Note 5 - Accounts Receivable

12 Months Ended

Nov. 30, 2019

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

5. Accounts Receivable

Accounts receivable consists of the following:

	November 30, 2019			November 24, 2018
Gross accounts receivable	$	22,193		$	19,809
Allowance for doubtful accounts		(815	)		(754	)
Net accounts receivable	$	21,378		$	19,055

Activity in the allowance for doubtful accounts was as follows:

	2019		2018
Balance, beginning of the year	$	754	$	617
Acquired allowance on accounts receivable (Note 3)		-		50
Additions charged to expense		61		339
Reductions to allowance, net		-		(252	)
Balance, end of the year	$	815	$	754

We believe that the carrying value of our net accounts receivable approximates fair value. The inputs into these fair value estimates reflect our market assumptions and are not observable. Consequently, the inputs are considered to be Level 3 as specified in the fair value hierarchy in ASC Topic 820, Fair Value Measurements and Disclosures. See Note 4.