Note 5 - Intangible Assets

9 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

(

5

) Intangible Assets

The primary components of our intangible assets and the related accumulated amortization are as follows:

(In thousands)	Gross Amount		Accumulated Amortization			Net Book Value
As of June 30, 2018:
Customer relationships	$	9,070	$	(1,445	)	$	7,625
Developed technology and know-how		1,800		(349	)		1,451
Non-competition agreements		3,687		(2,904	)		783
Trade name		140		(23	)		117
	$	14,697	$	(4,721	)	$	9,976
As of September 30, 2017:
Customer relationships	$	6,500	$	(1,018	)	$	5,482
Developed technology and know-how		1,800		(283	)		1,517
Non-competition agreements		3,577		(2,663	)		914
	$	11,877	$	(3,964	)	$	7,913

Amortization expense for intangibles was

$299,000

and

$289,000

for the

three

-month periods ended

June 30, 2018

and

July 1, 2017,

respectively, and

$987,000

and

$868,000

for the

nine

-month periods ended

June 30, 2018

and

July 1, 2017,

respectively. We completed the acquisition of a business during the

nine

-month period ended

June 30, 2018,

and the effects of the purchase price allocation for this transaction on the accompanying unaudited interim consolidated financial statements are

not

material.