Note 10 - Post-employment Benefit Obligations (Tables)

12 Months Ended

Nov. 28, 2020

Notes Tables

Schedule of Changes in Projected Benefit Obligations [Table Text Block]

	2020			2019
Change in Benefit Obligation:
Projected benefit obligation at beginning of year	$	10,090		$	11,652
Service cost		172			190
Interest cost		268			441
Actuarial (gains) and losses		345			(1,172	)
Benefits paid		(804	)		(1,021	)
Projected benefit obligation at end of year	$	10,071		$	10,090
Accumulated Benefit Obligation	$	10,034		$	9,998
Discount rate used to value the ending benefit obligations:		2.00	%		2.75	%
Amounts recognized in the consolidated balance sheet:
Current liabilities	$	613		$	655
Noncurrent liabilities		9,458			9,435
Total amounts recognized	$	10,071		$	10,090
Amounts recognized in accumulated other comprehensive income:
Prior service cost	$	480		$	606
Actuarial loss		1,394			1,055
Net amount recognized	$	1,874		$	1,661
Total recognized in net periodic benefit cost and accumulated other comprehensive income:	$	785		$	(541	)

Schedule of Net Benefit Costs [Table Text Block]

	2020			2019			2018
Components of Net Periodic Pension Cost:
Service cost	$	172		$	190		$	196
Interest cost		268			441			418
Amortization of transition obligation		-			-			42
Amortization of prior service cost		126			126			126
Amortization of other loss		8			183			262
Net periodic pension cost	$	574		$	940		$	1,044
Assumptions used to determine net periodic pension cost:
Discount rate		2.75	%		4.00	%		3.50	%
Increase in future compensation levels		3.00	%		3.00	%		3.00	%
Estimated Future Benefit Payments (with mortality):
Fiscal 2021					613
Fiscal 2022					817
Fiscal 2023					778
Fiscal 2024					737
Fiscal 2025					775
Fiscal 2026 through 2030					3,499

Schedule of Defined Benefit Plan, Expected Amortization, Next Fiscal Year [Table Text Block]

Prior service cost	$	126
Other loss		59
Total expected to be amortized to net periodic pension cost in 2021	$	185