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Note 11 - Income Taxes - Deferred Income Tax Balances (Details) - USD ($)
$ in Thousands
Dec. 03, 2022
Nov. 27, 2021
Pension and other post-retirement benefit plans $ 6,752 $ 12,118
Employee benefit costs 25,196 26,799
Foreign tax credit carryforward 7,884 7,309
Tax loss carryforwards 22,948 24,071
Leases 8,538 8,590
Hedging activity 13,299 2,623
Interest deduction limitation 17,736 12,428
Other 28,840 27,410
Gross deferred tax assets 131,193 121,348
Less: valuation allowance (14,424) (11,341)
Total net deferred tax assets 116,769 110,007
Depreciation and amortization (215,219) (207,726)
Pension and other post-retirement benefit plans (37,362) (36,042)
Leases (8,329) (8,524)
Total deferred tax liability (260,910) (252,292)
Net deferred tax liability $ (144,141) $ (142,285)