XML 19 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
DEBT
9 Months Ended
Jan. 28, 2012
DEBT [Abstract]  
Debt Disclosure [Text Block]
DEBT AND CREDIT AGREEMENT
 
On February 25, 2011, we entered into an Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, and certain other financial institutions, which amends and restates our previous credit facility and extends the maturity to February 25, 2016. The new credit facility is in the aggregate principal amount of $75,000, with an option to increase the principal amount by an additional $25,000 subject to customary conditions and approval of the lender(s) providing new commitment(s). The new credit facility provides for variable rates of interest based on the type of borrowing and the Company's debt to EBITDA financial ratio. The Amended and Restated Credit Agreement is guaranteed by certain of our U.S. subsidiaries. At January 28, 2012, we were in compliance with the covenants of the agreement. During the first nine months of fiscal 2012, we had borrowings of $39,500 and interest payments of $205 for the three months ended January 28, 2012 and $485 for the nine months ended January 28, 2012. As of January 28, 2012, there were outstanding balances due against the credit facility of $39,500.