INDEBTEDNESS (Tables)

9 Months Ended

Sep. 25, 2015

INDEBTEDNESS [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following (amounts in thousands):

	September 25, 2015			December 31, 2014
Revolving loans payable under the BMO Credit Agreement	$	26,342		$	21,967
Second Lien term loan payable under the VPM Credit Agreement		24,462			-
Total debt		50,804			21,967
Less revolving loans, classified as current		(26,342	)		(21,967	)
Less current maturities		(600	)		-
Long-term debt	$	23,862		$	-

Scheduled Maturities of Term Loan

Aggregate remaining scheduled maturities of the Term Loan as of September 25, 2015 are as follows (amounts in thousands):

2016	$	600
2017		2,400
2018		2,400
2019		19,062
Total	$	24,462