PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2019

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS [Abstract]

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS

NOTE B – PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS:

Property, and plant and equipment consist of the following (in thousands):

	Estimated Useful Lives	June 30, 2019			June 24, 2018
Equipment, furniture and fixtures	3 - 7 yrs	$	867		$	1,090
Software	5 yrs		810			778
Leasehold improvements	10 yrs or lease term, if shorter		434			1,033
			2,111			2,901
Less:  accumulated depreciation/amortization			(1,611	)		(1,391	)
		$	500		$	1,510

Depreciation and amortization expense was approximately $0.5 million and $0.9 million for the fiscal years ended June 30, 2019 and June 24, 2018, respectively.

Intangible assets consist of the following (in thousands):

		June 30, 2019							June 24, 2018
	Estimated Useful Lives	Acquisition Cost		Accumulated Amortization			Net Value		Acquisition Cost		Accumulated Amortization			Net Value
Trademarks and tradenames	10 years	$	278	$	(153	)	$	125	$	264	$	(127	)	$	137
Name change	15 years		70		(21	)		49		70		(16	)		54
Prototypes	5 years		230		(208	)		22		218		(197	)		21
		$	578	$	(382	)	$	196	$	552	$	(340	)	$	212

Amortization expense for intangible assets was approximately $43 thousand and $39 thousand for the fiscal years ended June 30, 2019 and June 24, 2018, respectively.