XML 45 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Obligations (Tables)
12 Months Ended
Dec. 28, 2013
Long-Term Obligations [Abstract]  
Long-term obligations
Long-term obligations at year-end 2013 and 2012 are as follows:

(In thousands)
 
2013
  
2012
 
Revolving Credit Facility, due 2018
 
$
32,260
  
$
 
Variable Rate Term Loan, due from 2014 to 2016
  
6,375
   
6,875
 
Total Long-Term Obligations
  
38,635
   
6,875
 
Less: Current Maturities
  
(625
)
  
(625
)
Long-Term Obligations, less Current Maturities
 
$
38,010
  
$
6,250
 

Annual payment requirements for long-term obligations
The annual payment requirements for long-term obligations are as follows:

(In thousands)
 
 
 
2014
 
$
625
 
2015
  
500
 
2016
  
5,250
 
2017
  
-
 
2018
  
32,260
 
 
The weighted average interest rate for long-term obligations was 2.74% and 6.38% at year-end 2013 and 2012, respectively.
See Note 11 for the fair value information related to the Company's long-term obligations.