XML 36 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
REVOLVING BANK LOAN AND LONG-TERM DEBT (Details) (USD $)
3 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended
Mar. 30, 2013
Apr. 02, 2011
Jun. 29, 2013
Mar. 30, 2013
Minimum
Jun. 29, 2013
Minimum
Nine month period ending September 28, 2013
Jun. 29, 2013
Minimum
Fiscal year ending December 28, 2013
Jun. 29, 2013
Minimum
Period ending March 29, 2014
Jun. 29, 2013
Minimum
Period Ending June 28, 2014
Jun. 29, 2013
Minimum
Period Ending June 29, 2013
Mar. 30, 2013
Maximum
Jun. 29, 2013
Maximum
Period Ending June 29, 2013
Nov. 18, 2011
Term loan
Jun. 29, 2013
Term loan
LIBOR
Jun. 29, 2013
Term loan
Prime rate
Mar. 21, 2013
Revolving credit facility
Nov. 18, 2011
Revolving credit facility
Nov. 18, 2011
Revolving credit facility
Maximum
Jun. 29, 2013
Revolving credit facility
LIBOR
Jun. 29, 2013
Revolving credit facility
Prime rate
REVOLVING BANK LOAN AND LONG-TERM DEBT                                      
Maximum revolving credit facility line                             $ 15,000,000 $ 20,000,000      
Original principal amount                       4,648,000              
Borrowings as a percentage of eligible accounts receivable                                 80.00%    
Borrowings as a percentage of eligible inventories                                 50.00%    
EBITDA requirements         1,500,000 2,500,000                          
Fixed charge coverage ratio             1.00 1.15                      
Minimum tangible net worth threshold, base amount     35,000,000                                
Minimum tangible net worth threshold, percentage of the consolidated net income     50.00%                                
Maximum balance sheet leverage ratio     1.00                                
Revolving outstandings for covenants to be tested for computation periods as regards to tangible net worth and balance sheet leverage ratio                   5,000,000 5,000,000                
Excess availability amount that allows covenant testing o be limited for computation periods to tangible net worth and balance sheet leverage ratio       5,000,000         5,000,000                    
Period after the end of each fiscal year, within which specified percentage of excess cash flow to be paid     120 days                                
Specified percentage of excess cash flow to be paid after the end of each fiscal year     50.00%                                
Annual capital expenditures, maximum     4,000,000                                
Maximum inventory borrowings     8,500,000                                
Variable interest rate base                         LIBOR prime rate       LIBOR prime rate
Percentage points added to the reference rate                         3.75% 1.50%       3.25% 1.00%
Loan to subsidiary officer $ 0 $ 352,000