| Long-Term Debt |
NOTE 6. LONG-TERM DEBT
Long-term debt, net as of September 30, 2015 and December 31, 2014, was as follows:
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September 30, 2015
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December 31, 2014
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Revolving credit facilities (a)
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$
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-
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$
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-
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Foreign credit facilities (b)
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-
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-
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5% Senior Subordinated Notes due 2017 (refer to Note 16)
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19,624
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18,491
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Term notes (c)
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107
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68
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19,731
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18,559
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Less current portion
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-
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-
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$
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19,731
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$
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18,559
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(a)
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As of September 30, 2015, the Company had drawn $0 on a $20,000 revolving credit facility with the Lender with a maturity date of April 1, 2017.
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(b)
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The Company’s foreign subsidiaries have a revolving credit facility with a financial institution which matures on January 31, 2016. As of September 30, 2015 and December 31, 2014, the revolving credit facility had a balance of $5,831 and $3,844, respectively, and is included in liabilities held for sale.
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(c)
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Various term loans are payable to financial institutions and a government entity with interest rates ranging from 0.75% to 5.50% and monthly installments ranging from $0 to $2. The notes mature between January 2016 and March 2017, and are secured by certain equipment. As of September 30, 2015 and December 31, 2014, $10 and $34, respectively, is included in liabilities held for sale.
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