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Note 10 - Income Taxes	9 Months Ended
Aug. 29, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	*Note 10:* Income Taxes** As of August 29, 2020, we had a liability of $9,740 recorded for gross unrecognized tax benefits (excluding interest) compared to $8,946 as of November 30, 2019. As of August 29, 2020 and November 30, 2019, we had accrued $1,026 and $834 of gross interest relating to unrecognized tax benefits, respectively. Income tax expense for the three and nine months ended August 29, 2020 includes $7.2 million and $5.2 million, respectively, of discrete tax benefit relating to the revaluation of cross-currency swap agreements due to appreciation of the Euro versus the U.S. Dollar and various foreign tax matters. Excluding the discrete tax benefit, the overall effective tax rate was 27.1 percent and 27.3 percent for the three and nine months ended August 29, 2020, respectively. Income tax expense for the three and nine months ended August 31, 2019 includes $6.3 million and $7.2 million, respectively, of discrete tax expense. Excluding the discrete tax expense, the overall effective tax rate was 27.7 percent and 28.3 percent for the three and nine months ended August 31, 2019.

Note 10 - Income Taxes

9 Months Ended

Aug. 29, 2020

Note 10: Income Taxes

As of August 29, 2020, we had a liability of $9,740 recorded for gross unrecognized tax benefits (excluding interest) compared to $8,946 as of November 30, 2019. As of August 29, 2020 and November 30, 2019, we had accrued $1,026 and $834 of gross interest relating to unrecognized tax benefits, respectively.

Income tax expense for the three and nine months ended August 29, 2020 includes $7.2 million and $5.2 million, respectively, of discrete tax benefit relating to the revaluation of cross-currency swap agreements due to appreciation of the Euro versus the U.S. Dollar and various foreign tax matters. Excluding the discrete tax benefit, the overall effective tax rate was 27.1 percent and 27.3 percent for the three and nine months ended August 29, 2020, respectively.

Income tax expense for the three and nine months ended August 31, 2019 includes $6.3 million and $7.2 million, respectively, of discrete tax expense. Excluding the discrete tax expense, the overall effective tax rate was 27.7 percent and 28.3 percent for the three and nine months ended August 31, 2019.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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