Note 20 - Transactions With Related Parties

9 Months Ended

Jul. 31, 2018

20.	Transactions with Related Parties

During both the

three

months ended

July 31, 2018

and

2017,

an engineering firm owned by Tavit Najarian, a relative of Ara K. Hovnanian, our Chairman of the Board of Directors and our Chief Executive Officer, provided services to the Company totaling

$0.2

million. During the

nine

months ended

July 31, 2018

and

2017,

the services provided by such engineering firm to the Company totaled

$0.5

million and

$0.6

million, respectively. Neither the Company nor Mr. Hovnanian has a financial interest in the relative’s company from whom the services were provided.