H.B. Fuller (FUL) 10-Q 23 Sep 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Aug. 28, 2021	Sep. 17, 2021
Document Information [Line Items]
Entity Central Index Key	0000039368
Entity Registrant Name	FULLER H B CO
Amendment Flag	false
Current Fiscal Year End Date	--11-27
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 28, 2021
Document Transition Report	false
Entity File Number	001-09225
Entity Incorporation, State or Country Code	MN
Entity Tax Identification Number	41-0268370
Entity Address, Postal Zip Code	55110-5101
Entity Address, Address Line One	1200 Willow Lake Boulevard
Entity Address, City or Town	St. Paul
Entity Address, State or Province	MN
City Area Code	651
Local Phone Number	236-5900
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	FUL
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		52,554,053

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Net revenue	$ 826,830	$ 691,463	$ 2,380,607	$ 2,012,629
Cost of sales	(632,880)	(503,619)	(1,776,744)	(1,469,622)
Gross profit	193,950	187,844	603,863	543,007
Selling, general and administrative expenses	(134,497)	(129,113)	(426,921)	(398,620)
Other income, net	6,150	3,722	25,899	11,740
Interest expense	(19,396)	(20,196)	(59,699)	(64,597)
Interest income	2,520	2,945	7,709	8,761
Income before income taxes and income from equity method investments	48,727	45,202	150,851	100,291
Income taxes	(19,095)	(5,112)	(46,362)	(22,194)
Income from equity method investments	1,998	1,541	6,071	5,068
Net income including non-controlling interest	31,630	41,631	110,560	83,165
Net income attributable to non-controlling interest	(14)	(24)	(51)	(50)
Net income attributable to H.B. Fuller	$ 31,616	$ 41,607	$ 110,509	$ 83,115
Earnings per share attributable to H.B. Fuller common stockholders:
Basic (in dollars per share)	$ 0.60	$ 0.80	$ 2.09	$ 1.60
Diluted (in dollars per share)	$ 0.58	$ 0.79	$ 2.04	$ 1.59
Weighted-average common shares outstanding:
Basic (in shares)	53,049	52,130	52,794	51,959
Diluted (in shares)	54,646	52,591	54,093	52,400
Dividends declared per common share (in dollars per share)	$ 0.168	$ 0.163	$ 0.498	$ 0.485

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Net income including non-controlling interest	$ 31,630	$ 41,631	$ 110,560	$ 83,165
Foreign currency translation	(32,006)	46,711	46,655	14,008
Defined benefit pension plans adjustment, net of tax	1,375	2,078	4,121	6,234
Interest rate swaps, net of tax	3,830	4,125	11,574	(14,757)
Cross-currency swaps, net of tax	(1,289)	(2,314)	(3,576)	8,208
Other comprehensive (loss) income	(28,090)	50,600	58,774	13,693
Comprehensive income	3,540	92,231	169,334	96,858
Less: Comprehensive (loss) income attributable to non-controlling interest	(13)	46	26	75
Comprehensive income attributable to H.B. Fuller	$ 3,553	$ 92,185	$ 169,308	$ 96,783

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Current assets:
Cash and cash equivalents	$ 68,134	$ 100,534
Trade receivables (net of allowances of $9,139 and $12,905, as of August 28, 2021 and November 28, 2020, respectively)	572,855	514,916
Inventories	462,635	323,213
Other current assets	100,834	81,113
Total current assets	1,204,458	1,019,776
Property, plant and equipment	1,476,158	1,428,183
Accumulated depreciation	(800,266)	(757,439)
Property, plant and equipment, net	675,892	670,744
Goodwill	1,313,824	1,312,003
Other intangibles, net	710,127	755,968
Other assets	353,971	278,213
Total assets	4,258,272	4,036,704
Current liabilities:
Notes payable	27,313	16,925
Trade payables	485,796	316,460
Accrued compensation	82,129	83,598
Income taxes payable	32,079	29,173
Other accrued expenses	82,417	83,976
Total current liabilities	709,734	530,132
Long-term debt	1,636,694	1,756,985
Accrued pension liabilities	86,954	88,806
Other liabilities	257,034	278,919
Total liabilities	2,690,416	2,654,842
Commitments and contingencies (Note 12)
H.B. Fuller stockholders' equity:
Preferred stock (no shares outstanding) shares authorized – 10,045,900	0	0
Common stock, par value $1.00 per share, shares authorized – 160,000,000, shares outstanding – 52,549,798 and 51,906,663, as of August 28, 2021 and November 28, 2020, respectively	52,550	51,907
Additional paid-in capital	200,180	157,867
Retained earnings	1,558,619	1,474,406
Accumulated other comprehensive loss	(244,060)	(302,859)
Total H.B. Fuller stockholders' equity	1,567,289	1,381,321
Non-controlling interest	567	541
Total equity	1,567,856	1,381,862
Total liabilities, non-controlling interest and total equity	$ 4,258,272	$ 4,036,704

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Trade receivables, allowances	$ 9,139	$ 12,905
Preferred stock, shares authorized (in shares)	10,045,900	10,045,900
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	160,000,000	160,000,000
Common stock, shares outstanding (in shares)	52,549,798	51,906,663

Consolidated Statements of Tota

Consolidated Statements of Total Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Nov. 30, 2019	$ 51,241	$ 130,295	$ 1,384,411	$ (343,600)	$ 442	$ 1,222,789
Comprehensive income	0	0	9,895	(5,049)	10	4,856
Dividends	0	0	(8,313)	0	0	(8,313)
Stock option exercises	26	881	0	0	0	907
Share-based compensation plans and other, net	206	4,821	0	0	0	5,027
Repurchases of common stock	(66)	(3,146)	0	0	0	(3,212)
Balance at Feb. 29, 2020	51,407	132,851	1,385,993	(348,649)	452	1,222,054
Balance at Nov. 30, 2019	51,241	130,295	1,384,411	(343,600)	442	1,222,789
Comprehensive income						96,858
Balance at Aug. 29, 2020	51,726	149,305	1,442,292	(329,932)	517	1,313,908
Balance at Feb. 29, 2020	51,407	132,851	1,385,993	(348,649)	452	1,222,054
Comprehensive income	0	0	31,613	(31,861)	19	(229)
Dividends	0	0	(8,448)	0	0	(8,448)
Stock option exercises	24	626	0	0	0	650
Share-based compensation plans and other, net	121	4,730	0	0	0	4,851
Repurchases of common stock	(1)	(32)	0	0	0	(33)
Balance at May. 30, 2020	51,551	138,175	1,409,158	(380,510)	471	1,218,845
Comprehensive income	0	0	41,607	50,578	46	92,231
Dividends	0	0	(8,473)	0	0	(8,473)
Stock option exercises	174	4,832	0	0	0	5,006
Share-based compensation plans and other, net	3	6,391	0	0	0	6,394
Repurchases of common stock	(2)	(93)	0	0	0	(95)
Balance at Aug. 29, 2020	51,726	149,305	1,442,292	(329,932)	517	1,313,908
Balance at Nov. 28, 2020	51,907	157,867	1,474,406	(302,859)	541	1,381,862
Comprehensive income	0	0	29,791	27,656	5	57,452
Dividends	0	0	(8,542)	0	0	(8,542)
Stock option exercises	147	6,251	0	0	0	6,398
Share-based compensation plans and other, net	150	7,423	0	0	0	7,573
Repurchases of common stock	(49)	(2,531)	0	0	0	(2,580)
Balance at Feb. 27, 2021	52,155	169,010	1,495,655	(275,203)	546	1,442,163
Balance at Nov. 28, 2020	51,907	157,867	1,474,406	(302,859)	541	1,381,862
Comprehensive income						169,334
Balance at Aug. 28, 2021	52,550	200,180	1,558,619	(244,060)	567	1,567,856
Balance at Feb. 27, 2021	52,155	169,010	1,495,655	(275,203)	546	1,442,163
Comprehensive income	0	0	49,102	59,206	34	108,342
Dividends	0	0	(8,870)	0	0	(8,870)
Stock option exercises	318	13,887	0	0	0	14,205
Share-based compensation plans and other, net	27	7,393	0	0	0	7,420
Repurchases of common stock	(1)	(47)	0	0	0	(48)
Balance at May. 29, 2021	52,499	190,243	1,535,887	(215,997)	580	1,563,212
Comprehensive income	0	0	31,616	(28,063)	(13)	3,540
Dividends	0	0	(8,884)	0	0	(8,884)
Stock option exercises	49	1,401	0	0	0	1,450
Share-based compensation plans and other, net	3	8,575	0	0	0	8,578
Repurchases of common stock	(1)	(39)	0	0	0	(40)
Balance at Aug. 28, 2021	$ 52,550	$ 200,180	$ 1,558,619	$ (244,060)	$ 567	$ 1,567,856

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020
Cash flows from operating activities:
Net income including non-controlling interest	$ 110,560	$ 83,165
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:
Depreciation	54,158	50,558
Amortization	53,464	52,943
Deferred income taxes	(1,547)	(10,952)
Income from equity method investments, net of dividends received	4,363	2,660
Loss on sale or disposal of assets	641	118
Share-based compensation	19,400	14,087
Pension and other post-retirement benefit plan activity	(23,192)	(5,954)
Trade receivables, net	(61,900)	17,307
Inventories	(141,112)	(17,195)
Other assets	(26,060)	31,372
Trade payables	176,210	(9,449)
Accrued compensation	(1,283)	(12,345)
Other accrued expenses	(2,292)	8,776
Income taxes payable	(1,001)	(330)
Other liabilities	53,498	(20,481)
Other	52,221	(32,872)
Net cash provided by operating activities	161,134	193,030
Cash flows from investing activities:
Purchased property, plant and equipment	(77,237)	(71,939)
Purchased businesses, net of cash acquired	(5,445)	(9,500)
Purchase of assets	0	(5,623)
Proceeds from sale of property, plant and equipment	2,751	1,407
Cash received from government grant	5,800	0
Cash payments related to government grant	(1,526)	(5,326)
Net cash used in investing activities	(75,657)	(90,981)
Cash flows from financing activities:
Repayment of long-term debt	(118,000)	(128,000)
Net proceeds of notes payable	9,846	8,422
Dividends paid	(26,045)	(24,970)
Contingent consideration payment	0	(767)
Proceeds from stock options exercised	22,053	6,567
Repurchases of common stock	(2,668)	(3,342)
Net cash used in financing activities	(114,814)	(142,090)
Effect of exchange rate changes on cash and cash equivalents	(3,063)	2,772
Net change in cash and cash equivalents	(32,400)	(37,269)
Cash and cash equivalents at beginning of period	100,534	112,191
Cash and cash equivalents at end of period	$ 68,134	$ 74,922

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	Note 1: Overview The accompanying unaudited interim Consolidated Financial Statements of H.B. Fuller Company and Subsidiaries have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10 10 X. not not may The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosures at the date of the financial statements and during the reporting period. Actual results could differ from these estimates. These unaudited interim Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in our Annual Report on Form 10 November 28, 2020 Change in Accounting Principle - Credit Losses In June 2016, No. 2016 13, Financial Instruments - Credit Losses (Topic 326 No. 2018 19, Codification Improvements to Topic 326, November 2018, No. 2019 04, Codification Improvements to Topic 326, Financial Instruments, April 2019 No. 2019 11, Codification Improvements to Topic 326, November 2019. No. 2018 19 842, Leases. No. 2019 04 No. 2019 11 No. 2016 13. No. 2016 13 No. 2016 13. first February 27, 2021. not not Trade Receivables and Allowances Trade receivables are recorded at the invoiced amount and do not not New Accounting Pronouncements Recently issued accounting standards or pronouncements have been excluded as they are not

Note 2 - Acquisitions

Note 2 - Acquisitions	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 2: STR Holdings, Inc. On January 13, 2021, first August 28, 2021 11 not not D.H.M. Adhesives, Inc On February 3, 2020, November 27, 2021 December 3, 2022. May 30, 2020 11 not not

Note 3 - Restructuring Actions

Note 3 - Restructuring Actions	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	Note 3: The Company has approved restructuring plans consisting of consolidation plans, organizational changes and other actions related to the reorganization of our business into three Three Months Ended Nine Months Ended August 28, 2021 August 29, 2020 August 28, 2021 August 29, 2020 Cost of sales $ (5 ) $ 371 $ 288 $ 438 Selling, general and administrative (187 ) 618 1,159 984 $ (192 ) $ 989 $ 1,447 $ 1,422 The restructuring charges are all recorded in Corporate Unallocated for segment reporting. A summary of the restructuring liability is presented below: Employee-Related Other Total Balance at November 30, 2019 $ 9,830 $ 924 $ 10,754 Expenses incurred 2,898 1,681 4,579 Cash payments (7,051 ) (2,357 ) (9,408 ) Foreign currency translation 157 - 157 Balance at November 28, 2020 5,834 248 6,082 Expenses incurred (147 ) 1,594 1,447 Non-cash charges - (135 ) (135 ) Cash payments (3,767 ) (1,707 ) (5,474 ) Foreign currency translation (63 ) - (63 ) Balance at August 28, 2021 $ 1,857 $ - $ 1,857 Restructuring liabilities have been classified as a component of other accrued expenses in the Consolidated Balance Sheets.

Note 4 - Inventories

Note 4 - Inventories	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 4: The composition of inventories is as follows: August 28, November 28, 2021 2020 Raw materials $ 236,907 $ 151,026 Finished goods 225,728 172,187 Total inventories $ 462,635 $ 323,213

Note 5 - Goodwill and Other Int

Note 5 - Goodwill and Other Intangible Assets	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 5: The goodwill activity for the nine August 28, 2021 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Balance at November 28, 2020 $ 332,909 $ 667,863 $ 311,231 $ 1,312,003 Currency impact (753 ) 2,296 278 1,821 Balance at August 28, 2021 $ 332,156 $ 670,159 $ 311,509 $ 1,313,824 Balances of amortizable identifiable intangible assets, excluding goodwill and other non-amortizable intangible assets, are as follows: August 28, 2021 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 123,410 $ 939,671 $ 63,855 $ 11,388 $ 1,138,324 Accumulated amortization (60,404 ) (329,918 ) (32,938 ) (5,451 ) (428,711 ) Net identifiable intangibles $ 63,006 $ 609,753 $ 30,917 $ 5,937 $ 709,613 November 28, 2020 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 113,775 $ 933,943 $ 63,266 $ 11,410 $ 1,122,394 Accumulated amortization (53,216 ) (279,586 ) (29,368 ) (4,775 ) (366,945 ) Net identifiable intangibles $ 60,559 $ 654,357 $ 33,898 $ 6,635 $ 755,449 Amortization expense with respect to amortizable intangible assets was $17,815 and $17,485 for the three August 28, 2021 August 29, 2020 nine August 28, 2021 August 29, 2020 Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets for the next five Remainder Fiscal Year 2021 2022 2023 2024 2025 Thereafter Amortization expense $ 17,504 $ 69,534 $ 66,605 $ 61,578 $ 58,952 $ 435,440 Non-amortizable intangible assets as of August 28, 2021 November 28, 2020 $514 August 28, 2021 November 28, 2020

Note 6 - Components of Net Peri

Note 6 - Components of Net Periodic Benefit Related to Pension and Other Postretirement Benefit Plans	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 6: Three Months Ended August 28, 2021 and August 29, 2020 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic cost (benefit): 2021 2020 2021 2020 2021 2020 Service cost $ - $ - $ 824 $ 743 $ 5 $ 18 Interest cost 2,325 2,935 743 785 206 284 Expected return on assets (7,781 ) (6,439 ) (3,120 ) (2,812 ) (2,236 ) (1,994 ) Amortization: Prior service cost (benefit) (1 ) (1 ) 17 16 - - Actuarial loss 799 1,799 1,020 959 18 15 Net periodic benefit $ (4,658 ) $ (1,706 ) $ (516 ) $ (309 ) $ (2,007 ) $ (1,677 ) Nine Months Ended August 28, 2021 and August 29, 2020 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic cost (benefit): 2021 2020 2021 2020 2021 2020 Service cost $ - $ - $ 2,478 $ 2,184 $ 16 $ 55 Interest cost 6,974 8,803 2,215 2,348 616 851 Expected return on assets (23,342 ) (19,318 ) (9,301 ) (8,408 ) (6,708 ) (5,982 ) Amortization: Prior service cost (benefit) (2 ) (2 ) 51 48 - - Actuarial loss 2,398 5,397 3,059 2,839 55 46 Net periodic benefit $ (13,972 ) $ (5,120 ) $ (1,498 ) $ (989 ) $ (6,021 ) $ (5,030 ) Service cost is included with employee compensation cost in cost of sales and selling, general and administrative expenses in the Consolidated Statements of Income. The components of our net periodic defined benefit pension and postretirement benefit costs other than service cost are presented in other income, net in the Consolidated Statements of Income.

Note 7 - Accumulated Other Comp

Note 7 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Accumulated Other Comprehensive Income (Loss) Disclosure [Text Block]	Note 7: The following table provides details of total comprehensive income (loss): Three Months Ended August 28, 2021 Three Months Ended August 29, 2020 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pre-tax Tax Net Net Pre-tax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 31,616 $ 14 $ 41,607 $ 24 Foreign currency translation adjustment¹ $ (31,979 ) $ - (31,979 ) (27 ) $ 46,689 $ - 46,689 22 Defined benefit pension plans adjustment² 1,855 (480 ) 1,375 - 2,769 (691 ) 2,078 - Interest rate swap³ 5,074 (1,244 ) 3,830 - 5,455 (1,330 ) 4,125 - Cross currency swaps³ (1,309 ) 20 (1,289 ) - (2,387 ) 73 (2,314 ) - Other comprehensive income (loss) $ (26,359 ) $ (1,704 ) $ (28,063 ) $ (27 ) $ 52,526 $ (1,948 ) $ 50,578 $ 22 Comprehensive income (loss) $ 3,553 $ (13 ) $ 92,185 $ 46 Nine Months Ended August 28, 2021 Nine Months Ended August 29, 2020 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pretax Tax Net Net Pretax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 110,509 $ 51 $ 83,115 $ 50 Foreign currency translation adjustment¹ $ 46,680 $ - 46,680 (25 ) $ 13,983 $ - 13,983 25 Defined benefit pension plans adjustment² 5,561 (1,440 ) 4,121 - 8,306 (2,072 ) 6,234 - Interest rate swap³ 15,332 (3,758 ) 11,574 - (19,515 ) 4,758 (14,757 ) - Cross currency swaps³ (3,629 ) 53 (3,576 ) - 8,353 (145 ) 8,208 - Other comprehensive income (loss) $ 63,944 $ (5,145 ) $ 58,799 (25 ) $ 11,127 $ 2,541 13,668 25 Comprehensive income $ 169,308 $ 26 $ 96,783 $ 75 ¹ Income taxes are not ² Loss reclassified from accumulated other comprehensive income ("AOCI") into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales and SG&A expense. ³ Income (loss) reclassified from AOCI into earnings is reported in other income, net. The components of accumulated other comprehensive loss are as follows: August 28, 2021 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (59,435 ) $ (59,325 ) $ (110 ) Interest rate swap, net of taxes of $ 4,395 (13,529 ) (13,529 ) - Cash flow hedges, net of taxes of $( 68 4,393 4,393 - Defined benefit pension plans adjustment, net of taxes of $ 79,216 (157,258 ) (157,258 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (244,170 ) $ (244,060 ) $ (110 ) November 28, 2020 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (106,140 ) $ (106,005 ) $ (135 ) Interest rate swap, net of taxes of $ 8,639 (25,103 ) (25,103 ) - Cash flow hedges, net of taxes of $( 121 7,969 7,969 - Defined benefit pension plans adjustment, net of taxes of $ 80,656 (161,379 ) (161,379 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (302,994 ) $ (302,859 ) $ (135 )

Note 8 - Income Taxes

Note 8 - Income Taxes	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 8: Income tax expense for the three nine August 28, 2021 three nine August 28, 2021 Income tax expense for the three nine August 29, 2020 three nine August 29, 2020 As of August 28, 2021 November 28, 2020 August 28, 2021 November 28, 2020

Note 9 - Earnings Per Share

Note 9 - Earnings Per Share	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 9: A reconciliation of the common share components for the basic and diluted earnings per share calculations is as follows: Three Months Ended Nine Months Ended August 28, August 29, August 28, August 29, (Shares in thousands) 2021 2020 2021 2020 Weighted-average common shares - basic 53,049 52,130 52,794 51,959 Equivalent shares from share-based compensations plans 1,597 461 1,299 441 Weighted-average common and common equivalent shares diluted 54,646 52,591 54,093 52,400 Basic earnings per share is calculated by dividing net income attributable to H.B. Fuller by the weighted-average number of common shares outstanding during the applicable period. Diluted earnings per share is based upon the weighted-average number of common and common equivalent shares outstanding during the applicable period. The difference between basic and diluted earnings per share is attributable to share-based compensation awards. We use the treasury stock method to calculate the effect of outstanding shares, which computes total employee proceeds as the sum of (a) the amount the employee must pay upon exercise of the award and (b) the amount of unearned share-based compensation costs attributed to future services. Share-based compensation awards for which total employee proceeds exceed the average market price over the applicable period have an antidilutive effect on earnings per share, and accordingly, are excluded from the calculation of diluted earnings per share. Share-based compensation awards for 93,876 and 3,672,150 shares for the three August 28, 2021 August 29, 2020 nine August 28, 2021 August 29, 2020

Note 10 - Financial Instruments

Note 10 - Financial Instruments	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 10: Overview As a result of being a global enterprise, our earnings, cash flows and financial position are exposed to foreign currency risk from foreign currency denominated receivables and payables. We use foreign currency forward contracts, cross-currency swaps and interest rate swaps to manage risks associated with foreign currency exchange rates and interest rates. We do not no We are exposed to credit risk in the event of nonperformance of counterparties for foreign currency forward exchange contracts and interest rate swap agreements. We select investment-grade multinational banks and financial institutions as counterparties for derivative transactions and monitor the credit quality of each of these banks on a periodic basis as warranted. We do not Cash Flow Hedges As of August 28, 2021 October 20, 2017 2021 2022. August 28, 2021 two August 28, 2021 August 28, 2021 twelve August 28, 2021 not not The following table summarizes the cross-currency swaps outstanding as of August 28, 2021 Fiscal Year of Notional Expiration Interest Rate Value Fair Value Pay EUR 2021 2.75% $ 133,340 $ 336 Receive USD 4.9330% Pay EUR 2022 3.00% $ 267,860 $ 4,380 Receive USD 5.1803% Total $ 401,200 $ 4,716 On February 27, 2018, second 2021, three May 29, 2021. October 20, 2017, October 20, 2020, August 28, 2021 On April 23, 2018, The amounts of pretax gains (losses) recognized in Comprehensive Income related to derivative instruments designated as cash flow hedges are as follows: Three Months Ended Nine Months Ended August 28, 2021 August 29, 2020 August 28, 2021 August 29, 2020 Cross-currency swap contracts $ (1,309 ) $ (2,387 ) $ (3,629 ) $ 8,353 Interest rate swap contracts 5,074 5,455 15,332 (19,515 ) Fair Value Hedges On February 12, 2021, October 20, 2020 1 August 28, 2021 Derivatives Not We use foreign currency forward contracts to offset our exposure to the change in value of certain foreign currency denominated assets and liabilities held at foreign subsidiaries that are remeasured at the end of each period. Although the contracts are effective economic hedges, they are not 11 As of August 28, 2021 August 30, 2021 February 16, 2022. The amounts of pretax gains (losses) recognized in other income, net related to derivative instruments not nine August 28, 2021 August 29, 2020 Concentrations of credit risk with respect to trade accounts receivable are limited due to the large number of entities in the customer base and their dispersion across many different industries and countries. As of August 28, 2021 no

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 11: Overview Estimates of fair value for financial assets and liabilities are based on the framework established in the accounting guidance for fair value measurements. The framework defines fair value, provides guidance for measuring fair value and requires certain disclosures. The framework discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow) and the cost approach (cost to replace the service capacity of an asset or replacement cost). The framework utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three three ● Level 1: ● Level 2: not ● Level 3: Balances Measured at Fair Value on a Recurring Basis The following table presents information about our financial assets and liabilities that are measured at fair value on a recurring basis as of August 28, 2021 November 28, 2020 August 28, Fair Value Measurements Using: Description 2021 Level 1 Level 2 Level 3 Assets: Marketable securities $ 1,828 $ 1,828 $ - $ - Foreign exchange contract assets 3,192 - 3,192 - Cross-currency cash flow hedge assets 4,716 - 4,716 - Liabilities: Foreign exchange contract liabilities $ 1,764 $ - $ 1,764 $ - Interest rate swaps, cash flow hedge liabilities 17,924 - 17,924 - Interest rate swaps, fair value hedge liabilities 3,478 - 3,478 - Contingent consideration liabilities 8,700 - - 8,700 November 28, Fair Value Measurements Using: Description 2020 Level 1 Level 2 Level 3 Assets: Marketable securities $ 22,560 $ 22,560 $ - $ - Foreign exchange contract assets 2,320 - 2,320 - Cross-currency cash flow hedge assets 2,823 - 2,823 - Liabilities: Foreign exchange contract liabilities $ 5,251 $ - $ 5,251 $ - Cross-currency cash flow hedge liabilities 280 - 280 Interest rate swaps, cash flow hedge liabilities 33,256 - 33,256 - Contingent consideration liabilities 5,800 - - 5,800 We use the income approach in calculating the fair value of our contingent consideration liability related to the D.H.M. acquisition using a real option model with Level 3 The valuation of our contingent consideration liabilities related to the acquisitions of D.H.M. and STR resulted in a fair value of $7,000 and $1,700, respectively, as of August 28, 2021 2 Amounts Balance at November 28, 2020 $ 5,800 Acquisition 1,700 Mark to market adjustment 1,200 Balance at August 28, 2021 $ 8,700 Long-term debt had an estimated fair value of $1,675,314.0 August 28, 2021 November 28, 2020 not

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 12: Environmental Matters From time to time, we become aware of compliance matters relating to, or receive notices from, federal, state or local entities regarding possible or alleged violations of environmental, health or safety laws and regulations. We review the circumstances of each individual site, considering the number of parties involved, the level of potential liability or our contribution relative to the other parties, the nature and magnitude of the hazardous substances involved, the method and extent of remediation, the estimated legal and consulting expense with respect to each site and the time period over which any costs would likely be incurred. Also, from time to time, we are identified as a potentially responsible party (“PRP”) under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) and/or similar state laws that impose liability for costs relating to the clean up of contamination resulting from past spills, disposal or other release of hazardous substances. We are also subject to similar laws in some of the countries where current and former facilities are located. Our environmental, health and safety department monitors compliance with applicable laws on a global basis. To the extent we can reasonably estimate the amount of our probable liabilities for environmental matters, we establish an undiscounted financial provision. We recorded liabilities of $7,462 and $8,099 as of August 28, 2021 November 28, 2020 August 28, 2021 November 28, 2020 Currently, we are involved in various environmental investigations, clean up activities and administrative proceedings and lawsuits. In particular, we are currently deemed a PRP in conjunction with numerous other parties, in a number of government enforcement actions associated with landfills and/or hazardous waste sites. As a PRP, we may not Other Legal Proceedings From time to time and in the ordinary course of business, we are a party to, or a target of, lawsuits, claims, investigations and proceedings, including product liability, personal injury, contract, patent and intellectual property, environmental, health and safety, tax and employment matters. While we are unable to predict the outcome of these matters, we have concluded, based upon currently available information, that the ultimate resolution of any pending matter, individually or in the aggregate, including the asbestos litigation described in the following paragraphs, will not We have been named as a defendant in lawsuits in which plaintiffs have alleged injury due to products containing asbestos manufactured more than 30 A significant portion of the defense costs and settlements in asbestos-related litigation is paid by third 1976 third third third In addition to the indemnification arrangements with third A summary of the number of and settlement amounts for asbestos-related lawsuits and claims is as follows: Nine Months Ended 3 Years Ended August 28, 2021 August 29, 2020 November 28, 2020 Lawsuits and claims settled 2 3 19 Settlement amounts $ 85 $ 80 $ 944 Insurance payments received or expected to be received $ 55 $ 54 $ 660 We do not Based on currently available information, we have concluded that the resolution of any pending matter, including asbestos-related litigation, individually or in the aggregate, will not

Note 13 - Segments

Note 13 - Segments	9 Months Ended
	Aug. 28, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 13: We are required to report segment information in the same way that we internally organize our business for assessing performance and making decisions regarding allocation of resources. Revenue and operating income of each of our segments are regularly reviewed by our chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance. Segment operating income is identified as gross profit less SG&A expenses. Corporate expenses, other than those included in Corporate Unallocated, are allocated to each operating segment. Consistent with our internal management reporting, Corporate Unallocated amounts include business acquisition and integration costs, organizational restructuring charges and project costs associated with our implementation of SAP ONE. Corporate assets are not We have three may may not not The table below provides certain information regarding net revenue and operating income (loss) for each of our operating segments. Three Months Ended August 28, 2021 August 29, 2020 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 369,439 $ 29,652 $ 320,187 $ 31,883 Engineering Adhesives 342,300 34,087 276,083 29,873 Construction Adhesives 115,091 3,339 95,193 4,284 Total segment $ 826,830 $ 67,078 $ 691,463 $ 66,040 Corporate Unallocated - (7,625 ) - (7,309 ) Total $ 826,830 $ 59,453 $ 691,463 $ 58,731 Nine Months Ended August 28, 2021 August 29, 2020 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 1,069,922 $ 98,493 $ 977,373 $ 89,556 Engineering Adhesives 1,000,337 96,580 761,040 65,386 Construction Adhesives 310,348 4,974 274,216 9,436 Total segment $ 2,380,607 $ 200,047 $ 2,012,629 $ 164,378 Corporate Unallocated - (23,105 ) - (19,991 ) Total $ 2,380,607 $ 176,942 $ 2,012,629 $ 144,387 Consistent with our internal management reporting, Corporate Unallocated amounts in the tables above include charges that are not The table below provides a reconciliation of operating income to income before income taxes and income from equity method investments: Three Months Ended Nine Months Ended August 28, August 29, August 28, August 29, 2021 2020 2021 2020 Operating income $ 59,453 $ 58,731 $ 176,942 $ 144,387 Other income, net 6,150 3,722 25,899 11,740 Interest expense (19,396 ) (20,196 ) (59,699 ) (64,597 ) Interest income 2,520 2,945 7,709 8,761 Income before income taxes and income from equity method investments $ 48,727 $ 45,202 $ 150,851 $ 100,291 We view the following disaggregation of net revenue by geographic region as useful to understanding the composition of revenue recognized during the respective reporting periods: Three Months Ended August 28, 2021 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 210,589 $ 127,683 $ 103,475 $ 441,747 EIMEA 108,626 121,905 4,958 235,489 Asia Pacific 50,224 92,712 6,658 149,594 Total $ 369,439 $ 342,300 $ 115,091 $ 826,830 Three Months Ended August 29, 2020 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 179,209 $ 114,358 $ 84,379 $ 377,946 EIMEA 91,813 81,783 4,418 178,014 Asia Pacific 49,165 79,942 6,396 135,503 Total $ 320,187 $ 276,083 $ 95,193 $ 691,463 Nine Months Ended August 28, 2021 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 594,071 $ 367,260 $ 274,502 $ 1,235,833 EIMEA 312,908 345,249 16,191 674,348 Asia Pacific 162,943 287,828 19,655 470,426 Total $ 1,069,922 $ 1,000,337 $ 310,348 $ 2,380,607 Nine Months Ended August 29, 2020 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 543,066 $ 309,742 $ 242,685 $ 1,095,493 EIMEA 282,418 237,102 15,049 534,569 Asia Pacific 151,889 214,196 16,482 382,567 Total $ 977,373 $ 761,040 $ 274,216 $ 2,012,629

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Aug. 28, 2021
Accounting Policies [Abstract]
Changes in Accounting Principles, Policy [Policy Text Block]	Change in Accounting Principle - Credit Losses In June 2016, No. 2016 13, Financial Instruments - Credit Losses (Topic 326 No. 2018 19, Codification Improvements to Topic 326, November 2018, No. 2019 04, Codification Improvements to Topic 326, Financial Instruments, April 2019 No. 2019 11, Codification Improvements to Topic 326, November 2019. No. 2018 19 842, Leases. No. 2019 04 No. 2019 11 No. 2016 13. No. 2016 13 No. 2016 13. first February 27, 2021. not not
Accounts Receivable [Policy Text Block]	Trade Receivables and Allowances Trade receivables are recorded at the invoiced amount and do not not
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements Recently issued accounting standards or pronouncements have been excluded as they are not

Note 3 - Restructuring Actions

Note 3 - Restructuring Actions (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Nine Months Ended August 28, 2021 August 29, 2020 August 28, 2021 August 29, 2020 Cost of sales $ (5 ) $ 371 $ 288 $ 438 Selling, general and administrative (187 ) 618 1,159 984 $ (192 ) $ 989 $ 1,447 $ 1,422
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Employee-Related Other Total Balance at November 30, 2019 $ 9,830 $ 924 $ 10,754 Expenses incurred 2,898 1,681 4,579 Cash payments (7,051 ) (2,357 ) (9,408 ) Foreign currency translation 157 - 157 Balance at November 28, 2020 5,834 248 6,082 Expenses incurred (147 ) 1,594 1,447 Non-cash charges - (135 ) (135 ) Cash payments (3,767 ) (1,707 ) (5,474 ) Foreign currency translation (63 ) - (63 ) Balance at August 28, 2021 $ 1,857 $ - $ 1,857

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Inventory, Current [Table Text Block]	August 28, November 28, 2021 2020 Raw materials $ 236,907 $ 151,026 Finished goods 225,728 172,187 Total inventories $ 462,635 $ 323,213

Note 5 - Goodwill and Other I_2

Note 5 - Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	August 28, 2021 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 123,410 $ 939,671 $ 63,855 $ 11,388 $ 1,138,324 Accumulated amortization (60,404 ) (329,918 ) (32,938 ) (5,451 ) (428,711 ) Net identifiable intangibles $ 63,006 $ 609,753 $ 30,917 $ 5,937 $ 709,613 November 28, 2020 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 113,775 $ 933,943 $ 63,266 $ 11,410 $ 1,122,394 Accumulated amortization (53,216 ) (279,586 ) (29,368 ) (4,775 ) (366,945 ) Net identifiable intangibles $ 60,559 $ 654,357 $ 33,898 $ 6,635 $ 755,449
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Remainder Fiscal Year 2021 2022 2023 2024 2025 Thereafter Amortization expense $ 17,504 $ 69,534 $ 66,605 $ 61,578 $ 58,952 $ 435,440
Operating Segments [Member]
Notes Tables
Schedule of Goodwill [Table Text Block]	Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Balance at November 28, 2020 $ 332,909 $ 667,863 $ 311,231 $ 1,312,003 Currency impact (753 ) 2,296 278 1,821 Balance at August 28, 2021 $ 332,156 $ 670,159 $ 311,509 $ 1,313,824

Note 6 - Components of Net Pe_2

Note 6 - Components of Net Periodic Benefit Related to Pension and Other Postretirement Benefit Plans (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended August 28, 2021 and August 29, 2020 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic cost (benefit): 2021 2020 2021 2020 2021 2020 Service cost $ - $ - $ 824 $ 743 $ 5 $ 18 Interest cost 2,325 2,935 743 785 206 284 Expected return on assets (7,781 ) (6,439 ) (3,120 ) (2,812 ) (2,236 ) (1,994 ) Amortization: Prior service cost (benefit) (1 ) (1 ) 17 16 - - Actuarial loss 799 1,799 1,020 959 18 15 Net periodic benefit $ (4,658 ) $ (1,706 ) $ (516 ) $ (309 ) $ (2,007 ) $ (1,677 ) Nine Months Ended August 28, 2021 and August 29, 2020 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic cost (benefit): 2021 2020 2021 2020 2021 2020 Service cost $ - $ - $ 2,478 $ 2,184 $ 16 $ 55 Interest cost 6,974 8,803 2,215 2,348 616 851 Expected return on assets (23,342 ) (19,318 ) (9,301 ) (8,408 ) (6,708 ) (5,982 ) Amortization: Prior service cost (benefit) (2 ) (2 ) 51 48 - - Actuarial loss 2,398 5,397 3,059 2,839 55 46 Net periodic benefit $ (13,972 ) $ (5,120 ) $ (1,498 ) $ (989 ) $ (6,021 ) $ (5,030 )

Note 7 - Accumulated Other Co_2

Note 7 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended August 28, 2021 Three Months Ended August 29, 2020 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pre-tax Tax Net Net Pre-tax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 31,616 $ 14 $ 41,607 $ 24 Foreign currency translation adjustment¹ $ (31,979 ) $ - (31,979 ) (27 ) $ 46,689 $ - 46,689 22 Defined benefit pension plans adjustment² 1,855 (480 ) 1,375 - 2,769 (691 ) 2,078 - Interest rate swap³ 5,074 (1,244 ) 3,830 - 5,455 (1,330 ) 4,125 - Cross currency swaps³ (1,309 ) 20 (1,289 ) - (2,387 ) 73 (2,314 ) - Other comprehensive income (loss) $ (26,359 ) $ (1,704 ) $ (28,063 ) $ (27 ) $ 52,526 $ (1,948 ) $ 50,578 $ 22 Comprehensive income (loss) $ 3,553 $ (13 ) $ 92,185 $ 46 Nine Months Ended August 28, 2021 Nine Months Ended August 29, 2020 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pretax Tax Net Net Pretax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 110,509 $ 51 $ 83,115 $ 50 Foreign currency translation adjustment¹ $ 46,680 $ - 46,680 (25 ) $ 13,983 $ - 13,983 25 Defined benefit pension plans adjustment² 5,561 (1,440 ) 4,121 - 8,306 (2,072 ) 6,234 - Interest rate swap³ 15,332 (3,758 ) 11,574 - (19,515 ) 4,758 (14,757 ) - Cross currency swaps³ (3,629 ) 53 (3,576 ) - 8,353 (145 ) 8,208 - Other comprehensive income (loss) $ 63,944 $ (5,145 ) $ 58,799 (25 ) $ 11,127 $ 2,541 13,668 25 Comprehensive income $ 169,308 $ 26 $ 96,783 $ 75
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	August 28, 2021 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (59,435 ) $ (59,325 ) $ (110 ) Interest rate swap, net of taxes of $ 4,395 (13,529 ) (13,529 ) - Cash flow hedges, net of taxes of $( 68 4,393 4,393 - Defined benefit pension plans adjustment, net of taxes of $ 79,216 (157,258 ) (157,258 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (244,170 ) $ (244,060 ) $ (110 ) November 28, 2020 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (106,140 ) $ (106,005 ) $ (135 ) Interest rate swap, net of taxes of $ 8,639 (25,103 ) (25,103 ) - Cash flow hedges, net of taxes of $( 121 7,969 7,969 - Defined benefit pension plans adjustment, net of taxes of $ 80,656 (161,379 ) (161,379 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (302,994 ) $ (302,859 ) $ (135 )

Note 9 - Earnings Per Share (Ta

Note 9 - Earnings Per Share (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended August 28, August 29, August 28, August 29, (Shares in thousands) 2021 2020 2021 2020 Weighted-average common shares - basic 53,049 52,130 52,794 51,959 Equivalent shares from share-based compensations plans 1,597 461 1,299 441 Weighted-average common and common equivalent shares diluted 54,646 52,591 54,093 52,400

Note 10 - Financial Instrumen_2

Note 10 - Financial Instruments (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Fiscal Year of Notional Expiration Interest Rate Value Fair Value Pay EUR 2021 2.75% $ 133,340 $ 336 Receive USD 4.9330% Pay EUR 2022 3.00% $ 267,860 $ 4,380 Receive USD 5.1803% Total $ 401,200 $ 4,716
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended August 28, 2021 August 29, 2020 August 28, 2021 August 29, 2020 Cross-currency swap contracts $ (1,309 ) $ (2,387 ) $ (3,629 ) $ 8,353 Interest rate swap contracts 5,074 5,455 15,332 (19,515 )

Note 11 - Fair Value Measurem_2

Note 11 - Fair Value Measurements (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	August 28, Fair Value Measurements Using: Description 2021 Level 1 Level 2 Level 3 Assets: Marketable securities $ 1,828 $ 1,828 $ - $ - Foreign exchange contract assets 3,192 - 3,192 - Cross-currency cash flow hedge assets 4,716 - 4,716 - Liabilities: Foreign exchange contract liabilities $ 1,764 $ - $ 1,764 $ - Interest rate swaps, cash flow hedge liabilities 17,924 - 17,924 - Interest rate swaps, fair value hedge liabilities 3,478 - 3,478 - Contingent consideration liabilities 8,700 - - 8,700 November 28, Fair Value Measurements Using: Description 2020 Level 1 Level 2 Level 3 Assets: Marketable securities $ 22,560 $ 22,560 $ - $ - Foreign exchange contract assets 2,320 - 2,320 - Cross-currency cash flow hedge assets 2,823 - 2,823 - Liabilities: Foreign exchange contract liabilities $ 5,251 $ - $ 5,251 $ - Cross-currency cash flow hedge liabilities 280 - 280 Interest rate swaps, cash flow hedge liabilities 33,256 - 33,256 - Contingent consideration liabilities 5,800 - - 5,800
Schedule of Fair Value, Contingent Consideration [Table Text Block]	Amounts Balance at November 28, 2020 $ 5,800 Acquisition 1,700 Mark to market adjustment 1,200 Balance at August 28, 2021 $ 8,700

Note 12 - Commitments and Con_2

Note 12 - Commitments and Contingencies (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Loss Contingencies by Contingency [Table Text Block]	Nine Months Ended 3 Years Ended August 28, 2021 August 29, 2020 November 28, 2020 Lawsuits and claims settled 2 3 19 Settlement amounts $ 85 $ 80 $ 944 Insurance payments received or expected to be received $ 55 $ 54 $ 660

Note 13 - Segments (Tables)

Note 13 - Segments (Tables)	9 Months Ended
	Aug. 28, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended August 28, 2021 August 29, 2020 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 369,439 $ 29,652 $ 320,187 $ 31,883 Engineering Adhesives 342,300 34,087 276,083 29,873 Construction Adhesives 115,091 3,339 95,193 4,284 Total segment $ 826,830 $ 67,078 $ 691,463 $ 66,040 Corporate Unallocated - (7,625 ) - (7,309 ) Total $ 826,830 $ 59,453 $ 691,463 $ 58,731 Nine Months Ended August 28, 2021 August 29, 2020 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 1,069,922 $ 98,493 $ 977,373 $ 89,556 Engineering Adhesives 1,000,337 96,580 761,040 65,386 Construction Adhesives 310,348 4,974 274,216 9,436 Total segment $ 2,380,607 $ 200,047 $ 2,012,629 $ 164,378 Corporate Unallocated - (23,105 ) - (19,991 ) Total $ 2,380,607 $ 176,942 $ 2,012,629 $ 144,387
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended Nine Months Ended August 28, August 29, August 28, August 29, 2021 2020 2021 2020 Operating income $ 59,453 $ 58,731 $ 176,942 $ 144,387 Other income, net 6,150 3,722 25,899 11,740 Interest expense (19,396 ) (20,196 ) (59,699 ) (64,597 ) Interest income 2,520 2,945 7,709 8,761 Income before income taxes and income from equity method investments $ 48,727 $ 45,202 $ 150,851 $ 100,291
Disaggregation of Revenue [Table Text Block]	Three Months Ended August 28, 2021 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 210,589 $ 127,683 $ 103,475 $ 441,747 EIMEA 108,626 121,905 4,958 235,489 Asia Pacific 50,224 92,712 6,658 149,594 Total $ 369,439 $ 342,300 $ 115,091 $ 826,830 Three Months Ended August 29, 2020 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 179,209 $ 114,358 $ 84,379 $ 377,946 EIMEA 91,813 81,783 4,418 178,014 Asia Pacific 49,165 79,942 6,396 135,503 Total $ 320,187 $ 276,083 $ 95,193 $ 691,463 Nine Months Ended August 28, 2021 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 594,071 $ 367,260 $ 274,502 $ 1,235,833 EIMEA 312,908 345,249 16,191 674,348 Asia Pacific 162,943 287,828 19,655 470,426 Total $ 1,069,922 $ 1,000,337 $ 310,348 $ 2,380,607 Nine Months Ended August 29, 2020 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 543,066 $ 309,742 $ 242,685 $ 1,095,493 EIMEA 282,418 237,102 15,049 534,569 Asia Pacific 151,889 214,196 16,482 382,567 Total $ 977,373 $ 761,040 $ 274,216 $ 2,012,629

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands	Jan. 13, 2022	Jan. 13, 2021	Feb. 03, 2020	Aug. 28, 2021	Nov. 28, 2020	May 30, 2020
Goodwill, Ending Balance				$ 1,313,824	$ 1,312,003
STR Holdings, Inc. [Member]
Payments to Acquire Businesses, Gross		$ 5,445
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		1,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total				6,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets				1,245
Business Combination, Contingent Consideration, Liability, Total		1,700		$ 1,700
Goodwill, Ending Balance		$ 0
STR Holdings, Inc. [Member] | Forecast [Member]
Payments to Acquire Businesses, Gross	$ 800
D.H.M Adhesives, Inc [Member]
Payments to Acquire Businesses, Gross			$ 9,500
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High			8,100
Business Combination, Contingent Consideration, Liability, Total			5,000
Goodwill, Ending Balance						$ 1,063
Business Combination, Consideration Transferred, Total			$ 14,500
D.H.M Adhesives, Inc [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						$ 11,900

Note 3 - Restructuring Action_2

Note 3 - Restructuring Actions (Details Textual)	6 Months Ended	9 Months Ended
	May 29, 2021	Aug. 28, 2021
Number of Reportable Segments	3	3

Note 3 - Restructuring Action_3

Note 3 - Restructuring Actions - Restructuring Charges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020	Nov. 28, 2020
Expenses incurred	$ (192)	$ 989	$ 1,447	$ 1,422	$ 4,579
Cost of Sales [Member]
Expenses incurred	(5)	371	288	438
Selling, General and Administrative Expenses [Member]
Expenses incurred	$ (187)	$ 618	$ 1,159	$ 984

Note 3 - Restructuring Action_4

Note 3 - Restructuring Actions - Restructuring Reserve (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020	Nov. 28, 2020
Balance			$ 6,082	$ 10,754	$ 10,754
Expenses incurred	$ (192)	$ 989	1,447	1,422	4,579
Cash payments			(5,474)		(9,408)
Foreign currency translation			(63)		157
Non-cash charges			(135)
Balance	1,857		1,857		6,082
Employee Related [Member]
Balance			5,834	9,830	9,830
Expenses incurred			(147)		2,898
Cash payments			(3,767)		(7,051)
Foreign currency translation			(63)		157
Non-cash charges			0
Balance	1,857		1,857		5,834
Other Restructuring [Member]
Balance			248	$ 924	924
Expenses incurred			1,594		1,681
Cash payments			(1,707)		(2,357)
Foreign currency translation			0		0
Non-cash charges			(135)
Balance	$ 0		$ 0		$ 248

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Raw materials	$ 236,907	$ 151,026
Finished goods	225,728	172,187
Total inventories	$ 462,635	$ 323,213

Note 5 - Goodwill and Other I_3

Note 5 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020	Nov. 28, 2020
Amortization of Intangible Assets, Total	$ 17,815	$ 17,485	$ 53,464	$ 52,943
Indefinite Lived Trademarks and Trade Names	$ 514		$ 514		$ 519

Note 5 - Goodwill and Other I_4

Note 5 - Goodwill and Other Intangible Assets - Goodwill by Segment (Details) $ in Thousands	9 Months Ended
	Aug. 28, 2021USD ($)
Balance	$ 1,312,003
Currency impact	1,821
Balance	1,313,824
Hygiene, Health, and Consumable Adhesives [Member]
Balance	332,909
Currency impact	(753)
Balance	332,156
Engineering Adhesives [Member]
Balance	667,863
Currency impact	2,296
Balance	670,159
Construction Adhesives [Member]
Balance	311,231
Currency impact	278
Balance	$ 311,509

Note 5 - Goodwill and Other I_5

Note 5 - Goodwill and Other Intangible Assets - Amortizable Intangible Assets (Details) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Original cost	$ 1,138,324	$ 1,122,394
Accumulated amortization	(428,711)	(366,945)
Net identifiable intangibles	709,613	755,449
Purchased Technology And Patents [Member]
Original cost	123,410	113,775
Accumulated amortization	(60,404)	(53,216)
Net identifiable intangibles	63,006	60,559
Customer Relationships [Member]
Original cost	939,671	933,943
Accumulated amortization	(329,918)	(279,586)
Net identifiable intangibles	609,753	654,357
Trade Names [Member]
Original cost	63,855	63,266
Accumulated amortization	(32,938)	(29,368)
Net identifiable intangibles	30,917	33,898
Other Intangible Assets [Member]
Original cost	11,388	11,410
Accumulated amortization	(5,451)	(4,775)
Net identifiable intangibles	$ 5,937	$ 6,635

Note 5 - Goodwill and Other I_6

Note 5 - Goodwill and Other Intangible Assets - Estimated Aggregate Amortization Expense (Details) $ in Thousands	Aug. 28, 2021USD ($)
Remainder 2021	$ 17,504
2022	69,534
2023	66,605
2024	61,578
2025	58,952
Thereafter	$ 435,440

Note 6 - Components of Net Pe_3

Note 6 - Components of Net Periodic Benefit Related to Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Pension Plan [Member] | UNITED STATES
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	2,325	2,935	6,974	8,803
Expected return on assets	(7,781)	(6,439)	(23,342)	(19,318)
Prior service cost (benefit)	(1)	(1)	(2)	(2)
Actuarial loss	799	1,799	2,398	5,397
Net periodic benefit	(4,658)	(1,706)	(13,972)	(5,120)
Pension Plan [Member] | Foreign Plan [Member]
Service cost	824	743	2,478	2,184
Interest cost	743	785	2,215	2,348
Expected return on assets	(3,120)	(2,812)	(9,301)	(8,408)
Prior service cost (benefit)	17	16	51	48
Actuarial loss	1,020	959	3,059	2,839
Net periodic benefit	(516)	(309)	(1,498)	(989)
Other Postretirement Benefits Plan [Member]
Service cost	5	18	16	55
Interest cost	206	284	616	851
Expected return on assets	(2,236)	(1,994)	(6,708)	(5,982)
Prior service cost (benefit)	0	0	0	0
Actuarial loss	18	15	55	46
Net periodic benefit	$ (2,007)	$ (1,677)	$ (6,021)	$ (5,030)

Note 7 - Accumulated Other Co_3

Note 7 - Accumulated Other Comprehensive Income (Loss) - Comprehensive Income (Loss) Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Net income attributable to H.B. Fuller and non-controlling interest		$ 31,616	$ 41,607	$ 110,509	$ 83,115
Net income attributable to H.B. Fuller and non-controlling interest		14	24	51	50
Foreign currency translation adjustment¹, pretax	[1]	(31,979)	46,689	46,680	13,983
Foreign currency translation adjustment¹, tax	[1]	0	0	0	0
Foreign currency translation adjustment¹	[1]	(31,979)	46,689	46,680	13,983
Foreign currency translation adjustment¹, non-controlling interests	[1]	(27)	22	(25)	25
Defined benefit pension plans adjustment², pretax	[2]	1,855	2,769	5,561	8,306
Defined benefit pension plans adjustment², tax	[2]	(480)	(691)	(1,440)	(2,072)
Defined benefit pension plans adjustment²	[2]	1,375	2,078	4,121	6,234
Interest rate swap³, pretax	[3]	5,074	5,455	15,332	(19,515)
Interest rate swap³, tax	[3]	(1,244)	(1,330)	(3,758)	4,758
Interest rate swap³	[3]	3,830	4,125	11,574	(14,757)
Cross currency swaps³, pretax	[3]	(1,309)	(2,387)	(3,629)	8,353
Cross currency swaps³, tax	[3]	20	73	53	(145)
Cross currency swaps³	[3]	(1,289)	(2,314)	(3,576)	8,208
Other comprehensive income (loss), pretax		(26,359)	52,526	63,944	11,127
Other comprehensive income (loss), tax		(1,704)	(1,948)	(5,145)	2,541
Other comprehensive income (loss)		(28,063)	50,578	58,799	13,668
Other comprehensive income (loss), non-controlling interests		(27)	22	(25)	25
Comprehensive income (loss)		3,553	92,185	169,308	96,783
Comprehensive income (loss), non-controlling interests		$ (13)	$ 46	$ 26	$ 75
[1]	Income taxes are not provided for foreign currency translation relating to permanent investments in international subsidiaries.
[2]	Loss reclassified from accumulated other comprehensive income ("AOCI") into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales and SG&A expense.
[3]	Income (loss) reclassified from AOCI into earnings is reported in other income, net.

Note 7 - Accumulated Other Co_4

Note 7 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Accumulated other comprehensive loss	$ (244,060)	$ (302,859)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Foreign currency translation adjustment	(59,435)	(106,140)
Interest rate swap, net of taxes	(13,529)	(25,103)
Cash flow hedges, net of taxes	4,393	7,969
Defined benefit pension plans adjustment, net of taxes	(157,258)	(161,379)
Reclassification of AOCI tax effects	(18,341)	(18,341)
Accumulated other comprehensive loss	(244,170)	(302,994)
AOCI Attributable to Parent [Member]
Foreign currency translation adjustment	(59,325)	(106,005)
Interest rate swap, net of taxes	(13,529)	(25,103)
Cash flow hedges, net of taxes	4,393	7,969
Defined benefit pension plans adjustment, net of taxes	(157,258)	(161,379)
Reclassification of AOCI tax effects	(18,341)	(18,341)
Accumulated other comprehensive loss	(244,060)	(302,859)
AOCI Attributable to Noncontrolling Interest [Member]
Foreign currency translation adjustment	(110)	(135)
Interest rate swap, net of taxes	0	0
Cash flow hedges, net of taxes	0	0
Defined benefit pension plans adjustment, net of taxes	0	0
Reclassification of AOCI tax effects	0	0
Accumulated other comprehensive loss	$ (110)	$ (135)

Note 7 - Accumulated Other Co_5

Note 7 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) (Parentheticals) - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Tax on interest swap	$ 4,395
Tax on cash flow hedge	(68)
Tax on defined benefit pension plans adjustment	$ 79,216
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Tax on interest swap		$ 8,639
Tax on cash flow hedge		(121)
Tax on defined benefit pension plans adjustment		$ 80,656

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020	Nov. 28, 2020
Effective Income Tax Rate Reconciliation, Cross Currency Swap	$ 5,626	$ 7,183	$ 5,068	$ 5,223
Effective Income Tax Rate Reconciliation, Percent, Excluding Discrete Tax Benefit	27.60%	27.10%	27.40%	27.30%
Unrecognized Tax Benefits, Ending Balance	$ 14,463		$ 14,463		$ 14,569
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	$ 2,283		$ 2,283		$ 2,881

Note 9 - Earnings Per Share (De

Note 9 - Earnings Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	93,876	3,672,150	1,655,852	4,034,001

Note 9 - Earnings Per Share - E

Note 9 - Earnings Per Share - Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Weighted-average common shares - basic (in shares)	53,049	52,130	52,794	51,959
Equivalent shares from share-based compensations plans (in shares)	1,597	461	1,299	441
Weighted-average common and common equivalent shares diluted (in shares)	54,646	52,591	54,093	52,400

Note 10 - Financial Instrumen_3

Note 10 - Financial Instruments (Details Textual) $ in Thousands	Apr. 23, 2018	Apr. 22, 2018	May 29, 2021USD ($)	Aug. 28, 2021USD ($)	Aug. 29, 2020USD ($)	Feb. 27, 2021USD ($)	Feb. 12, 2021USD ($)	Oct. 20, 2020USD ($)	Feb. 27, 2018USD ($)	Oct. 20, 2017USD ($)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Total				$ 1,428	$ (4,859)
Public Notes [Member]
Debt Instrument, Face Amount								$ 300,000
Term Loan B [Member]
Debt Instrument, Face Amount									$ 2,150,000	$ 2,150,000
Term Loan B [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.00%	2.25%
Cross Currency Interest Rate Contract [Member]
Derivative, Number of Instruments Held, Total				6
Derivative, Notional Amount				$ 401,200						401,200
Foreign Currency Cash Flow Hedge Liability at Fair Value				4,716
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax, Ending Balance				4,393
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months				(3,176)
Cross Currency Interest Rate Contract [Member] | Other Liabilities [Member]
Foreign Currency Cash Flow Hedge Liability at Fair Value				4,716
Interest Rate Swap [Member]
Derivative, Amount of Hedged Item						$ 1,125,000		$ 925,000	$ 200,000	$ 1,050,000
Derivative, Fixed Interest Rate									4.589%	4.0275%
Interest Rate Swap [Member] | Interest Expense [Member]
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net, Total			$ (378)
Interest Rate Swap [Member] | Other Liabilities [Member]
Interest Rate Fair Value Hedge Liability at Fair Value				17,924
Interest Rate Swap Related to Public Notes [Member]
Derivative, Amount of Hedged Item							$ 300,000
Interest Rate Swap Related to Public Notes [Member] | London Interbank Offered Rate (LIBOR) [Member]
Derivative, Variable Interest Rate							3.28%
Interest Rate Swap Related to Public Notes [Member] | Other Liabilities [Member]
Debt Instrument, Face Amount				$ 3,478

Note 10 - Financial Instrumen_4

Note 10 - Financial Instruments - Swaps Outstanding (Details) - Cross Currency Interest Rate Contract [Member] - USD ($) $ in Thousands	9 Months Ended
	Aug. 28, 2021	Oct. 20, 2017
Derivative, Notional Amount	$ 401,200	$ 401,200
Fair Value	$ 4,716
Currency Swap 1 [Member]
Fiscal Year of Expiration	2021
Interest rate minimum	2.75%
Derivative, Notional Amount	$ 133,340
Fair Value	$ 336
Interest rate maximum	4.933%
Currency Swap 2 [Member]
Fiscal Year of Expiration	2022
Interest rate minimum	3.00%
Derivative, Notional Amount	$ 267,860
Fair Value	$ 4,380
Interest rate maximum	5.1803%

Note 10 - Financial Instrumen_5

Note 10 - Financial Instruments - Gains (Losses) on Derivative Instruments (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Currency Swap [Member]
Pretax gain (loss) recognized in other comprehensive income	$ (1,309)	$ (2,387)	$ (3,629)	$ 8,353
Interest Rate Swap [Member]
Pretax gain (loss) recognized in other comprehensive income	$ 5,074	$ 5,455	$ 15,332	$ (19,515)

Note 11 - Fair Value Measurem_3

Note 11 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Aug. 28, 2021	Jan. 13, 2021	Nov. 28, 2020
Long-term Debt, Fair Value	$ 1,675,314		$ 1,811,562
DHM [Member]
Business Combination, Contingent Consideration, Liability, Total	7,000
STR Holdings, Inc. [Member]
Business Combination, Contingent Consideration, Liability, Total	$ 1,700	$ 1,700

Note 11 - Fair Value Measurem_4

Note 11 - Fair Value Measurements - Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 28, 2020
Assets:
Marketable securities	$ 1,828	$ 22,560
Foreign exchange contract assets	3,192	2,320
Cross-currency cash flow hedge assets	4,716	2,823
Liabilities:
Foreign exchange contract liabilities	1,764	5,251
Interest rate swaps, cash flow hedge liabilities	17,924	33,256
Interest rate swaps, fair value hedge liabilities	3,478
Contingent consideration liabilities	8,700	5,800
Cross-currency cash flow hedge liabilities		280
Fair Value, Inputs, Level 1 [Member]
Assets:
Marketable securities	1,828	22,560
Foreign exchange contract assets	0	0
Cross-currency cash flow hedge assets	0	0
Liabilities:
Foreign exchange contract liabilities	0	0
Interest rate swaps, cash flow hedge liabilities	0	0
Interest rate swaps, fair value hedge liabilities	0
Contingent consideration liabilities	0	0
Cross-currency cash flow hedge liabilities		0
Fair Value, Inputs, Level 2 [Member]
Assets:
Marketable securities	0	0
Foreign exchange contract assets	3,192	2,320
Cross-currency cash flow hedge assets	4,716	2,823
Liabilities:
Foreign exchange contract liabilities	1,764	5,251
Interest rate swaps, cash flow hedge liabilities	17,924	33,256
Interest rate swaps, fair value hedge liabilities	3,478
Contingent consideration liabilities	0	0
Cross-currency cash flow hedge liabilities		280
Fair Value, Inputs, Level 3 [Member]
Assets:
Marketable securities	0	0
Foreign exchange contract assets	0	0
Cross-currency cash flow hedge assets	0	0
Liabilities:
Foreign exchange contract liabilities	0	0
Interest rate swaps, cash flow hedge liabilities	0	0
Interest rate swaps, fair value hedge liabilities	0
Contingent consideration liabilities	$ 8,700	5,800
Cross-currency cash flow hedge liabilities

Note 11 - Fair Value Measurem_5

Note 11 - Fair Value Measurements - Contingent Consideration (Details) - D.H.M Adhesives and STR Holdings [Member] $ in Millions	9 Months Ended
	Aug. 28, 2021USD ($)
Balance	$ 5.8
Acquisition	1.7
Mark to market adjustment	1.2
Balance	$ 8.7

Note 12 - Commitments and Con_3

Note 12 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Aug. 28, 2021	Nov. 28, 2020
Accrued Environmental Loss Contingencies, Noncurrent	$ 7,462	$ 8,099
Facility in Simpsonville, South Carolina [Member]
Operating Leases, Rent Expense, Total	$ 3,404	$ 3,703

Note 12 - Commitments and Con_4

Note 12 - Commitments and Contingencies - Asbestos Related Lawsuits and Claims (Details) - Asbestos Related Lawsuits and Claims [Member] $ in Thousands	9 Months Ended		36 Months Ended
	Aug. 28, 2021USD ($)	Aug. 29, 2020USD ($)	Nov. 28, 2020USD ($)
Lawsuits and claims settled	2	3	19
Settlement amounts	$ 85	$ 80	$ 944
Insurance payments received or expected to be received	$ 55	$ 54	$ 660

Note 13 - Segments (Details Tex

Note 13 - Segments (Details Textual)	6 Months Ended	9 Months Ended
	May 29, 2021	Aug. 28, 2021
Number of Reportable Segments	3	3

Note 13 - Segments - Reportable

Note 13 - Segments - Reportable Operating Segment Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Revenue	$ 826,830	$ 691,463	$ 2,380,607	$ 2,012,629
Operating income	59,453	58,731	176,942	144,387
Corporate, Non-Segment [Member]
Revenue	0	0	0	0
Operating income	(7,625)	(7,309)	(23,105)	(19,991)
Hygiene, Health, and Consumable Adhesives [Member]
Revenue	369,439	320,187	1,069,922	977,373
Hygiene, Health, and Consumable Adhesives [Member] | Operating Segments [Member]
Revenue	369,439	320,187	1,069,922	977,373
Operating income	29,652	31,883	98,493	89,556
Engineering Adhesives [Member]
Revenue	342,300	276,083	1,000,337	761,040
Engineering Adhesives [Member] | Operating Segments [Member]
Revenue	342,300	276,083	1,000,337	761,040
Operating income	34,087	29,873	96,580	65,386
Construction Adhesives [Member]
Revenue	115,091	95,193	310,348	274,216
Construction Adhesives [Member] | Operating Segments [Member]
Revenue	115,091	95,193	310,348	274,216
Operating income	3,339	4,284	4,974	9,436
Total Segment [Member]
Revenue	826,830	691,463	2,380,607	2,012,629
Total Segment [Member] | Operating Segments [Member]
Operating income	$ 67,078	$ 66,040	$ 200,047	$ 164,378

Note 13 - Segments - Reconcilia

Note 13 - Segments - Reconciliation of Segment Operating Income to Income From Continuing Operations Before Income Taxes and Income From Equity Method Investments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Operating income	$ 59,453	$ 58,731	$ 176,942	$ 144,387
Other income, net	6,150	3,722	25,899	11,740
Interest expense	(19,396)	(20,196)	(59,699)	(64,597)
Interest income	2,520	2,945	7,709	8,761
Income before income taxes and income from equity method investments	$ 48,727	$ 45,202	$ 150,851	$ 100,291

Note 13 - Segments - Disaggrega

Note 13 - Segments - Disaggregated Revenue Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 28, 2021	Aug. 29, 2020	Aug. 28, 2021	Aug. 29, 2020
Revenue	$ 826,830	$ 691,463	$ 2,380,607	$ 2,012,629
Americas [Member]
Revenue	441,747	377,946	1,235,833	1,095,493
EIMEA [Member]
Revenue	235,489	178,014	674,348	534,569
Asia Pacific [Member]
Revenue	149,594	135,503	470,426	382,567
Hygiene, Health, and Consumable Adhesives [Member]
Revenue	369,439	320,187	1,069,922	977,373
Hygiene, Health, and Consumable Adhesives [Member] | Operating Segments [Member]
Revenue	369,439	320,187	1,069,922	977,373
Hygiene, Health, and Consumable Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue	210,589	179,209	594,071	543,066
Hygiene, Health, and Consumable Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue	108,626	91,813	312,908	282,418
Hygiene, Health, and Consumable Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue	50,224	49,165	162,943	151,889
Engineering Adhesives [Member]
Revenue	342,300	276,083	1,000,337	761,040
Engineering Adhesives [Member] | Operating Segments [Member]
Revenue	342,300	276,083	1,000,337	761,040
Engineering Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue	127,683	114,358	367,260	309,742
Engineering Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue	121,905	81,783	345,249	237,102
Engineering Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue	92,712	79,942	287,828	214,196
Construction Adhesives [Member]
Revenue	115,091	95,193	310,348	274,216
Construction Adhesives [Member] | Operating Segments [Member]
Revenue	115,091	95,193	310,348	274,216
Construction Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue	103,475	84,379	274,502	242,685
Construction Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue	4,958	4,418	16,191	15,049
Construction Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue	$ 6,658	$ 6,396	$ 19,655	$ 16,482