2018 Q4 Form 10-K Financial Statement

#000119312520020719 Filed on January 31, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 2017 Q4
Revenue $11.86M $41.88M $10.02M
YoY Change 18.39% 11.55% 14.12%
Cost Of Revenue $8.452M $31.20M $7.740M
YoY Change 9.21% 8.02% 14.67%
Gross Profit $3.410M $10.68M $2.270M
YoY Change 50.22% 23.31% 11.82%
Gross Profit Margin 28.75% 25.5% 22.65%
Selling, General & Admin $1.432M $4.957M $1.190M
YoY Change 20.31% 15.14% 13.33%
% of Gross Profit 41.98% 46.42% 52.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.20K $148.2K $40.00K
YoY Change 45.5% 30.28% 300.0%
% of Gross Profit 1.71% 1.39% 1.76%
Operating Expenses $1.432M $4.957M $1.190M
YoY Change 20.31% 15.14% 13.33%
Operating Profit $1.978M $5.723M $1.080M
YoY Change 83.18% 31.38% 10.2%
Interest Expense $166.4K $462.3K $70.00K
YoY Change 137.66% 82.6% 16.67%
% of Operating Profit 8.41% 8.08% 6.48%
Other Income/Expense, Net $21.29K $882.6K $230.0K
YoY Change -90.74% 8.65% -2400.0%
Pretax Income $2.166M $6.605M $1.380M
YoY Change 56.96% 27.81% 32.69%
Income Tax $773.5K $1.642M $550.0K
% Of Pretax Income 35.71% 24.86% 39.86%
Net Earnings $1.564M $4.964M $830.0K
YoY Change 88.4% 49.96% 15.28%
Net Earnings / Revenue 13.18% 11.85% 8.28%
Basic Earnings Per Share $1.27
Diluted Earnings Per Share $403.4K $1.27 $207.5K
COMMON SHARES
Basic Shares Outstanding 3.912M
Diluted Shares Outstanding 3.914M

Balance Sheet

Concept 2018 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.94M $34.94M $28.54M
YoY Change 22.41% 22.42% 13.98%
Cash & Equivalents $28.36M $28.36M $27.91M
Short-Term Investments $6.572M $6.572M $630.0K
Other Short-Term Assets $2.024M $2.024M $2.570M
YoY Change -21.25% -21.31% -5.17%
Inventory $7.271M $7.271M $7.506M
Prepaid Expenses
Receivables $1.783M $1.783M $2.934M
Other Receivables $62.11K $62.11K $520.0K
Total Short-Term Assets $46.08M $46.08M $42.06M
YoY Change 9.54% 9.54% 11.07%
LONG-TERM ASSETS
Property, Plant & Equipment $4.764M $4.764M $4.305M
YoY Change 10.66% 10.66% 5.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.571M $1.571M $1.470M
YoY Change 6.88% 6.81% 7.3%
Other Assets $156.3K $4.321M $156.3K
YoY Change 0.0% -10.61% 0.0%
Total Long-Term Assets $10.94M $10.94M $12.09M
YoY Change -9.49% -9.49% -7.36%
TOTAL ASSETS
Total Short-Term Assets $46.08M $46.08M $42.06M
Total Long-Term Assets $10.94M $10.94M $12.09M
Total Assets $57.01M $57.01M $54.15M
YoY Change 5.29% 5.29% 6.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.085M $1.085M $849.8K
YoY Change 27.69% 27.69% 1.74%
Accrued Expenses $2.219M $2.219M $1.750M
YoY Change 26.8% 26.63% -3.31%
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 $7.948M $7.948M $5.659M
YoY Change 40.44% 40.44% 10.8%
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
TOTAL LIABILITIES
Total Short-Term Liabilities $7.948M $7.948M $5.659M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $7.948M $7.948M $6.734M
YoY Change 18.03% 18.03% 7.77%
SHAREHOLDERS EQUITY
Retained Earnings $50.35M $46.17M
YoY Change 9.06% 6.23%
Common Stock $11.21M $11.21M
YoY Change 0.01% 0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.88M $10.37M
YoY Change 24.23% 1.11%
Treasury Stock Shares $1.491M 1.367M shares
Shareholders Equity $49.07M $49.07M $47.41M
YoY Change
Total Liabilities & Shareholders Equity $57.01M $57.01M $54.15M
YoY Change 5.29% 5.29% 6.35%

Cashflow Statement

Concept 2018 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $1.564M $4.964M $830.0K
YoY Change 88.4% 49.96% 15.28%
Depreciation, Depletion And Amortization $58.20K $148.2K $40.00K
YoY Change 45.5% 30.28% 300.0%
Cash From Operating Activities $1.924M $8.294M $2.490M
YoY Change -22.74% 120.28% -2.73%
INVESTING ACTIVITIES
Capital Expenditures -$7.000K $607.0K -$80.00K
YoY Change -91.25% 66.44%
Acquisitions
YoY Change
Other Investing Activities -$4.031M -$3.941M -$100.0K
YoY Change 3931.19% -694.51% 150.0%
Cash From Investing Activities -$4.048M -$4.548M -$180.0K
YoY Change 2148.99% -1625.07% 350.0%
FINANCING ACTIVITIES
Cash Dividend Paid $778.6K
YoY Change 29.61%
Common Stock Issuance & Retirement, Net $2.513M
YoY Change 1938.84%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.220K -3.291M 0.000
YoY Change 360.01% -100.0%
NET CHANGE
Cash From Operating Activities 1.924M 8.294M 2.490M
Cash From Investing Activities -4.048M -4.548M -180.0K
Cash From Financing Activities -1.220K -3.291M 0.000
Net Change In Cash -2.126M 454.4K 2.310M
YoY Change -192.02% -86.43% 2.67%
FREE CASH FLOW
Cash From Operating Activities $1.924M $8.294M $2.490M
Capital Expenditures -$7.000K $607.0K -$80.00K
Free Cash Flow $1.931M $7.687M $2.570M
YoY Change -24.87% 126.05% 0.39%

Facts In Submission

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PropertyPlantAndEquipmentGross
7869860
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7479947
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2864216
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2716381
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5005644
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
172395
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
779725
CY2019 nobh Increase Decrease In Inventory Impairment Reserve
IncreaseDecreaseInInventoryImpairmentReserve
207180
CY2018 nobh Increase Decrease In Inventory Impairment Reserve
IncreaseDecreaseInInventoryImpairmentReserve
253314
CY2019 nobh Increase Decrease In Inventory Holding Costs
IncreaseDecreaseInInventoryHoldingCosts
36232
CY2018 nobh Increase Decrease In Inventory Holding Costs
IncreaseDecreaseInInventoryHoldingCosts
81977
CY2019 nobh Increase Decrease In Impairment Reserve
IncreaseDecreaseInImpairmentReserve
133627
CY2018 nobh Increase Decrease In Impairment Reserve
IncreaseDecreaseInImpairmentReserve
-105000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4763566
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
941206
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
904399
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
125371
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
113220
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7888879
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2019Q4 us-gaap Other Inventory
OtherInventory
120372
CY2018Q4 us-gaap Other Inventory
OtherInventory
113946
CY2019Q4 us-gaap Inventory Net
InventoryNet
10616778
CY2018Q4 us-gaap Inventory Net
InventoryNet
7270550
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
172395
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
549434
CY2019Q4 nobh Pre Owned Homes Inventory Net Of Impairment Reserve
PreOwnedHomesInventoryNetOfImpairmentReserve
1139231
CY2018Q4 nobh Pre Owned Homes Inventory Net Of Impairment Reserve
PreOwnedHomesInventoryNetOfImpairmentReserve
1406831
CY2019Q4 nobh Pre Owned Homes Current
PreOwnedHomesCurrent
331103
CY2018Q4 nobh Pre Owned Homes Current
PreOwnedHomesCurrent
933640
CY2017Q4 nobh Pre Owned Homes
PreOwnedHomes
2736946
CY2018 nobh Pre Owned Homes Additions
PreOwnedHomesAdditions
594259
CY2018 nobh Pre Owned Homes Sales
PreOwnedHomesSales
1374940
CY2019 nobh Pre Owned Homes Additions
PreOwnedHomesAdditions
272460
CY2019 nobh Pre Owned Homes Sales
PreOwnedHomesSales
917099
CY2019Q4 nobh Pre Owned Homes
PreOwnedHomes
1311626
CY2018Q4 nobh Pre Owned Homes
PreOwnedHomes
1956265
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
549434
CY2019 nobh Percentage Of Joint Venture Loan Guaranteed By Company
PercentageOfJointVentureLoanGuaranteedByCompany
0.50
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
392479
CY2019Q4 nobh Percentage Of Retail Contract Price To Determine Down Payment By Customer
PercentageOfRetailContractPriceToDetermineDownPaymentByCustomer
0.35
CY2019Q4 nobh Percentage Of Retail Contract Price Withhold Under Condition
PercentageOfRetailContractPriceWithholdUnderCondition
0.20
CY2019Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
0
CY2018Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
0
CY2019 us-gaap Advertising Expense
AdvertisingExpense
140520
CY2018 us-gaap Advertising Expense
AdvertisingExpense
169000
CY2019 nobh Standard Product Warranty Period
StandardProductWarrantyPeriod
P12M
CY2019Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
167930
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
353353
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2018Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
167930
CY2018Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
369837
CY2018Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
125000
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
125000
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
413734
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
413734
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
392479
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
125000
CY2019Q4 nobh Number Of Sales And Distribution Centers Operated By Company
NumberOfSalesAndDistributionCentersOperatedByCompany
10
CY2019 dei Entity Registrant Name
EntityRegistrantName
NOBILITY HOMES INC
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0000072205
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
49944
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
52944
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
162929
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
161105
CY2018 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
0
CY2019Q4 nobh Guarantee Obligations Note Payable Principal Amount
GuaranteeObligationsNotePayablePrincipalAmount
5000000
CY2019 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.06
CY2019 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
170000
CY2018 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
88000
CY2019Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
297250
CY2011Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
300000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2750
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1600
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5000
CY2017Q4 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePrice
12.10
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.10
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018 nobh Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePrice
0
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2018 nobh Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePrice
0
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2018 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Canceled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCanceledInPeriod
0
CY2018 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodExercisePrice
0
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5000
CY2018Q4 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePrice
12.10
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.10
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2019 nobh Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePrice
0
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2250
CY2019 nobh Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePrice
12.10
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.10
CY2019 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Canceled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCanceledInPeriod
0
CY2019 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodExercisePrice
0
CY2019 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
0
CY2019Q4 nobh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePrice
12.10
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.10
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
123838
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
34788
CY2019 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P2Y
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
12.10
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
2750
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
12.10
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
212396
CY2019 nobh Minimum Percentage Of Likelihood Of Tax Benefit Being Realized Upon Settlement
MinimumPercentageOfLikelihoodOfTaxBenefitBeingRealizedUponSettlement
0.50
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 nobh Income Tax Expense Benefit For Tax Positions More Likely Than Not
IncomeTaxExpenseBenefitForTaxPositionsMoreLikelyThanNot
0
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1681641
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
655498
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
403874
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2085515
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-443685
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2969109
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1641830
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2473701
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1541697
CY2019Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
242874
CY2018Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
323342
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
80405
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
40156
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
80405
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
40156
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-25007
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
CY2019Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
323279
CY2018Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
363498
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
511821
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
278507
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
160
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-178
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-13112
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-93830
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-171248
CY2019 nobh Income Tax Reconciliation Nondeductible Expense Other Comprehensive Income Amount
IncomeTaxReconciliationNondeductibleExpenseOtherComprehensiveIncomeAmount
-3462
CY2018 nobh Income Tax Reconciliation Nondeductible Expense Other Comprehensive Income Amount
IncomeTaxReconciliationNondeductibleExpenseOtherComprehensiveIncomeAmount
86882
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
58773
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
58773
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
48360
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
158598
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
158171
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
144814
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2072
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1312
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
323279
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
363497
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
55903
CY2019Q4 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
CY2019Q4 us-gaap Deferred Tax Liabilities Gross Current
DeferredTaxLiabilitiesGrossCurrent
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
47414297
CY2018 us-gaap Dividends Cash
DividendsCash
778614
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2512605
CY2018 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
1617
CY2018 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-21826
CY2018 us-gaap Net Income Loss
NetIncomeLoss
4963632
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
49066501
CY2019 us-gaap Dividends Cash
DividendsCash
3864216
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4585861
CY2019 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
21004
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-1243
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19710
CY2019 us-gaap Net Income Loss
NetIncomeLoss
8810420
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
49466315
CY2019 dei Amendment Flag
AmendmentFlag
false
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2019 dei Document Type
DocumentType
10-K
CY2019 dei Document Period End Date
DocumentPeriodEndDate
2019-11-02
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--11-02
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019Q2 dei Entity Public Float
EntityPublicFloat
15600000
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3649670
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019 dei Entity Small Business
EntitySmallBusiness
true
CY2019 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2019 dei Entity File Number
EntityFileNumber
000-06506
CY2019 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
CY2019 dei Entity Address Address Line1
EntityAddressAddressLine1
3741 S.W. 7th Street
CY2019 dei Entity Address City Or Town
EntityAddressCityOrTown
Ocala
CY2019 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2019 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
34474
CY2019 dei City Area Code
CityAreaCode
352
CY2019 dei Local Phone Number
LocalPhoneNumber
732-5157
CY2019 nobh Proceeds From Sale Of Investment In Retirement Community
ProceedsFromSaleOfInvestmentInRetirementCommunity
1510000
CY2019 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019 dei Security12b Title
Security12bTitle
Common Stock
CY2019Q2 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
1078325
CY2019Q4 nobh Minimum Down Payment By Retail Customer
MinimumDownPaymentByRetailCustomer
500
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 8pt; margin-bottom: 0pt; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates</div></div><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> &#8211; </div>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&#8217;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&#8217;s business environment; therefore, actual results could differ from these estimates. Accordingly, the accounting estimates used in the preparation of the Company&#8217;s consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company&#8217;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 <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-owned</div> 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.</div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 8pt; margin-bottom: 0pt; line-height: 12pt;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fiscal Year</div></div><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> &#8211; </div>The Company&#8217;s fiscal year ends on the first Saturday on or after October&#160;31. The year ended November&#160;2, 2019 (fiscal year 2019) and the year ended November&#160;3, 2018 (fiscal year 2018) each consisted of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">fifty-two</div> week period.</div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div style="font-family: times new roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Revenues by Products and Services</div></div> &#8211; Revenues by net sales from manufactured housing, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-owned</div> homes, and insurance agent commissions for the years ended November&#160;2, 2019 and November&#160;3, 2018 are as follows:</div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: &quot;times new roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;margin : 0px auto;;text-align:left;;width:76%;"><tr style="font-size: 0px;"><td style="padding: 0px;;width:72%;"></td><td style="padding: 0px;;vertical-align:bottom;;width:3%;"></td><td style="padding: 0px;"></td><td style="padding: 0px;"></td><td style="padding: 0px;"></td><td style="padding: 0px;;vertical-align:bottom;;width:3%;"></td><td style="padding: 0px;"></td><td style="padding: 0px;"></td><td style="padding: 0px;"></td></tr><tr style="font-family: times new roman; font-size: 8pt; page-break-inside: avoid;"><td style="padding-left: 0px; padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;&#160;</td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); padding-left: 0px;;text-align:center;;vertical-align:bottom;">2019</td><td style="padding-left: 0px; padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;&#160;</td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); padding-left: 0px;;text-align:center;;vertical-align:bottom;">2018</td><td style="padding-left: 0px; padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="background-color: rgb(204, 238, 255);;vertical-align:top;"><div style="text-indent: -1em; font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Manufactured housing</div></div></td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">$</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">45,583,022</td><td style="padding-left: 0px; white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">$</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">40,708,950</td><td style="padding-left: 0px; white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align:top;"><div style="text-indent: -1em; font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Pre-owned</div> homes</div></td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;text-align:right;;vertical-align:bottom;">492,543</td><td style="padding-left: 0px; white-space: nowrap;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;text-align:right;;vertical-align:bottom;">895,489</td><td style="padding-left: 0px; white-space: nowrap;;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="background-color: rgb(204, 238, 255);;vertical-align:top;"><div style="text-indent: -1em; font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Insurance agent commissions</div></div></td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">272,366</td><td style="padding-left: 0px; white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">273,747</td><td style="padding-left: 0px; white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td></tr><tr style="font-size: 1px;"><td style="padding-left: 0px;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align:top;"><div style="text-indent: -1em; font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Total net sales</div></div></td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">$</td><td style="padding-left: 0px;;text-align:right;;vertical-align:bottom;">46,347,931</td><td style="padding-left: 0px; white-space: nowrap;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">$</td><td style="padding-left: 0px;;text-align:right;;vertical-align:bottom;">41,878,186</td><td style="padding-left: 0px; white-space: nowrap;;vertical-align:bottom;">&#160;</td></tr><tr style="font-size: 1px;"><td style="padding-left: 0px;;vertical-align:bottom;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;">&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;">&#160;&#160;</td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;;vertical-align:bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding-left: 0px;">&#160;</td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
250000
CY2019Q4 nobh Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
78553
CY2018Q4 nobh Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
39490
CY2019Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
90168
CY2018Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
221600
CY2019Q4 nobh Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
39611
CY2018Q4 nobh Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
39611
CY2019Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
34542
CY2018Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
22640
CY2019 dei Trading Symbol
TradingSymbol
NOBH
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2338619
CY2019Q4 nobh Inventory Consigned To Affiliated Entities
InventoryConsignedToAffiliatedEntities
1540949
CY2018Q4 nobh Inventory Consigned To Affiliated Entities
InventoryConsignedToAffiliatedEntities
1140982
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; line-height: 12pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk &#8211; </div></div>The Company&#8217;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&#8217;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&#8217;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&#8217;s expectations.</div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 8pt; margin-bottom: 0pt; line-height: 12pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassification</div></div><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> </div></div><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">- </div>Certain amounts in the fiscal year 2018 consolidated financial statements have been reclassified to conform to the current year presentation.</div></div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

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