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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
May 03, 2025
May 04, 2024
Cash flows from operating activities:    
Net income $ 4,272,742 $ 4,364,396
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 85,151 78,510
Deferred income taxes 8,197 (23,238)
Undistributed earnings in joint venture - Majestic 21 (47,269) (42,709)
Gain on disposal of property, plant and equipment (1,000) 0
Return on investment in joint venture-Majestic 21 0 1,600,889
Decrease (increase) in fair value of equity investments 99,020 (101,543)
Stock-based compensation 80,778 82,179
Decrease (increase) in:    
Accounts receivable - trade (761,707) 784,588
Inventories 1,065,353 312,681
Prepaid expenses and other current assets 103,942 44,138
Interest receivable (285,062) (261,300)
(Decrease) increase in:    
Accounts payable 213,295 229,960
Accrued compensation 21,586 (91,385)
Accrued expenses and other current liabilities (424,206) (589,492)
Income taxes payable 49,199 34,927
Customer deposits (1,183,112) (2,733,836)
Net cash provided by operating activities 3,296,907 3,688,765
Cash flows from investing activities:    
Purchase of property, plant and equipment (166,839) (143,576)
Purchase certificates of deposit (4,000,000) (5,304,000)
Proceeds from certificates of deposit 4,366,000 3,392,000
Proceeds from disposal of property, plant and equipment 1,000 0
Collections on interest receivable 203,600 138,398
Collections on mortgage notes receivable 222 173
Increase in cash surrender value of life insurance (102,000) (88,050)
Net cash provided by (used in) investing activities 301,983 (2,005,055)
Cash flows from financing activities:    
Payment of cash dividend (4,086,247) (4,903,243)
Net cash (used in) financing activities (4,086,247) (4,903,243)
Decrease in cash and cash equivalents (487,357) (3,219,533)
Cash and cash equivalents at beginning of period 13,521,296 13,879,358
Cash and cash equivalents at end of period 13,033,939 10,659,825
Supplemental financing activity:    
Income taxes paid $ 1,345,000 $ 1,470,000