DEBT OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2016

DEBT OBLIGATIONS

Schedule of debt obligations

Debt obligations consisted of the following (in thousands):

		September 30, 2016			December 31, 2015
Current Borrowings
Revolving Credit Facility		$	7,167		$	—
China Credit Facility (6.4% at September 30, 2016)		1,563			1,641
Term Loan, current portion, (2.5% at September 30, 2016)	(1)	10,375			8,219
Current borrowings		$	19,105		$	9,860
Long-term Debt
Term Loan, noncurrent (2.5% at September 30, 2016)	(1)	$	21,126		$	28,906
Subordinated Notes (14.5%, 13% Cash, 1.5% PIK)		30,000			30,000
Unamortized debt issuance costs		(1,066		)	(1,388		)
Long-term debt		$	50,060		$	57,518

(1) The effective rate of the Term Loan including the impact of the related hedges is 2.82%.

Schedule of maturities of long-term debt

	Total
Remainder of 2016	$	11,325
2017	10,374
2018	48,532
Total	$	70,231