Revolving Credit Facility	3 Months Ended
Revolving Credit Facility	Apr. 03, 2015
Revolving Credit Facility
Revolving Credit Facility	5.Revolving Credit Facility At April 3, 2015, the Company had a $175 million senior secured revolving credit facility with JP Morgan Chase Bank, NA, as Administrative Agent, Bank of America, as Syndication Agent, and certain other lenders (the “Facility”). The Facility consists of a $175 million credit line with a maturity date of November 15, 2020 and an “accordion” feature providing for potential future expansion of the Facility to $250 million. Borrowings (other than letters of credit) under the credit facility generally will bear interest at a rate varying from the London Interbank Offered Rate (LIBOR) plus 1.75% to LIBOR rate plus 3.00%, depending on leverage. The Facility is secured by substantially all of the Company’s assets and the stock of its subsidiaries. Borrowings under the Facility are subject to various covenants including a multiple of 3.5 times earnings before interest, taxes, depreciation and amortization (“EBITDA”). “EBITDA” may include “Acquired EBITDA” from pro-forma acquisitions as defined. Borrowings under the New Facility may be used for general corporate purposes, including acquisitions. Application of the Facility’s borrowing formula as of April 3, 2015, permitted $79 million to be used. The Company had irrevocable letters of credit totaling $7.5 million outstanding in connection with the Company’s self-insurance programs, which resulted in a total of $73.0 million being available for use at April 3, 2015. As of April 3, 2015, the Company was in compliance with the various financial covenants. Under the most restrictive of its covenants, the Company was required to maintain minimum net worth of at least $167.3 million at April 3, 2015. At such date, the Company’s net worth was approximately $233.9 million. The effective interest rates on the Company’s borrowings were 2.67% and 2.45% for the period ended April 3, 2015 and the three month period ending March 31, 2014, respectively.

The 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.

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