Note 8 - Income Taxes (Tables)

12 Months Ended

Nov. 28, 2015

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income from continuing operations before income taxes and income from equity method investments	2015		2014		2013
United States	$	97,094	$	55,567	$	81,788
Non-U.S.		41,251		23,745		45,756
Total	$	138,345	$	79,312	$	127,544

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Components of the provision for income tax expense (benefit)	2015			2014			2013
Current:
U.S. federal	$	24,180		$	8,771		$	16,999
State		2,955			1,290			1,372
Non-U.S.		22,075			20,133			11,930
		49,210			30,194			30,301
Deferred:
U.S. federal		8,096			8,106			8,101
State		1,269			1,069			2,244
Non-U.S.		(2,720	)		(5,021	)		(697	)
		6,645			4,154			9,648
Total	$	55,855		$	34,348		$	39,949

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliation of effective income tax	2015			2014			2013
Statutory U.S. federal income tax rate	$	48,421		$	27,759		$	44,641
State income taxes, net of federal benefit		3,281			1,534			2,351
Foreign dividend repatriation		388			760			467
Foreign operations		1,547			(8,287	)		(12,598	)
Impact of option valuation		1,211			-			-
Interest income not taxable in the U.S.		(1,243	)		(1,649	)		(1,789	)
Change in valuation allowance		480			3,317			1,819
Tax impact of special charges, net		1,678			11,773			5,998
Other		92			(859	)		(940	)
Total	$	55,855		$	34,348		$	39,949

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income tax balances at each year-end related to:	2015			2014
Depreciation and amortization	$	(61,992	)	$	(47,152	)
Employee benefit costs		50,679			45,920
Foreign tax credit carryforward		11,621			12,355
Tax loss carryforwards		21,090			21,851
Other		24,373			24,234
		45,771			57,208
Valuation allowance		(14,393	)		(16,364	)
Net deferred tax assets	$	31,378		$	40,844

Summary of Income Tax Contingencies [Table Text Block]

	2015			2014
Balance at beginning of year	$	4,787		$	5,151
Tax positions related to the current year:
Additions		877			600
Tax positions related to prior years:
Additions		439			178
Reductions		(557	)		(177	)
Settlements		-			(13	)
Lapses in applicable statutes of limitation		(676	)		(952	)
Balance at end of year	$	4,870		$	4,787