Note 8 - Post-Employment Benefit Obligations

9 Months Ended

Aug. 31, 2013

Postemployment Benefits [Abstract]

Postemployment Benefits Disclosure [Text Block]

8. Post Employment Benefit Obligations

Supplemental Executive Retirement Defined Benefit Plan (SERP)

We have an unfunded Supplemental Retirement Income Plan that covers one current and certain former executives. The liability for this plan was $9,407 and $9,805 as of August 31, 2013 and November 24, 2012, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	August 31, 2013		November 24, 2012
Other accrued liabilities	$	859	$	843
Post employment benefit obligations		8,548		8,962
Total pension liability	$	9,407	$	9,805

Components of net periodic pension costs are as follows:

	Quarter Ended				Nine Months Ended
	August 31, 2013		August 25, 2012		August 31, 2013		August 25, 2012
Service cost	$	18	$	14	$	53	$	41
Interest cost		87		94		262		282
Amortization of transition obligation		11		11		32		32
Amortization of loss		20		3		61		8
Net periodic pension cost	$	136	$	122	$	408	$	363

Deferred Compensation Plan

We have an unfunded Deferred Compensation Plan that covers one current executive and certain former executives and provides for voluntary deferral of compensation. This plan has been frozen with no additional participants or deferrals permitted. We recognized expense under this plan as follows:

	Quarter Ended				Nine Months Ended
	August 31, 2013		August 25, 2012		August 31, 2013		August 25, 2012
Deferred compensation plan expense	$	72	$	78	$	216	$	234

Our liability under this plan was $2,570 and $2,615 as of August 31, 2013 and November 24, 2012, respectively, and is reflected in post employment benefit obligations.