Stockholders' Equity (Tables)

12 Months Ended

Dec. 01, 2012

Stockholders' Equity

Schedule of basic and diluted per share results

	For the Fiscal Years Ended,
	Dec. 1, 2012			Dec. 3, 2011			Nov. 27, 2010
Loss as reported from continuing operations for computation of basic and diluted per share results, net of tax	$	(681	)	$	(2,997	)	$	(5,015	)
Income as reported from discontinued operation for computation of basic and diluted per share results, net of tax		1,647			523			528
Net income (loss)	$	966		$	(2,474	)	$	(4,487	)
Weighted average shares outstanding for computation of basic per share results		5,138,000			5,130,000			5,105,000
Incremental shares from assumed exercise of Griffin stock options (a)		—			—			—
Adjusted weighted average shares for computation of diluted per share results		5,138,000			5,130,000			5,105,000

(a)

Incremental shares from the assumed exercise of Griffin stock options are not included in periods where inclusion of such shares would be anti-dilutive. For the fiscal years ended December 1, 2012, December 3, 2011 and November 27, 2010 the incremental shares from the assumed exercise of stock options would have been 5,000, 8,000 and 15,000 shares, respectively.

Schedule of options granted under 2009 Stock Option Plan to non-employee directors upon their re-election to Board of Directors and to employees

	For the Fiscal Years Ended,
	December 1, 2012			December 3, 2011			November 27, 2010
	Number of Shares		Fair Value per Option at Grant Date	Number of Shares		Fair Value per Option at Grant Date	Number of Shares		Fair Value per Option at Grant Date
Non-employee directors		10,996	$10.66 - $14.89		8,712	$12.03		8,202	$	13.48
Employees		—			104,500	$10.37 - $12.88		—
Total		10,996			113,212			8,202

Schedule of assumptions used in determining fair value of stock options granted

	For the Fiscal Years Ended,
	Dec. 1, 2012	Dec. 3, 2011	Nov. 27, 2010
Expected volatility	39.6% - 41.1%	42.0% - 43.4%		42.3	%
Range of risk free interest rates	1.02% - 1.19%	2.06% - 2.81%		3.0	%
Expected option term (in years)	8.5	5 to 8.5		8.5
Annual dividend yield	0% - 0.7%	1.4%		1.4	%

Schedule of compensation expense and related tax benefits for stock options

	For the Fiscal Years Ended,
	Dec. 1, 2012		Dec. 3, 2011		Nov. 27, 2010
Compensation expense	$	604	$	564	$	392
Related tax benefit	$	148	$	138	$	99

Summary of activity under the Griffin Stock Option Plan of the vested stock options

Vested Options	Number of Shares			Weighted Avg. Exercise Price
Outstanding at November 28, 2009		71,133		$	17.61
Exercised in 2010		(31,101	)		12.20
Vested in 2010		5,698			32.84
Outstanding at November 27, 2010		45,730			23.18
Exercised in 2011		(10,667	)		17.45
Vested in 2011		19,012			31.06
Outstanding at December 3, 2011		54,075			27.08
Exercised in 2012		(6,741	)		17.80
Vested in 2012		38,049			32.19
Forfeited in 2012		(4,932	)		32.43
Outstanding at December 1, 2012		80,451		$	29.95

Schedule of vested options by range of exercise prices

Range of Exercise Prices for Vested Options	Outstanding at Dec. 1, 2012		Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)		Total Intrinsic Value
$11.00 - $12.00		6,776	$	11.81		0.5	$	92
$23.00 - $32.00		28,934	$	28.38		4.7		2
$32.00 - $39.00		44,741	$	33.72		6.0		—
		80,451	$	29.95		5.1	$	94

Summary of activity under the Griffin Stock Option Plan of the nonvested stock options

Nonvested Options	Number of Shares			Weighted Avg. Exercise Price
Outstanding at November 28, 2009		101,377		$	32.84
Granted in 2010		8,202			29.25
Vested in 2010		(5,698	)		32.84
Outstanding at November 27, 2010		103,881			32.56
Granted in 2011		113,212			28.68
Vested in 2011		(19,012	)		31.06
Forfeited in 2011		(7,638	)		28.47
Outstanding at December 3, 2011		190,443			30.56
Granted in 2012		10,996			25.45
Vested in 2012		(38,049	)		32.19
Outstanding at December 1, 2012		163,390		$	29.84

Schedule of nonvested options by range of exercise prices

Range of Exercise Prices for Nonvested Options	Outstanding at Dec. 1, 2012		Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)		Total Intrinsic Value
$23.00 - $29.00		115,056	$	28.41		8.2	$	11
$33.00 - $35.00		48,334	$	33.24		6.0		—
		163,390	$	29.84		7.6	$	11
Number of option holders at December 1, 2012						18

Schedule of unrecognized compensation expense related to nonvested stock options that will be recognized during future periods

Fiscal 2013	$	403
Fiscal 2014	$	213
Fiscal 2015	$	90
Fiscal 2016	$	12

Schedule of components of accumulated other comprehensive loss

	Dec. 1, 2012			Dec. 3, 2011
Unrealized loss on cash flow hedges	$	(2,011	)	$	(1,522	)
Unrealized gain on investment in Centaur Media plc		1,054			260
Actuarial gain on postretirement benefits plan		236			284
	$	(721	)	$	(978	)