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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2024
Aug. 26, 2023
Aug. 31, 2024
Aug. 26, 2023
Net sales of furniture and accessories $ 75,619 $ 87,217 $ 245,583 $ 295,434
Cost of furniture and accessories sold 35,526 42,173 113,863 140,360
Gross profit 40,093 45,044 131,720 155,074
Selling, general and administrative expenses 45,210 48,848 142,141 154,709
Loss on contract abandonment 1,240 0 1,240 0
Asset impairment charges 0 0 5,515 0
Gain on revaluation of contingent consideration 0 0 0 1,013
Interest (loss) from operations (6,357) (3,804) (17,176) 1,378
Interest income 692 923 2,075 1,644
Other loss, net (109) (309) (489) (1,381)
Income (loss) before income taxes (5,774) (3,190) (15,590) 1,641
Income tax expense (benefit) (1,269) (599) (2,691) 711
Net income (loss) $ (4,505) $ (2,591) $ (12,899) $ 930
Basic earnings (loss) per share (in dollars per share) $ (0.52) $ (0.3) $ (1.48) $ 0.11
Diluted earnings (loss) per share (in dollars per share) (0.52) (0.3) (1.48) 0.11
Regular dividends per share (in dollars per share) $ 0.2 $ 0.18 $ 0.54 $ 0.5