is made up of the following components: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Continuing Operations Current tax - Federal $ 5,000 $ — $ 16,000 $ — Current tax - State & Local 2,938 2,369 5,877 4,735 Deferred tax 407,516 244,685 506,217 374,489 Tax - Continuing Operations $ 415,454 $ 247,054 $ 528,094 $ 379,224 Discontinued Operations Current tax - Federal — — — — Current tax - State & Local — — — — Deferred tax — (4,192 ) — (7,665 ) Tax - Discontinued Operations $ — $ (4,192 ) $ — $ (7,665 )
Schedule of prepaid and refundable income taxes	Prepaid and refundable income taxes are made up of the following components: Prepaid and refundable income taxes Federal State & Total May 31, 2017 $ — $ 38,277 $ 38,277 November 30, 2016 $ — $ 44,154 $ 44,154
Schedule of income taxes payable	Income taxes payable are made up of the following components: Income Taxes Payable Federal State & Total May 31, 2017 $ 1,000 $ — $ 1,000 November 30, 2016 $ 20,000 $ — $ 20,000
Provision for income taxes computed at the statutory rate	A reconciliation of the provision for income taxes computed at the statutory rate to the effective rate for the three months and nine months ended May 31, 2017 , and May 31, 2016 is as follows: Three Months Ended Three Months Ended May 31, 2017 May 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 378,761 34.00 % $ 230,535 34.00 % Changes in provision for income taxes resulting from: State income taxes, net of federal income tax benefit 32,306 2.90 % 19,663 2.90 % Non-deductible expenses and other adjustments 4,387 0.39 % (3,144 ) (0.46 )% Provision for income taxes at effective rate 415,454 37.29 % 247,054 36.44 % Discontinued Operations (Benefit from) income taxes at federal statutory rate — — % (3,911 ) 34.00 % Changes in benefit from income taxes resulting from: State income taxes, net of federal income tax benefit — — % (334 ) 2.90 % Non-deductible expenses and other adjustments — — % 53 (0.46 )% (Benefit from) income taxes at effective rate for Discontinued Operations — — % (4,192 ) 36.44 % Total provision for income taxes at effective rate $ 415,454 37.29 % $ 242,862 36.44 % Six Months Ended Six Months Ended May 31, 2017 May 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for (benefit from) income taxes at federal statutory rate $ 480,554 34.00 % $ 346,532 34.00 % Increases in taxes resulting from: State income taxes, net of federal income tax benefit 40,988 2.90 % 29,557 2.90 % Non-deductible expenses and other adjustments 6,552 0.46 % 3,135 0.31 % Provision for (benefit from) income taxes at effective rate 528,094 37.36 % 379,224 37.21 % Discontinued Operations (Benefit from) provision for income taxes at federal statutory rate — — % (7,004 ) 34.00 % Changes in (benefit from) provision for income taxes resulting from: State income taxes, net of federal income tax benefit — — % — — % Non-deductible expenses and other adjustments — — % (661 ) 3.21 % (Benefit from) provision for income taxes at effective rate — — % (7,665 ) 37.21 % Total Provision for (benefit from) income taxes at effective rate $ 528,094 37.36 % $ 371,559 37.21 %

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	May 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Activity of share-based payment award	A summary of stock option activity for the Company is as follows: Number of Options Weighted-Average Exercise Price Weighted-Average Remaining Term (years) Aggregate Intrinsic Value Outstanding at November 30, 2014 137,000 $ 3.40 5.4 — Granted 185,000 $ 3.46 — Exercised — — — — Canceled or Forfeited 218,000 $ 3.46 — — Outstanding at November 30, 2015 104,000 $ 3.41 7.6 — Granted 519,000 $ 3.23 — — Exercised — — — — Canceled or Forfeited 59,000 3.42 — — Outstanding at November 30, 2016 564,000 $ 3.25 9.2 — Granted — Exercised — Canceled or Forfeited — Outstanding at February 28, 2017 564,000 $ 3.25 6.1 Granted — $ — Exercised — Canceled or Forfeited — $ — Outstanding at May 31, 2017 564,000 $ 3.25 5.9

Income Per Share (Tables)

Income Per Share (Tables)	6 Months Ended
	May 31, 2017
Earnings Per Share [Abstract]
Schedule of earnings per share	Basic earnings per share is calculated using the average number of common shares outstanding. Diluted income per share is computed on the basis of the average number of common shares outstanding plus the effect of outstanding stock options and warrants using the “treasury stock method”. Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Net income available for common shareholders $ 698,550 $ 423,677 $ 885,301 $ 627,052 Weighted average common shares outstanding-Basic 7,006,684 7,006,684 7,006,684 7,006,684 Net effect of dilutive stock options and warrants 17,744 119,649 — 81,431 Weighted average common shares and common shares equivalents—Diluted 7,024,428 7,126,333 7,006,684 7,088,115 Earnings per Share: Basic Continuing Operations $ 0.10 $ 0.06 $ 0.13 $ 0.09 Discontinued Operations $ — $ — $ — $ — Income $ 0.10 $ 0.06 $ 0.13 $ 0.09 Diluted Continuing Operations $ 0.10 $ 0.06 $ 0.13 $ 0.09 Discontinued Operations $ — $ — $ — $ — Income $ 0.10 $ 0.06 $ 0.13 $ 0.09

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	May 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Schedule of discontinued operations	The following table summarizes those components of the statement of operations for the discontinued brand, which contains additional returns for the three and six months ended May 31 2016: Three Months Ended Six Months Ended May 31, 2017 May 31, 2016 May 31, 2017 May 31, 2016 Revenues: Sales of health and beauty-aid products-net $ — $ (11,504 ) $ — $ (20,600 ) Total revenues — (11,504 ) — (20,600 ) Costs and Expenses: Cost of sales — — — — Selling, general and administrative expenses — — — — Advertising, cooperative and promotions — — — — Total expenses — — — — ( Loss) before (benefit from) income taxes — (11,504 ) — (20,600 ) (Benefit from) income taxes — (4,192 ) — (7,665 ) (Loss) from Discontinued Operations $ — $ (7,312 ) $ — $ (12,935 )

Organization and Description 34

Organization and Description of Business (Details)	May 31, 2017subsidiary
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of wholly-owned subsidiaries	2

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Useful Lives (Details)	6 Months Ended
	May 31, 2017
Computer Equipment | Minimum
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	3 years
Computer Equipment | Maximum
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	5 years
Furniture and fixtures | Minimum
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	3 years
Furniture and fixtures | Maximum
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	10 years
Tools, dies and masters
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	3 years
Leasehold improvements
Summary of estimated useful lives or lease terms of the assets
Estimated useful lives of the assets	3 years 3 months

Summary of Significant Accoun36

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016	Nov. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Impairment of long-lived assets			$ 0	$ 0
Sales returns, basis of estimated returns			3 months
Term accounts remain open unless management believes a deduction may still be taken			3 years
Decrease in cooperative advertising for events that did not take place	$ 204,598	$ 300,000	$ 409,196	300,000
Summary of Significant Accounting Policies (Textual) [Abstract]
Shipping costs	96,778	140,657	178,245	254,765
Advertising, cooperative and promotional expenses	461,149	532,327	943,364	848,783
Research and development	14,250	$ 26,726	27,332	$ 34,927
Net deferred tax asset	1,951,197		$ 1,951,197		$ 2,148,764
Patents
Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life			17 years
Accounting Standards Update 2015-07
Summary of Significant Accounting Policies (Textual) [Abstract]
Net deferred tax asset	$ 1,951,197		$ 1,951,197

Inventories - Components of Inv

Inventories - Components of Inventory (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Schedule of components of inventory
Raw materials	$ 544,494	$ 586,372
Finished goods	1,658,893	1,761,111
Inventory	$ 2,203,387	$ 2,347,483

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Inventory Disclosure [Abstract]
Reserve for inventory obsolescence	$ 120,981	$ 500,156

Property and Equipment - Net (D

Property and Equipment - Net (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Schedule of components of property and equipment
Property and Equipment - Gross	$ 1,119,430	$ 1,079,926
Less: Accumulated depreciation	890,285	844,723
Property and Equipment—Net	229,145	235,203
Furniture and equipment
Schedule of components of property and equipment
Property and Equipment - Gross	571,128	559,971
Tools, dies and masters
Schedule of components of property and equipment
Property and Equipment - Gross	497,999	469,652
Capitalized lease obligations
Schedule of components of property and equipment
Property and Equipment - Gross	15,286	15,286
Leasehold improvements
Schedule of components of property and equipment
Property and Equipment - Gross	$ 35,017	$ 35,017

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 23,718	$ 18,974	$ 45,564	$ 38,919

Intangible Assets - Net (Detail

Intangible Assets - Net (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Schedule of Intangible Assets
Patents and trademarks	$ 580,006	$ 580,007
Less: Accumulated amortization	146,422	146,229
Intangible Assets - Net	$ 433,584	$ 433,778

Intangible Assets - Narrative (

Intangible Assets - Narrative (Details)	3 Months Ended		6 Months Ended
	May 31, 2017USD ($)	May 31, 2016USD ($)	May 31, 2017USD ($)product_line	May 31, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
Number of product lines | product_line			10
Amortization Expense	$ 97	$ 97	$ 194	$ 194
2,017	388		388
2,018	388		388
2,019	388		388
2,020	243		243
2,021	$ 243		$ 243
Patents
Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life			17 years

Accrued Expenses - Narrative (D

Accrued Expenses - Narrative (Details)	May 31, 2017
Payables and Accruals [Abstract]
Maximum percentage of total current liabilities included in accrued expenses	5.00%
Maximum percentage of long-term liabilities included in accrued expenses	5.00%

Accrued Expenses - Components o

Accrued Expenses - Components of Accrued Expenses (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Current Accrued Expenses
Co-operative advertising	$ 1,454,365	$ 1,741,402
Restructuring Costs	505,000	925,000
Accrued bonuses	490,839
Long-term Accrued Expenses
Sub-lease rent differential	$ 235,048	$ 264,126

Debt Agreement (Details)

Debt Agreement (Details) - USD ($)	Dec. 04, 2015	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016	Nov. 30, 2016
Debt Instrument [Line Items]
Interest expense		$ 123,077	$ 197,216	$ 274,238	$ 341,543
Line of credit		$ 3,530,239		$ 3,530,239		$ 3,277,885
Revolving Loan
Debt Instrument [Line Items]
Borrowing capacity	$ 5,500,000
Current interest rate	6.21%
Term	3 years
Restrictive covenants, percent of accounts receivable	85.00%
Restrictive covenants, borrowing base, percent of inventory	65.00%
Covenant compliance, minimum coverage ratio	100.00%
LIBOR | Revolving Loan
Debt Instrument [Line Items]
Basis spread on variable rate	6.00%

Other Income (Details)

Other Income (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Summary of other Income
Interest and dividend income	$ 0	$ 0	$ 0	$ 9
Royalty income	3,000	3,000	6,000	6,000
Miscellaneous	1,074	1,574	2,147	2,737
Total Other Income	$ 4,074	$ 4,574	$ 8,147	$ 8,746

401(K) Plan (Details)

401(K) Plan (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Retirement Benefits [Abstract]
Profit sharing criteria period of employees service			6 months
Profit sharing criteria minimum age requirement			21 years
Employees salary reduction contributions			25.00%
Employer matching contribution, percent			3.00%
Employers matching contribution, annual vesting percentage			100.00%
Company Contributions	$ 6,130	$ 0	$ 7,642	$ 0

Income Taxes - Temporary Differ

Income Taxes - Temporary Differences (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Amount
Depreciation	$ (355,424)	$ (349,763)
Reserve for bad debts	5,146	15,801
Reserve for returns	409,118	941,228
Accrued returns	219,307	194,873
Reserve for obsolete inventory	120,981	500,156
Vacation accrual	27,243	29,528
Deferred Compensation	383,416	304,945
Bonus obligation unpaid	482,945	304,355
Restructuring costs	505,000	925,000
Charitable contributions	550,267	584,558
Section 263A costs	74,656	79,539
Loss carry forward	25,089,724	25,398,347
Deferred Tax
Depreciation	(129,552)	(127,489)
Reserve for bad debts	1,876	5,759
Reserve for returns	149,124	343,078
Accrued returns	79,937	71,031
Reserve for obsolete inventory	44,098	182,307
Vacation accrual	9,930	10,763
Alternative minimum tax carry forward	36,000	20,000
Deferred Compensation	139,755	111,153
Bonus obligation unpaid	176,033	110,937
Restructuring costs	184,073	337,163
Restructuring costs	200,571	213,071
Section 263A costs	27,212	28,992
Loss carry forward	9,145,204	9,257,698
Net deferred tax asset	10,064,261	10,564,463
Short-Term Asset
Depreciation	0	0
Reserve for bad debts	1,876	5,759
Reserve for returns	149,124	343,078
Accrued returns	79,937	71,031
Reserve for obsolete inventory	44,098	182,307
Vacation accrual	9,930	10,763
Bonus obligation unpaid	176,033	110,937
Restructuring costs	184,073	337,163
Charitable contributions	116,265	96,249
Section 263A costs	27,212	28,992
Loss carry forward	1,162,649	962,485
Net deferred tax asset	1,951,197	2,148,764
Long-Term Asset (Liability)
Depreciation	(129,552)	(127,489)
Reserve for bad debts	0	0
Reserve for returns	0	0
Accrued returns	0	0
Reserve for obsolete inventory	0	0
Vacation accrual	0	0
Alternative minimum tax carry forward	36,000	20,000
Deferred Compensation	139,755	111,153
Bonus obligation unpaid	0	0
Restructuring costs	0	0
Charitable contributions	84,306	116,822
Section 263A costs	0	0
Loss carry forward	7,982,555	8,295,213
Net deferred tax asset	$ 8,113,064	$ 8,415,699

Income Taxes - Expenses (Detail

Income Taxes - Expenses (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Continuing Operations
Current tax - Federal	$ 5,000	$ 0	$ 16,000	$ 0
Current tax - State & Local	2,938	2,369	5,877	4,735
Deferred tax	407,516	244,685	506,217	374,489
Provision for income taxes at effective rate	415,454	247,054	528,094	379,224
Discontinued Operations
Current tax - Federal	0	0	0	0
Current tax - State & Local	0	0	0	0
Deferred tax	0	(4,192)	0	(7,665)
Tax - Discontinued Operations	$ 0	$ (4,192)	$ 0	$ (7,665)

Income Taxes - Prepaid and Paya

Income Taxes - Prepaid and Payable (Details) - USD ($)	May 31, 2017	Nov. 30, 2016
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	$ 38,277	$ 44,154
Income tax payable	1,000	20,000
Federal
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	0	0
Income tax payable	1,000	20,000
State & Local
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	38,277	44,154
Income tax payable	$ 0	$ 0

Income Taxes - Rate Reconciliat

Income Taxes - Rate Reconciliation (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Schedule of reconciliation of the provision for income taxes computed at the statutory rate
Provision for income taxes at effective rate	$ 415,454	$ 247,054	$ 528,094	$ 379,224
Total provision for income taxes at effective rate			500,201	366,824
Continuing and Discontinued Operations
Schedule of reconciliation of the provision for income taxes computed at the statutory rate
Total provision for income taxes at effective rate	$ 415,454	$ 242,862	$ 528,094	$ 371,559
Total Provision for income taxes at effective rate (percent)	37.29%	36.44%	37.36%	37.21%
Continuing Operations
Schedule of reconciliation of the provision for income taxes computed at the statutory rate
Provision for income taxes at federal statutory rate	$ 378,761	$ 230,535	$ 480,554	$ 346,532
Provision for income taxes at federal statutory rate (percent)	34.00%	34.00%	34.00%	34.00%
State income taxes, net of federal income tax benefit	$ 32,306	$ 19,663	$ 40,988	$ 29,557
State income taxes, net of federal income tax benefit (percent)	2.90%	2.90%	2.90%	2.90%
Non-deductible expenses and other adjustments	$ 4,387	$ (3,144)	$ 6,552	$ 3,135
Non-deductible expenses and other adjustments (percent)	0.39%	(0.46%)	0.46%	0.31%
Provision for income taxes at effective rate	$ 415,454	$ 247,054	$ 528,094	$ 379,224
Provision for income taxes at effective rate (percent)	37.29%	36.44%	37.36%	37.21%
Discontinued Operations
Schedule of reconciliation of the provision for income taxes computed at the statutory rate
Provision for income taxes at federal statutory rate	$ 0	$ (3,911)	$ 0	$ (7,004)
Provision for income taxes at federal statutory rate (percent)	0.00%	34.00%	0.00%	34.00%
State income taxes, net of federal income tax benefit	$ 0	$ (334)	$ 0	$ 0
State income taxes, net of federal income tax benefit (percent)	0.00%	2.90%	0.00%	0.00%
Non-deductible expenses and other adjustments	$ 0	$ 53	$ 0	$ (661)
Non-deductible expenses and other adjustments (percent)	0.00%	(0.46%)	0.00%	3.21%
Tax - Discontinued Operations	$ 0	$ (4,192)	$ 0	$ (7,665)
(Benefit from) income taxes at effective rate for Discontinued Operations (percent)	0.00%	36.44%	0.00%	37.21%

Stock-based Compensation - Narr

Stock-based Compensation - Narrative and Assumptions (Details) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
	May 31, 2017	Feb. 28, 2017	May 31, 2016	May 31, 2017	May 31, 2016	Nov. 30, 2016	Nov. 30, 2015	Aug. 13, 2015	Jun. 15, 2005
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (shares)	0	0				519,000	185,000
Weighted average exercise price (usd per share)			$ 0			$ 3.23	$ 3.46
Share-based compensation	$ 51,079		$ 70,488	$ 78,471	$ 140,977
Restated 2003 Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized to be repurchased (shares)									1,000,000
2015 CCA Industries Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized to be repurchased (shares)								700,000

Stock-based Compensation - Opti

Stock-based Compensation - Option Activity (Details) - USD ($)	3 Months Ended			12 Months Ended
	May 31, 2017	Feb. 28, 2017	May 31, 2016	Nov. 30, 2016	Nov. 30, 2015	Nov. 30, 2014
Options, Outstanding [Roll Forward]
Beginning Balance, Outstanding (shares)	564,000	564,000		104,000	137,000
Granted (shares)	0	0		519,000	185,000
Exercised (shares)	0	0		0	0
Cancelled or Forfeited (shares)	0	0		59,000	218,000
Ending Balance, Outstanding (shares)	564,000	564,000		564,000	104,000	137,000
Weighted-Average Exercise Price
Beginning Balance, Outstanding (usd per share)	$ 3.25	$ 3.25		$ 3.41	$ 3.40
Granted (usd per share)			$ 0	3.23	3.46
Exercised (usd per share)				0	0
Cancelled or Forfeited (usd per share)			$ 0	3.42	3.46
Ending Balance, Outstanding (usd per share)	$ 3.25	$ 3.25		$ 3.25	$ 3.41	$ 3.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Term, Ending Balance Outstanding	5 years 10 months 24 days	6 years 1 month 6 days		9 years 2 months 12 days	7 years 7 months 6 days	5 years 4 months 24 days
Aggregate Intrinsic Value, Beginning Balance, Outstanding		$ 0		$ 0	$ 0
Aggregate Intrinsic Value, Granted				0
Aggregate Intrinsic Value, Exercised				0	0
Aggregate Intrinsic Value, Canceled or Forfeited				0	0
Aggregate Intrinsic Value, Ending Balance, Outstanding				$ 0	$ 0	$ 0

Income Per Share (Details)

Income Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Earnings Per Share [Abstract]
Net income available for common shareholders	$ 698,550	$ 423,677	$ 885,301	$ 627,052
Weighted average common shares outstanding-Basic (shares)	7,006,684	7,006,684	7,006,684	7,006,684
Net effect of dilutive stock options and warrants (shares)	17,744	119,649	0	81,431
Weighted average common shares and common shares equivalents-Diluted (shares)	7,024,428	7,126,333	7,006,684	7,088,115
Basic
Continuing Operations (usd per share)	$ 0.10	$ 0.06	$ 0.13	$ 0.09
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	0.10	0.06	0.13	0.09
Diluted
Continuing Operations (usd per share)	0.10	0.06	0.13	0.09
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	$ 0.10	$ 0.06	$ 0.13	$ 0.09
Antidilutive securities excluded from computation of earnings per share (shares)	564,000	404,000	2,456,744	404,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	3 Months Ended		6 Months Ended
	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Significant Acquisitions and Disposals [Line Items]
( Loss) before (benefit from) income taxes	$ 0	$ (11,504)	$ 0	$ (20,600)
(Benefit from) income taxes	0	(4,192)	0	(7,665)
(Loss) from Discontinued Operations	0	(7,312)	0	(12,935)
Discontinued Operations | Gel Perfect
Significant Acquisitions and Disposals [Line Items]
Sales of health and beauty-aid products-net	0	(11,504)	0	(20,600)
Total revenues	0	(11,504)	0	(20,600)
Cost of sales	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Advertising, cooperative and promotions	0	0	0	0
Total expenses	0	0	0	0
( Loss) before (benefit from) income taxes	0	(11,504)	0	(20,600)
(Benefit from) income taxes	0	(4,192)	0	(7,665)
(Loss) from Discontinued Operations	$ 0	$ (7,312)	$ 0	$ (12,935)

Certain Relationships and Rel56

Certain Relationships and Related Transactions (Details) - USD ($)	Sep. 05, 2014	May 31, 2017	May 31, 2016	May 31, 2017	May 31, 2016
Related Party Transaction [Line Items]
Advertising, cooperative and promotional expenses		$ 461,149	$ 532,327	$ 943,364	$ 848,783
Interest expense - related party		0	0	0	3,085
Amortized financing costs incurred				$ 63,133	63,132
Affiliated Entity
Related Party Transaction [Line Items]
Shares of common stock issued upon exercise of warrant (shares)	1,892,744
Exercise period from date of the warrant	5 years
Purchase price of warrant (usd per share)	$ 3.17
Commission percent				10.00%
Advertising, cooperative and promotional expenses		34,274	$ 38,667	$ 65,177	$ 62,484
Accounts payable to related party		180,427		180,427
Amortized financing costs incurred		$ 0		$ 0
Line of Credit | Affiliated Entity
Related Party Transaction [Line Items]
Maximum borrowing capacity	$ 5,000,000
Loans Payable | Affiliated Entity
Related Party Transaction [Line Items]
Maximum borrowing capacity	$ 1,000,000

Subsequent Events (Details)

Subsequent Events (Details)	Jun. 20, 2017USD ($)employee$ / sharesshares	May 31, 2017shares	Feb. 28, 2017shares	May 31, 2016$ / shares	Nov. 30, 2016$ / sharesshares	Nov. 30, 2015$ / sharesshares	Jun. 07, 2017shares	Jun. 06, 2017shares
Subsequent Event [Line Items]
Granted (shares) | shares		0	0		519,000	185,000
Granted (usd per share) | $ / shares				$ 0	$ 3.23	$ 3.46
Subsequent Event
Subsequent Event [Line Items]
Number of shares authorized (shares) | shares							1,400,000	700,000
Number of employees granted options | employee	11
Granted (shares) | shares	232,500
Granted (usd per share) | $ / shares	$ 3.30
Annual award vesting percent	20.00%
Non-Executive Director | Subsequent Event
Subsequent Event [Line Items]
Annual directors' compensation | $	$ 20,000
Directors' compensation, each meeting attended in person | $	500
Directors' compensation, each meeting attended by telephone | $	$ 250