XML 30 R19.htm IDEA: XBRL DOCUMENT v3.4.0.3
Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Summary of Company's Debt

The following table summarizes the Company’s debt at March 31, 2016 and at December 31, 2015.

 

 

March 31, 2016

 

  

December 31,
2015

 

 

Interest
Rate

 

 

Principal
Balance

 

  

Principal
Balance

 

Credit Agreement:

 

 

 

 

 

 

 

 

 

 

 

U.S. Term Loan

 

 

 

 

$

 

 

$

46,875

 

Europe Term Loan

 

 

 

 

 

 

 

 

20,369

 

Revolving Note (U.S. Dollar Denominations)

 

1.97

%

 

 

133,875

 

 

 

12,000

 

Revolving Note (Euro Denominations)

 

1.50

%

 

 

21,370

 

 

 

 

DEG China Loan

 

4.25

%

 

 

3,191

 

 

 

3,497

 

DEG Vietnam Loan

 

5.21

%

 

 

15,000

 

 

 

15,000

 

Total debt

 

 

 

 

 

173,436

 

 

 

97,741

 

Current portion

 

 

 

 

 

(912

)

 

 

(4,909

)

Long-term debt, less current maturities

 

 

 

 

$

172,524

 

 

$

92,832

 

 

Principal Maturities of Debt

The scheduled principal maturities of our debt as of March 31, 2016 is as follows:

 

Year

 

Revolving
Note       (U.S. Dollar)

 

 

Revolving
Note       (Euro)

 

 

DEG
China
Note

 

 

DEG
Vietnam
Note

 

 

Total

  

2016

 

$

 

 

$

 

 

$

456

 

 

$

 

 

$

456

 

2017

 

 

 

 

 

 

 

 

911

 

 

 

1,250

 

 

 

2,161

 

2018

 

 

 

 

 

 

 

 

912

 

 

 

2,500

 

 

 

3,412

 

2019

 

 

 

 

 

 

 

 

912

 

 

 

2,500

 

 

 

3,412

 

2020

 

 

 

 

 

 

 

 

 

 

 

2,500

 

 

 

2,500

 

2021

 

 

133,875

 

 

 

21,370

 

 

 

 

 

 

2,500

 

 

 

157,745

 

Thereafter

 

 

 

 

 

 

 

 

 

 

 

3,750

 

 

 

3,750

 

Total

 

$

133,875

 

 

$

21,370

 

 

$

3,191

 

 

$

15,000

 

 

$

173,436