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Note 7 - Intangible Assets

12 Months Ended

Sep. 27, 2014

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

(7) Intangible Assets

The primary components of the Company’s 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 27, 2014:
Customer relationships		20.0				$	6,500			$	(38	)		$	6,462
Developed technology and know-how		20.0					1,800				(11	)			1,789
Non-competition agreements		4.8					2,117				(552	)			1,565
						$	10,417			$	(601	)		$	9,816

(In thousands)		Weighted- Average Useful Life (Years)				Gross				Accumulated Amortization				Net Book Value
Year ended September 28, 2013:
Non-competition agreement		3.0				$	1,887			$	(163	)		$	1,724
						$	1,887			$	(163	)		$	1,724

Amortization expense for intangibles was $438,000 in 2014, $163,000 in 2013 and $0 in 2012. Amortization expense for the next five years, assuming no change in estimated useful lives of identified intangible assets, is $866,000 in 2015, $866,000 in 2016, $861,000 in 2017, $629,000 in 2018 and $414,000 in 2019.