NOTE 3 - DETAIL OF CERTAIN BALANCE SHEET ACCOUNTS

12 Months Ended

Dec. 26, 2015

Disclosure Text Block Supplement [Abstract]

Supplemental Balance Sheet Disclosures [Text Block]

NOTE 3 - DETAIL OF CERTAIN BALANCE SHEET ACCOUNTS

The components of trade receivables as of December 26, 2015 and December 27, 2014, are as follows (dollars in thousands):

	2015			2014
Amounts billed	$	12,214		$	12,584
Amounts unbilled		6,175			9,445
Retainage		6,858			9,181
Less: Allowance for uncollectible accounts		(1,150	)		(1,184	)
Trade receivables, net	$	24,097		$	30,026

The components of short-term and long-term notes receivable as of December 26, 2015 and December 27, 2014, are as follows (dollars in thousands):

	2015			2014
Aspen	$	514		$	514
SLE		—			448
Steele		—			3,365
Furmanite		—			4,704
Increased Performance		151			—
Reserve		(514	)		(3,902	)
Total notes receivable		151			5,129
Less current portion		(151	)		(2,165	)
Notes Receivable, net of current portion	$	—		$	2,964

The Increased Performance was a trade receivable converted to a note receivable during 2015, bearing an interest rate of 0% per annum and due in installment payments throughout 2016 with the last payment due on October 1, 2016.

The Aspen note bears interest at 6% per annum, was due and payable in September 2011, and is fully reserved. The SLE matter was settled in December 2014 and the related note was collected in January 2015. On March 28, 2015, the Steele note was adjusted to its net realizable value and the reserve was eliminated. The note was subsequently collected in the second fiscal quarter on March 30, 2015.

The Furmanite notes were two separate four year notes (“Four Year Notes”), respectively dated January 1, 2013 and August 30, 2013, bearing interest at 5% and 4% per annum, payable in annual installments beginning January 1, 2014 and September 1, 2014 and maturing January 2, 2017 and September 1, 2017. On April 21, 2015, the Company and Furmanite finalized a closing working capital adjustment on the 2013 sale of ENGlobal’s Gulf Coast Operations to Furmanite. In connection with the final resolution, ENGlobal agreed to retain certain lease obligations which were originally assigned to Furmanite as part of the 2013 sale and Furmanite agreed to pay ENGlobal $3.6 million to fully extinguish the Four Year Notes, accrued interest, and related Furmanite parent company guarantees. The Four Year Notes were adjusted to their net realizable value at March 28, 2015 and were subsequently collected in April 2015.

The components of other current liabilities are as follows as of December 26, 2015 and December 27, 2014 (dollars in thousands):

	2015		2014
Accrual for known contingencies	$	781	$	1,761
Customer prepayments		91		43
Deferred rent		263		394
Current portion of capital leases		287		484
Federal and state income taxes payable		264		398
Accrued interest and other		4		4
Other current liabilities	$	1,690	$	3,084

Our reserve for known contingencies consists primarily of litigation accruals and related legal fees. See “Note 14 – Commitments and contingencies Information” for further information.