XML 48 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Nov. 30, 2013
Dec. 01, 2012
Dec. 03, 2011
Operating activities:      
Net (loss) income $ (5,821) $ 966 $ (2,474)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Provision for inventory losses 10,900 380 1,187
Depreciation and Amortization, Continuing and Discontinued Operations 6,673 6,303 6,761
Gain on sales of properties (4,302) (7,656) (3,542)
Gain on sale of investment in Shemin Nurseries Holding Corp. (3,397)    
Deferred income taxes (3,414) 763 (976)
Gain on sale of common stock in Centaur Media plc (1,088)    
Stock based compensation expense 467 604 564
Amortization of debt issuance costs 270 298 277
Loss on debt extinguishment 286    
Provision for bad debts 37 26 1
(Income) loss from equity investment (5) (7) 7
Changes in assets and liabilities:      
Accounts receivable 400 (155) (45)
Inventories (810) (891) 646
Income taxes receivable (5) (128) (18)
Prepaid real estate taxes (110) 3 189
Other current assets 25 1,357 (869)
Accounts payable and accrued liabilities 32 163 (154)
Deferred revenue (234) (67) (397)
Other noncurrent assets and noncurrent liabilities, net (458) (14) 253
Net cash (used in) provided by operating activities (554) 1,945 1,410
Investing activities :      
Additions to real estate assets (13,538) (13,188) (2,832)
Proceeds from sales of properties, net of expenses 9,366 23,376 3,939
Proceeds from the sale of investment in Shemin Nurseries Holding Corp. 3,418    
Proceeds from the sale of common stock in Centaur Media plc 2,487    
Cash (deposited in) returned from escrow, net (2,797) (6,934)  
Deposit for purchase of real estate assets   (360)  
Additions to property and equipment (113) (188) (264)
Return of capital from Shemin Nurseries Holding Corp.   309  
Investment in Novalis LLC     (60)
Net cash (used in) provided by investing activities (1,177) 3,015 783
Financing activities :      
Proceeds from debt 9,100    
Payments of debt (1,916) (1,674) (1,894)
Dividends paid to stockholders (1,028) (513) (2,052)
Debt issuance costs (437) (103) (262)
Exercise of stock options 80 80 186
Debt modification costs (70)    
Net cash provided by (used in) financing activities 5,729 (2,210) (4,022)
Net increase (decrease) in cash and cash equivalents 3,998 2,750 (1,829)
Cash and cash equivalents at beginning of year 10,181 7,431 9,260
Cash and cash equivalents at end of year $ 14,179 $ 10,181 $ 7,431