Inventories (Tables)

12 Months Ended

Nov. 02, 2019

Inventory Disclosure [Abstract]

Summary of Breakdown of Elements of Inventory

A breakdown of the elements of inventory at November 2, 2019 and November 3, 2018 is as follows:

	November 2, 2019			November 3, 2018
Raw materials	$	941,206		$	904,399
Work-in-process		125,371			113,220
Inventory consigned to affiliated entities		1,540,949			1,140,982
Finished homes		7,888,879			4,998,004
Model home furniture		120,372			113,946
Inventories	$	10,616,778		$	7,270,550
Pre-owned homes *	$	1,311,626		$	1,956,265
Inventory impairment reserve **		(172,395	)		(549,434	)
		1,139,231			1,406,831
Less homes expected to sell in 12 months		(331,103	)		(933,640	)
Pre-owned homes, long-term	$	808,128		$	473,191

* The following table summarizes a breakdown of pre-owned homes inventory for fiscal years 2019 and 2018:

	Buy Back			Repossessions			Trade-Ins			Total
Balance at November 4, 2017		1,412,902			1,263,927			60,117			2,736,946
Additions		—			498,831			95,428			594,259
Sales		(697,154	)		(607,115	)		(70,671	)		(1,374,940	)
Balance at November 3, 2018		715,748			1,155,643			84,874			1,956,265
Additions		—			253,600			18,860			272,460
Sales		(573,353	)		(316,496	)		(27,250	)		(917,099	)
Balance at November 2, 2019	$	142,395		$	1,092,747		$	76,484		$	1,311,626

** An analysis of the pre-owned home inventory impairment reserve at November 2, 2019 and November 3, 2018 is as follows:

	November 2, 2019			November 3, 2018
Balance at beginning of year	$	549,434		$	779,725
Less: Reductions for homes sold		(207,180	)		(253,314	)
Inventory holding costs		(36,232	)		(81,977	)
Additions (reduction) to impairment reserve		(133,627	)		105,000
Balance at end of year	$	172,395		$	549,434