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Note 11 - Income Taxes - Reconciliation of Effective Income Tax (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 27, 2021
Nov. 28, 2020
Nov. 30, 2019
Tax at statutory U.S. federal income tax rate $ 45,539 $ 33,255 $ 36,294
State income taxes, net of federal benefit 1,444 (2,104) 2,785
Foreign dividend repatriation 1,104 900 825
Foreign operations 19,673 (563) 8,712
Executive compensation over $1.0 million 2,507 1,420 1,661
Non-U.S. stock option expense 575 358 425
Change in valuation allowance (9,572) 5,925 1,097
Research and development tax credit (993) (906) (802)
Foreign-derived intangible income (2,617) (1,396) (2,240)
Global intangible low-taxed income 2,334 1,932 2,029
Provision to return 1,122 1,704 (3,271)
Cross currency swap 3,931 (6,748) 2,677
Contingency reserve (2,139) 8,287 (957)
Other 125 (143) 173
Total income tax expense $ 63,033 $ 41,921 $ 49,408