Note 11 - Subsequent events
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6 Months Ended | ||
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Jul. 03, 2011
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Subsequent Events [Text Block] |
On
August 3, 2011, the Company and its lenders amended the debt
agreement to revise the EBITDA covenant for the trailing
twelve month period ending June 30, 2012. In the event that
the EBITDA covenant for the 2012 fiscal year is not reset in
writing by June 30, 2012, a minimum fixed charge coverage
ratio covenant is to become applicable.
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