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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jan. 30, 2021
Feb. 01, 2020
Cash flows from operating activities:    
Net income $ 1,065,765 $ 1,400,141
Adjustments to reconcile net income to net cash provide by operating activities:    
Depreciation 56,943 39,453
Deferred income taxes   26,877
Undistributed earnings in joint venture - Majestic 21 (13,708) (19,872)
(Increase) Decrease in fair market value of equity investments (79,956) 10,710
Stock-based compensation 20,521 906
Amortization of operating lease right of use assets 10,331 20,288
Decrease (Increase) in:    
Accounts receivable - trade (267,040) (482,648)
Inventories (1,309,716) (34,891)
Pre-owned homes (216,973) (270,995)
Prepaid expenses and other current assets (538,208) 2,449
Interest receivable (8,444) (48,242)
Income tax receivables 105,676  
(Decrease) increase in:    
Accounts payable 172,260 (538,411)
Accrued compensation (223,775) (291,764)
Accrued expenses and other current liabilities (270,148) (330,909)
Income taxes payable 230,133 (1,608,214)
Customer deposits 2,701,182 (529,473)
Net cash provided by operating activities 1,434,843 (2,654,595)
Cash flows from investing activities:    
Purchase of property, plant and equipment (278,070) (232,649)
Purchase of certificates of deposit   (20,000)
Proceeds from certicates of deposit 1,500,000  
Collections on interest receivable 28,640 50,998
Collections on mortgage notes receivable 609 696
Collections on equipment and other notes receivable 6,738 16,252
Increase in cash surrender value of life insurance (44,550) (48,000)
Net cash provided by (used in) investing activities 1,213,367 (232,703)
Cash flows from financing activities:    
Proceeds from excerise of employee stock options 15,125  
Purchase of treasury stock   (345,600)
Reduction of operating lease obligation (5,714) (14,503)
Net cash provided by (used in) financing activities 9,411 (360,103)
Increase (Decrease) in cash and cash equivalents 2,657,621 (3,247,401)
Cash and cash equivalents at beginning of year 30,305,902 22,533,965
Cash and cash equivalents at end of quarter $ 32,963,523 19,286,564
Supplemental disclosure of cash flows information:    
Income taxes paid   $ 2,020,000