Line of Credit |
12 Months Ended |
|---|---|
Dec. 31, 2016 | |
| Debt Disclosure [Abstract] | |
| Line of Credit | Line of Credit The Company has a loan and security agreement which provides for a revolving credit facility of $6.5 million to fund acquisitions, share repurchases and other general corporate needs through June, 2017 and at our option, bears interest at either the London Inter Bank Offer Rate +1.75% or the bank’s prime rate +0.75%. Excluding a $1.5 million letter of credit outstanding in connection with our production facility and fulfillment center, there were no draws against the facility at December 31, 2016, and $5.0 million remained available. The letter of credit bears interest at 1.5% per annum and will expire no later than September, 2020. This credit agreement requires us to comply with various financial covenants including the maintenance of a 1.5 to 1 liquidity to debt ratio, all of which we were in compliance with at December 31, 2016. |