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Subsequent Events
3 Months Ended
Mar. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE T – SUBSEQUENT EVENTS

On April 1, 2019, the Company acquired MICOS Telcom s.r.o (“Micos Telcom”) headquartered in Prostějov, Czech Republic.  The acquisition is not considered material as assets acquired are less than 5% of the Company’s total consolidated assets.  The acquisition of MICOS Telcom will strengthen the Company’s position in the global telecom market and will also expand its operational presence in Europe.    

On April 25, 2019, the Company borrowed $8.0 million U.S. dollars on behalf of its Indonesian subsidiary at a rate of 3.501% with a term expiring on April 30, 2024.  For further information regarding this debt, refer to Exhibit 10.1, Term Note dated April 25, 2019 between the Company and PNC Bank, National Association and Exhibit 10.2, Joinder and Amendment No. 5 to Amended and Restated Loan Agreement dated April 25, 2019 between the Company and PNC Bank, National Association.