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Schedule II - Analysis of Valuation and Qualifying Accounts
 12 Months Ended
Nov. 25, 2017
Notes to Financial Statements  
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
Bassett Furniture Industries, Incorporated
             
Schedule II
             
Analysis of Valuation and Qualifying Accounts
For the Years Ended
November 25, 2017,
November 26, 2016
and
November 28, 2015
(amounts in thousands)
 
   
Balance Beginning of Period
    
Additions Charged to Cost and Expenses
    
Deductions (1)
    
Other
    
Balance End of Period
  
For the Year Ended November 28, 2015:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Reserve deducted from assets to which it applies
                                        
                                         
Allowance for doubtful accounts
   $
1,249
     $
(216
 )   $
(67
 )   $
209
 (2)
   $
1,175
  
                                         
Notes receivable valuation reserves
   $
4,139
     $
582
     $
(75
 )   $
-
 
   $
4,646
  
                                         
Income tax valuation allowance
   $
70
     $
-
     $
(70
 )   $
-
 
   $
-
  
                                         
For the Year Ended November 26, 2016:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Reserve deducted from assets to which it applies
                                        
                                         
Allowance for doubtful accounts
   $
1,175
     $
(376
 )   $
-
     $
-
 
   $
799
  
                                         
Notes receivable valuation reserves
   $
4,646
     $
-
     $
(3,192
 )   $
-
 (3)
   $
1,454
  
                                         
Income tax valuation allowance
   $
-
     $
-
     $
-
     $
-
 
   $
-
  
                                         
For the Year Ended November 25, 2017:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Reserve deducted from assets to which it applies
                                        
                                         
Allowance for doubtful accounts
   $
799
     $
(182
 )   $
-
     $
-
 
   $
617
  
                                         
Notes receivable valuation reserves
   $
1,454
     $
-
     $
-
     $
-
 
   $
1,454
  
                                         
Income tax valuation allowance
   $
-
     $
-
     $
-
     $
-
 
   $
-
  
 
(
1
) Deductions are for the purpose for which the reserve was created.
(
2
) Represents reserves of acquired company at date of acquisition.
(
3
) During fiscal
2016,
previously reserved notes were determined to be uncollectible and were written off against the reserve.