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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Nov. 02, 2024
Nov. 04, 2023
Cash flows from operating activities:    
Net income $ 8,611,262 $ 10,898,864
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 170,413 153,512
Deferred income taxes 29,646 (46,496)
Undistributed earnings in joint venture - Majestic 21 (96,323) (104,306)
Return on investment in joint venture-Majestic 21 1,600,889 0
Gain on disposal of property (146,000) 0
(Increase) Decrease in fair market value of equity investments (152,118) 61,172
Stock-based compensation 172,206 118,794
Decrease (increase) in:    
Accounts receivable - trade (70,709) (1,576,163)
Inventories 478,754 1,939,395
Prepaid expenses and other current assets 6,145 439,496
Interest receivable (573,146) (309,134)
(Decrease) increase in:    
Accounts payable (65,826) (300,045)
Accrued compensation (192,609) (139,801)
Accrued expenses and other current liabilities 16,707 66,639
Income taxes payable 31,042 432,061
Customer deposits (2,772,379) (1,510,971)
Net cash provided by operating activities 7,047,954 10,123,017
Cash flows from investing activities:    
Purchase of property, plant and equipment (182,132) (506,793)
Purchase certificates of deposit (14,304,000) (11,026,000)
Purchase of property held for resale 0 (26,590)
Purchase of LMC stock for membership in buyers group (15,000) 0
Proceeds from certificates of deposit 11,496,000 4,848,000
Proceeds from disposal of property 146,000 0
Collections on interest receivable 563,594 186,735
Collections on mortgage notes receivable 919 553
Collections on equipment and other notes receivable 0 40,504
Increase in cash surrender value of life insurance (208,154) (188,624)
Net cash used in investing activities (2,502,773) (6,672,215)
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 (358,062) (2,774,091)
Cash and cash equivalents at beginning of year 13,879,358 16,653,449
Cash and cash equivalents at end of year 13,521,296 13,879,358
Supplemental disclosure of cash flows information:    
Income taxes paid $ 2,800,000 $ 3,000,000