Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
 9 Months Ended
Jun. 30, 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
               
June 30, 2014              
Principal balance outstanding   $  - $ 34,500 $ 34,500
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 June 30, 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                            24,500
         
Total        $                  34,500
Schedule of Interest Costs

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

 

(in thousands)      Three Months Ended June 30,             Nine Months Ended June 30,     
              2014                           2013                           2014                           2013            
               
Interest expense  $                       244    $                       290    $                       766    $                       968
Interest capitalized                              40                                31                              118                                60
               
Total  $                       284    $                       321    $                       884    $                    1,028