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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 24, 2018
Nov. 25, 2017
Nov. 26, 2016
Operating activities:      
Net income $ 8,218 $ 18,256 $ 15,829
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 13,203 13,312 12,249
Non-cash asset impairment charges 469
Non-cash portion of lease exit costs 301
Gain on sale of investments (4,221)
Net (gain) loss on sales of property and equipment (234) (1,190) (128)
Tenant improvement allowances received from lessors 2,462 1,643 914
Impairment charges on retail real estate 1,084
Deferred income taxes 4,663 (302) 5,324
Other, net 1,398 1,345 1,183
Changes in operating assets and liabilities      
Accounts receivable 1,732 (1,225) 3,228
Inventories (5,998) (918) 6,681
Other current and long-term assets (961) 2,477 (3,929)
Customer deposits 50 1,926 1,182
Accounts payable and accrued liabilities 3,395 4,197 (3,471)
Net cash provided by operating activities 28,698 36,384 39,062
Investing activities:      
Purchases of property and equipment (18,301) (15,500) (21,501)
Proceeds from sales of property and equipment 2,689 4,474 667
Cash paid for business acquisitions, net of cash acquired (15,556) (655)
Proceeds from sales and maturities of investments 482 5,546
Net cash used in investing activities (30,686) (6,135) (20,834)
Financing activities:      
Cash dividends (8,800) (7,725) (6,311)
Proceeds from exercise of stock options 27 310 114
Issuance of common stock 355 168 182
Repurchases of common stock (5,946) (83) (6,393)
Taxes paid related to net share settlement of equity awards (674) (641) (77)
Proceeds from equipment loan 7,384
Payments on notes and equipment loans (3,455) (3,473) (14,251)
Net cash used in financing activities (18,493) (11,444) (19,352)
Change in cash and cash equivalents (20,481) 18,805 (1,124)
Cash and cash equivalents - beginning of year 53,949 35,144 36,268
Cash and cash equivalents - end of year $ 33,468 $ 53,949 $ 35,144