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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 01, 2014
Changes in Carrying Value of Goodwill
Changes in the carrying value of goodwill are as follows (in thousands):
 
 
TOTAL
Balance at June 1, 2013
 
$
1,519

       Premium Paid for WVS Acquisition
 
25

       Foreign currency translation
 
124

Balance at March 1, 2014
 
$
1,668

Intangible assets subject to amortization
Intangible assets subject to amortization as well as amortization expense are as follows (in thousands):
 
Intangible Assets Subject to
 
Amortization as of
 
March 1, 2014
 
June 1, 2013
Gross Amounts:
 
 
 
   Trade Name
$
29

 
$
29

   Customer Relationship
977

 
947

   Non-compete Agreements
47

 
47

      Total Gross Amounts
$
1,053

 
$
1,023

Accumulated Amortization:
 
 
 
   Trade Name
$
16

 
$
8

   Customer Relationship
161

 
101

   Non-compete Agreements
12

 
6

      Total Accumulated Amortization
$
189

 
$
115

Intangible Assets Amortization expense
The amortization expense associated with the intangible assets subject to amortization for the next five years is presented in the following table (in thousands):
 
Amortization
 
Expense
Fiscal Year
 
Remaining 2014
$
22

2015
83

2016
68

2017
58

2018
57

Thereafter
576