11.

Post - Employment Benefit Obligations

Supplemental Retirement Income Plan

We have an unfunded Supplemental Retirement Income Plan (the “Supplemental Plan”) that covers

one

current and certain former executives. Upon retirement, the Supplemental Plan provides for lifetime monthly payments in an amount equal to

65%

of the participant’s final average compensation as defined in the Supplemental Plan, which is reduced by certain social security benefits to be received and other benefits provided by us. The Supplemental Plan also provides a death benefit that is calculated as (a) prior to retirement death, which pays the beneficiary

50%

of final average annual compensation for a period of

120

months, or (b) post - retirement death, which pays the beneficiary

200%

of final average compensation in a single payment. We own life insurance policies on these executives with a current net death benefit of

$3,022

November

26,

2016

and we expect to substantially fund this death benefit through the proceeds received upon the death of the executive. Funding for the remaining cash flows is expected to be provided through operations. There are no benefits payable as a result of a termination of employment for any reason other than death or retirement, other than a change of control provision which provides for the immediate vesting and payment of the retirement benefit under the Supplemental Plan in the event of an employment termination resulting from a change of control.

Summarized information for the plan measured as of the end of each year presented, is as follows:

	2016			2015
Change in Benefit Obligation:
Projected benefit obligation at beginning of year	$	11,678		$	10,376
Service cost		146			105
Interest cost		423			374
Actuarial losses		165			1,372
Benefits paid		(549	)		(549	)
Projected benefit obligation at end of year	$	11,863		$	11,678

Accumulated Benefit Obligation	$	11,138		$	10,967

Discount rate used to value the ending benefit obligations:		3.75	%		3.75	%

Amounts recognized in the consolidated balance sheet:
Current liabilities	$	776		$	749
Noncurrent liabilities		11,087			10,929
Total amounts recognized	$	11,863		$	11,678
Amounts recognized in accumulated other comprehensive income:
Transition obligation	$	85		$	127
Actuarial loss		4,065			4,223
Net amount recognized	$	4,150		$	4,350

Total recognized in net periodic benefit cost and accumulated other comprehensive income:	$	734		$	1,851

	2016			2015			2014

Components of Net Periodic Pension Cost:
Service cost	$	146		$	105		$	78
Interest cost		423			374			373
Amortization of transition obligation		42			42			42
Amortization of other loss		323			195			123

Net periodic pension cost	$	934		$	716		$	616


Assumptions used to determine net periodic pension cost:
Discount rate		3.75	%		3.75	%		3.75	%
Increase in future compensation levels		3.00	%		3.00	%		3.00	%

Estimated Future Benefit Payments (with mortality):
Fiscal 2017			776
Fiscal 2018			738
Fiscal 2019			700
Fiscal 2020			662
Fiscal 2021			624
Fiscal 2022 through 2026			4,606

Of the

$4,150

recognized in accumulated other comprehensive income at

November

26,

2016,

$42

of net transition obligation and

$332

of net loss are expected to be recognized as components of net periodic pension cost during fiscal

2017.

Deferred Compensation Plan

We have an unfunded Deferred Compensation Plan that covers

one

current and certain former executives and provides for voluntary deferral of compensation. This plan has been frozen with no additional participants or benefits permitted. We recognized expense of

$228,

$248,

and

$134

in fiscal

2016,

2015,

and

2014,

respectively, associated with the plan. The expense for fiscal

2014

is net of a credit to income of

$124

due to a change in our estimate of the future obligation of a former employee. Our liability under this plan was

$1,969

and

$2,085

as of

November

26,

2016

and

November

28,

2015,

respectively. The non - current portion of this obligation is included in post - employment benefit obligations in our consolidated balance sheets, with the current portion included in accrued compensation and benefits.

Defined Contribution Plan

We have a qualified defined contribution plan (Employee Savings/Retirement Plan) that covers substantially all employees who elect to participate and have fulfilled the necessary service requirements. Employee contributions to the Plan are matched at the rate of

25%

of up to

of gross pay, regardless of years of service. Expense for employer matching contributions was

$865,

$662

and

$397

during fiscal

2016,

2015

and

2014,

respectively. The increase in contribution expense for fiscal

2016

over fiscal

2015

was largely due to an increase in the matching rate from

20%

2015

25%

2016.

The increase in contribution expense for fiscal

2015

over fiscal

2014

was largely due to an increase in the matching rate from

15%

2014

20%

2015,

as well as the acquisition of Zenith.