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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
May 26, 2012
May 28, 2011
May 26, 2012
May 28, 2011
Net sales $ 67,454 $ 66,261 $ 128,422 $ 130,525
Cost of sales 31,793 33,064 61,090 65,480
Gross profit 35,661 33,197 67,332 65,045
Selling, general and administrative expenses excluding bad debt and notes receivable valuation charges 33,213 30,879 64,209 61,387
Bad debt and notes receivable valuation charges 222 6,200 254 13,026
Licensee debt cancellation charges   6,447   6,447
Restructuring and asset impairment charges 475 1,080 711 1,959
Lease exit costs 131 2,844 359 3,728
Income (loss) from operations 1,620 (14,253) 1,799 (21,502)
Gain on sale of affiliate   85,542   85,542
Income from Continued Dumping & Subsidy Offset Act 9,010   9,010  
Other loss, net (677) (4,815) (1,924) (5,773)
Income before income taxes 9,953 66,474 8,885 58,267
Income tax expense 1,911 3,928 1,439 3,975
Net income 8,042 62,546 7,446 54,292
Retained earnings-beginning of period 95,094 40,205 96,331 48,459
Purchase and retirement of common stock (156)   (234)  
Cash dividends (563) (348) (1,126) (348)
Retained earnings-end of period $ 102,417 $ 102,403 $ 102,417 $ 102,403
Basic earnings per share (in Dollars per share) $ 0.72 $ 5.43 $ 0.67 $ 4.72
Diluted earnings per share (in Dollars per share) $ 0.71 $ 5.39 $ 0.66 $ 4.69
Dividends per share (in Dollars per share) $ 0.05 $ 0.03 $ 0.10 $ 0.03