Note 14 - Income Taxes (Tables)

12 Months Ended

Nov. 24, 2018

Notes Tables

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

	2018			2017			2016
Current:
Federal	$	(1,137	)	$	7,887		$	3,728
State		462			2,035			896
Deferred:
Federal		4,747			(200	)		4,559
State		(84	)		(102	)		765
Total	$	3,988		$	9,620		$	9,948

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

	2018			2017			2016
Statutory federal income tax rate		22.2	%		35.0	%		35.0	%
Revaluation of deferred tax assets resulting from new enacted rates		10.9			-			-
State income tax, net of federal benefit		4.6			3.9			4.2
Excess tax benefits from stock-based compensation		(1.5	)		(1.8	)		(0.3	)
Other		(3.5	)		(2.6	)		(0.3	)
Effective income tax rate		32.7	%		34.5	%		38.6	%

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

	November 24,  2018		November 25, 2017
Deferred income tax assets:
Trade accounts receivable	$	192	$	239
Inventories		1,755		2,606
Notes receivable		109		550
Post employment benefit obligations		3,619		5,555
State net operating loss carryforwards		218		583
Unrealized loss from affiliates		15		69
Net deferred rents		3,199		3,906
Other		1,290		1,878
Gross deferred income tax assets		10,397		15,386
Valuation allowance		-		-
Total deferred income tax assets		10,397		15,386
Deferred income tax liabilities:
Property and equipment		5,353		5,426
Intangible assets		1,060		1,185
Prepaid expenses and other		718		382
Total deferred income tax liabilities		7,131		6,993
Net deferred income tax assets	$	3,266	$	8,393