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Subsequent Events
3 Months Ended
Jun. 30, 2011
Subsequent Events 
Subsequent Events [Text Block]

19.  SUBSEQUENT EVENT

 

On November 3, 2011, the Company entered into the Fourth Amendment to Credit Agreement (the “Fourth Amendment”), which amended the Credit Agreement.  The Fourth Amendment permits the exclusion of specified levels of restructuring and impairment charges from the financial covenants impacted by the Company’s EBIT for fiscal quarters ending on or prior to March 31, 2012.  The Fourth Amendment also permits the exclusion of specified levels of costs and expenses associated with the commercialization, sale or dissolution of the Company’s Alert business, which offers to third parties automated systems for the enforcement of food safety and quality policies, from the financial covenants impacted by the Company’s EBIT for fiscal quarters ending on or prior to December 31, 2011.  In addition, the Fourth Amendment extends to April 30, 2012 the period in which the Company is permitted to form one or more subsidiaries for a specified business purpose to be funded by up to $1,000 in equity and $30,000 in subordinated note investments by the Company, provided the subsidiary or subsidiaries receive revolving credit financing of up to $200,000 from third parties and issue subordinated notes for an aggregate of up to $100,000.