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Note 3 - Business Combination - Acquisition of Zenith - Fair Value of Acquired Business (Details) - Zenith Freight Lines [Member]
9 Months Ended
Aug. 29, 2015
USD ($)
Cash $ 9,000,000
Bassett common stock, 89,485 shares, par value $5.00 per share, fair value at closing $18.72 per share 1,675,000
Note payable 8,436,000
Total fair value of consideration transferred to seller 19,111,000
Less effective settlement of previous amounts payable to Zenith at acquisition (3,622,000)
Total fair value of consideration net of effective settlement 15,489,000
Fair value of Bassett's previous 49% interest in Zenith 16,692,000
Total fair value of acquired business $ 32,181,000