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Stock Option Plan (Tables)
12 Months Ended
Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]  
Options Granted

A summary of information with respect to options granted is as follows:

 

Number of Shares

 

 

 

Stock Option Price Range

 

 

Weighted Average Exercise Price

 

 

Weighted Average Grant Date Fair Value

 

Outstanding at November 5, 2022

 

 

66,200

 

 

 

$ 24.00  - 33.10

 

 

$

27.37

 

 

$

498,844

 

Granted

 

 

29,300

 

 

 

 

24.25

 

 

 

24.25

 

 

 

223,214

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled

 

 

21,242

 

 

 

24.00  - 33.10

 

 

 

26.21

 

 

 

156,903

 

Outstanding at November 4, 2023

 

 

74,258

 

 

 

$ 24.00  - 33.10

 

 

$

26.46

 

 

$

565,155

 

Granted

 

 

29,850

 

 

 

 

32.00

 

 

 

32.00

 

 

 

308,649

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled

 

 

16,748

 

 

 

24.00  - 33.10

 

 

 

25.41

 

 

 

117,613

 

Outstanding at November 2, 2024

 

 

87,360

 

 

 

$ 24.00  - 33.10

 

 

$

28.67

 

 

$

756,191

 

Outstanding Stock Options

The following table summarizes information about the outstanding stock options for the year ended November 2, 2024:

 

Options Outstanding

 

 

Options Exercisable

 

Exercise Price

 

 

Shares Outstanding

 

 

Weighted Average
Remaining Contractual Life (years)

 

 

Weighted Average Exercise Price

 

 

Number Exercisable

 

 

Weighted
Average
Exercise Price

 

$

24.00

 

 

 

7,560

 

 

 

1

 

 

$

24.00

 

 

 

5,292

 

 

$

24.00

 

$

25.75

 

 

 

12,650

 

 

 

2

 

 

 

25.75

 

 

 

5,693

 

 

 

25.75

 

$

33.10

 

 

 

15,550

 

 

 

3

 

 

 

33.10

 

 

 

3,888

 

 

 

33.10

 

$

24.25

 

 

 

21,750

 

 

 

4

 

 

 

24.25

 

 

 

2,175

 

 

 

24.25

 

$

32.00

 

 

 

29,850

 

 

 

5

 

 

 

32.00

 

 

 

 

 

 

32.00

 

 

 

 

87,360

 

 

 

3.61

 

 

$

28.67

 

 

 

17,048

 

 

$

28.67