Note 8 - Post Employment Benefit Obligations

3 Months Ended

Mar. 01, 2014

Postemployment Benefits [Abstract]

Postemployment Benefits Disclosure [Text Block]

8. Post Employment Benefit Obligations

We have an unfunded Supplemental Retirement Income Plan (the “Supplemental Plan”) that covers one current and certain former executives. The liability for this plan was $9,516 and $9,775 as of March 1, 2014 and November 30, 2013, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	March 1, 2014		November 30, 2013
Accrued compensation and benefits	$	810	$	810
Post employment benefit obligations		8,706		8,965
Total pension liability	$	9,516	$	9,775

Components of net periodic pension costs are as follows:

	Quarter Ended
	March 1, 2014		March 2, 2013
Service cost	$	20	$	18
Interest cost		93		87
Amortization of transition obligation		11		11
Amortization of loss		30		20
Net periodic pension cost	$	154	$	136

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 of $72 for each of the quarters ended March 1, 2014 and March 2, 2013. Our liability under this plan was $2,549 and $2,555 as of March 1, 2014 and November 30, 2013, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	March 1, 2014		November 30, 2013
Accrued compensation and benefits	$	523	$	373
Post employment benefit obligations		2,026		2,182
Total pension liability	$	2,549	$	2,555