2.4.0.81110 - Disclosure - CREDIT FACILITYtruefalsefalse1false falsefalseD2013Q2YTDhttp://www.sec.gov/CIK0000350199duration2012-12-30T00:00:002013-06-29T00:00:001true 1us-gaap_DebtDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0CREDIT FACILITY2false 2us-gaap_DebtDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;"> 11.       CREDIT FACILITY   The Company had a $3.0 million credit facility with the Bank of America, which expired May 31, 2013.  The agreement allowed the Company to issue letters of credit up to $3.0 million and was collateralized by a security interest in various certificates of deposit held by the Company.   As of June 29, 2013 the Company had $2,250,000 of certificates of deposit collaterizing the remaining outstanding letters of credit with Bank of America. These certificates of deposit are reported as restricted funds.  As letters of credit are drawn upon or replaced through our new credit facility described below, the restricted funds will be released. There were outstanding letters of credit of $1.6 million at June 29, 2013 under this facility which were collateralized by restricted funds.   The Company entered into a new credit agreement on July 25, 2013 (the “Credit Agreement”) with Wells Fargo Bank, National Association. The credit facility (“Credit facility”) pursuant to the Credit Agreement provides the Company with a line of credit of $25 million for short term borrowings and letters of credit with a sublimit of $5 million. Any borrowings that the Company may in the future make under the Credit Facility are due and payable on July 25, 2018, at which time the facility thereunder terminates.   Borrowings under the Credit Facility bear interest at the Company’s option (i) when the average daily availability is equal to or greater than 50% of the borrowing base, at a variable rate equal to the London interbank offering rate, (“LIBOR”), plus a margin of 1.50% per annum, or the base rate, as defined in the Credit Agreement, plus a margin of 0.50% per annum and (ii) when the average daily availability is less than 50% of the borrowing base, at a variable rate equal to LIBOR, plus a margin of 1.75% per annum, or the base rate, as defined in the Credit Agreement, plus a margin of 0.75% per annum.   The obligations of the Company under the Credit Facility are secured by liens on all assets of the Company. The Credit Agreement contains various customary covenants, including, but not limited to, limitations on indebtedness, liens, investments, dividends or other capital distributions, purchases or redemptions of stock, sales of assets or subsidiary stock, transactions with affiliates, line of business and accelerated payments of certain obligations.   The Credit Agreement contains events of default customary for similar financings. Upon the occurrence of an event of default, the outstanding obligations under the Credit Facility may be accelerated and become due and payable immediately. In addition, if certain change of control events occur with respect to any loan party, the Lenders have the right to require the Company to repay any outstanding loans under the Credit Facility.   During the 13-week period June 29, 2013, the Company recorded $367,000 of deferred financing costs in connection with the Credit Agreement, which are included in other assets at June 29, 2013 and will be amortized on a straight line basis through July 2018. </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 false0CREDIT FACILITYfalseCREDIT FACILITYUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.cache.com/role/DisclosureCreditFacility12