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DEBT

6 Months Ended

Jul. 03, 2011

NOTE G — DEBT

Long-term debt

Long-term debt consists of the following:


	July 3, 2011		December 31, 2010
Note payable to Chairman, payable in monthly installments of $5 beginning April 1, 2010, with outstanding balance payable at maturity date of February 28, 2012, plusinterest at the greater of 5% or the prime rate (3.25% at July 3, 2011 and December 31, 2010) plus 2%, secured by a subordinated interest in substantially all assets owned by the Company	$	2,079	$	2,079

Note payable to former members of 3-D Service, Ltd. (BDeWees, Inc.) due November 30, 2011, plus interest at 12% at July 3, 2011 and at December 31, 2010, secured by asubordinated interest in machinery and equipment of 3-D Services, Ltd.		2,000		2,000

Note payable to former members of 3-D Service, Ltd. (XGen III, Ltd.) due November 30, 2011, plus interest at 12% at July 3, 2011 and at December 31, 2010, secured bya subordinated interest in machinery and equipment and inventory of 3-D Services, Ltd.		2,000		2,000

Note payable to bank in monthly installments of $52 through June 30, 2011 beginning February 1, 2011, plus interest currently at Daily Three Month LIBOR (0.30% and 0.31%at July 3, 2011 and December 31, 2010, respectively) plus 8.25%, secured by inventory and substantially all machinery and equipment (see Note G, Senior Credit Facility)		41		322

Note payable to bank in monthly installments of $3 through November 16, 2014, plus interest at 8% secured by a security interest in certain equipment		109		123

Capital lease obligations		992		1,009

		7,221		7,533
Less: current portion		4,241		4,490


	$	2,980	$	3,043

At July 3, 2011 and December 31, 2010, debt totaling $107 and $122 was classified asheld-for-sale, reported as Rail Services for segment reporting purposes (See Note C, Discontinued and Held-for-Sale Operations).

Aggregate maturities of long-term debt for the periods subsequent to July 3, 2011 on a calendar year basis are as follows:


Years Ending December 31,	Amount
2011	$	4,178
2012		2,072
2013		914
2014		57

	$	7,221

Following is a summary of interest expense for the three and six months ended July 3, 2011 andJuly 4, 2010:


	Three Months Ended				Six Months Ended
	July 3, 2011		July 4, 2010		July 3, 2011		July 4, 2010
Interest expense on principal	$	256	$	184	$	510	$	366

Amortization of debt issue costs		—		3		—		7

Amortization of debt discount — revolving notes payable		—		22		—		45


	$	256	$	209	$	510	$	418

For the three months ended July 3, 2011 and July 4, 2010, interest expense of $2and $1, respectively and for the six months ended July 3, 2011 and July 4, 2010, interest expense of $4 and $5 was attributable to the Company’s discontinued operations and recorded within Income from Discontinued Operations on theCondensed Consolidated Income Statements.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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