As we have previously reported, the Company finances a substantial portion of its working capital requirements with borrowings under a long-term revolving bank line of credit, which is governed by a bank line of credit agreement (the "Credit Line Agreement") entered into by the Company with Bank of America N. A. (the "Bank").

The Credit Line Agreement contains a single financial covenant which requires the Company to achieve a fixed charge coverage ratio of at least 1.10-to-1.0 for successive rolling 12 month periods ending on the last day of each fiscal quarter. The first of those rolling 12-month periods to which the covenant was to have been applicable was the 12 month period ending March 31, 2012. On May 1, 2012, the Bank and the Company amended the Credit Line Agreement to provide, instead, that the first of those rolling 12-month periods to which that financial covenant will apply will be the 12 month period ending June 30, 2012. A copy of that amendment is attached as Exhibit 99.1 to this Current Report on Form 8-K.

(d) Exhibits.

Exhibit No.       Description of Exhibit

99.1              Eleventh Amendment to Third Amended & Restated Loan and Security
                  Agreement between the Company and Bank of America, N. A.