DEBT OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2014

DEBT OBLIGATIONS

Schedule of debt obligations

        Debt obligations consisted of the following (in thousands):

	December 31, 2014		December 31, 2013
Current Borrowings
Revolving Credit Facility	$	—	$	7,725
China Credit Facility (6.3% at December 31, 2014)		1,348		1,170
Term Loan, current portion, (2.2% at December 31, 2014)(1)		6,375		5,250
Current borrowings	$	7,723	$	14,145
Long-term Debt
Term Loan, noncurrent (2.2% at December 31, 2014)(1)	$	37,125	$	43,500
Subordinated Notes (14.5%, 13% Cash, 1.5% PIK)		30,000		30,000
Long-term debt	$	67,125	$	73,500

(1) The effective rate of the Term Loan including the impact of the related hedges is 2.64%.

Schedule of maturities of long-term debt

Year ending December 31,	Total
2015	$	7,723
2016		8,219
2017		10,374
2018		18,532
2019		30,000
Thereafter		—
Total	$	74,848