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Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2012
Financing Arrangements Tables  
Schedule of Debt and Credit Facilities

The Company has a variety of debt and credit facilities to satisfy the financing requirements of its operations and the countries within which it operates. These arrangements are tabulated below.

 

    All amounts are in $ thousands  
Lines of credit   December 31, 2012     December 31, 2011  
Lloyds TSB Commercial Finance     37       139  
FACTOCIC     964       329  
Bridge Bank     121       -  
Total lines of credit   $ 1,122     $ 468  

 

Long-term debt     December 31, 2012       December 31, 2011  
Lloyds TSB term loan     928       1,093  
PEM credit agreement     -       1,000  
Promissory notes payable     2,877       2,877  
Capital lease obligations     170       258  
      3,975       5,228  
Unamortized premium on debt     -       45  
      3,975       5,273  
Current portion of long-term debt     (942 )     (1,658 )
Long-term debt   $ 3,033     $ 3,615