Notes to Consolidated Financial Statements

11. EXTRAORDINARY ITEM

In 2000, the Company refinanced its credit facilities. Due to the termination of the prior credit agreement, the Company recognized an extraordinary charge of $0.5 million, net of tax, to write-off the unamortized portion of loan origination fees associated with the prior agreement.

In fiscal 1999, the Company recognized an extraordinary charge of $0.8 million, net of tax, to write-off the remaining deferred loan fees associated with the early extinguishment of the Company's indebtedness pursuant to its revised and amended revolving credit facility.