Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt

v3.7.0.1
Long-Term Debt
 6 Months Ended
Jun. 30, 2017
Long-Term Debt [Abstract]  
Long-Term Debt

NOTE 6.  LONG-TERM DEBT



Long-term debt, net as of June 30, 2017 and December 31, 2016, was as follows:







 

 

 

 

 

 



 

June 30, 2017

 

December 31, 2016



 

 

 

 

 

 

Revolving credit facilities (a)

 

$

 -

 

$

 -

5% Senior Subordinated Notes due 2017 (refer to Note 15)

 

 

 -

 

 

 22,610 

Term note (b)

 

 

 -

 

 

 102 

Unamortized discount

 

 

 -

 

 

 (814)



 

 

 -

 

 

 21,898 

Less current portion

 

 

 -

 

 

 (21,898)



 

$

 -

 

$

 -



(a)

As of June 30, 2017, the Company had drawn $0 on a $20,000 revolving credit facility with Zions First National Bank with a maturity date of April 1, 2020.



(b)

The term note was payable to a government entity with an interest rate of 0.75% and no monthly installments.  During the six months ended June 30, 2017, the entire principal amount and all accrued interest were paid in full.