Note 10 - Post Employment Benefit Obligations

3 Months Ended

Feb. 28, 2015

Postemployment Benefits [Abstract]

Postemployment Benefits Disclosure [Text Block]

10. Post Employment Benefit Obligations

We have an unfunded Supplemental Retirement Income Plan (the “Supplemental Plan”) that covers one current and certain former executives. The liability for this plan was $10,358 and $10,376 as of February 28, 2015 and November 29, 2014, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	February 28, 2015		November 29, 2014
Accrued compensation and benefits	$	724	$	724
Post employment benefit obligations		9,634		9,652
Total pension liability	$	10,358	$	10,376

Components of net periodic pension costs are as follows:

	Quarter Ended
	February 28, 2015		March 1, 2014
Service cost	$	26	$	20
Interest cost		94		93
Amortization of transition obligation		11		11
Amortization of loss		48		30
Net periodic pension cost	$	179	$	154

We have an unfunded Deferred Compensation Plan that covers one current executive and certain former executives and provides for voluntary deferral of compensation. This plan has been frozen with no additional participants or deferrals permitted. We recognized expense of $54 and $72 for the quarters ended February 28, 2015 and March 1, 2014, respectively. Our liability under this plan was $2,137 and $2,174 as of February 28, 2015 and November 29, 2014, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	February 28, 2015		November 29, 2014
Accrued compensation and benefits	$	328	$	328
Post employment benefit obligations		1,809		1,846
Total deferred compensation liability	$	2,137	$	2,174