XML 35 R17.htm IDEA: XBRL DOCUMENT v3.6.0.2
Accrued Liabilities
12 Months Ended
Dec. 03, 2016
Payables and Accruals [Abstract]  
Accrued Liabilities
ACCRUED LIABILITIES

Accrued liabilities at November 30, 2016 and 2015 were as follows:

 
2016
 
2015
Accrued salaries, wages and commissions
$
21,707

 
$
16,498

Pension and postretirement healthcare benefits liabilities
197

 
204

Compensated absences
8,566

 
8,672

Accrued insurance liabilities
8,065

 
9,928

Warranties
6,159

 
7,870

Customer deposits
15,631

 
25,036

Other accrued liabilities
34,569

 
38,202

 
$
94,894

 
$
106,410


 
No amounts within the Other accrued liabilities amount shown above exceed 5% of total current liabilities.

In the ordinary course of business, the Company also provides routine indemnifications and other guarantees whose terms range in duration and are often not explicitly defined. The Company does not believe these will have a material impact on the results of operations or financial condition of the Company.

Warranties are recorded as a liability on the balance sheet and as charges to current expense for estimated normal warranty costs and, if applicable, for specific performance issues known to exist on products already sold.  The expenses estimated to be incurred are provided at the time of sale, or when a claim arises, and adjusted as needed, based primarily upon experience.  Changes in the Company’s warranty accrual for the years ended November 30, 2016, 2015 and 2014 are as follows:

 
2016
 
2015
 
2014
Warranty accrual at beginning of period
$
7,870

 
$
9,405

 
$
1,599

Accruals for warranties issued during the period
2,234

 
2,778

 
2,187

Adjustments related to business acquisitions

 
100

 
10,946

Adjustments related to pre-existing warranties
(2,456
)
 
(2,116
)
 
818

Settlements made during the period
(1,153
)
 
(1,717
)
 
(5,872
)
Other adjustments, including currency translation
(336
)
 
(580
)
 
(273
)
Warranty accrual at end of period
$
6,159

 
$
7,870

 
$
9,405