XML 38 R30.htm IDEA: XBRL DOCUMENT v3.22.4
Note 6 - Borrowings (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Funded Debt to Adjusted Ratio Percentage [Table Text Block]

Funded Debt to

EBITDA Ratio

 

Revolving

Commitment

ABR Spread

   

Revolving

Commitment

Term Benchmark

Spread

   

Letter of

Credit

Fee

   

Commitment

Fee Rate

 

Category 1

Greater than or equal to 3.00 to 1.0

    0.75 %     2.50 %     2.50 %     0.35 %

Category 2

Greater than or equal to 2.50 to 1.0 but less than 3.00 to 1.0

    0.25 %     2.00 %     2.00 %     0.30 %

Category 3

Greater than or equal to 1.50 to 1.0 but less than 2.50 to 1.0

    -0-       1.75 %     1.75 %     0.25 %

Category 4

Less than 1.50 to 1.0

    (0.25% )     1.50 %     1.50 %     0.20 %
Schedule of Long-Term Debt Instruments [Table Text Block]

In Thousands

 

2022

   

2021

 
                 

Senior secured revolving credit facility of $90.0 million with a maturity of January 21, 2027. The interest rate at December 31, 2022 was 6.92% and 3.00% at December 25, 2021.

  $ 55,000     $ 10,515  
                 

Term loan of $50.0 million with a maturity date of January 21, 2027. The interest rate at December 31, 2022 and December 25, 2021, was 2.97%.

    39,881       47,024  
                 
      94,881       57,539  

Current portion of long-term debt

    (7,143 )     (7,143 )
    $ 87,738     $ 50,396