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DISTRIBUTION AGREEMENTS | 12 Months Ended
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Dec. 31, 2012
DISTRIBUTION AGREEMENTS |
DISTRIBUTION AGREEMENTS | 7. DISTRIBUTION AGREEMENTS Amounts received pursuant to new and/or amended distribution agreements entered into with certain distributors, relating to the costs associated with terminating the Company’s prior distributors, have been accounted for as deferred revenue in the accompanying consolidated balance sheets and are recognized as revenue ratably over the anticipated life of the respective distribution agreement, generally 20 years. Revenue recognized was $7.9 million, $9.3 million and $8.0 million for the years ended December 31, 2012, 2011 and 2010, respectively.

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