EMPLOYEE RETIREMENT PLANS

12 Months Ended

Nov. 01, 2015

EMPLOYEE RETIREMENT PLAN [Abstract]

EMPLOYEE RETIREMENT PLAN

NOTE 10 - EMPLOYEE RETIREMENT PLANS

The Company maintains a 401(k) Savings and Profit Sharing Plan ("401(k) Plan") which covers all full and part time domestic employees who have completed three months of service and are 18 years of age or older. Under the terms of the 401(k) Plan, employees may contribute up to 50% of their salary, subject to certain maximum amounts, which will be matched by the Company at 50% of the employee's contributions that are not in excess of 4% of the employee's compensation. Employee and employer contributions vest upon contribution. Annual employer contributions for all the Company’s defined contribution plans were $0.7 million in fiscal years 2015 and 2014 and $0.6 million in fiscal year 2013.