Short-Term Borrowings

3 Months Ended

Dec. 29, 2012

Short-term Debt [Abstract]

Short-term Debt

SHORT-TERM BORROWINGS

We have several lines of credit which allow us to borrow in the applicable local currency. We have a total of $15.8 million of unsecured foreign lines of credit as of December 29, 2012.  At December 29, 2012, we had used $2.3 million of these available foreign lines of credit as guarantees. These credit facilities were used in Europe during the first fiscal quarter of 2013.  In addition, our domestic line of credit consists of a $50.0 million unsecured revolving credit account with Union Bank of California. The agreement will expire on May 31, 2014. The line of credit is subject to covenants related to financial ratios and tangible net worth with which we are currently in compliance.  No amounts have been drawn upon our domestic line of credit as of December 29, 2012.