Note 7 - Intangibles

12 Months Ended

Sep. 28, 2013

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

7. INTANGIBLES

	2013			2012
Patents and trademarks	$	2,103,647		$	2,023,060
Trade names		437,532			458,493
Non-competition agreements		191,727			200,913
Customer relationships		3,216,105			3,370,184
		5,949,011			6,052,650
Less accumulated amortization		(2,518,662	)		(2,061,763	)
Net intangibles	$	3,430,349		$	3,990,887

On December 9, 2011, we acquired, through a new wholly-owned subsidiary, substantially all of the assets of Old M.C. Healthcare and acquired intangibles of approximately $3,980,000. At September 28, 2013 and September 29, 2012 we had intangibles associated with the asset acquisition of M.C. Healthcare of trade names, non-competition agreements and customer relationships (net of accumulated amortization of $741,480 and $352,628, respectively) of $3,103,884 and $3,676,962, respectively.

In addition, we had patents and trademarks (net of accumulated amortization) of $326,465 as of September 28, 2013 and $313,925 as of September 29, 2012. The useful lives of individual patents and trademarks have been reviewed, and no material changes were required. The intangibles and the patents and trademarks are primarily associated with the medical segment.

Amortization expense for intangibles, patents and trademarks during fiscal years 2013, 2012, and 2011 was $479,247, $422,670, and $64,218, respectively. Estimated amortization expense for the next five fiscal years based on existing intangibles is as follows:

Fiscal years	Estimated Amortization Expense
2014	$	405,000
2015		372,000
2016		347,000
2017		336,000
2018		332,000