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INTANGIBLE ASSETS | 9 Months Ended
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Sep. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | INTANGIBLE ASSETS Intangible assets are stated net of accumulated amortization of $47.8 million and $44.3 million at September 27, 2020 and December 29, 2019, respectively. During the thirty-nine week periods ended September 27, 2020, the Company added software assets of $150,794 and reclassified $976,954 from property and equipment related to the information technology improvement project. Amortization expense for the fiscal years are comprised of following:
|  | Thirteen Weeks Ended |  | Thirty-nine Weeks Ended
|  | September 27, 2020 |  | September 29, 2019 |  | September 27, 2020 |  | September 29, 2019
Client partner lists |  | $ | 918,349 |  |  | $ | 881,525 |  |  | $ | 3,009,370 |  |  | $ | 2,671,149 |
Covenant not to compete |  | 66,395 |  |  | 39,936 |  |  | 202,479 |  |  | 124,436 |
Acquisition intangibles |  | 984,744 |  |  | 921,461 |  |  | 3,211,849 |  |  | 2,795,585 |
Computer software - amortization expense |  | 79,486 |  |  | 71,019 |  |  | 264,567 |  |  | 228,796 |
Amortization expense |  | 1,064,230 |  |  | 992,480 |  |  | 3,476,416 |  |  | 3,024,381 |
Computer software - selling, general and administrative expense |  | 18,823 |  |  | 19,490 |  |  | 56,466 |  |  | 44,382 |
Total expense |  | $ | 1,083,053 |  |  | $ | 1,011,970 |  |  | $ | 3,532,882 |  |  | $ | 3,068,763 |
As a result of the certain business developments and changes in the Company's long-term projections, during second quarter 2020, the Company concluded a triggering event had occurred that required an interim impairment assessment to be performed (see Note 2). In the Professional segment, the Company recognized a $3.7 million trade name impairment loss and a $3.5 million client partner list impairment loss during the thirty-nine week periods ended September 27, 2020.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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