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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 01, 2024
Nov. 03, 2023
Current assets:    
Cash and cash equivalents $ 10,230 $ 15,708
Accounts receivable, less allowance for doubtful accounts of $110 and $248, respectively, and promotional allowances of $2,399 and $2,093, respectively 30,404 28,593
Inventories, net 33,338 40,573
Refundable income taxes 3,408 2,168
Prepaid expenses and other current assets 609 435
Total current assets 77,989 87,477
Property, plant and equipment, net of accumulated depreciation and amortization of $77,160 and $73,397, respectively 64,634 67,487
Other non-current assets 14,731 12,034
Total assets 157,354 166,998
Current liabilities:    
Accounts payable 5,672 7,201
Accrued payroll, advertising, and other expenses 6,323 6,404
Income taxes payable 274 256
Current notes payable – equipment 1,084 1,045
Current right-of-use leases payable 1,098 1,120
Other current liabilities 2,002 1,955
Total current liabilities 16,453 17,981
Long-term notes payable – equipment, bridge loan and revolving credit facility 1,702 2,786
Deferred income taxes, net 7,622 8,342
Lont-term right of use leases payable 2,235 2,450
Executive retirement plans and other non-current liabilities 1,206 5,904
Total long-term liabilities 12,765 19,482
Total liabilities 29,218 37,463
Contingencies and commitments (Notes 3, 5 and 6)
Shareholders’ equity:    
Preferred stock, without par value; Authorized - 1,000,000 shares; issued and outstanding – none
Common stock, $1.00 par value; Authorized - 20,000,000 shares; issued and outstanding – 9,076,832 shares 9,134 9,134
Capital in excess of par value 8,298 8,298
Retained earnings 119,411 122,792
Accumulated other comprehensive loss (8,707) (10,689)
Total shareholders’ equity 128,136 129,535
Total liabilities and shareholders’ equity $ 157,354 $ 166,998