Note 1 - Basis of Presentation

9 Months Ended

Sep. 28, 2019

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1.	Basis of Presentation

The accompanying consolidated interim financial statements of RCM Technologies, Inc. and subsidiaries (“RCM” or the “Company”) are unaudited. The year-end consolidated balance sheet was derived from audited statements but does

not

include all disclosures required by accounting principles generally accepted in the United States. These statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission pertaining to reports on Form

-Q and should be read in conjunction with the Company’s consolidated financial statements and the notes thereto for the year ended

December 29, 2018

included in the Company’s Annual Report Form

-K for such period. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations.

The consolidated financial statements for the unaudited interim periods presented include all adjustments (consisting only of normal, recurring adjustments) necessary for a fair presentation of financial position, results of operations and cash flows for such interim periods.

Results for the

thirteen

and

thirty-nine

week periods ended

September 28, 2019

are

not

necessarily indicative of results that

may

be expected for the full year.

Fiscal Year

The Company follows a

52/53

week fiscal reporting calendar ending on the Saturday closest to

December 31.

The fiscal year ended

December 29, 2018

was a

-week reporting year. The

third

fiscal quarters of

2019

and

2018

ended on the following dates, respectively:

Period Ended	Weeks in Quarter	Weeks in Year to Date
September 28, 2019	Thirteen	Thirty-Nine
September 29, 2018	Thirteen	Thirty-Nine