Short-Term Borrowings And Current Portion Of Long-Term Debt

12 Months Ended

Dec. 27, 2015

Short-term Debt, Debt Default [Abstract]

Short-Term Borrowings And Current Portion Of Long-Term Debt

SHORT-TERM BORROWINGS AND CURRENT PORTION OF LONG-TERM DEBT

Short-term borrowings and current portion of long-term debt at December 27, 2015 and at December 28, 2014 consisted of the following:

(amounts in thousands)	December 27, 2015		December 28, 2014
Bank overdraft credit facility	$	40	$	65
Current portion of long-term debt	239		171
Total short-term borrowings and current portion of long-term debt	$	279	$	236

In March 2013, we entered into a new $2.3 million Sri Lanka term loan. Borrowings under this loan were used to pay down the Sri Lanka banking facility in the second quarter of 2013. In June 2013, in connection with the sale of our 51% interest in our Shore to Shore Sri Lanka entity, the outstanding balance of the term loan was transferred to the entity holding the non-controlling interest. The balance of the term loan at the date of transfer was $2.2 million.