XML 35 R21.htm IDEA: XBRL DOCUMENT v3.24.4

Income Taxes (Tables)

12 Months Ended

Nov. 01, 2024

Income Tax Disclosure [Abstract]

Schedule of Provision (Benefit) for Taxes on Income

The (benefit on) provision for income taxes include the following:

Schedule of Provision (Benefit) for Taxes on Income 

		November 1, 2024				November 3, 2023
		(52 Weeks)				(53 Weeks)
Current:
Federal		$	(1,163	)		$	1,660
State			1,196				(8	)
Current tax expense benefit			33				1,652
Deferred:
Federal			(1,222	)			(530	)
State			(122	)			(101	)
Deferred tax expense benefit			(1,344	)			(631	)
Total (benefit on) provision for income taxes		$	(1,311	)		$	1,021

Schedule of Tax Provision Differs from Statutory Federal Income Tax Rate

The total tax benefit differs from the expected amount computed by applying the statutory federal income tax rate to income before income taxes as follows:

Schedule of Tax Provision Differs from Statutory Federal Income Tax Rate 

		November 1, 2024				November 3, 2023
		(52 Weeks)				(53 Weeks)
(Benefit on) provision for federal income taxes at the applicable statutory rate		$	(985	)		$	944
Increase (decrease) in provision resulting from state income taxes, net of federal income tax benefit			(16	)			(86	)
Non-taxable life insurance gain			(421	)			(93	)
Other, net			111				256
(Benefit on) provision for income taxes		$	(1,311	)		$	1,021

Schedule of Deferred Income Taxes Results from Differences in Bases of Assets and Liabilities

Deferred income taxes result from differences in the basis of assets and liabilities for tax and accounting purposes.

Schedule of Deferred Income Taxes Results from Differences in Bases of Assets and Liabilities 

		November 1, 2024				November 3, 2023
Receivables allowance		$	29			$	64
Returns allowance			134				167
Inventory packaging reserve			677				299
Inventory overhead capitalization			314				571
Employee benefits			790				726
Other			218				(30	)
State taxes payable (receivable)			226				232
Incentive compensation			595				824
Pension and health care benefits			77				924
Depreciation			(12,069	)			(12,342	)
Net operating loss carry-forward and credits			1,721				322
Right of use assets			(235	)			-
Valuation allowance established against state NOL			(99	)			(99	)
Deferred income taxes, net		$	(7,622	)		$	(8,342	)

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows:

Schedule of Reconciliation of Unrecognized Tax Benefits 

		November 1, 2024				November 3, 2023
		(52 Weeks)				(53 Weeks)
Balance at beginning of year		$	331			$	299
Additions based on tax positions related to the current year			-				16
Additions for tax positions of prior years			18				16
Balance at end of year		$	349			$	331

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration