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Subsequent Events
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6 Months Ended |
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Jun. 30, 2011
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| Subsequent Events | |
| Subsequent Events | Note 13. Subsequent Event On April 1, 2009, we entered into a settlement agreement with Ford Motor Company and Ford Global Technologies, LLC that ended several legal actions alleging design patent infringement that were initiated by Ford with the United States International Trade Commission. Pursuant to the settlement, we (and our designees) became the sole distributor in the United States of aftermarket automotive parts that correspond to Ford collision parts that are covered by a United States design patent. We paid Ford an upfront fee for these rights and must pay a royalty for each such part we sell. The term of this arrangement is scheduled to expire September 30, 2011. In July 2011, we entered into a new agreement with Ford (which becomes effective October 1, 2011) to continue our arrangement through March 2015 with substantially the same terms as the 2009 agreement and subject to an additional upfront fee.
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