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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 01, 2013
Changes in Carrying Value of Goodwill

Changes in the carrying value of goodwill are as follows (in thousands):

 

     Powerlink      D and C      TOTAL  

Balance at June 2, 2012

   $ 1,261       $ —         $ 1,261   

Premium Paid for D and C Acquisition

     —           230         230   

Foreign currency translation

     28         —           28   
  

 

 

    

 

 

    

 

 

 

Balance at June 1, 2013

   $ 1,289       $ 230       $ 1,519   
  

 

 

    

 

 

    

 

 

 
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
 
     June 1, 2013      June 2, 2012  

Gross Amounts:

     

Trade Name - D and C

   $ 29       $ —     

Customer Relationship:

     

D and C

     633         —     

Powerlink

     314         363   

Non-compete Agreements - D and C

     47         —     
  

 

 

    

 

 

 

Total Gross Amounts

   $ 1,023       $ 363   
  

 

 

    

 

 

 

Accumulated Amortization:

     

Trade Name - D and C

   $ 8       $ —     

Customer Relationship:

     

D and C

     24         —     

Powerlink

     77         8   

Non-compete Agreements - D and C

     6         —     
  

 

 

    

 

 

 

Total Accumulated Amortization

   $ 115       $ 8   
  

 

 

    

 

 

 

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

      

2014

   $ 85   

2015

     80   

2016

     66   

2017

     57   

2018

     55   

Thereafter

     565