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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2011
Aug. 31, 2010
Net sales $ 24,151 $ 25,534 $ 70,032 $ 74,611
Cost of goods sold 14,407 13,732 38,382 39,942
Gross profit 9,744 11,802 31,650 34,669
Operating expenses        
Selling, general and administrative 10,919 10,070 30,053 29,986
Depreciation and amortization 323 223 887 604
Retail stores impairment 1,144   1,144  
Total operating expenses 12,386 10,293 32,084 30,590
Operating (loss) income (2,642) 1,509 (434) 4,079
Interest expense 111 113 365 329
(Loss) income before provision for taxes (2,753) 1,396 (799) 3,750
Income tax (benefit) expense (715) 838 298 1,966
Net (loss) income $ (2,038) $ 558 $ (1,097) $ 1,784
(Loss) earnings per common share - basic (in dollars per share) $ (0.03) $ 0.01 $ (0.02) $ 0.03
(Loss) earnings per common share - diluted (in dollars per share) $ (0.03) $ 0.01 $ (0.02) $ 0.03
Weighted average shares outstanding        
Basic (in shares) 64,128 62,841 63,871 62,095
Diluted (in shares) 64,128 64,494 63,871 64,278