Debt (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Debt

Debt consisted of the following at December 31 (in thousands):

	2013		2012
7.875% senior secured notes due April 15, 2019	$	250,000	$	250,000

Margin for Borrowings under Revolving Credit Facility

the applicable margin is based on average daily availability under the revolving credit facility as follows:

Level	Average Daily Availability	Base Rate Loans			LIBOR Revolver Loans
III	³ $20,000,000		0.50	%		1.50	%
II	> $10,000,000 but < $20,000,000		0.75	%		1.75	%
I	£ $10,000,000		1.00	%		2.00	%