LONG-TERM DEBT	3 Months Ended
Mar. 30, 2013
LONG-TERM DEBT
LONG-TERM DEBT	NOTE 5 — LONG-TERM DEBT *Revolving Line of Credit* On December 19, 2012, the Company entered into a revised Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank (the “Lender” and the “Administrative Agent”). Under the terms of the Credit Agreement, Lender agrees to provide to the Company a revolving line of credit of up to $45.0 million. The term of this revolving line of credit is for a period ending on December 19, 2017. As of March 30, 2013, the outstanding balance under the Credit Agreement was $14.8 million and the Company had unused credit capacity of $30.2 million. Interest on outstanding borrowings under the Credit Agreement was based on the Lender’s prime rate or LIBOR depending on the pricing option selected and the Company’s leverage ratio (as defined in the Credit Agreement) resulting in an effective rate of 3.75% at March 30, 2013. Pursuant to the terms of the Credit Agreement, the Company, Administrative Agent, and one or more Lenders (if there are additional lenders other than the initial Lender) intended to establish a secured term loan facility which (i) must be secured by real property and improvements reasonably satisfactory to Administrative Agent, and (ii) must provide, pursuant to documentation in form and substance reasonably satisfactory to Administrative Agent, for one or more term loan commitments to make one or more term loans in an aggregate original principal amount of at least $10.0 million. If the parties to the Credit Agreement did not establish the secured term loan facility before March 29, 2013, then the revolving credit commitment was to be permanently reduced by $10.0 million effective as of March 29, 2013. However, an amendment was entered into, effective as of March 29, 2013, extending the date to establish the secured facility and avoid the revolving credit commitment reduction until April 30, 2013. Effective April 29, 2013, the Company and the Lender entered into a $10.0 million secured term loan facility, payable in quarterly installments of $166,667 commencing on June 28, 2013, plus interest at the Lender’s prime rate or LIBOR (as defined in the Credit Agreement), through maturity on December 19, 2017.

NOTE 5 — LONG-TERM DEBT

Revolving Line of Credit

On December 19, 2012, the Company entered into a revised Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank (the “Lender” and the “Administrative Agent”). Under the terms of the Credit Agreement, Lender agrees to provide to the Company a revolving line of credit of up to $45.0 million. The term of this revolving line of credit is for a period ending on December 19, 2017. As of March 30, 2013, the outstanding balance under the Credit Agreement was $14.8 million and the Company had unused credit capacity of $30.2 million. Interest on outstanding borrowings under the Credit Agreement was based on the Lender’s prime rate or LIBOR depending on the pricing option selected and the Company’s leverage ratio (as defined in the Credit Agreement) resulting in an effective rate of 3.75% at March 30, 2013.

Pursuant to the terms of the Credit Agreement, the Company, Administrative Agent, and one or more Lenders (if there are additional lenders other than the initial Lender) intended to establish a secured term loan facility which (i) must be secured by real property and improvements reasonably satisfactory to Administrative Agent, and (ii) must provide, pursuant to documentation in form and substance reasonably satisfactory to Administrative Agent, for one or more term loan commitments to make one or more term loans in an aggregate original principal amount of at least $10.0 million. If the parties to the Credit Agreement did not establish the secured term loan facility before March 29, 2013, then the revolving credit commitment was to be permanently reduced by $10.0 million effective as of March 29, 2013. However, an amendment was entered into, effective as of March 29, 2013, extending the date to establish the secured facility and avoid the revolving credit commitment reduction until April 30, 2013. Effective April 29, 2013, the Company and the Lender entered into a $10.0 million secured term loan facility, payable in quarterly installments of $166,667 commencing on June 28, 2013, plus interest at the Lender’s prime rate or LIBOR (as defined in the Credit Agreement), through maturity on December 19, 2017.