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Note 11 - Income Taxes - Deferred Income Tax Balances (Details) - USD ($)
$ in Thousands
Nov. 28, 2020
Nov. 30, 2019
Pension and other post-retirement benefit plans $ 1,417 $ 6,847
Employee benefit costs 24,538 21,468
Foreign tax credit carryforward 6,905 2,175
Tax loss carryforwards 31,495 26,427
Leases 7,133 0
Hedging activity 12,906 1,198
Other 36,521 32,626
Gross deferred tax assets 120,915 90,741
Less: valuation allowance (21,843) (14,986)
Total net deferred tax assets 99,072 75,755
Depreciation and amortization (220,379) (224,248)
Leases (7,194) 0
Total deferred tax liability (227,573) (224,248)
Net deferred tax liability $ (128,501) $ (148,493)