Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.6.0.2
Property and Equipment (Tables)
12 Months Ended
Nov. 30, 2016
Property, Plant and Equipment [Abstract]  
Schedule of components of property and equipment Depreciation and amortization are provided utilizing the straight-line method over the following estimated useful lives or lease terms of the assets, whichever is shorter:  
Machinery and equipment
5-7 Years
Furniture and fixtures
3-10 Years
Tools, dies and masters
3 Years
Transportation equipment
5 Years
Leasehold improvements
Shorter of the asset life or remaining life of the lease (3 years 8 months)
The components of property and equipment consisted of the following:
 
 
November 30,
2016
 
November 30,
2015
Furniture and equipment
 
559,971

 
459,786

Tools, dies and masters
 
469,652

 
462,542

Capitalized lease obligations
 
15,286

 
15,286

Leasehold improvements
 
35,017

 
35,017

 
 
$
1,079,926

 
$
972,631

Less: Accumulated depreciation
 
844,723

 
767,597

Property and Equipment—Net
 
$
235,203

 
$
205,034