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Note 11 - Income Taxes - Deferred Income Tax Balances (Details) - USD ($)
$ in Thousands
Nov. 27, 2021
Nov. 28, 2020
Pension and other post-retirement benefit plans $ 12,118 $ 16,385
Employee benefit costs 26,799 24,538
Foreign tax credit carryforward 7,309 6,905
Tax loss carryforwards 24,071 31,495
Leases 8,590 7,133
Hedging activity 2,623 12,906
Interest deduction limitation 12,428 6,343
Other 27,410 30,178
Gross deferred tax assets 121,348 135,883
Less: valuation allowance (11,341) (21,843)
Total net deferred tax assets 110,007 114,040
Depreciation and amortization (207,726) (220,379)
Pension and other post-retirement benefit plans (36,042) (14,968)
Leases (8,524) (7,194)
Total deferred tax liability (252,292) (242,541)
Net deferred tax liability $ (142,285) $ (128,501)