XML 72 R49.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Outstanding Bank Lines of Credit (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Total bank lines of credit $ 1,539 $ 9,716
Outstanding letters of credit, not included above 294 280
Bank Line Of Credit One [Member]
   
Lines of Credit Balance 0 [1] 0 [1]
Bank Line Of Credit Two [Member]
   
Lines of Credit Balance 0 [2] 9,716 [2]
BankLineOfCreditThree[Member]
   
Lines of Credit Balance 1,032 [3] 0 [3]
Bank Line Of Credit Four [Member]
   
Lines of Credit Balance 507 [3],[4] 0 [3],[4]
Total [Member]
   
Total bank lines of credit 1,539 9,716
Outstanding Letters Of Credit [Member]
   
Outstanding letters of credit, not included above $ 294 $ 280
[1] Secured by all assets of KSwiss Inc., KSwiss Sales Corp. and KSwiss Direct Inc. The amount available to borrow on this line of credit at June 30, 2012 was $20,530. See further discussion below.
[2] Fully secured by cash (or the Company's restricted cash and cash equivalents and restricted investments available for sale, see Note 3). This facility was fully paid off on April 25, 2012. See further discussion below.
[3] These lines of credit are secured by Palladium's assets including accounts receivable and/or intellectual property rights (i.e. trademarks), as well as Palladium common stock.
[4] These lines of credit are renewable every six months. Subsequent to June 30, 2012, these lines of credit were renewed until December 31, 2012 and the amount available to borrow will be 1,200 (or approximately $1,519).