INTANGIBLE ASSETS (Tables)

3 Months Ended

Apr. 02, 2017

Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets [Table Text Block]


(in thousands)			Remaining estimated useful life (years)		Original Cost		Impairment		Accumulated Amortization		Net Book Value		Less Current Portion⁽¹⁾		Non- Current Portion
Balance at April 2, 2017
	Lease interest assets		22.8	$	1,091		---	$	(259)	$	832	$	(36)	$	796
	Liquor licenses				1,760		---		---		1,760		---		1,760

	Total			$	2,851		---	$	(259)	$	2,592	$	(36)	$	2,556


(in thousands)			Remaining estimated useful life (years)		Original Cost		Impairment		Accumulated Amortization		Net Book Value		Less Current Portion⁽¹⁾		Non- Current Portion
Balance at January 1, 2017
	Lease interest assets		23.1	$	1,417		(326)⁽²⁾	$	(249)	$	842	$	(37)	$	805
	Liquor licenses				1,810		(50)⁽³⁾		---		1,760		---		1,760

	Total			$	3,227		(376)	$	(249)	$	2,602	$	(37)	$	2,565


	⁽¹⁾The current portion is included in prepaid expenses and other current assets on the consolidated balance sheets.
	⁽²⁾Recorded in connection with the restaurant optimization.
	⁽³⁾Based upon a quantitative analysis of this intangible asset, the Company determined that the fair value of one liquor license was less than its carrying value.