Short-Term Investments (Tables)

3 Months Ended

Feb. 26, 2022

Cash and Cash Equivalents [Abstract]

[custom:ScheduleofPropertyPlantandEquipmentUsefulLives]

Buildings	.........................................................................................................................................................	15	30
Facility improvements	.........................................................................................................................................................	8	15
Machinery and equipment	.........................................................................................................................................................	5	10
Furniture and fixtures	.........................................................................................................................................................	5	8

The Company assesses long-lived assets for impairment in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) ASC 360-10-35, Property, Plant and Equipment - Subsequent Measurement. When events or circumstances indicate that an asset may be impaired, an assessment is performed. The estimated future undiscounted cash flows associated with the asset are compared to the asset’s net book value to determine if a write down to market value less cost to sell is required.

Construction in progress relates to multiple capital projects ongoing during the years ended November 30, 2021 and 2021, including the construction of the new manufacturing facility. Construction in progress also includes interest and fees on debt that are directly related to the financing of the Company’s capital projects.

Repairs and maintenance are expensed as incurred. Improvements which extend the useful lives of property, plant, and equipment are capitalized.