Long Term Retention Plan

3 Months Ended

Mar. 31, 2015

8. Long term retention plan (“LTRP”)

The following table summarizes the 2009, 2010, 2011, 2012, 2013 and 2014 long term retention plan accrued compensation expense for the three-month periods ended March 31, 2015 and 2014:



	Three Months Ended March 31,
	2015 () (*)	2014 () (*)
	(In thousands)
LTRP 2009	$ (12)	$ (351)
LTRP 2010	120	(183)
LTRP 2011	142	(101)
LTRP 2012	185	(1)
LTRP 2013	842	604
LTRP 2014	1,059	798
(*) (Gain) / Loss
(**) For the three-month periods ended March 31, 2015 and 2014, the table above shows a reduction of compensation costs for LTRP 2009, 2010, 2011 and 2012 as a consequence of a decrease in the Company’s stock price during the quarter.

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

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