Other Long-Term Liabilities
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9 Months Ended |
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Sep. 30, 2014
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Other Long-Term Liabilities [Abstract] | |
Other Long-Term Liabilities |
NOTE 7. OTHER LONG-TERM LIABILITIES
Other long-term liabilities were $1,565 and $1,997 as of September 30, 2014 and December 31, 2013, respectively, with $1,517 and $1,621 of the balance as of September 30, 2014 and December 31, 2013, respectively, relating to a pension liability with respect to the benefit plan maintained for the benefit of the Company’s employees in Switzerland 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 expected to be recoverable. The Company has recorded a receivable of $1,517 and $1,621 as other long-term assets for the underfunded amount as of September 30, 2014 and December 31, 2013, respectively.
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- Definition
The entire disclosure for other liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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