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Note 7 - Intangible Assets
12 Months Ended
Sep. 28, 2019
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
(
7
) 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
 
As of September 28, 2019:
                             
Customer relationships
 
16.9
    $
9,070
    $
(2,207
)   $
6,863
 
Developed technology and know-how  
20.0
     
1,800
     
(461
)    
1,339
 
Non-competition agreements
 
5.0
     
1,800
     
(1,466
)    
334
 
Trade name
 
4.0
     
140
     
(66
)    
74
 
   
 
    $
12,810
    $
(4,200
)   $
8,610
 
                               
As of 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
 
 
Amortization expense for intangibles was
$1.1
million in
2019,
$1.3
million in
2018
and
$1.2
million in
2017.
Amortization expense for the next
five
years, assuming
no
change in the estimated useful lives of identified intangible assets, is
$924,000
in
2020,
$809,000
in
2021,
$770,000
in
2022,
$705,000
in
2023
and
$699,000
in
2024.
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 were
not
material.