Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v2.4.1.9
Long-Term Debt (Tables)
 12 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consisted of the following:
 
March 31,
2015
 
March 31,
2014
Variable Rate Term Loan, due April 2018
108,000

 
121,500

Less current portion
(13,500
)
 
(13,500
)
 
$
94,500

 
$
108,000

 
Schedule of maturities of long-term debt
Maturities of long-term debt are as follows for the fiscal years ended March 31:

2016
 
$
13,500

2017
 
13,500

2018
 
20,250

2019
 
20,250

2020
 
40,500

Total
 
$
108,000