XML 47 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Debt Disclosure [Abstract] |
Amounts borrowed under credit agreement | The following amounts were borrowed under the credit agreement:
Borrowing proceeds on August 7, 2014 |  | Currency Borrowed |  |  | US Dollars |
US Term Loan |  | $ | 50,000 |  |  | $ | 50,000 |
US Revolving Note |  | C$ | 15,000 |  |  |  | 13,695 |
Europe Term Loan |  | € | 20,000 |  |  |  | 26,730 |
Summary of Company's Debt | The following table summarizes the Company’s debt at December 31, 2014.
| Interest Rate |  |  | Principal Balance |
Credit Agreement: |  |  |  |  |  |  |
US Term Loan |  | 2.00 | % |  | $ | 49,375 |
Europe Term Loan |  | 1.81 | % |  |  | 23,963 |
US Revolving Note |  | 1.92 | % |  |  | 12,000 |
DEG Loan |  | 4.25 | % |  |  | 4,805 |
Capital lease |  | 4.20 | % |  |  | 632 |
Total debt |  |  |  |  | $ | 90,775 |
Current portion |  |  |  |  |  | (5,306 | )
Long-term debt, less current maturities |  |  |  |  | $ | 85,469 |
The following table summarizes the Company’s debt at December 31, 2013.
| Interest Rate |  |  | Principal Balance |
Old Credit Agreements: |  |  |  |  |  |  |
US Term Note |  | 2.50 | % |  |  | 24,500 |
Europe Term Note |  | 2.49 | % |  |  | 38,899 |
W.E.T. Term Note |  | 2.01 | % |  |  | 10,920 |
DEG Loan |  | 4.25 | % |  |  | 5,561 |
Capital lease |  | 4.20 | % |  |  | 2,440 |
Total debt |  |  |  |  |  | 82,320 |
Current portion |  |  |  |  |  | (21,439 | )
Long-term debt, less current maturities |  |  |  |  | $ | 60,881 |
Principal Maturities of Debt | The scheduled principal maturities of our debt as of December 31, 2014 is as follows:
Year |  | US Term Loan |  |  | Europe Term Loan |  |  | U.S. Revolving Note |  |  | DEG Loan |  |  | Capital Lease |  |  | Total |
2015 |  | $ | 2,500 |  |  | $ | 1,213 |  |  | $ | — |  |  | $ | 961 |  |  | $ | 632 |  |  | $ | 5,306 |
2016 |  |  | 2,812 |  |  |  | 1,365 |  |  |  | — |  |  |  | 961 |  |  |  | — |  |  |  | 5,138 |
2017 |  |  | 3,750 |  |  |  | 1,820 |  |  |  | — |  |  |  | 961 |  |  |  | — |  |  |  | 6,531 |
2018 |  |  | 4,063 |  |  |  | 1,972 |  |  |  | — |  |  |  | 961 |  |  |  | — |  |  |  | 6,996 |
2019 |  |  | 36,250 |  |  |  | 17,593 |  |  |  | 12,000 |  |  |  | 961 |  |  |  | — |  |  |  | 66,804 |
Total |  | $ | 49,375 |  |  | $ | 23,963 |  |  | $ | 12,000 |  |  | $ | 4,805 |  |  | $ | 632 |  |  | $ | 90,775 |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration