Stockholders' Equity

12 Months Ended

Nov. 02, 2024

Equity [Abstract]

Stockholders' Equity

NOTE 11 Stockholders’ Equity

Authorized preferred stock may be issued in series with rights and preferences designated by the Board of Directors at the time it authorizes the issuance of such stock. The Company has never issued any preferred stock. Treasury stock is recorded at cost and is presented as a reduction of stockholders’ equity in the accompanying consolidated financial statements. The Company repurchased no shares of its common stock in fiscal year 2024, except we reclassed 246 shares of common stock to treasury stock due to a cancellation of a stock award. The Company repurchased 102,083 shares of its common stock during fiscal years 2023.