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Note 21 - Quarterly Results of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Nov. 28, 2015
[1]
Aug. 29, 2015
May. 30, 2015
[2]
Feb. 28, 2015
[3]
Nov. 29, 2014
Aug. 30, 2014
May. 31, 2014
Mar. 01, 2014
[4]
Nov. 28, 2015
Nov. 29, 2014
Nov. 30, 2013
Net Sales                      
Furniture and accessories $ 101,283 $ 97,107 $ 99,467 $ 89,548 $ 94,720 $ 85,186 $ 85,185 $ 75,647 $ 387,405 $ 340,738 $ 321,286
Logistics 14,273 13,904 12,086 3,259 43,522
Total sales revenue 115,556 111,011 111,553 92,807 $ 94,720 $ 85,186 $ 85,185 $ 75,647 430,927 $ 340,738 $ 321,286
Cost of furniture and accessories sold 45,616 44,824 46,921 41,930 42,883 40,168 39,872 35,394 179,291 158,317 155,292
Income from operations 8,706 7,692 6,714 2,877 6,755 3,399 3,891 1,086 25,989 15,131 10,005
Net income $ 5,682 $ 4,266 $ 4,529 $ 5,956 $ 3,649 $ 2,256 $ 2,551 $ 843 $ 20,433 $ 9,299 $ 5,096
Net income per share — basic (in dollars per share) $ 0.53 $ 0.39 $ 0.42 $ 0.57 $ 0.35 $ 0.22 $ 0.24 $ 0.08 $ 1.91 $ 0.88 $ 0.48
Net income per share — diluted (in dollars per share) $ 0.52 $ 0.39 $ 0.42 $ 0.56 $ 0.35 $ 0.21 $ 0.24 $ 0.08 $ 1.88 $ 0.87 $ 0.47
[1] Net income includes the effect of a $1,111 tax benefit arising from purchase accounting adjustments affecting the deductible basis of goodwill (see Note 14).
[2] Income from operations includes management restructuring charges of $449 (see Note 15). Net income includes income of $1,066 from the CDSOA, net of related income tax effects of approximately $410 (see Note 16).
[3] Income from operations includes asset impairment charges and lease exit costs totaling $525 (see Note 15). Net income includes a gain of $7,212, net of income tax effects of approximately $2,777, resulting from the remeasurement of our prior ownership interest in Zenith upon acquisition (see Note 3).
[4] Net income includes $662 of income from death benefits from life insurance policies covering a former executive.