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Consolidated Balance Sheets - USD ($)
Nov. 06, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 36,126,059 $ 30,305,902
Certificates of deposit 2,093,015 4,602,307
Short-term investments 621,928 358,960
Accounts receivable—trade 680,228 790,046
Note receivable 32,825 35,997
Mortgage notes receivable 22,589 20,162
Income taxes receivable   105,676
Inventories 10,394,288 9,294,677
Pre-owned homes, net 542,081 441,937
Prepaid expenses and other current assets 1,821,267 1,014,849
Total current assets 52,334,280 46,970,513
Property, plant and equipment, net 6,847,780 5,142,714
Pre-owned homes, net 755,394 1,077,240
Note receivable, less current portion 38,895 6,573
Mortgage notes receivable, less current portion 222,459 227,509
Mobile home park note receivable 72,731  
Other investments 1,788,436 1,729,364
Deferred income taxes   3,598
Operating lease right of use asset 1,597 715,368
Cash surrender value of life insurance 3,966,939 3,795,902
Other assets 156,287 156,287
Total assets 66,184,798 59,825,068
Current liabilities:    
Accounts payable 939,964 928,095
Accrued compensation 555,222 670,520
Accrued expenses and other current liabilities 1,513,967 1,383,833
Income taxes payable 89,083  
Operating lease obligation 1,597 24,192
Customer deposits 13,671,092 5,098,633
Total current liabilities 16,770,925 8,105,273
Deferred income taxes 99,568  
Operating lease obligation, less current portion   778,519
Total liabilities 16,870,493 8,883,792
Commitments and contingent liabilities
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 10,766,253 10,694,554
Retained earnings 59,742,759 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 49,314,305 50,941,276
Total liabilities and stockholders' equity $ 66,184,798 $ 59,825,068