Note 8 - Income Taxes (Tables)

12 Months Ended

Dec. 03, 2016

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	2016		2015		2014
United States	$	76,199	$	97,094	$	55,567
Non-U.S.		91,226		41,251		23,745
Total	$	167,425	$	138,345	$	79,312

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

Components of the provision for income tax expense (benefit)	2016			2015			2014
Current:
U.S. federal	$	14,515		$	24,180		$	8,771
State		2,789			2,955			1,290
Non-U.S.		27,788			22,075			20,133
		45,092			49,210			30,194
Deferred:
U.S. federal		6,444			8,096			8,106
State		1,102			1,269			1,069
Non-U.S.		(2,202	)		(2,720	)		(5,021	)
		5,344			6,645			4,154
Total	$	50,436		$	55,855		$	34,348

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

Reconciliation of effective income tax	2016			2015			2014
Statutory U.S. federal income tax rate	$	58,599		$	48,421		$	27,759
State income taxes, net of federal benefit		2,135			3,281			1,534
Foreign dividend repatriation		519			388			760
Foreign operations		(3,386	)		1,547			(8,287	)
Impact of option valuation		(1,879	)		1,211			-
Interest income not taxable in the U.S.		(525	)		(1,243	)		(1,649	)
Change in valuation allowance		(2,219	)		480			3,317
Tax impact of special charges, net		173			1,678			11,773
Research & Development tax credit		(2,291	)		(71	)		(16	)
Section 199 Manufacturing Deduction		(1,658	)		(2,036	)		(757	)
Other		968			2,199			(86	)
Total	$	50,436		$	55,855		$	34,348

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

Deferred income tax balances at each year-end related to:	2016			2015
Deferred Tax Assets:
Employee benefit costs	$	46,249		$	50,679
Foreign tax credit carryforward		11,593			11,621
Tax loss carryforwards		19,902			21,090
Other		20,612			24,373
Gross Deferred Tax Assets		98,356			107,763
Less: Valuation Allowance		(11,929	)		(14,393	)
Total Net Deferred Tax Assets		86,427			93,370
Deferred Tax Liability:
Depreciation and amortization		(66,589	)		(61,992	)
Total Deferred Tax Liability		(66,589	)		(61,992	)
Net Deferred Tax Assets	$	19,838		$	31,378

Summary of Income Tax Contingencies [Table Text Block]

	2016			2015
Balance at beginning of year	$	4,870		$	4,787
Tax positions related to the current year:
Additions		774			877
Tax positions related to prior years:
Additions		209			439
Reductions		(377	)		(557	)
Settlements		(131	)		-
Lapses in applicable statutes of limitation		(1,180	)		(676	)
Balance at end of year	$	4,165		$	4,870