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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
May 03, 2025
May 04, 2024
May 03, 2025
May 04, 2024
Income Statement [Abstract]        
Net sales $ 14,757,337 $ 11,527,978 $ 26,999,079 $ 26,295,976
Cost of sales (10,125,921) (7,359,584) (18,396,878) (17,393,236)
Gross profit 4,631,416 4,168,394 8,602,201 8,902,740
Selling, general and administrative expenses (1,889,197) (1,911,380) (3,565,847) (3,943,710)
Operating income 2,742,219 2,257,014 5,036,354 4,959,030
Other income (expense):        
Interest income 298,318 219,861 583,596 517,860
Undistributed earnings in joint venture - Majestic 21 21,462 20,535 47,269 42,709
Proceeds received under escrow arrangement 42,066 99,816 80,218 99,816
(Decrease) Increase in fair value of short term investments (96,104) 50,744 (99,020) 101,543
Gain on disposal of property, plant and equipment 1,000 0 1,000 0
Miscellaneous 16,965 74,587 25,722 125,128
Total other income 283,707 465,543 638,785 887,056
Income before provision for income taxes 3,025,926 2,722,557 5,675,139 5,846,086
Income tax expense (733,606) (696,598) (1,402,397) (1,481,690)
Net income $ 2,292,320 $ 2,025,959 $ 4,272,742 $ 4,364,396
Net income per share:        
Basic 3,268,991 3,268,829 3,268,910 3,268,829
Diluted 3,276,400 3,277,920 3,276,808 3,279,719
Basic $ 0.7 $ 0.62 $ 1.31 $ 1.34
Diluted $ 0.7 $ 0.62 $ 1.3 $ 1.33