Annual report pursuant to Section 13 and 15(d)

Long-term Debt (Tables)

v2.4.0.6
Long-term Debt (Tables)
 12 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consists of the following (in thousands):
 
June 30,
2012
 
July 2,
2011
Revolving credit facility, interest at base rate or adjusted LIBOR rate plus an applicable margin (interest at 2.6% on June 30, 2012) due May 2016
$
103,965

 
$
75,936

Revolving credit facility with Banco Ficohsa, a Honduran bank, interest at 7% due March 2019 (denominated in U.S. dollars)
5,000

 
5,000

Term loan with Banco Ficohsa, a Honduran bank, interest at 7%, interest only payments thru March 2012, principal payments begin April 2012, payable monthly with a seven-year term (denominated in U.S. dollars)
5,513

 
5,837

 
114,478

 
86,773

Less current installments
(3,529
)
 
(2,799
)
Long-term debt, excluding current installments
$
110,949

 
$
83,974

Schedule of aggregate maturities of debt
The aggregate maturities of debt at June 30, 2012 are as follows (in thousands):
Fiscal Year
Amount
2013
$
3,529

2014
3,529

2015
3,529

2016
97,270

2017
973

Thereafter
5,648

 
$
114,478