Note 3 - Accounts Receivable

6 Months Ended

Jun. 01, 2013

Loans, Notes, Trade and Other Receivables Disclosure [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

3. Accounts Receivable

Accounts receivable consists of the following:

	June 1, 2013			November 24, 2012
Gross accounts receivable	$	16,840		$	17,544
Allowance for doubtful accounts		(1,396	)		(1,789	)
Accounts receivable, net	$	15,444		$	15,755

At June 1, 2013 and November 24, 2012 approximately 65% and 52%, respectively, of gross accounts receivable, and approximately 73% and 84%, respectively, of the allowance for doubtful accounts were attributable to amounts owed to us by our licensees. Our remaining receivables are primarily due from national account customers and traditional distribution channel customers.

Activity in the allowance for doubtful accounts was as follows:

Balance at November 24, 2012	$	1,789
Additions charged to expense		68
Write-offs and other deductions		(461	)
Balance at June 1, 2013	$	1,396

We believe that the carrying value of our net accounts receivable approximates fair value. The inputs into these fair value estimates reflect our market assumptions and are not observable. Consequently, the inputs are considered to be Level 3 as specified in the fair value hierarchy in ASC Topic 820, Fair Value Measurements and Disclosures. See Note 10.