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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Apr. 30, 2016
May 02, 2015
Cash flows from operating activities:    
Net income $ 4,350,282 $ 1,160,341
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 60,666 47,004
Deferred income taxes 2,056,321  
Undistributed earnings in joint venture - Majestic 21 (69,110) (68,815)
Losses from investments in retirement community limited partnerships   57,350
Gain on sale of investment in retirement community (3,990,000)  
Inventory impairment 86,583  
Stock-based compensation 611 7,143
Decrease (increase) in:    
Accounts receivable 526,726 (339,194)
Inventories (819,580) (558,716)
Pre-owned homes 124,273 (314,523)
Income tax receivable 335 5,501
Prepaid expenses and other current assets (213,206) (656,987)
Interest receivable (7,596)  
(Decrease) increase in:    
Accounts payable (79,823) 596,860
Accrued compensation (5,084) (42,660)
Accrued expenses and other current liabilities 12,409 264,355
Income taxes payable 414,284  
Customer deposits (63,630) 302,103
Net cash provided by operating activities 2,384,461 459,762
Cash flows from investing activities:    
Purchase of property, plant and equipment (750,000) (20,989)
Distribution from joint venture - Majestic 21 1,000,005  
Proceeds from sale of investment in retirement community, net 960,000  
Collections on mortgage notes receivable 2,045 78
Increase in cash surrender value of life insurance (89,999) (63,000)
Net cash provided by (used in) investing activities 1,122,051 (83,911)
Cash flows from financing activities:    
Proceeds from exercise of employee stock options 30,370 15,820
Proceeds from sale of treasury stock 5,001  
Purchase of treasury stock (132,386) (131,520)
Net cash used in financing activities (97,015) (115,700)
Increase in cash and cash equivalents 3,409,497 260,151
Cash and cash equivalents at beginning of year 16,769,292 14,116,412
Cash and cash equivalents at end of quarter 20,178,789 $ 14,376,563
Supplemental disclosure of cash flows information:    
Income taxes paid 10,000  
Note receivable acquired from sale of investment in retirement community $ 3,030,000