Revenues by Products and Service

6 Months Ended

May 04, 2019

Segment Reporting [Abstract]

Revenues by Products and Service

Note 7 Revenues by Products and Service

The Company operates in one business segment, which is manufactured housing and ancillary services. The Company considers there to be revenue concentration risks for distribution of its products where net product revenues exceed 10% of consolidated net product revenues. The concentration of the Company’s distribution net product revenues below may have a material adverse effect on the Company’s revenues and results of operations if sales in the respective distribution channels experience difficulties. The Company adopted the requirements of ASC 606 on November 5, 2018 using the modified retrospective method. See Note 1 – Recently Issued or Adopted Accounting Pronouncements for additional discussion.

Revenues by net sales from manufactured housing, pre-owned homes and insurance agent commissions are as follows:

	Three Months Ended				Six Months Ended
	May 4, 2019		May 5, 2018		May 4, 2019		May 5, 2018
Manufactured housing
Homes sold through Company owned sales centers	$	10,092,761	$	6,094,161	$	18,529,718	$	12,498,941
Homes sold to independent dealers		2,317,481		2,325,643		4,344,036		4,855,210
Homes sold through manufactured home parks		96,732		131,955		390,652		476,990
	$	12,506,974	$	8,551,759	$	23,264,406	$	17,831,141
Pre-owned homes		159,080		301,096		381,195		609,457
Insurance agent commissions		76,634		69,409		136,861		127,484
Total net sales	$	12,742,688	$	8,922,264	$	23,782,462	$	18,568,082