8.	Lines of Credit

Unsecured lines of credit are summarized in the following table.

	January 26, 2019		July 31, 2018
	(in thousands)

Outstanding cash advances	$	222	$	---
Outstanding letters of credit		1,697		1,668
Total amounts used under lines of credit		1,919		1,668
Remaining amounts available under lines of credit		33,988		36,832
Total approved unsecured lines of credit	$	35,907	$	38,500

The Company’s U.S. operations are supported by two line of credit arrangements:

•

$19.0 million available line of credit at October 27, 2018; no outstanding cash advances as of January 26, 2019 or July 31, 2018; letters of credit of less than $0.1 million were outstanding at January 26, 2019 and July 31, 2018; interest rate on cash advances is based on LIBOR plus 275 basis points; and

•

$13.5 million available line of credit at January 26. 2019; no outstanding cash advances as of January 26, 2019 or July 31, 2018; letters of credit of less than $0.1 million were outstanding at January 26, 2019 and July 31, 2018, respectively; interest rate on cash advances is based on LIBOR plus 200 basis points.

The Company’s South American operations are supported by two line of credit arrangements:

•

$2.0 million available line of credit to support operations in Peru; no outstanding cash advances as of January 26, 2019 or July 31, 2018; letters of credit of $1.1 million and $1.0 million were outstanding at January 26, 2019 and July 31, 2018, respectively; interest rate on cash advances is affirmed or negotiated annually; and

•

$1.4 million available line of credit to support operations in Brazil; $0.2 million of cash advances were outstanding as of January 26. 2019; letters of credit of $0.6 million were outstanding at January 26, 2019 and July 31, 2018; interest rate on cash advances is based on a Brazilian government economic index.