Note 2 - Interim Financial Presentation and Other Information	3 Months Ended
Mar. 01, 2025
Notes to Financial Statements
Condensed Financial Statements [Text Block]	2. Interim Financial Presentation and Other Information All intercompany accounts and transactions have been eliminated in the condensed consolidated financial statements. The results of operations for the three months ended March 1, 2025 are not necessarily indicative of results for the full fiscal year. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended November 30, 2024. *Income Taxes* We calculate an anticipated effective tax rate for the year based on our annual estimates of pretax income or loss and use that effective tax rate to record our year-to-date income tax provision. Any change in annual projections of pretax income or loss could have a significant impact on our effective tax rate for the respective quarter. Our effective tax rate was 27.4% for the three months ended March 1, 2025. The effective rate for the three months ended March 1, 2025 differs from the federal statutory rate of 21% primarily due to the effects of state income taxes and various permanent differences. Our effective tax rate was 30.0% for the three months ended March 2, 2024. The effective rate for the three months ended March 2, 2024 differs from the federal statutory rate of 21% primarily due to increases in the valuation allowance placed on deferred tax assets associated with Noa Home Inc. (“Noa Home”), the effects of state income taxes and various permanent differences. *Non-cash Investing and Financing Activity* During the three months ended March 1, 2025 and March 2, 2024, $0 and $3,044, respectively, of lease right-of-use assets were added through the recognition of the corresponding lease obligations.

Note 2 - Interim Financial Presentation and Other Information

3 Months Ended

Mar. 01, 2025

Condensed Financial Statements [Text Block]

2. Interim Financial Presentation and Other Information

All intercompany accounts and transactions have been eliminated in the condensed consolidated financial statements. The results of operations for the three months ended March 1, 2025 are not necessarily indicative of results for the full fiscal year. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended November 30, 2024.

Income Taxes

We calculate an anticipated effective tax rate for the year based on our annual estimates of pretax income or loss and use that effective tax rate to record our year-to-date income tax provision. Any change in annual projections of pretax income or loss could have a significant impact on our effective tax rate for the respective quarter.

Our effective tax rate was 27.4% for the three months ended March 1, 2025. The effective rate for the three months ended March 1, 2025 differs from the federal statutory rate of 21% primarily due to the effects of state income taxes and various permanent differences.

Our effective tax rate was 30.0% for the three months ended March 2, 2024. The effective rate for the three months ended March 2, 2024 differs from the federal statutory rate of 21% primarily due to increases in the valuation allowance placed on deferred tax assets associated with Noa Home Inc. (“Noa Home”), the effects of state income taxes and various permanent differences.

Non-cash Investing and Financing Activity

During the three months ended March 1, 2025 and March 2, 2024, $0 and $3,044, respectively, of lease right-of-use assets were added through the recognition of the corresponding lease obligations.