Note 5 - Property and Equipment

9 Months Ended

Oct. 01, 2011

Property, Plant and Equipment Disclosure [Text Block]

5.	Property and Equipment

Property and equipment are stated at cost and are depreciated on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. The annual rates are 20% for computer hardware and software as well as furniture and office equipment. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

Property and equipment are comprised of the following:

	October 1,		January 1,
	2011		2011
Equipment and furniture		$2,757		$2,734
Computers and systems		5,617		5,869
Leasehold improvements		1,036		1,064
		9,410		9,667

Less: accumulated depreciation and amortization		6,658		6,372

Property and equipment, net		$2,752		$3,295

The Company periodically writes off fully depreciated assets. The Company wrote off fully depreciated assets of $494 and $975 for the thirty-nine week periods ended October 1, 2011 and October 2, 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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