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Note 7 - Goodwill
 3 Months Ended
Apr. 03, 2021
Notes to Financial Statements  
Goodwill Disclosure [Text Block]
 
7.
Goodwill
 
Goodwill represents the premium paid over the fair value of the net tangible and intangible assets acquired in business combinations.  The Company tests goodwill for impairment on an annual basis as of the last day of the Company's fiscal year or more frequently if events occur or circumstances change indicating that the fair value of goodwill
may
be below the carrying amount.  During the
thirteen
week period ended
April 3, 2021,
the Company reviewed the carrying value of goodwill due to the events and circumstances surrounding the COVID-
19
pandemic. While COVID-
19
has negatively impacted the Company, and the Company expects this negative impact to continue at least through the
first
half of fiscal
2021
and likely beyond, the Company did
not
conclude in such review that this negative impact is permanent. The Company has determined that
no
other indicators of impairment of goodwill existed during the
thirteen
week period ended
April 3, 2021.
As such,
no
impairment loss on the Company's goodwill during the
thirteen
week period ended
April 3, 2021
was recorded as a result of such review.
 
The carrying amount of goodwill as of
April 3, 2021
and
January 2, 2021
is as follows:
 
Engineering
    
Specialty
Health Care
    
Information
Technology
    
Total
  
$
11,918
     $
2,398
     $
2,038
     $
16,354