Note 14 - Income Taxes (Tables)

12 Months Ended

Nov. 25, 2017

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2017			2016		2015
Current:
Federal	$	7,887		$	3,728	$	7,972
State		2,035			896		1,533
Deferred:
Increase (decrease) in valuation allowance		-			-		(70	)
Federal		(200	)		4,559		1,520
State		(102	)		765		480
Total	$	9,620		$	9,948	$	11,435

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2017			2016			2015
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
Change in income tax valuation allowance		-			-			(0.1	)
Change in income tax reserves		-			-			0.1
State income tax, net of federal benefit		3.9			4.2			4.4
Benefit of goodwill basis difference		-			-			(3.2	)
Excess tax benefits from stock-based compensation		(1.8	)		(0.3	)		-
Other		(2.6	)		(0.3	)		(0.3	)
Effective income tax rate		34.5	%		38.6	%		35.9	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	November 25, 2017		November 26, 2016
Deferred income tax assets:
Trade accounts receivable	$	239	$	307
Inventories		2,606		2,407
Notes receivable		550		562
Post employment benefit obligations		5,555		5,338
State net operating loss carryforwards		583		731
Unrealized loss from affiliates		69		217
Net deferred rents		3,906		3,112
Other		1,878		2,005
Gross deferred income tax assets		15,386		14,679
Valuation allowance		-		-
Total deferred income tax assets		15,386		14,679
Deferred income tax liabilities:
Property and equipment		5,426		5,179
Intangible assets		1,185		1,012
Prepaid expenses and other		382		417
Total deferred income tax liabilities		6,993		6,608
Net deferred income tax assets	$	8,393	$	8,071

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	2017		2016		2015
Balance, beginning of the year	$	55	$	12	$	1,236
Gross increases		46		43		12
Gross decreases due to settlements		-		-		(1,236	)
Balance, end of the year	$	101	$	55	$	12