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Bank Borrowings and Capital Lease Obligations (Tables)
12 Months Ended
Dec. 31, 2012
Bank Borrowings And Capital Lease Obligations [Abstract]  
Bank Borrowings And Capital Lease Obligations

 

 

 

 

 

 

 

 

 

December 31,

($ thousands)

 

2012

 

2011

Bank borrowings

 

$

6,582 

 

$

 -

Revolving credit facility

 

 

 -

 

 

422 

Capital lease obligations for capitalized software bearing interest rates ranging from 8.7% to 12.4% and maturities through 2011

 

 

 -

 

 

640 

Capital lease obligations for equipment bearing interest rates of 5.3% and maturities through 2017

 

 

53 

 

 

81 

Total bank borrowings and capital lease obligations

 

$

6,635 

 

$

1,143 

 

Schedule of Maturities of Long-Term Debt

 

 

 

Fiscal years ending December 31,

 

 

2013

$

2,013 

2014

 

1,623 

2015

 

1,666 

2016

 

1,280 

2017

 

 -

Thereafter

 

 -

Total principal debt maturities

$

6,582 

 

Future Minimum Annual Rental Commitments under Capital Leases

 

 

 

Fiscal years ending December 31,

 

 

2013

$

27 

2014

 

14 

2015

 

2016

 

2017

 

Thereafter

 

 -

Total mimimum lease payments, including interest

 

57 

Amounts representing interest

 

(4)

Total mimimum lease payments, net of interest

$

53 

Current portion

$

26 

Noncurrent portion

$

27