INCOME TAXES	3 Months Ended
Mar. 31, 2012
INCOME TAXES	9. INCOME TAXES The Company’s tax provision of approximately $468,000 for the three months ended March 31, 2012, and $98,000 for the corresponding period in 2011, represents alternative minimum and state income taxes, which are partially offset by the Company’s net operating loss carryforwards (NOL) and tax credits, and foreign tax expenses. As of March 31, 2012, the Company has available for tax purposes U.S. federal NOLs of $12.7 million expiring through 2021. The Company has recognized a full valuation allowance on its domestic and certain foreign net deferred tax assets due to the uncertainty of realization of such assets. The Company has not historically recorded, nor does it intend to record the tax benefits from stock awards until realized. Unrecorded benefits from stock awards approximate $13.1 million. The Company’s income tax returns have not been examined by the Internal Revenue Service and are subject to examination for all years since 2002. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states.

INCOME TAXES

3 Months Ended

Mar. 31, 2012

9. INCOME TAXES

The Company’s tax provision of approximately $468,000 for the three months ended March 31, 2012, and $98,000 for the corresponding period in 2011, represents alternative minimum and state income taxes, which are partially offset by the Company’s net operating loss carryforwards (NOL) and tax credits, and foreign tax expenses.

As of March 31, 2012, the Company has available for tax purposes U.S. federal NOLs of $12.7 million expiring through 2021. The Company has recognized a full valuation allowance on its domestic and certain foreign net deferred tax assets due to the uncertainty of realization of such assets. The Company has not historically recorded, nor does it intend to record the tax benefits from stock awards until realized. Unrecorded benefits from stock awards approximate $13.1 million.

The Company’s income tax returns have not been examined by the Internal Revenue Service and are subject to examination for all years since 2002. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states.