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Note 6 - Intangible Assets
12 Months Ended
Sep. 29, 2018
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
(
6
)
Intangible Assets
 
The primary components of our intangible assets and the related accumulated amortization are as follows:
 
(In thousands)
 
Weighted-
Average Useful
Life (Years)
   
Gross
   
Accumulated Amortization
   
Net Book Value
 
Year ended September 29, 2018:
                               
Customer relationships
   
16.9
    $
9,070
    $
(1,598
)   $
7,472
 
Developed technology and know-how
 
 
20.0
     
1,800
     
(371
)    
1,429
 
Non-competition agreements
   
5.0
     
3,687
     
(2,994
)    
693
 
Trade name
   
4.0
     
140
     
(31
)    
109
 
     
 
    $
14,697
    $
(4,994
)   $
9,703
 
                                 
Year ended September 30, 2017:
                               
Customer relationships
 
 
20.0
    $
6,500
    $
(1,018
)   $
5,482
 
Developed technology and know-how
 
 
20.0
     
1,800
     
(283
)    
1,517
 
Non-competition agreements
   
4.8
     
3,577
     
(2,663
)    
914
 
     
 
    $
11,877
    $
(3,964
)   $
7,913
 
 
 
Amortization expense for intangibles was
$1.3
million in
2018
and
$1.2
million in
2017
and
2016.
Amortization expense for the next
five
years, assuming
no
change in the estimated useful lives of identified intangible assets, is
$1.1
million in
2019,
$924,000
in
2020,
$809,000
in
2021,
$770,000
in
2022
and
$705,000
in
2023.
We completed the acquisition of a business during
2018,
and the effects of the purchase price allocation for this transaction on the accompanying consolidated financial statements are
not
material.