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Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 33,720,078 $ 30,305,902
Certificates of deposit 2,090,910 4,602,307
Short-term investments 562,270 358,960
Accounts receivable—trade 1,134,675 790,046
Note receivable 41,636 35,997
Mortgage notes receivable 22,217 20,162
Income taxes receivable 81,262 105,676
Inventories 9,428,923 9,294,677
Pre-owned homes, net 678,303 441,937
Prepaid expenses and other current assets 1,370,339 1,014,849
Total current assets 49,130,613 46,970,513
Property, plant and equipment, net 6,916,778 5,142,714
Pre-owned homes, net 716,582 1,077,240
Note receivable, less current portion 44,595 6,573
Mortgage notes receivable, less current portion 223,762 227,509
Mobile home park note receivable 72,731  
Other investments 1,775,323 1,729,364
Deferred income taxes 0 3,598
Operating lease right of use assets 684,142 715,368
Cash surrender value of life insurance 3,929,552 3,795,902
Other assets 156,287 156,287
Total assets 63,650,365 59,825,068
Current liabilities:    
Accounts payable 818,230 928,095
Accrued compensation 441,760 670,520
Accrued expenses and other current liabilities 1,427,862 1,383,833
Operating lease obligation 33,039 24,192
Customer deposits 12,350,225 5,098,633
Total current liabilities 15,071,116 8,105,273
Deferred income taxes 86,413  
Operating lease obligation, less current portion 752,300 778,519
Total liabilities 15,909,829 8,883,792
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; 3,532,100 and 3,631,196 outstanding, respectively 536,491 536,491
Additional paid in capital 10,749,843 10,694,554
Retained earnings 58,185,400 57,976,051
Less treasury stock at cost, 1,832,807 shares in 2021 and 1,733,711 shares in 2020 (21,731,198) (18,265,820)
Total stockholders' equity 47,740,536 50,941,276
Total liabilities and stockholders' equity $ 63,650,365 $ 59,825,068