Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v2.4.0.8
Debt (Tables)
 9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Summary of Revolver Based upon Company's Eligible Accounts Receivable and Inventory

The availability under the Revolver is based upon the Company’s eligible accounts receivable and eligible inventory and is broken down as follows (in thousands):

 

     September 30,
2014 		    December 31,
2013 		 

Revolver:

     

Gross Availability

    $ 6,685      $ 5,900   

Outstanding Draws

      (2,974 )      —     

Letter of Credit

      (161 )      —     
  

 

 

    

 

 

  

Availability on Revolver

    $ 3,550      $ 5,900   
  

 

 

    

 

 

  
Summary of Future Maturities of Loans and Capital Leases

The Company had approximate future maturities of loans and capital leases as of September 30, 2014 as follows (in thousands):

 

     Remainder
of 2014 		     2015      2016      2017      Total  

Term Loans

    $ 600       $ 2,400       $ 17,688       $ —         $ 20,688   

Revolver

      —           —           2,974         —           2,974   

Capital Leases

      453         1,846         1,454         454         4,207   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 1,053       $ 4,246       $ 22,116       $ 454       $ 27,869   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
Summary of Company's Current and Long-Term Debt (Including Capital Leases)

The following is a breakdown of the Company’s current and long-term debt (including capital leases) as of September 30, 2014 and December 31, 2013 (in thousands):

 

September 30, 2014

     

December 31, 2013

  
     Current
Portion of
Long-Term
Debt		      Long-Term
Debt		      Total           Current
Portion of
Long-Term
Debt		      Long-Term
Debt		      Total  
Term Loans    $ 2,400       $ 18,288       $ 20,688       Term Loans    $ 4,064       $ 19,931       $ 23,995   
Revolver      —           2,974         2,974       Revolver      —           —           —     
Capital Leases      1,838         2,369         4,207       Capital Leases      1,054         1,678         2,732   
  

 

 

     

 

 

     

 

 

        

 

 

     

 

 

     

 

 

  
Total    $ 4,238       $ 23,631       $ 27,869       Total    $ 5,118       $ 21,609       $ 26,727