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7. Long Term Debt
3 Months Ended
May 05, 2013
Long-term Debt [Text Block]
7.           Long Term Debt

As of May 5, 2013, we had an aggregate $13.2 million available under our $15.0 million revolving credit facility to fund working capital needs.  Standby letters of credit in the aggregate amount of $1.8 million, used to collateralize certain insurance arrangements and for imported product purchases, were outstanding under our revolving credit facility as of May 5, 2013.  There were no additional borrowings outstanding under the revolving credit facility on May 5, 2013.  Any principal outstanding under the revolving credit facility is due July 31, 2013. We are currently in negotiations to extend or replace our credit facility and expect to have a new agreement in place before the expiration of our current loan agreement on July 31, 2013.