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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 26, 2023
Aug. 27, 2022
Aug. 26, 2023
Aug. 27, 2022
Net sales of furniture and accessories $ 87,217 $ 118,012 $ 295,434 $ 364,582
Cost of furniture and accessories sold 42,173 57,240 140,360 180,479
Gross profit 45,044 60,772 155,074 184,103
Selling, general and administrative expenses 48,848 54,695 154,709 160,536
Gain on sale of real estate 0 4,595 0 4,595
Gain on revaluation of contingent consideration (0) (0) (1,013) (0)
Income (loss) from operations (3,804) 10,672 1,378 28,162
Interest income 923 120 1,644 132
Other loss, net (309) (714) (1,381) (1,982)
Income (loss) from continuing operations before income taxes (3,190) 10,078 1,641 26,312
Income tax expense (benefit) (599) 2,305 711 6,505
Income (loss) from continuing operations (2,591) 7,773 930 19,807
Discontinued operations:        
Income from operations of logistical services 0 0 0 1,712
Gain on disposal (less adjustments) 0 (193) 0 53,061
Income tax expense (benefit) 0 (48) 0 14,261
Income (loss) from discontinued operations, net of tax 0 (145) 0 40,512
Net income $ (2,591) $ 7,628 $ 930 $ 60,319
Basic earnings (loss) per share:        
Income (loss) from continuing operations (in dollars per share) $ (0.30) $ 0.84 $ 0.11 $ 2.08
Income (loss) from discontinued operations (in dollars per share) 0 (0.02) 0 4.26
Basic earnings (loss) per share (in dollars per share) (0.30) 0.82 0.11 6.34
Diluted earnings (loss) per share:        
Income (loss0 from continuing operations (in dollars per share) (0.30) 0.84 0.11 2.08
Income (loss) from discontinued operations (in dollars per share) 0 (0.02) 0 4.26
Diluted earnings (loss) per share (in dollars per share) (0.30) 0.82 0.11 6.34
Regular dividends per share (in dollars per share) 0.18 0.16 0.50 0.44
Special dividend per share (in dollars per share) $ 0 $ 0 $ 0 $ 1.50