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Mortgage

9 Months Ended

Oct. 04, 2014

Mortgage Disclosure [Abstract]

Mortgage

Mortgage

We have a ten-year mortgage loan with German American Capital Corporation and Wells Fargo Bank. The mortgage matures July 1, 2016, and is secured by the Company's 49 distribution facilities. The stated fixed rate interest rate on the mortgage is 6.35%. Loan principal will be paid in the following increments (in thousands):

	Principal Payments
2014	$	576
2015	2,496
2016	175,044
Thereafter	—
Total	$	178,116

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- Definition

Represents the complete disclosure pertaining to short-term and long-term contractual arrangements with lenders for the Company's mortgage. The terms, including the outstanding balance, the interest rate, and principle payment schedule, are described in this footnote.

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