|
Short-Term Revolving Lines of Credit
|
3 Months Ended |
|---|---|
|
Jun. 30, 2013
|
|
| Short-term Debt [Abstract] | |
| Short-Term Revolving Credit Facilities |
Short-Term Revolving Credit Facilities
The Company’s subsidiary in the Netherlands has a revolving credit facility in the amount of Euro 4,000 (equivalent to $5,211 USD at June 30, 2013). The facility is collateralized by receivables, inventory, equipment, furniture and real estate. No loans were outstanding under this facility at June 30, 2013 or March 31, 2013.
The Company’s subsidiary in India has a revolving credit facility in the amount of 80,000 Rupees (equivalent to $1,340 USD at June 30, 2013). The facility is collateralized by receivables, inventory, real estate, a letter of credit and cash. No loans were outstanding under this facility at June 30, 2013 or March 31, 2013.
The Company’s subsidiary in Australia has a revolving credit facility in the amount of $325 Australian Dollars (equivalent to $302 USD at June 30, 2013). The facility is collateralized by real estate. No loans were outstanding under this facility at June 30, 2013 or March 31, 2013.
The Company’s subsidiary in Japan has a revolving credit facility in the amount of 45,000 Japanese Yen (equivalent to $459 USD at June 30, 2013). No loans were outstanding under this facility at June 30, 2013 or March 31, 2013.
Under the Company’s principal revolving credit facility described below in Note 9, “Long-Term Debt,” there were no outstanding borrowings at either June 30, 2013 or March 31, 2013, respectively.
|