Note 15 - Income Tax Provision

9 Months Ended

Aug. 31, 2011

Income Tax Disclosure [Text Block]

(15) Income Tax Provision

During the quarter ended August 31, 2011 we completed our fiscal year ending November 30, 2010 tax filings for both Federal and State Taxing Authorities.  We calculated a tax provision reduction for the year ending November 30, 2010.  The tax provision reduction was recognized during the quarter ended August 31, 2011 and brought our effective tax rate down during the quarter and year to date ending August 31, 2011, to 25.2% and 23.7%, respectively.  The tax provision effective tax rate for the comparative quarter and year to date ending August 31, 2010 was 35.6% and 35.0%, respectively.  The tax provision benefit was due to taking advantage of additional tax deductions and credits for the fiscal year ended November 30, 2010.