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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Company's Debt

The following table summarizes the Company’s debt as of June 30, 2022 and December 31, 2021:

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

Interest
Rate

 

 

Principal
Balance

 

 

Interest
Rate

 

 

Principal
Balance

 

Credit Agreement:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Revolving Note (U.S. Dollar denominations)

 

 

2.42

%

 

$

35,000

 

 

 

1.35

%

 

$

35,000

 

U.S. Revolving Note (Euro denominations)

 

 

 

 

 

 

 

 

 

 

 

 

DEG Vietnam Loan

 

 

5.21

%

 

 

2,500

 

 

 

5.21

%

 

 

3,750

 

Total debt

 

 

 

 

 

37,500

 

 

 

 

 

 

38,750

 

Current maturities

 

 

 

 

 

(2,500

)

 

 

 

 

 

(2,500

)

Long-term debt, less current maturities

 

 

 

 

$

35,000

 

 

 

 

 

$

36,250

 

Principal Maturities of Debt

The scheduled principal maturities of our debt as of June 30, 2022 were as follows:

 

 

DEG
Vietnam
Note

 

 

U.S.
Revolving
Note

 

 

Total

 

2022

 

$

1,250

 

 

$

 

 

$

1,250

 

2023

 

 

1,250

 

 

 

 

 

 

1,250

 

2024

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

2027

 

 

 

 

 

35,000

 

 

 

35,000

 

Total

 

$

2,500

 

 

$

35,000

 

 

$

37,500