Debt (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Company's debt

As of December 31, 2013, we were in compliance with all terms as outlined in the credit agreements for the US Bank of America credit facility, the W.E.T. Bank of America credit facility and the DEG Loan. The following table summarizes the Company’s debt at December 31, 2013.

	Interest Rate			Principal Balance
US Term Note		2.5	%	$	24,500
Europe Term Note		2.49	%		38,899
W.E.T. Term Note		2.01	%		10,920
DEG Loan		4.25	%		5,561
Capital Leases		4.2	%		2,440
Total debt					82,320
Current portion					(21,439	)
Long-term debt, less current maturities				$	60,881

The following table summarizes the Company’s debt at December 31, 2012.

	Interest Rate			Principal Balance
US Term Note		2.06	%	$	29,312
Europe Term Note		1.8	%		4,476
W.E.T. Term Note		2.0	%		18,852
Bank of China		6.9	%		3,172
Capital Leases		5.5	%		1,140
Total debt					56,952
Current portion					(17,218	)
Long-term debt, less current maturities				$	39,734

Principal Maturities of Debt

The scheduled principal maturities of our debt as of December 31, 2013 are as follows:

Year	US Term Note		Europe Term Note		W.E.T. Term Note		DEG Loan		Capital Leases		Total
2014	$	5,687	$	7,330	$	6,700	$	—	$	1,722	$	21,439
2015		6,563		8,455		2,813		1,102		718		19,651
2016		12,250		23,114		1,407		1,102		—		37,873
2017		—		—		—		1,102		—		1,102
2018		—		—		—		1,103		—		1,103
2019		—		—		—		1,152		—		1,152
Total	$	24,500	$	38,899	$	10,920	$	5,561	$	2,440	$	82,320