Note 20 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Nov. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

20. Quarterly Results of Operations (unaudited)

	2013
	First Quarter (1)		Second Quarter		Third Quarter (2)		Fourth Quarter (3)
Net sales	$	79,849	$	81,223	$	77,152	$	83,062
Gross profit		41,360		41,826		38,723		44,085
Net income		980		1,953		556		1,607
Basic earnings per share		0.09		0.18		0.05		0.15
Diluted earnings per share		0.09		0.18		0.05		0.15

	2012
	First Quarter (4)			Second Quarter (5)		Third Quarter (6)		Fourth Quarter (7)
Net sales	$	60,968		$	67,454	$	64,438	$	76,812
Gross profit		31,671			35,661		33,818		40,172
Net income (loss)		(596	)		8,042		2,371		16,896
Basic earnings (loss) per share		(0.05	)		0.72		0.22		1.57
Diluted earnings (loss) per share		(0.05	)		0.71		0.21		1.55

The first quarter of fiscal 2013 includes 14 weeks. All other quarters presented above for fiscal 2013 and 2012 consist of 13 week fiscal periods.

(1)   The first quarter of fiscal 2013 included 14 weeks as compared with 13 weeks for the first quarter of 2012. On an average weekly basis, net sales for the first quarter of fiscal 2013 were $5,704 per week as compared with $4,690 per week for the first quarter of fiscal 2012.

(2)   Includes $221 of tax benefit from the expiration of the statute of limitations on certain previously unrecognized tax benefits – see Note 11 for further information.

(3)   Includes $416 charge for impairment related to our investment property located in Henderson, Nevada. See Note 15 for further details

(4)   Includes restructuring and asset impairment charges of $236 and lease exit costs of $228 – see Note 15 for further details. Also includes $806 charge for other than temporary impairment to our investment in Fortress – see Note 7 for further details.

(5)   Includes $9,010 of income from the final CDSOA distribution – see Note 8 for further details. Also includes restructuring and asset impairment charges of $475 and lease exit costs of $131 – see Note 15 for further details. Also includes $1,592 of tax benefit from partial release of deferred tax asset valuation reserves – see Note 11 for further information.

(6)   Includes $1,205 of tax benefit from partial release of deferred tax asset valuation reserves – see Note 11 for further information.

(7)   Includes $15,907 of tax benefit from release of deferred tax asset valuation reserves – see Note 11 for further information.