Note 6 – Long-Term Debt The following table sets forth the outstanding principal balances of the Company’s long-term debt as of the dates shown:
|
|
|
|
|
|
|
|
|
|
|
|
|
($ in thousands) |
|
November 30,
2025 |
|
|
November 30,
2024 |
|
|
August 31,
2025 |
|
Series A Senior Notes |
|
$ |
115,000 |
|
|
$ |
115,000 |
|
|
$ |
115,000 |
|
Elecsys Series 2006A Bonds |
|
|
186 |
|
|
|
434 |
|
|
|
263 |
|
Total debt |
|
|
115,186 |
|
|
|
115,434 |
|
|
|
115,263 |
|
Less current portion |
|
|
(186 |
) |
|
|
(229 |
) |
|
|
(233 |
) |
Less unamortized debt issuance costs |
|
|
(208 |
) |
|
|
(257 |
) |
|
|
(220 |
) |
Total long-term debt |
|
$ |
114,792 |
|
|
$ |
114,948 |
|
|
$ |
114,810 |
|
Principal payments on the debt are due as follows:
|
|
|
|
|
Due within |
|
$ in thousands |
|
1 year |
|
$ |
186 |
|
Thereafter |
|
|
115,000 |
|
Total debt |
|
$ |
115,186 |
|
|