Note 7 - Property and Equipment

12 Months Ended

Nov. 25, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

7. Property and Equipment

Property and equipment consist of the following:

	November 25, 2023			November 26, 2022
Land	$	10,866		$	10,866
Buildings and leasehold improvements		125,290			116,418
Machinery and equipment		106,613			101,153
Property and equipment at cost		242,769			228,437
Less accumulated depreciation		(158,788	)		(151,436	)
Property and equipment, net	$	83,981		$	77,001

The net book value of our property and equipment by reportable segment is a follows:

	November 25, 2023		November 26, 2022
Wholesale	$	23,155	$	23,205
Retail - Company-owned stores		44,799		40,361
Corporate and other		16,027		13,435
Total property and equipment, net	$	83,981	$	77,001

Depreciation expense associated with the property and equipment shown above was included in income from operations in our consolidated statements of operations as follows:

	2023		2022		2021
Cost of goods sold (wholesale segment)	$	2,124	$	2,082	$	1,797
Selling, general and adminstrative expenses:
Wholesale segment		274		271		259
Retail segment		5,502		5,738		6,580
Corporate and Other		2,184		1,895		1,273
Total included in selling, general and adminstrative expenses		7,960		7,904		8,112
Total depreciation expense included in income from operations	$	10,084	$	9,986	$	9,909