Note 8 - Post Employment Benefit Obligations

6 Months Ended

May 31, 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 $9,485 and $9,775 as of May 31, 2014 and November 30, 2013, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	May 31, 2014		November 30, 2013
Accrued compensation and benefits	$	810	$	810
Post employment benefit obligations		8,675		8,965
Total pension liability	$	9,485	$	9,775

Components of net periodic pension costs are as follows:

	Quarter Ended				Six Months Ended
	May 31, 2014		June 1, 2013		May 31, 2014		June 1, 2013
Service cost	$	19	$	17	$	39	$	35
Interest cost		93		88		186		175
Amortization of transition obligation		11		10		22		21
Amortization of loss		31		21		61		41
Net periodic pension cost	$	154	$	136	$	308	$	272

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				Six Months Ended
	May 31, 2014		June 1, 2013		May 31, 2014		June 1, 2013
Deferred compensation plan expense	$	72	$	72	$	144	$	144

Our liability under this plan was $2,557 and $2,555 as of May 31, 2014 and November 30, 2013, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	May 31, 2014		November 30, 2013
Accrued compensation and benefits	$	523	$	373
Post employment benefit obligations		2,034		2,182
Total pension liability	$	2,557	$	2,555