Annual report pursuant to Section 13 and 15(d)

Note 13 - Subsequent Events

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Note 13 - Subsequent Events
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Subsequent Events [Text Block]
13.
Subsequent Events
 
On
February 5, 2019,
the Company entered into the
fifth
amendment to its Credit Agreement (the “Fifth Amendment”) with JPMorgan Chase Bank, N.A., as lender, which amends the Credit Agreement among the Company and the lender. The Fifth Amendment amended the Credit Agreement to, among other things, (
1
) increase our Equipment Line, (
2
) revise the definition of earnings before interest, taxes, depreciation and amortization to include additional add-back adjustments for the years ended
December 31, 2018
and
2019,
(
3
) revise the definition of fixed charge coverage ratio for the year ended
December 31, 2019
to include an unfinanced portion of capital expenditures, (
4
) revise the Credit Agreement’s maximum permitted indebtedness to finance the acquisition, construction or improvement of any fixed or capital assets and (
5
) revise maximum leverage ratio for each of the quarters
December 31, 2018
to
December 31, 2019.