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Borrowings (Tables)
12 Months Ended
Dec. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Funded Debt to Adjusted Ratio Percentage [Table Text Block]
Applicable Rate means the applicable rate per annum set forth below, based upon Escalade’s Funded Debt to Adjusted Ratio as of the most recent determination date:
  
Funded Debt to
Adjusted EBITDA
Ratio
 
Revolving
Eurodollar
Borrowing
 
Term
Eurodollar
Borrowing
 
ABR 
Revolving 
Borrowing
 
ABR Term 
Borrowing
 
Letter of 
Credit Fee
 
Commitment
 Fee
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Category 1
 
 
2.50
%
 
2.75
%
 
0.50
%
 
0.75
%
 
2.50
%
 
0.45
%
Greater than or equal to 2.50 to 1.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Category 2
 
 
2.25
%
 
2.50
%
 
0.25
%
 
0.50
%
 
2.25
%
 
0.40
%
Greater than or equal to 2.25 to 1.0 but less than 2.50 to 1.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Category 3
 
 
2.00
%
 
2.25
%
 
0.00
%
 
0.25
%
 
2.00
%
 
0.35
%
Greater than or equal to 2.00 to 1.0 but less than 2.50 to 1.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Category 4
 
 
1.75
%
 
2.00
%
 
(0.25)
%
 
0.00
%
 
1.75
%
 
0.30
%
Greater than or equal to 1.75 to 1.0 but less than 2.00 to 1.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Category 5
 
 
1.50
%
 
1.75
%
 
(0.50)
%
 
(0.25)
%
 
1.50
%
 
0.30
%
Less than 1.75 to 1.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule of Short-term Debt [Table Text Block]
Short-term debt at fiscal year-ends was as follows:
 
In Thousands
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Short-term debt reclassified from long-term debt
 
$
1,250
 
$
1,250
 
 
 
$
1,250
 
$
1,250
 
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt at fiscal year-ends was as follows:
 
In Thousands
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Senior secured revolving credit facility of $35.0 million with a maturity of January 21, 2019. The interest rate at December 30, 2017 was 3.227%.
 
$
18,121
 
$
19,189
 
 
 
 
 
 
 
 
 
Term loan of $7.5 million with a maturity date of January 21, 2021. The interest rate at December 30, 2017, was 3.188%.
 
 
5,000
 
 
6,250
 
 
 
 
 
 
 
 
 
 
 
 
23,121
 
 
25,439
 
Portion classified as short-term debt
 
 
(1,250)
 
 
(1,250)
 
 
 
$
21,871
 
$
24,189