Note 2 - Acquisition (Tables)

3 Months Ended

Apr. 02, 2017

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash	$	1,304
Accounts Receivable		1,344
Inventory		2,167
Prepaids and Other Current Assets		584
Property, Plant & Equipment		269
Identifiable Intangible Assets		4,374
Goodwill		4,487
Accounts Payable		(1,009	)
Accrued Expenses		(1,136	)
Income Taxes Payable		(111	)
Non-Current Liabilities		(209	)
Deferred Income Taxes		(74	)
Deferred Income Taxes on Intangible Assets		(829	)
Total Consideration	$	11,161

Business Acquisition, Pro Forma Information [Table Text Block]

	Three Months Ended
	March 27, 2016
Revenue	$	20,833
Operating income	$	775
Net income attributable to Ultralife	$	607
Earnings per share:
Basic	$	.04
Diluted	$	.04