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Condensed Consolidated Balance Sheets - USD ($)
May 06, 2023
Nov. 05, 2022
Current assets:    
Cash and cash equivalents $ 15,167,269 $ 16,653,449
Certificates of deposit 7,861,355 3,903,888
Short-term investments 460,054 589,071
Accounts receivable - trade 988,570 1,288,645
Note receivable 23,905 23,905
Mortgage notes receivable 4,286 16,191
Inventories 23,329,664 23,457,493
Prepaid expenses and other current assets 1,723,686 2,172,675
Total current assets 49,558,789 48,105,317
Property, plant and equipment, net 8,236,805 7,915,695
Note receivable, less current portion 5,181 16,599
Mortgage notes receivable, less current portion 143,142 131,514
Other investments 1,897,341 1,848,893
Property held for resale 26,590 0
Deferred income taxes 126,475 43,778
Cash surrender value of life insurance 4,231,085 4,143,035
Other assets 156,287 156,287
Total assets 64,381,695 62,361,118
Current liabilities:    
Accounts payable 1,234,033 1,119,188
Accrued compensation 1,235,691 1,132,423
Accrued expenses and other current liabilities 1,674,052 1,742,696
Income taxes payable 995,286 229,200
Customer deposits 8,773,811 10,214,078
Total current liabilities 13,912,873 14,437,585
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.10 par value, 500,000 shares authorized; none issued and outstanding 0 0
Common stock, $.10 par value, 10,000,000 shares authorized; 5,364,907 shares issued; 3,368,829 shares outstanding, respectively 536,491 536,491
Additional paid in capital 10,906,313 10,849,687
Retained earnings 65,986,716 63,441,812
Less treasury stock at cost, 1,996,078 and 1,993,995 shares, respectively (26,960,698) (26,904,457)
Total stockholders' equity 50,468,822 47,923,533
Total liabilities and stockholders' equity $ 64,381,695 $ 62,361,118