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Consolidated Balance Sheets - USD ($)
Feb. 05, 2022
Nov. 06, 2021
Current assets:    
Cash and cash equivalents $ 38,932,257 $ 36,126,059
Certificates of deposit 0 2,093,015
Short-term investments 617,835 621,928
Accounts receivable—trade 493,504 680,228
Note receivable 23,905 32,825
Mortgage notes receivable 23,291 22,589
Inventories 10,902,578 10,394,288
Pre-owned homes, net 982,496 542,081
Prepaid expenses and other current assets 1,618,570 1,821,267
Total current assets 53,594,436 52,334,280
Property, plant and equipment, net 6,923,336 6,847,780
Pre-owned homes, net 0 755,394
Note receivable, less current portion 33,372 38,895
Mortgage notes receivable, less current portion 221,130 222,459
Mobile home park note receivable 136,509 72,731
Other investments 1,800,993 1,788,436
Operating lease right of use asset 0 1,597
Cash surrender value of life insurance 4,009,698 3,966,939
Other assets 156,287 156,287
Total assets 66,875,761 66,184,798
Current liabilities:    
Accounts payable 998,869 939,964
Accrued compensation 592,998 555,222
Accrued expenses and other current liabilities 1,435,056 1,513,967
Income taxes payable 458,479 89,083
Operating lease obligation 0 1,597
Customer deposits 12,793,296 13,671,092
Total current liabilities 16,278,698 16,770,925
Deferred income taxes 99,568 99,568
Total liabilities 16,378,266 16,870,493
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; 3,532,976 and 3,532,100 outstanding, respectively 536,491 536,491
Additional paid in capital 10,782,019 10,766,253
Retained earnings 60,899,793 59,742,759
Less treasury stock at cost, 1,831,931 shares in 2022 and 1,832,807 shares in 2021 (21,720,808) (21,731,198)
Total stockholders' equity 50,497,495 49,314,305
Total liabilities and stockholders' equity $ 66,875,761 $ 66,184,798