CCA Industries (CAWW) 10-Q 16 Oct 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Aug. 31, 2017	Oct. 16, 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	Aug. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
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 ($)	Aug. 31, 2017	Nov. 30, 2016
Current Assets:
Cash and cash equivalents	$ 337,015	$ 309,280
Accounts receivable, net of allowances of $135,245 and $957,029, respectively	3,656,544	2,147,680
Inventories, net of reserve for inventory obsolescence of $112,834 and $500,156, respectively	2,176,645	2,347,483
Prepaid expenses and sundry receivables	646,059	466,060
Prepaid and refundable income taxes	66,520	44,154
Deferred income taxes	1,626,646	2,148,764
Total Current Assets	8,509,429	7,463,421
Property and equipment, net of accumulated depreciation	208,408	235,203
Intangible assets, net of accumulated amortization	433,487	433,778
Deferred financing fees, net of accumulated amortization	164,888	259,587
Deferred income taxes	8,120,971	8,415,699
Other	430,543	430,544
Total Assets	17,867,726	17,238,232
Current Liabilities:
Accounts payable and accrued liabilities	5,035,358	5,615,756
Capital lease obligation - current portion	968	3,721
Income tax payable	0	20,000
Line of credit	3,164,300	3,277,885
Total Current Liabilities	8,200,626	8,917,362
Long term accrued liabilities	220,509	264,126
Long term - other	147,852	147,853
Total Liabilities	8,568,987	9,329,341
Shareholders' Equity:
Preferred stock, $1.00 par, authorized 20,000,000 none issued	0	0
Additional paid-in capital	4,347,286	4,220,422
Retained earnings	4,881,386	3,618,402
Total Shareholders' Equity	9,298,739	7,908,891
Total Liabilities and Shareholders' Equity	17,867,726	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 ($)	Aug. 31, 2017	Nov. 30, 2016
Allowance for doubtful accounts receivable	$ 135,245	$ 957,029
Reserve for inventory obsolescence	$ 112,834	$ 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		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Revenues:
Sales of health and beauty aid products - net	$ 5,329,753	$ 5,036,658	$ 15,706,666	$ 15,392,107
Other income	4,615	4,535	12,762	13,281
Total Revenues	5,334,368	5,041,193	15,719,428	15,405,388
Costs and Expenses:
Cost of sales	1,989,572	2,309,056	6,043,406	6,245,909
Selling, general and administrative expenses	1,720,693	1,836,891	5,404,245	5,860,150
Advertising, cooperative and promotional expenses	738,635	241,335	1,681,999	1,219,353
Research and development	16,811	9,571	44,143	44,498
Bad debt expense (recovery)	4,812	(4,584)	(5,843)	22,715
Interest expense - related party	0	0	0	3,085
Interest expense	131,346	132,531	405,584	474,074
Total Costs and Expenses	4,601,869	4,524,800	13,573,534	13,869,784
Income before provision for income taxes	732,499	516,393	2,145,894	1,535,604
Provision for income taxes	354,816	195,026	882,910	574,289
Income from Continuing Operations	377,683	321,367	1,262,984	961,315
Discontinued Operations
(Loss) from Discontinued Operations	0	0	0	(20,600)
(Benefit from) income taxes	0	0	0	(7,704)
(Loss) from Discontinued Operations	0	0	0	(12,896)
Net Income	$ 377,683	$ 321,367	$ 1,262,984	$ 948,419
Basic
Continuing Operations (usd per share)	$ 0.05	$ 0.05	$ 0.18	$ 0.14
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	0.05	0.05	0.18	0.14
Diluted
Continuing Operations (usd per share)	0.05	0.05	0.18	0.14
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	$ 0.05	$ 0.05	$ 0.18	$ 0.14
Weighted Average Common Shares Outstanding
Basic (shares)	7,006,684	7,006,684	7,006,684	7,006,684
Diluted (shares)	7,165,027	7,048,011	7,006,684	7,074,893

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Cash Flows from Operating Activities:
Net Income	$ 1,262,984	$ 948,419
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	66,592	60,056
Change in allowance for bad debts	(5,843)	22,715
Loss on write off of fixed assets	0	1,575
Deferred financing fees amortization	94,699	96,406
Stock based compensation	126,863	238,685
Deferred income taxes	816,846	545,485
Change in Operating Assets & Liabilities:
(Increase) in accounts receivable	(1,503,021)	(51,430)
Decrease in inventory	170,838	293,604
(Increase) decrease in prepaid expenses and other receivables	(179,999)	271,071
(Increase) decrease in prepaid income and refundable income tax	(22,366)	18,052
(Decrease) in accounts payable and accrued liabilities	(624,013)	(2,035,000)
(Decrease) in income tax payable	(20,000)	0
Net Cash Provided by Operating Activities	183,580	409,638
Cash Flows from Investing Activities:
Acquisition of property, plant and equipment	(39,507)	(103,745)
Proceeds from sale of property, plant and equipment	0	500
Net Cash (Used in) Investing Activities	(39,507)	(103,245)
Cash Flows from Financing Activities:
Payment on line of credit - related party	0	(2,700,000)
Payments on term loan - related party	0	(1,000,000)
Proceeds from line of credit, net	0	3,868,296
Payment on line of credit	(113,585)
Payment of deferred financing fees	0	(387,559)
Payments for capital lease obligations	(2,753)	(21,426)
Net Cash (Used in) Financing Activities	(116,338)	(240,689)
Net Increase in Cash	27,735	65,704
Cash and Cash Equivalents at Beginning of Period	309,280	509,884
Cash and Cash Equivalents at End of Period	337,015	575,588
Cash paid during the period for:
Interest	405,584	342,945
Income taxes	$ 108,413	$ 6,146

Basis of Presentation

Basis of Presentation	9 Months Ended
	Aug. 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 nine month periods ending August 31, 2017 are not necessarily indicative of the results that may be expected for the entire year ended November 30, 2017. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's annual report on Form 10-K for the year ended November 30, 2016. The accompanying unaudited consolidated financial statements, in the opinion of management, include all adjustments necessary for a fair presentation. All such adjustments are of a normal recurring nature.

Organization and Description of

Organization and Description of Business	9 Months Ended
	Aug. 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 wholly-owned subsidiaries, CCA Online Industries, Inc. and CCA IND., S.A. DE C.V., a Variable Capital Corporation organized pursuant to the laws of Mexico, both of which are currently inactive.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Aug. 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 August 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) 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 statements. 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 nine months ended August 31, 2017 and August 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 August 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 $204,527 and $613,723 , respectively, in the three and nine months ended August 31, 2017 to reduce open cooperative advertising contracts for 2014 for events that have been finalized. There were reductions of $0 and $300,000 , respectively, for open cooperative advertising contracts that were finalized during the three and nine months ended August 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 August 31, 2017 and August 31, 2016 were $93,566 and $122,914 , respectively. Shipping costs included for the nine months ended August 31, 2017 and August 31, 2016 were $271,810 and $377,861 , 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 August 31, 2017 and August 31, 2016 were $738,635 and $241,335 , respectively. Advertising, cooperative and promotional expenses for the nine months ended August 31, 2017 and August 31, 2016 were $1,681,999 and $1,219,353 , 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 August 31, 2017 and August 31, 2016 were $16,811 and $9,571 , respectively. Research and development costs for the nine months ended August 31, 2017 and August 31, 2016 were $44,143 and $44,498 , 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 August 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 August 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 2017 and 2016, see Note 12 for details. Recent Accounting Pronouncements: 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 August 31, 2017 , the Company reported $1,626,646 of deferred tax as a current asset. It will not have an impact on the Company's results of operations. Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements, other than any that were disclosed in prior Company filings with the SEC.

Inventories

Inventories	9 Months Ended
	Aug. 31, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The components of inventory consist of the following: August 31, November 30, Raw materials $ 460,728 $ 586,372 Finished goods 1,715,917 1,761,111 $ 2,176,645 $ 2,347,483 At August 31, 2017 and November 30, 2016, the Company had a reserve for obsolescence of $112,834 and $500,156 , respectively.

Property and Equipment

Property and Equipment	9 Months Ended
	Aug. 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT The components of property and equipment consisted of the following: August 31, November 30, Furniture and equipment $ 571,127 $ 559,971 Tools, dies and masters 498,000 469,652 Capitalized lease obligations 15,287 15,286 Leasehold improvements 35,017 35,017 $ 1,119,431 $ 1,079,926 Less: Accumulated depreciation 911,023 844,723 Property and Equipment—Net $ 208,408 $ 235,203 Depreciation expense for the three months ended August 31, 2017 and August 31, 2016 amounted to $ 20,738 and $ 20,846 , respectively. Depreciation expense for the nine months ended August 31, 2017 and August 31, 2016 amounted to $66,301 and $59,765 , respectively.

Intangible Assets

Intangible Assets	9 Months Ended
	Aug. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS Intangible assets consist of owned trademarks and patents for ten product lines. August 31, November 30, Patents and trademarks $ 580,007 $ 580,007 Less: Accumulated amortization 146,520 146,229 Intangible Assets - Net $ 433,487 $ 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 August 31 , 2017 and 2016 amounted to $ 97 and $ 97 , respectively. Amortization expense for the nine months ended August 31, 2017 and August 31, 2016 amounted to $291 and $291 , respectively. Estimated amortization expenses for the years ending November 30, 2017, 2018, 2019, 2020 and 2021 are $388 , $388 , $388 , $243 and $243 , respectively.

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Aug. 31, 2017
Payables and Accruals [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES The following items which exceeded 5% of total current liabilities are included in accrued liabilities as of: August 31, November 30, Co-operative advertising $ 1,447,758 $ 1,741,402 Restructuring Costs $ — $ 925,000 Accrued bonuses $ 480,518 * Media $ 720,230 * * 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 liabilities as of: August 31, November 30, Sub-lease rent differential $ 220,509 $ 264,126

Debt Agreement

Debt Agreement	9 Months Ended
	Aug. 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 $3,164,300 as of August 31, 2017 .

Other Income

Other Income	9 Months Ended
	Aug. 31, 2017
Other Income and Expenses [Abstract]
OTHER INCOME	OTHER INCOME Other income consists of the following: Three Months Ended August 31, Nine Months Ended August 31, 2017 2016 2017 2016 Interest and dividend income $ — $ 41 $ — $ 49 Royalty income 3,000 3,000 9,000 9,000 Miscellaneous 1,615 1,494 3,762 4,232 Total Other Income $ 4,615 $ 4,535 $ 12,762 $ 13,281

401(K) Plan

401(K) Plan	9 Months Ended
	Aug. 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 Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Company Contributions $ 8,925 $ — $ 16,568 $ —

Income Taxes

Income Taxes	9 Months Ended
	Aug. 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 August 31, 2017 and August 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 $30,725 and $7,981,743 , 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 August 31, 2017 . At August 31, 2017 and November 30, 2016 , respectively, the Company had temporary differences arising from the following: August 31, 2017 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (368,265 ) $ (134,232 ) $ — $ (134,232 ) Reserve for bad debts 9,958 3,630 3,630 — Reserve for returns 125,287 45,667 45,667 — Accrued returns 119,533 43,570 43,570 — Reserve for obsolete inventory 112,834 41,128 41,128 — Vacation accrual 49,892 18,186 18,186 — Alternative minimum tax carry forward — 79,875 79,875 Deferred Compensation 446,803 162,860 162,860 Bonus obligation unpaid 480,518 175,149 175,149 — Charitable contributions 403,263 146,990 116,265 30,725 Section 263A costs 55,976 20,403 20,403 — Loss carry forward 25,087,498 9,144,391 1,162,648 7,981,743 Net deferred tax asset $ 9,747,617 $ 1,626,646 $ 8,120,971 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 Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Continuing Operations Current tax - Federal $ 43,875 $ — $ 59,875 $ — Current tax - State & Local 312 16,365 6,189 21,100 Deferred tax 310,629 178,661 816,846 553,189 Tax - Continuing Operations $ 354,816 $ 195,026 $ 882,910 $ 574,289 Discontinued Operations Current tax - Federal — — — — Current tax - State & Local — — — — Deferred tax — — — (7,704 ) Tax - Discontinued Operations $ — $ — $ — $ (7,704 ) Prepaid and refundable income taxes are made up of the following components: Prepaid and refundable income taxes Federal State & Total August 31, 2017 $ 26,707 $ 39,813 $ 66,520 November 30, 2016 $ — $ 44,154 $ 44,154 Income taxes payable are made up of the following components: Income Taxes Payable Federal State & Total 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 August 31, 2017 , and August 31, 2016 is as follows: Three Months Ended Three Months Ended August 31, 2017 August 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 249,050 34.00 % $ 175,574 34.00 % Changes in provision for income taxes resulting from: State income taxes, net of federal income tax benefit 21,242 2.90 % 14,975 2.90 % Non-deductible expenses and other adjustments 84,524 11.54 % 4,477 0.87 % Provision for income taxes at effective rate 354,816 48.44 % 195,026 37.77 % Discontinued Operations (Benefit from) income taxes at federal statutory rate — — % — — % Changes in benefit from income taxes resulting from: State income taxes, net of federal income tax benefit — — % — — % Non-deductible expenses and other adjustments — — % — — % (Benefit from) income taxes at effective rate for Discontinued Operations — — % — — % Total provision for income taxes at effective rate $ 354,816 48.44 % $ 195,026 37.77 % Nine Months Ended Nine Months Ended August 31, 2017 August 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 729,604 34.00 % $ 522,105 34.00 % Increases in taxes resulting from: State income taxes, net of federal income tax benefit 62,231 2.90 % 44,533 2.90 % Non-deductible expenses and other adjustments 91,075 4.24 % 7,651 0.50 % Provision for income taxes at effective rate 882,910 41.14 % 574,289 37.40 % 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 — — % (700 ) 3.40 % (Benefit from) income taxes at effective rate — — % (7,704 ) 37.40 % Total Provision for income taxes at effective rate $ 882,910 41.14 % $ 566,585 37.40 %

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Aug. 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. On June 7, 2017, the shareholders approved an amendment to the 2015 CCA Industries, Inc. Incentive Plan increasing the shares available that can be issued from 700,000 to 1,400,000 shares of common stock. The Company recorded a charge against earnings in the amount of $48,392 for the three months ended August 31 , 2017 and $97,707 for the three months ended August 31 , 2016 for all outstanding stock options granted. The Company recorded a charge against earnings in the amount of $126,863 and $238,685 , respectively, for the nine months ended August 31, 2017 and August 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, 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 $ — Granted 232,500 3.30 Exercised — — Canceled or Forfeited — — Outstanding at August 31, 2017 796,500 $ 3.26 6.8 $ —

Income Per Share

Income Per Share	9 Months Ended
	Aug. 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 Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Net income available for common shareholders $ 377,683 $ 321,367 $ 1,262,984 $ 948,419 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 158,343 41,327 — 68,209 Weighted average common shares and common shares equivalents—Diluted 7,165,027 7,048,011 7,006,684 7,074,893 Earnings per Share: Basic Continuing Operations $ 0.05 $ 0.05 $ 0.18 $ 0.14 Discontinued Operations $ — $ — $ — $ — Income $ 0.05 $ 0.05 $ 0.18 $ 0.14 Diluted Continuing Operations $ 0.05 $ 0.05 $ 0.18 $ 0.14 Discontinued Operations $ — $ — $ — $ — Income $ 0.05 $ 0.05 $ 0.18 $ 0.14 For the three months ended August 31, 2017 and August 31, 2016 , there were 421,500 and 560,000 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 nine months ended August 31, 2017 and August 31, 2016 , there were 2,689,244 and 2,204,744 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.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Aug. 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 nine months ended August 31, 2016: Three Months Ended Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Revenues: Sales of health and beauty-aid products-net $ — $ — $ — $ (20,600 ) Total revenues — — — (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 — — — (20,600 ) (Benefit from) income taxes — — — (7,704 ) (Loss) from Discontinued Operations $ — $ — $ — $ (12,896 )

Certain Relationships and Relat

Certain Relationships and Related Transactions	9 Months Ended
	Aug. 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 nine months ended August 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 $58,565 and $37,940 , respectively for the three months ended August 31, 2017 and August 31, 2016 for fees to FMM. The Company incurred costs of $123,743 and $100,424 , respectively, for the nine months ended August 31, 2017 and August 31, 2016 . As of August 31, 2017 , there were unpaid fees of $253,522 due to FMM. On March 23, 2017, CCA Industries, Inc. (the “Company”) entered into a License Agreement (the “Agreement”) with Ultimark Products, Inc. (“Ultimark”) for the exclusive right to manufacture, market and sell the Porcelana brand of skin care products. The Company’s Chairman of the Board and Chief Executive Officer, Lance Funston, is also the Chairman of the Board and Chief Executive Officer of Ultimark. Porcelana is designed to reduce dark spots and brighten the skin. Under the Agreement, the Company acquired the exclusive right and license to use the Porcelana brand, formulas, packaging designs and trademarks (collectively, the “Porcelana Brand”) in connection with the design, development, manufacture, advertising, marketing, promotion, offering, sale and distribution of Porcelana products worldwide. In addition, the Company shall purchase all good and saleable inventory of Porcelana products in Ultimark’s possession or control as of April 1, 2017 at Ultimark’s cost, without markup. The Agreement has a term of one year, effective April 1, 2017 and ending March 31, 2018. The Agreement may be renewed, at the Company’s option, for up to two additional one-year terms. The Agreement requires the Company to pay Ultimark a royalty of 10% on the gross sales of Porcelana products manufactured and sold under the Agreement. Royalties are payable quarterly, commencing the first fiscal quarter in which Porcelana products are sold pursuant to the Agreement. There is no minimum royalty for any period under the Agreement. In addition, the Company has the option to purchase the Porcelana Brand from Ultimark during the term of the Agreement for an amount not to exceed $3.2 million , subject to a fairness opinion. In the event of such purchase, the Agreement shall thereafter terminate and no further royalties or compensation will be due thereunder. The Company incurred costs of $48,172 and $83,419 , respectively, for the three and nine month periods ending August 31, 2017 for royalties under the Agreement. As of August 31, 2017 , there were unpaid royalties of 48,172 due to Ultimark.

Subsequent Events

Subsequent Events	9 Months Ended
	Aug. 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On September 28, 2017, the board of directors appointed Justin W. Mills to the board of directors to fulfill the remaining term of Linda Shein, who resigned on September 9, 2017. On October 2, 2017, the Compensation Committee of the board of directors awarded a non-qualified stock option agreement for 75,000 shares to Justin W. Mills, at $3.30 per share, the closing price as of the same date.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Aug. 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 August 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: 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)
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 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: Long-lived assets are assets in which the Company has an economic benefit for longer than twelve months from the date of the financial statements. 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 August 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 $204,527 and $613,723 , respectively, in the three and nine months ended August 31, 2017 to reduce open cooperative advertising contracts for 2014 for events that have been finalized. There were reductions of $0 and $300,000 , respectively, for open cooperative advertising contracts that were finalized during the three and nine months ended August 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	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: The Company’s policy for financial reporting is to charge shipping costs as part of selling, general and administrative expenses as incurred.
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 : The Company's policy for financial reporting is to charge research and development costs to expense as incurred.
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 August 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 August 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	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 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 August 31, 2017 , the Company reported $1,626,646 of deferred tax as a current asset. It will not have an impact on the Company's results of operations. Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements, other than any that were disclosed in prior Company filings with the SEC.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Aug. 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)

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Aug. 31, 2017
Inventory Disclosure [Abstract]
Schedule of components of inventory	The components of inventory consist of the following: August 31, November 30, Raw materials $ 460,728 $ 586,372 Finished goods 1,715,917 1,761,111 $ 2,176,645 $ 2,347,483

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Aug. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of components of property and equipment	The components of property and equipment consisted of the following: August 31, November 30, Furniture and equipment $ 571,127 $ 559,971 Tools, dies and masters 498,000 469,652 Capitalized lease obligations 15,287 15,286 Leasehold improvements 35,017 35,017 $ 1,119,431 $ 1,079,926 Less: Accumulated depreciation 911,023 844,723 Property and Equipment—Net $ 208,408 $ 235,203

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Aug. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Intangible assets consist of owned trademarks and patents for ten product lines. August 31, November 30, Patents and trademarks $ 580,007 $ 580,007 Less: Accumulated amortization 146,520 146,229 Intangible Assets - Net $ 433,487 $ 433,778

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Aug. 31, 2017
Payables and Accruals [Abstract]
Schedule of accrued liabilities	The following items which exceeded 5% of total current liabilities are included in accrued liabilities as of: August 31, November 30, Co-operative advertising $ 1,447,758 $ 1,741,402 Restructuring Costs $ — $ 925,000 Accrued bonuses $ 480,518 * Media $ 720,230 * * 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 liabilities as of: August 31, November 30, Sub-lease rent differential $ 220,509 $ 264,126

Other Income (Tables)

Other Income (Tables)	9 Months Ended
	Aug. 31, 2017
Other Income and Expenses [Abstract]
Summary of other income	Other income consists of the following: Three Months Ended August 31, Nine Months Ended August 31, 2017 2016 2017 2016 Interest and dividend income $ — $ 41 $ — $ 49 Royalty income 3,000 3,000 9,000 9,000 Miscellaneous 1,615 1,494 3,762 4,232 Total Other Income $ 4,615 $ 4,535 $ 12,762 $ 13,281

401(K) Plan (Tables)

401(K) Plan (Tables)	9 Months Ended
	Aug. 31, 2017
Retirement Benefits [Abstract]
Schedule of company's matching contributions	The Company made the following matching contributions: Three Months Ended Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Company Contributions $ 8,925 $ — $ 16,568 $ —

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Aug. 31, 2017
Income Tax Disclosure [Abstract]
Summary of temporary differences	At August 31, 2017 and November 30, 2016 , respectively, the Company had temporary differences arising from the following: August 31, 2017 Classified As Type Amount Deferred Tax Short-Term Long-Term Depreciation $ (368,265 ) $ (134,232 ) $ — $ (134,232 ) Reserve for bad debts 9,958 3,630 3,630 — Reserve for returns 125,287 45,667 45,667 — Accrued returns 119,533 43,570 43,570 — Reserve for obsolete inventory 112,834 41,128 41,128 — Vacation accrual 49,892 18,186 18,186 — Alternative minimum tax carry forward — 79,875 79,875 Deferred Compensation 446,803 162,860 162,860 Bonus obligation unpaid 480,518 175,149 175,149 — Charitable contributions 403,263 146,990 116,265 30,725 Section 263A costs 55,976 20,403 20,403 — Loss carry forward 25,087,498 9,144,391 1,162,648 7,981,743 Net deferred tax asset $ 9,747,617 $ 1,626,646 $ 8,120,971 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 Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Continuing Operations Current tax - Federal $ 43,875 $ — $ 59,875 $ — Current tax - State & Local 312 16,365 6,189 21,100 Deferred tax 310,629 178,661 816,846 553,189 Tax - Continuing Operations $ 354,816 $ 195,026 $ 882,910 $ 574,289 Discontinued Operations Current tax - Federal — — — — Current tax - State & Local — — — — Deferred tax — — — (7,704 ) Tax - Discontinued Operations $ — $ — $ — $ (7,704 )
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 August 31, 2017 $ 26,707 $ 39,813 $ 66,520 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 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 August 31, 2017 , and August 31, 2016 is as follows: Three Months Ended Three Months Ended August 31, 2017 August 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 249,050 34.00 % $ 175,574 34.00 % Changes in provision for income taxes resulting from: State income taxes, net of federal income tax benefit 21,242 2.90 % 14,975 2.90 % Non-deductible expenses and other adjustments 84,524 11.54 % 4,477 0.87 % Provision for income taxes at effective rate 354,816 48.44 % 195,026 37.77 % Discontinued Operations (Benefit from) income taxes at federal statutory rate — — % — — % Changes in benefit from income taxes resulting from: State income taxes, net of federal income tax benefit — — % — — % Non-deductible expenses and other adjustments — — % — — % (Benefit from) income taxes at effective rate for Discontinued Operations — — % — — % Total provision for income taxes at effective rate $ 354,816 48.44 % $ 195,026 37.77 % Nine Months Ended Nine Months Ended August 31, 2017 August 31, 2016 Amount Percent of Pretax Income Amount Percent of Pretax Income Continuing Operations Provision for income taxes at federal statutory rate $ 729,604 34.00 % $ 522,105 34.00 % Increases in taxes resulting from: State income taxes, net of federal income tax benefit 62,231 2.90 % 44,533 2.90 % Non-deductible expenses and other adjustments 91,075 4.24 % 7,651 0.50 % Provision for income taxes at effective rate 882,910 41.14 % 574,289 37.40 % 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 — — % (700 ) 3.40 % (Benefit from) income taxes at effective rate — — % (7,704 ) 37.40 % Total Provision for income taxes at effective rate $ 882,910 41.14 % $ 566,585 37.40 %

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Aug. 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, 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 $ — Granted 232,500 3.30 Exercised — — Canceled or Forfeited — — Outstanding at August 31, 2017 796,500 $ 3.26 6.8 $ —

Income Per Share (Tables)

Income Per Share (Tables)	9 Months Ended
	Aug. 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 Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Net income available for common shareholders $ 377,683 $ 321,367 $ 1,262,984 $ 948,419 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 158,343 41,327 — 68,209 Weighted average common shares and common shares equivalents—Diluted 7,165,027 7,048,011 7,006,684 7,074,893 Earnings per Share: Basic Continuing Operations $ 0.05 $ 0.05 $ 0.18 $ 0.14 Discontinued Operations $ — $ — $ — $ — Income $ 0.05 $ 0.05 $ 0.18 $ 0.14 Diluted Continuing Operations $ 0.05 $ 0.05 $ 0.18 $ 0.14 Discontinued Operations $ — $ — $ — $ — Income $ 0.05 $ 0.05 $ 0.18 $ 0.14

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Aug. 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 nine months ended August 31, 2016: Three Months Ended Nine Months Ended August 31, 2017 August 31, 2016 August 31, 2017 August 31, 2016 Revenues: Sales of health and beauty-aid products-net $ — $ — $ — $ (20,600 ) Total revenues — — — (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 — — — (20,600 ) (Benefit from) income taxes — — — (7,704 ) (Loss) from Discontinued Operations $ — $ — $ — $ (12,896 )

Organization and Description 34

Organization and Description of Business (Details)	Aug. 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)	9 Months Ended
	Aug. 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

Summary of Significant Accoun36

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016	Nov. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Impairment of long-lived assets			$ 0	$ 0
Summary of Significant Accounting Policies (Textual) [Abstract]
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	$ 204,527	$ 0	$ 613,723	300,000
Shipping costs	93,566	122,914	271,810	377,861
Advertising, cooperative and promotional expenses	738,635	241,335	1,681,999	1,219,353
Research and development	16,811	$ 9,571	44,143	$ 44,498
Net deferred tax asset	1,626,646		1,626,646		$ 2,148,764
Accounting Standards Update 2015-07
Summary of Significant Accounting Policies (Textual) [Abstract]
Net deferred tax asset	$ 1,626,646		$ 1,626,646
Patents
Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life			17 years

Inventories - Components of Inv

Inventories - Components of Inventory (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Schedule of components of inventory
Raw materials	$ 460,728	$ 586,372
Finished goods	1,715,917	1,761,111
Inventory	$ 2,176,645	$ 2,347,483

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Inventory Disclosure [Abstract]
Reserve for inventory obsolescence	$ 112,834	$ 500,156

Property and Equipment - Net (D

Property and Equipment - Net (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Schedule of components of property and equipment
Property and Equipment - Gross	$ 1,119,431	$ 1,079,926
Less: Accumulated depreciation	911,023	844,723
Property and Equipment—Net	208,408	235,203
Furniture and equipment
Schedule of components of property and equipment
Property and Equipment - Gross	571,127	559,971
Tools, dies and masters
Schedule of components of property and equipment
Property and Equipment - Gross	498,000	469,652
Capitalized lease obligations
Schedule of components of property and equipment
Property and Equipment - Gross	15,287	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		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 20,738	$ 20,846	$ 66,301	$ 59,765

Intangible Assets - Net (Detail

Intangible Assets - Net (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Schedule of Intangible Assets
Patents and trademarks	$ 580,007	$ 580,007
Less: Accumulated amortization	146,520	146,229
Intangible Assets - Net	$ 433,487	$ 433,778

Intangible Assets - Narrative (

Intangible Assets - Narrative (Details)	3 Months Ended		9 Months Ended
	Aug. 31, 2017USD ($)	Aug. 31, 2016USD ($)	Aug. 31, 2017USD ($)product_line	Aug. 31, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
Number of product lines | product_line			10
Amortization Expense	$ 97	$ 97	$ 291	$ 291
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 Liabilities - Narrative

Accrued Liabilities - Narrative (Details)	Aug. 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 Liabilities - Component

Accrued Liabilities - Components of Accrued Expenses (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Current Accrued Expenses
Co-operative advertising	$ 1,447,758	$ 1,741,402
Restructuring Costs	0	925,000
Accrued bonuses	480,518
Media	720,230
Long-term Accrued Expenses
Sub-lease rent differential	$ 220,509	$ 264,126

Debt Agreement (Details)

Debt Agreement (Details) - USD ($)	Dec. 04, 2015	Aug. 31, 2017	Nov. 30, 2016
Debt Instrument [Line Items]
Line of credit		$ 3,164,300	$ 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		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Summary of other Income
Interest and dividend income	$ 0	$ 41	$ 0	$ 49
Royalty income	3,000	3,000	9,000	9,000
Miscellaneous	1,615	1,494	3,762	4,232
Total Other Income	$ 4,615	$ 4,535	$ 12,762	$ 13,281

401(K) Plan (Details)

401(K) Plan (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 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	$ 8,925	$ 0	$ 16,568	$ 0

Income Taxes - Temporary Differ

Income Taxes - Temporary Differences (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Amount
Depreciation	$ (368,265)	$ (349,763)
Reserve for bad debts	9,958	15,801
Reserve for returns	125,287	941,228
Accrued returns	119,533	194,873
Reserve for obsolete inventory	112,834	500,156
Vacation accrual	49,892	29,528
Deferred Compensation	446,803	304,945
Bonus obligation unpaid	480,518	304,355
Restructuring costs		925,000
Charitable contributions	403,263	584,558
Section 263A costs	55,976	79,539
Loss carry forward	25,087,498	25,398,347
Deferred Tax
Depreciation	(134,232)	(127,489)
Reserve for bad debts	3,630	5,759
Reserve for returns	45,667	343,078
Accrued returns	43,570	71,031
Reserve for obsolete inventory	41,128	182,307
Vacation accrual	18,186	10,763
Alternative minimum tax carry forward	79,875	20,000
Deferred Compensation	162,860	111,153
Bonus obligation unpaid	175,149	110,937
Restructuring costs		337,163
Charitable contributions	146,990	213,071
Section 263A costs	20,403	28,992
Loss carry forward	9,144,391	9,257,698
Net deferred tax asset	9,747,617	10,564,463
Short-Term Asset
Depreciation	0	0
Reserve for bad debts	3,630	5,759
Reserve for returns	45,667	343,078
Accrued returns	43,570	71,031
Reserve for obsolete inventory	41,128	182,307
Vacation accrual	18,186	10,763
Bonus obligation unpaid	175,149	110,937
Restructuring costs		337,163
Charitable contributions	116,265	96,249
Section 263A costs	20,403	28,992
Loss carry forward	1,162,648	962,485
Net deferred tax asset	1,626,646	2,148,764
Long-Term Asset (Liability)
Depreciation	(134,232)	(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	79,875	20,000
Deferred Compensation	162,860	111,153
Bonus obligation unpaid	0	0
Restructuring costs		0
Charitable contributions	30,725	116,822
Section 263A costs	0	0
Loss carry forward	7,981,743	8,295,213
Net deferred tax asset	$ 8,120,971	$ 8,415,699

Income Taxes - Expenses (Detail

Income Taxes - Expenses (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Continuing Operations
Current tax - Federal	$ 43,875	$ 0	$ 59,875	$ 0
Current tax - State & Local	312	16,365	6,189	21,100
Deferred tax	310,629	178,661	816,846	553,189
Provision for income taxes at effective rate	354,816	195,026	882,910	574,289
Discontinued Operations
Current tax - Federal	0	0	0	0
Current tax - State & Local	0	0	0	0
Deferred tax	0	0	0	(7,704)
Tax - Discontinued Operations	$ 0	$ 0	$ 0	$ (7,704)

Income Taxes - Prepaid and Paya

Income Taxes - Prepaid and Payable (Details) - USD ($)	Aug. 31, 2017	Nov. 30, 2016
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	$ 66,520	$ 44,154
Income tax payable	0	20,000
Federal
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	26,707	0
Income tax payable		20,000
State & Local
Operating Loss Carryforwards [Line Items]
Prepaid and refundable income taxes	$ 39,813	44,154
Income tax payable		$ 0

Income Taxes - Rate Reconciliat

Income Taxes - Rate Reconciliation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Changes in provision for income taxes resulting from:
Provision for income taxes at effective rate	$ 354,816	$ 195,026	$ 882,910	$ 574,289
Total provision for income taxes at effective rate			816,846	545,485
Continuing and Discontinued Operations
Changes in provision for income taxes resulting from:
Total provision for income taxes at effective rate	$ 354,816	$ 195,026	$ 882,910	$ 566,585
Changes in provision for income taxes resulting from:
Total provision for income taxes at effective rate	48.44%	37.77%	41.14%	37.40%
Continuing Operations
Amount
Provision for income taxes at federal statutory rate	$ 249,050	$ 175,574	$ 729,604	$ 522,105
Changes in provision for income taxes resulting from:
State income taxes, net of federal income tax benefit	21,242	14,975	62,231	44,533
Non-deductible expenses and other adjustments	84,524	4,477	91,075	7,651
Provision for income taxes at effective rate	$ 354,816	$ 195,026	$ 882,910	$ 574,289
Percent of Pretax Income
Provision for income taxes at federal statutory rate	34.00%	34.00%	34.00%	34.00%
Changes in provision for income taxes resulting from:
State income taxes, net of federal income tax benefit	2.90%	2.90%	2.90%	2.90%
Non-deductible expenses and other adjustments	11.54%	0.87%	4.24%	0.50%
Provision for income taxes at effective rate	48.44%	37.77%	41.14%	37.40%
Discontinued Operations
Amount
Provision for income taxes at federal statutory rate	$ 0	$ 0	$ 0	$ (7,004)
Changes in provision for income taxes resulting from:
State income taxes, net of federal income tax benefit	0	0	0	0
Non-deductible expenses and other adjustments	0	0	0	(700)
(Benefit from) income taxes at effective rate for Discontinued Operations	$ 0	$ 0	$ 0	$ (7,704)
Percent of Pretax Income
Provision for income taxes at federal statutory rate	0.00%	0.00%	0.00%	34.00%
Changes in provision for income taxes resulting from:
State income taxes, net of federal income tax benefit	0.00%	0.00%	0.00%	0.00%
Non-deductible expenses and other adjustments	0.00%	0.00%	0.00%	3.40%
(Benefit from) income taxes at effective rate for Discontinued Operations	0.00%	0.00%	0.00%	37.40%

Stock-based Compensation - Narr

Stock-based Compensation - Narrative and Assumptions (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016	Jul. 07, 2017	Aug. 13, 2015	Jun. 15, 2005
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 48,392	$ 97,707	$ 126,863	$ 238,685
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)					1,400,000	700,000

Stock-based Compensation - Opti

Stock-based Compensation - Option Activity (Details) - USD ($)	3 Months Ended			12 Months Ended
	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Nov. 30, 2015
Number of Options
Beginning Balance, Outstanding (shares)	564,000	564,000	564,000	104,000
Granted (shares)	232,500	0	0	519,000
Exercised (shares)	0	0	0	0
Cancelled or Forfeited (shares)	0	0	0	59,000
Ending Balance, Outstanding (shares)	796,500	564,000	564,000	564,000	104,000
Weighted-Average Exercise Price
Beginning Balance, Outstanding (usd per share)	$ 3.25	$ 3.25	$ 3.25	$ 3.41
Granted (usd per share)	3.30	0		3.23
Exercised (usd per share)		0		0
Cancelled or Forfeited (usd per share)		0		3.42
Ending Balance, Outstanding (usd per share)	$ 3.26	$ 3.25	$ 3.25	$ 3.25	$ 3.41
Weighted-Average Remaining Term (years)	6 years 9 months 20 days	5 years 10 months 20 days	6 years 1 month 6 days	9 years 2 months 12 days	7 years 7 months 6 days
Aggregate Intrinsic Value
Aggregate Intrinsic Value	$ 0	$ 0		$ 0	$ 0

Income Per Share (Details)

Income Per Share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Earnings Per Share [Abstract]
Net income available for common shareholders	$ 377,683	$ 321,367	$ 1,262,984	$ 948,419
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)	158,343	41,327	0	68,209
Weighted average common shares and common shares equivalents-Diluted (shares)	7,165,027	7,048,011	7,006,684	7,074,893
Basic
Continuing Operations (usd per share)	$ 0.05	$ 0.05	$ 0.18	$ 0.14
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	0.05	0.05	0.18	0.14
Diluted
Continuing Operations (usd per share)	0.05	0.05	0.18	0.14
Discontinued Operations (usd per share)	0	0	0	0
Income (usd per share)	$ 0.05	$ 0.05	$ 0.18	$ 0.14
Antidilutive securities excluded from computation of earnings per share (shares)	421,500	560,000	2,689,244	2,204,744

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Aug. 31, 2017	Aug. 31, 2016
Costs and Expenses:
( Loss) before (benefit from) income taxes	$ 0	$ 0	$ 0	$ (20,600)
(Benefit from) income taxes	0	0	0	(7,704)
(Loss) from Discontinued Operations	0	0	0	(12,896)
Discontinued Operations | Gel Perfect
Revenues:
Sales of health and beauty-aid products-net	0	0	0	(20,600)
Total revenues	0	0	0	(20,600)
Costs and Expenses:
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	0	0	(20,600)
(Benefit from) income taxes	0	0	0	(7,704)
(Loss) from Discontinued Operations	$ 0	$ 0	$ 0	$ (12,896)

Certain Relationships and Rel56

Certain Relationships and Related Transactions (Details)	Mar. 23, 2017USD ($)agreement_renewal	Sep. 05, 2014USD ($)$ / sharesshares	Aug. 31, 2017USD ($)	Aug. 31, 2016USD ($)	Aug. 31, 2017USD ($)	Aug. 31, 2016USD ($)
Related Party Transaction [Line Items]
Interest expense - related party			$ 0	$ 0	$ 0	$ 3,085
Amortized financing costs incurred					94,699	96,406
Advertising, cooperative and promotional expenses			738,635	241,335	1,681,999	1,219,353
Affiliated Entity
Related Party Transaction [Line Items]
Shares of common stock issued upon exercise of warrant (shares) | shares		1,892,744
Exercise period from date of the warrant		5 years
Purchase price of warrant (usd per share) | $ / shares		$ 3.17
Amortized financing costs incurred			0		$ 0
Commission percent					10.00%
Advertising, cooperative and promotional expenses			58,565	$ 37,940	$ 123,743	$ 100,424
Accounts payable to related party			253,522		253,522
Agreement term	1 year
Number of agreement renewals | agreement_renewal	2
Agreement renewal period	1 year
Royalty percentage of gross sales	10.00%
Option to purchase brand (not to exceed)	$ 3,200,000
Royalty Expense			48,172		83,419
Accrued Royalties			$ 48,172		$ 48,172
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
Minimum [Member] | Affiliated Entity
Related Party Transaction [Line Items]
Royalty Expense	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares	Oct. 02, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016
Subsequent Event [Line Items]
Options granted (shares)		232,500	0	0	519,000
Exercise price of options granted (usd per share)		$ 3.30	$ 0		$ 3.23
Subsequent Event | Director
Subsequent Event [Line Items]
Options granted (shares)	75,000
Exercise price of options granted (usd per share)	$ 3.30