XML 51 R40.htm IDEA: XBRL DOCUMENT v3.22.4
Income Taxes (Details Narrative) - USD ($)
12 Months Ended
Mar. 27, 2020
Oct. 28, 2022
Oct. 29, 2021
Oct. 26, 2021
Oct. 24, 2020
Nov. 02, 2019
Nov. 02, 2018
Operating Loss Carryforwards [Line Items]              
Valuation allowance   $ 63,000          
Net operating loss carryforwards, expiration description   The state loss carryforwards will expire at various dates from 2021 through 2040          
Deferred tax liability not recognized, amount of unrecognized deferred tax liability, undistributed earnings of domestic subsidiaries   $ 289,000 $ 169,000        
Deferred tax liabilities   76,000          
Unrecognized tax benefits, income tax penalties and interest accrued   25,000          
Unrecognized tax benefits   $ 299,000 173,000 $ 173,000 $ 169,000    
Income tax rate reconciliation description   On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (the “Tax Act”). Among other significant changes, the Tax Act reduced the corporate federal income tax rate from 35% to 21%. The carryback of NOLs from tax years 2018 and 2019 under the CARES Act to pre-Tax Act years has generated an income tax benefit of $3,091 due to the difference in income tax rates. The release of research and development credits has generated an income tax benefit of $358. These income tax benefits have been recorded in the income tax provision for current fiscal year 2020          
Income Tax Expense (Benefit)   $ 16,341,000 $ (1,779,000)        
Effective tax rate percentage   26.60% 24.40%        
Research and Development Expense [Member]              
Operating Loss Carryforwards [Line Items]              
Operating Loss Carryforwards   $ 358,000          
CARES Act [Member]              
Operating Loss Carryforwards [Line Items]              
Income tax rate reconciliation description On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted in response to the COVID-19 pandemic. The CARES Act, among other things, permits NOL carryovers and carrybacks to offset 100% of taxable income for taxable years beginning before January 1, 2021. In addition            
Income Tax Expense (Benefit)   3,091          
Federal [Member]              
Operating Loss Carryforwards [Line Items]              
Operating Loss Carryforwards   10,336,000       $ 21,687,000 $ 9,919,000
State [Member]              
Operating Loss Carryforwards [Line Items]              
Operating Loss Carryforwards   $ 8,109,000