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Summary of Significant Accounting Policies (Policies)
3 Months Ended
Jan. 26, 2018
Accounting Policies [Abstract]  
Subsequent Events

Subsequent events

 

Management has evaluated events subsequent to January 26, 2018 through the date that the accompanying condensed consolidated financial statements were filed with the Securities and Exchange Commission for transactions and other events which may require adjustments of and/or disclosure in such financial statements. On March 7, 2018, the Company sold a parcel of land in Chicago, Illinois for approximately $6,000. As a result, the Company will recognize a pre-tax gain on the sale in the second twelve weeks of fiscal year 2018. The cost basis of the land is insignificant.

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share

 

Basic and diluted earnings per share are calculated based on the weighted average number of shares outstanding for all periods presented. No stock options, warrants, or convertible securities were outstanding as of January 26, 2018 or January 20, 2017.