Quarterly report pursuant to sections 13 or 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
 6 Months Ended
Mar. 31, 2014
Long-Term Debt [Abstract]  
Schedule of Long-Term Debt

Outstanding debt under the Company's various loan agreements is presented in the table below:

(in thousands) Revolving Line of
Credit 		  Term Loan
Total Credit
Facility
                 
March 31, 2014                
Principal balance outstanding $ -      $ 35,000   $ 35,000
Remaining available credit $ 60,000   $ -      $ 60,000
Effective interest rate   2.40%     2.65%      
Scheduled maturity date   October 2020     October 2020      
Collateral   Real Estate     Real Estate      
                 
September 30, 2013                
Principal balance outstanding $ -      $ 36,000   $ 36,000
Remaining available credit $ 60,000   $ -      $ 60,000
Effective interest rate   2.43%     2.68%      
Scheduled maturity date   October 2020     October 2020      
Collateral   Real Estate     Real Estate      
Schedule of Debt Maturities

Maturities of the Company's debt were as follows at March 31, 2014:

 

(in thousands)    
 
Due within one year   $ 2,000  
Due between one and two years     2,000  
Due between two and three years     2,000  
Due between three and four years     2,000  
Due between four and five years     2,000  
Due beyond five years     25,000  
 
Total   $ 35,000  
Schedule of Interest Costs

Interest costs expensed and capitalized to property, buildings and equipment were as follows:  

 

                     
(in thousands)   Three Months Ended March 31,   Six Months Ended March 31,
    2014   2013   2014   2013
 
Interest expense   $ 253     $ 311     $ 522       $       678  
Interest capitalized     40       12       69               29  
                                         
Total   $ 293     $ 323     $ 591       $       707