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Bank Credit Agreements and Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Long Term Debt By Current And Noncurrent [Abstract]  
Schedule of Line of Credit Facilities

 

2014

 

 

Outstanding at December 31,

 

Lines of Credit

 

Terms

2014

 

 

2013

 

$

92,440

 

Unsecured, interest at LIBOR plus margin, due

   quarterly

$

1,064

 

 

$

5,814

 

 

Schedule of Debt

Long-term debt – The balances as of December 31, consist of the following:

 

 

2014

 

 

2013

 

Notes payable to Taiwan bank, principal amount of TWD 158 million, variable interest (approximately 2.0% and 2.1% as of December 31, 2014 and 2013, respectively), of which TWD 132 million matures on July 6, 2021, and TWD 26 million matured July 6, 2013, secured by land and building.

 

2,074

 

 

 

2,500

 

Notes payable to Taiwan banks, variable interest between 1.8% and 2.5% as of December 31, 2013, maturity dates range from 2013 to 2023, secured by land, building and equipment.

 

-

 

 

 

2,426

 

Revolver

 

139,000

 

 

 

179,000

 

Total long-term debt

 

141,074

 

 

 

183,926

 

Less:  Current portion

 

(287

)

 

 

(1,127

)

Long-term debt, net of current portion

$

140,787

 

 

$

182,799

 

 

Schedule of Maturities of Long Term Debt

The annual contractual maturities of long-term debt at December 31, 2014 are as follows:

 

2015

 

287

 

2016

 

292

 

2017

 

298

 

2018

 

304

 

2019

 

139,310

 

Thereafter

 

583

 

Total long-term debt

$

141,074