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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Aug. 03, 2024
Aug. 05, 2023
Cash flows from operating activities:    
Net income $ 6,549,708 $ 8,582,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 117,765 117,837
Deferred income taxes (23,237) 5,619
Undistributed earnings in joint venture - Majestic 21 (67,623) (76,276)
Return on investment in joint venture-Majestic 21 1,600,889 0
Gain on disposal of proprety, plant and equipment (3,000) 0
(Increase) decrease in fair market value of equity investments (90,329) 47,939
Stock-based compensation 128,697 92,775
Decrease (increase) in:    
Accounts receivable - trade 811,258 (1,307,655)
Inventories 1,130,609 714,144
Prepaid expenses and other current assets 87,118 352,096
Interest receivable (420,777) (168,333)
Income tax receivable 0 (157,827)
(Decrease) increase in:    
Accounts payable 19,418 25,360
Accrued compensation (19,709) (150,311)
Accrued expenses and other current liabilities (574,805) (332,267)
Income taxes payable 186,828 (229,200)
Customer deposits (2,755,087) (1,067,379)
Net cash provided by operating activities 6,677,723 6,448,666
Cash flows from investing activities:    
Purchase of property, plant and equipment (170,369) (510,009)
Purchase certificates of deposit (7,804,000) (5,782,000)
Purchase of property held for resale (38,880) (26,590)
Proceeds from certificates of deposit 5,286,000 2,430,000
Proceeds disposal of property, plant and equipment 3,000 0
Collections on interest receivable 254,230 76,308
Collections on mortgage notes receivable 306 325
Collections on equipment and other notes receivable 0 40,504
Increase in cash surrender value of life insurance (132,075) (132,075)
Net cash used in investing activities (2,601,788) (3,903,537)
Cash flows from financing activities:    
Payment of cash dividend (4,903,243) (3,370,912)
Purchase of treasury stock 0 (2,853,981)
Net cash used in financing activities (4,903,243) (6,224,893)
Decrease in cash and cash equivalents (827,308) (3,679,764)
Cash and cash equivalents at beginning of period 13,879,358 16,653,449
Cash and cash equivalents at end of period 13,052,050 12,973,685
Supplemental financing activity:    
Income taxes paid $ 2,060,000 $ 3,000,000