Long-Term Debt and Credit Arrangements (Tables)

12 Months Ended

Mar. 31, 2017

Summary of maximum credit available to the company on a periodic basis

The facility provides for a revolving line of credit under which the maximum credit available to the Company at any one time automatically adjusts upwards and downwards on a periodic basis among “low”, “medium” and “high” levels (each a “Commitment Level”), as follows:



Commitment Period Description	Commitment Period Time Frame	Commitment Level
Low	February 1 to June 30 (5 months)	$50,000,000
Medium	July 1 to October 31 (4 months)	$100,000,000
High	November 1 to January 31 (3 months)	$150,000,000

Schedule of future minimum capital lease payments

The Company leases certain equipment under capital leases. The future minimum annual lease payments, including interest, associated with the capital lease obligations are as follows (in thousands):



2018	$	86
2019	82
2020	79
2021	45
2022	1
Total minimum lease obligations	293
Less amount representing interest at 4.89%	(24		)
Present value of future minimum lease obligations	$	269

Schedule of long term debt maturities

Long-term debt, including capital lease obligations, mature as follows as of March 31, 2017 (in thousands):



2018	$	220
2019	228
2020	182
2021	45
2022	1
Total	$	676