Note 6 - Intangible Assets

9 Months Ended

Jun. 27, 2020

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)	Gross Amount		Accumulated Amortization			Net Book Value
As of June 27, 2020:
Customer relationships	$	9,870	$	(2,675	)	$	7,195
Developed technology and know-how		1,800		(528	)		1,272
Non-competition agreements		1,860		(1,643	)		217
Trade name		250		(124	)		126
	$	13,780	$	(4,970	)	$	8,810
As of September 28, 2019:
Customer relationships	$	9,070	$	(2,207	)	$	6,863
Developed technology and know-how		1,800		(461	)		1,339
Non-competition agreements		1,800		(1,466	)		334
Trade name		140		(66	)		74
	$	12,810	$	(4,200	)	$	8,610

Amortization expense for intangibles was $240,000 and $273,000 for the three-month periods ended June 27, 2020 and June 29, 2019, respectively, and $770,000 and $819,000 for the nine-month periods ended June 27, 2020 and June 29, 2019, respectively.