v3.23.1
Note 15 - Changes to Stockholders' Equity
3 Months Ended
Feb. 25, 2023
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]

15. Changes to Stockholders Equity

 

The following changes in our stockholders’ equity occurred during the three months ended February 25, 2023 and February 26, 2022:

 

   

Quarter Ended

 
                 
   

February 25, 2023

   

February 26, 2022

 
Common Stock:                
                 

Beginning of period

  $ 44,759     $ 48,811  

Issuance of common stock

    92       54  

Purchase and retirement of common stock

    (540 )     (225 )
                 

End of period

  $ 44,311     $ 48,640  
                 
Common Shares Issued and Outstanding:                
                 

Beginning of period

    8,951,839       9,762,125  

Issuance of common stock

    18,381       10,796  

Purchase and retirement of common stock

    (108,083 )     (44,989 )
                 

End of period

    8,862,137       9,727,932  
                 
Additional Paid-in Capital:                
                 

Beginning of period

  $ -     $ 113  

Issuance of common stock

    (12 )     39  

Purchase and retirement of common stock

    (200 )     (267 )

Stock based compensation

    212       115  
                 

End of period

  $ -     $ -  
                 
Retained Earnings:                
                 

Beginning of period

  $ 150,800     $ 115,631  

Net income for the period

    1,445       5,573  

Purchase and retirement of common stock

    (1,213 )     (273 )

Cash dividends declared

    (1,421 )     (1,374 )
                 

End of period

  $ 149,611     $ 119,557  
                 
Accumulated Other Comprehensive Loss:                
                 

Beginning of period

  $ 50     $ (1,823 )

Cumulative translation adjustments, net of tax

    (136 )     -  

Amortization of pension costs, net of tax

    24       49  
                 

End of period

  $ (62 )   $ (1,774 )

 

The balance of cumulative translation adjustments, net of tax, was a net loss of $340 and $204 at February 25, 2023 and November 26, 2022, respectively.