Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Long-term Debt (Tables)

v3.7.0.1
Note 6 - Long-term Debt (Tables)
 6 Months Ended
Jun. 30, 2017
Notes Tables  
Schedule of Long-term Debt Instruments [Table Text Block]
(Amounts in Thousands)
  
June 30,
2017
    
December 31,
2016
  
Revolving Credit
facility dated October 31, 2011, as amended, borrowings based upon
eligible accounts receivable, subject to monthly borrowing base calculation, balance due
March 24, 2021. Effective interest rate for the first six months of 2017 was 4.4%.
(1)
   $
—
 
   $
3,803
 
Term Loan
dated October 31, 2011, as amended, payable in equal monthly installments of
principal of $102, balance due on March 24, 2021. Effective interest rate for first six months
of 2017 was 4.4%.
(1) (2)
    
4,439
 (3)
    
5,030
 (3)
Total debt
    
4,439
 
    
8,833
 
Less current portion of long-term debt
    
1,184
 
    
1,184
 
Long-term debt
   $
3,255
 
   $
7,649