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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
May. 30, 2015
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
 
127

Impairment on goodwill
 
(1,671
)
Balance at May 31, 2014
 
$

Balance at May 30, 2015
 
$

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
 
May 30, 2015
 
May 31, 2014
Gross Amounts:
 
 
 
Trade Name
$
29

 
$
29

Customer Relationship
948

 
977

Non-compete Agreements
47

 
47

Total Gross Amounts
$
1,024

 
$
1,053

Accumulated Amortization:
 
 
 
Trade Name
$
29

 
$
18

Customer Relationship
221

 
178

Non-compete Agreements
31

 
14

Total Accumulated Amortization
$
281

 
$
210

 
 
 
 
 Net Intangibles
$
743

 
$
843

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
 
2016
$
66

2017
57

2018
55

2019
46

2020
44

Thereafter
475