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Condensed Consolidated Balance Sheets - USD ($)
May 02, 2020
Nov. 02, 2019
Current assets:    
Cash and cash equivalents $ 16,976,460 $ 22,533,965
Certificates of Deposit 10,215,997 10,153,575
Short-term investments 333,840 521,283
Accounts receivable - trade 494,236 1,351,838
Note receivable 69,217 83,231
Mortgage notes receivable 18,858 17,896
Inventories 10,572,636 10,616,778
Pre-owned homes, net 188,401 331,103
Prepaid expenses and other current assets 1,073,991 1,217,762
Total current assets 39,943,636 46,827,431
Property, plant and equipment, net 5,175,393 5,005,644
Pre-owned homes, net 1,314,559 808,128
Note receivable, less current portion 23,797 43,769
Mortgage notes receivable, less current portion 229,878 232,148
Other investments 1,689,543 1,649,273
Deferred income taxes 53,528 80,405
Operating lease right of use assets 733,867  
Cash surrender value of life insurance 3,713,974 3,617,974
Other assets 156,287 156,287
Total assets 53,034,462 58,421,059
Current liabilities:    
Accounts payable 753,437 1,111,216
Accrued compensation 521,987 748,626
Accrued expenses and other current liabilities 1,367,116 2,055,952
Operating lease obligation 18,819  
Income taxes payable 32,182 2,016,132
Customer deposits 1,649,451 3,022,818
Total current liabilities 4,342,992 8,954,744
Operating lease obligation, less current portion 791,209  
Total liabilities 5,134,201 8,954,744
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.10 par value, 500,000 shares authorized; none issued and outstanding
Common stock, $.10 par value, 10,000,000 shares authorized; 5,364,907 shares issued; 3,630,970 and 3,664,070 outstanding, respectively 536,491 536,491
Additional paid in capital 10,689,474 10,687,662
Retained earnings 54,942,498 55,298,750
Accumulated other comprehensive income 389,164
Less treasury stock at cost, 1,733,937 shares in 2020 and 1,700,837 shares in 2019 (18,268,202) (17,445,752)
Total stockholders' equity 47,900,261 49,466,315
Total liabilities and stockholders' equity $ 53,034,462 $ 58,421,059