Note 7 - Intangible Assets

12 Months Ended

Oct. 03, 2026

Notes to Financial Statements

Intangible Asset [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 October 3, 2026:
Customer relationships			18.7			$	21,455			$	(7,863	)		$	13,592
Developed technology and know-how			20.0				1,800				(1,088	)			712
Non-competition agreements			4.0				930				(450	)			480
Patents			7.0				200				(56	)			144
Total						$	24,385			$	(9,457	)		$	14,928

As of September 27, 2025:
Customer relationships			18.7			$	21,455			$	(6,614	)		$	14,841
Developed technology and know-how			20.0				1,800				(997	)			803
Non-competition agreements			4.1				990				(276	)			714
Trade name			1.0				350				(329	)			21
Patents			7.0				200				(26	)			174
Total						$	24,795			$	(8,242	)		$	16,553

Amortization expense for intangibles was $1.6 million in 2026, $1.9 million in 2025 and $749,000 in 2024. Amortization expense for the next five years is $1.3 million in 2027, $1.3 million in 2028, $1.1 million in 2029, $1.1 million in 2030 and $1.1 million in 2031.