AMORTIZABLE INTANGIBLE ASSETS

3 Months Ended

Apr. 02, 2016

AMORTIZABLE INTANGIBLE ASSETS

AMORTIZABLE INTANGIBLE ASSETS

9.    Identifiable amortizable intangible assets as of April 2, 2016 include a restrictive land covenant and customer relationships. At April 2, 2016, these assets were collectively carried at  $10,000, net of $710,000 accumulated amortization. The pre-tax amortization expense for intangible assets during each of the quarters ended April 2, 2016 and April 4, 2015 was $11,000.

Based upon the intangible assets recorded on the balance sheet at April 2, 2016, amortization expense for the next five years is estimated to be as follows:2016 – $21,000andzerothereafter.