XML 34 R14.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Long-Term Debt | 12 Months Ended
--- | ---
Dec. 31, 2018
Long-Term Debt [Abstract] |
Long-Term Debt | NOTE 7. LONG-TERM DEBT ﻿ Long-term debt as of December 31, 2018 and 2017, was as follows: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  | December 31,
﻿ |  | 2018 |  | 2017
﻿ |  |  |  |  |  |
﻿Revolving credit facility (a) |  | $ | 22,062 |  | $ | 20,842
﻿Other |  |  | 84 |  |  | -
﻿ |  |  | 22,146 |  |  | 20,842
﻿Less current portion |  |  | (41) |  |  | -
﻿ |  | $ | 22,105 |  | $ | 20,842
﻿
| (a) |  | As of December 31, 2018, the Company had drawn $22,062 on the approximately $48,000 of the revolving commitment that was available under the Credit Agreement (as defined below) with JPMorgan Chase Bank, N.A., with a maturity date of June 27, 2022. Approximately $26,000 was still available to borrow at December 31, 2018. The Company pays interest monthly on any borrowings on the Credit Agreement at London Inter-bank Offered Rate (“LIBOR”) plus 1.5% (3.8493% as of December 31, 2018), and an annual commitment fee of .25% on the unused portion of the commitment. The Company previously paid interest on the Terminated Credit Agreement (as defined below) at LIBOR plus 3.0% (4.3607% at December 31, 2017).
﻿ On June 27, 2018, the Company entered into an asset based revolving Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. Concurrent with entering into the Credit Agreement, the Company terminated and satisfied in full its revolving credit agreement (the “Terminated Credit Agreement”) with ZB, N.A. dba Zions First National Bank. ﻿ All obligations under the Credit Agreement are secured by the accounts receivable, inventory, intellectual property and certain other assets of the Company. The Credit Agreement contains restrictions on the Company’s ability to pay dividends based on the amount the Company has available to borrow. The Credit Agreement includes customary affirmative and negative covenants, including financial covenants relating to the Company’s fixed charge coverage ratio. The Company was in compliance with the debt covenants set forth in the Credit Agreement as of December 31, 2018. ﻿ The aggregate maturities of the revolving credit facility for the years subsequent to December 31, 2018 are as follows: ﻿ ﻿
﻿ |  |  |
﻿2019 |  | $ | 41
﻿2020 |  |  | 43
﻿2021 |  |  | -
﻿2022 |  |  | 22,062
﻿Total future long-term debt payments |  |  | 22,146
﻿Less current portion |  |  | (41)
﻿Long-term debt obligations |  | $ | 22,105
﻿ |  |  |
﻿

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration