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Other Long-Term Liabilities
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6 Months Ended |
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Jun. 30, 2011
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| Other Long-Term Liabilities | |
| Other Long-Term Liabilities |
NOTE 7. OTHER LONG-TERM LIABILITIES
Other long-term liabilities were $896 and $785 as of June 30, 2011 and December 31, 2010, respectively. The balance relates to a pension liability of the benefit plan for the Company's European employees that, under U.S. GAAP, is considered to be a defined benefit plan. The Company also has an insurance policy whereby any underfunded amounts related to the pension liability are recoverable from the insurance company. The Company has recorded a receivable for these amounts under other long-term assets for the underfunded amount as of June 30, 2011 and December 31, 2010, respectively.
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