Note 8 - Intangible Assets

9 Months Ended

Sep. 29, 2018

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

8. Intangible Assets

The Company evaluates long-lived assets and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset

may

not

be recoverable. When the Company determines that it is probable that undiscounted future cash flows will

not

be sufficient to recover an asset’s carrying amount, the asset is written down to its fair value. Assets to be disposed of by sale, if any, are reported at the lower of the carrying amount or fair value less cost to sell. The Company’s intangible assets consist of customer relationships and non-compete agreements. During all periods presented, the Company determined that

no

impairment of intangible assets exists.

Intangible assets are substantially attributable to the Company’s Engineering segment and include the following:

	Thirty-Nine Week Periods Ended
	September 29, 2018		December 30, 2017
Customer contracts and relations	$	56	$	88
Non-compete agreements		9		17
Intangible assets, net	$	65	$	105

Amortization expense of intangible assets for the

thirty-nine

week periods ended

September 29, 2018

and

September 30, 2017

was

$40

and

$50,

respectively.