Note 14 - Income Taxes (Tables)

12 Months Ended

Nov. 30, 2019

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2019			2018			2017
Current:
Federal	$	2,150		$	(1,137	)	$	7,887
State		892			462			2,035
Deferred:
Increase (decrease) in
Federal		(2,191	)		4,747			(200	)
State		(663	)		(84	)		(102	)
Total	$	188		$	3,988		$	9,620

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2019			2018			2017
Statutory federal income tax rate		21.0	%		22.2	%		35.0	%
Revaluation of deferred tax assets resulting from new enacted rates		-			10.9			-
State income tax, net of federal benefit		(14.0	)		4.6			3.9
Impairment of non-deductible goodwill		(23.2	)		-			-
Excess tax benefits from stock-based compensation		0.3			(1.5	)		(1.8	)
Other		5.1			(3.5	)		(2.6	)
Effective income tax rate		(10.8	)%		32.7	%		34.5	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	November 30, 2019		November 24, 2018
Deferred income tax assets:
Trade accounts receivable	$	207	$	192
Inventories		2,487		1,755
Notes receivable		44		109
Post employment benefit obligations		3,241		3,619
State net operating loss carryforwards		193		218
Unrealized loss from affiliates		81		15
Net deferred rents		3,753		3,199
Other		1,828		1,290
Gross deferred income tax assets		11,834		10,397
Valuation allowance		-		-
Total deferred income tax assets		11,834		10,397
Deferred income tax liabilities:
Property and equipment		4,288		5,353
Intangible assets		1,114		1,060
Prepaid expenses and other		688		718
Total deferred income tax liabilities		6,090		7,131
Net deferred income tax assets	$	5,744	$	3,266