v3.25.4

Note 6 - Property and Equipment | 12 Months Ended
--- | ---
Nov. 29, 2025
Notes to Financial Statements |
Property, Plant and Equipment Disclosure [Text Block] |
6. | Property and Equipment, Net
Property and equipment consist of the following:
|  | November 29, 2025 |  |  | November 30, 2024 |
Land |  | $ | 10,866 |  |  | $ | 10,866 |
Buildings and leasehold improvements |  |  | 122,688 |  |  |  | 124,305 |
Machinery and equipment |  |  | 106,318 |  |  |  | 105,667 |
Property and equipment at cost |  |  | 239,872 |  |  |  | 240,838 |
Less accumulated depreciation |  |  | (166,697 | ) |  |  | (163,791 | )
Property and equipment, net |  | $ | 73,175 |  |  | $ | 77,047 |
The net book value of our property and equipment by reportable segment is a follows:
|  | November 29, 2025 |  |  | November 30, 2024 |
Wholesale |  | $ | 21,019 |  |  | $ | 21,659 |
Retail |  |  | 39,455 |  |  |  | 40,756 |
Corporate and other |  |  | 12,701 |  |  |  | 14,632 |
Total property and equipment, net |  | $ | 73,175 |  |  | $ | 77,047 |
Depreciation expense associated with the property and equipment shown above was included in income (loss) from operations in our consolidated statements of operations as follows:
|  | 2025 |  |  | 2024 |  |  | 2023 |
Cost of goods sold (wholesale segment) |  | $ | 1,995 |  |  | $ | 2,106 |  |  | $ | 2,124 |
Selling, general and administrative expenses: |  |  |  |  |  |  |  |  |  |  |  |
Wholesale segment |  |  | 265 |  |  |  | 261 |  |  |  | 274 |
Retail segment |  |  | 3,884 |  |  |  | 4,849 |  |  |  | 5,502 |
Corporate and Other |  |  | 2,599 |  |  |  | 2,644 |  |  |  | 2,184 |
Total included in selling, general and administrative expenses |  |  | 6,748 |  |  |  | 7,754 |  |  |  | 7,960 |
Total depreciation expense included in income from operations |  | $ | 8,743 |  |  | $ | 9,860 |  |  | $ | 10,084 |

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