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the Loan Arrangement that adjusted the terms of certain financial covenants, and cured a default of the tangible net worth covenant as of June 30, 2003. 

## (6) Long-Term Obligations 

Long-term obligations consist of the following at June 30, 2002 and 2003 (in thousands): 

<img src='content_image/123110.jpg'>

Maturities of these long-term obligations are as follows (in thousands): 

<img src='content_image/123112.jpg'>

The mortgage payable of the UK subsidiary and the capital lease obligations are collateralized by the property and equipment to which they relate. 

