Note 5 - Intangible Assets

9 Months Ended

Jun. 29, 2019

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 29, 2019:
Customer relationships	$	9,070	$	(2,054	)	$	7,016
Developed technology and know-how		1,800		(438	)		1,362
Non-competition agreements		1,800		(1,376	)		424
Trade name		140		(58	)		82
	$	12,810	$	(3,926	)	$	8,884
As of September 29, 2018:
Customer relationships	$	9,070	$	(1,598	)	$	7,472
Developed technology and know-how		1,800		(371	)		1,429
Non-competition agreements		3,687		(2,994	)		693
Trade name		140		(31	)		109
	$	14,697	$	(4,994	)	$	9,703

Amortization expense for intangibles was

$273,000

and

$299,000

for the

three

-month periods ended

June 29, 2019

and

June 30, 2018,

respectively, and

$819,000

and

$987,000

for the

nine

-month periods ended

June 29, 2019

and

June 30, 2018,

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 consolidated financial statements were

not

material.