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Consolidated Statements of Income - USD ($)
3 Months Ended
Feb. 05, 2022
Jan. 30, 2021
Income Statement [Abstract]    
Net sales $ 10,808,270 $ 9,071,511
Cost of sales (8,080,042) (6,574,064)
Gross profit 2,728,228 2,497,447
Selling, general and administrative expenses (1,416,543) (1,273,381)
Operating income 1,311,685 1,224,066
Other income (loss):    
Interest income 74,680 30,656
Undistributed earnings in joint venture—Majestic 21 12,557 13,708
Proceeds received under escrow arrangement 118,045 45,868
(Decrease) increase in fair value of equity investment (4,093) 79,956
Miscellaneous 13,556 7,320
Total other income 214,745 177,508
Income before provision for income taxes 1,526,430 1,401,574
Income tax expense (369,396) (335,809)
Net income $ 1,157,034 $ 1,065,765
Weighted average number of shares outstanding:    
Basic 3,532,803 3,631,924
Diluted 3,544,467 3,633,493
Net income per share:    
Basic $ 0.33 $ 0.29
Diluted $ 0.33 $ 0.29