v3.25.4

Note 19 - Revenue Recognition | 12 Months Ended
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Nov. 29, 2025
Notes to Financial Statements |
Revenue from Contract with Customer [Text Block] |
19. | Revenue Recognition
Disaggregated revenue information for sales of furniture and accessories by product category for fiscal years 2025, 2024 and 2023, excluding intercompany transactions between our segments, is as follows:
|  | 2025 |  |  | 2024 |  |  | 2023 |
|  | Wholesale |  |  | Retail |  |  | Corporate & Other |  |  | Total |  |  | Wholesale |  |  | Retail |  |  | Corporate & Other (2) |  |  | Total |  |  | Wholesale |  |  | Retail |  |  | Corporate & Other (2) |  |  | Total |
Bassett Custom Upholstery |  | $ | 76,923 |  |  | $ | 117,231 |  |  | $ | - |  |  | $ | 194,154 |  |  | $ | 79,281 |  |  | $ | 111,943 |  |  | $ | - |  |  | $ | 191,224 |  |  | $ | 89,005 |  |  | $ | 134,000 |  |  | $ | - |  |  | $ | 223,005 |
Bassett Leather |  |  | 16,484 |  |  |  | 9,121 |  |  |  | - |  |  |  | 25,605 |  |  |  | 15,705 |  |  |  | 4,990 |  |  |  | - |  |  |  | 20,695 |  |  |  | 26,701 |  |  |  | 1,951 |  |  |  | - |  |  |  | 28,652 |
Bassett Custom Wood |  |  | 12,357 |  |  |  | 31,885 |  |  |  | - |  |  |  | 44,242 |  |  |  | 13,735 |  |  |  | 32,201 |  |  |  | - |  |  |  | 45,936 |  |  |  | 17,357 |  |  |  | 36,732 |  |  |  | - |  |  |  | 54,089 |
Bassett Casegoods |  |  | 12,835 |  |  |  | 29,218 |  |  |  | - |  |  |  | 42,053 |  |  |  | 11,720 |  |  |  | 26,179 |  |  |  | - |  |  |  | 37,899 |  |  |  | 12,329 |  |  |  | 32,252 |  |  |  | - |  |  |  | 44,581 |
Accessories, mattresses and other (1) |  |  | - |  |  |  | 29,226 |  |  |  | - |  |  |  | 29,226 |  |  |  | - |  |  |  | 29,250 |  |  |  | 4,919 |  |  |  | 34,169 |  |  |  | - |  |  |  | 31,005 |  |  |  | 8,804 |  |  |  | 39,809 |
Consolidated Furniture and Accessories revenue |  | $ | 118,599 |  |  | $ | 216,681 |  |  | $ | - |  |  | $ | 335,280 |  |  | $ | 120,441 |  |  | $ | 204,563 |  |  | $ | 4,919 |  |  | $ | 329,923 |  |  | $ | 145,392 |  |  | $ | 235,940 |  |  | $ | 8,804 |  |  | $ | 390,136 |
| (1) | Includes the sale of goods other than Bassett-branded products, such as accessories and bedding, and also includes the sale of furniture protection plans.
| (2) | For fiscal 2023 and 2024, Corporate and other reconciling category includes the sales of Noa Home, which was acquired on September 2, 2022 and closed at the end of fiscal 2024 following the decision in the second quarter of fiscal 2024 to cease operations and liquidate the remaining inventory.

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