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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 27, 2021
Nov. 28, 2020
Nov. 30, 2019
Operating activities:      
Net income (loss) $ 18,042 $ (10,421) $ (1,928)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 14,597 13,480 13,500
Goodwill, Impairment Loss 0 1,971 1,926
Non-cash asset impairment charges 0 12,184 4,431
Non-cash portion of lease exit costs 0 0 149
Bad debt valuation charges (156) 492 61
Net (gain) loss on disposals of property and equipment (367) (81) 515
Gains on lease modifications (37) (1,313) 0
Inventory valuation charges 2,969 4,922 2,254
Deferred income taxes 1,545 2,513 (2,890)
Other, net 765 (51) 1,497
Changes in operating assets and liabilities      
Accounts receivable (5,672) (1,454) (2,616)
Inventories (26,087) 6,494 (5,196)
Other current and long-term assets (2,241) (9,325) 1,017
Right of use assets under operating leases 26,243 32,107 0
Customer deposits 11,730 14,421 (1,816)
Accounts payable and accrued liabilities 2,153 5,965 (1,095)
Obligations under operating leases (28,921) (35,229) 0
Net cash provided by operating activities 14,563 36,675 9,809
Investing activities:      
Purchases of property and equipment (10,750) (6,029) (17,375)
Proceeds from sales of property and equipment 382 2,345 1,643
Cash paid for business acquisitions, net of cash acquired 0 0 0
Puchases of investments 0 (295) 0
Proceeds from maturities of investments 0 16 5,207
Other (1,203) 216 (648)
Net cash used in investing activities (11,571) (3,747) (11,173)
Financing activities:      
Cash dividends (7,689) (4,544) (5,133)
Proceeds from exercise of stock options 42 0 25
Issuance of common stock 363 285 328
Repurchases of common stock (5,566) (2,208) (7,345)
Taxes paid related to net share settlement of equity awards (219) (228) 0
Repayment of finance lease obligations (1,348) (121) 0
Payments on notes and equipment loans 0 0 (292)
Net cash used in financing activities (14,417) (6,816) (12,417)
Change in cash and cash equivalents (11,425) 26,112 (13,781)
Cash and cash equivalents - beginning of year 45,799 19,687 33,468
Cash and cash equivalents - end of year $ 34,374 $ 45,799 $ 19,687