Note 20 - Revenue Recognition

12 Months Ended

Nov. 30, 2024

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

20. Revenue Recognition

Disaggregated revenue information for sales of furniture and accessories by product category for fiscal years 2024, 2023 and 2022, excluding intercompany transactions between our segments, is as follows:

	2024								2023								2022
	Wholesale		Retail		Corporate & Other (2)		Total		Wholesale		Retail		Corporate & Other (2)		Total		Wholesale		Retail		Corporate & Other		Total
Bassett Custom Upholstery	$	79,344	$	111,943	$	-	$	191,287	$	89,005	$	134,000	$	-	$	223,005	$	124,565	$	163,755	$	-	$	288,320
Bassett Leather		15,705		4,990		-		20,695		26,701		1,951		-		28,652		35,953		1,707		-		37,660
Bassett Custom Wood		14,075		32,201		-		46,276		17,357		36,732		-		54,089		22,534		43,208		-		65,742
Bassett Casegoods		11,317		26,179		-		37,496		12,329		32,252		-		44,581		15,628		40,146		-		55,774
Accessories, mattresses and other (1)		-		29,250		4,919		34,169		-		31,005		8,804		39,809		-		36,303		1,802		38,105
Consolidated Furniture and Accessories revenue	$	120,441	$	204,563	$	4,919	$	329,923	$	145,392	$	235,940	$	8,804	$	390,136	$	198,680	$	285,119	$	1,802	$	485,601

(1) Includes the sale of goods other than Bassett-branded products, such as accessories and bedding, and also includes the sale of furniture protection plans.

(2) Beginning with the fourth quarter of fiscal 2022, our Corporate and other reconciling category includes the sales of Noa Home, which was acquired on September 2, 2022 (see Note 3).