2012 Q4 Form 10-K Financial Statement

#000119312513284733 Filed on July 08, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2012 2011 Q4
Revenue $4.390M $15.83M $4.090M
YoY Change 7.33% 17.92% 16.52%
Cost Of Revenue $3.420M $12.98M $1.840M
YoY Change 85.87% 0.1% -34.05%
Gross Profit $970.0K $2.859M $2.250M
YoY Change -56.89% 513.0% 212.5%
Gross Profit Margin 22.1% 18.06% 55.01%
Selling, General & Admin $840.0K $2.709M $890.0K
YoY Change -5.62% -30.95% -2.2%
% of Gross Profit 86.6% 94.75% 39.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00K $116.2K $10.00K
YoY Change 100.0% -13.88% 0.0%
% of Gross Profit 2.06% 4.07% 0.44%
Operating Expenses $840.0K $2.709M $890.0K
YoY Change -5.62% -30.95% -2.2%
Operating Profit $130.0K $150.0K $1.360M
YoY Change -90.44% -104.34% -815.79%
Interest Expense -$30.00K -$180.0K $10.00K
YoY Change -400.0% -91.55% -112.5%
% of Operating Profit -23.08% -119.99% 0.74%
Other Income/Expense, Net $10.00K -$100.3K $20.00K
YoY Change -50.0% -95.12%
Pretax Income $110.0K $49.76K -$2.160M
YoY Change -105.09% -100.9% 730.77%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings $110.0K $49.76K -$2.160M
YoY Change -105.09% -100.9% 1442.86%
Net Earnings / Revenue 2.51% 0.31% -52.81%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share $27.09K $0.01 -$532.0K
COMMON SHARES
Basic Shares Outstanding 4.057M shares
Diluted Shares Outstanding 4.057M shares

Balance Sheet

Concept 2012 Q4 2012 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.670M $7.670M $7.015M
YoY Change 9.33% 9.42% -31.56%
Cash & Equivalents $7.352M $7.350M $6.206M
Short-Term Investments $320.0K $320.0K $809.3K
Other Short-Term Assets $3.660M $3.660M $3.510M
YoY Change 4.27% 4.27% 71.22%
Inventory $5.782M $5.780M $6.496M
Prepaid Expenses
Receivables $2.850M $2.850M $1.180M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $19.97M $19.97M $18.19M
YoY Change 9.78% 9.79% -11.77%
LONG-TERM ASSETS
Property, Plant & Equipment $3.802M $3.800M $3.860M
YoY Change -1.51% -1.55% -3.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments -$334.8K $3.110M -$2.338M
YoY Change -85.68% -7.16% -137.96%
Other Assets $2.688M $8.360M $2.575M
YoY Change 4.37% -17.72% -72.58%
Total Long-Term Assets $15.70M $15.70M $17.80M
YoY Change -11.8% -11.8% -18.2%
TOTAL ASSETS
Total Short-Term Assets $19.97M $19.97M $18.19M
Total Long-Term Assets $15.70M $15.70M $17.80M
Total Assets $35.67M $35.67M $35.99M
YoY Change -0.9% -0.89% -15.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $404.5K $400.0K $388.4K
YoY Change 4.15% 2.56% 76.56%
Accrued Expenses $630.0K $630.0K $980.0K
YoY Change -35.71% -35.71% 206.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.382M $1.380M $1.826M
YoY Change -24.32% -24.59% 66.02%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.382M $1.380M $1.826M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.380M $1.380M $1.830M
YoY Change -24.59% -24.59% -34.17%
SHAREHOLDERS EQUITY
Retained Earnings $32.57M $32.52M
YoY Change 0.15%
Common Stock $536.5K $536.5K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.545M $9.552M
YoY Change -0.07%
Treasury Stock Shares 1.308M shares 1.309M shares
Shareholders Equity $34.29M $34.29M $34.17M
YoY Change
Total Liabilities & Shareholders Equity $35.67M $35.67M $35.99M
YoY Change -0.9% -0.89% -15.07%

Cashflow Statement

Concept 2012 Q4 2012 2011 Q4
OPERATING ACTIVITIES
Net Income $110.0K $49.76K -$2.160M
YoY Change -105.09% -100.9% 1442.86%
Depreciation, Depletion And Amortization $20.00K $116.2K $10.00K
YoY Change 100.0% -13.88% 0.0%
Cash From Operating Activities -$820.0K $810.8K -$950.0K
YoY Change -13.68% -122.76% -237.68%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $57.98K $0.00
YoY Change 432.97% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$120.0K $390.0K $1.040M
YoY Change -111.54% -74.84% -42.54%
Cash From Investing Activities -$110.0K $335.5K $1.040M
YoY Change -110.58% -78.26% -41.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities -820.0K 810.8K -950.0K
Cash From Investing Activities -110.0K 335.5K 1.040M
Cash From Financing Activities
Net Change In Cash -930.0K 1.146M 90.00K
YoY Change -1133.33% -156.77% -96.37%
FREE CASH FLOW
Cash From Operating Activities -$820.0K $810.8K -$950.0K
Capital Expenditures $0.00 $57.98K $0.00
Free Cash Flow -$820.0K $752.8K -$950.0K
YoY Change -13.68% -121.07% -233.8%

Facts In Submission

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26498
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156287
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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45689
CY2012Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
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CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.10
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
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751065
CY2012Q4 us-gaap Treasury Stock Value
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9545057
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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87261
CY2012Q4 us-gaap Inventory Finished Goods
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5140200
CY2012Q4 us-gaap Preferred Stock Shares Issued
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shares
CY2012Q4 us-gaap Preferred Stock Value
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CY2012Q4 us-gaap Deferred Tax Assets Inventory
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1428743
CY2012Q4 us-gaap Property Plant And Equipment Net
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3801552
CY2012Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
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CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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47508
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
1367069
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
CY2012Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
2686703
CY2012Q4 us-gaap Cash Surrender Value Of Life Insurance
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2531253
CY2012Q4 us-gaap Assets Current
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19972029
CY2012Q4 us-gaap Additional Paid In Capital
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10618542
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
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11170792
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
514520
CY2012Q4 us-gaap Held To Maturity Securities Debt Maturities Fair Value
HeldToMaturitySecuritiesDebtMaturitiesFairValue
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3614102
CY2012Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
19.19
CY2012Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
4430833
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
34288744
CY2012Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1400000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
8560
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
404546
CY2012Q4 nobh Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
30274
CY2012Q4 nobh Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
52105
CY2012Q4 nobh Other Accrued Liabilities Current Other
OtherAccruedLiabilitiesCurrentOther
262506
CY2012Q4 nobh Number Of Sales And Distribution Centers Operated By Company
NumberOfSalesAndDistributionCentersOperatedByCompany
11 Retailer
CY2012Q4 nobh Mortgage Notes Receivable Current
MortgageNotesReceivableCurrent
3483
CY2012Q4 nobh Mortgage Notes Receivable Long Term
MortgageNotesReceivableLongTerm
186516
CY2012Q4 nobh Pre Owned Homes Current
PreOwnedHomesCurrent
2503164
CY2012Q4 nobh Guarantee Obligations Maximum Limit Of Note Payable Principal Amount For Maturity
GuaranteeObligationsMaximumLimitOfNotePayablePrincipalAmountForMaturity
750000
CY2012Q4 nobh Guarantee Obligations Outstanding Note Payable Principal Amount
GuaranteeObligationsOutstandingNotePayablePrincipalAmount
2484600
CY2012Q4 nobh Collateral Value For Pool Of Loan Securing Note Payable By Joint Venture
CollateralValueForPoolOfLoanSecuringNotePayableByJointVenture
3367869
CY2012Q4 nobh Loan Loss Reserve
LoanLossReserve
256073
CY2012Q4 nobh Escrow Initial Deposit
EscrowInitialDeposit
250000
CY2012Q4 nobh Pre Owned Homes
PreOwnedHomes
10335524
CY2012Q4 nobh Deferred Tax Liabilities Income Tax Refunds
DeferredTaxLiabilitiesIncomeTaxRefunds
57605
CY2012Q4 nobh Minimum Down Payment By Retail Customer
MinimumDownPaymentByRetailCustomer
500
CY2012Q4 nobh Percentage Of Retail Contract Price To Determine Down Payment By Customer
PercentageOfRetailContractPriceToDetermineDownPaymentByCustomer
0.35 pure
CY2012Q4 nobh Percentage Of Retail Contract Price Withhold Under Condition
PercentageOfRetailContractPriceWithholdUnderCondition
0.20 pure
CY2012Q4 nobh Inventory Impairment Reserve After Inventory Impairment Reserve
InventoryImpairmentReserveAfterInventoryImpairmentReserve
6933997
CY2009Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50 pure
CY2009Q2 nobh Guarantee Obligations Note Payable Principal Amount
GuaranteeObligationsNotePayablePrincipalAmount
5000000
CY2009Q2 nobh Guarantee Obligations Maximum Limit Of Note Payable Principal Amount For Maturity
GuaranteeObligationsMaximumLimitOfNotePayablePrincipalAmountForMaturity
750000
CY2009Q2 nobh Percentage Of Joint Venture Loan Guaranteed By Company
PercentageOfJointVentureLoanGuaranteedByCompany
0.50 pure
CY2009Q2 nobh Guarantee Obligations Principal Balance Of Pool Of Loans Percentage
GuaranteeObligationsPrincipalBalanceOfPoolOfLoansPercentage
0.80 pure
CY2009Q2 nobh Percentage Of Collateral Value For Pool Of Loan Securing Note
PercentageOfCollateralValueForPoolOfLoanSecuringNote
1.00 pure
CY2011Q4 nobh Impairment Charge On Repossessed Inventory
ImpairmentChargeOnRepossessedInventory
4098824
CY2011Q4 nobh Impairment On Repossessed Inventory
ImpairmentOnRepossessedInventory
4098824
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
76596
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2011 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
26487
CY2011 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
2282
CY2011 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
3799
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1542926
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
169521
CY2011 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-96934
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
6000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4056144 shares
CY2011 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-12066
CY2011 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0
CY2011 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
201503
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
879962
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
CY2011 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-2104915
CY2011 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
656100
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
CY2011 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
201503
CY2011 us-gaap Proceeds From Sale Maturity And Collection Of Longterm Investments
ProceedsFromSaleMaturityAndCollectionOfLongtermInvestments
1650000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
96547
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.49
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2019014
CY2011 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-665
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
CY2011 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
75413
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
-3457263
CY2011 us-gaap Inventory Write Down
InventoryWriteDown
147774
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.36
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-998206
CY2011 us-gaap Cost Of Goods Sold
CostOfGoodsSold
12962225
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2104915
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-5511475
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2054212
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.36
CY2011 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
-2091355
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4056144 shares
CY2011 us-gaap Gain Loss On Sale Of Interest In Projects
GainLossOnSaleOfInterestInProjects
-2338036
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2104915
CY2011 us-gaap Gross Profit
GrossProfit
466474
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5523541
CY2011 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3548056
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2011 us-gaap Advertising Expense
AdvertisingExpense
304600
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
136640
CY2011 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
24995
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4459
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3923737
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-12066
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10879
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
13428699
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
246681
CY2011 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
59665
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
CY2011 us-gaap Depreciation
Depreciation
134982
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5767
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
96600
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5511475
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
95400 shares
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
181075
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-200067
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
167794
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1873902
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11287
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3561940
CY2011 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
23.42
CY2011 nobh Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePrice
8.49
CY2011 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Canceled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCanceledInPeriod
30710 shares
CY2011 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodAggregateIntrinsicValue
CY2011 nobh Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
109764
CY2011 nobh Stock Issued During Period Value Share Based Compensation And Adjustments To Additional Paid In Capital Share Based Compensation Requisite Service Period Recognition Value
StockIssuedDuringPeriodValueShareBasedCompensationAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRequisiteServicePeriodRecognitionValue
96547
CY2011 nobh Change In Guarantee Liability Reserve
ChangeInGuaranteeLiabilityReserve
24609
CY2011 nobh Cost Of Goods Sold Gross
CostOfGoodsSoldGross
11121399
CY2011 nobh Increase Decrease In Pre Owned Homes
IncreaseDecreaseInPreOwnedHomes
3378525
CY2011 nobh Increase Decrease In Reserve For Guarantee Liability
IncreaseDecreaseInReserveForGuaranteeLiability
1707230
CY2011 nobh Reversal Of Guarantee Liability
ReversalOfGuaranteeLiability
1707230
CY2011 nobh Undistributed Earnings In Joint Venture
UndistributedEarningsInJointVenture
37707
CY2011 nobh Number Of Homes Repurchased
NumberOfHomesRepurchased
53 Home
CY2011 nobh Number Of Repurchased Homes Sold
NumberOfRepurchasedHomesSold
20 Home
CY2011 nobh Cost Of Repurchased Homes Sold
CostOfRepurchasedHomesSold
1733676
CY2011 nobh Cost Of Repurchased Homes
CostOfRepurchasedHomes
4560809
CY2011 nobh Liquidation Costs Of Repurchased Homes Sold
LiquidationCostsOfRepurchasedHomesSold
321167
CY2011 nobh Liquidation Reimbursement Expense
LiquidationReimbursementExpense
676947
CY2011 nobh Impact On Results Of Operations
ImpactOnResultsOfOperations
76754
CY2011 nobh Pre Owned Homes Purchased
PreOwnedHomesPurchased
5610630
CY2011 nobh Pre Owned Homes Sold
PreOwnedHomesSold
2232105
CY2011 nobh Agreement Amendment Impact On Cost Of Sales
AgreementAmendmentImpactOnCostOfSales
1840826
CY2011 nobh Increase Decrease In Impairment Reserve
IncreaseDecreaseInImpairmentReserve
3548056
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-11-03
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000072205
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--11-03
CY2012 dei Entity Registrant Name
EntityRegistrantName
NOBILITY HOMES INC
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
79657
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1317
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
150012
CY2012 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P3Y
CY2012 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
28317
CY2012 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Concentration of Credit Risk &#x2013;</i></b> The Company&#x2019;s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, short-term and long-term investments and accounts receivable. At times, the Company&#x2019;s deposits may exceed federally insured limits. However, the Company has not experienced any losses in such accounts and management believes the Company is not exposed to any significant credit risk on these accounts. The majority of the Company&#x2019;s sales are credit sales which are made primarily to customers whose ability to pay is dependent upon the industry economics prevailing in the areas where they operate; however, concentrations of credit risk with respect to accounts receivables is limited due to generally short payment terms. The Company also performs ongoing credit evaluations of its customers to help further reduce credit risk. The Company maintains reserves for potential credit losses when deemed necessary and such losses have historically been within management&#x2019;s expectations.</font></p> </div>
CY2012 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Reclassifications &#x2013;</i></b> Certain amounts in the fiscal year 2011 consolidated financial statements have been reclassified to conform to the fiscal year 2012 presentation. Such reclassifications had no effect on net income (loss) or equity.</font></p> </div>
CY2012 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
924
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
335453
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
59834
CY2012 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-107380
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M28D
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4056843 shares
CY2012 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0
CY2012 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
176074
CY2012 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-05-31
CY2012 us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.50 pure
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1673778
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
10034
CY2012 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-351367
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
CY2012 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
176074
CY2012 us-gaap Proceeds From Sale Maturity And Collection Of Longterm Investments
ProceedsFromSaleMaturityAndCollectionOfLongtermInvestments
505000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
43802
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1146262
CY2012 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-1441
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
CY2012 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
190072
CY2012 us-gaap Defined Contribution Plan Maximum Annual Contribution Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionPerEmployeePercent
0.06 pure
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-713690
CY2012 us-gaap Cost Of Goods Sold
CostOfGoodsSold
12975478
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10034
CY2012 us-gaap Net Income Loss
NetIncomeLoss
49759
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-100253
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4056843 shares
CY2012 us-gaap Gross Profit
GrossProfit
2859493
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
78076
CY2012 us-gaap Gain Loss On Sale Of Interest In Projects
GainLossOnSaleOfInterestInProjects
-334779
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-10034
CY2012 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Revenues by Products and Services</i></b> &#x2013; Revenues by net sales from manufactured housing, insurance agent commissions, and construction lending operations for the years ended November&#xA0;3, 2012 and November&#xA0;5, 2011 are as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="76%" align="center"> <tr> <td width="72%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1">2012</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1">2011</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Manufactured housing</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,815,516</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11,041,824</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Pre-owned homes-FRSA</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">2,310,588</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,454,650</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Trade-in and other pre-owned homes</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">465,884</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">646,352</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Insurance agent commissions</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">211,076</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">234,034</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Construction lending operations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">31,907</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">51,839</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Total net sales</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">15,834,971</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">13,428,699</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div>
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2012 us-gaap Advertising Expense
AdvertisingExpense
222900
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
60578
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1668
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7514
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2709481
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
28317
CY2012 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57982
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
15834971
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
334779
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
CY2012 us-gaap Depreciation
Depreciation
116248
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
39100
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49759
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
54150 shares
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
115673
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of Estimates</i></b> <i>&#x2013;</i> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates and assumptions are based upon management&#x2019;s best knowledge of current events and actions that the Company may take in the future. The Company is subject to uncertainties such as the impact of future events, economic, environmental and political factors and changes in the Company&#x2019;s business environment; therefore, actual results could differ from these estimates. Accordingly, the accounting estimates used in the preparation of the Company&#x2019;s consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company&#x2019;s operating environment changes. Changes in estimates are made when circumstances warrant. Such changes in estimates and refinements in estimation methodologies are reflected in the reported financial condition and results of operations; if material, the effects of changes in estimates are disclosed in the notes to the consolidated financial statements. Significant estimates and assumptions by management affect: valuation of pre-owned homes, the allowance for doubtful accounts, the carrying value of long-lived assets, the provision for income taxes and related deferred tax accounts, certain accrued expenses and contingencies, warranty reserve and stock-based compensation.</font></p> </div>
CY2012 nobh Increase Decrease In Pre Owned Homes
IncreaseDecreaseInPreOwnedHomes
-1824325
CY2012 nobh Undistributed Earnings In Joint Venture
UndistributedEarningsInJointVenture
95035
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.87
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1947
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16117
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16918
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
810809
CY2012 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Fiscal Year</i></b> <i>&#x2013;</i> The Company&#x2019;s fiscal year ends on the first Saturday on or after October&#xA0;31. The years ended November&#xA0;3,&#xA0;2012 and November&#xA0;5, 2011 consisted of fifty-two week periods.</font></p> </div>
CY2012 nobh Standard Product Warranty Period
StandardProductWarrantyPeriod
P12M
CY2012 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
23.66
CY2012 nobh Audit Fees
AuditFees
279891
CY2012 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Canceled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCanceledInPeriod
41250 shares
CY2012 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodAggregateIntrinsicValue
CY2012 nobh Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
112489
CY2012 nobh Stock Issued During Period Value Share Based Compensation And Adjustments To Additional Paid In Capital Share Based Compensation Requisite Service Period Recognition Value
StockIssuedDuringPeriodValueShareBasedCompensationAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRequisiteServicePeriodRecognitionValue
43802
CY2012 nobh Cost Of Goods Sold Gross
CostOfGoodsSoldGross
12975478
CY2012 nobh Guarantee Obligations Principal Balance Of Pool Of Loans Percentage
GuaranteeObligationsPrincipalBalanceOfPoolOfLoansPercentage
0.80 pure
CY2012 nobh Percentage Of Collateral Value For Pool Of Loan Securing Note
PercentageOfCollateralValueForPoolOfLoanSecuringNote
1.00 pure
CY2012 nobh Loan Loss Reserve As Percentage Of Portfolio
LoanLossReserveAsPercentageOfPortfolio
0.0123 pure
CY2012 nobh Number Of Homes Repurchased
NumberOfHomesRepurchased
4 Home
CY2012 nobh Decrease Of Inventory Impairment Reserve
DecreaseOfInventoryImpairmentReserve
475031
CY2012 nobh Number Of Repurchased Homes Sold
NumberOfRepurchasedHomesSold
30 Home
CY2012 nobh Cost Of Repurchased Homes Sold
CostOfRepurchasedHomesSold
2530642
CY2012 nobh Contribution To Escrow Deposit
ContributionToEscrowDeposit
3000000
CY2012 nobh Cost Of Repurchased Homes
CostOfRepurchasedHomes
275572
CY2012 nobh Liquidation Costs Of Repurchased Homes Sold
LiquidationCostsOfRepurchasedHomesSold
254977
CY2012 nobh Obligation To Buy Repossessed Homes Expiration Date
ObligationToBuyRepossessedHomesExpirationDate
2011-10-25
CY2012 nobh Maximum Extension Period Granted By Stock Exchange To Regained Compliance Under Listing Rule
MaximumExtensionPeriodGrantedByStockExchangeToRegainedComplianceUnderListingRule
P180D
CY2012 nobh Amount Transferred From Joint Venture To Participate In Agreement
AmountTransferredFromJointVentureToParticipateInAgreement
250000
CY2012 nobh Minimum Percentage Of Likelihood Of Tax Benefit Being Realized On Examination
MinimumPercentageOfLikelihoodOfTaxBenefitBeingRealizedOnExamination
0.50 pure
CY2012 nobh Income Tax Benefit For Tax Positions Not Meeting More Likely Than Not Test
IncomeTaxBenefitForTaxPositionsNotMeetingMoreLikelyThanNotTest
0
CY2012 nobh Pre Owned Homes Purchased
PreOwnedHomesPurchased
442853
CY2012 nobh Pre Owned Homes Sold
PreOwnedHomesSold
2964475
CY2012 nobh Maximum Period For Sale Of Repossessed Inventory
MaximumPeriodForSaleOfRepossessedInventory
P3Y
CY2012 nobh Increase Decrease In Inventory Impairment Reserve
IncreaseDecreaseInInventoryImpairmentReserve
475031
CY2012 nobh Increase Decrease In Inventory Holding Costs
IncreaseDecreaseInInventoryHoldingCosts
251067
CY2012 nobh Increase Decrease In Impairment Reserve
IncreaseDecreaseInImpairmentReserve
28801
CY2011Q3 nobh Charges To Losses From Investment In Partnership
ChargesToLossesFromInvestmentInPartnership
791355
CY2011Q4 nobh Reversal Of Guarantee Liability
ReversalOfGuaranteeLiability
1707230
CY2011Q4 nobh Impairment Charge On Repossessed Inventory
ImpairmentChargeOnRepossessedInventory
3548056
CY2011Q4 nobh Reversal Of Reserve For Losses For Disposition Of Repossessed Home
ReversalOfReserveForLossesForDispositionOfRepossessedHome
550768
CY2011Q4 nobh Charges Related To Execution Of Agreement Amendment
ChargesRelatedToExecutionOfAgreementAmendment
3548056
CY2011Q4 nobh Agreement Amendment Impact On Sales
AgreementAmendmentImpactOnSales
733467
CY2011Q4 nobh Agreement Amendment Impact On Gross Profit
AgreementAmendmentImpactOnGrossProfit
54869

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