| Schedule of long-term debt |
Long-term debt consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
September 30,
2017 |
|
October 1,
2016 |
Revolving U.S. credit facility, interest at base rate or adjusted LIBOR rate plus an applicable margin (interest at 2.9% on September 30, 2017) due May 2021 |
$ |
74,608 |
|
|
$ |
92,137 |
|
Revolving credit facility with Banco Ficohsa, a Honduran bank, interest at 8% due March 2019 (denominated in U.S. dollars) |
4,975 |
|
|
5,000 |
|
Term loan with Banco Ficohsa, a Honduran bank, interest at 7%, monthly installments beginning March, 2011 through March 2018 (denominated in U.S. dollars) |
486 |
|
|
1,459 |
|
Term loan with Banco Ficohsa, a Honduran bank, interest at 7.5%, monthly installments beginning November 2014 through December 2020 (denominated in U.S. dollars) |
2,000 |
|
|
2,600 |
|
Term loan with Banco Ficohsa, a Honduran bank, interest at 8%, monthly installments beginning June 2016 through April 2022 (denominated in U.S. dollars) |
1,358 |
|
|
1,650 |
|
Term loan with Banco Ficohsa, a Honduran bank, interest at 8%, monthly installments beginning June 2016 through July 2017 (denominated in U.S. dollars) |
— |
|
|
4,833 |
|
Term loan with Banco Ficohsa, a Honduran bank, interest at 8%, monthly installments beginning October 2017 through September 2021 (denominated in U.S. dollars) |
4,083 |
|
|
— |
|
Salt Life acquisition promissory note, imputed interest at 3.62%, quarterly payments beginning September 2016 through June 2019 |
5,344 |
|
|
8,116 |
|
|
92,854 |
|
|
115,795 |
|
Less current installments |
(7,548 |
) |
|
(9,192 |
) |
Long-term debt, excluding current installments |
$ |
85,306 |
|
|
$ |
106,603 |
|
|
| Schedule of aggregate maturities of debt |
The aggregate maturities of debt at September 30, 2017, are as follows (in thousands):
|
|
|
|
|
Fiscal Year |
Amount |
|
2018 |
$ |
7,548 |
|
2019 |
11,381 |
|
2020 |
4,062 |
|
2021 |
69,669 |
|
2022 |
194 |
|
Thereafter |
— |
|
|
$ |
92,854 |
|
|