XML 56 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt and Preferred Stock (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 9 Months Ended
Mar. 27, 2017
Jul. 18, 2016
USD ($)
Jan. 28, 2016
USD ($)
item
$ / shares
shares
Jan. 18, 2016
$ / shares
shares
Jan. 31, 2016
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Oct. 01, 2016
Dec. 23, 2015
USD ($)
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Remainder of 2017           $ 1,464        
2018           16,065        
2019           3,750        
2020           25,085        
2021           54,255        
Total           100,619        
Deferred Financing Costs, net           1,348        
Original Issue Discount, net           3,706        
Carrying Value           95,565        
Aggregate amount             $ 49,881      
Aggregate original issue discount     $ 4,700              
Recorded value of the convertible note                    
Less: Original issue discount           (3,706)        
Total           100,619        
Accumulated accretion of original issue debt discount           516 610      
Modified Convertible Notes value           13,549 12,452 $ 12,660    
Short term convertible notes           13,565 $ 12,777 $ 13,137    
Tengram Capital Partners, LP                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Total           13,600        
Recorded value of the convertible note                    
Total           13,600        
SWIMS                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Cash payment   $ 12,017                
Aggregate principal amount of modified convertible notes   13,812                
Preferred Series A | TCP Denim, LLC                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Shares issued (in shares) | shares     50,000              
Aggregate amount     $ 50,000              
Dividend rate (as a percent)     10.00%              
Number of Board of Directors that the preferred stockholders can elect | item     3              
Conversion price (in dollars per share) | $ / shares     $ 11.16              
Convertible Notes - Short Term                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
2018           13,565        
Total           13,565        
Carrying Value           13,565        
Recorded value of the convertible note                    
Total           13,565        
Term Loan Credit Agreement                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Remainder of 2017           313        
2018           2,500        
2019           3,750        
2020           5,000        
2021           37,000        
Total           48,563        
Deferred Financing Costs, net           931        
Carrying Value           47,632        
Recorded value of the convertible note                    
Total           48,563        
Line of credit                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Remainder of 2017           1,151        
2020           20,085        
Total           21,236        
Deferred Financing Costs, net           417        
Carrying Value           20,819        
Recorded value of the convertible note                    
Total           21,236        
Convertible notes                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
2021           17,255        
Total           17,255        
Original Issue Discount, net           3,706        
Carrying Value           13,549        
Recorded value of the convertible note                    
Less: Original issue discount           (3,706)        
Total           17,255        
JPM Loan Agreement                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Repayment of loans         $ 19,000          
JPM Loan Agreement | RG                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Aggregate principal amount                   $ 30,000
Capex loan | RG                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Aggregate principal amount                   $ 3,500
Revolving Facility                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Carrying Value           20,100        
Aggregate principal amount     $ 40,000              
Availability           13,400        
Commitment fee (as a percent)     0.25%              
Revolving Facility | Maximum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Aggregate principal amount     $ 10,000              
Revolving Facility | Base Rate                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     0.50%              
Revolving Facility | LIBOR rate loans                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     1.75%              
Term Facility                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Carrying Value           48,600        
Aggregate principal amount     $ 50,000              
Base rate floor (as a percent)     0.50%              
Required quarterly repayments of principal for the first four fiscal quarters (as a percent)     0.25%              
Required quarterly repayments of principal for the second four fiscal quarters (as a percent)     0.625%              
Required quarterly repayments of principal for the third four fiscal quarters (as a percent)     1.25%              
Required quarterly repayments of principal for the fourth four fiscal quarters (as a percent)     1.875%              
Required quarterly repayments of principal thereafter (as a percent)     2.50%              
Prepayment exception amounts (as a percent)     100.00%              
Prepayment premium during first year (as a percent)     2.00%              
Prepayment premium during second year (as a percent)     1.00%              
Term Facility | Minimum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Prepayment exception amounts (as a percent)     0.00%              
Term Facility | Maximum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Prepayment exception amounts (as a percent)     50.00%              
Term Facility | Base Rate | Minimum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     6.00%              
Term Facility | Base Rate | Maximum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     9.50%              
Term Facility | LIBOR rate loans | Minimum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     7.00%              
Term Facility | LIBOR rate loans | Maximum                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent)     10.50%              
Credit Facilities                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Aggregate principal amount     $ 50,000              
Credit Facilities | Base Rate                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent) 8.75%                  
Credit Facilities | LIBOR rate loans                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Margin on variable rate basis (as a percent) 9.75%                  
Modified Convertible Notes                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Total           11,800        
Original Issue Discount, net           4,673        
Amount of interest payable in cash (as a percent)     50.00%              
Amount of interest payable in kind (as a percent)     50.00%              
Amount of interest payable in cash, discretionary (as a percent)     100.00%              
Recorded value of the convertible note                    
Face value           16,473        
Less: Original issue discount           (4,673)        
Total           11,800        
PIK interest issued           782        
Accumulated accretion of original issue debt discount           967        
Modified Convertible Notes value           13,549        
Modified Convertible Notes | Conversion of Convertible Notes into Common Stock                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Annual rate on outstanding principal amount (as a percent)     6.50%           7.00%  
Shares issued (in shares) | shares     1,167,317              
Cash payment     $ 8,600              
Aggregate principal amount of modified convertible notes     $ 16,500              
Trading days immediately preceding the notice of conversion used for calculation of average of the closing prices for the common stock | item     20              
Convertible Notes Due January 2017 | Tengram Capital Partners, LP                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Annual rate on outstanding principal amount (as a percent)       3.75%            
Recorded value of the convertible note                    
Face value   $ 13,000                
Convertible Notes Due January 2017 | Preferred Series A-1 | Tengram Capital Partners, LP                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Dividend rate (as a percent)       10.00%            
Conversion price (in dollars per share) | $ / shares       $ 3.00            
Convertible Notes Due January 2017 | Maximum | Preferred Series A-1 | Tengram Capital Partners, LP                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Number of shares issuable upon conversion of the debt | shares       4,500,000            
Short Term Convertible Notes                    
Five year payment schedule of debt for the promissory notes, long term debt and convertible notes                    
Total           12,535        
Original Issue Discount, net           465        
Recorded value of the convertible note                    
Face value           13,000        
Less: Original issue discount           (465)        
Total           12,535        
PIK interest issued           565        
Accumulated accretion of original issue debt discount           465        
Short term convertible notes           $ 13,565