Note 14 - Interest Rate Fluctuations

3 Months Ended

Mar. 31, 2012

Concentration Risk Disclosure [Text Block]

14.      Interest Rate Fluctuations

The Company is exposed to market risk related to the variable interest rate on its lines of credit, both in its United States subsidiaries (i.e., the Domestic Merchandising Services Division) and in its International (non-U.S.) subsidiaries (i.e., the International Merchandising Services Division). At March 31, 2012, the Company's outstanding lines of credit and other debt totaled approximately $1.2 million, as noted in the table below (in thousands):

Location	Variable Interest Rate (1)			US Dollars (2)
United States		4.75	%	$	678
International		0.01% -10.35	%		500
				$	1,178

(1)   Based on interest rate at March 31, 2012.

(2)   Based on exchange rate at March 31, 2012.

Based on the 2012 average outstanding borrowings under variable-rate debt, a one-percentage point increase in interest rates would negatively impact pre-tax earnings and cash flows for the three months ended March 31, 2012 by approximately $4,600.