Long-term debt (Tables)

6 Months Ended

Jun. 30, 2012

Long-Term Debt [Abstract]

Components of long-term indebtedness

The components of long-term indebtedness are as follows:

	June 30,			December 31,
(in thousands)		2012			2011
Construction loan dated July 2011; LIBOR plus 3%, due July 2017	$	30,000		$	26,095
Equipment loan dated August 2011; variable, due December 2017		8,935			1,426
Term loan dated December 2009; three month LIBOR plus 3.25%, due December 2014		18,958			19,717
Term loan dated November 2009; three month LIBOR plus 3.25%, due November 2014		4,304			4,478
Loan dated October 2004; 3.0%, repaid in March 2012		-			2,500
Term loan dated October 2004; 3.48%, repaid in March 2012		-			5,238
Total long-term indebtedness		62,197			59,454
Less current portion of long-term indebtedness		(4,057	)		(5,360	)
Noncurrent portion of long-term indebtedness	$	58,140		$	54,094