Bank Borrowings and Capital Lease Obligations (Tables)

9 Months Ended

Sep. 30, 2013

Bank Borrowings And Capital Lease Obligations [Abstract]

Bank Borrowings And Capital Lease Obligations

	September 30,		December 31,
($ thousands)	2013		2012
Bank borrowings(1)	$	13,529	$	6,582
Capital lease obligations for equipment bearing interest rates ranging from 5.3% to 73.3% and maturities through 2016		78		53
Total bank borrowings and capital lease obligations	$	13,607	$	6,635

⁽¹⁾Bank borrowings represent the outstanding debt balance related to four separate notes payable issued by PNC Equipment Finance, LLC (“PNC”) for our new ERP implementation. The notes bear interest rates ranging from 2.45% to 2.79% and maturities ranging from September 2016 to June 2017. Interest rates and payment terms are subject to change as further financing occurs.