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The weighted average interest rate on outstanding current line of credit debt at August 31, 2000 and 1999 was 8.6 percent and 7.8 percent, respectively. The weighted average interest rate on the long-term credit facility was 8.7 percent as of August 31, 2000. 

The line of credit agreements require the Company to maintain certain financial ratios and working capital levels. At August 31, 2000, the Company was in compli- ance with the terms of the line of credit agreements. The Company’s line of credit agreements expire on December 1, 2001. 

Commitment fees associated with the lines of credit were $0.7 million during fiscal 2000. 

## Long-Term Debt 

Long-term debt was comprised of the following (in thousands): 

## AUGUST 31, 

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## AUGUST 31, 

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As a result of restructuring and impaired asset charges, the Company was not in compliance with certain terms of the $85.0 million senior unsecured notes payable at August 31, 1999. The Company did not obtain a waiver on the terms of the debt covenants, and during October 1999, the Company retired the $85.0 million notes payable at par plus accrued interest. The Company utilized existing cash and its expanded long-term line of credit to retire the notes payable. Accordingly, the $85.0 million notes payable were reported as a component of the current portion of long-term debt in the accompanying fiscal 1999 consolidated balance sheet. 

Future maturities of long-term debt at August 31, 2000 were as follows (in thousands): 

## YEAR ENDING AUGUST 31, 

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