Inventories (Tables)

12 Months Ended

Nov. 05, 2016

Inventory Disclosure [Abstract]

Summary of Breakdown of Elements of Inventory

A breakdown of the elements of inventory at November 5, 2016 and October 31, 2015 is as follows:

	November 5, 2016			October 31, 2015
Raw materials	$	717,525		$	721,751
Work-in-process		120,693			113,891
Finished homes		6,025,268			5,114,568
Model home furniture		105,595			69,495
Inventories	$	6,969,081		$	6,019,705
Pre-owned homes *	$	4,014,119		$	5,516,272
Inventory impairment reserve **		(984,815	)		(1,425,108	)
		3,029,304			4,091,164
Less homes expected to sell in 12 months		(1,295,694	)		(1,366,974	)
Pre-owned homes, long-term	$	1,733,610		$	2,724,190

* The following table summarizes a breakdown of pre-owned homes inventory for fiscal years 2016 and 2015:

	Buy Back			Repossessions			Trade-Ins			Total
Balance at November 1, 2014	$	5,173,960		$	1,137,968		$	10,555		$	6,322,483
Additions		429,109			436,478			66,610			932,197
Sales		(1,287,831	)		(416,337	)		(34,240	)		(1,738,408	)
Balance at October 31, 2015		4,315,238			1,158,109			42,925			5,516,272
Additions		—			350,735			56,486			407,221
Sales		(1,745,955	)		(106,453	)		(56,966	)		(1,909,374	)
Balance at November 5, 2016	$	2,569,283		$	1,402,391		$	42,445		$	4,014,119

** An analysis of the pre-owned home inventory impairment reserve at November 5, 2016 and October 31, 2016 is as follows:

	November 5, 2016			October 31, 2015
Balance at beginning of year	$	1,425,108		$	1,772,280
Less: Reductions for homes sold		(568,797	)		(258,001	)
Inventory holding costs		(143,079	)		(141,468	)
Additions to impairment reserve		271,583			52,297
Balance at end of year	$	984,815		$	1,425,108