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Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Company's Debt The following table summarizes the Company’s debt at December 31, 2018.

 

 

Interest
Rate

 

 

Principal
Balance

 

Credit Agreement:

 

 

 

 

 

 

 

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

 

4.02

%

 

$

122,000

 

U.S. Revolving Note (Euro Denominations)

 

1.50

%

 

$

5,727

 

DEG China Loan

 

4.25

%

 

 

913

 

DEG Vietnam Loan

 

5.21

%

 

 

11,250

 

Total debt

 

 

 

 

$

139,890

 

Current portion

 

 

 

 

 

(3,413

)

Long-term debt, less current maturities

 

 

 

 

$

136,477

 

The following table summarizes the Company’s debt at December 31, 2017.

 

 

Interest
Rate

 

 

Principal
Balance

 

Credit Agreements:

 

 

 

 

 

 

 

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

 

3.07

%

 

 

129,000

 

DEG China Loan

 

4.25

%

 

 

1,919

 

DEG Vietnam Loan

 

5.21

%

 

 

13,750

 

Total debt

 

 

 

 

$

144,669

 

Current portion

 

 

 

 

 

(3,460

)

Long-term debt, less current maturities

 

 

 

 

$

141,209

 

Principal Maturities of Debt

The scheduled principal maturities of our debt as of December 31, 2018 is as follows:

Year

 

U.S.
Revolving
Note

 

 

DEG China Loan

 

 

DEG Vietnam Loan

 

 

Total

  

2019

 

$

 

 

$

913

 

 

$

2,500

 

 

$

3,413

 

2020

 

 

 

 

 

 

 

 

2,500

 

 

 

2,500

 

2021

 

 

127,727

 

 

 

 

 

 

2,500

 

 

 

130,227

 

2022

 

 

 

 

 

 

 

 

2,500

 

 

 

2,500

 

2023

 

 

 

 

 

 

 

 

1,250

 

 

 

1,250

 

Total

 

$

127,727

 

 

$

913

 

 

$

11,250

 

 

$

139,890