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SHARE-BASED COMPENSATION (Tables) | 9 Months Ended
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Jul. 28, 2024
SHARE-BASED COMPENSATION [Abstract] |
Share-based Compensation Expenses | The table below presents information on our share-based compensation expenses for the three and nine-month periods ended July 28, 2024 and July 30, 2023.
|  | Three Months Ended |  |  | Nine Months Ended |
|  | July 28, 2024 |  |  | July 30, 2023 |  |  | July 28, 2024 |  |  | July 30, 2023 |
Expense reported in: |  |  |  |  |  |  |  |  |  |  |  |
Cost of goods sold |  | $ | 683 |  |  | $ | 322 |  |  | $ | 1,946 |  |  | $ | 892 |
Selling, general, and administrative |  |  | 2,388 |  |  |  | 1,499 |  |  |  | 7,126 |  |  |  | 4,407 |
Research and development |  |  | 271 |  |  |  | 222 |  |  |  | 769 |  |  |  | 575 |
Total expense incurred |  | $ | 3,342 |  |  | $ | 2,043 |  |  | $ | 9,841 |  |  | $ | 5,874 |
Expense by award type: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted stock awards |  | $ | 3,342 |  |  | $ | 2,043 |  |  | $ | 9,841 |  |  | $ | 5,782 |
Stock options |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1 |
Employee stock purchase plan |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 91 |
Total expense incurred |  | $ | 3,342 |  |  | $ | 2,043 |  |  | $ | 9,841 |  |  | $ | 5,874 |
Income tax benefits of share-based compensation |  | $ | 323 |  |  | $ | 152 |  |  | $ | 745 |  |  | $ | 513 |
Restricted Stock Awards Activity | The table below presents information on our restricted stock awards for the three and nine-month periods ended July 28, 2024 and July 30, 2023.
|  | Three Months Ended |  |  | Nine Months Ended |
|  | July 28, 2024 |  |  | July 30, 2023 |  |  | July 28, 2024 |  |  | July 30, 2023 |
Number of shares granted in period |  |  | - |  |  |  | - |  |  |  | 825,050 |  |  |  | 786,500 |
Weighted-average grant-date fair value of awards (in dollars per share) |  | $ | - |  |  | $ | - |  |  | $ | 29.77 |  |  | $ | 16.77 |
Compensation cost not yet recognized |  | $ | 25,750 |  |  | $ | 14,511 |  |  | $ | 25,750 |  |  | $ | 14,511 |
Weighted-average amortization period for cost not yet recognized (in years) |  |  | 2.9 |  |  |  | 2.9 |  |  |  | 2.9 |  |  |  | 2.9 |
Shares outstanding at balance sheet date |  |  | 1,513,827 |  |  |  | 1,267,247 |  |  |  | 1,513,827 |  |  |  | 1,267,247 |
Stock Options Activity | The table below presents information on our stock options for three and nine-month periods ended July 28, 2024 and July 30, 2023.
|  | Three Months Ended |  |  | Nine Months Ended |
|  | July 28, 2024 |  |  | July 30, 2023 |  |  | July 28, 2024 |  |  | July 30, 2023 |
Number of options granted in period |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Cash received from option exercised |  | $ | 20 |  |  | $ | 512 |  |  | $ | 1,074 |  |  | $ | 1,094 |
Compensation cost not yet recognized |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Weighted-average amortization period for cost not yet recognized (in years) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Outstanding and Exercisable Option | Information respecting outstanding and exercisable option awards as of July 28, 2024, is presented below.
Options |  | Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in years) |  |  | Aggregate Intrinsic Value |
Outstanding and exercisable at July 28, 2024 |  |  | 358,125 |  |  | $ | 10.33 |  |  |  | 2.08 |  |  | $ | 5,476 |

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