DEBT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2015

DEBT OBLIGATIONS

Schedule of debt obligations

Debt obligations consisted of the following (in thousands):

		June 30, 2015		December 31, 2014
Current Borrowings
Revolving Credit Facility		$	1,000	$	—
China Credit Facility (6.4% at June 30, 2015)		1,759		1,348
Term Loan, current portion, (2.2% at June 30, 2015)	(1)	7,125		6,375
Current borrowings		$	9,884	$	7,723
Long-term Debt
Term Loan, noncurrent (2.2% at June 30, 2015)	(1)	$	33,375	$	37,125
Subordinated Notes (14.5%, 13% Cash, 1.5% PIK)		30,000		30,000
Long-term debt		$	63,375	$	67,125

(1) The effective rate of the Term Loan including the impact of the related hedges is 2.65%.

Schedule of maturities of long-term debt

Maturities of long-term debt as of June 30, 2015 are as follows (in thousands):

	Total
Remainder of 2015	$	6,134
2016	8,219
2017	10,374
2018	18,532
2019	30,000
Total	$	73,259