XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets - USD ($)
Aug. 06, 2022
Nov. 06, 2021
Current assets:    
Cash and cash equivalents $ 20,437,309 $ 36,126,059
Certificates of deposit 1,946,429 2,093,015
Short-term investments 541,132 621,928
Accounts receivable - trade 775,596 680,228
Note receivable 23,905 32,825
Mortgage notes receivable 15,566 22,589
Inventories 20,385,622 10,394,288
Pre-owned homes, net 662,453 542,081
Prepaid expenses and other current assets 2,314,540 1,821,267
Total current assets 47,102,552 52,334,280
Property, plant and equipment, net 7,569,386 6,847,780
Pre-owned homes, net 0 755,394
Note receivable, less current portion 22,243 38,895
Mortgage notes receivable, less current portion 132,184 222,459
Mobile home park note receivable 201,464 72,731
Other investments 1,829,146 1,788,436
Operating lease right of use asset 0 1,597
Cash surrender value of life insurance 4,095,216 3,966,939
Other assets 156,287 156,287
Total assets 61,108,478 66,184,798
Current liabilities:    
Accounts payable 1,329,275 939,964
Accrued compensation 832,632 555,222
Accrued expenses and other current liabilities 1,571,351 1,513,967
Income taxes payable 156,918 89,083
Operating lease obligation 0 1,597
Customer deposits 11,984,065 13,671,092
Total current liabilities 15,874,241 16,770,925
Deferred income taxes 65,496 99,568
Total liabilities 15,939,737 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; 3,370,912 and 3,532,100 outstanding, respectively 536,491 536,491
Additional paid in capital 10,828,305 10,766,253
Retained earnings 60,708,402 59,742,759
Less treasury stock at cost, 1,993,995 shares in 2022 and 1,832,807 shares in 2021 (26,904,457) (21,731,198)
Total stockholders' equity 45,168,741 49,314,305
Total liabilities and stockholders' equity $ 61,108,478 $ 66,184,798