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Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Feb. 27, 2016	Mar. 18, 2016
Entity Registrant Name	BASSETT FURNITURE INDUSTRIES INC
Entity Central Index Key	0000010329
Trading Symbol	bset
Current Fiscal Year End Date	--11-26
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		10,892,609
Document Type	10-Q
Document Period End Date	Feb. 27, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Sales revenue:
Furniture and accessories	$ 92,402	$ 89,548
Logistics	14,471	3,259
Total sales revenue	106,873	92,807
Cost of furniture and accessories sold	41,986	41,930
Selling, general and administrative expenses excluding new store pre-opening costs	58,957	47,475
New store pre-opening costs	139
Lease exit costs		419
Asset impairment charges		106
Income from operations	5,791	2,877
Remeasurement gain on acquisition of affiliate		7,212
Other loss, net	(657)	(622)
Income before income taxes	5,134	9,467
Income tax expense	1,900	3,511
Net income	3,234	5,956
Retained earnings-beginning of period	120,904	106,339
Cash dividends	(962)	(821)
Retained earnings-end of period	$ 123,176	$ 111,474
Basic earnings per share (in dollars per share)	$ 0.30	$ 0.57
Diluted earnings per share (in dollars per share)	0.30	0.56
Dividends per share (in dollars per share)	$ 0.09	$ 0.08

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Net income	$ 3,234	$ 5,956
Other comprehensive income:
Amortization associated with supplemental executive retirement defined benefit plan (SERP)	91	59
Income taxes related to SERP	(34)	(22)
Other comprehensive income, net of tax	57	37
Total comprehensive income	$ 3,291	$ 5,993

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Current assets
Cash and cash equivalents	$ 25,113	$ 36,268
Short-term investments	23,125	23,125
Accounts receivable, net	19,741	21,197
Inventories	57,539	59,896
Other current assets	8,124	6,798
Total current assets	133,642	147,284
Property and equipment, net	101,810	96,104
Deferred income taxes	12,634	13,471
Goodwill and other intangible assets	17,601	17,682
Other	7,967	8,002
Total long-term assets	38,202	39,155
Total assets	273,654	282,543
Current liabilities
Accounts payable	20,234	20,916
Accrued compensation and benefits	11,472	14,345
Customer deposits	23,284	23,999
Dividends payable		2,184
Current portion of long-term debt	5,855	5,273
Other accrued liabilities	10,191	13,133
Total current liabilities	71,036	79,850
Long-term liabilities
Post employment benefit obligations	12,674	12,694
Notes payable	7,793	8,500
Other long-term liabilities	3,918	4,133
Total long-term liabilities	24,385	25,327
Stockholders’ equity
Common stock	54,463	54,580
Retained earnings	123,176	120,904
Additional paid-in capital	3,215	4,560
Accumulated other comprehensive loss	(2,621)	(2,678)
Total stockholders' equity	178,233	177,366
Total liabilities and stockholders’ equity	$ 273,654	$ 282,543

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Operating activities:
Net income	$ 3,234	$ 5,956
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	2,817	2,146
Equity in undistributed income of investments and unconsolidated affiliated companies		(220)
Provision for restructuring and asset impairment charges		106
Non-cash portion of lease exit costs		419
Remeasurement gain on acquisition of affiliate		(7,212)
Deferred income taxes	803	4,278
Other, net	294	549
Changes in operating assets and liabilities:
Accounts receivable	1,509	1,021
Inventories	2,357	(4,404)
Other current assets	(1,326)	(2,325)
Customer deposits	(715)	3,122
Accounts payable and accrued liabilities	(6,553)	(4,341)
Net cash provided by (used in) operating activities	2,420	(905)
Investing activities:
Purchases of property and equipment	(8,568)	(3,918)
Proceeds from sales of property and equipment	20
Cash paid for business acquisition, net of cash acquired		(7,374)
Capital contribution to affiliate		(1,345)
Net cash used in investing activities	(8,548)	(12,637)
Financing activities:
Cash dividends	(3,146)	(2,923)
Proceeds from the exercise of stock options		1,410
Other issuance of common stock	84	85
Repurchases of common stock	(1,774)	(191)
Excess tax benefits from stock-based compensation		456
Repayments of notes payable	(4,395)	(372)
Proceeds from equipment loans	4,204	660
Net cash used in financing activities	(5,027)	(875)
Change in cash and cash equivalents	(11,155)	(14,417)
Cash and cash equivalents - beginning of period	36,268	26,673
Cash and cash equivalents - end of period	$ 25,113	$ 12,256

Note 1 - Basis of Presentation	3 Months Ended
Note 1 - Basis of Presentation	Feb. 27, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States (“GAAP”) for complete financial statements. In our opinion, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. References to “ASC” included hereinafter refer to the Accounting Standards Codification established by the Financial Accounting Standards Board as the source of authoritative GAAP. The condensed consolidated financial statements include the accounts of Bassett Furniture Industries, Incorporated (“Bassett”, “we”, “our”, or the “Company”) and our wholly-owned subsidiaries of which we have a controlling interest. The equity method of accounting was used for our investment in an affiliated company in which we exercised significant influence but did not maintain a controlling interest prior to the Zenith acquisition mentioned below. In accordance with ASC Topic 810, we have evaluated our licensees and certain other entities to determine whether they are variable interest entities (“VIEs”) of which we are the primary beneficiary and thus would require consolidation in our financial statements. To date we have concluded that none of our licensees nor any other of our counterparties represent VIEs. Revenue from the sale of furniture and accessories is reported in the accompanying condensed consolidated statements of income net of estimates for returns and allowances. Zenith Acquisition Prior to February 2, 2015 we held a 49% interest in Zenith Freight Lines, LLC (“Zenith”) for which we used the equity method of accounting. On February 2, 2015 we acquired the remaining 51% ownership interest (see Note 3, Business Combinations). Accordingly, the results of Zenith have been consolidated with our results since the date of the acquisition. Sales of logistical services from Zenith to our wholesale and retail segments have been eliminated, and Zenith’s operating costs and expenses since the date of acquisition are included in selling, general and administrative expenses in our condensed consolidated statements of income. Our equity in the earnings of Zenith prior to the date of the acquisition is included in other loss, net, in the accompanying condensed consolidated statements of income.

Note 2 - Interim Financial Presentation	3 Months Ended
Note 2 - Interim Financial Presentation	Feb. 27, 2016
Notes to Financial Statements
Condensed Financial Statements [Text Block]	2. Interim Financial Presentation All intercompany accounts and transactions have been eliminated in the condensed consolidated financial statements. The results of operations for the three months ended February 27, 2016 are not necessarily indicative of results for the full fiscal year. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended November 28, 2015. We calculate an anticipated effective tax rate for the year based on our annual estimates of pretax income and use that effective tax rate to record our year-to-date income tax provision. Any change in annual projections of pretax income could have a significant impact on our effective tax rate for the respective quarter. Our effective tax rates for the quarters ended February 27, 2016 and February 28, 2015 differ from the federal statutory rate primarily due to the effects of state income taxes and various permanent differences.

Note 3 - Business Combination - Acquisition of Zenith

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Business Combination Disclosure [Text Block]

3. Business Combination – Acquisition of Zenith

Prior to February 2, 2015 we held a 49% interest in Zenith for which we used the equity method of accounting. Zenith provides domestic transportation and warehousing services primarily to furniture manufacturers and distributors and also provides home delivery services to furniture retailers. We historically have contracted with Zenith to provide substantially all of our domestic freight, transportation and warehousing needs for the wholesale business. In addition, Zenith provides home delivery services for many of our Company-owned retail stores. On February 2, 2015, we acquired the remaining 51% of Zenith in exchange for cash, Bassett common stock and a note payable with a total fair value of $19,111. The value of the Bassett common stock was based on the closing market price of our shares on the acquisition date, discounted for lack of marketability due to restrictions on the seller’s ability to transfer the shares. The restrictions on one half of the shares expired on the first anniversary of the acquisition, with the remainder expiring on the second anniversary. The note is payable in three annual installments of $3,000 each beginning February 2, 2016, and has been discounted to its fair value as of the date of the acquisition based on our estimated borrowing rate.

The carrying value of our 49% interest in Zenith prior to the acquisition was $9,480 (see Note 8, unconsolidated affiliated company). In connection with the acquisition, this investment was remeasured to a fair value of $16,692 resulting in the recognition of a gain of $7,212 during the quarter ended February 28, 2015. The impact of this gain upon our basic and diluted earnings per share was approximately $0.42, net of the related tax expense. The remeasured fair value of our prior interest in Zenith was estimated based on the fair value of the consideration transferred to acquire the remaining 51% of Zenith less an estimated control premium.

Under the acquisition method of accounting, the fair value of the consideration transferred along with the fair value of our previous 49% interest in Zenith was allocated to the tangible and intangible assets acquired and the liabilities assumed based on their estimated fair values as of the acquisition date with the remaining unallocated amount recorded as goodwill.

The total fair value of the acquired business was determined as follows:

Fair value of consideration transferred in exchange for 51% of Zenith:
Cash	$	9,000
Bassett common stock, 89,485 shares, par value $5.00 per share, fair value at closing $18.72 per share		1,675
Note payable		8,436
Total fair value of consideration transferred to seller		19,111
Less effective settlement of previous amounts payable to Zenith at acquisition		(3,622	)
Total fair value of consideration net of effective settlement		15,489
Fair value of Bassett's previous 49% interest in Zenith		16,692

Total fair value of acquired business	$	32,181

The allocation of the fair value of the acquired business is as follows:

Identifiable assets acquired:
Acquired cash and cash equivalents	$	1,677
Accounts receivable, net		3,399
Prepaid expenses and other current assets		496
Property and equipment		18,110
Other long-term assets		646
Intangible assets		6,362
Total identifiable assets acquired		30,690
Liabilities assumed:
Accounts payable and accrued liabilities		(4,038	)
Notes payable		(4,329	)
Total liabilities assumed		(8,367	)
Net identifiable assets acquired		22,323
Goodwill		9,858
Total net assets acquired	$	32,181

Goodwill was determined based on the residual difference between the fair value of the consideration transferred and the value assigned to tangible and intangible assets and liabilities. Approximately $6,982 of the acquired goodwill is deductible for tax purposes. Among the factors that contributed to a purchase price resulting in the recognition of goodwill were Zenith’s reputation for best-in-class, fully integrated logistical services which are uniquely tailored to the needs of the furniture industry, as well as their ability to provide expedited delivery service which is increasingly in demand in the furniture industry.

A portion of the fair value of consideration transferred was assigned to identifiable intangible assets as follows:

	Useful Life
Description :	In Years		Fair Value

Customer relationships		15	$	3,038
Trade names		Indefinite		2,490
Technology - customized applications		7		834

Total acquired intangible assets			$	6,362

The finite-lived intangible assets are being amortized on a straight-line basis over their useful lives. The indefinite-lived intangible asset and goodwill are not amortized but will be tested for impairment annually or between annual tests if an indicator of impairment exists.

The fair values of consideration transferred and net assets acquired were determined using a combination of Level 2 and Level 3 inputs as specified in the fair value hierarchy in ASC 820,

Fair Value Measurements and Disclosures

. See Note 4.

Acquisition costs related to the Zenith acquisition totaled $121 during the quarter ended February 28, 2015 and are included in selling, general and administrative expenses in the condensed consolidated statements of income. The acquisition costs are primarily related to legal, accounting and valuation services.

The revenue of Zenith since February 2, 2015 that is included in our condensed consolidated statements of income for the quarters ended February 27, 2016 and February 28, 2015 is $14,471 and $3,259, respectively after the elimination of intercompany transactions. Pre-tax income (loss) of Zenith that is included in our condensed consolidated statements of income for the quarters ended February 27, 2016 and February 28, 2015 is $695 and $(20), respectively. The pro forma results of operations for the acquisition of Zenith have not been presented because they are not material to our consolidated results of operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Note 4 - Financial Instruments, Investments and Fair Value Measurements	3 Months Ended
	Feb. 27, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4. Financial Instruments and Fair Value Measurements Financial Instruments Our financial instruments include cash and cash equivalents, short-term investments in certificates of deposit, accounts receivable, cost method investments, accounts payable and notes payable/long-term debt. Because of their short maturities, the carrying amounts of cash and cash equivalents, short-term investments in certificates of deposit, accounts receivable, and accounts payable approximate fair value. Our cost method investments generally involve entities for which it is not practical to determine fair values. Investments Our short-term investments of $23,125 at both February 27, 2016 and November 28, 2015 consisted of certificates of deposit (CDs) with original terms of twelve months, bearing interest at rates ranging from 0.28% to 1.00%. At February 27, 2016, the weighted average remaining time to maturity of the CDs was approximately four months and the weighted average yield of the CDs was approximately 0.42%. Each CD is placed with a Federally insured financial institution and all deposits are within Federal deposit insurance limits. Due to the nature of these investments and their relatively short maturities, the carrying amount of the short-term investments at February 27, 2016 and November 28, 2015 approximates their fair value. Fair Value Measurement The Company accounts for items measured at fair value in accordance with ASC Topic 820, Fair Value Measurements and Disclosures . ASC 820’s valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect our market assumptions. ASC 820 classifies these inputs into the following hierarchy: Level 1 Inputs – Quoted prices for identical instruments in active markets. Level 2 Inputs – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 Inputs – Instruments with primarily unobservable value drivers. We believe that the carrying amounts of our current assets and current liabilities approximate fair value due to the short-term nature of these items. The recurring estimate of the fair value of our notes payable for disclosure purposes (see Note 9) involves Level 3 inputs. Our primary non-recurring fair value estimates typically involve business acquisitions (Note 3) which involve a combination of Level 2 and Level 3 inputs, and asset impairments (Note 11) which utilize Level 3 inputs.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Note 5 - Accounts Receivable

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

5. Accounts Receivable

Accounts receivable consists of the following:

	February 27, 2016			November 28, 2015
Gross accounts receivable	$	20,863		$	22,372
Allowance for doubtful accounts		(1,122	)		(1,175	)
Accounts receivable, net	$	19,741		$	21,197

At February 27, 2015 and November 28, 2015 approximately 35% and 34%, respectively, of gross accounts receivable, and approximately 33% and 32%, respectively, of the allowance for doubtful accounts were attributable to amounts owed to us by our licensees. Our remaining receivables are primarily due from national account customers, traditional distribution channel customers and logistical services customers.

Activity in the allowance for doubtful accounts for the three months ended February 27, 2016 was as follows:

	2016

Balance at November 28, 2015	$	1,175
Reductions credited to income		(50	)
Write-offs and other reductions		(3	)
Balance at February 27, 2016	$	1,122

We believe that the carrying value of our net accounts receivable approximates fair value. The inputs into these fair value estimates reflect our market assumptions and are not observable. Consequently, the inputs are considered to be Level 3 as specified in the fair value hierarchy in ASC Topic 820,

Fair Value Measurements and Disclosures

. See Note 4.

Note 6 - Inventories

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Inventory Disclosure [Text Block]

. Inventories

Inventories are valued at the lower of cost or market. Cost is determined for domestic furniture inventories using the last-in, first-out (LIFO) method. The costs for imported inventories are determined using the first-in, first-out (FIFO) method.

Inventories were comprised of the following:

	February 27, 2016			November 28, 2015
Wholesale finished goods	$	28,555		$	31,253
Work in process		346			318
Raw materials and supplies		10,637			9,793
Retail merchandise		27,576			27,680
Total inventories on first-in, first-out method		67,114			69,044
LIFO adjustment		(7,864	)		(7,751	)
Reserve for excess and obsolete inventory		(1,711	)		(1,397	)
	$	57,539		$	59,896

We estimate an inventory reserve for excess quantities and obsolete items based on specific identification and historical write-offs, taking into account future demand, market conditions and the respective valuations at LIFO. The need for these reserves is primarily driven by the normal product life cycle. As products mature and sales volumes decline, we rationalize our product offerings to respond to consumer tastes and keep our product lines fresh. If actual demand or market conditions in the future are less favorable than those estimated, additional inventory write-downs may be required. In determining reserves, we calculate separate reserves on our wholesale and retail inventories. Our wholesale inventories tend to carry the majority of the reserves for excess quantities and obsolete inventory due to the nature of our distribution model. These wholesale reserves primarily represent design and/or style obsolescence. Typically, product is not shipped to our retail warehouses until a consumer has ordered and paid a deposit for the product. We do not typically hold retail inventory for stock purposes. Consequently, floor sample inventory and inventory for delivery to customers account for the majority of our inventory at retail. Retail reserves are based on accessory and clearance floor sample inventory in our stores and any inventory that is not associated with a specific customer order in our retail warehouses.

Activity in the reserves for excess quantities and obsolete inventory by segment are as follows:

	Wholesale Segment			Retail Segment			Total

Balance at November 28, 2015	$	1,087		$	310		$	1,397
Additions charged to expense		712			140			852
Write-offs		(429	)		(109	)		(538	)
Balance at February 27, 2016	$	1,370		$	341		$	1,711

Our estimates and assumptions have been reasonably accurate in the past. We have not made any significant changes to our methodology for determining inventory reserves in 2016 and do not anticipate that our methodology is likely to change in the future.

Note 7 - Goodwill and Other Intangible Assets

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

7. Goodwill and Other Intangible Assets

Goodwill and other intangible assets consisted of the following:

	February 27, 2016
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,038	$	(220	)	$	2,818
Technology - customized applications		834		(129	)		705

Total intangible assets subject to amortization		3,872		(349	)		3,523

Intangibles not subject to amortization:
Trade names		2,490		-			2,490
Goodwill		11,588		-			11,588

Total goodwill and other intangible assets	$	17,950	$	(349	)	$	17,601

	November 28, 2015
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,038	$	(169	)	$	2,869
Technology - customized applications		834		(99	)		735

Total intangible assets subject to amortization		3,872		(268	)		3,604

Intangibles not subject to amortization:
Trade names		2,490		-			2,490
Goodwill		11,588		-			11,588

Total goodwill and other intangible assets	$	17,950	$	(268	)	$	17,682

The carrying amounts of goodwill by reportable segment at both February 27, 2016 and November 28, 2015 were as follows:

Wholesale	$	4,839
Retail		1,820
Logistical services		4,929

Total goodwill	$	11,588

There were no accumulated impairment losses on goodwill as of February 27, 2016 or November 28, 2015.

Amortization expense associated with intangible assets during the quarters ended February 27, 2016 and February 28, 2015 was $81 and $42, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Note 8 - Unconsolidated Affiliated Companies	3 Months Ended
Note 8 - Unconsolidated Affiliated Companies	Feb. 27, 2016
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	8. Unconsolidated Affiliate Prior to February 2, 2015 we owned 49% of Zenith and accounted for our investment under the equity method. The balance of our investment in Zenith was adjusted for our equity in the earnings of Zenith through February 2, 2015 of $220 (included in other loss, net in our condensed consolidated statement of income for the quarter ended February 28, 2015), and increased by $1,345 representing our 49% share of a $2,745 capital contribution made to Zenith, a portion of which was used for retirement of certain of Zenith’s debt prior to the acquisition. This activity resulted in a carrying value for our investment in Zenith of $9,480 on the date of acquisition. See Note 3 regarding the remeasurement of this carrying value to fair value in connection with the acquisition and the resulting remeasurement gain of $7,212.

Note 9 - Notes Payable and Bank Credit Facility

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Debt Disclosure [Text Block]

Notes Payable and Bank Credit Facility

Our notes payable consist of the following:

	February 27, 2016
	Principal Balance			Unamortized Discount			Net Carrying Amount

Zenith acquisition note payable	$	6,000		$	(246	)	$	5,754
Transportation equipment notes payable		5,112			-			5,112
Real estate notes payable		2,782			-			2,782

Total Debt		13,894			(246	)		13,648
Less current portion		(6,030	)		175			(5,855	)

Total long-term debt	$	7,864		$	(71	)	$	7,793

	November 28, 2015
	Principal Balance			Unamortized Discount			Net Carrying Amount

Zenith acquisition note payable	$	9,000		$	(312	)	$	8,688
Transportation equipment notes payable		2,152			-			2,152
Real estate notes payable		2,933			-			2,933

Total Debt		14,085			(312	)		13,773
Less current portion		(5,477	)		204			(5,273	)

Total long-term debt	$	8,608		$	(108	)	$	8,500

The future maturities of our notes payable are as follows:

Remainder of fiscal 2016	$	2,534
Fiscal 2017		4,809
Fiscal 2018		4,515
Fiscal 2019		1,509
Fiscal 2020		527
Fiscal 2021		-
Thereafter		-
	$	13,894

Zenith

Acquisition Note Payable

As part of the consideration given for our acquisition of Zenith on February 2, 2015, we issued an unsecured note payable to the former owner in the amount of $9,000, payable in three annual installments of $3,000 due on each anniversary of the note, the first installment having been paid on February 2, 2016. Interest is payable annually at the one year LIBOR rate, which was established at 0.62% on February 2, 2015 and resets on each anniversary of the note, having reset to the current rate of 1.14% on February 2, 2016. The note was recorded at its fair value in connection with the acquisition resulting in a debt discount that is amortized to the principal amount through the recognition of non-cash interest expense over the term of the note. Interest expense resulting from the amortization of the discount for the quarters ended February 27, 2016 and February 28, 2015 was $66 and $24, respectively. The current portion of the note due within one year, including unamortized discount, was $2,825 and $2,796 at February 27, 2016 and November 28, 2015, respectively.

Transportation Equipment Notes Payable

Certain of the transportation equipment operated in our logistical services segment is financed by notes payable in the amount of $5,112 and $2,152 at February 27, 2016 and November 28, 2015, respectively. These notes are payable in fixed monthly payments of principal and interest at fixed and variable rates ranging from 2.60% to 3.75% at February 27, 2016, with remaining terms of fifteen to forty-five months. The current portion of these notes due within one year was $1,514 and $901 at February 27, 2016 and November 28, 2015, respectively. The notes are secured by tractors, trailers and local delivery trucks with a total net book value of $6,552 and $3,796 at February 27, 2016 and November 28, 2015, respectively.

Real Estate Notes Payable

Certain of our retail real estate properties have been financed through commercial mortgages with outstanding principal totaling $1,623 and $1,709 at February 27, 2016 and November 28, 2015, respectively. The mortages bear interest at fixed rates of 6.73%. They are collateralized by the respective properties with net book values totaling approximately $5,959 and $5,993 at February 27, 2016 and November 28, 2015, respectively. The current portion of these mortgages due within one year was $357 and $351 as of February 27, 2016 and November 28, 2015, respectively.

Certain of the real estate located in Conover, NC and operated in our logistical services segment is subject to a note payable in the amount of $1,159 and $1,224 at February 27, 2016 and November 28, 2015, respectively. The note is payable in monthly installments of principal and interest at the fixed rate of 3.75% through October 2016, at which time the remaining balance on the note of approximately $1,004 will be due. Therefore, the entire balance of this note is included in the current portion of our long-term debt at February 27, 2016 and November 28, 2015. The note is secured by land and buildings with a total net book value of $6,191 and $6,226 at February 27, 2016 and November 28, 2015, respectively.

Fair Value

We believe that the carrying amount of our notes payable approximates fair value at both February 27, 2016 and November 28, 2015. In estimating the fair value, we utilize current market interest rates for similar instruments. The inputs into these fair value calculations reflect our market assumptions and are not observable. Consequently, the inputs are considered to be Level 3 as specified in the fair value hierarchy in ASC Topic 820,

Fair Value Measurements and Disclosures

. See Note 3.

Bank

Credit Facility

Effective December 5, 2015, we entered into a new credit facility with our bank which provides for a line of credit of up to $15,000. This credit facility, which matures in December of 2018, is unsecured and contains covenants requiring us to maintain certain key financial ratios. We are in compliance with all covenants under the agreement and expect to remain in compliance for the foreseeable future.

At February 27, 2016, we had $1,970 outstanding under standby letters of credit against our line, leaving availability under our credit line of $13,030. In addition, we have outstanding standby letters of credit with another bank totaling $356.

Note 10 - Post Employment Benefit Obligations

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Postemployment Benefits Disclosure [Text Block]

10. Post Employment Benefit Obligations

We have an unfunded Supplemental Retirement Income Plan (the “Supplemental Plan”) that covers one current and certain former executives. The liability for this plan was $11,683 and $11,678 as of February 27, 2016 and November 28, 2015, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	February 27, 2016		November 28, 2015
Accrued compensation and benefits	$	749	$	749
Post employment benefit obligations		10,934		10,929

Total pension liability	$	11,683	$	11,678

Components of net periodic pension costs are as follows:

	Quarter Ended
	February 27, 2016		February 28, 2015
Service cost	$	36	$	26
Interest cost		106		94
Amortization of transition obligation		11		11
Amortization of loss		81		48

Net periodic pension cost	$	234	$	179

We have an unfunded Deferred Compensation Plan that covers one current executive and certain former executives and provides for voluntary deferral of compensation. This plan has been frozen with no additional participants or deferrals permitted. We recognized expense of $57 and $54 for the quarters ended February 27, 2016 and February 28, 2015, respectively. Our liability under this plan was $2,060 and $2,085 as of February 27, 2016 and November 28, 2015, respectively, and is recorded as follows in the condensed consolidated balance sheets:

	February 27, 2016		November 28, 2015
Accrued compensation and benefits	$	320	$	320
Post employment benefit obligations		1,740		1,765

Total deferred compensation liability	$	2,060	$	2,085

Note 11 - Impairment Charges and Accrued Lease Exit Costs

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Restructuring, Impairment, and Other Activities Disclosure [Text Block]

Impairment Charges and Accrued Lease Exit Costs

During the quarter ended February 28, 2015 we announced the closing of our Company-owned retail store location in Memphis, Tennessee. In connection with this closing, we recognized non-cash charges of $419 for the accrual of lease exit costs and $106 for the write off of abandoned leasehold improvements and other store assets.

The following table summarized the activity related to our accrued lease exit costs:

Balance at November 28, 2015	$	566

Provisions made to adjust previous estimates		27
Payments and other		(130	)
Accretion of interest on obligations and other		3

Balance at February 27, 2016	$	466

Current portion included in other accrued liabilities	$	277
Long-term portion included in other long-term liabilities		189
	$	466

Note 12 - Commitments and Contingencies

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Legal Matters and Contingencies [Text Block]

Commitments and Contingencies

We are involved in various legal and environmental matters, which arise in the normal course of business. Although the final outcome of these matters cannot be determined, based on the facts presently known, we believe that the final resolution of these matters will not have a material adverse effect on our financial position or future results of operations.

We lease land and buildings that are used in the operation of our Company-owned retail stores as well as in the operation of certain of our licensee-owned stores, and we lease land and buildings at various locations throughout the continental United States for warehousing and distribution hubs used in our logistical services segment. We also lease tractors, trailers and local delivery trucks used in our logistical services segment. Our real estate lease terms range from one to 15 years and generally have renewal options of between five and 15 years. Some store leases contain contingent rental provisions based upon sales volume. Our transportation equipment leases have terms ranging from two to seven years with fixed monthly rental payments plus variable charges based upon mileage. The following schedule shows future minimum lease payments under non-cancellable operating leases with terms in excess of one year as of February 27, 2016:

	Retail Stores		Distribution Centers		Transportation Equipment		Total

Remainder of fiscal 2016	$	13,755	$	3,041	$	2,543	$	19,339
Fiscal 2017		17,167		3,984		2,672		23,823
Fiscal 2018		14,787		2,736		1,447		18,970
Fiscal 2019		12,906		1,745		1,420		16,071
Fiscal 2020		11,578		1,230		1,355		14,163
Fiscal 2021		8,920		1,254		781		10,955
Thereafter		19,347		3,023		668		23,038
Total future minimum lease payments	$	98,460	$	17,013	$	10,886	$	126,359

We also have guaranteed certain lease obligations of licensee operators. Lease guarantees range from one to ten years. We were contingently liable under licensee lease obligation guarantees in the amount of $2,386 and $2,494 at February 27, 2016 and November 28, 2015, respectively.

In the event of default by an independent dealer under the guaranteed lease, we believe that the risk of loss is mitigated through a combination of options that include, but are not limited to, arranging for a replacement dealer, liquidating the collateral (primarily inventory), and pursuing payment under the personal guarantees of the independent dealer. The proceeds of the above options are expected to cover the estimated amount of our future payments under the guarantee obligations, net of recorded reserves. The fair value of lease guarantees (an estimate of the cost to the Company to perform on these guarantees) at February 27, 2016 and November 28, 2015 was not material.

Note 13 - Earnings Per Share

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

Earnings Per Share

The following reconciles basic and diluted earnings per share:

	Net Income		Weighted Average Shares		Net Income Per Share
For the quarter ended February 27, 2016:

Basic earnings per share	$	3,234		10,780,229	$	0.30
Add effect of dilutive securities: Options and restricted shares		-		104,327		-
Diluted earnings per share	$	3,234		10,884,556	$	0.30

For the quarter ended February 28, 2015:

Basic earnings per share	$	5,956		10,480,656	$	0.57
Add effect of dilutive securities: Options and restricted shares		-		175,856		(0.01	)
Diluted earnings per share	$	5,956		10,656,512	$	0.56

For the three months ended February 27, 2016 and February 28, 2015, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:

	Quarter Ended
	February 27, 2016		February 28, 2015

Unvested shares		2,000		46,000

Note 14 - Segment Information

3 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

14. Segment

Information

We have strategically aligned our business into three reportable segments as defined in ASC 280,

Segment Reporting

, and as described below:

●

Wholesale.

The wholesale home furnishings segment is involved principally in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores (Company-owned and licensee-owned retail stores) and independent furniture retailers. Our wholesale segment includes our wood and upholstery operations as well as all corporate selling, general and administrative expenses, including those corporate expenses related to both Company- and licensee-owned stores. Also included in our wholesale segment are our short-term investments and our holdings of retail real estate previously leased as licensee stores. The earnings and costs associated with these assets are included in other income (loss), net, in our condensed consolidated statements of income.

●

Retail – Company-owned

tores.

Our retail segment consists of Company-owned stores and includes the revenues, expenses, assets and liabilities and capital expenditures directly related to these stores.

●

Logistical services

With our acquisition of Zenith on February 2, 2015, we created the logistical services operating segment which reflects the operations of Zenith. In addition to providing shipping, delivery and warehousing services for the Company, Zenith also provides similar services to other customers, primarily in the furniture industry. Revenue from the performance of these services to other customers is included in logistical services revenue in our condensed consolidated statement of income. Zenith’s operating costs are included in selling, general and administrative expenses and total $23,934 for the three months ended February 27, 2016 and $6,007 from the date of acquisition through February 28, 2015. Amounts charged by Zenith to the Company for logistical services prior to the date of acquisition are included in selling, general and administrative expenses, and our equity in the earnings of Zenith prior to the date of acquisition is included in other income (loss), net, in the accompanying statements of income.

Inter-company net sales elimination represents the elimination of wholesale sales to our Company-owned stores and the elimination of Zenith logistics revenue from our wholesale and retail segments. Inter-company income elimination includes the embedded wholesale profit in the Company-owned store inventory that has not been realized. These profits will be recorded when merchandise is delivered to the retail consumer. The inter-company income elimination also includes rent paid by our retail stores occupying Company-owned real estate, and the elimination of shipping and handling charges from Zenith for services provided to our wholesale and retail operations.

The following table presents our segment information:

	Quarter Ended
	February 27, 2016			February 28, 2015
Sales Revenue
Wholesale	$	59,576		$	58,805
Retail - Company-owned stores		61,595			57,183
Logistical services		24,679			5,999
Inter-company eliminations:
Furniture and accessories		(28,769	)		(26,440	)
Logistical services		(10,208	)		(2,740	)
Consolidated	$	106,873		$	92,807

Income (loss) from Operations
Wholesale	$	4,398		$	2,927
Retail - Company-owned stores		316			(42	)
Logistical services		744			(8	)
Inter-company elimination		333			525
Lease exit costs		-			(419	)
Asset impairment charges		-			(106	)
Consolidated	$	5,791		$	2,877

Depreciation and Amortization
Wholesale	$	456		$	534
Retail - Company-owned stores		1,531			1,355
Logistical services		830			257
Consolidated	$	2,817		$	2,146

Capital Expenditures
Wholesale	$	1,537		$	961
Retail - Company-owned stores		2,021			2,111
Logistical services		5,010			846
Consolidated	$	8,568		$	3,918

Identifiable Assets	As of February 27, 2016		As of November 28, 2015
Wholesale	$	132,623	$	146,878
Retail - Company-owned stores		91,548		88,878
Logistical services		49,483		46,787
Consolidated	$	273,654	$	282,543

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Note 15 - Recent Accounting Pronouncements	3 Months Ended
Note 15 - Recent Accounting Pronouncements	Feb. 27, 2016
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	1 5 . Recent Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (ASU 2014-09), which creates ASC Topic 606, Revenue from Contracts with Customers, and supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. In addition, ASU 2014-09 supersedes the cost guidance in Subtopic 605-35, Revenue Recognition—Construction-Type and Production-Type Contracts, and creates new Subtopic 340-40, Other Assets and Deferred Costs—Contracts with Customers. In summary, the core principle of Topic 606 is to recognize revenue when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. Companies are allowed to select between two transition methods: (1) a full retrospective transition method with the application of the new guidance to each prior reporting period presented, or (2) a retrospective transition method that recognizes the cumulative effect on prior periods at the date of adoption together with additional footnote disclosures. The amendments in ASU 2014-09 are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period, and early application is not permitted. Therefore the amendments in ASU 2014-09 will become effective for us as of the beginning of our 2019 fiscal year. We are currently evaluating the impact that the adoption of ASU 2014-09 will have on our consolidated financial statements and have not made any decision on the method of adoption. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. ASU 2015-11 requires that inventory within the scope of this Update be measured at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The amendments in this Update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. For all entities, the guidance is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. Early adoption is permitted. Therefore the amendments in ASU 2015-11 will become effective for us as of the beginning of our 2018 fiscal year. The adoption of this guidance is not expected to have a material impact upon our financial condition or results of operations. In July 2015, the FASB issued Accounting Standards Update No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement Period Adjustments. ASU 2015-16 requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. Any current period adjustments to provisional amounts that would have impacted a prior period’s earnings had they been recognized at the acquisition date are required to be presented separately on the face of the income statement or disclosed in the notes. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this Update should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this Update with earlier application permitted for financial statements that have not been issued. Therefore the amendments in ASU 2015-16 will become effective for us as of the beginning of our 2017 fiscal year. The adoption of this guidance is not expected to have a material impact upon our financial condition or results of operations. In January 2016, the FASB issued Accounting Standards Update No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 requires that equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) are to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Furthermore, equity investments without readily determinable fair values are to be assessed for impairment using a quantitative approach. The amendments in ASU 2016-01 should be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption, with other amendments related specifically to equity securities without readily determinable fair values applied prospectively. The amendments in ASU 2016-01 will become effective for us as of the beginning of our 2019 fiscal year. The adoption of this guidance is not expected to have a material impact upon our financial condition or results of operations. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (Topic 842). The guidance in ASU 2016-02 requires that a lessee recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. As with previous guidance, there continues to be a differentiation between finance leases and operating leases, however this distinction now primarily relates to differences in the manner of expense recognition over time and in the classification of lease payments in the statement of cash flows. Lease assets and liabilities arising from both finance and operating leases will be recognized in the statement of financial position. ASU 2016-02 leaves the accounting for leases by lessors largely unchanged from previous GAAP. The transitional guidance for adopting the requirements of ASU 2016-02 calls for a modified retrospective approach that includes a number of optional practical expedients that entities may elect to apply. The guidance in ASU 2016-02 will become effective for us as of the beginning of our 2020 fiscal year. We are currently evaluating the impact that the adoption of ASU 2016-02 will have on our consolidated financial statements, which we expect will have a material effect on our statement of financial position, and have not made any decision on the method of adoption with respect to the optional practical expedients.

Note 3 - Business Combination - Acquisition of Zenith (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Fair value of consideration transferred in exchange for 51% of Zenith:
Cash	$	9,000
Bassett common stock, 89,485 shares, par value $5.00 per share, fair value at closing $18.72 per share		1,675
Note payable		8,436
Total fair value of consideration transferred to seller		19,111
Less effective settlement of previous amounts payable to Zenith at acquisition		(3,622	)
Total fair value of consideration net of effective settlement		15,489
Fair value of Bassett's previous 49% interest in Zenith		16,692

Total fair value of acquired business	$	32,181

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Identifiable assets acquired:
Acquired cash and cash equivalents	$	1,677
Accounts receivable, net		3,399
Prepaid expenses and other current assets		496
Property and equipment		18,110
Other long-term assets		646
Intangible assets		6,362
Total identifiable assets acquired		30,690
Liabilities assumed:
Accounts payable and accrued liabilities		(4,038	)
Notes payable		(4,329	)
Total liabilities assumed		(8,367	)
Net identifiable assets acquired		22,323
Goodwill		9,858
Total net assets acquired	$	32,181

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

	Useful Life
Description :	In Years		Fair Value

Customer relationships		15	$	3,038
Trade names		Indefinite		2,490
Technology - customized applications		7		834

Total acquired intangible assets			$	6,362

Note 5 - Accounts Receivable (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule Of Accounts Receivable [Table Text Block]

	February 27, 2016			November 28, 2015
Gross accounts receivable	$	20,863		$	22,372
Allowance for doubtful accounts		(1,122	)		(1,175	)
Accounts receivable, net	$	19,741		$	21,197

Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]

	2016

Balance at November 28, 2015	$	1,175
Reductions credited to income		(50	)
Write-offs and other reductions		(3	)
Balance at February 27, 2016	$	1,122

Note 6 - Inventories (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Inventory, Current [Table Text Block]

	February 27, 2016			November 28, 2015
Wholesale finished goods	$	28,555		$	31,253
Work in process		346			318
Raw materials and supplies		10,637			9,793
Retail merchandise		27,576			27,680
Total inventories on first-in, first-out method		67,114			69,044
LIFO adjustment		(7,864	)		(7,751	)
Reserve for excess and obsolete inventory		(1,711	)		(1,397	)
	$	57,539		$	59,896

Activity In Reserves For Excess Quantities And Obsolete Inventory By Segment [Table Text Block]

	Wholesale Segment			Retail Segment			Total

Balance at November 28, 2015	$	1,087		$	310		$	1,397
Additions charged to expense		712			140			852
Write-offs		(429	)		(109	)		(538	)
Balance at February 27, 2016	$	1,370		$	341		$	1,711

Note 7 - Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Intangible Assets and Goodwill [Table Text Block]

	February 27, 2016
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,038	$	(220	)	$	2,818
Technology - customized applications		834		(129	)		705

Total intangible assets subject to amortization		3,872		(349	)		3,523

Intangibles not subject to amortization:
Trade names		2,490		-			2,490
Goodwill		11,588		-			11,588

Total goodwill and other intangible assets	$	17,950	$	(349	)	$	17,601

	November 28, 2015
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,038	$	(169	)	$	2,869
Technology - customized applications		834		(99	)		735

Total intangible assets subject to amortization		3,872		(268	)		3,604

Intangibles not subject to amortization:
Trade names		2,490		-			2,490
Goodwill		11,588		-			11,588

Total goodwill and other intangible assets	$	17,950	$	(268	)	$	17,682

Schedule of Goodwill [Table Text Block]

Wholesale	$	4,839
Retail		1,820
Logistical services		4,929

Total goodwill	$	11,588

Note 9 - Notes Payable and Bank Credit Facility (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Debt [Table Text Block]

	February 27, 2016
	Principal Balance			Unamortized Discount			Net Carrying Amount

Zenith acquisition note payable	$	6,000		$	(246	)	$	5,754
Transportation equipment notes payable		5,112			-			5,112
Real estate notes payable		2,782			-			2,782

Total Debt		13,894			(246	)		13,648
Less current portion		(6,030	)		175			(5,855	)

Total long-term debt	$	7,864		$	(71	)	$	7,793

	November 28, 2015
	Principal Balance			Unamortized Discount			Net Carrying Amount

Zenith acquisition note payable	$	9,000		$	(312	)	$	8,688
Transportation equipment notes payable		2,152			-			2,152
Real estate notes payable		2,933			-			2,933

Total Debt		14,085			(312	)		13,773
Less current portion		(5,477	)		204			(5,273	)

Total long-term debt	$	8,608		$	(108	)	$	8,500

Schedule of Maturities of Long-term Debt [Table Text Block]

Remainder of fiscal 2016	$	2,534
Fiscal 2017		4,809
Fiscal 2018		4,515
Fiscal 2019		1,509
Fiscal 2020		527
Fiscal 2021		-
Thereafter		-
	$	13,894

Note 10 - Post Employment Benefit Obligations (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Pension Liability [Table Text Block]

<div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;; width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">February 27, </div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">November 28, </div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">2015</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Accrued compensation and benefits</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">749 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">749 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Post employment benefit obligations</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">10,934 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">10,929 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total pension liability</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">11,683 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">11,678 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> </tr> </table></div><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;; width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">February 27, </div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">November 28, </div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">2015</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: #000000 1px solid"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Accrued compensation and benefits</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">320 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">320 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Post employment benefit obligations</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">1,740 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">1,765 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total deferred compensation liability</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">2,060 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">2,085 </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap"> </td> </tr> </table></div>

Schedule of Net Benefit Costs [Table Text Block]

	Quarter Ended
	February 27, 2016		February 28, 2015
Service cost	$	36	$	26
Interest cost		106		94
Amortization of transition obligation		11		11
Amortization of loss		81		48

Net periodic pension cost	$	234	$	179

Note 11 - Impairment Charges and Accrued Lease Exit Costs (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule Of Activity Related To Accrued Lease Exit Costs [Table Text Block]

Balance at November 28, 2015	$	566

Provisions made to adjust previous estimates		27
Payments and other		(130	)
Accretion of interest on obligations and other		3

Balance at February 27, 2016	$	466

Current portion included in other accrued liabilities	$	277
Long-term portion included in other long-term liabilities		189
	$	466

Note 12 - Commitments and Contingencies (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

	Retail Stores		Distribution Centers		Transportation Equipment		Total

Remainder of fiscal 2016	$	13,755	$	3,041	$	2,543	$	19,339
Fiscal 2017		17,167		3,984		2,672		23,823
Fiscal 2018		14,787		2,736		1,447		18,970
Fiscal 2019		12,906		1,745		1,420		16,071
Fiscal 2020		11,578		1,230		1,355		14,163
Fiscal 2021		8,920		1,254		781		10,955
Thereafter		19,347		3,023		668		23,038
Total future minimum lease payments	$	98,460	$	17,013	$	10,886	$	126,359

Note 13 - Earnings Per Share (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Net Income		Weighted Average Shares		Net Income Per Share
For the quarter ended February 27, 2016:

Basic earnings per share	$	3,234		10,780,229	$	0.30
Add effect of dilutive securities: Options and restricted shares		-		104,327		-
Diluted earnings per share	$	3,234		10,884,556	$	0.30

For the quarter ended February 28, 2015:

Basic earnings per share	$	5,956		10,480,656	$	0.57
Add effect of dilutive securities: Options and restricted shares		-		175,856		(0.01	)
Diluted earnings per share	$	5,956		10,656,512	$	0.56

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Quarter Ended
	February 27, 2016		February 28, 2015

Unvested shares		2,000		46,000

Note 14 - Segment Information (Tables)

3 Months Ended

Feb. 27, 2016

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Quarter Ended
	February 27, 2016			February 28, 2015
Sales Revenue
Wholesale	$	59,576		$	58,805
Retail - Company-owned stores		61,595			57,183
Logistical services		24,679			5,999
Inter-company eliminations:
Furniture and accessories		(28,769	)		(26,440	)
Logistical services		(10,208	)		(2,740	)
Consolidated	$	106,873		$	92,807

Income (loss) from Operations
Wholesale	$	4,398		$	2,927
Retail - Company-owned stores		316			(42	)
Logistical services		744			(8	)
Inter-company elimination		333			525
Lease exit costs		-			(419	)
Asset impairment charges		-			(106	)
Consolidated	$	5,791		$	2,877

Depreciation and Amortization
Wholesale	$	456		$	534
Retail - Company-owned stores		1,531			1,355
Logistical services		830			257
Consolidated	$	2,817		$	2,146

Capital Expenditures
Wholesale	$	1,537		$	961
Retail - Company-owned stores		2,021			2,111
Logistical services		5,010			846
Consolidated	$	8,568		$	3,918

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Identifiable Assets	As of February 27, 2016		As of November 28, 2015
Wholesale	$	132,623	$	146,878
Retail - Company-owned stores		91,548		88,878
Logistical services		49,483		46,787
Consolidated	$	273,654	$	282,543

Note 1 - Basis of Presentation (Details Textual) - Zenith Freight Lines [Member]	Feb. 02, 2015	Feb. 01, 2015
Equity Method Investment, Ownership Percentage		49.00%
Business Acquisition, Percentage of Voting Interests Acquired	51.00%

Note 3 - Business Combination - Acquisition of Zenith (Details Textual) $ / shares in Units, $ in Thousands		2 Months Ended	3 Months Ended		12 Months Ended
	Feb. 02, 2015 USD ($)	Feb. 01, 2015 USD ($)	Feb. 27, 2016 USD ($)	Feb. 28, 2015 USD ($) $ / shares	Nov. 28, 2015 USD ($)
Zenith Freight Lines [Member] \| Long-term Debt [Member]
Debt Instrument, Periodic Payment	$ 3,000
Zenith Freight Lines [Member]
Equity Method Investment, Ownership Percentage		49.00%
Business Acquisition, Percentage of Voting Interests Acquired	51.00%
Business Combination, Consideration Transferred	$ 19,111			$ 19,111
Debt Instrument, Periodic Payment, Number of Installments	3
Equity Method Investments, Carrying Value Prior to Step Acquisition Remeasurement		$ 9,480
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value				$ 16,692
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain					$ 7,212
Basic Earnings Per Share Adjustment \| $ / shares				$ 0.42
Business Acquisition, Goodwill, Expected Tax Deductible Amount					$ 6,982
Business Combination, Acquisition Related Costs				$ 121
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual			$ 14,471	3,259
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual			695	(20)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain				$ 7,212

Note 3 - Fair Value of Acquired Business (Details) - Zenith Freight Lines [Member] $ in Thousands	3 Months Ended
	Feb. 28, 2015 USD ($)
Cash	$ 9,000
Bassett common stock, 89,485 shares, par value $5.00 per share, fair value at closing $18.72 per share	1,675
Note payable	8,436
Total fair value of consideration transferred to seller	19,111
Less effective settlement of previous amounts payable to Zenith at acquisition	(3,622)
Total fair value of consideration net of effective settlement	15,489
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value	16,692
Total fair value of acquired business	$ 32,181

Note 3 - Allocation of Fair Value of the Acquired Business (Details) $ in Thousands	Feb. 02, 2015 USD ($)
Zenith Freight Lines [Member]
Acquired cash and cash equivalents	$ 1,677
Accounts receivable, net	3,399
Prepaid expenses and other current assets	496
Property and equipment	18,110
Other long-term assets	646
Intangible assets	6,362
Total identifiable assets acquired	30,690
Accounts payable and accrued liabilities	(4,038)
Notes payable	(4,329)
Total liabilities assumed	(8,367)
Net identifiable assets acquired	22,323
Goodwill	9,858
Total net assets acquired	$ 32,181

Note 3 - Acquired Identifiable Intangible Assets (Details) - Zenith Freight Lines [Member] $ in Thousands	3 Months Ended
	Feb. 28, 2015 USD ($)
Customer Relationships [Member]
Useful Life In Years	15 years
Fair Value	$ 3,038
Technology-Based Intangible Assets [Member]
Useful Life In Years	7 years
Fair Value	$ 834
Trade Names [Member]
Fair Value	2,490
Fair Value	$ 6,362

Note 4 - Financial Instruments, Investments and Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Nov. 28, 2015
Maximum [Member]
Certificates of Deposit Terms	1 year
Interest Rate of Certificates of Deposit	1.00%
Minimum [Member]
Interest Rate of Certificates of Deposit	0.28%
Weighted Average [Member]
Interest Rate of Certificates of Deposit	0.42%
Short-term Investments	$ 23,125	$ 23,125

Note 5 - Accounts Receivable (Details Textual) - Licensees [Member]	3 Months Ended	12 Months Ended
	Feb. 27, 2015	Nov. 28, 2015
Accounts Receivable [Member]
Concentration Risk, Percentage	35.00%	34.00%
Allowance for Doubtful Accounts Receivable [Member]
Concentration Risk, Percentage	33.00%	32.00%

Note 5 - Accounts Receivable (Details) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Gross accounts receivable	$ 20,863	$ 22,372
Allowance for doubtful accounts	(1,122)	(1,175)
Accounts receivable, net	$ 19,741	$ 21,197

Note 5 - Activity in Allowance for Doubtful Accounts (Details) $ in Thousands	3 Months Ended
	Feb. 27, 2016 USD ($)
Balance at November 28, 2015	$ 1,175
Reductions credited to income	(50)
Write-offs and other reductions	(3)
Balance at February 27, 2016	$ 1,122

Note 6 - Inventories (Details) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Wholesale finished goods	$ 28,555	$ 31,253
Work in process	346	318
Raw materials and supplies	10,637	9,793
Retail merchandise	27,576	27,680
Total inventories on first-in, first-out method	67,114	69,044
LIFO adjustment	(7,864)	(7,751)
Reserve for excess and obsolete inventory	(1,711)	(1,397)
Inventory, net	$ 57,539	$ 59,896

Note 6 - Activity in Reserves for Excess Quantities and Obsolete Inventory by Segment (Details) $ in Thousands	3 Months Ended
	Feb. 27, 2016 USD ($)
Operating Segments [Member] \| Wholesale Segment [Member]
Balance at November 28, 2015	$ 1,087
Additions charged to expense	712
Write-offs	(429)
Balance at February 27, 2016	1,370
Operating Segments [Member] \| Retail Segment [Member]
Balance at November 28, 2015	310
Additions charged to expense	140
Write-offs	(109)
Balance at February 27, 2016	341
Balance at November 28, 2015	1,397
Additions charged to expense	852
Write-offs	(538)
Balance at February 27, 2016	$ 1,711

Note 7 - Goodwill and Other Intangible Assets (Details Textual) - USD ($)	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015	Nov. 28, 2015
Goodwill, Impaired, Accumulated Impairment Loss	$ 0		$ 0
Amortization of Intangible Assets	$ 81,000	$ 42,000

Note 7 - Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 27, 2016	Nov. 28, 2015
Customer Relationships [Member]
Intangibles subject to amortization, Gross Carrying Amount	$ 3,038	$ 3,038
Intangibles subject to amortization, Accumulated Amortization	(220)	(169)
Intangibles subject to amortization, Intangible Assets, Net	2,818	2,869
Technology-Based Intangible Assets [Member]
Intangibles subject to amortization, Gross Carrying Amount	834	834
Intangibles subject to amortization, Accumulated Amortization	(129)	(99)
Intangibles subject to amortization, Intangible Assets, Net	705	735
Intangibles subject to amortization, Gross Carrying Amount	3,872	3,872
Intangibles subject to amortization, Accumulated Amortization	(349)	(268)
Intangibles subject to amortization, Intangible Assets, Net	3,523	3,604
Trade names	2,490	2,490
Goodwill	11,588	11,588
Total goodwill and other intangible assets	17,950	17,950
Total goodwill and other intangible assets	$ 17,601	$ 17,682

Note 7 - Carrying Amount of Goodwill by Reportable Segment (Details) $ in Thousands	Feb. 27, 2016 USD ($)
Wholesale Segment [Member]
Goodwill	$ 4,839
Retail Segment [Member]
Goodwill	1,820
Logistical Services [Member]
Goodwill	4,929
Goodwill	$ 11,588

Note 8 - Unconsolidated Affiliated Companies (Details Textual) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended
	Feb. 02, 2015	Feb. 27, 2016	Feb. 28, 2015	Feb. 01, 2015
Zenith Freight Lines [Member]
Equity Method Investment, Ownership Percentage				49.00%
Income (Loss) from Equity Method Investments	$ 220
Investments in and Advances to Affiliates, at Fair Value, Gross Additions	1,345
Capital Contributions Made to Unconsolidated Affiliated Companies	2,745
Equity Method Investments	9,480
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain	$ 7,212
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain			$ 7,212

Note 9 - Notes Payable and Bank Credit Facility (Details Textual) $ in Thousands		3 Months Ended
	Feb. 02, 2015 USD ($)	Feb. 27, 2016 USD ($)	Feb. 28, 2015 USD ($)	Feb. 02, 2016	Dec. 05, 2015 USD ($)	Nov. 28, 2015 USD ($)
Zenith Freight Lines [Member] \| Unsecured Debt [Member]
Debt Instrument, Face Amount	$ 9,000
Debt Instrument, Number of Annual Payments	3
Debt Instrument, Periodic Payment	$ 3,000
Debt Instrument, Interest Rate, Stated Percentage	0.62%			1.14%
Amortization of Debt Discount (Premium)		$ 66	$ 24
Debt Instrument, Carrying Amount, Current		$ 2,825				$ 2,796
Transportation Equipment Notes Payable [Member] \| Minimum [Member]
Debt Instrument, Interest Rate, Stated Percentage		2.60%
Debt Instrument, Term		1 year 90 days
Transportation Equipment Notes Payable [Member] \| Maximum [Member]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Debt Instrument, Term		3 years 270 days
Transportation Equipment Notes Payable [Member]
Long-term Debt		$ 5,112				2,152
Secured Debt, Current		1,514				901
Debt Instrument, Collateral Amount		6,552				3,796
Real Estate Notes Payable Operated in Retail Segment [Member] \| Financed Through Commercial Mortgages [Member]
Debt Instrument, Collateral Amount		5,959				$ 5,993
Real Estate Notes Payable Operated in Retail Segment [Member]
Debt Instrument, Interest Rate, Stated Percentage						6.73%
Long-term Debt		1,623				$ 1,709
Secured Debt, Current		$ 357				351
Real Estate Notes Payable Operated in Logistical Services Segment [Member]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Debt Instrument, Collateral Amount		$ 6,191				6,226
Secured Debt		1,159				1,224
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid		1,004
Bank One [Member]
Line of Credit Facility, Maximum Borrowing Capacity					$ 15,000
Letters of Credit Outstanding, Amount		1,970
Line of Credit Facility, Remaining Borrowing Capacity		13,030
Bank Two [Member]
Letters of Credit Outstanding, Amount		356
Debt Instrument, Carrying Amount, Current		6,030				5,477
Long-term Debt		$ 13,648				$ 13,773

Note 9 - Real Estate Notes Payable and Bank Debt (Details) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Zenith Note Payable [Member]
Principal Balance	$ 6,000	$ 9,000
Unamortized Discount	(246)	(312)
Long-term Debt	5,754	8,688
Transportation Equipment Notes Payable [Member]
Principal Balance	5,112	2,152
Long-term Debt	5,112	2,152
Real Estate Notes Payable [Member]
Principal Balance	2,782	2,933
Long-term Debt	2,782	2,933
Principal Balance	13,894	14,085
Unamortized Discount	(246)	(312)
Long-term Debt	13,648	13,773
Principal Balance, less current portion	(6,030)	(5,477)
Unamortized discount, less current portion	175	204
Net Carrying Amount, less current portion	(5,855)	(5,273)
Long-term Debt	7,864	8,608
Long-term Debt	(71)	(108)
Long-term Debt	$ 7,793	$ 8,500

Note 9 - Maturities of Notes Payable (Details) $ in Thousands	Feb. 27, 2016 USD ($)
Remainder of fiscal 2016	$ 2,534
Fiscal 2017	4,809
Fiscal 2018	4,515
Fiscal 2019	1,509
Fiscal 2020	527
Total repayments of principal	$ 13,894

Note 10 - Post Employment Benefit Obligations (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015	Nov. 28, 2015
Supplemental Employee Retirement Plan [Member]
Postemployment Benefits Liability	$ 11,683		$ 11,678
Postemployment Benefits Liability, Noncurrent	10,934		10,929
Unfunded Deferred Compensation Plan [Member]
Pension Expense	57	$ 54
Postemployment Benefits Liability, Noncurrent	2,060		2,085
Postemployment Benefits Liability, Noncurrent	$ 12,674		$ 12,694

Note 10 - Pension Liability (Details) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Supplemental Employee Retirement Plan [Member]
Accrued compensation and benefits	$ 749	$ 749
Postemployment Benefits Liability, Noncurrent	10,934	10,929
Postemployment Benefits Liability	11,683	11,678
Unfunded Deferred Compensation Plan [Member]
Accrued compensation and benefits	320	320
Postemployment Benefits Liability, Noncurrent	1,740	1,765
Postemployment Benefits Liability	2,060	2,085
Postemployment Benefits Liability, Noncurrent	$ 12,674	$ 12,694

Note 10 - Components of Net Periodic Pension Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Service cost	$ 36	$ 26
Interest cost	106	94
Amortization of transition obligation	11	11
Amortization of loss	81	48
Net periodic pension cost	$ 234	$ 179

Note 11 - Impairment Charges and Accrued Lease Exit Costs (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Leasehold Improvements [Member]
Gain (Loss) on Contract Termination		$ 419
Asset Impairment Charges		106
Gain (Loss) on Contract Termination		(419)
Asset Impairment Charges		$ 106

Note 11 - Activity Related to Accrued Lease Exit Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 27, 2016
Balance at November 28, 2015	$ 566
Provisions made to adjust previous estimates	27
Payments and other	(130)
Accretion of interest on obligations and other	3
Balance at February 27, 2016	466
Current portion included in other accrued liabilities		$ 277
Long-term portion included in other long-term liabilities		189
	$ 566	$ 466

Note 12 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Nov. 28, 2015
Minimum [Member] \| Transportation Equipment [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	2 years
Minimum [Member]
Operating Lease, Lease Term	1 year
Renewal Term On Operating Lease	5 years
Lease Guarantees Term	1 year
Maximum [Member] \| Transportation Equipment [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	7 years
Maximum [Member]
Operating Lease, Lease Term	15 years
Renewal Term On Operating Lease	15 years
Lease Guarantees Term	10 years
Lease Obligations of Licensee Operators [Member]
Loss Contingency, Estimate of Possible Loss	$ 2,386	$ 2,494

Note 12 - Future Minimum Lease Payments under the Non-Cancellable Operating Leases (Details) $ in Thousands	Feb. 27, 2016 USD ($)
Retail Stores [Member]
Remainder of fiscal 2016	$ 13,755
Fiscal 2017	17,167
Fiscal 2018	14,787
Fiscal 2019	12,906
Fiscal 2020	11,578
Fiscal 2021	8,920
Thereafter	19,347
Total future minimum lease payments	98,460
Distribution Centers [Member]
Remainder of fiscal 2016	3,041
Fiscal 2017	3,984
Fiscal 2018	2,736
Fiscal 2019	1,745
Fiscal 2020	1,230
Fiscal 2021	1,254
Thereafter	3,023
Total future minimum lease payments	17,013
Transportation Equipment Leases [Member]
Remainder of fiscal 2016	2,543
Fiscal 2017	2,672
Fiscal 2018	1,447
Fiscal 2019	1,420
Fiscal 2020	1,355
Fiscal 2021	781
Thereafter	668
Total future minimum lease payments	10,886
Remainder of fiscal 2016	19,339
Fiscal 2017	23,823
Fiscal 2018	18,970
Fiscal 2019	16,071
Fiscal 2020	14,163
Fiscal 2021	10,955
Thereafter	23,038
Total future minimum lease payments	$ 126,359

Note 13 - Reconciliation of Basic and Diluted Loss Per Share (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Basic earnings per share	$ 3,234	$ 5,956
Basic earnings per share (in shares)	10,780,229	10,480,656
Basic earnings per share (in dollars per share)	$ 0.30	$ 0.57
Add effect of dilutive securities: Options and restricted shares (in shares)	104,327	175,856
Diluted earnings per share	$ 3,234	$ 5,956
Diluted earnings per share (in shares)	10,884,556	10,656,512
Diluted earnings per share (in dollars per share)	$ 0.30	$ 0.56
Add effect of dilutive securities: Options and restricted shares (in dollars per share)		$ (0.01)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

Note 13 - Antidilutive Securities (Details) - shares	3 Months Ended
Note 13 - Antidilutive Securities (Details) - shares	Feb. 27, 2016	Feb. 28, 2015
Restricted Stock [Member]
Unvested shares (in shares)	2,000	46,000

Note 14 - Segment Information (Details Textual) $ in Thousands	3 Months Ended
	Feb. 27, 2016 USD ($)	Feb. 28, 2015 USD ($)
Zenith Freight Lines [Member]
Business Combination, Pro Forma Information Operating Costs of Acquiree Since Acquisition Date, Actual	$ 23,934	$ 6,007
Number of Reportable Segments	3

Note 14 - Segment Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 27, 2016	Feb. 28, 2015
Operating Segments [Member] \| Wholesale Segment [Member] \| Non-cash Change in Accounts Payable Related to Property, Plant, and Equipment [Member]
Capital expenditures	$ 1,537	$ 961
Operating Segments [Member] \| Wholesale Segment [Member]
Sales revenue	59,576	58,805
Income (loss) from Operations	4,398	2,927
Depreciation and amortization	456	534
Operating Segments [Member] \| Company-owned Retail Stores [Member] \| Non-cash Change in Accounts Payable Related to Property, Plant, and Equipment [Member]
Capital expenditures	2,021	2,111
Operating Segments [Member] \| Company-owned Retail Stores [Member]
Sales revenue	61,595	57,183
Income (loss) from Operations	316	(42)
Depreciation and amortization	1,531	1,355
Operating Segments [Member] \| Logistical Services [Member] \| Non-cash Change in Accounts Payable Related to Property, Plant, and Equipment [Member]
Capital expenditures	5,010	846
Operating Segments [Member] \| Logistical Services [Member]
Sales revenue	24,679	5,999
Income (loss) from Operations	744	(8)
Depreciation and amortization	830	257
Intersegment Eliminations [Member] \| Logistical Services [Member]
Sales revenue	(10,208)	(2,740)
Intersegment Eliminations [Member] \| Furniture and Accessories [Member]
Sales revenue	(28,769)	(26,440)
Intersegment Eliminations [Member]
Income (loss) from Operations	333	525
Non-cash Change in Accounts Payable Related to Property, Plant, and Equipment [Member]
Capital expenditures	8,568	3,918
Sales revenue	106,873	92,807
Income (loss) from Operations	5,791	2,877
Lease exit costs		(419)
Asset impairment charges		(106)
Depreciation and amortization	$ 2,817	$ 2,146

Note 14 - Segment Information - Identifiable Assets (Details) - USD ($) $ in Thousands	Feb. 27, 2016	Nov. 28, 2015
Operating Segments [Member] \| Wholesale Segment [Member]
Identifiable assets	$ 132,623	$ 146,878
Operating Segments [Member] \| Company-owned Retail Stores [Member]
Identifiable assets	91,548	88,878
Operating Segments [Member] \| Logistical Services [Member]
Identifiable assets	49,483	46,787
Identifiable assets	$ 273,654	$ 282,543