Note 5 - Accounts Receivable

12 Months Ended

Nov. 26, 2016

Notes to Financial Statements

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

5.

Accounts Receivable

Accounts receivable consists of the following:

	November 26, 2016			November 28, 2015
Gross accounts receivable	$	19,157		$	22,372
Allowance for doubtful accounts		(799	)		(1,175	)
Net accounts receivable	$	18,358		$	21,197

Activity in the allowance for doubtful accounts was as follows:

	2016			2015
Balance, beginning of the year	$	1,175		$	1,249
Acquired allowance on accounts receivable (Note 3)		-			209
Reductions to allowance, net		(376	)		(283	)
Balance, end of the year	$	799		$	1,175

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

4.