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Short- and Long-Term Obligations (Tables)
 12 Months Ended
Jan. 03, 2015
Debt Disclosure [Abstract]  
Long-Term Obligations
Short- and long-term obligations at year-end 2014 and 2013 are as follows:
(In thousands)
 
2014
 
2013
Revolving Credit Facility, due 2018
 
$
20,000

 
$
32,260

Variable Rate Term Loan, due from 2015 to 2016
 
5,750

 
6,375

Borrowings Under Overdraft
 
111

 
—

Total Short- and Long-Term Obligations
 
25,861

 
38,635

Less: Short-Term Obligations
 
(611
)
 
(625
)
Long-Term Obligations
 
$
25,250

 
$
38,010
Annual Payment Requirements for Long-Term Obligations
The annual payment requirements for short- and long-term obligations are as follows:
(In thousands)
 
2015
$
611

2016
5,250

2017
—

2018
20,000

 
The weighted average interest rate for long-term obligations was 2.38% and 2.74% at year-end 2014 and 2013, respectively.
See Note 11 for the fair value information related to the Company's long-term obligations.