XML 60 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 8 - Intangible Assets
6 Months Ended
Jun. 28, 2014
Disclosure Text Block [Abstract]  
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.


The following table reflects the components of net intangible assets, excluding goodwill:


   

Engineering

   

Information Technology

   

Total

 

Balance as of December 28, 2013

  $ 179     $ 37     $ 216  
                         

Amortization of intangibles during the twenty-six week period ended June 28, 2014

    24       16       40  
                         

Balance as of June 28, 2014

  $ 155     $ 21     $ 176  

The Company periodically writes off fully amortized intangible assets. The Company did not write off any fully amortized intangibles for the twenty-six week periods ended June 28, 2014 and June 29, 2013.