XML 71 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long term obligations
12 Months Ended
Dec. 31, 2012
Long Term Obligations [Abstract]  
Debt Disclosure [Text Block]
4. Long term obligations

 

Total long-term obligations as of December 31, 2012 and 2011 consist of the following (in thousands):

 

    2012     2011  
             
Vendor obligations                
Capital lease obligations   $ 32     $ 15  
Deferred lease payments     697       418  
Microsoft licenses (1)     409       857  
                 
Pension obligations                
Accrued pension liability     3,054       2,293  
      4,192       3,583  
Less: Current portion of long term obligations     818       639  
Totals   $ 3,374     $ 2,944  

 

(1) In April 2011, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2014. Pursuant to this agreement, the Company is obligated to pay approximately $470,000 annually over the term of the agreement. As of December 31, 2012, the Company has paid $940,000. The total cost, net of deferred interest, was allocated to the following asset accounts in 2011(in thousands):

 

Prepaid expenses and other current assets   $ 433  
Other assets     867  
Property and equipment     25  
    $ 1,325  

 

Amortization expense was approximately $0.8 million, $0.6 million and $0.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.