EEI 2017 Form 10-K

Table of Contents 10. Lines of Credit Unsecured lines of credit are summarized in the following table. Balance at July 31, 2017 2016 (in thousands) Outstanding cash draws, recorded as lines of credit on the accompanying consolidated balance sheets $ 581 $ 312 Term loan 200 --- Outstanding letters of credit to support operations 2,511 2,187 Total amounts used under lines of credit 3,292 2,499 Remaining amounts available under lines of credit 36,227 36,496 Total approved unsecured lines of credit $ 39,519 $ 38,995 As of July 31, 2017, contractual interest rates for lines of credit ranged from 3.25% to 3.50% for the Company’s U.S. operations and 9.12% to 9.75% for the Company’s South American operations. The Company’s lenders have reaffirmed the lines of credit within the past twelve months. 11. Debt and Capital Lease Obligations Debt and capital lease obligations are summarized in the following table. Balance at July 31, 2017 2016 (in thousands) Various loans and advances (interest rates ranging from 5.75% to 6.58%) $ 328 $ 217 Capital lease obligations (interest rates ranging from 7.36% to 15.09%) 120 240 448 457 Current portion of long-term debt and capital lease obligations (382) (240) Long-term debt and capital lease obligations $ 66 $ 217 The aggregate maturities of long-term debt and capital lease obligations as of July 31, 2017 are summarized in the following table. Fiscal Year Ending July 31, Amount (in thousands) 2018 $ 382 2019 37 2020 23 2021 6 Total $ 448 12. Income Taxes Income (loss) before income tax provision is summarized in the following table. Fiscal Year Ended July 31, 2017 2016 2015 (in thousands) Domestic $ 5,432 $ 4,558 $ 3,500 Foreign (7) (191) 4,469 $ 5,425 $ 4,367 $ 7,969 50