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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 25, 2023
Nov. 26, 2022
Nov. 27, 2021
Operating activities:      
Net income (loss) $ (3,171) $ 65,345 $ 18,042
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 10,141 11,309 14,597
Gain on disposal of discontinued operations 0 (52,534) 0
Non-cash goodwill impairment charge 5,409 0 0
Gain on revaluation of contingent consideration (1,013) (0) (0)
Net loss (gain) on disposals of property and equipment 5 (4,595) (367)
Inventory valuation charges 4,626 3,648 2,969
Deferred income taxes 831 (2,339) 1,545
Other, net 2,031 (302) 728
Changes in operating assets and liabilities:      
Accounts receivable 4,102 3,169 (5,828)
Inventories 17,869 (9,536) (26,087)
Other current and long-term assets 1,773 5,944 (2,241)
Right of use assets under operating leases 18,680 20,531 26,243
Customer deposits (13,175) (16,588) 11,730
Accounts payable and accrued liabilities (9,188) (4,073) 2,153
Obligations under operating leases (20,196) (22,949) (28,921)
Net cash provided by (used in) operating activities 18,724 (2,970) 14,563
Investing activities:      
Purchases of property and equipment (17,489) (21,296) (10,750)
Proceeds from sales of property and equipment 500 8,226 382
Cash paid for business acquisitions, net of cash acquired 0 (5,582) 0
Proceeds from the disposition of discontinued operations 1,000 84,534 0
Other (1,774) (40) (1,203)
Net cash provided by (used in) investing activities (17,763) 65,842 (11,571)
Financing activities:      
Cash dividends (5,982) (20,162) (7,689)
Proceeds from exercise of stock options 0 0 42
Issuance of common stock 318 424 363
Repurchases of common stock (4,176) (15,122) (5,566)
Taxes paid related to net share settlement of equity awards (109) (19) (219)
Repayment of finance lease obligations (278) (684) (1,348)
Net cash used in financing activities (10,227) (35,563) (14,417)
Effect of exchenge rate changes on cash and cash equivalents 48 (58) 0
Change in cash and cash equivalents (9,218) 27,251 (11,425)
Cash and cash equivalents - beginning of year 61,625 34,374 45,799
Cash and cash equivalents - end of year $ 52,407 $ 61,625 $ 34,374