Quarterly report pursuant to Section 13 or 15(d)

Other Long-Term Liabilities

v2.3.0.15
Other Long-Term Liabilities
9 Months Ended
Sep. 30, 2011
Other Long-Term Liabilities [Abstract]  
Other Long-Term Liabilities

.

NOTE 7.   OTHER LONG-TERM LIABILITIES

 

          Other long-term liabilities were $832 and $785 as of September 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 of $832 and $785 as other long-term assets for the underfunded amount as of September 30, 2011 and December 31, 2010, respectively.