<SEC-DOCUMENT>0001096906-12-000512.txt : 20120312
<SEC-HEADER>0001096906-12-000512.hdr.sgml : 20120310
<ACCEPTANCE-DATETIME>20120312122504
ACCESSION NUMBER:		0001096906-12-000512
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20111231
FILED AS OF DATE:		20120312
DATE AS OF CHANGE:		20120312

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UTAH MEDICAL PRODUCTS INC
		CENTRAL INDEX KEY:			0000706698
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				870342734
		STATE OF INCORPORATION:			UT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12575
		FILM NUMBER:		12683054

	BUSINESS ADDRESS:	
		STREET 1:		7043 S 300 WEST
		CITY:			MIDVALE
		STATE:			UT
		ZIP:			84047
		BUSINESS PHONE:		8015661200
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>utahmedical10k20111231.htm
<DESCRIPTION>FORM 10-K
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">SECURITIES AND EXCHANGE COMMISSION</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">Washington, D.C.&#160;&#160;20549</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">FORM 10-K</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For the fiscal year ended<font style="DISPLAY: inline; FONT-WEIGHT: bold"> December 31, 2011</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Commission File Number:<font style="DISPLAY: inline; FONT-WEIGHT: bold"> 001-12575</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: small-caps">UTAH MEDICAL PRODUCTS, INC.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact name of registrant as specified in its charter)</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Utah</font></div>
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<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">87-0342734</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(State or other jurisdiction of incorporation or organization)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(I.R.S. Employer Identification No.)</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7043 S 300 W, Midvale Utah</font></div>
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<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">84047</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Address of principal executive offices)</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Registrant&#8217;s telephone number, including area code:</font></div>
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<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Telephone (801) 566-1200</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="40%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Facsimile (801) 566-7305</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Securities registered pursuant to Section 12(b) of the Act:</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Title of each class</font></div>
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<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Name of each exchange on which registered</font></div>
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<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common Stock, $.01 Par Value</font></div>
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<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The NASDAQ Global Market</font></div>
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<td valign="top" width="40%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Preferred Stock Purchase Rights</font></div>
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<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td colspan="2" valign="top" width="80%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Securities registered pursuant to Section 12(g) of the Act:</font></div>
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<td colspan="2" valign="top" width="80%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Title of Class)</font></div>
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<td colspan="2" valign="top" width="80%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">None</font></div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Yes&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>&#160;&#160;&#160;No&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Yes&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>&#160;&#160;&#160;No&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2.15pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.&#160;&#160;&#160;&#160;&#160;Yes&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font>&#160;&#160;&#160;No&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (&#167;&#160;232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).&#160;&#160;Yes&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font>&#160;&#160;&#160;No&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant&#8217;s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.&#160;&#160;See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2 of the Exchange Act.</font></div>

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<td valign="top" width="19%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Large accelerated filer&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<td valign="top" width="15%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accelerated filer&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-FAMILY: wingdings">x</font></font></div>
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<td valign="top" width="18%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Non-accelerated filer <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<td valign="top" width="22%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Smaller reporting company <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).&#160;&#160;Yes&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>&#160;&#160;&#160;No&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold;" face="Wingdings">x</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant&#8217;s most recently completed second fiscal quarter.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">As of June 30, 2011, the aggregate market value of the voting and nonvoting common equity held by nonaffiliates of the registrant was </font><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-FAMILY: Times New Roman">$84,440,000</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">.</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate the number of shares outstanding of each of the registrant&#8217;s classes of common stock, as of the latest practicable date.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">As of March 8, 2012, common shares outstanding were 3,656,000.</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -2pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DOCUMENTS INCORPORATED BY REFERENCE.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">The Company&#8217;s definitive proxy statement for the Annual Meeting of Shareholders is incorporated by reference into Part III, Item 10, 11, 12, 13 and 14 of this Form 10-K.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">INDEX TO FORM 10-K</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">PAGE</font></font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">PART I</font></div>
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<td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 1</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Business</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;1</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 1A</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Risk Factors</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;14</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 1B</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unresolved Staff Comments</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;15</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 2</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Properties</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;15</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 3</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Legal Proceedings</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;16</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 4</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Reserved</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="75%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">PART II</font></div>
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<td valign="top" width="75%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 5</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Market for Registrant&#8217;s Common Equity ,Related Stockholder Matters and Issuer Purchases of Equity Securities</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 6</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Selected Financial Data</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;18</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 7</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 7A</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Quantitative and Qualitative Disclosures About Market Risk</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;32</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 8</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Financial Statements and Supplementary Data</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;33</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 9</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Changes in and Disagreements With Accountants on Accounting and Financial Disclosure</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;53</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 9A</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Controls and Procedures</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;53</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 9B</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other Information</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;53</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="75%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">PART III</font></div>
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<td valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 10</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Directors, Executive Officers and Corporate Governance</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;54</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 11</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Executive Compensation</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;54</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 12</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">54</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 13</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Certain Relationships and Related Transactions, and Director Independence</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;55</font></div>
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<td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="11%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item 14</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Currency amounts throughout this report are in thousands except per-share amounts and where noted.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Utah Medical Products, Inc. (&#8220;UTMD&#8221; or &#8220;the Company&#8221;) is in the business of producing high quality cost- effective medical devices that are predominantly proprietary, disposable and for hospital use.&#160;&#160;Success depends on 1) recognizing needs of clinicians and patients,&#160;&#160;2) rapidly designing or acquiring economical solutions that gain premarketing regulatory concurrence,&#160;&#160;3) reliably producing products that meet those clinical needs, and then&#160;&#160;4) selling through</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD's success in providing reliable solutions comes from its proven ability to integrate a number of engineering and technical disciplines in electronics, software, mechanical packaging, instrumentation, plastics processing and materials.&#160;&#160;&#160;The resulting proprietary products represent significant incremental improvements in patient safety, clinical outcomes and/or total cost over preexisting clinical tools. UTMD's experience is that, in the case of labor-saving devices, the improvement in cost-effectiveness of clinical procedures also leads to an improvement in overall healthcare including lower risk of complications.&#160;&#160;UTMD markets a broad
range of medical devices used in critical care areas, especially the neonatal intensive care unit (NICU), the labor and delivery (L&amp;D) department and the women&#8217;s health center in hospitals, as well as products sold to outpatient clinics and physician's offices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The opportunity to apply solutions to recognized needs results from an excellent core of practicing clinicians who introduce ideas to the Company, and key employees who are both clinical applications savvy and development engineering adept.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s products are sold directly to end users in the U.S. domestic market by the Company&#8217;s own direct sales representatives and independent manufacturers&#8217; representatives. In addition, some of UTMD&#8217;s products are sold through specialty distributors, national hospital distribution companies and other medical device manufacturers. Internationally, products are sold directly to end users in the UK and Australia, and through other medical device companies and through independent medical products distributors in many other countries. UTMD has representation in all major developed countries as well as many underdeveloped countries through several
hundred distributors, 148 of which purchased at least five thousand dollars in UTMD medical devices during 2011.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD was formed as a Utah corporation in 1978.&#160;&#160;UTMD sold stock to the public one time in 1982 for $1,750 (before offering costs of $321).&#160;&#160;Since 1992, UTMD has returned $112,177 in the form of share repurchases, and an additional $27,923 in the form of cash dividends, to its public shareholders.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 10.8pt"></font>Utah Medical Products Ltd., a wholly-owned subsidiary with manufacturing located in Ireland, was formed in 1995 to better serve UTMD&#8217;s international customers. In 1997, UTMD purchased Columbia Medical, Inc. (CMI), a Redmond, Oregon company specializing in silicone injection molding, assembly and marketing vacuum-assisted obstetrical delivery systems.&#160;&#160;In 1998, UTMD acquired the neonatal product line of Gesco International, a subsidiary of Bard Access Systems and C.R. Bard, Inc.&#160;&#160;In 2004, UTMD acquired Abcorp, Inc., its supplier of fetal monitoring belts.&#160;&#160;On March 18, 2011, UTMD purchased all of the common shares of Femcare
Holdings Ltd (Femcare) of the United Kingdom, and its subsidiaries.&#160;&#160;Femcare is best known for its leading global gyn brand, the Filshie Clip System, a female surgical contraception device (tubal ligation).&#160;&#160;The addition of Femcare provides product and distribution channel diversification and expansion.&#160;&#160;Sales of the products, or derivatives of the products, from the four acquisitions noted above, comprised 61% of UTMD&#8217;s consolidated 2011 sales.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">PRODUCTS</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">More complete descriptions including part numbers and pictures of UTMD&#8217;s devices can be conveniently obtained at </font><font style="DISPLAY: inline; TEXT-DECORATION: underline">www.utahmed.com</font><font style="DISPLAY: inline; TEXT-DECORATION: underline"> and www.femcare-nikomed.co.uk.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fetal Monitoring Accessories.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The majority of births are considered "higher risk" due to lack of prenatal care, or use of anesthesia, among other factors.&#160;&#160;In many of these births, labor may become complicated and does not progress normally.&#160;&#160;The obstetrician or perinatologist must assess progression of labor to be able to intervene with drug therapy, infuse a solution to augment amniotic fluid, or ultimately if necessary, perform an operative procedure, and then be prepared for complications immediately following childbirth.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>To assist the physician in controlling the effectiveness of administration of oxytocin and monitoring effects of amnioinfusion, contraction intensities, uterine resting tones and peak contraction pressures are closely monitored through the use of an invasive intrauterine pressure catheter system.&#160;&#160;In addition, to help identify the possible onset of fetal hypoxia, correlation of the changes in fetal heart rate (FHR) relative to the frequency and duration of contractions are often electronically monitored.&#160;&#160;UTMD&#8217;s intrauterine pressure (IUP) catheters provide for clinician choices from a traditional fluid-filled system to INTRAN&#174; PLUS, for
over twenty years the most widely accepted transducer-tipped system.&#160;&#160;In addition, adjunct FHR electrodes, leg plates, toco belts and chart paper are provided by UTMD to complete a package of fetal monitoring supplies.&#160;&#160;UTMD&#8217;s IUP catheters include:</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">IUP-075 and UTMD&#8217;s other custom fluid-filled clear catheter kits utilize a saline-filled catheter that is placed within the uterine cavity, connected to a separate external reusable or disposable transducer.&#160;&#160;This product package, utilizing double lumen catheters, was the traditional mode of intrauterine monitoring prior to the introduction of INTRAN.&#160;&#160;An intrauterine pressure change is transmitted through the fluid column to the external pressure transducer.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Introduced in 1987, INTRAN was the first disposable intrauterine pressure catheter that placed the pressure transducer at the pressure source within the uterine cavity.&#160;&#160;This design eliminated the complicated setup of fluid-filled systems and provided more accurate pressure waveforms.&#160;&#160;INTRAN I was discontinued in 1995 in favor of the more widely preferred INTRAN PLUS, also covered by UTMD&#8217;s original INTRAN patent.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">INTRAN PLUS was introduced in 1991.&#160;&#160;The INTRAN PLUS catheter combines the transducer tip concept of INTRAN I with a refined tip design, a zeroing switch that allows the clinician to reset the reference of the monitor, and a dedicated amnio lumen which provides access to the amniotic fluid environment which may be helpful in the diagnosis and intervention of certain fetal conditions.&#160;&#160;In 1996, a viewport enhancement which allows physicians to observe amniotic fluid in a closed system was added to INTRAN PLUS.&#160;&#160;In 1997, UTMD introduced several variations to allow user preferences in tip size, zero switch location and amniotic fluid visualization.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD markets tocodynamometer belts, disposable electrodes, catheters and accessories as outlined above, but does not currently market electronic monitors, the capital equipment that process the electrical signals.&#160;&#160;In addition to products currently offered, UTMD intends to continue to investigate and introduce tools that enhance fetal monitoring techniques.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Vacuum-Assisted Delivery Systems (VAD). </font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s VAD Systems include CMI&#174; patented soft silicone bell-shaped birthing cups and patented hand-held vacuum pumps which UTMD believes are the safest products available for use in vacuum-assisted operative deliveries.&#160;&#160;UTMD&#8217;s patented soft silicone cup is a bell-shaped cup design that should be preferred for fetal well-being in low or outlet fetal stations with occiput anterior presentations, which represent more than 90% of the cases where VAD is indicated.&#160;&#160;Operative vaginal deliveries using forceps or vacuum-assisted delivery systems provide
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">knowledgeable physicians with a trial vaginal operative delivery prior to a more invasive C-section intervention.&#160;&#160;Although there are risks associated with vaginal operative deliveries which may currently represent 4-6% of all U.S. hospital births, the procedures are generally regarded as safer long term for the mother, and at least as safe for the fetus, as abdominal (Cesarean) delivery in comparable clinical situations.&#160;&#160;UTMD estimates that the VAD operative approach is used for about 3-5% of all U.S. births, with forceps as the alternative.&#160;&#160;UTMD&#8217;s patented bell-shaped soft silicone TENDER TOUCH&#174; cups enjoy a low reported complication rate compared to other vacuum cup designs, as evidenced by the FDA Medical Device Reporting System (MAUDE) which reports
specific names of products used in hospitals.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other Obstetrical Tools.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>AROM-COT&#8482; is a finger cover with a patented prong design to rupture maternal membranes with less patient pain and anxiety.&#160;&#160;MUC-X is an aspiration device used immediately after birth to clear neonatal respiratory passages and reduce exposure to potential infections.&#160;&#160;CORDGUARD&#174; is a product which unifies the multiple steps of clamping the neonate&#8217;s cord close to the umbilicus, severing the cord without splattering blood, drawing a clean cord blood sample, and assisting in the removal of the placenta.&#160;&#160;CORDGUARD&#8217;s sharpless, closed system reduces the risk of exposure to potentially infected blood, and consequently
reduces the high cost of exposure treatment under OSHA and CDC guidelines.&#160;&#160;In addition, CORDGUARD facilitates obtaining neonatal blood that is otherwise hard to obtain safely and cleanly.&#160;&#160;BT-Cath&#174; is a uterine balloon tamponade catheter for controlling severe postpartum hemorrhage.&#160;&#160;Its benefits include the ease of rapid deployment and ability to monitor further bleeding after the tamponade has been placed.&#160;&#160;Abcorp toco belts and straps for fetal monitoring by an external tocodynamometer are provided in latex-free form in several configurations.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DISPOSA-HOOD&#8482;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The DISPOSA-HOOD is an infant respiratory hood that is used in the NICU to administer oxygen to neonates and flush CO2 (carbon dioxide) while maintaining a neutral thermal environment (NTE) critical to proper physiologic responses.&#160;&#160;The DISPOSA-HOOD, placed over the infant's head, incorporates a round diffusor connection specifically designed to disperse the incoming gases along the inner surfaces of the hood, rather than allowing them to blow directly on the infant's head.&#160;&#160;The design allows more precise FIO2 (fractional inspired oxygen) control, minimizes convective heat loss from the head and provides optimum flows for elimination of CO2 by
ventilation. DISPOSA-HOOD, in contrast to an incubator, allows for excellent access to and visualization of the underdeveloped infant.&#160;&#160;Because it is a disposable product, it also prevents cross-contamination. Less invasive and constraining than nasal cannulae, Disposa-Hood avoids potential damage to fragile premature neonatal nasal/orotracheal tissues and maintains a NTE.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DELTRAN&#174; PLUS</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s DELTRAN blood pressure monitoring system has been adapted specifically for use in the NICU.&#160;&#160;The streamlined version eliminates needles used for blood sampling, avoids the loss of scarce neonatal blood volume and provides a closed system that reduces the risk of infection.&#160;&#160;The system features excellent visualization of clearing volume, and one-handed use.&#160;&#160;In 2011, UTMD continued its customization of Deltran kits for specific hospital applications.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">GESCO&#174;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In the third quarter of 1998, UTMD acquired the neonatal product line of Gesco International.&#160;&#160;GESCO, best known for optimally biocompatible silicone catheters, gained an early distinctive reputation for its focus on the special developmental needs of tiny, critically-ill babies.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>A class of catheters called umbilical vessel catheters (UVCs) are specially designed for administering vital medications and fluids immediately following birth through the infant&#8217;s umbilical vessel into the inferior vena cava.&#160;&#160;Because of the neonate&#8217;s small size and lack of vascular development, there is no better access to vital organs.&#160;&#160;The catheters are also called umbilical artery catheters (UACs) when placed in one of the umbilical arteries to measure blood pressure or monitor metabolic processes through blood analysis.&#160;&#160;In developing its UMBILI-CATH&#8482; product line, Gesco pioneered the use of soft, biocompatible
silicone catheters, helping to reduce the number of insertions required as well as other complications associated with invasive applications.&#160;&#160;UTMD has expanded the UVC product line to include catheters made from a proprietary thermosensitive polyurethane (Tecoflex&#174;) that offers many </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of the flexibility and biocompatibility advantages of silicone after insertion, with the greater rigidity of polyurethane preferred by many clinicians for ease of insertion. In addition, GESCO provides a convenient catheterization procedure tray of implements and supplies necessary to place UVC catheters, as well as perform other similar procedures.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The primary distinction of GESCO products is that they were developed with the special needs of the neonate in mind, not just cut-down or smaller versions of adult devices.&#160;&#160;For example, in the case of invasive catheters, the introducer, the soft rounded distal tip, mode of securing to the patient after insertion to avoid migration, luer-locking hub with minimal dead space, number of lumens, catheter radiopaque striping for visualization, variations in catheter lengths and diameters and special packaging are all features specially designed for neonates.&#160;&#160;UTMD continues to modify product features to incorporate current neonatal nurse practitioner
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The soft, biocompatible silicone catheter concept had important advantages in other applications including peripherally inserted central venous catheters (PICC lines), enteral feeding tubes, urinary drainage catheters, and chest drainage tubes.&#160;&#160;GESCO developed and marketed initial versions of all of these neonatal products.&#160;&#160;In order to keep pace with the trend of caring for smaller babies, UTMD has added smaller diameter versions of its URI-CATH&#174; and NUTRI-CATH&#174; products. At the request of customers who prefer a stiffer catheter for insertion, UTMD added a Tecoflex polyurethane oral-connection only Nutri-Cath series in 2009.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In 2000, UTMD gained FDA premarketing clearance of a PICC family of products specifically designed to minimize trauma to the critically ill neonate, named PICC-NATE&#174;.&#160;&#160;The PICC-Nate product line was designed with the input of experienced neonatal nurse practitioners for use as a long-term indwelling catheter system for single-use, therapeutic central venous infusion of drug solutions, blood products or other fluids and for blood sampling.&#160;&#160;The soft, strong silicone PICC-Nate comes in two diameter sizes and two hub configurations.&#160;&#160;In early 2003, UTMD added a Tecoflex polyurethane version that offers many of the flexibility and
biocompatibility advantages of silicone after insertion, with the greater rigidity of polyurethane preferred by many clinicians for insertion.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In 2006, UTMD developed a unique enteral feeding-only extension set named NUTRI-LOK&#174; that addresses important safety risks in the NICU &#8211; inadvertent connections with IV lines and inadvertent disconnections of components of the system spanning the dispensing container through the infusion catheter.&#160;&#160;NUTRI-LOK was launched to the market in January 2007.&#160;&#160;In October 2007, UTMD added dispensing syringes with interlocking connectors to its NUTRI-CATH/NUTRI-LOK family of enteral feeding devices.&#160;&#160;In 2008, UTMD expanded the NUTRI-LOK system with specialty extension sets for GI tubes and for continuous connection to a fluid pump. In
2009, UTMD added a Kangaroo bag for larger feeds along with other NUTRI-LOK accessories.&#160;&#160;In 2011, UTMD added variations in adapters and extension sets used with NUTRI-CATH.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In 2006, UTMD completed the replacement of all DEHP plasticizer PVC materials in its Gesco product line that may come in contact with neonatal patients, addressing another evolving safety concern related specifically to the possible maldevelopment of male neonates.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Other GESCO specialty products include a disposable peritoneal dialysis (PD) set that is a pre-assembled, sterile, closed system, called DIALY-NATE&#174;,&#160;&#160;PD is an ideal method to aid compromised renal function in a neonate because critically-ill pediatric patients may not have sufficient blood volume to support hemodialysis. DIALY-NATE is provided in a form that allows timely PD implementation.&#160;&#160;In 2008, UTMD added a DIALY-NATE version that can be used with a variety of fluid warming systems.&#160;&#160;In 2010, UTMD introduced a bifurcated system that allows for higher volume manual PD applications.&#160;&#160;Other specialty NICU devices
include a patented silicone oral protection device used to prevent palatal soft tissue injury by orotracheal tubes, called PALA-NATE&#174;; a pre-assembled, closed urinary drainage system, called URI-CATH<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#174;</font>, which reduces risk of infection and valuable nursing time, and a lumbar sampling kit with a tiny, specially-beveled needle for obtaining cerebral spinal fluid samples, called MYELO-NATE&#174;.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>GESCO&#8217;s first patented product, HEMO-NATE&#174;, is a disposable filter designed to remove microaggregates from stored blood prior to transfusion into a neonate where any deficiency can have an overwhelmingly negative impact on a neonate&#8217;s chances for survival, given an under-developed vasculature and small total blood volume.&#160;&#160;In 2001, UTMD introduced a new filter and an improved blood bag spike for Hemo-Nate, and a needleless version.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LETZ&#174; System</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The LETZ System (loop excision of the transformation zone) is used to excise cervical intraepithelial neoplasia (CIN) and other lower genital tract lesions related to human papilloma virus (HPV) infections.&#160;&#160;The electrosurgery procedure with hemostasis has become the standard of care for HPV cervical infection treatment, replacing cold knife scalpel, laser and cryotherapy procedural approaches because it is economical, safe, effective, quick and easy to perform, has fewer potential side effects, and requires little physician training.&#160;&#160;A major incentive for performing the LETZ procedure is that it may be performed using local anesthetic in a
physician's office, eliminating the time and expense of hospital or surgical center admittance.&#160;&#160;Most importantly clinically, in contrast to laser (tissue ablation) and cryotherapy (freezing of tissue), LETZ provides a fine tissue specimen for pathological assessment.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s LETZ System includes patented disposable electrodes, the patented FINESSE&#174; electrosurgical generator, and other miscellaneous components.&#160;&#160;A disposable loop electrode used to excise the tissue specimen is a pencil-like tube with a thin tungsten wire loop attached.&#160;&#160;The loop is available in varying sizes and includes a patented Safe-T-Gauge&#174; that can be positioned so the physician can accurately colposcopically monitor the amount of tissue being excised. Excising too much tissue can compromise fertility and result in premature birth. UTMD continues to augment its specialty electrodes.&#160;&#160;For example, the Company
introduced a patented conization electrode for deep endocervical disease called C-LETZ&#174;, designed to limit the removal of healthy tissue margins that might compromise adequate cervical function.&#160;&#160;UTMD also will continue to provide adapters and other components which allow its market-leading specialty electrodes to be used with other manufacturers&#8217; electrosurgical generators.&#160;&#160;The FINESSE electrosurgical generator is the only generator on the market that contains an integral smoke evacuator, required to filter smoke and vapors that contain potentially hazardous particulate material produced during electrosurgery.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>As a result of the 2007 American Society for Colposcopy and Cervical Pathology (ASCCP) revised guidelines for the treatment of CIN, which advised greater monitoring of lower grade lesions in lieu of surgical treatment, UTMD observed approximately a 10% decline in use of LETZ electrodes from a consistent gynecology customer base.&#160;&#160;The effect of the new guidelines now seems to have stabilized.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FINESSE&#174; Generator; Specialty Loop, Ball, and Needle Electrodes; FILTRESSE&#174; Evacuator; Other Specialty Electrodes; Other UTMD Supplies and Gynecologic Tools; Femcare Trochars and Cannulae; and Femcare Laparoscopic Instruments and accessories.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD has FDA clearance to market its electrosurgical system and tools for use in general surgery applications, including dermatology, plastic surgery and otolaryngology.&#160;&#160;In 2002, UTMD introduced a product line of ultra-fine tipped microdissection needles, called OptiMicro&#8482; Needles.&#160;&#160;These electrosurgical needles are particularly useful in small-scale plastic and reconstructive surgery applications.&#160;&#160;In 2009, UTMD added extended length OptiMicro needle versions useful in certain head and neck procedures. FILTRESSE is a stand-alone surgical smoke filtration system that combines high filtration efficiency, low cost and convenient use
in a surgical office setting. Other electrosurgery tools and accessories include disposable electrosurgical pens, dispersive pads, footswitches, filter packs, speculums, retractors, forceps, tenacula and hooks.&#160;&#160;UTMD acquired the distribution rights to a unique reusable four-way expander system which facilitates access to, and visualization of, the cervix, eliminating the need for less effective specula and lateral retractors.&#160;&#160;In 2007, UTMD developed OptiSpec<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#174;</font>, a patented ultra-bright light for cervical visualization without physician distraction during exams, pap smears and other vaginal procedures requiring direct cervical visualization without the use of a colposcope. In 2009, UTMD entered into a distribution agreement for the CompuMed anesthesia injection system for providing
computer-controlled, accurate, and pain-free injection of Lidocaine in LETZ procedures.&#160;&#160;In 2011, UTMD acquired Femcare&#8217;s single patient use trochars and cannulae available in shielded, bladeless, optical bladeless, blunt and thoracic designs.&#160;&#160;In addition, UTMD acquired Femcare&#8217;s laparoscopic instrument range and accessories which includes instruments suitable for all routine laparoscopic procedures requiring dissection, cutting, grasping and coagulation, e.g., monopolar scissors, various </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">grasping forceps, dissecting forceps, L and J hooks, spatulae, Verres needles, suction and irrigation tubing, insufflation tubing and connectors, pressure infusor bags and control valves.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EPITOME&#174;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>EPITOME is a patented electrosurgical scalpel which delivers precise performance in incision and excision with hemostasis while minimizing thermal side effects.&#160;&#160;Where rapid yet precise dissection of dense tissue is necessary, such as in mammaplasty or abdominoplasty, UTMD believes that EPITOME has no close substitute.&#160;&#160;Furthermore, an independent study concludes that the EPITOME scalpel provides a significant improvement over older devices in wound healing and patient comfort.&#160;&#160;EPITOME allows a rapid incision without countertraction, yielding limited morbidity, less post-surgical pain and cosmetically superior
results.&#160;&#160;&#160;EPITOME is useful where minimization of thermal tissue injury is important but control of bleeding needed.&#160;&#160;A patented bendable version of EPITOME with a smaller active electrode was introduced in 1998.&#160;&#160;Designed to significantly reduce the chance of tissue burns due to inadvertent electrode contact and where a smaller, bent scalpel tip is needed, the bendable EPITOME is of particular value, e.g., to thoracic surgeons in harvesting the internal mammary artery during coronary artery bypass surgery, as well as to otolaryngologists for tonsillectomies or uvulapalatalplasties.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FILSHIE CLIP System</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -14.45pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UTMD acquired the The Filshie Clip System as part of its acquisition of Femcare in March 2011. Sales of Filshie Clips, applicators and accessories currently represent over 80% of Femcare's total sales. The Filshie Clip is a female surgical contraception device used for tubal ligation, i.e., placed on the fallopian tubes, generally laparoscopically but also post partum during a C-Section procedure. The Filshie Clip, in use for over 30 years, is as effective as the newest occlusive devices and much more effective than the more traditional tubal ligation sterilization approaches, is as easy or easier to place as any of the traditional techniques and much easier than the newer hysteroscopic devices, is safer than
electrocautery and the newer hysteroscopic devices when placed by less than well-trained and skilled clinicians, and has a substantially higher probability of reversibility when compared to all of the other approaches for women who later decide they may like to get pregnant.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -14.4pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">There are several tubal ligation methods with varying degrees of effectiveness, safety and opportunity to be reversed.&#160;&#160;The traditional tubal ligation approach, informally known as &#8220;getting one&#8217;s tubes tied&#8221;, is a form of female sterilization in which the fallopian tubes are severed and sealed, permanently occluded or pinched shut.&#160;&#160;If the sterilization procedure is carried out at post-partum, the Pomeroy technique is often adopted. During this procedure a small loop of the fallopian tube is tied with a suture and the top section removed by cutting. A traditional method for interval sterilization is with the use of Bipolar Cautery (electrocautery). With this method, a current
flows between the tips of forceps when applied to the fallopian tube. This current then &#8220;burns&#8221; a portion of the fallopian tube shut. Although these common methods are relatively easy to perform, the &#8220;failure rate&#8221; of these methods, defined as the percentage of patients having undergone the procedure who subsequently get pregnant, has been reported to be about 3%. The Filshie Clip, which can be used at either interval or post-partum, is at least as easy to use and has a failure rate an order of magnitude less than Bipolar Cautery and the Pomeroy technique.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -14.4pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Apart from Bipolar Cautery and the Pomeroy technique, other mechanical devices are the Falope Ring (or Yoon Ring) and the Hulka Clip. Both these older methods have a higher failure rate than the Filshie Clip, are associated with more post-operative pain and have generally been abandoned in favor of other sterilization techniques. Sterilization carried out with the Falope Ring also reduces the chances of a successful reversal being carried out.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -14.4pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In more recent years, hysteroscopic sterilization has been introduced. Initially there was the ESSURE device, and more recently the ADIANA. Both these devices are inserted transvaginally, and are considered to be permanent implants.&#160;&#160;Although similar to the Filshie Clip in their effectiveness as measured after successful application, they take some time after placement to become effective, require an additional later procedure to confirm the tubes are blocked, are not reversible allowing later pregnancy and require more clinical skill to apply correctly. Thus greater physician training and skill is required to successfully complete the procedure.&#160;&#160;These devices may also preclude a patient from
receiving later electrosurgical procedures, for example ablation to address abnormal uterine bleeding, unless they are first surgically removed.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -14.4pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The U.S. FDA released the Filshie Clip for marketing in 1996 after a Femcare PMA submission.&#160;&#160;Now the Filshie Clip is effectively marketed in the U.S. through an exclusive distribution agreement with Cooper Surgical, Inc.&#160;&#160;Filshie Clip </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">sales to Cooper Surgical for use in the U.S. are presently about 20% of total annual Femcare sales.&#160;&#160;Outside the U.S., the Filshie Clip has numerous regulatory approvals and is sold directly by Femcare to clinicians in the U.K. and Australia, and through specialty distributors in other countries.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PATHFINDER PLUS&#8482;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>PATHFINDER PLUS is a proprietary endoscopic irrigation device that allows a uro/gyn surgeon to precisely irrigate, clearing the visual field, with the same hand that controls the endoscope, eliminating the need for a separate assistant to irrigate without visualization.&#160;&#160;An example of a procedure where Pathfinder has found success is ureteroscopic stone ablation.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LAWRENCE ADD-A-CATH</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Lawrence Add-a-Cath is a proprietary Femcare device designed for easy suprapubic introduction of a catheter for bladder drainage.&#160;&#160;Suprapubic catheterization is generally well-recognized as a drainage method with fewer complications than with urethal catheterization.&#160;&#160;Previous to UTMD&#8217;s acquisition of Femcare, it was distributed in the U.S. through an OEM customer.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>As part of its urology product line, Femcare distributes reusable and single patient use laser energy delivery devices which can dependably transmit both the Holmium and Nd:YAG wavelengths.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LIBERTY&#174; System</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>LIBERTY is a device for the conservative treatment and effective control of urinary incontinence in women.&#160;&#160;UTMD believes that LIBERTY is the easiest-to-use, most cost effective incontinence treatment available that yields a therapeutic effect, not just a cover-up. LIBERTY consists of a battery operated electrical stimulation unit and an intravaginal electrode probe.&#160;&#160;This physiotherapy technique, which can be done in the privacy of the home, involves passive strengthening of the periurethral muscles.&#160;&#160;Pulsed, low voltage, high frequency current is applied primarily to the pudendal neuromuscular tissue causing the pelvic area muscles to
contract, leading to better muscle tone.&#160;&#160;Because electrical stimulation has no known adverse side effects, LIBERTY provides women suffering from mild to moderate incontinence an effective, lower cost and lower risk alternative to more traumatic treatments such as surgery and drug therapy.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ENDOCURETTE&#8482;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In cooperation with Mayo Clinic, UTMD developed an advanced curette for uterine endometrial tissue sampling in the doctor&#8217;s office.&#160;&#160;The sampling procedure is intended primarily to rule out precancer or cancerous change of the uterus in premenopausal women with abnormal uterine bleeding, or women with postmenopausal bleeding.&#160;&#160;The device is part of a class of catheters designed to be used without dilitation of the cervix and without general anesthetic.&#160;&#160;The inherent weakness of this type of device, which is related to its small size, is that it may not remove enough tissue of the endometrium for an accurate histologic assessment, in
contrast to a more invasive D&amp;C hospital procedure.&#160;&#160;The patented tip of the EndoCurette was designed to obtain a more thorough tissue specimen without the need for dilitation, and without an increase in patient discomfort.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TVUS/HSG-Cath&#8482;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In order to further assess persistent abnormal or dysfunctional uterine bleeding and other suspected abnormalities of the uterus, or as a next step after endometrial tissue sampling with an EndoCurette, gynecologists are increasingly utilizing transvaginal ultrasound imaging of the uterus.&#160;&#160;UTMD&#8217;s TVUS/HSG-Cath was designed and released for marketing in 2007 to provide effective cervical occlusion that allows distention of the uterus to differentiate anterior and posterior endometrium, among other irregularities, together with minimal visual obstruction of the uterus near the internal os.&#160;&#160;In addition, the TVUS/HSG-Cath may be used in
hysterosalpingography radiographic procedures to assess the patency of fallopian tubes.&#160;&#160;A related device acquired in 2011 is Femcare&#8217;s Spackman Style uterine cannula designed for the manipulation of the uterus and injection of fluid to test the patency of the fallopian tubes.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LUMIN&#174;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>LUMIN&#174; is a patented gynecological tool developed by UTMD for reliably and safely manipulating the uterus in laparoscopic procedures.&#160;&#160;LUMIN combines the strength, range of motion and versatility of the higher end reusable </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">instruments with the lower cost and cleanliness of the inexpensive less functional disposable instruments presently on the market, while at the same time reducing the number of tools needed to move and secure the uterus.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DELTRAN&#174; Disposable Pressure Transducer (DPT)</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In pressure monitoring, a transducer is used to convert physiological (mechanical) pressure into an electrical signal that is displayed on electronic monitoring equipment.&#160;&#160;UTMD developed, patented and is now distributing its disposable transducer as a stand-alone product, and as a component in sterile blood pressure monitoring kits through direct representatives and other medical companies in the U.S., as well as independent distributors and other medical device companies internationally.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company believes that the DELTRAN DPT which it designed over twenty years ago (original patents have expired), and currently manufactures, remains the standard in terms of accuracy, reliability and ease of use.&#160;&#160;UTMD has an automated assembly line which allows the Company to effectively compete with larger suppliers on the basis of consistent quality and low manufacturing costs.&#160;&#160;Introduced in 1998, the DELTRAN PLUS provides a closed system for blood sampling, without the use of needles, reducing the risk of an unwanted infection for both the patient and the practitioner.&#160;&#160;In 2009, in conjunction with its other NICU devices, UTMD
continued to configure neonatal Deltran custom kits which satisfy the special needs of conserving limited blood volume and protecting the neonate from infection.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pressure Monitoring Accessories, Components and Other Molded Parts.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Components included in blood pressure monitoring kit configurations include flush devices, stopcocks, fluid administration sets, caps, pressure tubing, interface cables and organizers.&#160;&#160;The Company sells similar components designed for other medical device company applications which incorporate UTMD&#8217;s technologies and designs.&#160;&#160;DELTA-CAL&#8482; is a calibration device used to check proper functioning of an arterial pressure system.&#160;&#160;In addition, UTMD sells plastic molded parts on a subcontract basis to a number of medical and non-medical device companies.&#160;&#160;In addition, partly as a result of its excellent quality system and
ISO13485 certification, UTMD performs subcontract assembly, testing and packaging of components that are proprietary to other medical device firms.&#160;&#160;UTMD believes that this practice helps better utilize its investment in fixed plant and equipment, and spreads overhead costs resulting in better profit margins on finished device sales.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD divides its sales into three distribution categories: 1) &#8220;domestic direct sales&#8221; which are sales to U.S. end user customers directly from UTMD or through medical supply distributors, 2) &#8220;domestic OEM sales&#8221; which are finished device or component sales to other companies in the U.S. where products are resold as part of another company&#8217;s product offerings and 3) &#8220;international sales&#8221; which are finished device and component sales to entities outside the U.S.&#160;&#160;Outside the U.S., because of the substantial use of third party distributors, UTMD cannot distinguish between &#8220;direct&#8221; and &#8220;OEM&#8221; sales
channels.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Domestic direct sales</font>.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>For domestic direct sales, which in 2011 represented 40% of total consolidated worldwide sales, marketing efforts are complex and fragmented.&#160;&#160;UTMD&#8217;s marketing focus is with clinicians who take responsibility for obtaining optimal patient care outcomes, primarily through clinical meetings and trade shows.&#160;&#160;In competitive bidding processes, UTMD works primarily with administrators who are responsible for hospital purchasing decisions.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD competes primarily on the basis of improved patient safety and reliable device performance in the hands of a trained clinician.&#160;&#160;A number of UTMD&#8217;s devices are strong brands because they are well-recognized by clinicians as clinically different and have been in use for decades.&#160;&#160;UTMD&#8217;s broad offering of finished devices is comprised of dozens of specialty device types.&#160;&#160;Although there may be only a few competitors for each type, in the aggregate UTMD has dozens of U.S. medical device competitors.&#160;&#160;There are at least two competitors with significant market share for each of UTMD&#8217;s device types.</font></div>

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degree hospitals become less focused on patient safety and clinical outcomes and more on out-of-pocket unit price, UTMD&#8217;s competitive position weakens.</font></div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Domestic OEM sales</font>.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In 2011, UTMD sold components and finished devices to 125 other companies in the U.S., representing about 9% of consolidated total sales.&#160;&#160;UTMD acquired Cooper Surgical, Inc. (Cooper) as its largest domestic OEM customer in 2011 through the acquisition of Femcare.&#160;&#160;Sales to Cooper were 65% of domestic OEM sales and 6% of consolidated total sales.&#160;&#160;Cooper purchases the Filshie Clip System for distribution within the U.S.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>For over 30 years, the Company has utilized its manufacturing capabilities and engineering know-how to produce high quality components for other companies.&#160;&#160;Because it is well-known in that regard, UTMD does not actively market its OEM business.&#160;&#160;UTMD&#8217;s website, which lists its capabilities, is often the basis for contacts for new OEM work.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Although there are hundreds of manufacturers in the U.S. with similar manufacturing capabilities, UTMD&#8217;s primary competition comes from East Europe, India and China device component manufacturers which have much lower wage rate structures.&#160;&#160;To the extent that the U.S. Dollar gains strength in any period of time against foreign currencies, UTMD&#8217;s ability to be cost-competitive with foreign manufacturers is additionally diminished.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">International sales</font>.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Prior to 2011,with only a few exceptions, UTMD&#8217;s international sales were to other companies and distributors, not to clinical users.&#160;&#160;After the acquisition of Femcare in March 2011, UTMD&#8217;s international sales represent a majority of consolidated total sales. UTMD&#8217;s third party representatives in other countries outside the U.S. increased from about 300 in 2010 to about 400 in 2011. Ten percent of these distributors represented 80% of UTMD&#8217;s 2011 indirect international sales.&#160;&#160;UTMD now has the capability of utilizing Femcare&#8217;s resources to sell its products (excluding Femcare&#8217;s) directly in the UK. Because of an
expanded distributor network and the fact that UTMD in 2012 will convert previous distributor sales to end user sales in the UK and Ireland, UTMD expects that international sales will continue to grow more rapidly than its domestic sales.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s website provides information that frequently results in unsolicited contacts from foreign entities.&#160;&#160;The Company has thousands of competitors worldwide.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>An important success factor in the current healthcare industry is access to customers.&#160;&#160;Although the U.S. hospital supplier environment has been consolidating as a result of group purchasing organizations (GPOs), or their equivalents, the financial relationships and true benefits for hospitals has come under increased scrutiny, both by hospitals&#8217; managements themselves and by the government.&#160;&#160;As a potential positive factor to UTMD&#8217;s future performance, the increased scrutiny may lead to an understanding consistent with UTMD&#8217;s belief that hospitals are not currently saving money under the GPO contracts.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In addition, the longer term overall cost of care will continue to increase, with quality of care lower, as innovative suppliers are excluded from participating in the marketplace as a result of unnecessary regulatory and other purely administrative burdens, as well as a new excise tax burden levied under the 2010 Patient Protection and Affordable Care Act.&#160;&#160;The length of time and number of administrative steps required in evaluating new products for use in hospitals has grown substantially in recent years.&#160;&#160;As a potential negative factor to future performance, as UTMD introduces new products it believes are safer and more effective, it may find
itself excluded from certain customers because of the existence of long term supply agreements for existing products.&#160;&#160;UTMD may also be unable to establish viable relationships with other medical device companies that do have access to users but lack an interest in the Company&#8217;s approach or demand too great a financial or administrative burden.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In the U.S. and UK, UTMD sells its products through its own directly employed sales force and through selective independent manufacturer representatives.&#160;&#160;In 2012, UTMD will begin selling through its own directly employed </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">representatives in Ireland.&#160;&#160;The direct representatives concentrate on applications for UTMD products where customer training and support may be important.&#160;&#160;As of February 2012, the direct sales force is comprised both of &#8220;outside&#8221; representatives operating remotely in specific geographic areas, and &#8220;inside&#8221;
representatives who operate primarily by telephone from corporate offices.&#160;&#160;Direct representatives are trained to understand the medical procedures being performed within UTMD&#8217;s clinical focus.&#160;&#160;Through the use of its one-on-one contacts with physicians and other clinical practitioners directly involved in patient care, the direct sales force positions UTMD to gain market leadership with solutions to clinical problems.&#160;&#160;In addition to its direct representatives, UTMD utilizes third party consulting clinical specialists to augment its customer training programs.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>When hospital customers request it, UTMD provides its products through national distribution companies, also known as Med/Surg distributors.&#160;&#160;Sales to Med/Surg distributors currently comprise about 10% of total domestic direct sales.&#160;&#160;In contrast, fifteen years ago, national distributors and independent stocking distributors in the U.S. represented more than 65% of UTMD&#8217;s direct domestic Ob/Gyn and Neonatal products business.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#160;&#160;</font>In addition to the above traditional sales approaches, UTMD encourages customers to take advantage of fast and easy online ordering at <font style="DISPLAY: inline; TEXT-DECORATION: underline">https://storefront.utahmed.com</font>. UTMD introduced this advanced &#8220;portal&#8221; website in 2006. It provides a convenient and secure method for placing orders, allows the customer to easily monitor the status of orders and shipments, simplifies the reordering process and gives quick access to account information.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Additionally, UTMD sells component parts to other companies for use with their product lines.&#160;&#160;This OEM distribution channel effort is simply maximizing utilization of manufacturing capabilities that are otherwise needed for UTMD's primary business, and, except in the case of distribution of the Filshie Clip System in the U.S. by Cooper Surgical, Inc., does not compete with or dilute UTMD&#8217;s direct distribution and marketing programs.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Internationally, the Company sells its products through over 400 regional distributors and OEMs (other medical device manufacturers and/or distributors) in addition to its own direct representatives in the UK and Ireland.&#160;&#160;The international business outside the UK and Ireland is driven by the initiative and resourcefulness of those many independent distributors.&#160;&#160;UTMD&#8217;s Internet website <font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">www.utahmed.com</font> is a frequent conduit for international customer inquiries.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">NEW PRODUCT DEVELOPMENT</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>New product development has been a key ingredient to UTMD&#8217;s market identity.&#160;&#160;Product development takes three interrelated forms: 1) improvements, enhancements and extensions of current product lines in response to clinical needs or clinician requests, 2) introduction of new or augmented devices that represent a significant improvement in safety, effectiveness and/or cost of care, and 3) acquisitions of products or technology from others.&#160;&#160;Manufacturing process development is an equally important aspect that cannot be separated from the successful design and development of new devices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Because of UTMD&#8217;s reputation as a focused product developer, its financial strength and its established clinician user base, it enjoys a substantial inflow of new product development ideas. Internal development, joint development, product acquisitions and licensing arrangements are all included as viable options in the investigation of opportunities. Only a small percentage of ideas survive feasibility screening. For internal development purposes, projects are assigned to a project manager who assembles an interdisciplinary, cross-functional development team. The team&#8217;s objective is to have a clinically acceptable, manufacturable and regulatory-released
product ready for marketing by a specific date. Approximately ten projects on the average, depending on the level of resources required, are underway at UTMD at any given time. More than 50% of assigned projects do not succeed in attaining a product that meets all of the Company&#8217;s criteria. In particular, this includes a product that is highly reliable, easy to use, cost-effective, safe, useful and differentiated from the competition. Once a product is developed, tooled, fully tested and cleared for marketing by the applicable regulatory entity(ies) in the U.S. and/or other countries, there remains a reasonable probability it cannot be successfully marketed for any number of reasons, not the least of which is being beaten to the market by a competitor with a better solution, or not having access to users because of limitations in marketing and distribution resources or
exclusionary contracts of GPOs.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>At December 31, 2011, the Company had 176 employees, and an additional eleven subcontract employees in Utah.&#160;&#160;The subcontract employees represent UTMD&#8217;s desire to provide handicapped persons additional work opportunities, hired through the Utah state-supported Work Activity Center.&#160;&#160;The average tenure at UTMD of employees in the U.S. and Ireland is over twelve years, which conveys an important benefit due to the level of training required to produce consistently high quality medical devices.&#160;&#160;The Company's continued success will depend to a large extent upon its ability to retain skilled and experienced employees.&#160;&#160;No
assurances can be given that the Company will be able to retain or attract such employees in the future, although management is committed to providing an attractive environment in which reliable, creative and high achieving people wish to work.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>None of the Company's officers or directors is bound by restrictive covenants from prior employers that limit their ability to contribute to UTMD&#8217;s programs.&#160;&#160;All professional employees sign a code of conduct and a confidentiality and non-compete agreement as a condition of employment, and as consideration for receipt of stock option awards and participation in the annual sales and management bonus program.&#160;&#160;All employees participate in contemporaneous performance-based bonus programs.&#160;&#160;None of the Company's employees is represented by labor unions or other collective bargaining groups.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company owns or exclusively licenses twenty unexpired patents, has four patents pending and is the licensee of certain other technology.&#160;&#160;There can be no assurance, however, that patents will be issued with respect to any pending applications, that marketable products will result from the patents or that issued patents can be successfully defended in a patent infringement situation.&#160;&#160;The Company also owns thirty registered trademarks which have achieved significant brand recognition.&#160;&#160;The Company believes that its trademarks and tradenames, many of which have become well known in the global medical community through decades of
successful use of the associated medical devices, have substantially more intangible value than its patents.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The ability of the Company to achieve commercial success depends in part on the protection afforded by its patents and trademarks.&#160;&#160;However, UTMD believes that the protections afforded by patents and trademarks are less important&#160;&#160;to&#160;&#160;UTMD&#8217;s business, taken as a whole,&#160;&#160;than a medical device&#8217;s incremental clinical utility, which may be dominated by a number of other factors including relative cost, ease of use, ease of training/adoption, perceived clinical value of different design features, risk of use in applicable procedures, the reliability of achieving a desired outcome in the hands of different users and market
access to potential users.&#160;&#160;In cases where competitors introduce products that may infringe on UTMD&#8217;s technology or trademarks, the Company has an obligation to its shareholders to defend its intangible property to the extent that it can afford to do so, and that it is material to the Company&#8217;s success.&#160;&#160;The Company must also defend itself when competitors allege that UTMD may be infringing their technology.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>As a matter of policy, UTMD has acquired and will continue to acquire the use of technology from third parties that can be synergistically combined with UTMD proprietary product ideas.&#160;&#160;During 2011, ongoing royalties included in cost of goods sold were $210.&#160;&#160;Other royalties have been previously paid as a lump sum, or were incorporated into the price of acquisitions or into the cost of purchased components which practice certain patents of third parties.&#160;&#160;Also as a matter of policy, UTMD licenses its proprietary technology to others in circumstances where licensing does not directly compete with UTMD's own marketing
initiatives.&#160;&#160;UTMD&#8217;s future financial performance may also depend on the marketing ability of other companies that license UTMD&#8217;s technology.&#160;&#160;During 2011 the Company received $71 in royalty income, following none in the prior two years.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD's products and manufacturing processes are subject to regulation by the U.S. Food &amp; Drug Administration (&#8220;FDA&#8221;), as well as other regulatory bodies globally.&#160;&#160;The FDA has authority to regulate the marketing, manufacturing, labeling, packaging and distribution of medical devices in the U.S.&#160;&#160;In addition, requirements exist under other federal laws and under state, local and foreign statutes that may apply to the manufacturing and marketing of the Company's medical devices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>All manufacturers of medical devices must register with the FDA and list all medical devices produced by them.&#160;&#160;&#160;In addition, prior to commercial distribution of some devices for human use, a manufacturer must file a notice with the FDA, setting forth certain information regarding the safety and effectiveness of the device that is acceptable in content to the FDA.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Devices which are classified in Class I are subject only to the general controls concerning adulteration, misbranding, good manufacturing practices, record keeping and reporting requirements.&#160;&#160;Devices classified in Class II must, in addition, comply with special controls or performance standards promulgated by the FDA.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Except for the Filshie Clip System, all of UTMD&#8217;s present products are unclassified, Class I or Class II devices.&#160;&#160;The Filshie Clip System is a Class III device which has more stringent regulatory controls. The Company is in compliance with all applicable U.S. regulatory standards including CFR Part 820, the FDA Quality System Regulation (QSR) effective in 1997, also known as cGMPs (current good manufacturing practices).&#160;&#160;&#160;The Company&#8217;s most recent FDA inspection was in March 2010, which did not result in the issuance of any FDA-483 observations.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In 1994, UTMD received certification of its quality system under the ISO9001/EN46001 standards (&#8220;ISO&#8221; stands for &#8220;International Organization of Standardization&#8221;) which it maintained until December 2003.&#160;&#160;In October 2003, UTMD&#8217;s Utah facility was certified under the more stringent ISO13485 standard for medical devices. UTMD&#8217;s Ireland facility was certified under the concomitant ISO13488 standard.&#160;&#160;In July 2006, both facility ISO certifications were upgraded to the even more stringent ISO13485:2003 standards, which continue to be maintained.&#160;&#160;UTMD&#8217;s Femcare facility in the UK is also certified under
ISO13485:2003. UTMD remains on a continuous periodic audit schedule by its independent notified body in order to stay current with international regulatory standards, and retain its certifications. UTMD has received CE Mark certifications (demonstrates proof of compliance with the European Community&#8217;s ISO standards) for essentially all of its products. The U.S. FDA QSR was developed in harmony with the ISO standards.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">SOURCES AND AVAILABILITY OF RAW MATERIALS</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Most of the components which the Company purchases from various vendors are readily available from a number of sources.&#160;&#160;That notwithstanding, the Company maintains safety stocks that anticipate the time required to source and qualify new vendors.&#160;&#160;Alternative sourcing of various components is continually underway.&#160;&#160;Vendors are qualified by Corporate Quality Assurance. In the few cases where the Company has a sole source, it either maintains or has agreement with the supplier to maintain excess safety stocks that would cover the time required to develop and qualify a new source. The Company has a vendor quality monitoring program that
includes routinely checking incoming material for conformance to specifications, as required per written procedures.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD regards the international marketplace as the most important element of its growth strategy.&#160;&#160;UTMD is keenly aware that not only are international markets different from the U.S. market, but also that each country has its own set of driving influences that affects the dynamics of the nature of care given and medical devices used.&#160;&#160;The Company operates two international facilities, in Romsey, Hampshire, England, and in Athlone, County Westmeath, Ireland.&#160;&#160;These facilities offer a number of advantages: 1) from a marketing point of view, better response to Europe, Middle East, and Africa customers, including a better understanding of
customer needs, less costly distribution and, in the EU, duty-free access to 500 million patients; 2) from a regulatory point of view, faster new product introductions; and 3) from a manufacturing point of view, reduced dependence on one manufacturing site and increased capacity for existing U.S. facilities.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Total revenues from customers outside the U.S. in 2011 were $19,007 (50% of total sales), compared to $7,690 (31% of total sales) in 2010 and $7,291 (28% of total sales) in 2009.&#160;&#160;Exports from the U.S. to international customers were $5,387 in 2011, $4,576 in 2010 and $4,150 in 2009.&#160;&#160;Exports represented 28%, 60% and 57% of total UTMD international sales in 2011, 2010 and 2009, respectively.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>For sales by international geographic area, please see notes 1 and 11 to the Consolidated Financial Statements.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>&#8220;Backlog&#8221; is defined as orders received and accepted by UTMD which have not shipped yet. As a supplier of primarily disposable hospital products, the nature of UTMD&#8217;s business requires fast response to customer orders. Virtually all direct shipments to end users are accomplished within a few days of receipt of customer purchase orders. Consequently, UTMD&#8217;s backlog at any point in time is comprised mainly of orders from OEM and international customers, which purchase in larger quantities at less frequent intervals. Backlog shippable in less than 90 days was $1,293 as of January 1, 2012, $847 as of January 1, 2011 and $589 as of January 1, 2010.
The backlog as of January 1, 2012 included Femcare backlog of $144.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">SEASONAL ASPECTS</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company's business is generally not affected by seasonal factors, but it is affected by uneven purchasing patterns of U.S. OEM customers and international distributors<font style="DISPLAY: inline; TEXT-DECORATION: underline">.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">PRODUCT LIABILITY RISK MANAGEMENT</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The risk of product liability lawsuits is a negative factor in the medical device business because devices are frequently used in inherently risky situations to help clinicians achieve a more positive outcome than what might otherwise be the case.&#160;&#160;In any lawsuit against a company where an individual plaintiff suffers permanent physical injury, a possibility of a large award for damages exists whether or not a causal relationship exists.&#160;&#160;However, no such damages have been awarded against UTMD in its 33 year history.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD in the U.S. and Ireland is self-insured for product liability risk, and reserves funds against its current performance on an ongoing basis to provide for its defense should any lawsuits be filed. The Company&#8217;s average cost of defense (excluding Femcare) over the last nineteen years was less than $19 per year. Because the Filshie Clip is a Class III device, Femcare insures its product liability risk though a third-party insurance company at a cost of about $191 per year.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The best defense the Company believes that it has is the consistent conformance to specifications of its proven safe and effective products.&#160;&#160;Over the time span of the last nineteen years, UTMD has been named as a defendant, along with each attending physician and hospital, in four lawsuits which involved a patient injury related to operative vaginal deliveries where a UTMD VAD birthing cup or hand pump was used. The VADS devices in all four cases did conform to specifications.&#160;&#160;UTMD was ultimately dismissed as a defendant in all of the lawsuits, and legal costs were not material to performance. During the last nineteen year period of time during
which over twenty million finished devices (excluding Femcare) were used, there were only two other lawsuits involving UTMD devices.&#160;&#160;In the first, regarding the use of EndoCurette, there was no evidence of patient injury. The lawsuit was settled in 2010 for an immaterial amount to avoid the diversion of management time and substantial costs of litigation, even though UTMD was confident that the case was without merit.&#160;&#160;In the second, UTMD was recently brought into a lawsuit by a defendant physician, speculating a design deficiency in a Finesse electrosurgical generator (ESU) which had been in use for eighteen years before the injury event, and used successfully by the same physician after the event. The injured patient does not allege any fault by UTMD.&#160;&#160;The physician alleged defective ESU has mysteriously disappeared. UTMD expects to resolve this case for
an immaterial amount, and will seek reimbursement of its legal costs as well as appropriate further sanctions against the third party plaintiff and his attorney.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In the current tort system in the U.S., frivolous product liability cases do get filed where aggressive attorneys calculate that a company will find it cheaper to settle for some nominal amount in lieu of substantial defense costs of going to court.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>This report contains certain forward-looking statements and information relating to the Company that are based on the beliefs of management as well as assumptions made by management based on information currently available.&#160;&#160;When used in this document, the words &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;project,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend&#8221; and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements.&#160;&#160;Such statements reflect the current view of the Company respecting future events and are subject to certain risks,
uncertainties and assumptions, including the risks and uncertainties stated throughout the document.&#160;&#160;Although the Company has attempted to identify important factors that could cause the actual results to differ materially, there may be other factors that cause the forward statement not to come true as anticipated, believed, projected, expected, or intended.&#160;&#160;Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those described herein as anticipated, believed, projected, estimated, expected or intended.&#160;&#160;Financial estimates are subject to change and are not intended to be relied upon as predictions of future operating results, and the Company assumes no obligation to update or disclose revisions to those estimates.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 1A &#8211; RISK FACTORS</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Legislative healthcare reform in the United States, as embodied in The Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 (the &#8220;Acts&#8221;) adds a substantial excise tax slated to begin in 2013, increases administrative costs and may lead to decreased revenues:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The voluminous Acts, administrative rules to enforce the Acts and promised efforts to reform the Acts, make the U.S. medical device marketplace unpredictable, particularly for the thousands of small medical device manufacturers including UTMD that do not have the overhead structure that the large companies can afford.&#160;&#160;To the extent that the Acts place additional burdens on small medical device companies in the form of an excise tax on medical device sales, additional oversight of marketing and sales activities and new reporting requirements, the result is likely to be negative for UTMD&#8217;s ability to effectively compete and support continued investments
in new product development and marketing of specialty devices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Increasing regulatory burdens including premarketing approval delays may result in significant loss of revenue, unpredictable costs and loss of management focus on helping the Company thrive:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company&#8217;s experience in 2001-2005, when the FDA sought to shut it down highlights the ongoing risk of being subject to a regulatory environment which can be arbitrary and capricious.&#160;&#160;The risks associated with such a circumstance relate not only to the substantial costs of litigation in millions of dollars, but also loss of business, the diversion of attention of key employees for an extended period of time, from new product development and routine quality control management activities, and a tremendous psychological and emotional toll on employees.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Since the FDA reserves to itself the interpretation of which vague industry standards comprise law at any point in time, it is impossible for any medical device manufacturer to ever be confident that it is operating within the Agency&#8217;s version of the law.&#160;&#160;The result is that companies, including UTMD are considered guilty prior to proving their innocence.&#160;&#160;New premarketing submission rules and substantial increases in &#8220;user fees&#8221; may increase development costs and result in delays to revenues from new or improved products.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">The growth of Group Purchasing Organizations adds non-productive costs, typically weakens the Company&#8217;s marketing and sales efforts and may result in lower revenues:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>GPOs, theoretically acting as bargaining agents for member hospitals, but actually collecting revenues from the companies that they are negotiating with, have made a concerted effort to turn medical devices that convey special patient safety advantages and better health outcomes, like UTMD&#8217;s, into commodities. GPOs have been granted an antitrust exemption by the U.S. Congress. Otherwise, their business model based on &#8220;kickbacks&#8221; would be a violation of law.&#160;&#160;These bureaucratic entities do not recognize or understand the overall cost of care as it relates to safety and effectiveness of devices, and they create a substantial administrative
burden that is primarily related to collection of their administrative fees.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">As the healthcare industry becomes increasingly bureaucratic it puts smaller companies like UTMD at a competitive disadvantage:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>An aging population and an extended economic recession are placing greater burdens on healthcare systems, particularly hospitals.&#160;&#160;The length of time and number of administrative steps required in adopting new products for use in hospitals has grown substantially in recent years.&#160;&#160;Smaller companies like UTMD typically do not have the administrative resources to deal with broad new administrative requirements, resulting in either loss of revenue or increased costs.&#160;&#160;As UTMD introduces new products it believes are safer and more effective, it may find itself excluded from certain customers because of the existence of long term supply
agreements for preexisting products, particularly from competitors which offer hospitals a broader range of products.&#160;&#160;Restrictions used by hospital administrators to limit clinician involvement in device purchasing decisions makes communicating UTMD&#8217;s clinical advantages much more difficult.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">A product liability lawsuit could result in significant legal expenses and a large award against the Company:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s devices are frequently used in inherently risky situations to help physicians achieve a more positive outcome than what might otherwise be the case.&#160;&#160;In any lawsuit where an individual plaintiff suffers permanent physical injury, the possibility of a large award for damages exists whether or not a causal relationship exists.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">The Company&#8217;s reliance on third party distributors in some overseas markets may result in less predictable international revenues:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s international distributors have varying expertise in marketing and selling specialty medical devices.&#160;&#160;They also sell other devices that may result in less focus on the Company&#8217;s products.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">The substantial increase in debt required to finance the acquisition of Femcare Group Ltd represents an increased business risk until the debt is repaid:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>While the debt will help positively leverage financial performance if UTMD maintains future performance consistent with 2011 performance, it could also negatively leverage financial performance if the Company is unable to maintain sales volume and profit margins in a competitive worldwide market for its medical devices.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">The loss of one or more key employees could negatively affect UTMD performance:</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>In a small company with limited resources, the distraction or loss of key personnel at any point in time may be disruptive to performance.&#160;&#160;The Company&#8217;s benefits programs are key to recruiting and retaining talented employees.&#160;&#160;The rapid increase in UTMD&#8217;s employee healthcare plan costs, for example, may cause the Company to have to reduce coverages which in turn represents a risk to retaining key employees.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Office and Manufacturing Facilities.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>At the beginning of 2012, the Company's operations were located in 110,000 square feet of facilities near Salt Lake City, Utah, a 77,000 square foot facility in Athlone, County Westmeath, Ireland, and 12,000&#160;square feet of facilities near Romsey, Hampshire, England.&#160;&#160;In 2011, UTMD acquired the leased UK facilities which house Femcare. During 2010 the Company expanded its Midvale, Utah facility which allowed consolidation of injection molding operations previously located in a leased facility in Redmond, Oregon.&#160;&#160;The Oregon facility lease has been terminated.&#160;&#160;UTMD owns all of its property and facilities in the U.S. and Ireland, with
the exception of a long-term lease with 20 years remaining on one section of its Midvale parking lot.</font></div>

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internationally, and administrative offices.</font></div>

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<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">PART II</font></font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 5 - MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Market Information.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD's common stock trades on the NASDAQ Global Market (symbol:UTMD).&#160;&#160;The following table sets forth the high and low sales price information as reported by NASDAQ for the periods indicated:</font></div>

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<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="16%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="16%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">High</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Low</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">High</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Low</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1st Quarter</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.00</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.82</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.06</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2nd Quarter</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.00</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.76</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3rd Quarter</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27.00</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.52</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.51</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4th Quarter</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27.44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.53</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">30.46</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.02</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Stockholders.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The approximate number of beneficial stockholders of UTMD&#8217;s common stock as of March 8, 2012 was 2,000.</font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dividends.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The following sets forth cash dividends declared or paid during the past two years:</font></div>

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</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Record<font style="DISPLAY: inline">&#160;Date</font></font></div>
</td>
<td valign="bottom" width="5%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Payable<font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;</font>Date</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Per Share Amount</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">March 12, 2010</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">April 2, 2010</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">June 15, 2010</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">July 2, 2010</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">September 16, 2010</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">October 5, 2010</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 15, 2010</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 30, 2010</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.96 &#160; </font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">March 18, 2011</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">April 5, 2011</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">June 17. 2011</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">July 5, 2011</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">September 16, 2011</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">October 2, 2011</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 14, 2011</font></div>
</td>
<td align="left" valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="23%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 29, 2011</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.24 &#160; </font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="40%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010 total paid per share</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.665</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="29%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011 total paid per share</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.945</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Issuer Purchases of Equity Securities.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD did not purchase any of its own securities during fourth quarter 2011 or at any time during 2011.&#160;&#160;During 2010, UTMD purchased 17,570 of its shares for $439 including commissions and fees, compared to 5,367 shares for $116 in 2009.</font><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 6 - SELECTED FINANCIAL DATA</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dollar amounts are in thousands, except per share data.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The following selected consolidated financial data of UTMD and its subsidiaries for the five years ended December 31, 2011, are derived from the audited financial statements and notes of UTMD and its subsidiaries, certain of which are included in this report.&#160;&#160;The selected consolidated financial data should be read in conjunction with UTMD&#8217;s Consolidated Financial Statements and the notes included elsewhere in this report.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="30%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="14" nowrap valign="bottom" width="49%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Year Ended December 31</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="30%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2008</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2007</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,860</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,121</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,916</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27,782</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28,502</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Income</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,258</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,205</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,905</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings Per Common Share (Diluted)</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.03</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.65</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.72</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.86</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total Assets</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">76,389</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,238</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,754</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38,821</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45,986</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Working Capital</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,385</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23,239</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24,472</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21,511</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,767</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Long-term Debt</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16,242</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">909</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,403</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,828</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,689</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash Dividends Per Common Share</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.945</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.665</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.925</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.130</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.870</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="36%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="14" nowrap valign="bottom" width="42%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Quarterly Data for 2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="36%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">First<font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;</font>Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Second Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Third Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Fourth Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Sales</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,793</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,377</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,784</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,907</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross Profit</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,710</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,260</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,518</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,913</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Income</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,336</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,982</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,237</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,858</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings Per Common Share (Diluted)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.37</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.54</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.61</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.51</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="36%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="14" nowrap valign="bottom" width="42%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Quarterly Data for 2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="36%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">First Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Second Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Third Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Fourth Quarter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Sales</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,436</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,276</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,201</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,208</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross Profit</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,323</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,267</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,336</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,284</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Income</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,527</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,467</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,512</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,509</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings Per Common Share (Diluted)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.40</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">.41</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">18</font></div>

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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">ITEM 7 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Currency amounts are in thousands except per-share amounts and where noted.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The following comments should be read in conjunction with the accompanying financial statements.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Overview</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>On March 18, 2011, UTMD acquired Femcare (see note 6).&#160;&#160;The performance of Femcare after March 17, 2011 is included in 2011 financial results.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A summary of income statement measures for 2011 compared to 2010 follows:</font></div>

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<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,860</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,121</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">50.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross Profit</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22,400</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13,209</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">69.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating Income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,842</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,922</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">32.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income Before Tax</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,080</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,041</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="27%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings per Share</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.034</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.651</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A comparison of profit margins in 2011 to 2010 follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross Profit Margin</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">59.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">52.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="38%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating Income Margin</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net Income Margin</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The acquisition of Femcare Group Ltd in March 2011 was substantially accretive to UTMD&#8217;s financial performance in 2011, highlighted by a 51% increase in consolidated sales and a 23% increase in earnings per share (eps).&#160;&#160;The Company&#8217;s continued excellent profitability allowed it to pay down the five-year term loans that it incurred to finance the purchase of Femcare faster than required, while retaining UTMD&#8217;s program of dividend payments to its shareholders.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -6.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>In addition to the obvious benefit of a much greater sales volume to absorb the overhead costs of its critical infrastructure, a significant benefit of the Femcare acquisition for UTMD was the geographic diversification of sales. In 2011, sales to entities outside the U.S. comprised 50% of total sales compared to 31% in 2010.&#160;&#160;Sales to customers outside the U.S. were $19,007 in 2011 compared to $7,690 in 2010, a 148% increase. In 2011, UTMD had 148 foreign distributors purchase more than $5 during the year compared to 107 in 2010.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -6.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>In addition to the greater number of overseas sales distribution entities, UTMD expects to be able to better cross-utilize distributors previously representing one or the other of Femcare or UTMD, but this integration project continues somewhat slowly as distributors evaluate and learn about the other specialized product lines relative to their individual market needs, and UTMD adjusts its distribution agreements.&#160;&#160;UTMD believes that international sales will continue to lead its growth in 2012.&#160;&#160;Notwithstanding, there are a number of significant risk factors that could negatively impact UTMD&#8217;s international sales, including those listed
above under &#8220;Risk Factors&#8221;.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>With regard to UTMD&#8217;s four product categories, sales in its lowest category in 2010 became its highest category in 2011.&#160;&#160;In 2010, neonatal product, blood pressure monitoring and accessories, labor &amp; delivery devices and gynecology/ urology product sales were 29%, 24%, 24% and 23% of total sales, respectively.&#160;&#160;In 2011, neonatal product, blood pressure monitoring and accessories, labor &amp; delivery devices and gynecology/ urology product sales were 18%, 16%, 15% and 51% of total sales, respectively.&#160;&#160;Simply stated, with the acquisition of Femcare, UTMD is now much more a gynecology medical device company.&#160;&#160;The
Company&#8217;s 2012 new product development activities will reflect that change in emphasis.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Prior to its acquisition by UTMD, except for the assembly and servicing of reusable Filshie Clip applicators and some packaging operations, Femcare subcontracted its manufacturing to third parties.&#160;&#160;Going forward, UTMD expects to realize an important, if subtle, benefit from its own manufacturing quality and cost disciplines for certain Femcare devices.&#160;&#160;In particular, UTMD will be able to employ its Utah molding capabilities and Ireland assembly and packaging operations.&#160;&#160;Despite rapid increases in raw materials costs and steady increases in unit labor costs in 2011, UTMD&#8217;s gross profit margin (GPM), gross profits divided by sales,
was 6.6 percentage points higher in 2011 than in 2010.&#160;&#160;The improvement was due to the combination of 1) the cost savings from consolidating UTMD&#8217;s Oregon molding operations into Utah, 2) improved manufacturing overhead and direct labor efficiencies, 3) a different product mix, and 4) direct sales in the UK and Australia for Femcare devices at end user prices instead of distributor (wholesale) prices.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Despite the higher GPM, Operating Income Margins (OIM) were about four percentage points lower than in 2010 due to 1) the amortization of intangible assets that resulted from the Femcare acquisition, 2) acquisition expenses, and 3) higher Femcare operating expenses as a percentage of sales.&#160;&#160;Despite a lower OIM, operating profits increased $2,920 in 2011. The Femcare acquisition transaction costs of $341 were included in 2011 G&amp;A expenses, $266 of which were not tax-deductible.&#160;&#160;UTMD expects that it will be able to improve its OIM in 2012 as a result of reducing redundant G&amp;A expenses after the acquisition.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;Income before Taxes (EBT) increased $2,039 in 2011. EBT was diminished by much higher interest expense from borrowing to help finance the Femcare acquisition: $859 interest in 2011 compared to $25 in 2010.&#160;&#160;UTMD expects that its non-operating expense will be substantially less in 2012 than in 2011 due to reducing debt rapidly as a result of its positive cash flow.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 13.3pt"></font>Net Income (income after provision for income taxes) was $1,400 higher in 2011, a 23% increase. UTMD&#8217;s Net Income Margin (NIM), net income as percent of sales, was down about four percentage points due to the lower OIM and interest expense related to the Femcare acquisition.&#160;&#160;The effective consolidated income tax provision rate for 2011 was 33.1% compared to 33.5% in 2010.&#160;&#160;The lower rate in 2011 was primarily a result of the lower income tax rate in the UK and Australia compared to the U.S. for the portion of consolidated income generated in the UK and Australia, respectively.&#160;&#160;With a full year of Femcare EBT in the UK and Australia, combined with another lowering of the UK tax rate to 25% as of April 1,
2012, and the lack of recurrence of non-deductible acquisition expenses, UTMD expects its consolidated income tax provision rate will again be lower in 2012.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 24.3pt"></font>2011 earnings per share (EPS) of $2.03 were $.383 higher, or 23% higher, than in 2010. Net income and earnings per share in 2012 will be further leveraged due to lower interest expense and a lower average income tax provision rate.&#160;&#160;Management is currently projecting EPS for calendar year 2012 in the range of $2.35 to $2.40, an increase in the range of 15 - 18%.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 24.3pt"></font>In summary, management is currently targeting 9% growth in revenues and gross profits in 2012, and 14 &#8211; 18% growth in operating income, EBT, net income and eps.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 24.3pt"></font>The Company&#8217;s December 31, 2011 balance sheet changed substantially from December 31, 2010 due to the March 2011 Femcare acquisition.&#160;&#160;Key December 31, 2011 balance sheet changes compared to December 31, 2010 and post-acquisition March 31, 2011 follow:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2011 balance sheet change from:</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12-31-10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3-31-11</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash &amp; investments</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(11,938</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(496</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Receivables &amp; inventory</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,479</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">66</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment &#8211; net</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">55</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(678</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Goodwill</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,928</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,093</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other intangible assets &#8211; net</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,294</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,136</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total assets</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,151</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(5,515</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current portion of notes payable</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,215</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(154</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Notes payable</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,334</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6,084</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred tax liability - intangibles</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,549</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(446</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total liabilities</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">32,186</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(7,878</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="TEXT-INDENT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shareholders&#8217; Equity</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,964</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,363</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Measures of the Company&#8217;s liquidity and overall financial condition in 2011 also changed significantly as a result of the Femcare acquisition and the loans UTMD obtained to partially finance the transaction. For example, UTMD&#8217;s current ratio (current assets to current liabilities) decreased to 1.8 at the end of 2011 from 13.2 a year earlier, and the total debt ratio (total liabilities to total assets) increased to 47% from 8% at the end of 2010.&#160;&#160;However, the additional debt allowed significant improvements in sales and income. Cash generation remained strong enough to increase quarterly cash dividend payout rate to shareholders while at the same
time rapidly paying down the loan principal balances.&#160;&#160;Ending days in accounts receivable improved to 41 from 42.&#160;&#160;Average inventory balances increased less than sales, yielding higher inventory turns.&#160;&#160;The return on average shareholders&#8217; equity (prior to the payment of dividends) increased to 19% in 2011 compared to 16% for 2010.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Productivity of Assets and Working Capital.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>a)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Assets</font>.&#160;&#160;Year-end 2011 total assets were $76,389 compared to $41,238 at the end of 2010. The increase was primarily due to the addition of about $43 million in Femcare net intangible assets, offset by a decrease in cash and investments of about $12 million. The two components of Femcare intangibles at year-end 2011 were identifiable intangibles of $35,312, reduced from $37,285 by amortization of $1,973, and goodwill of $7,928.&#160;&#160;The productivity of total assets (average total asset turns = total sales divided by average total assets for the year) in 2011 was 64% compared to
61% in 2010.&#160;&#160;Year-end 2011 and 2010 cash and investment balances were $6,599 and $18,536, representing 9% and 45% of total assets, respectively.&#160;&#160;The reduction in cash was due to UTMD&#8217;s investment in Femcare.&#160;&#160;Although management expects sales to increase by about 9%, average total asset turns in 2012 will decline because the average of total assets will be substantially higher with a full year of the intangible assets acquired during 2011 on UTMD&#8217;s balance sheet during 2012.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Property, plant and equipment (PP&amp;E) assets are comprised of Utah, Ireland and England manufacturing molds, production tooling and equipment, test equipment, computer/communications equipment and software, and facilities.&#160;&#160;Ending 2011 net consolidated PP&amp;E (depreciated book value of all fixed assets) increased $55 as a result of $707 in depreciation, the addition of &#163;375 in Femcare PP&amp;E in March, capital expenditures of $247 and the year-end effect of USD currency exchange rates on the value of PP&amp;E in England and Ireland.&#160;&#160;The net book value of PP&amp;E in the U.S. decreased $230 during 2011, and in Ireland decreased
$215.&#160;&#160;Femcare&#8217;s 2011-ending net book value of PP&amp;E was $500 after depreciation of $101 and $18 in capital expenditures. Average PP&amp;E turns (Sales divided by Net PP&amp;E) increased about 50% because, with the acquisition of Femcare, sales increased 51% and year-end Net PP&amp;E increased only 1%.&#160;&#160;In contrast to UTMD, Femcare leases its facilities and subcontracts most of its manufacturing. The year-end 2011 net book value (after accumulated depreciation) of consolidated PP&amp;E was 33% of actual acquisition cost.&#160;&#160;Since UTMD&#8217;s PP&amp;E is in good working order and capable of supporting increased sales activity, the continued productivity of fixed assets will remain a source of future profitability.&#160;&#160;In 2010, the Utah facility was expanded to house the transfer of equipment from consolidation of Oregon
operations.&#160;&#160;In 2012, new PP&amp;E purchases are not expected to exceed depreciation of fixed assets.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Year-end 2011 inventories increased 62% from the beginning of the year, prior to the addition of Femcare. Average 2011 inventory turns were 3.8 compared to 3.7 in 2010 primarily because of the averaging anomaly of lower inventories prior to the Femcare acquisition relative to cost of goods sold after the acquisition. Net (after allowance for doubtful accounts) year-end trade accounts receivable (A/R) balances increased $1,540 due to the Femcare acquisition.&#160;&#160;Average days in A/R on December 31, 2011 of 41 days, based on 4Q 2011 shipments, was down from 42 days at the end of 2010. This performance remained well within management&#8217;s continuing trade A/R
objective of 55 days.&#160;&#160;The Company believes any older A/R will be collected or are within its reserve balances for uncollectible accounts.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Working capital at year-end 2011 was $7,385 compared to $23,239 at year-end 2010.&#160;&#160;Compared to the end of 2010, 2011 year-end current assets declined $8,127 and year-end current liabilities increased $7,727.&#160;&#160;This had a double-whammy effect on the current ratio, which declined to 1.8 from 13.2 at the end of 2010.&#160;&#160;The decline in current assets resulted from a $11,938 decrease in cash and investments used in the purchase of Femcare, and a </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$5,259 increase in current liabilities from the current portion of notes payable and interest payable resulting from the
financing of the purchase of Femcare. Nevertheless, the end of 2011 working capital amount exceeds UTMD&#8217;s needs for managing normal operations, meeting interest and debt repayment obligations, paying shareholder dividends and internally financing growth. UTMD paid a net $41,084 for Femcare.&#160;&#160;For the 2011 year, UTMD paid $3,433 in shareholder cash dividends compared to $6,030 during 2010 (which included a year-end special dividend). Because the current portion of notes payable represents one-year&#8217;s loan principal repayment obligation and the current loan balance is about 78% of a five-year term loan, current liabilities at the end of 2012 will remain about the same.&#160;&#160;Similarly, because UTMD expects to use cash generated from operations to pay down loan balances and continue shareholder dividends, current assets at the end of 2012 will remain about the
same, yielding a current ratio at the end of 2012 about the same as at end of 2011.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Net intangible assets were $50,569 at the end of 2011 compared to $7,346 at the end of 2010. Net intangible assets (after accumulated amortization) are comprised of the capitalized costs of obtaining patents and other intellectual property including technology rights, and identifiable intangibles and goodwill resulting from acquisitions. The Femcare intangible assets purchased by UTMD in 2011 are described in Note 6.&#160;&#160;UTMD&#8217;s goodwill balance was $15,120 at the end of 2011. Under current U.S. GAAP, goodwill is not expensed unless and until the market value of the acquired entity becomes impaired. The three prior acquisitions of 1997, 1998 and 2004
continue to be viable parts of UTMD&#8217;s overall business, representing 26% of total sales in 2011 including derivative devices that ensued the acquisitions. UTMD does not expect the current goodwill value associated with the four acquisitions (including Femcare) to become impaired in 2012. Purchases of intangibles of $10 in 2011 excluding Femcare were offset by $27 in amortization expense. The 2011 non-cash amortization expense of Femcare identifiable intangible assets was $2,039.&#160;&#160;The non-cash 2012 amortization expense of Femcare identifiable intangible assets will be &#163;1,615, or $2,536 at an average exchange rate of 1.57 USD/GBP.&#160;&#160;Net intangible assets at the end of 2011 represented 66% of total assets, compared to 18% at the end of 2010.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font><font style="DISPLAY: inline; TEXT-DECORATION: underline">b) Liabilities</font>. At the end of 2011, UTMD&#8217;s total liabilities had increased $32,186 from the end of 2010.&#160;&#160;The resulting 2011 year-end total debt ratio was 47%, compared to 8% at the end of 2010.&#160;&#160;Total liabilities increased in large part because of the term loans (which had a year-end balance of $21,673) that UTMD obtained to help finance the Femcare stock purchase, and because of the deferred tax liability created as a result of the fifteen year tax consequence of the amortization of the intangible assets obtained in the acquisition (which had a year-end balance of $8,549). The
Ireland subsidiary debt balance at the end of 2011 declined by $517 from the end of 2010.&#160;&#160;Actual principal payments were $532.&#160;&#160;In Euro terms, the note payable balance declined 45% from &#8364;849 at the end of 2010 to &#8364;468 at the end of 2011. The Femcare UK loan declined $2,278 in book value, compared to principal payments of $1,912.&#160;&#160;In Great Britain Pound (GBP) terms, the note declined 15% from &#163;8,000 when issued in March 2011 to &#163;6,800 at the end of 2011. The differences between the decline in the period end balances and the principal payments during the year resulted from timing of currency exchange rates applied to balance sheet balances.&#160;&#160;Principal payments on the Femcare US loan were $3,500, as the note declined from $14,000 at inception in March 2011 to $10,500 at the end of 2011.&#160;&#160;UTMD estimates that it will
repay the Femcare notes in about 3 more years, and the Ireland note over the next two years out of cash flow generated by its operations. Year-end 2011 consolidated current liabilities were about 5 times higher than at year-end 2010 as a result of the addition of Femcare liabilities including the associated current liability portions of the acquisition loans and income taxes due on 2011 earnings.&#160;&#160;In addition to liabilities stated on the balance sheet, UTMD has operating lease and purchase obligations described in Note 8.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Results of Operations.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a)&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Revenues</font>.&#160;&#160;Global consolidated sales in 2011 were $37,860, compared to $25,121 in 2010 and $25,916 in 2009.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The Company believes that revenue should be recognized at the time of shipment as title generally passes to the customer at the time of shipment.&#160;&#160;Revenue recognized by UTMD is based upon documented arrangements and fixed contracts in which the selling price is fixed prior to acceptance and completion of an order.&#160;&#160;Revenue from product or service sales is generally recognized at the time the product is shipped or service completed and invoiced, and collectibility is reasonably assured.&#160;&#160;<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">There are no post-shipment obligations which have been or are expected to be material to
financial results.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 10.8pt"></font>There are circumstances under which revenue may be recognized when product is not shipped, which meet the criteria of SAB 104:&#160;&#160;the Company provides engineering services, for example, design and production of manufacturing tooling that may be used in subsequent UTMD manufacturing of custom components for other companies.&#160;&#160;This revenue is recognized when UTMD&#8217;s service has been completed according to a fixed contractual agreement.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Terms of sale are established in advance of UTMD&#8217;s acceptance of customer orders.&#160;&#160;In the U.S., UK and Australia, UTMD generally accepts orders directly from and ships directly to end user clinical facilities, as well as third party med/surg distributors, under UTMD&#8217;s Standard Terms and Conditions (T&amp;C) of Sale. About 10% of UTMD&#8217;s domestic direct sales go through third party med/surg distributors which contract separately with clinical facilities to provide purchasing, storage and scheduled delivery functions for the applicable facility.&#160;&#160;UTMD&#8217;s T&amp;C of Sale are substantially the same in the U.S., UK and
Australia.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD may have separate discounted pricing agreements with a clinical facility or group of affiliated facilities based on volume of purchases.&#160;&#160;Pricing agreements with clinical facilities, or groups of affiliated facilities, if applicable, are established in advance of orders accepted or shipments made.&#160;&#160;For existing customers, past actual shipment volumes determine the fixed price by part number for the next agreement period of one, two or three years.&#160;&#160;For new customers, the customer&#8217;s best estimate of volume is accepted by UTMD for determining the ensuing fixed prices for the agreement period.&#160;&#160;New customers typically have
one-year agreements. Prices are not adjusted after an order is accepted. For the sake of clarity, the separate pricing agreements with clinical facilities based on volume of purchases disclosure is not inconsistent with UTMD&#8217;s disclosure above that the selling price is fixed prior to the acceptance of a specific customer order.&#160;&#160;UTMD may from time to time establish a similar fixed price agreement with a Group Purchasing Organization (GPO) in the U.S.&#160;&#160;GPOs are bargaining agents for member hospitals, not customers of UTMD. Except for an administrative fee, generally 3% of UTMD&#8217;s sales to a GPO&#8217;s members, the T&amp;C of GPO agreements are not materially different from UTMD&#8217;s Standard T&amp;C of Sale.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.1pt"></font>Consolidated total sales in 2011 were up $12,739, or 51% from 2010. Domestic U.S. sales were $18,853 in 2011, compared to $17,431 in 2010 and $18,625 in 2009. UTMD divides its domestic sales into two distribution categories: &#8220;direct sales&#8221; which are sales to end user customers by UTMD&#8217;s direct sales force, independent commissioned sales reps, specialty distributors and national hospital distribution companies, and &#8220;OEM sales&#8221; which are component or finished device sales to other companies where products are resold as part of another company&#8217;s finished product offerings.&#160;&#160;Domestic direct sales represented 40% of global
consolidated sales in 2011, compared to 64% in 2010 and 66% in 2009.&#160;&#160;As a percentage of total domestic sales, direct domestic sales were 81% in 2011, compared to 92% in both 2010 and 2009.&#160;&#160;Therefore, domestic OEM sales were 19% of total domestic sales in 2011, and 8% in 2010 and 2009.&#160;&#160;The primary change in 2011 was the addition of Cooper Surgical Inc. as a domestic OEM customer for the Filshie Clip System.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>International (foreign) sales in 2011 were $19,007 compared to $7,690 in 2010 and $7,291 in 2009. International sales were 50% of global consolidated sales in 2011, 31% in 2010 and 28% in 2009.&#160;&#160;Of the 2011 international sales, 41%&#160;were to customers in Europe compared to 44% in 2010 and 42% in 2009.&#160;&#160;Femcare shipped 58% of UTMD&#8217;s total international sales in 2011.&#160;&#160;UTMD&#8217;s Ireland subsidiary (UTMD Ltd.) shipped 14% of total international sales (in USD terms) in 2011, compared to 40% in 2010 and 43% in 2009.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD groups its sales into four general product categories:&#160;&#160;1) obstetrics, comprised of labor and delivery management tools for monitoring fetal and maternal well-being, for reducing risk in performing difficult delivery procedures and for improving clinician and patient safety;&#160;&#160;2) gynecology/ electrosurgery/ urology, comprised of tools for gynecological procedures associated primarily with cervical/ uterine disease including LETZ, endometrial tissue sampling, transvaginal uterine sonography, diagnostic laparoscopy, surgical contraception and other MIS procedures; specialty excision and incision tools; conservative urinary incontinence therapy
devices; and urology tools;&#160;&#160;3) neonatal critical care, comprised of devices that provide developmentally-friendly care to the most critically ill babies, including providing vascular access, enteral feeding, administering vital fluids, maintaining a neutral thermal environment, providing protection and assisting in specialized applications; and 4) blood pressure monitoring/ accessories/ other, comprised of specialized components as well as molded parts sold on an OEM basis to other companies.&#160;&#160;In these four categories, UTMD&#8217;s primary revenue contributors enjoy a significant market share and may have differentiated product features protected by patents.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Global revenues by product category:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="28%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="4%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="4%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Obstetrics</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,742</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,940</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,543</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gynecology/ Electrosurgery/ Urology</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19,196</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">51</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,888</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Neonatal</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,951</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,295</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,252</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="28%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Blood Pressure Monitoring and Accessories*</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">5,971</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">16</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">5,998</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">24</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">5,902</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">23</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total:</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,860</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,121</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,916</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" colspan="24" nowrap valign="bottom" width="79%">

<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">*includes molded components sold to OEM customers.</font></font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">International revenues by product category:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="82%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="28%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="4%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="4%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="3%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Obstetrics</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">809</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">708</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">614</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gynecology/ Electrosurgery/ Urology</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12,856</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">68</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,935</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,088</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Neonatal</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,346</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,193</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">912</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="28%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Blood Pressure Monitoring and Accessories*</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">3,996</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">21</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">3,854</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">50</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="6%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">3,677</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">50</font></font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="28%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total:</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19,007</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,690</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="6%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,291</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" colspan="24" nowrap valign="bottom" width="79%">

<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">*includes molded components sold to OEM customers.</font></font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As a summary description of revenues in the above tables:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>1.&#160;&#160;Obstetrics. The decline in total obstetrics (L&amp;D) device sales in 2011 was the result of a difficult U.S. market: lower utilization of specialty devices in U.S. hospitals together with restrictive U.S. GPO administrative agreements.&#160;&#160;U.S. domestic obstetric product sales declined 6%, while international obstetric device sales increased 14%.&#160;&#160;Intran IUPC sales outside the U.S. were up 26%.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>2.&#160;&#160;The gynecology/ electrosurgery/ urology (ES/gyn) product category encompasses all of Femcare&#8217;s products.&#160;&#160;ES/Gyn sales in 2011 excluding Femcare increased 1%.&#160;&#160;With Femcare, ES/ Gyn sales increased 226%.&#160;&#160;U.S. domestic sales increased 60%, while International ES/gyn sales increased 564%.&#160;&#160;The domestic sales increase was primarily due to sales to Cooper Surgical Inc., which has an agreement with Femcare for distribution of the Filshie Clip System in the U.S.&#160;&#160;Cooper Surgical is now UTMD&#8217;s largest customer, with 2011 sales of $2.2 million, about 6% of total UTMD sales. The ES/gyn international
sales increase included Femcare direct sales in the UK and Australia at end-user prices.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>3.&#160;&#160;Neonatal intensive care unit (NICU) device sales decreased 8% in the U.S. and increased 13% internationally. The changes were consistent with UTMD&#8217;s experience described for the obstetrics product category.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>4.&#160;&#160;Blood pressure monitoring and accessories (BPM).&#160;&#160;U.S. domestic BPM sales decreased 8%, while international BPM sales increased 4%.&#160;&#160;This category includes molded components (some of which are not related to medical devices) sold to other companies for use in their products.&#160;&#160;The 2011 weakness experienced in U.S. domestic medical device end-user sales also extended to sales of components to other U.S. companies. UTMD&#8217;s second largest customer in 2011, Beijing SAK, purchased $1.7 million of Deltran blood pressure monitoring kits from UTMD Ltd (Ireland) for use in China.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Looking forward to 2012, UTMD expects to begin obtaining benefits from its joint distribution rationalization program initiated after the acquisition of Femcare in March 2011. For example, after providing reasonable notice to UTMD&#8217;s third party distributors in the UK and training its own sales and marketing employees at Femcare, UTMD anticipates selling its non-Femcare ES/ Gyn devices directly to end-users in the UK.&#160;&#160;In addition, because of the close proximity and availability of Femcare management resources, UTMD will begin selling its non-Femcare ES/ Gyn devices directly to end-users in Ireland. Continuing a deliberate conversion process, a few of
UTMD&#8217;s more successful international distributors will have adopted the marketing of Femcare&#8217;s devices, and a few of Femcare&#8217;s more successful distributors will have adopted the marketing of UTMD&#8217;s non-Femcare devices.&#160;&#160;Based on having the benefit of a full year of Femcare product sales and the advantages of combining international distribution capabilities, offset by anticipated continued weak demand for specialized medical devices in Europe and the U.S.,&#160;&#160;UTMD projects 2012 sales will increase by about 9%.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>b)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Gross Profit</font>.&#160;&#160;UTMD&#8217;s 2011 gross profit, the surplus after subtracting costs of manufacture, including forming components, assembling, inspecting, packaging, sterilizing and shipping products, from net revenues, was $22,400 compared to $13,209 in 2010 and $13,789 in 2009.&#160;&#160;Gross profit margins (GPMs), gross profits expressed as a percentage of net sales, were 59.2% in 2011 compared to 52.6% in 2010 and 53.2% in 2009. Despite rapid increases in raw materials costs and steady increases in unit labor costs in 2011, UTMD&#8217;s gross profit margin (GPM), gross profits
divided by sales, was 6.6 percentage points higher in 2011 than in 2010.&#160;&#160;The improvement was due to the combination of 1) the cost savings from consolidating UTMD&#8217;s Oregon molding operations into Utah, 2) improved manufacturing overhead and direct labor efficiencies, 3) a different product mix, and 4) direct sales in the UK and Australia for Femcare devices at end user prices instead of distributor (wholesale) prices.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Ireland subsidiary gross profits are disproportionately lower than total UTMD gross profits because all of the finished&#160;&#160;devices sold by UTMD Ltd were to third party international distributors at discounted wholesale prices, The BPM devices themselves are generally commodities now, and the costs of manufacturing in Ireland, in particular labor-related costs, are higher than in Utah. Ireland subsidiary gross profits in Euros were &#8364;289 in 2011 compared to &#8364;448 in 2010 and &#8364;436 in 2009.&#160;&#160;The associated GPMs were 14.9% in 2011, 19.0% in 2010 and 19.5% in 2009.&#160;&#160;The lower GPM in 2011 was due to a higher proportion of sales to UTMD&#8217;s lowest price BPM kit customer in
China, and lower total sales which reduced absorption of fixed manufacturing overheads costs.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The 2011 Femcare Group subsidiary gross profits in GBP were &#163;5,790.&#160;&#160;The associated GPM was 70.0%.&#160;&#160;Prior to its acquisition by UTMD, except for the assembly and servicing of reusable Filshie Clip applicators and some packaging operations, Femcare subcontracted its manufacturing to third parties.&#160;&#160;Going forward, UTMD expects to realize an important, if subtle, benefit from its own manufacturing quality and cost disciplines for certain Femcare devices.&#160;&#160;In particular, UTMD will be able to employ its Utah molding capabilities and Ireland assembly and packaging operations.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In the U.S., gross profits were $12, 697 in 2011 compared to $12,611 in 2010 and $13,176 in 2009. The associated GPMs were 56.6% in 2011, 56.4% in 2010 and 55.6% in 2009.&#160;&#160;In the second-half of 2010, after review of accounting principles, UTMD reallocated its U.S. expenses of shipping products to customers which were previously included in cost of goods sold (manufacturing expense) to sales and marketing (operating expense).&#160;&#160;This reallocation of expenses did not impact operating profits, EBT or net income.&#160;&#160;The following table illustrates the change:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">U.S. cost of goods sold (prior to reallocation)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,874</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,887</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,528</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Percent of sales</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Reallocated shipping costs</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(123</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(141</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">U.S. Cost of goods sold (as reported)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,751</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,746</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,528</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Percent of sales</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">43.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">43.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD expects that its consolidated GPM in 2012 will remain about the same as in 2011 because the benefits of bringing the manufacture of some Femcare products in-house and the higher GPM for converting some sales to end-users rather than to distributors are expected to be offset by continued pricing pressure from U.S. hospitals, higher costs of employee benefits including medical plan costs and unemployment taxes, and inflation in the cost of raw materials.&#160;&#160;Therefore, since 2012 sales are targeted to increase by about 9%, gross profits are expected to increase by 9% as well.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>OEM sales are sales of UTMD components and subassemblies that are marketed by other companies as part of their product offerings.&#160;&#160;UTMD utilizes OEM sales as a means to help optimize utilization of its capabilities established to satisfy its direct sales business.&#160;&#160;Looking forward, Femcare will become an OEM customer for Utah and Ireland operations.&#160;&#160;As a general rule, prices for OEM sales expressed as a multiple of direct variable manufacturing expenses are lower than for direct sales because UTMD&#8217;s OEM business partners incur significant expenses of sales and marketing.&#160;&#160;Because of UTMD&#8217;s small size and
period-to-period fluctuations in OEM business, fixed manufacturing overhead expenses cannot be meaningfully allocated between direct and OEM sales. Therefore, UTMD does not report GPM by sales channels.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">25</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Operating Income</font>.&#160;&#160;Operating income is the surplus after operating expenses are subtracted from gross profits.&#160;&#160;Operating expenses include sales and marketing (S&amp;M) expenses, product development (R&amp;D) expenses and general and administrative (G&amp;A) expenses.&#160;&#160;Consolidated operating expenses were $10,558 in 2011, compared to $4,288 in 2010 and $4,357 in 2009.&#160;&#160;The following table provides a comparison of operating expense categories for the last three years.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">S&amp;M expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,815</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,537</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,584</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">R&amp;D expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">518</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">397</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">361</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; a) litigation expense provision</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">186</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">50</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">60</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; b) corporate legal expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">65</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; c) stock option compensation expense</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">95</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; d) management bonus accrual</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">840</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">335</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">299</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; e) outside accounting audit/tax expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">117</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">123</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; f) intangible asset amortization</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,067</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; g) acquisition expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">341</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A &#8211; h) all other G&amp;A expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,411</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,706</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,786</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">G&amp;A expenses &#8211; total</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,225</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,354</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,412</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total operating expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,558$</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,288</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,357</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-LEFT: 9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating Expenses % of Sales:</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27.9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Consolidated operating income in 2011 was $11,842 compared to $8,922 in 2010 and $9,432 in 2009.&#160;&#160;UTMD&#8217;s operating income margin (OIM), operating income divided by total sales, was 31.3% in 2011, compared to 35.5% in 2010 and 36.4% in 2009.&#160;&#160;The UTMD Ltd (Ireland subsidiary) OIM in 2011 was 3.7% compared to 12.1% in 2010 and 12.7% in 2009.&#160;&#160;Femcare&#8217;s 2011 OIM was 26.8%.&#160;&#160;UTMD U.S. OIM in 2011 was 36.4% compared to 38.2% in 2010 and 38.1% in 2009.</font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Looking forward to 2012, UTMD projects its consolidated operating income margin will improve by about one percentage point compared to 2011 as a result of consolidating G&amp;A expenses.</font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 31.5pt"></font>i)&#160;&#160;S&amp;M expenses:&#160;&#160;S&amp;M expenses are the costs of communicating UTMD&#8217;s differences and product advantages, providing training and other customer service in support of the use of UTMD&#8217;s solutions, attending clinical meetings and medical trade shows, administering customer agreements, advertising, processing orders, shipping, paying commissions to outside representatives and funding GPO fees. In markets where UTMD sells directly to end-users, which in 2011 was the U.S., UK and Australia (for a portion of the year for a portion of UTMD&#8217;s products), the largest component of S&amp;M expenses is the cost of employing direct
sales representatives, including associated costs of travel, subsistence and communications.&#160;&#160;The trade-off between higher gross profit margins for selling directly at end-user prices is higher S&amp;M expenses as a percent of sales. This is reflected in the increase in S&amp;M expenses in 2011 after the acquisition of Femcare. As a percent of total sales, S&amp;M operating expenses were 7.4% in 2011 compared to 6.1% in both 2010 and 2009.&#160;&#160;S&amp;M expenses are expected to increase as a percentage of total sales to around 8% in 2012 because UTMD 1) expects to convert its Utah product sales from distributors in the UK to direct Femcare sales, 2) expects to convert its Utah product sales in Ireland to direct sales, and 3) will have Femcare&#8217;s higher relative direct sales expenses for a full year.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">S&amp;M expenses include all customer support costs including training. </font>In general, training is not required for UTMD&#8217;s products since they are well-established and have been clinically widely used. Written &#8220;Instructions For Use&#8221; are packaged with all finished devices. Although UTMD does not have any explicit contracts with customers to provide training, it does have third party group purchasing organization agreements in the U.S. and UK under which it agrees to provide hospital members in-service and clinical training as required and reasonably requested.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD promises prospective customers that it will provide, at no charge in reasonable quantities, copies of videotapes and other instruction materials developed for the use of its products. UTMD provides customer support from offices in the U.S., UK and Australia by telephone, and employed representatives on a geographically dispersed basis, to answer user questions and help troubleshoot any user issues. Occasionally, on a case-by-case basis, UTMD may utilize the services of an independent practitioner to provide educational assistance to clinicians. All in-service and training expenses are routinely expensed as they occur.&#160;&#160;Except for the consulting services
of independent </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">practitioners, all of these services are allocated from fixed S&amp;M overhead costs included in Operating Expenses.&#160;&#160;Historically, marginal consulting costs have been immaterial to financial results, which is also UTMD&#8217;s expectation for the future.</font></div>

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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>ii)&#160;&#160;R&amp;D expenses:&#160;&#160;R&amp;D expenses include the costs of investigating clinical needs, developing innovative concepts, testing concepts for viability, validating methods of manufacture, completing any necessary premarketing clinical trials, regulatory documentation and other activities required for design control, responding to customer requests for product enhancements, and assisting manufacturing engineering on an ongoing basis in developing new processes or improving existing processes.&#160;&#160;As a percent of sales, R&amp;D expenses were 1.4% in 2011 compared to 1.6% in 2010 and 1.4% in 2007.&#160;&#160;UTMD will continue to
opportunistically invest in R&amp;D.&#160;&#160;In 2012, R&amp;D expenses as a percentage of sales are expected to be higher than in recent years as a result of the new projects identified as part of the Femcare acquisition.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 35.45pt"></font>iii)&#160;&#160;G&amp;A expenses:&#160;&#160;G&amp;A expenses include the &#8220;front office&#8221; functional costs of executive management, finance and accounting, corporate information systems, human resources, shareholder relations, corporate risk management, corporate governance, protection of intellectual property, amortization of identifiable intangibles and legal costs.&#160;&#160;In most of these functional areas, there was a lot of redundancy immediately following the Femcare acquisition, in addition to one-time costs associated with the acquisition. Except for the noncash amortization expense of identifiable intangible assets resulting from the value of
the Femcare acquisition, UTMD expects G&amp;A expenses to substantially decline in 2012. The following lettered items refer to the same G&amp;A subcategories in the table above:</font></div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">a)</font></div>
</td>
<td align="left" valign="top" width="62%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The higher litigation provision in 2011 was due primarily to changes related to the acquisition of Femcare.&#160;&#160;Absent unforeseen litigation, UTMD expects its litigation expense provision in 2012 should be about half that of 2011.</font></div>
</td>
</tr><tr>
<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">b)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">UTMD expects routine expenses consistent with those in 2011.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">c)</font></div>
</td>
<td align="left" valign="top" width="62%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock option expense in 2011 was calculated using a Black-Scholes pricing model for unvested options.&#160;&#160;Please see note 10 for further explanation. In 2012, UTMD expects option expense consistent with that of 2011.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">d)</font></div>
</td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued bonuses in 2012 will continue to depend both on UTMD&#8217;s overall profit performance and each individual employee&#8217;s contribution to the financial and non-financial success of the Company.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">e)</font></div>
</td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">UTMD now has operations in the U.S., UK, Ireland and Australia which require financial and internal controls audit and tax consulting.&#160;&#160;Therefore, 2012 costs are expected to remain about the same as 2011 costs.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">f)</font></div>
</td>
<td align="left" valign="top" width="62%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amortization of identifiable intangibles associated with the Femcare purchases will be about $2.6 million per year for fifteen years from the March 2011 acquisition date.&#160;&#160;In the short year after the 2011 acquisition, this noncash amortization expense represented 5.4% of total 2011 sales.&#160;&#160;If sales increase 9% for the year of 2012, the full year&#8217;s amortization expense will be about 6.2% of sales, diluting the OIM by almost one percentage point.</font></div>
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">g)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">UTMD does not expect any acquisition expenses in 2012.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">h)</font></div>
</td>
<td align="left" valign="top" width="62%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The last &#8220;other G&amp;A&#8221; expense category includes predominantly salaries, medical benefits, payroll taxes and other employee-related expenses of G&amp;A employees, as well as corporate P&amp;L insurance, outside director fees, public shareholder relations expenses, property taxes, depreciation expense of G&amp;A PP&amp;E, among other more minor items.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>In summary, in 2012 UTMD expects the following operating expense categories to increase as a percentage of sales:&#160;&#160;R&amp;D, S&amp;M and the amortization expense of intangible assets included as part of G&amp;A.&#160;&#160;The combined increase of those categories is expected to be about two percentage points.&#160;&#160;On the other hand, UTMD expects to reduce G&amp;A expenses (excluding the amortization of intangibles) by about three percentage points, so that UTMD&#8217;s consolidated OPM will overall increase by about one percentage point for the year.&#160;&#160;If successful in achieving its sales and gross profit targets stated above, the resulting OPM
would yield operating profits in the range of $13.4 to $13.6 million, an increase of 13 to 15% compared to 2011.</font></div>

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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>d)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Non-operating Income, Non-operating Expense and EBT</font>.&#160;&#160;Non-operating income (NOI) includes royalties from licensing UTMD&#8217;s technology, rent from leasing underutilized property to others, income earned from investing the Company&#8217;s excess cash and gains or losses from the sale of assets, offset by non-operating expenses (NOE) which include interest on the Femcare and Ireland bank loans, bank service fees and excise taxes.&#160;&#160;Net NOE was $762 in 2011 compared to NOI of $119 in 2010 and $147 in 2009.&#160;&#160;The largest portion of 2011 NOE was $859 interest expense
on the bank loans.&#160;&#160;All the other items listed above summed to $97 in NOI.&#160;&#160;&#160;UTMD expects net NOE in 2012 of about $630:</font></div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
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<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Interest Expense.&#160;&#160;In 2011, UTMD paid $859 in interest expense on the Femcare and Ireland loans, compared to $25 in 2010 and $51 in 2009 on just the Ireland loan.&#160;&#160;The interest expense results from borrowing &#163;8,000 ($12,934) and $14,000 in March 2011 for the purchase of Femcare, and &#8364;4,500 ($5,336) in December 2005 to allow the repatriation of profits generated by UTMD&#8217;s Ireland subsidiary since inception in 1996 through 2005.&#160;&#160;Please see note 7, below. Due to decreasing loan balances, UTMD estimates that its interest expense should be about $690 in 2012.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="69%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2)</font></div>
</td>
<td align="left" valign="top" width="69%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Investment of excess cash.&#160;&#160;Investment income (including gains and losses on sales) in 2011 was $17, compared to $39 in 2010 and $212 in 2009.&#160;&#160;Average lower interest rates and the use of over $14.1 million cash in the 2011 Femcare acquisition caused the reductions from 2009.&#160;&#160;Cash in the U.S. is generally currently held in non-interest bearing bank accounts because avoiding the bank operating fees which would result from lower balances more than offsets the interest that can be earned at current rates.&#160;&#160;&#160;Interest from cash balances in Australia is expected to be about $9 in 2012.</font></div>
</td>
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<td valign="top" width="3%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="69%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3)</font></div>
</td>
<td align="left" valign="top" width="69%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Royalties.&#160;&#160;Femcare receives a royalty from licensing the use of the Filshie intangibles to Cooper Surgical, Inc as part of its distribution agreement in the U.S. Royalties in 2011 were $70.&#160;&#160;UTMD expects to receive $88 in Filshie royalties in 2012.&#160;&#160;Presently, there are no arrangements under which UTMD is receiving royalties from other parties.</font></div>
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<td valign="top" width="3%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="69%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="top" width="3%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Earnings before income taxes (EBT) result from subtracting UTMD&#8217;s non-operating expense from its operating income. Consolidated EBT was $11,080 in 2011 compared to $9,041 in 2010 and $9,580 in 2009.&#160;&#160;EBT margin is EBT divided by total sales.&#160;&#160;UTMD&#8217;s consolidated EBT margin was 29.3% in 2011, 36.0% in 2010 and 37.0% in 2009.&#160;&#160;The EBT of UTMD Ltd. (Ireland) was &#8364;76 in 2011, &#8364;350 in 2010 and &#8364;269 in 2009.&#160;&#160;The respective EBT margins of UTMD Ltd. (Ireland) were 4.0% in 2011, 14.9% in 2010 and 12.1% in 2009.&#160;&#160;Femcare&#8217;s 2011 EBT was &#163;1,980; EBT margin was 24.0%.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD is targeting consolidated 2012 EBT in the range of $12.6 - $13.0 million, an increase of 14 to 17% over 2011.&#160;&#160;In that range, assuming UTMD&#8217;s projection for sales, EBT margin would be approximately two percentage points higher than in 2011.&#160;&#160;The projected 2012 EBT margin improvement comes from an improved OIM and lower interest expense in 2012 compared to 2011.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>e)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Net Income, EPS and ROE</font>.&#160;&#160;Net income is EBT minus income taxes, often called the &#8220;bottom line&#8221;.&#160;&#160;Net income was $7,414 in 2011, $6,014 in 2010 and $6,258 in 2009.&#160;&#160;The effective consolidated corporate income tax provision rate was 33.1%, 33.5% and 34.7% for the same periods respectively.&#160;&#160;Year to year fluctuations in the tax rate may result from:&#160;&#160;1) variation in EBT contribution from Femcare in the UK which has a current income tax rate of 26%, but which will decline to 25% as of April 1, 2012; 2) variation in profits of the
Ireland subsidiary which is taxed at a 10% rate on exported manufactured products and a 25% rate on rental and other types of income; 3) variation in the EBT contribution of Femcare Australia which is currently taxed at a rate of 30%; 4) variation in the EBT contribution of UTMD U.S. operations which are currently taxed at a 39% combined Federal and State rate prior to special U.S. tax exclusions such as the manufacturing profit deduction, accelerated depreciation of certain assets and R&amp;D tax credit; and 5) higher marginal tax rates for EBT in the U.S. above $10 million.&#160;&#160;The possibility of lower corporate income tax rates in the U.S. is not included in this projection. Management expects the 2012 consolidated average income tax provision rate to be at least one percentage point of EBT lower than the 2011 rate due to a greater proportion of consolidated EBT coming from
the non-U.S. areas and a lower tax rate in the UK.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD&#8217;s net income margin (NIM), net income expressed as a percentage of sales, was 19.6% in 2011, 23.9% in 2010 and 24.1% in 2009.&#160;&#160;Because of the expected higher EBT margin and lower income tax provision rate in 2012, management projects UTMD&#8217;s NIM will once again exceed 20% in 2012.&#160;&#160;UTMD&#8217;s profitability has consistently ranked it in the top performance tier of all U.S. publicly-traded companies, and has been the primary driver for UTMD&#8217;s excellent returns on shareholders&#8217; equity (ROE).</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Earnings per share (EPS) is net income divided by the number of shares of stock outstanding (diluted to take into consideration stock option awards which are &#8220;in the money,&#8221; i.e., have exercise prices below the applicable period&#8217;s weighted average market value).&#160;&#160;Diluted EPS were $2.034 in 2011, $1.651 in 2010 and $1.724 in 2009.&#160;&#160;If UTMD achieves the projections above, EPS in 2012 will be in the range of $2.35 - $2.40/ share, a 15 &#8211; 18% increase.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The 2011-ending weighted average number of diluted common shares (the number used to calculate diluted EPS) were 3,645 (in thousands), compared to 3,643 shares in 2010 and 3,630 shares in 2009.&#160;&#160;Dilution for &#8220;in the money&#8221; unexercised options for the year 2011 was 14 shares (in thousands), compared to 22 in both 2010 and 2009.&#160;&#160;Actual outstanding common shares as of December 31, 2011 were 3,640,000.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Return on shareholders&#8217; equity (ROE) is the portion of net income retained by UTMD (after payment of dividends) to internally finance its growth, divided by the average accumulated shareholders&#8217; equity during the applicable time period. ROE includes balance sheet measures as well as income statement measures.&#160;&#160;ROE for 2011 was 10% (19% before payment of dividends). ROE for 2010 was zero because in 2010 UTMD paid out all of its net income to shareholders in the form of cash dividends.&#160;&#160;Prior to the payment of dividends, UTMD&#8217;s 2010 ROE was 16%.&#160;&#160;ROE was 8% (17% before dividends), in 2009. UTMD&#8217;s ROE is primarily
driven by its high net income margin. Although UTMD&#8217;s 2011 NIM was lower due to an OIM diluted by the Femcare acquisition and higher NOE from interest on new debt, overall ROE was higher than in the previous two years because UTMD benefited from a significantly higher debt ratio as a result of the Femcare loans and by higher total asset turns. UTMD&#8217;s ROE (before dividends) has averaged 30% per year over the last 26 years.&#160;&#160;This ratio determines how fast the Company can afford to grow without diluting shareholder interest.&#160;&#160;For example, a 30% ROE will financially support 30% annual growth in revenues without having to issue more stock.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Looking forward, 2012 ROE (before shareholder dividends) is expected to be higher than in 2011 as a result of projected net income growth.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Liquidity and Capital Resources.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font><font style="DISPLAY: inline; TEXT-DECORATION: underline">Cash Flows</font>.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Net cash provided by operating activities, including adjustments for depreciation and other non-cash operating expenses, along with changes in working capital and the tax benefit attributable to exercise of employee incentive stock options, totaled $11,365 in 2011, compared to $7,157 in 2010 and $7,226 in 2009.&#160;&#160;The largest changes in 2011 compared to 2010 were a net income increase of $1,400, and benefits to cash of $2,022 from increased amortization and $2,015 for increased accrued expenses. A $1,265 increase in accounts payable was the largest change that used cash.&#160;&#160;Other changes were generally consistent with effective working capital management
following an acquisition and thus higher sales activity.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The Company&#8217;s payment of $41,084 to acquire Femcare was the most significant use of cash in 2011.&#160;&#160;UTMD liquidated a net of $14,655 of investments to help finance the acquisition.&#160;&#160;Other uses of cash for investing activities in 2011 were $247 for capital expenditures and $10 for intangible assets.&#160;&#160;Cash use for investing activities in 2010 was split quite evenly between capital expenditures of $1,532 for property and equipment and $1,600 as a result of purchases of liquid investments in an effort to maximize returns on excess cash balances while maintaining safety and liquidity.&#160;&#160;UTMD made capital expenditures of $466 in
2009 for property and equipment, and expended $3,800 on investments.&#160;&#160;The large difference in capital expenditures in 2010 compared to the two other years was due to UTMD&#8217;s $1,145 investment in facility expansion in order to consolidate Oregon operations into Utah. In 2010, UTMD received $5,839 from selling investments, compared to $1,116 in 2009.&#160;&#160;The Company borrowed $26,934 in 2011 to help finance the purchase of Femcare.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In 2011, UTMD received $485 and issued 21,220 shares of stock upon the exercise of employee stock options.&#160;&#160;Option exercises in 2011 were at an average price of $22.87 per share.&#160;&#160;The Company received a $34 tax benefit from option exercises in 2011. UTMD did not purchase any of its own shares in the open market during 2011.&#160;&#160;In 2010, UTMD received $425 and issued 24,700 shares of stock upon the exercise of employee stock options.&#160;&#160;Employees exercised a total of 27,230 option shares in 2010, with 2,530 shares immediately being retired as a result of optionees trading the shares in payment of the exercise price of the options.&#160;&#160;UTMD repurchased 17,570 shares of stock in
the open market at a cost of $439 during 2010.&#160;&#160;Option exercises in 2010 were at an average price of $18.25 per share.&#160;&#160;Share repurchases in the open market were at an average cost of $24.98 per share, including commissions and fees.&#160;&#160;In comparison, in 2009 UTMD received $132 from issuing 14,289 shares of stock on the exercise of employee stock options, including 2,145 shares retired upon optionees trading those shares in payment of the stock option exercise price. UTMD received a $38 tax benefit in 2010 from option exercises, and a benefit of $14 in 2009.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>UTMD repaid $5,942 on its notes payable during 2011, compared to $413 during 2010 and $463 in 2009.&#160;&#160;Please see note 7 for a full description of the Femcare loans obtained in 2011. All of UTMD&#8217;s notes payable are scheduled to be repaid by April 2016. Cash dividends paid were $3,433 in 2011, compared to $6,030 in 2010 and $3,337 in 2009.&#160;&#160;A special dividend was paid at the ended on 2010.&#160;&#160;UTMD did not borrow during 2010 or 2009.&#160;&#160;In December 2005, UTMD&#8217;s foreign subsidiary borrowed &#8364;4,500 ($5,336) to allow repatriation (from Ireland to the U.S.) of profits achieved since 1996, per The American Jobs Creation Act of
2004.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Management believes that future income from operations and effective management of working capital will provide the liquidity needed to finance internal growth plans.&#160;&#160;In an uncertain economic environment, UTMD&#8217;s cash balances allow management to operate with the long-term best interest of shareholders in mind.&#160;&#160;Planned 2012 capital expenditures are expected to be less than UTMD&#8217;s depreciation of current PP&amp;E.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Management plans to utilize cash not needed to support normal operations in one or a combination of the following:&#160;&#160;1) as a first priority, to repay the debt incurred to help finance the 2011 Femcare acquisition, 2) in general, to continue to invest at an opportune time in ways that will enhance future profitability; 3) to make additional investments in new technology and/or processes; and/or 4) to acquire a product line or company that will augment revenue and eps growth and better utilize UTMD&#8217;s existing infrastructure.&#160;&#160;If there are no better strategic uses for UTMD&#8217;s cash, the Company will continue to return cash to shareholders in
the form of dividends and share repurchases when the stock appears undervalued.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Management's Outlook.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">In summary, in 2012 UTMD plans to</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;realize distribution and manufacturing synergies by integrating capabilities and resources obtained in its recent acquisition of Femcare;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;begin to sell its devices directly to end-users in Ireland;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;introduce three new gynecology products helpful to clinicians through internal new product development;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;continue achieving excellent overall financial operating performance; and</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;utilize positive cash generation to pay down debt rapidly, continue cash dividends to shareholders and continue open market share repurchases if/when the UTMD share price seems undervalued.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD&#8217;s balance sheet was strong enough in 2011 to be able to finance a substantial acquisition which met UTMD&#8217;s investment criteria without issuing stock, which was immediately accretive to financial performance and shareholder value.&#160;&#160;By effectively integrating the 2011 acquisition of Femcare into UTMD&#8217;s operations, UTMD will become a much stronger player in the gynecology product/market space, while at the same time geographically diversifying.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The safety, reliability and performance of UTMD&#8217;s medical devices are high and represent significant clinical benefits while providing minimum total cost of care.&#160;&#160;UTMD will continue to leverage its reputation as an innovator which will responsively take on challenges to work with clinicians who use its specialty devices.&#160;&#160;In doing so, UTMD will continue to differentiate itself, especially from commodity-oriented competitors.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD is small, but its employees are experienced and remain diligent in their work. UTMD&#8217;s passion is in providing innovative clinical solutions that will help reduce health risks, particularly for women and their babies.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company has a fundamental focus to do an excellent job in meeting customers&#8217; and patients&#8217; needs, while providing shareholders with excellent returns.&#160;&#160;As of the end of 2011 from the end of 1998, the NASDAQ Composite Index was up 19%, the DJIA was up 33% and the S&amp;P 500 Index was up 2%.&#160;&#160;In comparison, UTMD&#8217;s share price increased 311% over that same thirteen year time span (11% compounded per year). Combining share price appreciation as a result of a long term steady and profitable financial performance with growing quarterly cash dividends paid to shareholders since 2004, longer term UTMD shareholders have certainly
experienced excellent returns.&#160;&#160;Management is committed to continue that performance.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Off Balance Sheet Arrangements</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>None</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Contractual Obligations</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The following is a summary of UTMD&#8217;s significant contractual obligations and commitments as of December 31, 2011.&#160;&#160;Long-term debt obligations are comprised of future payments required to pay off the Femcare and Ireland notes:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Contractual Obligations and Commitments</font></div>
</td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 3.6pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2012</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2013- 2014</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2015-</font> <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2016</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2017 and thereafter</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="20%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="20%" style="TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Long-term debt obligations</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23,366</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,139</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,724</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,503</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="20%" style="TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating lease obligations</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,154</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">215</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">132</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">87</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">720</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="20%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Purchase obligations</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,711</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,626</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">85</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="20%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font id="TAB1" style="MARGIN-LEFT: 20.85pt"></font>Total</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,231</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,980</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,941</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,590</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">720</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Critical Accounting Policies and Estimates</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>The preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as well as the reported amounts of revenues and expenses during the reporting period.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Management bases its estimates and judgments on historical experience, current economic and industry conditions and on various other factors that are believed to be reasonable under the circumstances. This forms the basis for making judgments about the carrying values of assets and liabilities that are not readily available from other sources. Management has identified the following as the Company&#8217;s most critical accounting policies which require significant judgment and estimates. Although management believes its estimates are reasonable, actual results may differ from these estimates under different assumptions or conditions.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Allowance for doubtful accounts: The majority of the Company&#8217;s receivables are with U.S. hospitals and medical device distributors.&#160;&#160;Although the Company has historically not had significant write-offs of bad-debt, the possibility exists, particularly with foreign customers where collection efforts can be difficult or in the event of widespread U.S. hospital bankruptcies.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventory valuation reserves:&#160;&#160;The Company strives to maintain a good balance of inventory to 1) meets its customer&#8217;s needs and 2) optimize manufacturing lot sizes while 3) not tying-up an unnecessary amount of the Company&#8217;s capital increasing the possibility of, among other things, obsolescence.&#160;&#160;The Company believes its method of reviewing actual and projected demand for its existing inventory allows it to arrive at a fair inventory valuation reserve. While the Company has historically not had significant inventory write-offs, the possibility exists that one or more of its products may become unexpectedly obsolete for which a reserve has not previously been created. The
Company&#8217;s historical write-offs have not been materially different from its estimates.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company&#8217;s management has evaluated the recently issued accounting pronouncements through the filing date&#160;of these financial statements and has determined that the application of these pronouncements will not have a material impact on the Company&#8217;s financial position and results of operations.</font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 7A - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The Company had manufacturing operations, including related assets, in the U.S. denominated in the U.S. Dollar (USD), in Ireland denominated in the Euro (EUR), and in England denominated in the British Pound (GBP). UTMD also has trading activities in the U.S. and in subsidiaries in other countries denominated in the USD, EUR, GBP and the Australian Dollar (AUD).&#160;&#160;The currencies are subject to exchange rate fluctuations that are beyond the control of UTMD.&#160;&#160;The exchange rates were .7707, .7550 and .6944 EUR per USD as of December 31, 2011, 2010 and 2009, respectively.&#160;&#160;Exchange rates were .6436 GBP per USD and 1.0251 AUD per USD on
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 42.3pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Management&#8217;s Report on Internal Control Over Financial Reporting</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules&#160;13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. The Company's internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The Company's internal control over financial reporting includes those policies and procedures that:</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font>&#160;&#160;&#160;&#160;&#160;&#160;pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font>&#160;&#160;&#160;&#160;&#160;&#160;provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As required by Section&#160;404 of the Sarbanes-Oxley Act of 2002, management assessed the effectiveness of the Company's internal control over financial reporting as of December&#160;31, 2011. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in <font style="DISPLAY: inline; FONT-STYLE: italic">Internal Control-Integrated Framework</font>.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Based on its assessment and those criteria, management believes that the Company maintained effective internal control over financial reporting as of December&#160;31, 2011.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company's independent registered public accounting firm, Jones Simkins, P.C., has audited the Company's internal control over financial reporting as of December 31, 2011, and its report is shown on the next page.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Kevin L. Cornwell</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Chief Executive Officer</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To the Board of Directors and Stockholders</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of Utah Medical Products, Inc.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We have audited the accompanying consolidated balance sheets of Utah Medical Products, Inc. as of December 31, 2011 and 2010, and the related consolidated statements of income and comprehensive income, stockholders&#8217; equity, and cash flows for each of the years in the three-year period ended December 31, 2011. We also have audited Utah Medical Products, Inc.&#8217;s internal control over financial reporting as of December 31, 2011, based on criteria established in <font style="DISPLAY: inline; FONT-STYLE: italic">Internal Control&#8212;Integrated Framework</font> issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Utah Medical Products, Inc.&#8217;s management is responsible
for these financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management&#8217;s Report on Internal Control Over Financial Reporting. Our responsibility is to express an opinion on these financial statements and an opinion on the company&#8217;s internal control over financial reporting based on our audits. We did not audit the financial statements and we did not examine the effectiveness of internal control over financial reporting of Femcare Group Limited, a wholly owned subsidiary, whose statements reflect total assets of $49,891,000 and $0 as of December 31, 2011 and 2010, respectively, and total revenues of $13,273,000, $0, and $0, respectively for each of the years in the three-year period ended December 31, 2011. Those
statements and the effectiveness of internal control over financial reporting were audited by other auditors whose reports have been furnished to us, and our opinions, insofar as they relate to the amounts included for Femcare Group Limited and the effectiveness of Femcare Group Limited&#8217;s internal control over financial reporting, is based solely on the reports of the other auditors.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement and whether effective internal control over financial reporting was maintained in all material respects. Our audits of the financial statements included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our audit of internal control
over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A company&#8217;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company&#8217;s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s assets that could have a material effect on the financial statements.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In our opinion, based on our audits and the report of the other auditors, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Utah Medical Products, Inc. as of December 31, 2011 and 2010, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2011 in conformity with accounting principles generally accepted in the United States of America. Also in our opinion, based on our audit and the report of the other auditors, Utah Medical Products, Inc. maintained, in all material respects, effective internal control over financial reporting as of December 31, 2011, based on criteria
established in <font style="DISPLAY: inline; FONT-STYLE: italic">Internal Control&#8212;Integrated Framework</font> issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">/s/ Jones Simkins, P.C.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">JONES SIMKINS, P.C.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Logan, Utah</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a name="range!a1:g46"><!--efplaceholder--></a><a name="range!a1:g45"><!--efplaceholder--></a>UTAH MEDICAL PRODUCTS, INC.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">CONSOLIDATED BALANCE SHEET</font></div>
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<td colspan="8" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2011 and 2010</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(In thousands)</font></div>
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<td colspan="8" nowrap valign="bottom" width="99%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="bottom" width="78%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">ASSETS</font></font></div>
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<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current assets:</font></div>
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<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash</font></div>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,534</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,818</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Investments, available-for-sale (notes 3 and 4)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,718</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts and other receivables, net (note 2)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,734</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,164</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventories (note 2)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,005</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,097</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prepaid expenses and other current assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">345</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">161</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred income taxes (note 9)</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">333</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">185</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total current assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17,016</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,142</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment, net (note 5)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,805</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,750</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Goodwill (note 6)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,120</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,191</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other intangible assets (note 6)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">39,461</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,166</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other intangible assets - accumulated amortization</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4,012</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,011</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other intangible assets - net (note 2)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,449</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">155</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total assets</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">76,389</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,238</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="78%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">LIABILITIES AND STOCKHOLDERS' EQUITY</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current liabilities:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts payable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">925</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">398</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued expenses (note 2)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,276</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current portion of notes payable (note 7)</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,430</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">215</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total current liabilities</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,631</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,903</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Notes payable (note 7)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16,242</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">909</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred tax liability - intangible assets (note 6)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,549</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other long term liabilities</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">522</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred income taxes (note 9)</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">688</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">634</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total liabilities</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,632</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,446</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Commitments and contingencies (notes 8 and 13)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stockholders' equity:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Preferred stock, $.01 par value; 5,000 shares authorized, no shares issued and outstanding</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock, $.01 par value; 50,000 shares&#160;&#160;authorized, issued 3,640 shares in 2011 and 3,619 shares in 2010</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated other comprehensive income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,906</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,275</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Additional paid-in capital</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">721</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">107</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Retained earnings</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">42,904</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38,924</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total stockholders' equity</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">40,757</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,792</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="78%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="78%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total liabilities and stockholders' equity</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">76,389</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,238</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See&#160;&#160;accompanying notes to financial statements.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">37</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a name="range!a1:i30"><!--efplaceholder--></a>UTAH MEDICAL PRODUCTS, INC.</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">CONSOLIDATED STATEMENT OF INCOME</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">AND COMPREHENSIVE INCOME</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years ended December 31, 2011, 2010 and 2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(In thousands, except per share amounts)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="67%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Sales, net (notes 11, 12 and 13)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,860</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,121</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25,916</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cost of goods sold</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,460</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,911</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12,127</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross profit</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22,400</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13,209</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13,789</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating expense:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Sales and marketing</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,815</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,537</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,584</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Research and development</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(518</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(397</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(361</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">General and administrative</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(7,225</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,354</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,412</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,842</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,922</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,432</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other income (expense):</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Dividend and interest income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">48</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">206</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Capital gains and (losses) on investments</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Royalty income (note 13)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">71</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Interest expense</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(859</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(51</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other, net</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">104</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(14</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 4%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income before provision for income taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,080</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,041</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,580</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Provison for income taxes (note 9)</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,666</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,026</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,322</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,258</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings per common share (basic) (note 1):</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.04</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.66</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.73</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings per common share (diluted) (note 1):</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.03</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.65</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.72</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other comprehensive income:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign currency translation net of taxes of $(635), $(127) and $44</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(993</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(199</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">68</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 2%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unrealized gain (loss) on investments net of taxes of $(2), $29 and $10</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 4%; PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total comprehensive income</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,418</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,860</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,341</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See&#160;&#160;accompanying notes to financial statements.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">38</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a name="range!a1:k61"><!--efplaceholder--></a>UTAH MEDICAL PRODUCTS, INC.</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">CONSOLIDATED STATEMENT OF CASH FLOW</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years Ended December 31, 2011, 2010 and 2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(In thousands)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="12" nowrap valign="bottom" width="99%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="67%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Cash flows from operating activities:</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,258</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Adjustments to reconcile net income to net cash provided by operating activities:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Depreciation</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">707</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">563</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">555</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amortization</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,066</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gain on investments</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(38</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(212</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Provision for (recovery of) losses on accounts receivable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">77</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Loss on disposal of assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred income taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(549</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">230</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock-based compensation expense</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">95</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Increase) decrease in:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts receivable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">502</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">110</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued interest and other receivables</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(165</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">69</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventories</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(624</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">286</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prepaid expenses and other current assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">529</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">58</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Increase (decrease) in:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts payable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,213</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">52</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(73</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued expenses</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,158</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">143</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">63</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred revenue</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(66</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 5%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other liability</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">307</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 7%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net cash provided by operating activities</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,365</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,157</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,226</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Cash flows from investing activities:</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Capital expenditures for:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(247</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,532</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(466</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Intangible assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Purchases of investments</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(500</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,800</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proceeds from the sale of investments</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,155</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,839</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,116</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net cash paid in acquisition</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(41,084</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 7%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net cash provided by (used in) investing activities</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(26,685</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,705</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,158</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Cash flows from financing activities:</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proceeds from issuance of common stock - options</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">485</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">425</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">132</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock purchased and retired</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(439</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(116</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Tax benefit attributable to exercise of stock options</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proceeds from notes payable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,934</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Repayments of notes payable</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(5,942</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(413</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(463</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Dividends paid</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,433</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6,030</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,337</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 7%; PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net cash provided by (used in) financing activities</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18,078</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6,419</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,770</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Effect of exchange rate changes on cash</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(41</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(35</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 7%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net increase in cash and cash equivalents</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,717</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,408</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">313</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash at beginning of year</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,818</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">410</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">97</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash at end of year</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,534</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,818</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">410</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" colspan="4" nowrap valign="bottom" width="77%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="67%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cash paid during the year for:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="67%" style="PADDING-LEFT: 1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,685</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,810</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,075</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="67%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Interest</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">859</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">51</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See accompanying notes to financial statements.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">39</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td colspan="24" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a name="range!a1:l39"><!--efplaceholder--></a>UTAH MEDICAL PRODUCTS, INC.</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="24" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="24" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years Ended December 31, 2011, 2010 and 2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="24" nowrap valign="bottom" width="99%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(In thousands)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="24" nowrap valign="bottom" width="99%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Additional</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="34%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common Stock</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Paid-in</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Comprehensive</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Retained</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stockholders'</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="34%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Capital</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Earnings</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Equity</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="34%" style="TEXT-ALIGN: left">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance at December 31, 2008</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,603</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,122</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,891</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34,805</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares issued upon exercise of employee stock options for cash</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">186</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">186</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares received and retired upon exercise of stock options</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(54</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(54</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Tax benefit attributable to appreciation of stock options</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock option compensation expense</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock purchased and retired</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(243</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">127</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(116</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign currency translation adjustment</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">112</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">112</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unrealized holding gain from investments, available-for-sale, net of taxes</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock dividends</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,337</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,337</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,258</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,258</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance at December 31, 2009</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,612</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(994</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38,939</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,981</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares issued upon exercise of employee stock options for cash</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">497</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">497</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares received and retired upon exercise of stock options</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(73</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(73</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Tax benefit attributable to appreciation of stock options</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock option compensation expense</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock purchased and retired</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(439</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(439</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign currency translation adjustment</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(326</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(326</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unrealized holding gain from investments, available-for-sale, net of taxes</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock dividends</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6,030</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6,030</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,014</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance at December 31, 2010</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,619</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">107</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,275</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">38,924</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37,792</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares issued upon exercise of employee stock options for cash</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">485</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">485</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Tax benefit attributable to appreciation of stock options</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock option compensation expense</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">95</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">95</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign currency translation adjustment</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,628</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1,628</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unrealized holding gain from investments, available-for-sale, net of taxes</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common stock dividends</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,433</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3,433</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,414</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance at December 31, 2011</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,640</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">721</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,906</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">42,904</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">40,757</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

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<br>
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<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
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<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">40</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Currency amounts are in thousands except per-share amounts and where noted.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 1 &#8211; Summary of Significant Accounting Policies</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Organization</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Utah Medical Products, Inc. and its wholly owned subsidiaries, Femcare Holdings Ltd, with headquarters located in Romsey, Hampshire, England, and Utah Medical Products Ltd., which operates a manufacturing facility in Athlone, Ireland, (the Company) are in the primary business of producing specialized medical devices for the healthcare industry.&#160;&#160;The Company&#8217;s broad range of products includes those used in critical care areas and the labor and delivery departments of hospitals, as well as outpatient clinics and physicians&#8217; offices.&#160;&#160;Products are sold in both domestic U.S. and international markets.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Use of Estimates in the Preparation of Financial Statements</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160;&#160;Although actual results could differ from those estimates, management believes it has considered and disclosed all relevant information in making its estimates that materially affect reported performance and current values.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Principles of Consolidation</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The consolidated financial statements include those of the Company and its subsidiaries.&#160;&#160;All intercompany accounts and transactions have been eliminated in consolidation.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Cash and Cash Equivalents</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For purposes of the consolidated statement of cash flows, the Company considers cash on deposit and short-term investments with original maturities of three months or less to be cash and cash equivalents.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Investments</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company classifies its investments as &#8220;available for sale.&#8221;&#160;&#160;Securities classified as &#8220;available for sale&#8221; are carried in the financial statements at fair value.&#160;&#160;Realized gains and losses, determined using the specific identification method, are included in operations; unrealized holding gains and losses are reported as a separate component of accumulated other comprehensive income.&#160;&#160;Declines in fair value below cost that are other than temporary are included in operations.&#160;&#160;As of December 31, 2011 the Company&#8217;s investments are in General Electric (GE) and Citigroup (C)<font style="DISPLAY: inline; FONT-SIZE: 10pt">.</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Concentration of Credit Risk</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The primary concentration of credit risk consists of trade receivables.&#160;&#160;In the normal course of business, the Company provides credit terms to its customers.&#160;&#160;Accordingly, the Company performs ongoing credit evaluations of its customers and maintains allowances for possible losses which, when realized, have been within the range of management's expectations as reflected by its reserves.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company's customer base consists of hospitals, medical product distributors, physician practices and others directly related to healthcare providers, as well as other manufacturing companies.&#160;&#160;Although the Company is affected by the well-being of the global healthcare industry, management does not believe significant trade receivable credit risk exists at December&#160;31, 2011 except under an extreme global financial crisis.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company maintains its cash in bank deposit accounts in addition to Fidelity Investment accounts.&#160;&#160;The Company has not experienced any losses in such accounts and believes it is not exposed to a significant credit risk on cash and cash equivalent balances.</font></div>

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<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 1 &#8211; Summary of Significant Accounting Policies</font> (continued)</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Accounts Receivable</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Accounts receivable are amounts due on product sales and are unsecured.&#160;&#160;Accounts receivable are carried at their estimated collectible amounts.&#160;&#160;Credit is generally extended on a short-term basis; thus accounts receivable do not bear interest although a finance charge may be applied to such receivables that are past the due date.&#160;&#160;Accounts receivable are periodically evaluated for collectibility based on past credit history of customers.&#160;&#160;Provisions for losses on accounts receivable are determined on the basis of loss experience, known and inherent risk in the account balance and current economic conditions (see note 2).</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Inventories</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Finished products, work-in-process, raw materials and supplies inventories are stated at the lower of cost (computed on a first-in, first-out method) or market (see note 2).</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Property and Equipment</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Property and equipment are stated at cost.&#160;&#160;Depreciation and amortization are computed using the straight-line and units-of-production methods over estimated useful lives as follows:</font></div>

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<div align="center">
<table cellpadding="0" cellspacing="0" width="40%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="white">
<td align="left" valign="top" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Building and improvements</font></div>
</td>
<td valign="top" width="10%" style="TEXT-ALIGN: right">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15-40 years</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="30%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Furniture, equipment and tooling</font></div>
</td>
<td valign="top" width="10%" style="TEXT-ALIGN: right">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3-10 years</font></div>
</td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Long-Lived Assets</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company evaluates its long-lived assets in accordance with Accounting Standards Codification (ASC) 360, &#8220;Accounting for the Impairment of Long-Lived Assets.&#8221;&#160;&#160;Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that their net book value may not be recoverable.&#160;&#160;When such factors and circumstances exist, the Company compares the projected undiscounted future cash flows associated with the related asset or group of assets over their estimated useful lives against their respective carrying amounts.&#160;&#160;Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets
and is recorded in the period in which the determination was made.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Intangible Assets</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Costs associated with the acquisition of patents, trademarks, trade names, customer relationships, regulatory approvals &amp; product certifications, license rights and non-compete agreements are capitalized and are being amortized using the straight-line method over periods ranging from 5 to 20 years. UTMD&#8217;s goodwill is tested for impairment annually, in the fourth quarter of each year, using a fair value measurement test, in accordance with ASC 350. UTMD would also perform an impairment test, between annual tests, if circumstances changed that would more than likely reduce the fair value of goodwill below its net book value.&#160;&#160;If UTMD determined that its goodwill were impaired, a second step would be
completed to measure the amount of the impairment loss. UTMD does not expect its goodwill to become impaired in the foreseeable future.&#160;&#160;Estimated future amortization expense on intangible assets currently held, using 1.57 USD/GBP currency exchange rate, is about $2,505 in 2012, $2,504 in 2013, $2,500 in 2014, $2,499 in 2015 and $2,467 in 2016 (see note 2).&#160;&#160;The weighted average amortization period for intangible assets purchased in 2011 was 5 years for non-compete agreements, 11 years for patents, and 15 years for trademarks,&#160;&#160;trade name, customer relationships, regulatory approvals and product certifications.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Loans to Related Parties</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As a general policy, the Company&#160;does not make loans to related entities including employees, directors, shareholders, suppliers or customers.&#160;UTMD was able to manage its A/R balances to achieve an average aging of 41 days from date of invoice by the end of the year, and A/R balances over 90 days from date of invoice to 4% of total A/R.&#160; Both of these measures are historically lower than normal.&#160; As an exception in 2009, the Company extended partial payment terms to an OEM&#160;customer that&#160;converted to a three-year term loan of $70 on July 1, 2010.&#160;&#160;The balance on the note was $39 at year-end 2011.&#160;&#160;The loan is secured by personal guarantees provided by the principals of
the customer. UTMD believes that this was a wise use of its liquidity to build goodwill with a customer at an unusual time, which should ultimately help grow UTMD's business.</font></div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 1 &#8211; Summary of Significant Accounting Policies</font> (continued)</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Revenue Recognition</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company recognizes revenue at the time of shipment as title generally passes to the customer at the time of shipment. Revenue recognized by UTMD is based upon documented arrangements and fixed contracts in which the selling price is fixed prior to completion of an order. Revenue from product and service sales is generally recognized at the time the product is shipped or service completed and invoiced, and collectibility is reasonably assured.&#160;&#160;There are circumstances under which revenue may be recognized when product is not shipped, which meet the criteria of SAB 104: the Company provides engineering services, for example, design and production of manufacturing tooling that may be used in subsequent
UTMD manufacturing of custom components for other companies.&#160;&#160;This revenue is recognized when UTMD&#8217;s service has been completed according to a fixed contractual agreement.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Income Taxes</font></font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company accounts for income taxes under ASC 740, &#8220;Accounting for Income Taxes,&#8221; whereby deferred taxes are computed under the asset and liability method.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, in Utah, in the United Kingdom, in Australia and in Ireland.&#160;&#160;UTMD is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2008.&#160;&#160;In 2010, the Internal Revenue Service (IRS) examined the Company&#8217;s federal income tax return for 2008 and did not propose any adjustments.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company recognizes interest accrued related to unrecognized tax benefits in interest expenses and any related penalties in income taxes.&#160;&#160;During the year ended December 31, 2009 the Company recognized $10 in interest expense related to a 2009 settlement with the IRS, compared to none in 2010 and 2011.&#160;&#160;The Company did not have any related tax penalties in any of the three years.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Legal Costs</font></font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&#160;&#160;The Company maintains a reserve for legal costs which are probable and estimated based on previous experience.&#160;&#160;The reserve for legal costs at December 31, 2011 and 2010 was $301 and $74, respectively (see note 2).</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Earnings per Share</font></font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The computation of basic earnings per common share is based on the weighted average number of shares outstanding during each year.</font></div>

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</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The computation of earnings per common share assuming dilution is based on the weighted average number of shares outstanding during the year plus the weighted average common stock equivalents which would arise from the exercise of stock options outstanding using the treasury stock method and the average market price per share during the year.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The shares (in thousands) used in the computation of the Company&#8217;s basic and diluted earnings per share are reconciled as follows:</font></div>

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<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Weighted average number of shares outstanding &#8211; basic</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,631</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,621</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,607</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Dilutive effect of stock options</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="47%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Weighted average number of shares outstanding, assuming dilution</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,645</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,643</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,630</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">43</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 1 &#8211; Summary of Significant Accounting Policies</font> (continued)</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Presentation of Sales and Similar Taxes</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sales tax on revenue-producing transactions is recorded as a liability when the sale occurs.&#160;&#160;UTMD is not required to withhold sales tax on international sales, and at least 90% of domestic 2011 sales were to customers who are tax exempt or who are in jurisdictions where UTMD is not required to withhold sales tax.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Stock-Based Compensation</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">At December 31, 2011, the Company has stock-based employee compensation plans, which are described more fully in note 10.&#160;&#160;The Company accounts for stock compensation under ASC 718, <font style="DISPLAY: inline; FONT-STYLE: italic">Share-Based Payment</font>.&#160;&#160;This statement requires the Company to recognize compensation cost based on the grant date fair value of options granted to employees and directors.&#160;&#160;In 2011, the Company recognized $95 in compensation cost compared to $83 in 2010 and $98 in 2009.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Translation of Foreign Currencies</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Assets and liabilities of the Company&#8217;s foreign subsidiaries are translated into U.S. dollars at the applicable exchange rates at year-end.&#160;&#160;Net gains or losses resulting from the translation of the Company&#8217;s assets and liabilities are reflected as a separate component of stockholders&#8217; equity.&#160;&#160;A negative translation impact on stockholders&#8217; equity reflects a current relative U.S. Dollar value higher than at the point in time that assets were actually acquired in a foreign currency.&#160;&#160;A positive translation impact would result from a U.S. dollar weaker in value than at the point in time foreign assets were acquired.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Income and expense items are translated at the weighted average rate of exchange (based on when transactions actually occurred) during the year.</font><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 2 &#8211; Detail of Certain Balance Sheet Accounts</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="34%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="15%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="15%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td align="left" colspan="2" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts and other receivables:</font></div>
</td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts receivable</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,584</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,968</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income tax receivable</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">161</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">128</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued interest and other</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">113</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">116</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Less allowance for doubtful accounts</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(124</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(48</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,734</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,164</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="6%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventories:</font></div>
</td>
<td valign="bottom" width="58%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Finished products</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,518</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,008</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Work-in-process</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">795</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">757</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Raw materials</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,692</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,332</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,005</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,097</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" colspan="2" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other intangible assets:</font></div>
</td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Patents</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,017</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,913</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Non-compete agreements</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">155</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Trademarks &amp; trade names</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,361</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">252</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Customer relationships</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,109</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Regulatory approvals &amp; product certifications</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,819</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">39,461</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,165</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated amortization</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4,012</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,010</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">35,449</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">155</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" colspan="2" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued expenses:</font></div>
</td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Income taxes payable</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,069</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">197</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Payroll and payroll taxes</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,475</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">878</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Reserve for litigation costs</font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">301</font></td>
<td nowrap valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">74</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="58%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">431</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">141</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="6%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="58%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,276</font></td>
<td nowrap valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="13%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,290</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">44</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 3 &#8211; Investments</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company&#8217;s investments, classified as available-for-sale consist of the following:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Investments, at cost</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">380</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,029</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Equity securities:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-Unrealized holding gains</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-Unrealized holding (losses)</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(316</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(311</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Investments, at fair value</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,718.</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Changes in the unrealized holding loss on investment securities available-for-sale and reported as a separate component of accumulated other comprehensive income are as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance, beginning of year</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(190</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(235</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Realized loss from securities included in beginning balance</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">43</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gross unrealized holding gains (losses) in equity securities</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred income taxes on unrealized holding loss</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(29</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Balance, end of year</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(193</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(190</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During 2011, 2010 and 2009, UTMD had proceeds from sales of available-for-sale securities of $15,155, $5,839 and $1,116, respectively.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 4 &#8211; Fair Value Measurements</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company follows a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.&#160;&#160;The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements).&#160;&#160;A financial instrument&#8217;s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company uses the following valuation techniques to measure fair value for its assets and liabilities:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="top" width="5%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Level 1 -</font></td>
<td align="left" valign="top" width="95%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Quoted market prices in active markets for identical assets or liabilities;</font></div>
</td>
</tr><tr>
<td valign="top" width="5%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Level 2 -</font></td>
<td align="left" valign="top" width="95%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Significant other observable inputs (e.g. quoted prices for similar items in active markets, quoted prices for identical or similar items in markets that are not active, inputs other than quoted prices that are observable such as interest rate and yield curves, and market-corroborated inputs);</font></div>
</td>
</tr><tr>
<td valign="top" width="5%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Level 3 -</font></td>
<td align="left" valign="top" width="95%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unobservable inputs for the asset or liability, which are valued based on management&#8217;s estimates of assumptions that market participants would use in pricing the asset or liability.</font></div>
</td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The following table provides financial assets carried at fair value measured as of December 31 for the past two years:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="34%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="7" nowrap valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Level 1</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="7" nowrap valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Levels 2 &amp; 3</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="7" nowrap valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="34%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="34%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Money market funds</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,490</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,490</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="34%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Equities</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">228</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">228</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="34%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,718</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">64</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,718</font></td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<br>
</div>

<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">45</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 5 &#8211; Property and Equipment</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Property and equipment consists of the following:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Land</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,372</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,381</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Buildings and improvements</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,309</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,369</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Furniture, equipment and tooling</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,983</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,364</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Construction-in-progress</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">179</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">65</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,843</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,179</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated depreciation and amortization</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(18,038</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(17,429</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="38%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,805</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,750</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Included in the Company&#8217;s consolidated balance sheet are the assets of its manufacturing and administrative facilities in Utah, England and Ireland.&#160;&#160;Property and equipment, by location, are as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="16%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="14" nowrap valign="bottom" width="42%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="16%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Utah</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">England</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ireland</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="16%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Land</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">926</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">446</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,372</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Building and improvements</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,589</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,720</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,309</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Furniture, equipment and tooling</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13,456</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">927</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,983</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Construction-in-progress</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">168</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">179</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">20,139</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,104</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,843</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="16%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated depreciation</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(15,582</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(101</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,355</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(18,038</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="16%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment, net</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,557</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">500</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,748</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,805</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="10" nowrap valign="bottom" width="31%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Utah</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ireland</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Land</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">926</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">455</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,381</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Building and improvements</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,570</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,799</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,369</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Furniture, equipment and tooling</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13,408</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">956</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,364</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Construction-in-progress</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">65</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">65</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19,969</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,210</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26,179</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accumulated depreciation</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(15,182</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2,247</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(17,429</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment, net</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,787</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,963</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,750</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 6 &#8211; Acquisition</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On March 18, 2011, UTMD purchased all of the common shares of Femcare Holdings Ltd (Femcare) of the United Kingdom, and its subsidiaries.&#160;&#160;Femcare is best known for its leading global brand the Filshie Clip System &#8211; a female surgical contraception device (tubal ligation).&#160;&#160;UTMD expects the business combination will provide diversification, expansion and integration benefits that each company separately did not have the opportunity to achieve.&#160;&#160;The acquisition was accretive to financial performance in 2011 and UTMD expects that will also be the case in future years.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">While UTMD used its best estimates and assumptions as a part of the $41 million purchase price allocation process to accurately value assets acquired and liabilities assumed at the acquisition date, its estimates are inherently uncertain and subject to refinement.&#160;&#160;As a result, during the measurement period, which may be up to one year from the acquisition date, UTMD will record adjustments to the assets acquired and liabilities assumed.&#160;&#160;Upon the conclusion of the measurement period or final determination of the values of assets or liabilities assumed, whichever comes first, any subsequent adjustments will be recorded to consolidated statements of operations. UTMD believes that the accounting of
fixed assets is complete, but liabilities and intangible asset balances remain uncertain.&#160;&#160;During the quarter ended December 31, 2011, residual adjustments to initial valuations for prepaid expenses, goodwill and accrued expenses were made, but no adjustment was made to the purchase price or the value of identifiable intangibles.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">46</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 6 &#8211; Acquisition</font> (continued)</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -1.8pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A two-year $3.2 million escrow was set aside from the purchase price to back the warranties and representations of the sellers.&#160;&#160;The March 18, 2011 purchase price allocation is currently as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Assets Acquired</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts receivable</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,176</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prepaid expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">773</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventory</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,319</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Property and equipment</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">606</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Identifiable intangibles</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Patents</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">97</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Non-compete agreements</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">162</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Trademarks, trade names</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,559</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Customer relationships</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,559</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Regulatory approvals &amp; product certifications</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,419</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%" style="PADDING-LEFT: 0pt; PADDING-BOTTOM: 2px; MARGIN-LEFT: 9pt">
<div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Goodwill</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,249</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total assets acquired</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">51,919</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Liabilities Assumed</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accounts payable</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,107</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued expenses</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">644</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred tax liability</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,084</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total liabilities assumed</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,835</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="49%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net assets acquired</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,084</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">With respect to the assets acquired from Femcare, UTMD will amortize the patents and noncompete agreements over 10 and 5 years, respectively.&#160;&#160;The remaining $38,537 in identifiable intangibles will be amortized over 15 years.&#160;&#160;The $9,084 in deferred tax liability results from the difference between the book basis and tax basis of the accumulated amortization of identifiable intangible assets.&#160;&#160;The deferred tax liability will decline to zero over 15 years as the tax basis of the intangibles declines. Goodwill was measured as the excess of the purchase consideration paid over the fair value of the net assets acquired. The $8,249 in goodwill will not be amortized, but will be written down
if and when the value becomes impaired.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company incurred $341 in acquisition-related expenses, all of which are categorized under General and Administrative expenses in the Consolidated Statements of Income for the year ended December 31, 2011.&#160;&#160;A portion, $266, of the acquisition-related expenses was not tax deductible.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Pro forma Information</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Revenue for the year ended December 31, 2011 includes revenue from Femcare of $13,275. Net income from Femcare (after tax) in 2011 was $2,326.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Revenue and net income of the combined entity as though the business combination occurred as of the beginning of the reporting period is:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td align="left" valign="bottom" width="38%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Year ended</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2011</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Year ended</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31, 2010</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Revenue</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">41,780</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 7.05pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">40,488</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="38%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Net income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,235</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 7.05pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,027</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr></table>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pro forma net income of $8,235 for the year ended December 31, 2011 does not include $341 in UTMD legal costs directly attributable to the acquisition, and $1,765 in Femcare expenses for employee shareholder bonuses, loan redemption premium related to termination of ownership, buy-out of warrants, financial advisory fees and an insurance premium for sellers&#8217; liability which are directly attributable to the acquisition.</font></div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">47</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 7 &#8211; Long-term Debt</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In March 2011, the Company obtained a $14,000 loan from JPMorgan Chase Bank, N.A. (Chase), to help finance the purchase of Femcare. The terms and conditions of the loan require UTMD to a) repay the loan principal in equal monthly payments over 5 years, b) pay interest based on the 30-day LIBOR rate plus a margin starting at 2.80% and ranging from 2.00% to 3.75%, depending on the ratio of its funded debt to EBITDA (Leverage Ratio), c) pledge 65% of all foreign subsidiaries&#8217; stock, d) provide first priority liens on all domestic business assets, e) maintain its Interest Coverage Ratio at 1.15 to 1.00 or better, f) maintain its Tangible Net Worth (TNW) above a minimum threshold 20% below UTMD&#8217;s TNW at
closing on March 18, and g) maintain its Leverage Ratio at 2.75 to 1.00 or less.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Based on UTMD&#8217;s financial position, the bank&#8217;s margin was 2.00% at December 31, 2011. The variable portion of the interest rate on $7,000 of the loan was subsequently fixed at 1.79%. The balance on this note at December 31, 2011 was $10,500.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">At the same time the Company obtained a $12,934 (&#163;8,000) loan from JP Morgan Chase, London Branch, to help finance UTMD&#8217;s purchase of Femcare. Terms and conditions of the loan are the same as those listed above for the $14,000 U.S. loan.&#160;&#160;The variable portion of interest rate on the loan was subsequently fixed at 2.21%.&#160;&#160;The balance on this note at December 31, 2011 was $10,565 (&#163;6,800).</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In December 2005, the Company borrowed &#8364;4,500 ($5,336) from the Bank of Ireland to finance repatriation of profits achieved since 1996 under The American Jobs Creation Act of 2004.&#160;&#160;The loan term is 10-years at an interest rate of 1.10% plus the bank&#8217;s money market rate, which is a total of the bank&#8217;s cost of funds and cost of liquidity.&#160;&#160;The balance on the note at December 31, 2011 was $607 (&#8364;468).</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The following table shows estimated minimum required principal reduction of the notes during the next five years using the December 31, 2011 interest and currency exchange rates and starting with the December 31, 2011 balance of $21,673:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="16%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Year</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Payments</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Interest</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Principal</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ending </font>Balance</font></div>
</div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="16%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2012</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,139</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">709</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,430</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16,242</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2013</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,956</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">521</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,435</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10,807</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2014</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,768</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">328</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,440</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,367</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2015</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,525</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">130</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,395</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">971</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="16%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2016</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">978</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">971</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="16%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%">&#160;</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left">$</td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font size="2">23,366</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left">&#160;</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,694</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21,673</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left">&#160;</td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right">&#160;</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 8 &#8211; Commitments and Contingencies</font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Operating Leases</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has a lease agreement for land adjoining its Utah facility for a term of forty years commencing on September 1, 1991.&#160;&#160;On September 1, 2001 and subsequent to each fifth lease year, the basic rental was and will be adjusted for published changes in a price index.&#160;&#160;The Company leases its Femcare facilities and automobiles for sales representatives in England.&#160;&#160;The Company leased its CMI building in Oregon until its lease expired on May 31, 2010.&#160;&#160;Rent expense charged to operations under these operating lease agreements was approximately $155, $62 and $114 for the years ended December&#160;31, 2011, 2010 and 2009, respectively.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Future minimum lease payments under its lease obligations as of December 31, 2011 were as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="40%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td align="left" valign="bottom" width="29%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Years ending December 31</font>:</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="29%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2012</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">215</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2013</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">87</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2014</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2015</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">43</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2016</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="29%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Thereafter</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">720</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="29%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="29%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total future minimum lease payments</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,154</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">48</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 8 &#8211; Commitments and Contingencies</font> (continued)</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Purchase Obligations</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has obligations to purchase raw materials for use in its manufacturing operations.&#160;&#160;The Company has the right to make changes in, among other things, purchase quantities, delivery schedules and order acceptance.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Product Liability</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Except for its Femcare subsidiary, the Company is self-insured for product liability risk. &#8220;Product liability&#8221; is an insurance industry term for the cost of legal defense and possible damages awarded as a result of use of a company&#8217;s product during a procedure which results in an injury of a patient.&#160;&#160;The Company maintains a reserve for product liability litigation and damages consistent with its previous long-term experience.&#160;&#160;Actual product liability litigation costs and damages during the last three reporting years have been immaterial, which is consistent with the Company&#8217;s overall history. Femcare product liability indemnity limit is &#163;5 million each claim and in
the annual aggregate.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company absorbs the costs of clinical training and trouble-shooting in its on-going operating expenses.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Warranty Reserve</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company&#8217;s published warranty is: &#8220;UTMD warrants its products to conform in all material respects to all published product specifications in effect on the date of shipment, and to be free from defects in material and workmanship for a period of thirty (30) days for supplies, or twenty-four (24) months for equipment, from date of shipment.&#160;&#160;During the warranty period UTMD shall, at its option, replace any products shown to UTMD's reasonable satisfaction to be defective at no expense to the Purchaser or refund the purchase price.&#8221;</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UTMD maintains a warranty reserve when needed to provide for estimated costs which are likely to occur. The amount of this reserve is adjusted, as required, to reflect its actual experience. Based on its analysis of historical warranty claims and its estimate that existing warranty obligations were immaterial, no warranty reserve was made at December 31, 2011.&#160;&#160;Femcare had an established reserve at the time of acquisition by UTMD, which was subsequently eliminated as shown in the table below. The following table summarizes changes to UTMD&#8217;s warranty reserve during 2011:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="48%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Beginning Balance, January 1, 2011</font></div>
</td>
<td align="right" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="48%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Changes in Warranty Reserve during 2011:</font></font></div>
</td>
<td align="left" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="48%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;Aggregate reductions for warranty repairs</font></div>
</td>
<td align="right" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="48%">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;Aggregate changes for warranties issued during reporting period</font></div>
</td>
<td align="right" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(32)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="48%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;Aggregate changes in reserve related to preexisting warranties</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="right" valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">32</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="48%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ending Balance, December 31, 2011</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr></table>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Litigation</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&#160;&#160;Presently, there is no litigation for which the Company believes the outcome may be material to its financial results. The Company applies its accounting policy to accrue legal costs that can be reasonably estimated.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Irish Development Agency</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In order to satisfy requirements of the Irish Development Agency in assisting the start-up of its Ireland subsidiary, the Company agreed to invest certain amounts and maintain a certain capital structure in its Ireland subsidiary.&#160;&#160;The effect of these financial relationships and commitments are reflected in the consolidated financial statements and do not represent any significant credit risk that would affect future liquidity.</font><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">49</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 9 &#8211; Income Taxes</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Deferred tax assets (liabilities) consist of the following temporary differences:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="32%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="15" nowrap valign="bottom" width="47%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="32%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="7" nowrap valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="7" nowrap valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="32%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="3" nowrap valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Long-term</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Long-term</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td colspan="3" nowrap valign="bottom" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="3" nowrap valign="bottom" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="32%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Inventory write-downs and differences due to UNICAP</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">76</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">69</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="32%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Allowance for doubtful accounts</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="32%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accrued liabilities and reserves</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">127</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">99</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="32%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other - foreign</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">108</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(75</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(81</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="32%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Depreciation and amortization</font></div>
</td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(9,285</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(674</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="32%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Unrealized investment gains</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">123</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">121</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="32%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred income taxes, net</font></div>
</td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">333</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(9,237</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">185</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="2%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(634</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The components of income tax expense are as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="10" nowrap valign="bottom" width="31%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="47%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Current</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,287</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,022</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,087</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Deferred</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(621</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">235</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="47%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,666</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,026</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,322</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Income tax expense differed from amounts computed by applying the statutory federal rate to pretax income as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="10" nowrap valign="bottom" width="31%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="47%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Federal income tax expense at the statutory rate</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,650</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,914</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,128</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">State income taxes</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">257</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">283</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">304</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign income taxes (blended rate)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">877</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">74</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">46</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">ETI, manufacturing deduction and tax credits</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(270</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(275</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(193</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">152</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">30</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">37</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="47%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,666</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,026</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,322</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The domestic and foreign components of income before income tax expense were as follows:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="10" nowrap valign="bottom" width="31%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="47%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Domestic</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,795</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8,571</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,200</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 2px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Foreign</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,285</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">469</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">380</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="47%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="47%" style="PADDING-BOTTOM: 4px">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,080</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,041</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9,580</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 10 &#8211; Options</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has stock option plans which authorize the grant of stock options to eligible employees, directors and other individuals to purchase up to an aggregate of 1,011,759 shares of common stock, of which 228,306 are outstanding as of December 31, 2011.&#160;&#160;All options granted under the plans are granted at current market value at the date of grant, and may be exercised between six months and ten years following the date of grant.&#160;&#160;The plans are intended to advance the interest of the Company by attracting and ensuring retention of competent directors, employees and executive personnel, and to provide incentives to those individuals to devote their utmost efforts to the advancement of
shareholder value.&#160;&#160;Changes in stock options were as follows:</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="35%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="12%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Price Range </font>Per Share</font></div>
</div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Granted</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">67,200</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.52 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.75</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expired or canceled</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24,612</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.00 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercised</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21,220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9.13 - </font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total outstanding at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">238,306</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15.01 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total exercisable at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">172,027</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15.01 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Granted</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,700</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28.06 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28.06</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expired or canceled</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,243</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17.71 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercised</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">27,230</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6.75 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28.13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total outstanding at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">216,938</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9.13 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total exercisable at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">173,178</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9.13 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Granted</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">56,600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.00 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.00</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expired or canceled</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,712</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18.00 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercised</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16,434</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6.50 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total outstanding at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">241,711</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6.75 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="35%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total exercisable at December 31</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">167,501</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6.75 -</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="4%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31.33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For the years ended December&#160;31, 2011, 2010 and 2009, the Company reduced current income taxes payable and increased additional paid-in capital by $34, $38 and $14, respectively, for the income tax benefit attributable to sale by optionees of common stock received upon the exercise of stock options.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Stock-Based Compensation</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In 2011, the Company recognized $95 in equity compensation cost, compared to $83 in 2010 and $98 in 2009.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="10" nowrap valign="bottom" width="31%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expected dividend amount per quarter</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.2449</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.2471</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.2466</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expected stock price volatility</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Risk-free interest rate</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.19</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.08</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.76</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Expected life of options</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="TEXT-ALIGN: right">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3.6 years</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="TEXT-ALIGN: right">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.5 years</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="TEXT-ALIGN: right">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.7 years</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The per share weighted average fair value of options granted during 2011, 2010 and 2009 is $3.09, $3.71 and $2.62, respectively.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All UTMD options vest over a four-year service period.&#160;&#160;Expected dividend amounts were estimated based on the actual cash dividend rate at the time the options were granted and an estimate of future dividends based on past dividend rate changes as well as management&#8217;s expectations of future dividend rates over the expected holding period of the options.&#160;&#160;Expected volatility is based on UTMD&#8217;s historical volatility over recent periods of time and trends in that volatility, giving weight to more recent periods.&#160;&#160;Risk free interest rates were estimated based on actual U.S. Treasury Securities Interest rates as reported by the Federal Reserve Bank for periods of time equivalent
to the holding periods estimated for the options on the dates the options were granted.&#160;&#160;Expected term of options were estimated based on historical holding periods for similar options previously granted by UTMD to employees and directors.</font><br>
</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">51</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
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<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 10 &#8211; Options</font> (continued)</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The following table summarizes information about stock options outstanding at December 31, 2011:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="5" nowrap valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Options Outstanding</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="6" nowrap valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Options Exercisable</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Weighted</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Average</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Remaining</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Weighted</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Weighted</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Range of</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Contractual</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Average</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Average</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercise</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Life</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercise</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercise</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prices</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Outstanding</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Years)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Price</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exercisable</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Price</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15.01 - 24.02</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">96,669</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.28</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">22.11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">81,680</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21.76</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.59 - 25.59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45,562</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.08</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">45,562</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">26.52 - 31.33</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">96,057</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7.48</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">28.21</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">44,785</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">29.91</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15.01 - 31.33</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">238,306</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5.15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">25.23</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">172,027</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24.90</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 11 &#8211; Geographic Sales Information</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company had sales in the following geographic areas:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">United States</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Europe</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18,853</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,821</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11,186</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17,431</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,367</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,323</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18,626</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3,030</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,260</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 12 &#8211; Revenues by Product Category</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company had revenues in the following product categories:</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td align="left" valign="bottom" width="27%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Product Category</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2010</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="27%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td colspan="2" nowrap valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Obstetrics</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,742</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,940</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,543</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Gynecology/Electrosurgery/Urology</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19,196</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,888</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Neonatal</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6,951</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,295</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7,252</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Blood Pressure Monitoring and Accessories</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,971</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,998</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,902</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 13 - Product Sale and Purchase Commitments</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company has had license agreements for the rights to develop and market certain products or technologies owned by unrelated parties.&#160;&#160;The confidential terms of such agreements are unique and varied, depending on many factors relating to the value and stage of development of the technology licensed.&#160;&#160;Royalties on future product sales are a normal component of such agreements and are included in the Company&#8217;s cost of goods sold on an ongoing basis.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In 2009 and 2010 there were no patents under which UTMD received royalties from other parties. In 2011, UTMD received royalties of $70 for the use of intellectual property of Filshie Clip System as part of Femcare&#8217;s exclusive U.S. distribution agreement with Cooper Surgical, Inc.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 14 &#8211; Employee Benefit Plans</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company sponsors a contributory 401(k) savings plan for U.S. employees, and contributory retirement plans for Irish and English employees.&#160;&#160;The Company&#8217;s matching contribution is determined annually by the board of directors.&#160;&#160;Company contributions were approximately $209, $103 and $106 for the years ended December 31, 2011, 2010 and 2009, respectively.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<br>
<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">52</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>
</div>

<br>
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Note 15 &#8211; Fair Value Financial Instruments</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">None of the Company&#8217;s financial instruments, which are current assets and liabilities that could be readily traded, are held for trading purposes.&#160;&#160;Detail on investments is provided in note 3 above.&#160;&#160;The Company estimates that the fair value of all financial instruments at December 31, 2011 does not differ materially from the aggregate carrying value of its financial instruments recorded in the accompanying consolidated balance sheet.</font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company&#8217;s management has evaluated the recently issued accounting pronouncements through the filing date&#160;of these financial statements and has determined that the application of these pronouncements will not have a material impact on the Company&#8217;s financial position and results of operations.</font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Company evaluated its December 31, 2011 financial statements for subsequent events through the date the financial statements were issued.&#160;&#160;The Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements.</font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 9A &#8211; CONTROLS AND PROCEDURES</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Evaluation of Disclosure Controls and Procedures.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD Management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in the Securities Exchange Act of 1934 Rule 13a-15(e).&#160;&#160;UTMD&#8217;s Board of Directors, operating through its audit committee, provides oversight to its financial reporting process.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>During 2011, UTMD evaluated the effectiveness of the design and operation of its disclosure controls and procedures. Based on that evaluation, UTMD&#8217;s Chief Executive Officer and Principal Financial Officer concluded that, as of December 31, 2011, its disclosure controls and procedures were effective.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Management&#8217;s Report on Internal Control Over Financial Reporting.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>Pursuant to Section&#160;404 of the Sarbanes-Oxley Act of 2002, the Company has included, as part of this Form&#160;10-K, a report of management's assessment of the effectiveness of its internal controls as of December&#160;31, 2011.&#160;&#160;Jones Simkins, P.C., the independent registered public accounting firm of the Company, has audited the effectiveness of the Company's internal control over financial reporting. Management's report, and the report of Jones Simkins, P.C. appear on pages&#160;34 and&#160;35 of this Form&#160;10-K under the captions "Management's Report on Internal Control Over Financial Reporting" and "Report of Independent Registered Public
Accounting Firm" and are incorporated herein by reference.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Changes in Internal Control Over Financial Reporting.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>There have been no changes in UTMD&#8217;s internal control over financial reporting that materially affected, or were reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting during the fourth quarter of the fiscal year ended December 31, 2011, and there were no material weaknesses.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 9B &#8211; OTHER INFORMATION</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#8220;PROPOSAL NO. 1. ELECTION OF DIRECTORS: General,&#8221; and &#8220;Directors and Nominees,&#8221;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#8220;SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN PERSONS,&#8221; and</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#8220;EXECUTIVE OFFICER COMPENSATION: 2011 Director Compensation,&#8221;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is incorporated herein by reference.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>UTMD adopted a Code of Ethics for its executive officers, including the Chief Executive Officer and outside directors, in October 2003.&#160;&#160;The Code of Ethics, along with UTMD&#8217;s Code of Conduct, which covers all exempt employees (including all officers and outside directors) and certain non-exempt employees, is posted on UTMD&#8217;s web site at <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.utahmed.com</font>.&#160;&#160;UTMD intends to post on its website any waivers of or amendments to its Code of Ethics.</font><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">BOARD OF DIRECTORS AND OTHER BOARD COMMITTEE REPORTS: Compensation and Option Committee Interlocks and Insider Participation,&#8221; specifically excluding the &#8220;Report of the Compensation Committee&#8221;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is incorporated herein by reference.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 12 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is incorporated herein by reference.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>The information from the definitive proxy statement of the registrant for the 2012 annual meeting of shareholders under the caption &#8220;PROPOSAL NO 2. RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM: Fees billed by Jones Simkins P.C.,&#8221; &#8220;Audit Committee Policy and Approval,&#8221; and &#8220;Auditor Independence&#8221; are incorporated herein by reference.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(See Table of Contents to Item 8, above.)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Financial Statement Schedules are omitted because they are inapplicable or the required information is otherwise included in the accompanying Financial Statements and the notes thereto.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 7.2pt"></font>3.&#160;&#160;&#160;&#160;&#160;Exhibits.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">SEC </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Reference&#160;</font><font style="DISPLAY: inline">#</font></font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Title of Document</font></font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Location</font></font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Articles of Restatement of the Articles of Incorporation</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (1)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Articles of Correction to the Restated Articles of Incorporation</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (1)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Bylaws</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (2)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Rights Agreement dated as of July 30, 2004, between Utah Medical Products, Inc., and Registrar and Transfer Company</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (3)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Designation of Rights, Privileges, and Preferences of Series &#8220;A&#8221; Preferred Stock</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (2)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Employment Agreement dated December 21, 1992 with Kevin L. Cornwell*</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (4)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amendment, effective May 15, 1998, to Employment Agreement dated December 21, 1992 with Kevin L. Cornwell*</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (4)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Utah Medical Products, Inc., 2003 Employees&#8217; and Directors&#8217; Incentive Plan*</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (5)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">9</font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Loan Agreement, signed 6-December-2005 between Utah Medical Products Limited and Bank of Ireland</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (6)</font></div>
</td>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amendment to Loan Agreement, dated 12-March-2008 between Utah Medical Products Limited and Bank of Ireland</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (7)</font></div>
</td>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">11</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Guarantee and Indemnity, dated 13-June-2008, by Utah Medical Products, Inc. to Bank of Ireland</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (7)</font></div>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Agreement relating to the sale and purchase of the whole of the issued share capital of Femcare Group Limited dated 18 March 2011</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (8)</font></div>
</td>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">13</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Credit Agreement dated as of March 17, 2011 among Utah Medical Products, Inc., as Borrower, and JPMorgan Chase Bank, N.A., as Lender</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (8)</font></div>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Facility Agreement dated 18 March 2011 for Femcare Group Limited as Borrower with JPMorgan Chase Bank, N.A., London Branch as Lender</font></div>
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<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (8)</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Summary of Officer and Director Compensation</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">This Filing</font></div>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Subsidiaries of Utah Medical Products, Inc.</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by Reference (9)</font></div>
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<div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">56</font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160; </font></div>
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</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Exhibit #</font></font></div>
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<td valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">SEC</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Reference&#160;#</font></font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Title of Document</font></font></div>
</td>
<td align="left" valign="bottom" width="2%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Location</font></font></div>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Consent of Jones Simkins, P.C., Company&#8217;s independent auditors for the years ended December 31, 2010, December 31, 2009 and December 31, 2008</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">This Filing</font></div>
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</tr><tr bgcolor="white">
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Certification of CEO pursuant to Rule 13a-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">This Filing</font></div>
</td>
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<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">19</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">31</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Certification of Principal Financial Officer pursuant to Rule 13a-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">This Filing</font></div>
</td>
</tr><tr bgcolor="white">
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">20</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">32</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="64%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Certification of CEO pursuant to 18 U.S.C. &#167;1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</font></div>
</td>
<td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="20%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">This Filing</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21</font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="5%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">32</font></div>
</td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">* Management contract of compensatory plan or arrangement required to be filed pursuant to Item 14(c).</font></div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s annual report on form 10-K filed with the Commission for the year ended December 31, 2004.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s registration statement on form S-8 filed with the Commission effective February 10, 1995.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s report on form 8-K filed with the Commission on October 1, 2004.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s annual report on form 10-K filed with the Commission for the year ended December 31, 2003.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(5)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s annual report on form 10-K filed with the Commission for the year ended December 31, 2002.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(6)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s report on form 8-K filed with the Commission on December 12, 2005.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(7)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s annual report on form 10-K/A filed with the Commission for the year ended December 31, 2008.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="69%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="4%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(8)</font></div>
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<td align="left" valign="top" width="69%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s report on form 8-K filed with the Commission on March 23, 2011.</font></div>
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<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="69%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="4%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(9)</font></div>
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<td align="left" valign="top" width="69%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporated by reference from the Company&#8217;s annual report on form 10-K filed with the Commission for the year ended December 31, 1999.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 9pt"></font>Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned this 9th day of March, 2012.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UTAH MEDICAL PRODUCTS, INC.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief Executive Officer</font></div>
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<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td align="left" colspan="3" valign="top" width="100%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font> <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on this 9th day of March, 2012.</font></td>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="68%">
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Kevin L. Cornwell, Chief Executive Officer &amp; Director</font></div>
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<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td align="left" valign="top" width="68%">
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ernst G. Hoyer, Director</font></div>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
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<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline"> /s/ Barbara A. Payne&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160; </font></font></div>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Barbara A. Payne, Director</font></div>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="30%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
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<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;/s/ Paul O. Richins&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></div>
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<td valign="top" width="30%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="68%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Paul O. Richins, Principal Financial and Accounting Officer &amp; Director</font></div>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>utahmedicalexh101.htm
<DESCRIPTION>SUMMARY OF OFFICER AND DIRECTOR COMPENSATION
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT 15</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SUMMARY OF OFFICER AND DIRECTOR COMPENSATION</font></div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Employment Agreement in Exhibit 6 of this report is the only written contractual compensation arrangement the Company has with any of its directors and Executive Officers.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160; </font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During 2012, the Company&#8217;s Chief Executive and Principal Financial Officers (the Company&#8217;s &#8220;Named Executive Officers&#8221;) are scheduled to receive the following compensation from the Company:</font></div>
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<table cellpadding="0" cellspacing="0" width="60%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
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<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Compensation Arrangement</font></div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt; TEXT-ALIGN: center">&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2012 Scheduled Amount</font></div>
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<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Base salary</font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$&#160;&#160;234,000 (CEO); $104,000 (PFO)</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">401(k) matching contributions</font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,000 (maximum)</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Section 125 plan matching contributions <font style="DISPLAY: inline; FONT-SIZE: 10pt">(1)</font></font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;400 (maximum)</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Management bonus</font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">will be determined at year-end</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pet health benefits <font style="DISPLAY: inline; FONT-SIZE: 10pt">(1)</font></font></div>
</td>
<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;500 (maximum)</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="29%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Family medical benefits <font style="DISPLAY: inline; FONT-SIZE: 10pt">(1)</font></font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">will depend on future events</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Travel expense reimbursement <font style="DISPLAY: inline; FONT-SIZE: 10pt">(2)</font></font></div>
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<td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="29%" style="TEXT-ALIGN: center">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,000 (CEO); 500 (PFO)</font></div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During 2012, the Company&#8217;s Directors are scheduled to receive the following compensation from the Company:</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ernst Hoyer</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">James Beeson</font></div>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24,000</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24,000</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">24,000</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,000</font></td>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Audit Committee Chairman</font></div>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,000</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">-</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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<td align="left" valign="bottom" width="27%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Travel Expense Reimbursement <font style="DISPLAY: inline; FONT-SIZE: 10pt">(2)</font></font></div>
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<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">500</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">700</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td valign="bottom" width="8%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">500</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr></table>
</div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)&#160;&#160;&#160;CEO and PFO participate on the same basis as other eligible employees.</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)&#160;&#160;&#160;Estimated 2011 travel expenses on behalf of UTMD business.&#160;&#160;The Company reimburses its employees and directors for authorized business expenses.</font></div>

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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>utahmedicalexh23.htm
<DESCRIPTION>CONSENT OF JONES SIMKINS, P.C., COMPANY'S INDEPENDENT AUDITORS FOR THE YEARS ENDED DECEMBER 31, 2010, DECEMBER 31, 2009 AND DECEMBER 31, 2008
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Utah Medical Products, Inc.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>We consent to the incorporation by reference in Registration Statement Nos. 33-89394, 333-127946 (on Form S-8), and 333-153361 (on Form S-3) of Utah Medical Products, Inc. of our audit report dated March 5, 2012, on the consolidated financial statements and internal control over financial reporting of Utah Medical Products, Inc., which report appears in this annual report on Form 10-K of Utah Medical Products, Inc. for the years ended December 31, 2011, 2010, and 2009.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">/s/ Jones Simkins, P.C.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">JONES SIMKINS, P.C.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Logan, Utah</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">March 5, 2012</font></div>

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<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>4
<FILENAME>utahmedicalexh311.htm
<DESCRIPTION>CERTIFICATION OF CEO PURSUANT TO RULE 13A-14(A) AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">I, Kevin L. Cornwell, certify that:</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>1.&#160;&#160;&#160;&#160;&#160;&#160;I have reviewed this annual report on Form 10-K of Utah Medical Products, Inc.;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>2.&#160;&#160;&#160;&#160;&#160;&#160;Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>3.&#160;&#160;&#160;&#160;&#160;&#160;Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>4.&#160;&#160;&#160;&#160;&#160;&#160;The registrant&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</font></div>

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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td align="left" valign="top" width="3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(a)</font></div>
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<td align="left" valign="top" width="96%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(b)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</font></div>
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<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(c)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</font></div>
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<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(d)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting; and</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>5.&#160;&#160;&#160;&#160;&#160;&#160;The registrant&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of registrant&#8217;s board of directors (or persons performing the equivalent functions):</font></div>

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<td align="left" valign="top" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">a)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">b)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dated: March 9, 2012</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">/s/ Kevin L. Cornwell&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Kevin L. Cornwell</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief Executive Officer</font></div>

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<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>5
<FILENAME>utahmedicalex312.htm
<DESCRIPTION>CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PURSUANT TO RULE 13a-14(a) AS ADOPTED PURSUANT TO</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">I, Paul O. Richins, certify that:</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>1.&#160;&#160;&#160;&#160;&#160;&#160;I have reviewed this annual report on Form 10-K of Utah Medical Products, Inc.;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>2.&#160;&#160;&#160;&#160;&#160;&#160;Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>3.&#160;&#160;&#160;&#160;&#160;&#160;Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>4.&#160;&#160;&#160;&#160;&#160;&#160;The registrant&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</font></div>

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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<td align="left" valign="top" width="3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(a)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(b)</font></td>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<td align="left" valign="top" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(c)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
</tr><tr>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(d)</font></div>
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<td align="left" valign="top" width="96%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting; and</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 0.05pt"></font>5.&#160;&#160;&#160;&#160;&#160;&#160;The registrant&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of registrant&#8217;s board of directors (or persons performing the equivalent functions):</font></div>

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<td align="left" valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
<td align="left" valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
</tr><tr>
<td align="left" valign="top" width="1%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
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<td align="left" valign="top" width="3%">
<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">a)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and</font></div>
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<td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
<td valign="top" width="96%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160; </font></td>
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<TYPE>EX-32.1
<SEQUENCE>6
<FILENAME>utahmedicalex321.htm
<DESCRIPTION>CERTIFICATION OF CEO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT 20</font></div>

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&#160;</div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CERTIFICATION PURSUANT TO</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">18 U.S.C. SECTION 1350,</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In connection with the Annual Report of Utah Medical Products, Inc. (the &#8220;Company&#8221;) on Form 10-K for the fiscal year ending December 31, 2011, as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), I, Kevin L. Cornwell, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:</font></div>

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<div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March 9, 2012</font></div>

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<TYPE>EX-32.2
<SEQUENCE>7
<FILENAME>utahmedicalexh322.htm
<DESCRIPTION>CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">18 U.S.C. SECTION 1350,</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AS ADOPTED PURSUANT TO</font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In connection with the Annual Report of Utah Medical Products, Inc. (the &#8220;Company&#8221;) on Form 10-K for the fiscal year ending December 31, 2011, as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), I, Paul O. Richins, Principal Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:</font></div>

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	<us-gaap:IncreaseDecreaseInOtherReceivables unitRef='USD' contextRef='Y09' decimals='-3'>-69000</us-gaap:IncreaseDecreaseInOtherReceivables>
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	<us-gaap:IncreaseDecreaseInInventories unitRef='USD' contextRef='Y10' decimals='-3'>-286000</us-gaap:IncreaseDecreaseInInventories>
	<us-gaap:IncreaseDecreaseInInventories unitRef='USD' contextRef='Y09' decimals='-3'>83000</us-gaap:IncreaseDecreaseInInventories>
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	<us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets unitRef='USD' contextRef='Y10' decimals='-3'>-58000</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
	<us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets unitRef='USD' contextRef='Y09' decimals='-3'>10000</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
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	<us-gaap:IncreaseDecreaseInAccountsPayable unitRef='USD' contextRef='Y10' decimals='-3'>52000</us-gaap:IncreaseDecreaseInAccountsPayable>
	<us-gaap:IncreaseDecreaseInAccountsPayable unitRef='USD' contextRef='Y09' decimals='-3'>-73000</us-gaap:IncreaseDecreaseInAccountsPayable>
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	<us-gaap:IncreaseDecreaseInAccruedLiabilities unitRef='USD' contextRef='Y09' decimals='-3'>63000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
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	<us-gaap:NetCashProvidedByUsedInInvestingActivities unitRef='USD' contextRef='Y10' decimals='-3'>2705000</us-gaap:NetCashProvidedByUsedInInvestingActivities>
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	<us-gaap:SignificantAccountingPoliciesTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 1 &amp;#150; Summary of Significant Accounting Policies&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Organization&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Utah Medical Products, Inc. and its wholly owned subsidiaries, Femcare Holdings Ltd, with headquarters located in Romsey, Hampshire, England, and Utah Medical Products Ltd., which operates a manufacturing facility in Athlone, Ireland, (the Company) are in the primary business of producing specialized medical devices for the healthcare industry.&amp;nbsp;&amp;nbsp;The Company&amp;#146;s broad range of products includes those used in critical care areas and the labor and delivery departments of hospitals, as well as outpatient clinics and physicians&amp;#146; offices.&amp;nbsp;&amp;nbsp;Products are sold in both domestic U.S. and international markets.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Use of Estimates in the Preparation of Financial Statements&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&amp;nbsp;&amp;nbsp;Although actual results could differ from those estimates, management believes it has considered and disclosed all relevant information in making its estimates that materially affect reported performance and current values.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Principles of Consolidation&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The consolidated financial statements include those of the Company and its subsidiaries.&amp;nbsp;&amp;nbsp;All intercompany accounts and transactions have been eliminated in consolidation.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Cash and Cash Equivalents&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;For purposes of the consolidated statement of cash flows, the Company considers cash on deposit and short-term investments with original maturities of three months or less to be cash and cash equivalents.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Investments&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company classifies its investments as &amp;#147;available for sale.&amp;#148;&amp;nbsp;&amp;nbsp;Securities classified as &amp;#147;available for sale&amp;#148; are carried in the financial statements at fair value.&amp;nbsp;&amp;nbsp;Realized gains and losses, determined using the specific identification method, are included in operations; unrealized holding gains and losses are reported as a separate component of accumulated other comprehensive income.&amp;nbsp;&amp;nbsp;Declines in fair value below cost that are other than temporary are included in operations.&amp;nbsp;&amp;nbsp;As of December 31, 2011 the Company&amp;#146;s investments are in General Electric (GE) and Citigroup (C)&lt;font style=&quot;DISPLAY:inline&quot;&gt;.&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Concentration of Credit Risk&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The primary concentration of credit risk consists of trade receivables.&amp;nbsp;&amp;nbsp;In the normal course of business, the Company provides credit terms to its customers.&amp;nbsp;&amp;nbsp;Accordingly, the Company performs ongoing credit evaluations of its customers and maintains allowances for possible losses which, when realized, have been within the range of management&apos;s expectations as reflected by its reserves.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company&apos;s customer base consists of hospitals, medical product distributors, physician practices and others directly related to healthcare providers, as well as other manufacturing companies.&amp;nbsp;&amp;nbsp;Although the Company is affected by the well-being of the global healthcare industry, management does not believe significant trade receivable credit risk exists at December&amp;nbsp;31, 2011 except under an extreme global financial crisis.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company maintains its cash in bank deposit accounts in addition to Fidelity Investment accounts.&amp;nbsp;&amp;nbsp;The Company has not experienced any losses in such accounts and believes it is not exposed to a significant credit risk on cash and cash equivalent balances.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Accounts Receivable&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accounts receivable are amounts due on product sales and are unsecured.&amp;nbsp;&amp;nbsp;Accounts receivable are carried at their estimated collectible amounts.&amp;nbsp;&amp;nbsp;Credit is generally extended on a short-term basis; thus accounts receivable do not bear interest although a finance charge may be applied to such receivables that are past the due date.&amp;nbsp;&amp;nbsp;Accounts receivable are periodically evaluated for collectibility based on past credit history of customers.&amp;nbsp;&amp;nbsp;Provisions for losses on accounts receivable are determined on the basis of loss experience, known and inherent risk in the account balance and current economic conditions (see note 2).&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Inventories&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Finished products, work-in-process, raw materials and supplies inventories are stated at the lower of cost (computed on a first-in, first-out method) or market (see note 2).&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Property and Equipment&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Property and equipment are stated at cost.&amp;nbsp;&amp;nbsp;Depreciation and amortization are computed using the straight-line and units-of-production methods over estimated useful lives as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;40%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;30%&quot; align=&quot;left&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Building and improvements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;10%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15-40 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;30%&quot; align=&quot;left&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Furniture, equipment and tooling&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;10%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3-10 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Long-Lived Assets&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company evaluates its long-lived assets in accordance with Accounting Standards Codification (ASC) 360, &amp;#147;Accounting for the Impairment of Long-Lived Assets.&amp;#148;&amp;nbsp;&amp;nbsp;Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that their net book value may not be recoverable.&amp;nbsp;&amp;nbsp;When such factors and circumstances exist, the Company compares the projected undiscounted future cash flows associated with the related asset or group of assets over their estimated useful lives against their respective carrying amounts.&amp;nbsp;&amp;nbsp;Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets and is recorded in the period in which the determination was made.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Intangible Assets&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Costs associated with the acquisition of patents, trademarks, trade names, customer relationships, regulatory approvals &amp;amp; product certifications, license rights and non-compete agreements are capitalized and are being amortized using the straight-line method over periods ranging from 5 to 20 years. UTMD&amp;#146;s goodwill is tested for impairment annually, in the fourth quarter of each year, using a fair value measurement test, in accordance with ASC 350. UTMD would also perform an impairment test, between annual tests, if circumstances changed that would more than likely reduce the fair value of goodwill below its net book value.&amp;nbsp;&amp;nbsp;If UTMD determined that its goodwill were impaired, a second step would be completed to measure the amount of the impairment loss. UTMD does not expect its goodwill to become impaired in the foreseeable future.&amp;nbsp;&amp;nbsp;Estimated future amortization expense on intangible assets currently held, using 1.57 USD/GBP currency exchange rate, is about $2,505 in 2012, $2,504 in 2013, $2,500 in 2014, $2,499 in 2015 and $2,467 in 2016 (see note 2).&amp;nbsp;&amp;nbsp;The weighted average amortization period for intangible assets purchased in 2011 was 5 years for non-compete agreements, 11 years for patents, and 15 years for trademarks,&amp;nbsp;&amp;nbsp;trade name, customer relationships, regulatory approvals and product certifications.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Loans to Related Parties&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;As a general policy, the Company&amp;nbsp;does not make loans to related entities including employees, directors, shareholders, suppliers or customers.&amp;nbsp;UTMD was able to manage its A/R balances to achieve an average aging of 41 days from date of invoice by the end of the year, and A/R balances over 90 days from date of invoice to 4% of total A/R.&amp;nbsp; Both of these measures are historically lower than normal.&amp;nbsp; As an exception in 2009, the Company extended partial payment terms to an OEM&amp;nbsp;customer that&amp;nbsp;converted to a three-year term loan of $70 on July 1, 2010.&amp;nbsp;&amp;nbsp;The balance on the note was $39 at year-end 2011.&amp;nbsp;&amp;nbsp;The loan is secured by personal guarantees provided by the principals of the customer. UTMD believes that this was a wise use of its liquidity to build goodwill with a customer at an unusual time, which should ultimately help grow UTMD&apos;s business.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Revenue Recognition&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company recognizes revenue at the time of shipment as title generally passes to the customer at the time of shipment. Revenue recognized by UTMD is based upon documented arrangements and fixed contracts in which the selling price is fixed prior to completion of an order. Revenue from product and service sales is generally recognized at the time the product is shipped or service completed and invoiced, and collectibility is reasonably assured.&amp;nbsp;&amp;nbsp;There are circumstances under which revenue may be recognized when product is not shipped, which meet the criteria of SAB 104: the Company provides engineering services, for example, design and production of manufacturing tooling that may be used in subsequent UTMD manufacturing of custom components for other companies.&amp;nbsp;&amp;nbsp;This revenue is recognized when UTMD&amp;#146;s service has been completed according to a fixed contractual agreement.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Income Taxes&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company accounts for income taxes under ASC 740, &amp;#147;Accounting for Income Taxes,&amp;#148; whereby deferred taxes are computed under the asset and liability method.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, in Utah, in the United Kingdom, in Australia and in Ireland.&amp;nbsp;&amp;nbsp;UTMD is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2008.&amp;nbsp;&amp;nbsp;In 2010, the Internal Revenue Service (IRS) examined the Company&amp;#146;s federal income tax return for 2008 and did not propose any adjustments.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company recognizes interest accrued related to unrecognized tax benefits in interest expenses and any related penalties in income taxes.&amp;nbsp;&amp;nbsp;During the year ended December 31, 2009 the Company recognized $10 in interest expense related to a 2009 settlement with the IRS, compared to none in 2010 and 2011.&amp;nbsp;&amp;nbsp;The Company did not have any related tax penalties in any of the three years.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Legal Costs&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&amp;nbsp;&amp;nbsp;The Company maintains a reserve for legal costs which are probable and estimated based on previous experience.&amp;nbsp;&amp;nbsp;The reserve for legal costs at December 31, 2011 and 2010 was $301 and $74, respectively (see note 2).&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Earnings per Share&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The computation of basic earnings per common share is based on the weighted average number of shares outstanding during each year.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The computation of earnings per common share assuming dilution is based on the weighted average number of shares outstanding during the year plus the weighted average common stock equivalents which would arise from the exercise of stock options outstanding using the treasury stock method and the average market price per share during the year.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The shares (in thousands) used in the computation of the Company&amp;#146;s basic and diluted earnings per share are reconciled as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Weighted average number of shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,631&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,621&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,607&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Dilutive effect of stock options&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;22&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;23&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Weighted average number of shares outstanding, assuming dilution&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,645&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,643&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,630&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Presentation of Sales and Similar Taxes&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Sales tax on revenue-producing transactions is recorded as a liability when the sale occurs.&amp;nbsp;&amp;nbsp;UTMD is not required to withhold sales tax on international sales, and at least 90% of domestic 2011 sales were to customers who are tax exempt or who are in jurisdictions where UTMD is not required to withhold sales tax.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Stock-Based Compensation&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;At December 31, 2011, the Company has stock-based employee compensation plans, which are described more fully in note 10.&amp;nbsp;&amp;nbsp;The Company accounts for stock compensation under ASC 718, &lt;font style=&quot;FONT-STYLE:italic; DISPLAY:inline&quot;&gt;Share-Based Payment&lt;/font&gt;.&amp;nbsp;&amp;nbsp;This statement requires the Company to recognize compensation cost based on the grant date fair value of options granted to employees and directors.&amp;nbsp;&amp;nbsp;In 2011, the Company recognized $95 in compensation cost compared to $83 in 2010 and $98 in 2009.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Translation of Foreign Currencies&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Assets and liabilities of the Company&amp;#146;s foreign subsidiaries are translated into U.S. dollars at the applicable exchange rates at year-end.&amp;nbsp;&amp;nbsp;Net gains or losses resulting from the translation of the Company&amp;#146;s assets and liabilities are reflected as a separate component of stockholders&amp;#146; equity.&amp;nbsp;&amp;nbsp;A negative translation impact on stockholders&amp;#146; equity reflects a current relative U.S. Dollar value higher than at the point in time that assets were actually acquired in a foreign currency.&amp;nbsp;&amp;nbsp;A positive translation impact would result from a U.S. dollar weaker in value than at the point in time foreign assets were acquired.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Income and expense items are translated at the weighted average rate of exchange (based on when transactions actually occurred) during the year.&lt;/font&gt;&lt;/div&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
	<us-gaap:SupplementalBalanceSheetDisclosuresTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 2 &amp;#150; Detail of Certain Balance Sheet Accounts&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;34%&quot; colspan=&quot;6&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;15%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;15%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; 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&lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Less allowance for doubtful accounts&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; 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&lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,734&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,164&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Inventories:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Finished products&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,518&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,008&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Work-in-process&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;795&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;757&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Raw materials&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,692&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,332&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,005&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,097&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; colspan=&quot;2&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Other intangible assets:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Patents&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,017&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,913&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Non-compete agreements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;155&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Trademarks &amp;amp; trade names&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,361&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;252&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Customer relationships&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,109&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Regulatory approvals &amp;amp; product certifications&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,819&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;39,461&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,165&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accumulated amortization&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(4,012&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(2,010&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;35,449&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;155&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; colspan=&quot;2&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accrued expenses:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Income taxes payable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,069&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;197&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Payroll and payroll taxes&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,475&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;878&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Reserve for litigation costs&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;301&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;74&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Other&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;431&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;141&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;6%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;58%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,276&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;13%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,290&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SupplementalBalanceSheetDisclosuresTextBlock>
	<us-gaap:GainLossOnInvestmentsTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 3 &amp;#150; Investments&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company&amp;#146;s investments, classified as available-for-sale consist of the following:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;20%&quot; colspan=&quot;6&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Investments, at cost&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;380&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15,029&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Equity securities:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-Unrealized holding gains&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-Unrealized holding (losses)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(316&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(311&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Investments, at fair value&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;64&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,718.&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Changes in the unrealized holding loss on investment securities available-for-sale and reported as a separate component of accumulated other comprehensive income are as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;20%&quot; colspan=&quot;6&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Balance, beginning of year&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(190&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(235&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Realized loss from securities included in beginning balance&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;18&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;43&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Gross unrealized holding gains (losses) in equity securities&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(23&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Deferred income taxes on unrealized holding loss&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(29&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Balance, end of year&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(193&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(190&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;During 2011, 2010 and 2009, UTMD had proceeds from sales of available-for-sale securities of $15,155, $5,839 and $1,116, respectively.&lt;/font&gt;&lt;/div&gt;</us-gaap:GainLossOnInvestmentsTextBlock>
	<us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 4 &amp;#150; Fair Value Measurements&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company follows a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.&amp;nbsp;&amp;nbsp;The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements).&amp;nbsp;&amp;nbsp;A financial instrument&amp;#146;s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company uses the following valuation techniques to measure fair value for its assets and liabilities:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div&gt; &lt;table width=&quot;100%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;5%&quot; style=&quot;TEXT-ALIGN:center&quot; valign=&quot;top&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Level 1 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;95%&quot; align=&quot;left&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Quoted market prices in active markets for identical assets or liabilities;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;5%&quot; style=&quot;TEXT-ALIGN:center&quot; valign=&quot;top&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Level 2 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;95%&quot; align=&quot;left&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Significant other observable inputs (e.g. quoted prices for similar items in active markets, quoted prices for identical or similar items in markets that are not active, inputs other than quoted prices that are observable such as interest rate and yield curves, and market-corroborated inputs);&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;5%&quot; style=&quot;TEXT-ALIGN:center&quot; valign=&quot;top&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Level 3 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;95%&quot; align=&quot;left&quot; valign=&quot;top&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Unobservable inputs for the asset or liability, which are valued based on management&amp;#146;s estimates of assumptions that market participants would use in pricing the asset or liability.&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The following table provides financial assets carried at fair value measured as of December 31 for the past two years:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;34%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;19%&quot; colspan=&quot;7&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Level 1&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;19%&quot; colspan=&quot;7&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Levels 2 &amp;amp; 3&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;19%&quot; colspan=&quot;7&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;34%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;34%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Money market funds&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,490&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,490&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;34%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Equities&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;228&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;64&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;228&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;34%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;64&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,718&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;64&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;7%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,718&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock>
	<us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 5 &amp;#150; Property and Equipment&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Property and equipment consists of the following:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;20%&quot; colspan=&quot;6&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Land&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,372&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,381&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Buildings and improvements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;10,309&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;10,369&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Furniture, equipment and tooling&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,983&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,364&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Construction-in-progress&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;179&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;65&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26,843&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26,179&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accumulated depreciation and amortization&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(18,038&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(17,429&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,805&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,750&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Included in the Company&amp;#146;s consolidated balance sheet are the assets of its manufacturing and administrative facilities in Utah, England and Ireland.&amp;nbsp;&amp;nbsp;Property and equipment, by location, are as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;16%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;42%&quot; colspan=&quot;14&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;16%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Utah&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;England&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Ireland&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;16%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;16%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Land&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;926&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;446&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,372&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;16%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Building and improvements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,589&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,720&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;10,309&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;16%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Furniture, equipment and tooling&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;13,456&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;600&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;927&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,983&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;16%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Construction-in-progress&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;168&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; 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style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(18,038&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;16%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; 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style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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&lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,557&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;500&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,748&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,805&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;31%&quot; colspan=&quot;10&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31, 2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Utah&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Ireland&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Land&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;926&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;455&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;,381&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Building and improvements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,570&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,799&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;10,369&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Furniture, equipment and tooling&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;13,408&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;956&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;14,364&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Construction-in-progress&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;65&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;65&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;19,969&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6,210&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26,179&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accumulated depreciation&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(15,182&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(2,247&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(17,429&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Property and equipment, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; 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&lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,750&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>
	<us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 6 &amp;#150; Acquisition&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;On March 18, 2011, UTMD purchased all of the common shares of Femcare Holdings Ltd (Femcare) of the United Kingdom, and its subsidiaries.&amp;nbsp;&amp;nbsp;Femcare is best known for its leading global brand the Filshie Clip System &amp;#150; a female surgical contraception device (tubal ligation).&amp;nbsp;&amp;nbsp;UTMD expects the business combination will provide diversification, expansion and integration benefits that each company separately did not have the opportunity to achieve.&amp;nbsp;&amp;nbsp;The acquisition was accretive to financial performance in 2011 and UTMD expects that will also be the case in future years.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;While UTMD used its best estimates and assumptions as a part of the $41 million purchase price allocation process to accurately value assets acquired and liabilities assumed at the acquisition date, its estimates are inherently uncertain and subject to refinement.&amp;nbsp;&amp;nbsp;As a result, during the measurement period, which may be up to one year from the acquisition date, UTMD will record adjustments to the assets acquired and liabilities assumed.&amp;nbsp;&amp;nbsp;Upon the conclusion of the measurement period or final determination of the values of assets or liabilities assumed, whichever comes first, any subsequent adjustments will be recorded to consolidated statements of operations. UTMD believes that the accounting of fixed assets is complete, but liabilities and intangible asset balances remain uncertain.&amp;nbsp;&amp;nbsp;During the quarter ended December 31, 2011, residual adjustments to initial valuations for prepaid expenses, goodwill and accrued expenses were made, but no adjustment was made to the purchase price or the value of identifiable intangibles.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:-1.8pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;A two-year $3.2 million escrow was set aside from the purchase price to back the warranties and representations of the sellers.&amp;nbsp;&amp;nbsp;The March 18, 2011 purchase price allocation is currently as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Assets Acquired&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accounts receivable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,176&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Prepaid expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;773&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Inventory&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,319&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Property and equipment&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;606&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Identifiable intangibles&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Patents&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;97&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Non-compete agreements&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;162&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Trademarks, trade names&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,559&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Customer relationships&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,559&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Regulatory approvals &amp;amp; product certifications&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15,419&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Goodwill&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,249&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total assets acquired&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;51,919&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Liabilities Assumed&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accounts payable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,107&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accrued expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;644&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Deferred tax liability&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9,084&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total liabilities assumed&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;10,835&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;49%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;49%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Net assets acquired&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;41,084&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;With respect to the assets acquired from Femcare, UTMD will amortize the patents and noncompete agreements over 10 and 5 years, respectively.&amp;nbsp;&amp;nbsp;The remaining $38,537 in identifiable intangibles will be amortized over 15 years.&amp;nbsp;&amp;nbsp;The $9,084 in deferred tax liability results from the difference between the book basis and tax basis of the accumulated amortization of identifiable intangible assets.&amp;nbsp;&amp;nbsp;The deferred tax liability will decline to zero over 15 years as the tax basis of the intangibles declines. Goodwill was measured as the excess of the purchase consideration paid over the fair value of the net assets acquired. The $8,249 in goodwill will not be amortized, but will be written down if and when the value becomes impaired.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company incurred $341 in acquisition-related expenses, all of which are categorized under General and Administrative expenses in the Consolidated Statements of Income for the year ended December 31, 2011.&amp;nbsp;&amp;nbsp;A portion, $266, of the acquisition-related expenses was not tax deductible.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;FONT-STYLE:italic; DISPLAY:inline&quot;&gt;Pro forma Information&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Revenue for the year ended December 31, 2011 includes revenue from Femcare of $13,275. Net income from Femcare (after tax) in 2011 was $2,326.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Revenue and net income of the combined entity as though the business combination occurred as of the beginning of the reporting period is:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;38%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Year ended&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Year ended&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31, 2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Revenue&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;41,780&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:7.05pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;40,488&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;38%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Net income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,235&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:7.05pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;7,027&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Pro forma net income of $8,235 for the year ended December 31, 2011 does not include $341 in UTMD legal costs directly attributable to the acquisition, and $1,765 in Femcare expenses for employee shareholder bonuses, loan redemption premium related to termination of ownership, buy-out of warrants, financial advisory fees and an insurance premium for sellers&amp;#146; liability which are directly attributable to the acquisition.&lt;/font&gt;&lt;/div&gt;</us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock>
	<us-gaap:LongTermDebtTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 7 &amp;#150; Long-term Debt&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;In March 2011, the Company obtained a $14,000 loan from JPMorgan Chase Bank, N.A. (Chase), to help finance the purchase of Femcare. The terms and conditions of the loan require UTMD to a) repay the loan principal in equal monthly payments over 5 years, b) pay interest based on the 30-day LIBOR rate plus a margin starting at 2.80% and ranging from 2.00% to 3.75%, depending on the ratio of its funded debt to EBITDA (Leverage Ratio), c) pledge 65% of all foreign subsidiaries&amp;#146; stock, d) provide first priority liens on all domestic business assets, e) maintain its Interest Coverage Ratio at 1.15 to 1.00 or better, f) maintain its Tangible Net Worth (TNW) above a minimum threshold 20% below UTMD&amp;#146;s TNW at closing on March 18, and g) maintain its Leverage Ratio at 2.75 to 1.00 or less.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Based on UTMD&amp;#146;s financial position, the bank&amp;#146;s margin was 2.00% at December 31, 2011. The variable portion of the interest rate on $7,000 of the loan was subsequently fixed at 1.79%. The balance on this note at December 31, 2011 was $10,500.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;At the same time the Company obtained a $12,934 (&amp;#163;8,000) loan from JP Morgan Chase, London Branch, to help finance UTMD&amp;#146;s purchase of Femcare. Terms and conditions of the loan are the same as those listed above for the $14,000 U.S. loan.&amp;nbsp;&amp;nbsp;The variable portion of interest rate on the loan was subsequently fixed at 2.21%.&amp;nbsp;&amp;nbsp;The balance on this note at December 31, 2011 was $10,565 (&amp;#163;6,800).&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;In December 2005, the Company borrowed &amp;#128;4,500 ($5,336) from the Bank of Ireland to finance repatriation of profits achieved since 1996 under The American Jobs Creation Act of 2004.&amp;nbsp;&amp;nbsp;The loan term is 10-years at an interest rate of 1.10% plus the bank&amp;#146;s money market rate, which is a total of the bank&amp;#146;s cost of funds and cost of liquidity.&amp;nbsp;&amp;nbsp;The balance on the note at December 31, 2011 was $607 (&amp;#128;468).&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The following table shows estimated minimum required principal reduction of the notes during the next five years using the December 31, 2011 interest and currency exchange rates and starting with the December 31, 2011 balance of $21,673:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;16%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Year&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Payments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Interest&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Principal&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Ending &lt;/font&gt;Balance&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;16%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;16%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2012&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6,139&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; 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	<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 8 &amp;#150; Commitments and Contingencies&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Operating Leases&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company has a lease agreement for land adjoining its Utah facility for a term of forty years commencing on September 1, 1991.&amp;nbsp;&amp;nbsp;On September 1, 2001 and subsequent to each fifth lease year, the basic rental was and will be adjusted for published changes in a price index.&amp;nbsp;&amp;nbsp;The Company leases its Femcare facilities and automobiles for sales representatives in England.&amp;nbsp;&amp;nbsp;The Company leased its CMI building in Oregon until its lease expired on May 31, 2010.&amp;nbsp;&amp;nbsp;Rent expense charged to operations under these operating lease agreements was approximately $155, $62 and $114 for the years ended December&amp;nbsp;31, 2011, 2010 and 2009, respectively.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Future minimum lease payments under its lease obligations as of December 31, 2011 were as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;40%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;29%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Years ending December 31&lt;/font&gt;:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Amount&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;29%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;29%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2012&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;215&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;29%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2013&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;87&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;29%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2014&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;45&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;29%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2015&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;43&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;29%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;44&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;29%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Thereafter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;720&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;29%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;29%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total future minimum lease payments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1,154&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Purchase Obligations&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company has obligations to purchase raw materials for use in its manufacturing operations.&amp;nbsp;&amp;nbsp;The Company has the right to make changes in, among other things, purchase quantities, delivery schedules and order acceptance.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Product Liability&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Except for its Femcare subsidiary, the Company is self-insured for product liability risk. &amp;#147;Product liability&amp;#148; is an insurance industry term for the cost of legal defense and possible damages awarded as a result of use of a company&amp;#146;s product during a procedure which results in an injury of a patient.&amp;nbsp;&amp;nbsp;The Company maintains a reserve for product liability litigation and damages consistent with its previous long-term experience.&amp;nbsp;&amp;nbsp;Actual product liability litigation costs and damages during the last three reporting years have been immaterial, which is consistent with the Company&amp;#146;s overall history. Femcare product liability indemnity limit is &amp;#163;5 million each claim and in the annual aggregate.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company absorbs the costs of clinical training and trouble-shooting in its on-going operating expenses.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Warranty Reserve&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company&amp;#146;s published warranty is: &amp;#147;UTMD warrants its products to conform in all material respects to all published product specifications in effect on the date of shipment, and to be free from defects in material and workmanship for a period of thirty (30) days for supplies, or twenty-four (24) months for equipment, from date of shipment.&amp;nbsp;&amp;nbsp;During the warranty period UTMD shall, at its option, replace any products shown to UTMD&apos;s reasonable satisfaction to be defective at no expense to the Purchaser or refund the purchase price.&amp;#148;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;UTMD maintains a warranty reserve when needed to provide for estimated costs which are likely to occur. The amount of this reserve is adjusted, as required, to reflect its actual experience. Based on its analysis of historical warranty claims and its estimate that existing warranty obligations were immaterial, no warranty reserve was made at December 31, 2011.&amp;nbsp;&amp;nbsp;Femcare had an established reserve at the time of acquisition by UTMD, which was subsequently eliminated as shown in the table below. The following table summarizes changes to UTMD&amp;#146;s warranty reserve during 2011:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;48%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Beginning Balance, January 1, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;0&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;48%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Changes in Warranty Reserve during 2011:&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;48%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&amp;nbsp;Aggregate reductions for warranty repairs&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;48%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&amp;nbsp;Aggregate changes for warranties issued during reporting period&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(32)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;48%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&amp;nbsp;Aggregate changes in reserve related to preexisting warranties&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;32&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;48%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Ending Balance, December 31, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double&quot; align=&quot;right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;right&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;0&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;/font&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;justify&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Litigation&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&amp;nbsp;&amp;nbsp;Presently, there is no litigation for which the Company believes the outcome may be material to its financial results. The Company applies its accounting policy to accrue legal costs that can be reasonably estimated.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Irish Development Agency&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;In order to satisfy requirements of the Irish Development Agency in assisting the start-up of its Ireland subsidiary, the Company agreed to invest certain amounts and maintain a certain capital structure in its Ireland subsidiary.&amp;nbsp;&amp;nbsp;The effect of these financial relationships and commitments are reflected in the consolidated financial statements and do not represent any significant credit risk that would affect future liquidity.&lt;/font&gt;&lt;/div&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
	<us-gaap:IncomeTaxDisclosureTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 9 &amp;#150; Income Taxes&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Deferred tax assets (liabilities) consist of the following temporary differences:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;47%&quot; colspan=&quot;15&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;23%&quot; colspan=&quot;7&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;23%&quot; colspan=&quot;7&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Current&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Long-term&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Current&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Long-term&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;32%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;11%&quot; colspan=&quot;3&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;32%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Inventory write-downs and differences due to UNICAP&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;76&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;69&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;32%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;22&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;17&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;32%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Accrued liabilities and reserves&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;127&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;99&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;32%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Other - foreign&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;108&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(75&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(81&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Depreciation and amortization&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(9,285&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(674&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Unrealized investment gains&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;123&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;-&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;121&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;32%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Deferred income taxes, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;333&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(9,237&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;185&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;2%&quot; style=&quot;TEXT-ALIGN:right; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(634&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The components of income tax expense are as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;31%&quot; colspan=&quot;10&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Years ended December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Current&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,287&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,022&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,087&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Deferred&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(621&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;235&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,666&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,026&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,322&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Income tax expense differed from amounts computed by applying the statutory federal rate to pretax income as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;31%&quot; colspan=&quot;10&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Years ended December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Federal income tax expense at the statutory rate&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,650&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2,914&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,128&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;State income taxes&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;257&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;283&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;304&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Foreign income taxes (blended rate)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;877&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;74&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;46&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;ETI, manufacturing deduction and tax credits&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(270&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(275&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(193&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Other&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;152&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;30&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;37&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,666&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,026&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,322&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The domestic and foreign components of income before income tax expense were as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;80%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;31%&quot; colspan=&quot;10&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Years ended December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Domestic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;7,795&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;8,571&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9,200&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Foreign&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,285&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;469&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;380&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;47%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;/font&gt;&amp;nbsp;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;47%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,080&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9,041&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:4px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9,580&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
	<us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 10 &amp;#150; Options&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company has stock option plans which authorize the grant of stock options to eligible employees, directors and other individuals to purchase up to an aggregate of 1,011,759 shares of common stock, of which 228,306 are outstanding as of December 31, 2011.&amp;nbsp;&amp;nbsp;All options granted under the plans are granted at current market value at the date of grant, and may be exercised between six months and ten years following the date of grant.&amp;nbsp;&amp;nbsp;The plans are intended to advance the interest of the Company by attracting and ensuring retention of competent directors, employees and executive personnel, and to provide incentives to those individuals to devote their utmost efforts to the advancement of shareholder value.&amp;nbsp;&amp;nbsp;Changes in stock options were as follows:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&amp;nbsp;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;35%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Shares&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;5%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Granted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;67,200&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26.52 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26.75&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expired or canceled&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;24,612&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;24.00 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercised&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;21,220&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9.13 - &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;25.59&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total outstanding at December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;238,306&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15.01 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; 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&lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15.01 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline; FONT-WEIGHT:bold&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Granted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;7,700&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;28.06 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;28.06&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expired or canceled&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,243&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;17.71 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercised&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;27,230&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6.75 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;28.13&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total outstanding at December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;216,938&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9.13 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total exercisable at December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;173,178&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;9.13 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline; FONT-WEIGHT:bold&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Granted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;56,600&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;24.00 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;24.00&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expired or canceled&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6,712&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;18.00 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercised&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;16,434&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6.50 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;25.59&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total outstanding at December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;241,711&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6.75 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;35%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Total exercisable at December 31&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;167,501&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6.75 -&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;4%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;For the years ended December&amp;nbsp;31, 2011, 2010 and 2009, the Company reduced current income taxes payable and increased additional paid-in capital by $34, $38 and $14, respectively, for the income tax benefit attributable to sale by optionees of common stock received upon the exercise of stock options.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Stock-Based Compensation&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;In 2011, the Company recognized $95 in equity compensation cost, compared to $83 in 2010 and $98 in 2009.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;31%&quot; colspan=&quot;10&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Years ended December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expected dividend amount per quarter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;0.2449&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;0.2471&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;0.2466&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expected stock price volatility&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;22.8&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;22.0&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;21.6&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Risk-free interest rate&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1.19&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2.08&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;1.76&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Expected life of options&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3.6 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4.5 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4.7 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The per share weighted average fair value of options granted during 2011, 2010 and 2009 is $3.09, $3.71 and $2.62, respectively.&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;All UTMD options vest over a four-year service period.&amp;nbsp;&amp;nbsp;Expected dividend amounts were estimated based on the actual cash dividend rate at the time the options were granted and an estimate of future dividends based on past dividend rate changes as well as management&amp;#146;s expectations of future dividend rates over the expected holding period of the options.&amp;nbsp;&amp;nbsp;Expected volatility is based on UTMD&amp;#146;s historical volatility over recent periods of time and trends in that volatility, giving weight to more recent periods.&amp;nbsp;&amp;nbsp;Risk free interest rates were estimated based on actual U.S. Treasury Securities Interest rates as reported by the Federal Reserve Bank for periods of time equivalent to the holding periods estimated for the options on the dates the options were granted.&amp;nbsp;&amp;nbsp;Expected term of options were estimated based on historical holding periods for similar options previously granted by UTMD to employees and directors.&lt;/font&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&amp;nbsp;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The following table summarizes information about stock options outstanding at December 31, 2011:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;19%&quot; colspan=&quot;5&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Options Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;20%&quot; colspan=&quot;6&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Options Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Weighted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Average&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Remaining&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Weighted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Weighted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Range of&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Contractual&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Average&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Average&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercise&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Number&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Life&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercise&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Number&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercise&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Prices&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;(Years)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15.01 - 24.02&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;96,669&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4.28&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;22.11&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;81,680&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;21.76&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;25.59 - 25.59&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;45,562&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2.08&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;25.59&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;45,562&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;25.59&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;26.52 - 31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; 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TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;28.21&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;44,785&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;29.91&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;15.01 - 31.33&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;238,306&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5.15&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:4px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; 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&lt;td width=&quot;1%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;24.90&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
	<us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 11 &amp;#150; Geographic Sales Information&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company had sales in the following geographic areas:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;United States&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Europe&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Other&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;18,853&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;7,821&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;11,186&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;17,431&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,367&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,323&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;18,626&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;3,030&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;4,260&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock>
	<fil:RevenuesByProductCategory contextRef='Y11'>&lt;!--egx--&gt;&lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&lt;font style=&quot;DISPLAY:inline; TEXT-DECORATION:underline&quot;&gt;Note 12 &amp;#150; Revenues by Product Category&lt;/font&gt;&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;The Company had revenues in the following product categories:&lt;/font&gt;&lt;/div&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block&quot;&gt;&lt;br&gt;&lt;/br&gt;&lt;/div&gt; &lt;div align=&quot;center&quot;&gt; &lt;table width=&quot;60%&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Product Category&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; style=&quot;BORDER-BOTTOM:black 2px solid&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;center&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;2009&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left; PADDING-BOTTOM:2px&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt; &lt;td width=&quot;27%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp; &lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;9%&quot; colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;#cceeff&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Obstetrics&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,742&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,940&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;$&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;6,543&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr bgcolor=&quot;white&quot;&gt; &lt;td width=&quot;27%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt; &lt;div style=&quot;TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt&quot; align=&quot;left&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;Gynecology/Electrosurgery/Urology&lt;/font&gt;&lt;/div&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;19,196&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; align=&quot;left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; style=&quot;TEXT-ALIGN:left&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;8%&quot; style=&quot;TEXT-ALIGN:right&quot; valign=&quot;bottom&quot;&gt;&lt;font style=&quot;DISPLAY:inline&quot;&gt;5,888&lt;/font&gt;&lt;/td&gt; &lt;td width=&quot;1%&quot; 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			</link:roleType>
			<link:roleType roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureSubsequentEvents" id="idr_DisclosureSubsequentEvents">
				<link:definition>000230 - Disclosure - Subsequent Events</link:definition>
				<link:usedOn>link:presentationLink</link:usedOn>
				<link:usedOn>link:definitionLink</link:usedOn>
				<link:usedOn>link:calculationLink</link:usedOn>
			</link:roleType>
			<link:roleType roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureIncomeTaxes" id="idr_DisclosureIncomeTaxes">
				<link:definition>000160 - Disclosure - Income Taxes</link:definition>
				<link:usedOn>link:presentationLink</link:usedOn>
				<link:usedOn>link:definitionLink</link:usedOn>
				<link:usedOn>link:calculationLink</link:usedOn>
			</link:roleType>
		</appinfo>
	</annotation>
	<import schemaLocation='http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd' namespace='http://www.xbrl.org/2003/instance'/>
	<import schemaLocation='http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd' namespace='http://www.xbrl.org/dtr/type/numeric'/>
	<import schemaLocation='http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd' namespace='http://www.xbrl.org/dtr/type/non-numeric'/>
	<import schemaLocation='http://www.xbrl.org/2005/xbrldt-2005.xsd' namespace='http://xbrl.org/2005/xbrldt'/>
	<import schemaLocation='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd' namespace='http://fasb.org/us-gaap/2011-01-31' />
	<import schemaLocation='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd' namespace='http://xbrl.sec.gov/dei/2011-01-31' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_DocumentAndEntityInformationAbstract' abstract='true' name='DocumentAndEntityInformationAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:balance='debit' xbrli:periodType='duration' type='xbrli:monetaryItemType' id='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions' name='CommonStockReceivedAndRetiredUponExerciseOfStockOptions' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:sharesItemType' id='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' name='CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='nonnum:domainItemType' id='fil_AdditionalPaidInCapitolMember' name='AdditionalPaidInCapitolMember' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_FairValueMeasuresAndDisclosuresAbstract' abstract='true' name='FairValueMeasuresAndDisclosuresAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_DebtAbstract' abstract='true' name='DebtAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_CommitmentAndContingenciesAbstract' abstract='true' name='CommitmentAndContingenciesAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_IncomeTaxesAbstract' abstract='true' name='IncomeTaxesAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' id='fil_CompensationRelatedCostsShareBasedPaymentsAbstract' abstract='true' name='CompensationRelatedCostsShareBasedPaymentsAbstract' substitutionGroup='xbrli:item' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' abstract='true' id='fil_RevenuesByProductCategoryAbstract' substitutionGroup='xbrli:item' name='RevenuesByProductCategoryAbstract' />
	<element nillable='true' xbrli:periodType='duration' type='nonnum:textBlockItemType' id='fil_RevenuesByProductCategory' substitutionGroup='xbrli:item' name='RevenuesByProductCategory' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' abstract='true' id='fil_ProductSaleAndPurchaseCommitmentsAbstract' substitutionGroup='xbrli:item' name='ProductSaleAndPurchaseCommitmentsAbstract' />
	<element nillable='true' xbrli:periodType='duration' type='nonnum:textBlockItemType' id='fil_ProductSaleAndPurchaseCommitments' substitutionGroup='xbrli:item' name='ProductSaleAndPurchaseCommitments' />
	<element nillable='true' xbrli:periodType='duration' type='xbrli:stringItemType' abstract='true' id='fil_CompensationRelatedCostsRetirementBenefitsAbstract' substitutionGroup='xbrli:item' name='CompensationRelatedCostsRetirementBenefitsAbstract' />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>10
<FILENAME>utmd-20111231_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
<!-- Produced by EDGARsuite software, Advanced Computer Innovations, Inc., Copyright (C) 2008-2012. www.edgarsuite.com -->
<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
		xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"
		xmlns:fil="http://www.utahmed.com/20111231"
		xmlns:link="http://www.xbrl.org/2003/linkbase"
		xmlns:xlink="http://www.w3.org/1999/xlink"
		xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
		xmlns:xbrli="http://www.xbrl.org/2003/instance">
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DocumentDocumentAndEntityInformation" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DocumentDocumentAndEntityInformation"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DocumentDocumentAndEntityInformation">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEETParenthetical" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEETParenthetical"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEETParenthetical">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOME" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOME"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOME">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOMEParenthetical" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOMEParenthetical"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDSTATEMENTOFINCOMEANDCOMPREHENSIVEINCOMEParenthetical">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDCONDENSEDSTATEMENTOFCASHFLOW" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDCONDENSEDSTATEMENTOFCASHFLOW"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDCONDENSEDSTATEMENTOFCASHFLOW">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCANDSUBSIDIARIESCONSOLIDATEDCONDENSEDSTATEMENTOFSTOCKHOLDERSEQUITY" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCANDSUBSIDIARIESCONSOLIDATEDCONDENSEDSTATEMENTOFSTOCKHOLDERSEQUITY"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCANDSUBSIDIARIESCONSOLIDATEDCONDENSEDSTATEMENTOFSTOCKHOLDERSEQUITY">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingPolicies" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureAccountingPolicies"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingPolicies">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureOrganizationConsolidationAndPresentationOfFinancialStatements" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureOrganizationConsolidationAndPresentationOfFinancialStatements"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureOrganizationConsolidationAndPresentationOfFinancialStatements">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureInvestmentsDebtAndEquitySecurities" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureInvestmentsDebtAndEquitySecurities"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureInvestmentsDebtAndEquitySecurities">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureFairValueMeasuresAndDisclosures" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureFairValueMeasuresAndDisclosures"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureFairValueMeasuresAndDisclosures">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosurePropertyPlantAndEquipment" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosurePropertyPlantAndEquipment"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosurePropertyPlantAndEquipment">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureBusinessCombinations" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureBusinessCombinations"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureBusinessCombinations">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureDebt" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureDebt"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureDebt">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCommitmentAndContingencies" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCommitmentAndContingencies"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCommitmentAndContingencies">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureIncomeTaxes" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureIncomeTaxes"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureIncomeTaxes">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsShareBasedPayments" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCompensationRelatedCostsShareBasedPayments"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsShareBasedPayments">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureSegmentReporting" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureSegmentReporting"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureSegmentReporting">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureRevenuesByProductCategory" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureRevenuesByProductCategory"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureRevenuesByProductCategory">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureProductSaleAndPurchaseCommitments" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureProductSaleAndPurchaseCommitments"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureProductSaleAndPurchaseCommitments">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsRetirementBenefits" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCompensationRelatedCostsRetirementBenefits"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsRetirementBenefits">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingChangesAndErrorCorrections" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureAccountingChangesAndErrorCorrections"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingChangesAndErrorCorrections">
	</link:calculationLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureSubsequentEvents" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureSubsequentEvents"/>
	<link:calculationLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureSubsequentEvents">
	</link:calculationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>11
<FILENAME>utmd-20111231_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
<!-- Produced by EDGARsuite software, Advanced Computer Innovations, Inc., Copyright (C) 2008-2012. www.edgarsuite.com -->
<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
		xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"
		xmlns:fil="http://www.utahmed.com/20111231"
		xmlns:link="http://www.xbrl.org/2003/linkbase"
		xmlns:xlink="http://www.w3.org/1999/xlink"
		xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
		xmlns:xbrli="http://www.xbrl.org/2003/instance">
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DocumentDocumentAndEntityInformation" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DocumentDocumentAndEntityInformation"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DocumentDocumentAndEntityInformation">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_UTAHMEDICALPRODUCTSINCCONSOLIDATEDBALANCESHEET">
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementTable' xlink:label='us-gaap_StatementTable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementLineItems' xlink:label='us-gaap_StatementLineItems'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsAbstract' xlink:label='us-gaap_AssetsAbstract'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_AssetsAbstract' use='optional' order='1.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsCurrentAbstract' xlink:label='us-gaap_AssetsCurrentAbstract'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_AssetsCurrentAbstract' use='optional' order='2.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:label='us-gaap_CashAndCashEquivalentsAtCarryingValue'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_CashAndCashEquivalentsAtCarryingValue' use='optional' order='3.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisInvestments' xlink:label='us-gaap_FairValueMeasuredOnRecurringBasisInvestments'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_FairValueMeasuredOnRecurringBasisInvestments' use='optional' order='4.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsReceivableNetCurrent' xlink:label='us-gaap_AccountsReceivableNetCurrent'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_AccountsReceivableNetCurrent' use='optional' order='5.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InventoryNet' xlink:label='us-gaap_InventoryNet'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_InventoryNet' use='optional' order='6.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent' xlink:label='us-gaap_PrepaidExpenseAndOtherAssetsCurrent'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_PrepaidExpenseAndOtherAssetsCurrent' use='optional' order='7.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent' xlink:label='us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent'/>
		<link:definitionArc xlink:type='arc' xlink:arcrole='http://xbrl.org/int/dim/arcrole/domain-member' xlink:from='us-gaap_StatementLineItems' xlink:to='us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent' use='optional' order='8.0'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsCurrent' xlink:label='us-gaap_AssetsCurrent'/>
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	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureInvestmentsDebtAndEquitySecurities" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureInvestmentsDebtAndEquitySecurities"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureInvestmentsDebtAndEquitySecurities">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureFairValueMeasuresAndDisclosures" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureFairValueMeasuresAndDisclosures"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureFairValueMeasuresAndDisclosures">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosurePropertyPlantAndEquipment" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosurePropertyPlantAndEquipment"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosurePropertyPlantAndEquipment">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureBusinessCombinations" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureBusinessCombinations"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureBusinessCombinations">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureDebt" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureDebt"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureDebt">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCommitmentAndContingencies" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCommitmentAndContingencies"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCommitmentAndContingencies">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureIncomeTaxes" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureIncomeTaxes"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureIncomeTaxes">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsShareBasedPayments" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCompensationRelatedCostsShareBasedPayments"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsShareBasedPayments">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureSegmentReporting" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureSegmentReporting"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureSegmentReporting">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureRevenuesByProductCategory" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureRevenuesByProductCategory"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureRevenuesByProductCategory">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureProductSaleAndPurchaseCommitments" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureProductSaleAndPurchaseCommitments"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureProductSaleAndPurchaseCommitments">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsRetirementBenefits" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureCompensationRelatedCostsRetirementBenefits"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureCompensationRelatedCostsRetirementBenefits">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingChangesAndErrorCorrections" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureAccountingChangesAndErrorCorrections"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureAccountingChangesAndErrorCorrections">
	</link:definitionLink>
	<link:roleRef roleURI="http://www.utahmed.com/20111231/role/idr_DisclosureSubsequentEvents" xlink:type="simple" xlink:href="utmd-20111231.xsd#idr_DisclosureSubsequentEvents"/>
	<link:definitionLink xlink:type="extended" xlink:role="http://www.utahmed.com/20111231/role/idr_DisclosureSubsequentEvents">
	</link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>12
<FILENAME>utmd-20111231_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
<!-- Produced by EDGARsuite software, Advanced Computer Innovations, Inc., Copyright (C) 2008-2012. www.edgarsuite.com -->
<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
		xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"
		xmlns:fil="http://www.utahmed.com/20111231"
		xmlns:link="http://www.xbrl.org/2003/linkbase"
		xmlns:xlink="http://www.w3.org/1999/xlink"
		xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
		xmlns:xbrli="http://www.xbrl.org/2003/instance">
	<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel"/>
	<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel"/>
	<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel"/>
	<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
	<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel"/>
	<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockDividend' xlink:label='us-gaap_CommonStockDividend'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockDividend' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock dividends</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockDividend' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Common stock dividends</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockDividend' xlink:to='lab_us-gaap_CommonStockDividend'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockOptionPlanExpense' xlink:label='us-gaap_StockOptionPlanExpense'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockOptionPlanExpense' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Stock option compensation expense</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockOptionPlanExpense' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Stock option compensation expense</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockOptionPlanExpense' xlink:to='lab_us-gaap_StockOptionPlanExpense'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesCurrent' xlink:label='us-gaap_LiabilitiesCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LiabilitiesCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Total current liabilities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LiabilitiesCurrent' xlink:to='lab_us-gaap_LiabilitiesCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsCurrent' xlink:label='us-gaap_AssetsCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AssetsCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Total current assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AssetsCurrent' xlink:to='lab_us-gaap_AssetsCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract' xlink:label='us-gaap_StatementOfFinancialPositionAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementOfFinancialPositionAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement of Financial Position</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementOfFinancialPositionAbstract' xlink:role='http://www.xbrl.org/2003/role/verboseLabel' xml:lang='en-US'>Balance Sheets - Parenthetical</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementOfFinancialPositionAbstract' xlink:to='lab_us-gaap_StatementOfFinancialPositionAbstract'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_ProductSaleAndPurchaseCommitments' xlink:label='fil_ProductSaleAndPurchaseCommitments'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_ProductSaleAndPurchaseCommitments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Product Sale and Purchase Commitments {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_fil_ProductSaleAndPurchaseCommitments' xlink:role='http://www.xbrl.org/2003/role/terseLabel' xml:lang='en-US'>Product Sale and Purchase Commitments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_ProductSaleAndPurchaseCommitments' xlink:to='lab_fil_ProductSaleAndPurchaseCommitments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock' xlink:label='us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock' xlink:to='lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_CommitmentAndContingenciesAbstract' xlink:label='fil_CommitmentAndContingenciesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_CommitmentAndContingenciesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Commitment and Contingencies</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_CommitmentAndContingenciesAbstract' xlink:to='lab_fil_CommitmentAndContingenciesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementEquityComponentsAxis' xlink:label='us-gaap_StatementEquityComponentsAxis'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementEquityComponentsAxis' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement, Equity Components [Axis]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementEquityComponentsAxis' xlink:to='lab_us-gaap_StatementEquityComponentsAxis'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestPaid' xlink:label='us-gaap_InterestPaid'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_InterestPaid' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Cash paid during the period for interest</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_InterestPaid' xlink:to='lab_us-gaap_InterestPaid'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxesPaid' xlink:label='us-gaap_IncomeTaxesPaid'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeTaxesPaid' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Cash paid during the period for income taxes</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncomeTaxesPaid' xlink:to='lab_us-gaap_IncomeTaxesPaid'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract' xlink:label='us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>CASH FLOWS FROM OPERATING ACTIVITIES:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract' xlink:to='lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments' xlink:label='us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Income before provision for income taxes</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments' xlink:to='lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GrossProfit' xlink:label='us-gaap_GrossProfit'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GrossProfit' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Gross profit</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GrossProfit' xlink:to='lab_us-gaap_GrossProfit'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock' xlink:label='us-gaap_AdditionalPaidInCapitalCommonStock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AdditionalPaidInCapitalCommonStock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Additional paid-in capital</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AdditionalPaidInCapitalCommonStock' xlink:to='lab_us-gaap_AdditionalPaidInCapitalCommonStock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock' xlink:label='us-gaap_IncomeTaxDisclosureTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeTaxDisclosureTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Income Tax Disclosure [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncomeTaxDisclosureTextBlock' xlink:to='lab_us-gaap_IncomeTaxDisclosureTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_FairValueMeasuresAndDisclosuresAbstract' xlink:label='fil_FairValueMeasuresAndDisclosuresAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_FairValueMeasuresAndDisclosuresAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Fair Value Measures and Disclosures</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_FairValueMeasuresAndDisclosuresAbstract' xlink:to='lab_fil_FairValueMeasuresAndDisclosuresAbstract'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions' xlink:label='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock received and retired upon exercise of stock options</link:label>
		<link:label xlink:type='resource' xlink:label='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Common stock received and retired upon exercise of stock options</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions' xlink:to='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityTotalMember' xlink:label='us-gaap_StockholdersEquityTotalMember'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockholdersEquityTotalMember' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Stockholders&apos; Equity, Total</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockholdersEquityTotalMember' xlink:to='lab_us-gaap_StockholdersEquityTotalMember'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents' xlink:label='us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Effect of exchange rate changes on cash</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents' xlink:to='lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSaleOfLongtermInvestments' xlink:label='us-gaap_ProceedsFromSaleOfLongtermInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ProceedsFromSaleOfLongtermInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Proceeds from sale of investments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ProceedsFromSaleOfLongtermInvestments' xlink:to='lab_us-gaap_ProceedsFromSaleOfLongtermInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities' xlink:label='us-gaap_NetCashProvidedByUsedInOperatingActivities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NetCashProvidedByUsedInOperatingActivities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Net cash provided by operating activities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NetCashProvidedByUsedInOperatingActivities' xlink:to='lab_us-gaap_NetCashProvidedByUsedInOperatingActivities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Depreciation' xlink:label='us-gaap_Depreciation'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_Depreciation' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Depreciation</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_Depreciation' xlink:to='lab_us-gaap_Depreciation'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareBasic' xlink:label='us-gaap_EarningsPerShareBasic'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_EarningsPerShareBasic' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Earnings per common shares (basic)</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_EarningsPerShareBasic' xlink:to='lab_us-gaap_EarningsPerShareBasic'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingExpensesAbstract' xlink:label='us-gaap_OperatingExpensesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OperatingExpensesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Operating expense:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OperatingExpensesAbstract' xlink:to='lab_us-gaap_OperatingExpensesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CostOfGoodsSold' xlink:label='us-gaap_CostOfGoodsSold'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CostOfGoodsSold' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Cost of goods sold</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CostOfGoodsSold' xlink:to='lab_us-gaap_CostOfGoodsSold'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesIssued' xlink:label='us-gaap_PreferredStockSharesIssued'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PreferredStockSharesIssued' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Preferred Stock, Shares Issued</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PreferredStockSharesIssued' xlink:to='lab_us-gaap_PreferredStockSharesIssued'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent' xlink:label='us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Deferred income taxes - long term</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent' xlink:to='lab_us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent' xlink:label='us-gaap_OtherLiabilitiesNoncurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherLiabilitiesNoncurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other long term liabilities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherLiabilitiesNoncurrent' xlink:to='lab_us-gaap_OtherLiabilitiesNoncurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent' xlink:label='us-gaap_AccruedLiabilitiesCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccruedLiabilitiesCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accrued expenses</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccruedLiabilitiesCurrent' xlink:to='lab_us-gaap_AccruedLiabilitiesCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent' xlink:label='us-gaap_PrepaidExpenseAndOtherAssetsCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Prepaid expenses and other current assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PrepaidExpenseAndOtherAssetsCurrent' xlink:to='lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityCurrentReportingStatus' xlink:label='dei_EntityCurrentReportingStatus'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityCurrentReportingStatus' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Current Reporting Status</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityCurrentReportingStatus' xlink:to='lab_dei_EntityCurrentReportingStatus'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityPublicFloat' xlink:label='dei_EntityPublicFloat'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityPublicFloat' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Public Float</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityPublicFloat' xlink:to='lab_dei_EntityPublicFloat'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityCommonStockSharesOutstanding' xlink:label='dei_EntityCommonStockSharesOutstanding'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityCommonStockSharesOutstanding' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Common Stock, Shares Outstanding</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityCommonStockSharesOutstanding' xlink:to='lab_dei_EntityCommonStockSharesOutstanding'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityRegistrantName' xlink:label='dei_EntityRegistrantName'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityRegistrantName' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Registrant Name</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityRegistrantName' xlink:to='lab_dei_EntityRegistrantName'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingAbstract' xlink:label='us-gaap_SegmentReportingAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SegmentReportingAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Segment Reporting</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SegmentReportingAbstract' xlink:to='lab_us-gaap_SegmentReportingAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract' xlink:label='us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Investments, Debt and Equity Securities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract' xlink:to='lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember' xlink:label='us-gaap_AccumulatedOtherComprehensiveIncomeMember'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accumulated Other Comprehensive Income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccumulatedOtherComprehensiveIncomeMember' xlink:to='lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsOfDividends' xlink:label='us-gaap_PaymentsOfDividends'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsOfDividends' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Dividends paid</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsOfDividends' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Dividends paid</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PaymentsOfDividends' xlink:to='lab_us-gaap_PaymentsOfDividends'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax' xlink:label='us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Foreign currency translation tax adjustment</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax' xlink:to='lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RoyaltyIncomeNonoperating' xlink:label='us-gaap_RoyaltyIncomeNonoperating'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_RoyaltyIncomeNonoperating' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Royalty income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_RoyaltyIncomeNonoperating' xlink:to='lab_us-gaap_RoyaltyIncomeNonoperating'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquity' xlink:label='us-gaap_StockholdersEquity'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockholdersEquity' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Total stockholders&apos; equity</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockholdersEquity' xlink:role='http://www.xbrl.org/2003/role/periodStartLabel' xml:lang='en-US'>Balance, value</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockholdersEquity' xlink:role='http://www.xbrl.org/2003/role/periodEndLabel' xml:lang='en-US'>Balance, value</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockholdersEquity' xlink:to='lab_us-gaap_StockholdersEquity'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnInvestmentsTextBlock' xlink:label='us-gaap_GainLossOnInvestmentsTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnInvestmentsTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Gain (Loss) on Investments [Table Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GainLossOnInvestmentsTextBlock' xlink:to='lab_us-gaap_GainLossOnInvestmentsTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock' xlink:label='us-gaap_SignificantAccountingPoliciesTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SignificantAccountingPoliciesTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Significant Accounting Policies [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SignificantAccountingPoliciesTextBlock' xlink:to='lab_us-gaap_SignificantAccountingPoliciesTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireIntangibleAssets' xlink:label='us-gaap_PaymentsToAcquireIntangibleAssets'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireIntangibleAssets' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Capital expenditures for intangible assets</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireIntangibleAssets' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Capital expenditures for intangible assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PaymentsToAcquireIntangibleAssets' xlink:to='lab_us-gaap_PaymentsToAcquireIntangibleAssets'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment' xlink:label='us-gaap_PaymentsToAcquirePropertyPlantAndEquipment'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Capital expenditures for property and equipment</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Capital expenditures for property and equipment</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PaymentsToAcquirePropertyPlantAndEquipment' xlink:to='lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts' xlink:label='us-gaap_ProvisionForDoubtfulAccounts'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ProvisionForDoubtfulAccounts' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Provision for (recovery of) losses on accounts receivable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ProvisionForDoubtfulAccounts' xlink:to='lab_us-gaap_ProvisionForDoubtfulAccounts'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit' xlink:label='us-gaap_RetainedEarningsAccumulatedDeficit'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_RetainedEarningsAccumulatedDeficit' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Retained earnings</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_RetainedEarningsAccumulatedDeficit' xlink:to='lab_us-gaap_RetainedEarningsAccumulatedDeficit'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireInvestments' xlink:label='us-gaap_PaymentsToAcquireInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Purchases of investments</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireInvestments' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Purchases of investments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PaymentsToAcquireInvestments' xlink:to='lab_us-gaap_PaymentsToAcquireInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayable' xlink:label='us-gaap_IncreaseDecreaseInAccountsPayable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccountsPayable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounts payable {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccountsPayable' xlink:role='http://www.xbrl.org/2003/role/terseLabel' xml:lang='en-US'>Accounts payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInAccountsPayable' xlink:to='lab_us-gaap_IncreaseDecreaseInAccountsPayable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareDiluted' xlink:label='us-gaap_EarningsPerShareDiluted'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_EarningsPerShareDiluted' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Earnings per common share (diluted)</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_EarningsPerShareDiluted' xlink:to='lab_us-gaap_EarningsPerShareDiluted'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpense' xlink:label='us-gaap_InterestExpense'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_InterestExpense' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Interest expense</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_InterestExpense' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Interest expense</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_InterestExpense' xlink:to='lab_us-gaap_InterestExpense'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeStatementAbstract' xlink:label='us-gaap_IncomeStatementAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeStatementAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Income Statement</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeStatementAbstract' xlink:role='http://www.xbrl.org/2003/role/verboseLabel' xml:lang='en-US'>Income Statement - Parenthetical</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncomeStatementAbstract' xlink:to='lab_us-gaap_IncomeStatementAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InventoryNet' xlink:label='us-gaap_InventoryNet'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_InventoryNet' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Inventories</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_InventoryNet' xlink:to='lab_us-gaap_InventoryNet'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementLineItems' xlink:label='us-gaap_StatementLineItems'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementLineItems' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement [Line Items]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementLineItems' xlink:to='lab_us-gaap_StatementLineItems'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityVoluntaryFilers' xlink:label='dei_EntityVoluntaryFilers'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityVoluntaryFilers' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Voluntary Filers</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityVoluntaryFilers' xlink:to='lab_dei_EntityVoluntaryFilers'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_AmendmentFlag' xlink:label='dei_AmendmentFlag'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_AmendmentFlag' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Amendment Flag</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_AmendmentFlag' xlink:to='lab_dei_AmendmentFlag'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_RevenuesByProductCategory' xlink:label='fil_RevenuesByProductCategory'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_RevenuesByProductCategory' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Revenues by Product Category {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_fil_RevenuesByProductCategory' xlink:role='http://www.xbrl.org/2003/role/terseLabel' xml:lang='en-US'>Revenues by Product Category</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_RevenuesByProductCategory' xlink:to='lab_fil_RevenuesByProductCategory'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_DebtAbstract' xlink:label='fil_DebtAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_DebtAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Debt</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_DebtAbstract' xlink:to='lab_fil_DebtAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredRevenue' xlink:label='us-gaap_IncreaseDecreaseInDeferredRevenue'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInDeferredRevenue' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Deferred revenue</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInDeferredRevenue' xlink:to='lab_us-gaap_IncreaseDecreaseInDeferredRevenue'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract' xlink:label='us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Adjustments to reconcile net income to net cash provided by operating activities:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract' xlink:to='lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SalesRevenueNet' xlink:label='us-gaap_SalesRevenueNet'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SalesRevenueNet' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Sales, net</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SalesRevenueNet' xlink:to='lab_us-gaap_SalesRevenueNet'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity' xlink:label='us-gaap_LiabilitiesAndStockholdersEquity'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LiabilitiesAndStockholdersEquity' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>TOTAL LIABILITIES AND STOCKHOLDERS&apos; EQUITY</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LiabilitiesAndStockholdersEquity' xlink:to='lab_us-gaap_LiabilitiesAndStockholdersEquity'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NotesPayableCurrent' xlink:label='us-gaap_NotesPayableCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NotesPayableCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Current portion of notes payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NotesPayableCurrent' xlink:to='lab_us-gaap_NotesPayableCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsPayableCurrent' xlink:label='us-gaap_AccountsPayableCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccountsPayableCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounts payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccountsPayableCurrent' xlink:to='lab_us-gaap_AccountsPayableCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Goodwill' xlink:label='us-gaap_Goodwill'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_Goodwill' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Goodwill</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_Goodwill' xlink:to='lab_us-gaap_Goodwill'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsReceivableNetCurrent' xlink:label='us-gaap_AccountsReceivableNetCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccountsReceivableNetCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounts &amp; other receivables - net</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccountsReceivableNetCurrent' xlink:to='lab_us-gaap_AccountsReceivableNetCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisInvestments' xlink:label='us-gaap_FairValueMeasuredOnRecurringBasisInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FairValueMeasuredOnRecurringBasisInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Investments, available-for-sale</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_FairValueMeasuredOnRecurringBasisInvestments' xlink:to='lab_us-gaap_FairValueMeasuredOnRecurringBasisInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:label='us-gaap_CashAndCashEquivalentsAtCarryingValue'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Cash {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:role='http://www.xbrl.org/2003/role/terseLabel' xml:lang='en-US'>Cash</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:role='http://www.xbrl.org/2003/role/periodStartLabel' xml:lang='en-US'>CASH AT BEGINNING OF PERIOD</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:role='http://www.xbrl.org/2003/role/periodEndLabel' xml:lang='en-US'>CASH AT END OF PERIOD</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CashAndCashEquivalentsAtCarryingValue' xlink:to='lab_us-gaap_CashAndCashEquivalentsAtCarryingValue'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityCentralIndexKey' xlink:label='dei_EntityCentralIndexKey'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityCentralIndexKey' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Central Index Key</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityCentralIndexKey' xlink:to='lab_dei_EntityCentralIndexKey'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountingChangesAndErrorCorrectionsAbstract' xlink:label='us-gaap_AccountingChangesAndErrorCorrectionsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccountingChangesAndErrorCorrectionsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounting Changes and Error Corrections</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccountingChangesAndErrorCorrectionsAbstract' xlink:to='lab_us-gaap_AccountingChangesAndErrorCorrectionsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock' xlink:label='us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Fair Value, Assets Measured on Recurring Basis [Table Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock' xlink:to='lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease' xlink:label='us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease' xlink:to='lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired' xlink:label='us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Net cash paid in acquisition</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Net cash paid in acquisition</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired' xlink:to='lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable' xlink:label='us-gaap_IncreaseDecreaseInAccountsReceivable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccountsReceivable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounts receivable</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccountsReceivable' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Accounts receivable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInAccountsReceivable' xlink:to='lab_us-gaap_IncreaseDecreaseInAccountsReceivable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingAssetsAbstract' xlink:label='us-gaap_IncreaseDecreaseInOperatingAssetsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInOperatingAssetsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Changes in operating assets:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInOperatingAssetsAbstract' xlink:to='lab_us-gaap_IncreaseDecreaseInOperatingAssetsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProfitLoss' xlink:label='us-gaap_ProfitLoss'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ProfitLoss' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Net income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ProfitLoss' xlink:to='lab_us-gaap_ProfitLoss'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherInterestAndDividendIncome' xlink:label='us-gaap_OtherInterestAndDividendIncome'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherInterestAndDividendIncome' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Dividend and interest income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherInterestAndDividendIncome' xlink:to='lab_us-gaap_OtherInterestAndDividendIncome'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesAuthorized' xlink:label='us-gaap_CommonStockSharesAuthorized'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockSharesAuthorized' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common Stock, Shares Authorized</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockSharesAuthorized' xlink:to='lab_us-gaap_CommonStockSharesAuthorized'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare' xlink:label='us-gaap_PreferredStockParOrStatedValuePerShare'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PreferredStockParOrStatedValuePerShare' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Preferred Stock, Par Value</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PreferredStockParOrStatedValuePerShare' xlink:to='lab_us-gaap_PreferredStockParOrStatedValuePerShare'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Liabilities' xlink:label='us-gaap_Liabilities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_Liabilities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Total liabilities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_Liabilities' xlink:to='lab_us-gaap_Liabilities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet' xlink:label='us-gaap_PropertyPlantAndEquipmentNet'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PropertyPlantAndEquipmentNet' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Property and equipment - net</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PropertyPlantAndEquipmentNet' xlink:to='lab_us-gaap_PropertyPlantAndEquipmentNet'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_RevenuesByProductCategoryAbstract' xlink:label='fil_RevenuesByProductCategoryAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_RevenuesByProductCategoryAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Revenues by Product Category</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_RevenuesByProductCategoryAbstract' xlink:to='lab_fil_RevenuesByProductCategoryAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock' xlink:label='us-gaap_CommitmentsAndContingenciesDisclosureTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Commitments and Contingencies Disclosure [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommitmentsAndContingenciesDisclosureTextBlock' xlink:to='lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock' xlink:label='us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Mergers, Acquisitions and Dispositions Disclosures [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock' xlink:to='lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised' xlink:label='us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock issued upon exercise of employee stock options, shares</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised' xlink:to='lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract' xlink:label='us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>CASH FLOWS FROM FINANCING ACTIVITIES:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract' xlink:to='lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease' xlink:label='us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Foreign currency translation net of taxes of $(635), $(127) and $44</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease' xlink:to='lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermNotesPayable' xlink:label='us-gaap_LongTermNotesPayable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LongTermNotesPayable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Notes payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LongTermNotesPayable' xlink:to='lab_us-gaap_LongTermNotesPayable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityFilerCategory' xlink:label='dei_EntityFilerCategory'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityFilerCategory' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Filer Category</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityFilerCategory' xlink:to='lab_dei_EntityFilerCategory'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_CurrentFiscalYearEndDate' xlink:label='dei_CurrentFiscalYearEndDate'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_CurrentFiscalYearEndDate' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Current Fiscal Year End Date</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_CurrentFiscalYearEndDate' xlink:to='lab_dei_CurrentFiscalYearEndDate'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SupplementalBalanceSheetDisclosuresTextBlock' xlink:label='us-gaap_SupplementalBalanceSheetDisclosuresTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Supplemental Balance Sheet Disclosures [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SupplementalBalanceSheetDisclosuresTextBlock' xlink:to='lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RepaymentsOfNotesPayable' xlink:label='us-gaap_RepaymentsOfNotesPayable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_RepaymentsOfNotesPayable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Repayments of note payable</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_RepaymentsOfNotesPayable' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Repayments of note payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_RepaymentsOfNotesPayable' xlink:to='lab_us-gaap_RepaymentsOfNotesPayable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TaxBenefitFromStockOptionsExercised' xlink:label='us-gaap_TaxBenefitFromStockOptionsExercised'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_TaxBenefitFromStockOptionsExercised' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Tax benefit attributable to exercise of stock options</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_TaxBenefitFromStockOptionsExercised' xlink:to='lab_us-gaap_TaxBenefitFromStockOptionsExercised'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnSaleOfInvestments' xlink:label='us-gaap_GainLossOnSaleOfInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnSaleOfInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Capital gains and (losses) on investments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GainLossOnSaleOfInvestments' xlink:to='lab_us-gaap_GainLossOnSaleOfInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract' xlink:label='us-gaap_OtherIncomeAndExpensesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherIncomeAndExpensesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other income (expense):</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherIncomeAndExpensesAbstract' xlink:to='lab_us-gaap_OtherIncomeAndExpensesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax' xlink:label='us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accumulated other comprehensive income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax' xlink:to='lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentFiscalPeriodFocus' xlink:label='dei_DocumentFiscalPeriodFocus'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentFiscalPeriodFocus' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Fiscal Period Focus</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_DocumentFiscalPeriodFocus' xlink:to='lab_dei_DocumentFiscalPeriodFocus'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock' xlink:label='us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Property, Plant and Equipment Disclosure [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock' xlink:to='lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInInventories' xlink:label='us-gaap_IncreaseDecreaseInInventories'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInInventories' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Inventories {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInInventories' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Inventories</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInInventories' xlink:to='lab_us-gaap_IncreaseDecreaseInInventories'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensation' xlink:label='us-gaap_ShareBasedCompensation'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ShareBasedCompensation' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Stock-based compensation expense</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ShareBasedCompensation' xlink:to='lab_us-gaap_ShareBasedCompensation'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentForAmortization' xlink:label='us-gaap_AdjustmentForAmortization'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AdjustmentForAmortization' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Amortization</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AdjustmentForAmortization' xlink:to='lab_us-gaap_AdjustmentForAmortization'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ComprehensiveIncomeNoteAbstract' xlink:label='us-gaap_ComprehensiveIncomeNoteAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ComprehensiveIncomeNoteAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other comprehensive income:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ComprehensiveIncomeNoteAbstract' xlink:to='lab_us-gaap_ComprehensiveIncomeNoteAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense' xlink:label='us-gaap_GeneralAndAdministrativeExpense'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GeneralAndAdministrativeExpense' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>General and administrative</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GeneralAndAdministrativeExpense' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>General and administrative</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GeneralAndAdministrativeExpense' xlink:to='lab_us-gaap_GeneralAndAdministrativeExpense'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare' xlink:label='us-gaap_CommonStockParOrStatedValuePerShare'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockParOrStatedValuePerShare' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common Stock, Par Value</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockParOrStatedValuePerShare' xlink:to='lab_us-gaap_CommonStockParOrStatedValuePerShare'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingencies' xlink:label='us-gaap_CommitmentsAndContingencies'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommitmentsAndContingencies' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Commitments and contingencies</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommitmentsAndContingencies' xlink:to='lab_us-gaap_CommitmentsAndContingencies'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_DocumentAndEntityInformationAbstract' xlink:label='fil_DocumentAndEntityInformationAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_DocumentAndEntityInformationAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document and Entity Information</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_DocumentAndEntityInformationAbstract' xlink:to='lab_fil_DocumentAndEntityInformationAbstract'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_CompensationRelatedCostsRetirementBenefitsAbstract' xlink:label='fil_CompensationRelatedCostsRetirementBenefitsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_CompensationRelatedCostsRetirementBenefitsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Compensation Related Costs, Retirement Benefits</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_CompensationRelatedCostsRetirementBenefitsAbstract' xlink:to='lab_fil_CompensationRelatedCostsRetirementBenefitsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock' xlink:label='us-gaap_FairValueDisclosuresTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FairValueDisclosuresTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Fair Value Disclosures [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_FairValueDisclosuresTextBlock' xlink:to='lab_us-gaap_FairValueDisclosuresTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SharesIssued' xlink:label='us-gaap_SharesIssued'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SharesIssued' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Balance, shares</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SharesIssued' xlink:role='http://www.xbrl.org/2003/role/periodStartLabel' xml:lang='en-US'>Balance, shares</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SharesIssued' xlink:role='http://www.xbrl.org/2003/role/periodEndLabel' xml:lang='en-US'>Balance, shares</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SharesIssued' xlink:to='lab_us-gaap_SharesIssued'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities' xlink:label='us-gaap_NetCashProvidedByUsedInFinancingActivities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NetCashProvidedByUsedInFinancingActivities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Net cash provided by (used in) financing activities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NetCashProvidedByUsedInFinancingActivities' xlink:to='lab_us-gaap_NetCashProvidedByUsedInFinancingActivities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit' xlink:label='us-gaap_DeferredIncomeTaxExpenseBenefit'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_DeferredIncomeTaxExpenseBenefit' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Deferred income taxes</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_DeferredIncomeTaxExpenseBenefit' xlink:to='lab_us-gaap_DeferredIncomeTaxExpenseBenefit'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesAuthorized' xlink:label='us-gaap_PreferredStockSharesAuthorized'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PreferredStockSharesAuthorized' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Preferred Stock, Shares Authorized</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PreferredStockSharesAuthorized' xlink:to='lab_us-gaap_PreferredStockSharesAuthorized'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockValue' xlink:label='us-gaap_PreferredStockValue'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PreferredStockValue' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Preferred stock - $.01 par value; authorized - 5,000 shares; no shares issued or outstanding</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PreferredStockValue' xlink:to='lab_us-gaap_PreferredStockValue'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract' xlink:label='us-gaap_LiabilitiesAndStockholdersEquityAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>LIABILITIES AND STOCKHOLDERS&apos; EQUITY</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LiabilitiesAndStockholdersEquityAbstract' xlink:to='lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock' xlink:label='us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Pension and Other Postretirement Benefits Disclosure [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock' xlink:to='lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_CompensationRelatedCostsShareBasedPaymentsAbstract' xlink:label='fil_CompensationRelatedCostsShareBasedPaymentsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_CompensationRelatedCostsShareBasedPaymentsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Compensation Related Costs, Share Based Payments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_CompensationRelatedCostsShareBasedPaymentsAbstract' xlink:to='lab_fil_CompensationRelatedCostsShareBasedPaymentsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract' xlink:label='us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Organization, Consolidation and Presentation of Financial Statements</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract' xlink:to='lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised' xlink:label='us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock issued upon exercise of employee stock options</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised' xlink:to='lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromNotesPayable' xlink:label='us-gaap_ProceedsFromNotesPayable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ProceedsFromNotesPayable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Proceeds from notes payable</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ProceedsFromNotesPayable' xlink:to='lab_us-gaap_ProceedsFromNotesPayable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities' xlink:label='us-gaap_NetCashProvidedByUsedInInvestingActivities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_NetCashProvidedByUsedInInvestingActivities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Net cash provided by (used in) investing activities</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_NetCashProvidedByUsedInInvestingActivities' xlink:to='lab_us-gaap_NetCashProvidedByUsedInInvestingActivities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities' xlink:label='us-gaap_IncreaseDecreaseInOtherOperatingLiabilities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other liability</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInOtherOperatingLiabilities' xlink:to='lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityAbstract' xlink:label='us-gaap_StockholdersEquityAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockholdersEquityAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Stockholders&apos; equity:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockholdersEquityAbstract' xlink:to='lab_us-gaap_StockholdersEquityAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization' xlink:label='us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other intangible assets - accumulated amortization</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Other intangible assets - accumulated amortization</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization' xlink:to='lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross' xlink:label='us-gaap_FiniteLivedIntangibleAssetsGross'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_FiniteLivedIntangibleAssetsGross' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other intangible assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_FiniteLivedIntangibleAssetsGross' xlink:to='lab_us-gaap_FiniteLivedIntangibleAssetsGross'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent' xlink:label='us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Deferred income taxes - current</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent' xlink:to='lab_us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsAbstract' xlink:label='us-gaap_AssetsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AssetsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>ASSETS</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AssetsAbstract' xlink:to='lab_us-gaap_AssetsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtTextBlock' xlink:label='us-gaap_LongTermDebtTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LongTermDebtTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Long-term Debt [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LongTermDebtTextBlock' xlink:to='lab_us-gaap_LongTermDebtTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares' xlink:label='us-gaap_StockRepurchasedAndRetiredDuringPeriodShares'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock purchased and retired, shares</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Common stock purchased and retired, shares</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockRepurchasedAndRetiredDuringPeriodShares' xlink:to='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' xlink:label='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock received and retired upon exercise of stock options, shares</link:label>
		<link:label xlink:type='resource' xlink:label='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Common stock received and retired upon exercise of stock options, shares</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares' xlink:to='lab_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_AdditionalPaidInCapitolMember' xlink:label='fil_AdditionalPaidInCapitolMember'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_AdditionalPaidInCapitolMember' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Additional Paid-In Capitol</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_AdditionalPaidInCapitolMember' xlink:to='lab_fil_AdditionalPaidInCapitolMember'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets' xlink:label='us-gaap_GainLossOnDispositionOfAssets'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnDispositionOfAssets' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Loss on disposal of assets</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnDispositionOfAssets' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Loss on disposal of assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GainLossOnDispositionOfAssets' xlink:to='lab_us-gaap_GainLossOnDispositionOfAssets'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnInvestments' xlink:label='us-gaap_GainLossOnInvestments'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnInvestments' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Gain on investments</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_GainLossOnInvestments' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Gain on investments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_GainLossOnInvestments' xlink:to='lab_us-gaap_GainLossOnInvestments'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax' xlink:label='us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Unrealized gain (loss) on investments tax adjustment</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax' xlink:to='lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax' xlink:label='us-gaap_ComprehensiveIncomeNetOfTax'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ComprehensiveIncomeNetOfTax' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Total comprehensive income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ComprehensiveIncomeNetOfTax' xlink:to='lab_us-gaap_ComprehensiveIncomeNetOfTax'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingIncomeLoss' xlink:label='us-gaap_OperatingIncomeLoss'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OperatingIncomeLoss' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Operating income</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OperatingIncomeLoss' xlink:to='lab_us-gaap_OperatingIncomeLoss'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesOutstanding' xlink:label='us-gaap_CommonStockSharesOutstanding'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockSharesOutstanding' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common Stock, Shares Outstanding</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockSharesOutstanding' xlink:to='lab_us-gaap_CommonStockSharesOutstanding'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Assets' xlink:label='us-gaap_Assets'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_Assets' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>TOTAL ASSETS</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_Assets' xlink:to='lab_us-gaap_Assets'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementTable' xlink:label='us-gaap_StatementTable'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementTable' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement [Table]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementTable' xlink:to='lab_us-gaap_StatementTable'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentFiscalYearFocus' xlink:label='dei_DocumentFiscalYearFocus'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentFiscalYearFocus' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Fiscal Year Focus</link:label>
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		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityWellKnownSeasonedIssuer' xlink:label='dei_EntityWellKnownSeasonedIssuer'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityWellKnownSeasonedIssuer' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Well-known Seasoned Issuer</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityWellKnownSeasonedIssuer' xlink:to='lab_dei_EntityWellKnownSeasonedIssuer'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubsequentEventsAbstract' xlink:label='us-gaap_SubsequentEventsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SubsequentEventsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Subsequent Events</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SubsequentEventsAbstract' xlink:to='lab_us-gaap_SubsequentEventsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock' xlink:label='us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock' xlink:to='lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountingPoliciesAbstract' xlink:label='us-gaap_AccountingPoliciesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AccountingPoliciesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accounting Policies</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AccountingPoliciesAbstract' xlink:to='lab_us-gaap_AccountingPoliciesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract' xlink:label='us-gaap_StatementOfStockholdersEquityAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementOfStockholdersEquityAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement of Stockholders&apos; Equity</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementOfStockholdersEquityAbstract' xlink:to='lab_us-gaap_StatementOfStockholdersEquityAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract' xlink:label='us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Changes in operating liabilities:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract' xlink:to='lab_us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit' xlink:label='us-gaap_IncomeTaxExpenseBenefit'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncomeTaxExpenseBenefit' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Provision for income taxes</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncomeTaxExpenseBenefit' xlink:to='lab_us-gaap_IncomeTaxExpenseBenefit'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockValue' xlink:label='us-gaap_CommonStockValue'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockValue' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock - $.01 par value; authorized - 50,000; 3,640 shares issued in 2011, and 3,619 shares issued in 2010</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockValue' xlink:to='lab_us-gaap_CommonStockValue'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill' xlink:label='us-gaap_IntangibleAssetsNetExcludingGoodwill'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IntangibleAssetsNetExcludingGoodwill' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other intangible assets - net</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IntangibleAssetsNetExcludingGoodwill' xlink:to='lab_us-gaap_IntangibleAssetsNetExcludingGoodwill'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentType' xlink:label='dei_DocumentType'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentType' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Type</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_DocumentType' xlink:to='lab_dei_DocumentType'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_ProductSaleAndPurchaseCommitmentsAbstract' xlink:label='fil_ProductSaleAndPurchaseCommitmentsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_ProductSaleAndPurchaseCommitmentsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Product Sale and Purchase Commitments</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_ProductSaleAndPurchaseCommitmentsAbstract' xlink:to='lab_fil_ProductSaleAndPurchaseCommitmentsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock' xlink:label='us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock' xlink:to='lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock'/>
		<link:loc xlink:type='locator' xlink:href='utmd-20111231.xsd#fil_IncomeTaxesAbstract' xlink:label='fil_IncomeTaxesAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_fil_IncomeTaxesAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Income Taxes</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='fil_IncomeTaxesAbstract' xlink:to='lab_fil_IncomeTaxesAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract' xlink:label='us-gaap_PropertyPlantAndEquipmentAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PropertyPlantAndEquipmentAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Property, Plant, and Equipment</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PropertyPlantAndEquipmentAbstract' xlink:to='lab_us-gaap_PropertyPlantAndEquipmentAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation' xlink:label='us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Tax benefit attributable to appreciation of stock options</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation' xlink:to='lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedEarningsMember' xlink:label='us-gaap_RetainedEarningsMember'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_RetainedEarningsMember' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Retained Earnings</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_RetainedEarningsMember' xlink:to='lab_us-gaap_RetainedEarningsMember'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodValue' xlink:label='us-gaap_StockRepurchasedAndRetiredDuringPeriodValue'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common stock purchased and retired</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Common stock purchased and retired</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StockRepurchasedAndRetiredDuringPeriodValue' xlink:to='lab_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock' xlink:label='us-gaap_ProceedsFromIssuanceOfCommonStock'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ProceedsFromIssuanceOfCommonStock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Proceeds from issuance of common stock - options</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ProceedsFromIssuanceOfCommonStock' xlink:to='lab_us-gaap_ProceedsFromIssuanceOfCommonStock'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities' xlink:label='us-gaap_IncreaseDecreaseInAccruedLiabilities'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccruedLiabilities' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accrued expenses {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInAccruedLiabilities' xlink:role='http://www.xbrl.org/2003/role/terseLabel' xml:lang='en-US'>Accrued expenses</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInAccruedLiabilities' xlink:to='lab_us-gaap_IncreaseDecreaseInAccruedLiabilities'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets' xlink:label='us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Prepaid expenses and other current assets {1}</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Prepaid expenses and other current assets</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets' xlink:to='lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOtherReceivables' xlink:label='us-gaap_IncreaseDecreaseInOtherReceivables'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInOtherReceivables' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Accrued interest and other receivables</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_IncreaseDecreaseInOtherReceivables' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Accrued interest and other receivables</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_IncreaseDecreaseInOtherReceivables' xlink:to='lab_us-gaap_IncreaseDecreaseInOtherReceivables'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract' xlink:label='us-gaap_StatementOfCashFlowsAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_StatementOfCashFlowsAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Statement of Cash Flows</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_StatementOfCashFlowsAbstract' xlink:to='lab_us-gaap_StatementOfCashFlowsAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherOperatingIncomeExpenseNet' xlink:label='us-gaap_OtherOperatingIncomeExpenseNet'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_OtherOperatingIncomeExpenseNet' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Other, net</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_OtherOperatingIncomeExpenseNet' xlink:to='lab_us-gaap_OtherOperatingIncomeExpenseNet'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResearchAndDevelopmentExpense' xlink:label='us-gaap_ResearchAndDevelopmentExpense'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ResearchAndDevelopmentExpense' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Research and development</link:label>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_ResearchAndDevelopmentExpense' xlink:role='http://www.xbrl.org/2009/role/negatedLabel' xml:lang='en-US'>Research and development</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_ResearchAndDevelopmentExpense' xlink:to='lab_us-gaap_ResearchAndDevelopmentExpense'/>
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		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockSharesIssued' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common Stock, Shares Issued</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_CommonStockSharesIssued' xlink:to='lab_us-gaap_CommonStockSharesIssued'/>
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		<link:label xlink:type='resource' xlink:label='lab_us-gaap_PreferredStockSharesOutstanding' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Preferred Stock, Shares Outstanding</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_PreferredStockSharesOutstanding' xlink:to='lab_us-gaap_PreferredStockSharesOutstanding'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract' xlink:label='us-gaap_LiabilitiesCurrentAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_LiabilitiesCurrentAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Current liabilities:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_LiabilitiesCurrentAbstract' xlink:to='lab_us-gaap_LiabilitiesCurrentAbstract'/>
		<link:loc xlink:type='locator' xlink:href='http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsCurrentAbstract' xlink:label='us-gaap_AssetsCurrentAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_AssetsCurrentAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Current assets:</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_AssetsCurrentAbstract' xlink:to='lab_us-gaap_AssetsCurrentAbstract'/>
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		<link:label xlink:type='resource' xlink:label='lab_us-gaap_SubsequentEventsTextBlock' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Subsequent Events [Text Block]</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_SubsequentEventsTextBlock' xlink:to='lab_us-gaap_SubsequentEventsTextBlock'/>
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		<link:label xlink:type='resource' xlink:label='lab_us-gaap_CommonStockMember' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Common Stock</link:label>
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		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentPeriodEndDate' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Period End Date</link:label>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>13
<FILENAME>utmd-20111231_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Organization, Consolidation and Presentation of Financial Statements<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract', window );"><strong>Organization, Consolidation and Presentation of Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock', window );">Supplemental Balance Sheet Disclosures [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 2 &#150; Detail of Certain Balance Sheet Accounts</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="34%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="15%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="15%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" colspan="2" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accounts and other receivables:</font></div></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="15%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="15%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accounts receivable</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,584</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,968</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Income tax receivable</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">161</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">128</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accrued interest and other</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">113</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">116</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Less allowance for doubtful accounts</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(124</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(48</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,734</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,164</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Inventories:</font></div></td> <td width="58%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Finished products</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,518</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,008</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Work-in-process</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">795</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">757</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Raw materials</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,692</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,332</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,005</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,097</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" colspan="2" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Other intangible assets:</font></div></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Patents</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,017</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,913</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Non-compete agreements</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">155</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Trademarks &amp; trade names</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">11,361</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">252</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Customer relationships</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">11,109</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Regulatory approvals &amp; product certifications</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,819</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">39,461</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,165</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accumulated amortization</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(4,012</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(2,010</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">35,449</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">155</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" colspan="2" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accrued expenses:</font></div></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Income taxes payable</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,069</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">197</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Payroll and payroll taxes</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,475</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">878</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Reserve for litigation costs</font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">301</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">74</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="6%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Other</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">431</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="13%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">141</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="6%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="58%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,276</font></td> <td width="2%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="13%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,290</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
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      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SupplementalBalanceSheetDisclosuresTextBlock</nobr></td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>16
<FILENAME>Financial_Report.xls
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Accounting Policies<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SignificantAccountingPoliciesTextBlock', window );">Significant Accounting Policies [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 1 &#150; Summary of Significant Accounting Policies</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Organization</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Utah Medical Products, Inc. and its wholly owned subsidiaries, Femcare Holdings Ltd, with headquarters located in Romsey, Hampshire, England, and Utah Medical Products Ltd., which operates a manufacturing facility in Athlone, Ireland, (the Company) are in the primary business of producing specialized medical devices for the healthcare industry.&nbsp;&nbsp;The Company&#146;s broad range of products includes those used in critical care areas and the labor and delivery departments of hospitals, as well as outpatient clinics and physicians&#146; offices.&nbsp;&nbsp;Products are sold in both domestic U.S. and international markets.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Use of Estimates in the Preparation of Financial Statements</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&nbsp;&nbsp;Although actual results could differ from those estimates, management believes it has considered and disclosed all relevant information in making its estimates that materially affect reported performance and current values.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Principles of Consolidation</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The consolidated financial statements include those of the Company and its subsidiaries.&nbsp;&nbsp;All intercompany accounts and transactions have been eliminated in consolidation.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Cash and Cash Equivalents</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">For purposes of the consolidated statement of cash flows, the Company considers cash on deposit and short-term investments with original maturities of three months or less to be cash and cash equivalents.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Investments</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company classifies its investments as &#147;available for sale.&#148;&nbsp;&nbsp;Securities classified as &#147;available for sale&#148; are carried in the financial statements at fair value.&nbsp;&nbsp;Realized gains and losses, determined using the specific identification method, are included in operations; unrealized holding gains and losses are reported as a separate component of accumulated other comprehensive income.&nbsp;&nbsp;Declines in fair value below cost that are other than temporary are included in operations.&nbsp;&nbsp;As of December 31, 2011 the Company&#146;s investments are in General Electric (GE) and Citigroup (C)<font style="DISPLAY:inline">.</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Concentration of Credit Risk</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The primary concentration of credit risk consists of trade receivables.&nbsp;&nbsp;In the normal course of business, the Company provides credit terms to its customers.&nbsp;&nbsp;Accordingly, the Company performs ongoing credit evaluations of its customers and maintains allowances for possible losses which, when realized, have been within the range of management's expectations as reflected by its reserves.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company's customer base consists of hospitals, medical product distributors, physician practices and others directly related to healthcare providers, as well as other manufacturing companies.&nbsp;&nbsp;Although the Company is affected by the well-being of the global healthcare industry, management does not believe significant trade receivable credit risk exists at December&nbsp;31, 2011 except under an extreme global financial crisis.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company maintains its cash in bank deposit accounts in addition to Fidelity Investment accounts.&nbsp;&nbsp;The Company has not experienced any losses in such accounts and believes it is not exposed to a significant credit risk on cash and cash equivalent balances.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Accounts Receivable</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accounts receivable are amounts due on product sales and are unsecured.&nbsp;&nbsp;Accounts receivable are carried at their estimated collectible amounts.&nbsp;&nbsp;Credit is generally extended on a short-term basis; thus accounts receivable do not bear interest although a finance charge may be applied to such receivables that are past the due date.&nbsp;&nbsp;Accounts receivable are periodically evaluated for collectibility based on past credit history of customers.&nbsp;&nbsp;Provisions for losses on accounts receivable are determined on the basis of loss experience, known and inherent risk in the account balance and current economic conditions (see note 2).</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Inventories</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Finished products, work-in-process, raw materials and supplies inventories are stated at the lower of cost (computed on a first-in, first-out method) or market (see note 2).</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Property and Equipment</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Property and equipment are stated at cost.&nbsp;&nbsp;Depreciation and amortization are computed using the straight-line and units-of-production methods over estimated useful lives as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="40%" cellpadding="0" cellspacing="0"> <tr bgcolor="white"> <td width="30%" align="left" valign="top"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Building and improvements</font></div></td> <td width="10%" style="TEXT-ALIGN:right" valign="top"> <div style="TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">15-40 years</font></div></td></tr> <tr bgcolor="white"> <td width="30%" align="left" valign="top"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Furniture, equipment and tooling</font></div></td> <td width="10%" style="TEXT-ALIGN:right" valign="top"> <div style="TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">3-10 years</font></div></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Long-Lived Assets</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company evaluates its long-lived assets in accordance with Accounting Standards Codification (ASC) 360, &#147;Accounting for the Impairment of Long-Lived Assets.&#148;&nbsp;&nbsp;Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that their net book value may not be recoverable.&nbsp;&nbsp;When such factors and circumstances exist, the Company compares the projected undiscounted future cash flows associated with the related asset or group of assets over their estimated useful lives against their respective carrying amounts.&nbsp;&nbsp;Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets and is recorded in the period in which the determination was made.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Intangible Assets</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Costs associated with the acquisition of patents, trademarks, trade names, customer relationships, regulatory approvals &amp; product certifications, license rights and non-compete agreements are capitalized and are being amortized using the straight-line method over periods ranging from 5 to 20 years. UTMD&#146;s goodwill is tested for impairment annually, in the fourth quarter of each year, using a fair value measurement test, in accordance with ASC 350. UTMD would also perform an impairment test, between annual tests, if circumstances changed that would more than likely reduce the fair value of goodwill below its net book value.&nbsp;&nbsp;If UTMD determined that its goodwill were impaired, a second step would be completed to measure the amount of the impairment loss. UTMD does not expect its goodwill to become impaired in the foreseeable future.&nbsp;&nbsp;Estimated future amortization expense on intangible assets currently held, using 1.57 USD/GBP currency exchange rate, is about $2,505 in 2012, $2,504 in 2013, $2,500 in 2014, $2,499 in 2015 and $2,467 in 2016 (see note 2).&nbsp;&nbsp;The weighted average amortization period for intangible assets purchased in 2011 was 5 years for non-compete agreements, 11 years for patents, and 15 years for trademarks,&nbsp;&nbsp;trade name, customer relationships, regulatory approvals and product certifications.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Loans to Related Parties</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">As a general policy, the Company&nbsp;does not make loans to related entities including employees, directors, shareholders, suppliers or customers.&nbsp;UTMD was able to manage its A/R balances to achieve an average aging of 41 days from date of invoice by the end of the year, and A/R balances over 90 days from date of invoice to 4% of total A/R.&nbsp; Both of these measures are historically lower than normal.&nbsp; As an exception in 2009, the Company extended partial payment terms to an OEM&nbsp;customer that&nbsp;converted to a three-year term loan of $70 on July 1, 2010.&nbsp;&nbsp;The balance on the note was $39 at year-end 2011.&nbsp;&nbsp;The loan is secured by personal guarantees provided by the principals of the customer. UTMD believes that this was a wise use of its liquidity to build goodwill with a customer at an unusual time, which should ultimately help grow UTMD's business.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Revenue Recognition</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company recognizes revenue at the time of shipment as title generally passes to the customer at the time of shipment. Revenue recognized by UTMD is based upon documented arrangements and fixed contracts in which the selling price is fixed prior to completion of an order. Revenue from product and service sales is generally recognized at the time the product is shipped or service completed and invoiced, and collectibility is reasonably assured.&nbsp;&nbsp;There are circumstances under which revenue may be recognized when product is not shipped, which meet the criteria of SAB 104: the Company provides engineering services, for example, design and production of manufacturing tooling that may be used in subsequent UTMD manufacturing of custom components for other companies.&nbsp;&nbsp;This revenue is recognized when UTMD&#146;s service has been completed according to a fixed contractual agreement.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Income Taxes</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company accounts for income taxes under ASC 740, &#147;Accounting for Income Taxes,&#148; whereby deferred taxes are computed under the asset and liability method.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, in Utah, in the United Kingdom, in Australia and in Ireland.&nbsp;&nbsp;UTMD is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2008.&nbsp;&nbsp;In 2010, the Internal Revenue Service (IRS) examined the Company&#146;s federal income tax return for 2008 and did not propose any adjustments.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company recognizes interest accrued related to unrecognized tax benefits in interest expenses and any related penalties in income taxes.&nbsp;&nbsp;During the year ended December 31, 2009 the Company recognized $10 in interest expense related to a 2009 settlement with the IRS, compared to none in 2010 and 2011.&nbsp;&nbsp;The Company did not have any related tax penalties in any of the three years.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Legal Costs</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&nbsp;&nbsp;The Company maintains a reserve for legal costs which are probable and estimated based on previous experience.&nbsp;&nbsp;The reserve for legal costs at December 31, 2011 and 2010 was $301 and $74, respectively (see note 2).</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Earnings per Share</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The computation of basic earnings per common share is based on the weighted average number of shares outstanding during each year.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The computation of earnings per common share assuming dilution is based on the weighted average number of shares outstanding during the year plus the weighted average common stock equivalents which would arise from the exercise of stock options outstanding using the treasury stock method and the average market price per share during the year.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The shares (in thousands) used in the computation of the Company&#146;s basic and diluted earnings per share are reconciled as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Weighted average number of shares outstanding &#150; basic</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,631</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,621</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,607</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Dilutive effect of stock options</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">22</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">23</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Weighted average number of shares outstanding, assuming dilution</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,645</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,643</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,630</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Presentation of Sales and Similar Taxes</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Sales tax on revenue-producing transactions is recorded as a liability when the sale occurs.&nbsp;&nbsp;UTMD is not required to withhold sales tax on international sales, and at least 90% of domestic 2011 sales were to customers who are tax exempt or who are in jurisdictions where UTMD is not required to withhold sales tax.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Stock-Based Compensation</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">At December 31, 2011, the Company has stock-based employee compensation plans, which are described more fully in note 10.&nbsp;&nbsp;The Company accounts for stock compensation under ASC 718, <font style="FONT-STYLE:italic; DISPLAY:inline">Share-Based Payment</font>.&nbsp;&nbsp;This statement requires the Company to recognize compensation cost based on the grant date fair value of options granted to employees and directors.&nbsp;&nbsp;In 2011, the Company recognized $95 in compensation cost compared to $83 in 2010 and $98 in 2009.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Translation of Foreign Currencies</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Assets and liabilities of the Company&#146;s foreign subsidiaries are translated into U.S. dollars at the applicable exchange rates at year-end.&nbsp;&nbsp;Net gains or losses resulting from the translation of the Company&#146;s assets and liabilities are reflected as a separate component of stockholders&#146; equity.&nbsp;&nbsp;A negative translation impact on stockholders&#146; equity reflects a current relative U.S. Dollar value higher than at the point in time that assets were actually acquired in a foreign currency.&nbsp;&nbsp;A positive translation impact would result from a U.S. dollar weaker in value than at the point in time foreign assets were acquired.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Income and expense items are translated at the weighted average rate of exchange (based on when transactions actually occurred) during the year.</font></div><span></span></td>
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                <p>The entire disclosure for all significant accounting policies of the reporting entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EWIAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED BALANCE SHEET (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash</a></td>
        <td class="nump">$ 6,534<span></span></td>
        <td class="nump">$ 3,818<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasuredOnRecurringBasisInvestments', window );">Investments, available-for-sale</a></td>
        <td class="nump">64<span></span></td>
        <td class="nump">14,718<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts &amp; other receivables - net</a></td>
        <td class="nump">4,734<span></span></td>
        <td class="nump">3,164<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryNet', window );">Inventories</a></td>
        <td class="nump">5,005<span></span></td>
        <td class="nump">3,097<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseAndOtherAssetsCurrent', window );">Prepaid expenses and other current assets</a></td>
        <td class="nump">345<span></span></td>
        <td class="nump">161<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent', window );">Deferred income taxes - current</a></td>
        <td class="nump">333<span></span></td>
        <td class="nump">185<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrent', window );">Total current assets</a></td>
        <td class="nump">17,016<span></span></td>
        <td class="nump">25,142<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Property and equipment - net</a></td>
        <td class="nump">8,805<span></span></td>
        <td class="nump">8,750<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Goodwill', window );">Goodwill</a></td>
        <td class="nump">15,120<span></span></td>
        <td class="nump">7,191<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FiniteLivedIntangibleAssetsGross', window );">Other intangible assets</a></td>
        <td class="nump">39,461<span></span></td>
        <td class="nump">2,166<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization', window );">Other intangible assets - accumulated amortization</a></td>
        <td class="num">(4,012)<span></span></td>
        <td class="num">(2,011)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IntangibleAssetsNetExcludingGoodwill', window );">Other intangible assets - net</a></td>
        <td class="nump">35,449<span></span></td>
        <td class="nump">155<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">TOTAL ASSETS</a></td>
        <td class="nump">76,389<span></span></td>
        <td class="nump">41,238<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableCurrent', window );">Accounts payable</a></td>
        <td class="nump">925<span></span></td>
        <td class="nump">398<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedLiabilitiesCurrent', window );">Accrued expenses</a></td>
        <td class="nump">3,276<span></span></td>
        <td class="nump">1,290<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayableCurrent', window );">Current portion of notes payable</a></td>
        <td class="nump">5,430<span></span></td>
        <td class="nump">215<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesCurrent', window );">Total current liabilities</a></td>
        <td class="nump">9,631<span></span></td>
        <td class="nump">1,903<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermNotesPayable', window );">Notes payable</a></td>
        <td class="nump">16,242<span></span></td>
        <td class="nump">909<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssets', window );">Deferred tax liability - intangible assets</a></td>
        <td class="nump">8,549<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilitiesNoncurrent', window );">Other long term liabilities</a></td>
        <td class="nump">522<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent', window );">Deferred income taxes - long term</a></td>
        <td class="nump">688<span></span></td>
        <td class="nump">634<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
        <td class="nump">35,632<span></span></td>
        <td class="nump">3,446<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingencies', window );">Commitments and contingencies</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock - $.01 par value; authorized - 5,000 shares; no shares issued or outstanding</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock - $.01 par value; authorized - 50,000; 3,640 shares issued in 2011, and 3,619 shares issued in 2010</a></td>
        <td class="nump">36<span></span></td>
        <td class="nump">36<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax', window );">Accumulated other comprehensive income</a></td>
        <td class="num">(2,906)<span></span></td>
        <td class="num">(1,275)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapitalCommonStock', window );">Additional paid-in capital</a></td>
        <td class="nump">721<span></span></td>
        <td class="nump">107<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
        <td class="nump">42,904<span></span></td>
        <td class="nump">38,924<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total stockholders' equity</a></td>
        <td class="nump">40,757<span></span></td>
        <td class="nump">37,792<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY</a></td>
        <td class="nump">$ 76,389<span></span></td>
        <td class="nump">$ 41,238<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsPayableCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNetCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 3<br><br><br><br> -Subparagraph a(1)<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 4<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.3-4)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsReceivableNetCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedLiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccruedLiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, before tax effect. Excludes Net Income or Loss, and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency items, minimum pension liability adjustments, and unrealized gains and losses on certain investments in debt and equity securities as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 11<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e637-108580<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 14<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e681-108580<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 13<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e653-108580<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapitalCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.30(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdditionalPaidInCapitalCommonStock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Article 7<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 12<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br> -Section S99<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Publisher FASB<br><br><br><br> -Paragraph 1<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Concepts (CON)<br><br><br><br> -Number 6<br><br><br><br> -Paragraph 25<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.18)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Assets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 3<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6801-107765<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Section 45<br><br><br><br> -SubTopic 10<br><br><br><br> -Topic 210<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Paragraph 1<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 9<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.9)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7<br><br><br><br> -Footnote 1<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 8, 9<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7, 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash Equivalents<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingencies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 17<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Article 7<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 19<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),19)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 450<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6952336&amp;loc=d3e14326-108349<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 5<br><br><br><br> -Paragraph 8, 9<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.25)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommitmentsAndContingencies</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 30<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The current portion as of the balance sheet date of the aggregate carrying amount of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after the valuation allowance, if any, to reduce such amount to net realizable value.  Also includes the aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The noncurrent portion of deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. Also includes other noncurrent taxes payable by the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of the estimated future tax effects attributable to the difference between the tax basis of goodwill and intangible assets and the basis of goodwill and intangible assets computed in accordance with generally accepted accounting principles. The difference in basis, whether due to amortization or other reasons, will increase future taxable income when such difference reverses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 25<br><br><br><br> -Paragraph 20<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 43<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 11<br><br><br><br> -Subparagraph d<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 8<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasuredOnRecurringBasisInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 157<br><br><br><br> -Paragraph 32<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 820<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (a),(b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6925170&amp;loc=d3e19207-110258<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FairValueMeasuredOnRecurringBasisInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The accumulated amount of amortization of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph a(1)<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (a)(1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6905858&amp;loc=d3e16323-109275<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FiniteLivedIntangibleAssetsGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the gross carrying amounts before accumulated amortization as of the balance sheet date of all intangible assets having statutory or estimated useful lives. The aggregate gross carrying amount (including any previously recognized impairment charges) of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph a(1)<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (a)(1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6905858&amp;loc=d3e16323-109275<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FiniteLivedIntangibleAssetsGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Goodwill">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph e<br><br><br><br> -Clause 1<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 43<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 141R<br><br><br><br> -Paragraph 68<br><br><br><br> -Subparagraph l<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph e<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 141R<br><br><br><br> -Paragraph 34<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6905597&amp;loc=d3e13816-109267<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13770-109266<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 141R<br><br><br><br> -Paragraph 72<br><br><br><br> -Subparagraph d<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Goodwill</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IntangibleAssetsNetExcludingGoodwill">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 142<br><br><br><br> -Paragraph 42, 45<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph ((a)(1),(b))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6905858&amp;loc=d3e16323-109275<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 350<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388964&amp;loc=d3e16212-109274<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IntangibleAssetsNetExcludingGoodwill</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.6(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 330<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 35<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386567&amp;loc=d3e3927-108312<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19-26)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Liabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 32<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.32)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Article 7<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 25<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAndStockholdersEquity</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 21<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.21)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermNotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 22<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.22)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LongTermNotesPayable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayableCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19, 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19,20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NotesPayableCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 24<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.24)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherLiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 129<br><br><br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.3-04)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 10<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.28)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Article 5<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrepaidExpenseAndOtherAssetsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 8<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 43<br><br><br><br> -Section A<br><br><br><br> -Paragraph 4<br><br><br><br> -Chapter 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Section 45<br><br><br><br> -SubTopic 10<br><br><br><br> -Topic 210<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Paragraph 1<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PrepaidExpenseAndOtherAssetsCurrent</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Article 7<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 8<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 13<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph b, c<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentNet</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td>instant</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.31(a)(3))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 10<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td>credit</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29-31)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A3<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29, 30, 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 4<br><br><br><br> -Section E<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SAB TOPIC 4.E)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquity</nobr></td>
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                    <td>us-gaap_</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EKHBG">
      <tr>
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          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
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      <tr>
        <th class="th">
          <div>Dec. 31, 2011</div>
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        <th class="th">
          <div>Dec. 31, 2010</div>
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        <th class="th">
          <div>Dec. 31, 2009</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
        <td class="nump">$ 7,414<span></span></td>
        <td class="nump">$ 6,014<span></span></td>
        <td class="nump">$ 6,258<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation</a></td>
        <td class="nump">707<span></span></td>
        <td class="nump">563<span></span></td>
        <td class="nump">555<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentForAmortization', window );">Amortization</a></td>
        <td class="nump">2,066<span></span></td>
        <td class="nump">44<span></span></td>
        <td class="nump">34<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnInvestments', window );">Gain on investments</a></td>
        <td class="num">(6)<span></span></td>
        <td class="num">(38)<span></span></td>
        <td class="num">(212)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvisionForDoubtfulAccounts', window );">Provision for (recovery of) losses on accounts receivable</a></td>
        <td class="nump">77<span></span></td>
        <td class="nump">6<span></span></td>
        <td class="nump">7<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDispositionOfAssets', window );">Loss on disposal of assets</a></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">1<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income taxes</a></td>
        <td class="num">(549)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">230<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Stock-based compensation expense</a></td>
        <td class="nump">95<span></span></td>
        <td class="nump">83<span></span></td>
        <td class="nump">98<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivable', window );">Accounts receivable</a></td>
        <td class="nump">502<span></span></td>
        <td class="nump">110<span></span></td>
        <td class="nump">290<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherReceivables', window );">Accrued interest and other receivables</a></td>
        <td class="num">(31)<span></span></td>
        <td class="num">(165)<span></span></td>
        <td class="nump">69<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInInventories', window );">Inventories</a></td>
        <td class="num">(624)<span></span></td>
        <td class="nump">286<span></span></td>
        <td class="num">(83)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets', window );">Prepaid expenses and other current assets</a></td>
        <td class="nump">529<span></span></td>
        <td class="nump">58<span></span></td>
        <td class="num">(10)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsPayable', window );">Accounts payable</a></td>
        <td class="num">(1,213)<span></span></td>
        <td class="nump">52<span></span></td>
        <td class="num">(73)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedLiabilities', window );">Accrued expenses</a></td>
        <td class="nump">2,158<span></span></td>
        <td class="nump">143<span></span></td>
        <td class="nump">63<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredRevenue', window );">Deferred revenue</a></td>
        <td class="num">(66)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities', window );">Other liability</a></td>
        <td class="nump">307<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
        <td class="nump">11,365<span></span></td>
        <td class="nump">7,157<span></span></td>
        <td class="nump">7,226<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Capital expenditures for property and equipment</a></td>
        <td class="num">(247)<span></span></td>
        <td class="num">(1,532)<span></span></td>
        <td class="num">(466)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireIntangibleAssets', window );">Capital expenditures for intangible assets</a></td>
        <td class="num">(10)<span></span></td>
        <td class="num">(2)<span></span></td>
        <td class="num">(8)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireInvestments', window );">Purchases of investments</a></td>
        <td class="num">(500)<span></span></td>
        <td class="num">(1,600)<span></span></td>
        <td class="num">(3,800)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfLongtermInvestments', window );">Proceeds from sale of investments</a></td>
        <td class="nump">15,155<span></span></td>
        <td class="nump">5,839<span></span></td>
        <td class="nump">1,116<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired', window );">Net cash paid in acquisition</a></td>
        <td class="num">(41,084)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash provided by (used in) investing activities</a></td>
        <td class="num">(26,685)<span></span></td>
        <td class="nump">2,705<span></span></td>
        <td class="num">(3,158)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfCommonStock', window );">Proceeds from issuance of common stock - options</a></td>
        <td class="nump">485<span></span></td>
        <td class="nump">425<span></span></td>
        <td class="nump">132<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue', window );">Common stock purchased and retired</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(439)<span></span></td>
        <td class="num">(116)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TaxBenefitFromStockOptionsExercised', window );">Tax benefit attributable to exercise of stock options</a></td>
        <td class="nump">34<span></span></td>
        <td class="nump">38<span></span></td>
        <td class="nump">14<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromNotesPayable', window );">Proceeds from notes payable</a></td>
        <td class="nump">26,934<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfNotesPayable', window );">Repayments of note payable</a></td>
        <td class="num">(5,942)<span></span></td>
        <td class="num">(413)<span></span></td>
        <td class="num">(463)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsOfDividends', window );">Dividends paid</a></td>
        <td class="num">(3,433)<span></span></td>
        <td class="num">(6,030)<span></span></td>
        <td class="num">(3,337)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash provided by (used in) financing activities</a></td>
        <td class="nump">18,078<span></span></td>
        <td class="num">(6,419)<span></span></td>
        <td class="num">(3,770)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash</a></td>
        <td class="num">(41)<span></span></td>
        <td class="num">(35)<span></span></td>
        <td class="nump">15<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS</a></td>
        <td class="nump">2,717<span></span></td>
        <td class="nump">3,408<span></span></td>
        <td class="nump">313<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">CASH AT BEGINNING OF PERIOD</a></td>
        <td class="nump">3,818<span></span></td>
        <td class="nump">410<span></span></td>
        <td class="nump">97<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">CASH AT END OF PERIOD</a></td>
        <td class="nump">6,534<span></span></td>
        <td class="nump">3,818<span></span></td>
        <td class="nump">410<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaid', window );">Cash paid during the period for income taxes</a></td>
        <td class="nump">2,685<span></span></td>
        <td class="nump">2,810<span></span></td>
        <td class="nump">3,075<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaid', window );">Cash paid during the period for interest</a></td>
        <td class="nump">$ 859<span></span></td>
        <td class="nump">$ 25<span></span></td>
        <td class="nump">$ 51<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentForAmortization">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdjustmentForAmortization</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7<br><br> -Footnote 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 8, 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Depreciation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Depreciation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The effect of exchange rate changes on cash balances held in foreign currencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDispositionOfAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2941-110230<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GainLossOnDispositionOfAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.7(c),9(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (c)-(e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27357-111563<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 13, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 7<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27405-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GainLossOnInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 27<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxesPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsPayable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsReceivable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccruedLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInDeferredRevenue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInInventories">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInInventories</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOtherOperatingLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherReceivables">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in other amounts due to the reporting entity, which are not otherwise defined in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOtherReceivables</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or  income taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid for interest during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from financing activity for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInFinancingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from investing activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInInvestingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInOperatingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsOfDividends">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow from the entity's earnings to the shareholders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsOfDividends</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15, 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireIntangibleAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 17<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireIntangibleAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the purchase of all investments (debt, security, other) during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15, 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 17<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from the additional capital contribution to the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3255-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 19<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromIssuanceOfCommonStock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromNotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from a borrowing supported by a written promise to pay an obligation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3255-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 19<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromNotesPayable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfLongtermInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from sales of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, beyond the current operating cycle.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromSaleOfLongtermInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591551-111686<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921930&amp;loc=SL4573702-111684<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591552-111686<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921628&amp;loc=SL4569616-111683<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for a borrowing supported by a written promise to pay an obligation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                <p>Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                <p>Reductions in the entity's income taxes that arise when compensation cost (from non-qualified stock options) recognized on the entity's tax return exceeds compensation cost from non-qualified stock options recognized on the income statement. This element increases net cash provided by operating activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A132<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6576910&amp;loc=d3e11374-113907<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Accounting Changes and Error Corrections<br></strong></div>
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          <div>Dec. 31, 2011</div>
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 16 &#150; Recent Accounting Pronouncements</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company&#146;s management has evaluated the recently issued accounting pronouncements through the filing date&nbsp;of these financial statements and has determined that the application of these pronouncements will not have a material impact on the Company&#146;s financial position and results of operations.</font></div><span></span></td>
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                <p>Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6372559&amp;loc=d3e765-108305<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Accounting Change<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6503790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22583-107794<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 28<br><br> -Paragraph 23, 24<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.10-01.(b)(6))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6958853&amp;loc=d3e46468-122699<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6372559&amp;loc=d3e725-108305<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 01<br><br> -Paragraph b<br><br> -Subparagraph 6<br><br> -Article 10<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Direct Effects of a Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510796<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 154<br><br> -Paragraph 2, 17, 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507316<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Retrospective Application<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6523989<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22580-107794<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22499-107794<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Indirect Effects of a Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515603<br><br><br><br></p>
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          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)<br>In Thousands</strong></div>
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        <td class="nump">3,612<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised', window );">Common stock issued upon exercise of employee stock options</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">497<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">497<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Common stock issued upon exercise of employee stock options, shares</a></td>
        <td class="nump">27<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions', window );">Common stock received and retired upon exercise of stock options</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(73)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(73)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares', window );">Common stock received and retired upon exercise of stock options, shares</a></td>
        <td class="num">(3)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation', window );">Tax benefit attributable to appreciation of stock options</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">38<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">38<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockOptionPlanExpense', window );">Stock option compensation expense</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">83<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">83<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue', window );">Common stock purchased and retired</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(439)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(439)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares', window );">Common stock purchased and retired, shares</a></td>
        <td class="num">(18)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease', window );">Foreign currency translation adjustment</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(326)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(326)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Unrealized holding gain from investments, available-for-sale, net of taxes</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">45<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">45<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockDividend', window );">Common stock dividends</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(6,030)<span></span></td>
        <td class="num">(6,030)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">6,014<span></span></td>
        <td class="nump">6,014<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Balance, value at Dec. 31, 2010</a></td>
        <td class="nump">36<span></span></td>
        <td class="nump">107<span></span></td>
        <td class="num">(1,275)<span></span></td>
        <td class="nump">38,924<span></span></td>
        <td class="nump">37,792<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Balance, shares at Dec. 31, 2010</a></td>
        <td class="nump">3,619<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised', window );">Common stock issued upon exercise of employee stock options</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">485<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">485<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Common stock issued upon exercise of employee stock options, shares</a></td>
        <td class="nump">21<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation', window );">Tax benefit attributable to appreciation of stock options</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">34<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">34<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockOptionPlanExpense', window );">Stock option compensation expense</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">95<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">95<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease', window );">Foreign currency translation adjustment</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(1,628)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(1,628)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Unrealized holding gain from investments, available-for-sale, net of taxes</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(3)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(3)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockDividend', window );">Common stock dividends</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(3,433)<span></span></td>
        <td class="num">(3,433)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">7,414<span></span></td>
        <td class="nump">7,414<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Balance, value at Dec. 31, 2011</a></td>
        <td class="nump">$ 36<span></span></td>
        <td class="nump">$ 721<span></span></td>
        <td class="num">$ (2,906)<span></span></td>
        <td class="nump">$ 42,904<span></span></td>
        <td class="nump">$ 40,757<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Balance, shares at Dec. 31, 2011</a></td>
        <td class="nump">3,640<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptions</nobr></td>
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                    <td>fil_</td>
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                    <td>xbrli:monetaryItemType</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>fil_CommonStockReceivedAndRetiredUponExerciseOfStockOptionsShares</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>fil_</td>
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                    <td>na</td>
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                    <td>duration</td>
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            </div>
          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax benefit associated with any equity-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 740<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6419406&amp;loc=d3e23524-113945<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 62<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total dividends declared during the period for each class of common stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockDividend</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>debit</td>
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          </td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Pre tax adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains (losses). Includes gain (loss) on foreign currency forward exchange contracts. Includes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. Includes the gain (loss) on a derivative instrument or nonderivative financial instrument that may give rise to a foreign currency transaction gain (loss) that has been designated and qualified as a hedging instrument for hedging of the foreign currency exposure of a net investment in a foreign operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 35<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6939497&amp;loc=d3e30304-110892<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 14, 17, 19, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 133<br><br> -Paragraph 45<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (b),(d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e637-108580<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 13, 20, 31<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 2<br><br> -Subparagraph (a)-(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920433&amp;loc=d3e998-108581<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain (loss), net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain (loss) at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains (losses) realized upon the sale of securities, after tax; and (3) the unrealized gains (losses) realized upon the write-down of securities, after tax.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e653-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 2<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920433&amp;loc=d3e998-108581<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 17, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591551-111686<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921930&amp;loc=SL4573702-111684<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591552-111686<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921628&amp;loc=SL4569616-111683<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProfitLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharesIssued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A3<br><br> -Appendix A<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section E<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 4.E)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquity</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value stock issued during the period as a result of the exercise of stock options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockOptionPlanExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 64<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph i<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockOptionPlanExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares that have been repurchased and retired during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockRepurchasedAndRetiredDuringPeriodShares</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedAndRetiredDuringPeriodValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockRepurchasedAndRetiredDuringPeriodValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E1LAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)<br>In Thousands, except Per Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred Stock, Par Value</a></td>
        <td class="nump">$ 0.01<span></span></td>
        <td class="nump">$ 0.01<span></span></td>
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        <td class="nump">5,000<span></span></td>
        <td class="nump">5,000<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred Stock, Shares Issued</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred Stock, Shares Outstanding</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common Stock, Par Value</a></td>
        <td class="nump">$ 0.01<span></span></td>
        <td class="nump">$ 0.01<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common Stock, Shares Authorized</a></td>
        <td class="nump">50,000<span></span></td>
        <td class="nump">50,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common Stock, Shares Issued</a></td>
        <td class="nump">3,640<span></span></td>
        <td class="nump">3,619<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Common Stock, Shares Outstanding</a></td>
        <td class="nump">3,640<span></span></td>
        <td class="nump">3,619<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockParOrStatedValuePerShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesAuthorized</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesIssued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesOutstanding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 02<br><br> -Paragraph 29<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockParOrStatedValuePerShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 02<br><br> -Paragraph 29<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockSharesAuthorized</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 02<br><br> -Paragraph 29<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockSharesIssued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 02<br><br> -Paragraph 29<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockSharesOutstanding</nobr></td>
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                    <td>xbrli:sharesItemType</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Compensation Related Costs, Share Based Payments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
        <th class="th">
          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_CompensationRelatedCostsShareBasedPaymentsAbstract', window );"><strong>Compensation Related Costs, Share Based Payments</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock', window );">Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 10 &#150; Options</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has stock option plans which authorize the grant of stock options to eligible employees, directors and other individuals to purchase up to an aggregate of 1,011,759 shares of common stock, of which 228,306 are outstanding as of December 31, 2011.&nbsp;&nbsp;All options granted under the plans are granted at current market value at the date of grant, and may be exercised between six months and ten years following the date of grant.&nbsp;&nbsp;The plans are intended to advance the interest of the Company by attracting and ensuring retention of competent directors, employees and executive personnel, and to provide incentives to those individuals to devote their utmost efforts to the advancement of shareholder value.&nbsp;&nbsp;Changes in stock options were as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="35%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Shares</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="12%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline"><font style="DISPLAY:inline">Price Range </font>Per Share</font></div></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline; FONT-WEIGHT:bold">2011</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="5%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="5%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Granted</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">67,200</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26.52 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26.75</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expired or canceled</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">24,612</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">24.00 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Exercised</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">21,220</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9.13 - </font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.59</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total outstanding at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">238,306</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">15.01 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total exercisable at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">172,027</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">15.01 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline; FONT-WEIGHT:bold">2010</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Granted</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7,700</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">28.06 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">28.06</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expired or canceled</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,243</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">17.71 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Exercised</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">27,230</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6.75 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">28.13</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total outstanding at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">216,938</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9.13 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total exercisable at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">173,178</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9.13 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline; FONT-WEIGHT:bold">2009</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Granted</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">56,600</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">24.00 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">24.00</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expired or canceled</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,712</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">18.00 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Exercised</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">16,434</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6.50 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.59</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total outstanding at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">241,711</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6.75 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="35%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total exercisable at December 31</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">167,501</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6.75 -</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="4%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31.33</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">For the years ended December&nbsp;31, 2011, 2010 and 2009, the Company reduced current income taxes payable and increased additional paid-in capital by $34, $38 and $14, respectively, for the income tax benefit attributable to sale by optionees of common stock received upon the exercise of stock options.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Stock-Based Compensation</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">In 2011, the Company recognized $95 in equity compensation cost, compared to $83 in 2010 and $98 in 2009.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="27%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="31%" colspan="10" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Years ended December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expected dividend amount per quarter</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">0.2449</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">0.2471</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">0.2466</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expected stock price volatility</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">22.8</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">22.0</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">21.6</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Risk-free interest rate</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1.19</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2.08</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1.76</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">%</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Expected life of options</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="TEXT-ALIGN:right" valign="bottom"> <div style="TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">3.6 years</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="TEXT-ALIGN:right" valign="bottom"> <div style="TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">4.5 years</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="TEXT-ALIGN:right" valign="bottom"> <div style="TEXT-ALIGN:right; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">4.7 years</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The per share weighted average fair value of options granted during 2011, 2010 and 2009 is $3.09, $3.71 and $2.62, respectively.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">All UTMD options vest over a four-year service period.&nbsp;&nbsp;Expected dividend amounts were estimated based on the actual cash dividend rate at the time the options were granted and an estimate of future dividends based on past dividend rate changes as well as management&#146;s expectations of future dividend rates over the expected holding period of the options.&nbsp;&nbsp;Expected volatility is based on UTMD&#146;s historical volatility over recent periods of time and trends in that volatility, giving weight to more recent periods.&nbsp;&nbsp;Risk free interest rates were estimated based on actual U.S. Treasury Securities Interest rates as reported by the Federal Reserve Bank for periods of time equivalent to the holding periods estimated for the options on the dates the options were granted.&nbsp;&nbsp;Expected term of options were estimated based on historical holding periods for similar options previously granted by UTMD to employees and directors.</font><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br>&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The following table summarizes information about stock options outstanding at December 31, 2011:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="9%" colspan="2" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="19%" colspan="5" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Options Outstanding</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="20%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Options Exercisable</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Weighted</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Average</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Remaining</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Weighted</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Weighted</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Range of</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Contractual</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Average</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Average</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Exercise</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Number</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Life</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Exercise</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Number</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Exercise</font></div></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Prices</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Outstanding</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">(Years)</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Price</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Exercisable</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Price</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">15.01 - 24.02</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">96,669</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4.28</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">22.11</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">81,680</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">21.76</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.59 - 25.59</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">45,562</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2.08</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.59</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">45,562</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.59</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26.52 - 31.33</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">96,057</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7.48</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">28.21</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">44,785</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">29.91</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">15.01 - 31.33</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">238,306</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5.15</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">25.23</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">172,027</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">24.90</font></td></tr></table></div><span></span></td>
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                <p>The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5444-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 93-6<br><br> -Paragraph 53<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 14<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 64, 65, A240<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6418621&amp;loc=d3e17540-113929<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6406099&amp;loc=d3e25284-112666<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EVRAE">
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        <td class="text">UTAH MEDICAL PRODUCTS INC<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
        <td class="text">10-K<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
        <td class="text">Dec. 31,
         2011<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
        <td class="text">false<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
        <td class="text">0000706698<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
        <td class="text">--12-31<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">3,656,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityPublicFloat', window );">Entity Public Float</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">$ 84,440,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
        <td class="text">Accelerated Filer<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
        <td class="text">Yes<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
        <td class="text">No<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
        <td class="text">No<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
        <td class="text">2011<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
        <td class="text">FY<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>If the value is true, then the document as an amendment to previously-filed/accepted document.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_AmendmentFlag</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:booleanItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>End date of current fiscal year in the format --MM-DD.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_CurrentFiscalYearEndDate</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:gMonthDayItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_DocumentFiscalPeriodFocus</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:fiscalPeriodItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_DocumentFiscalYearFocus</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:gYearItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_DocumentPeriodEndDate</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:dateItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_DocumentType</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:submissionTypeItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_EntityCentralIndexKey</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:centralIndexKeyItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_EntityCommonStockSharesOutstanding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_EntityCurrentReportingStatus</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:yesNoItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_EntityFilerCategory</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:filerCategoryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityPublicFloat">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
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                <p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p>
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                <p>Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Segment Reporting<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
        <th class="th">
          <div>Dec. 31, 2011</div>
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        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock', window );">Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 11 &#150; Geographic Sales Information</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company had sales in the following geographic areas:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="27%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">United States</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Europe</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Other</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">18,853</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7,821</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">11,186</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">17,431</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,367</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,323</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">18,626</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,030</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,260</font></td></tr></table></div><span></span></td>
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                <p>Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 131<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 41<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e9038-108599<br><br><br><br></p>
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end

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<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EPAAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME (USD $)<br>In Thousands, except Per Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2009</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueNet', window );">Sales, net</a></td>
        <td class="nump">$ 37,860<span></span></td>
        <td class="nump">$ 25,121<span></span></td>
        <td class="nump">$ 25,916<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfGoodsSold', window );">Cost of goods sold</a></td>
        <td class="nump">15,460<span></span></td>
        <td class="nump">11,911<span></span></td>
        <td class="nump">12,127<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GrossProfit', window );">Gross profit</a></td>
        <td class="nump">22,400<span></span></td>
        <td class="nump">13,209<span></span></td>
        <td class="nump">13,789<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingAndMarketingExpense', window );">Sales and marketing</a></td>
        <td class="num">(2,815)<span></span></td>
        <td class="num">(1,537)<span></span></td>
        <td class="num">(1,584)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ResearchAndDevelopmentExpense', window );">Research and development</a></td>
        <td class="num">(518)<span></span></td>
        <td class="num">(397)<span></span></td>
        <td class="num">(361)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
        <td class="num">(7,225)<span></span></td>
        <td class="num">(2,354)<span></span></td>
        <td class="num">(2,412)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Operating income</a></td>
        <td class="nump">11,842<span></span></td>
        <td class="nump">8,922<span></span></td>
        <td class="nump">9,432<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInterestAndDividendIncome', window );">Dividend and interest income</a></td>
        <td class="nump">16<span></span></td>
        <td class="nump">48<span></span></td>
        <td class="nump">206<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfInvestments', window );">Capital gains and (losses) on investments</a></td>
        <td class="nump">1<span></span></td>
        <td class="num">(9)<span></span></td>
        <td class="nump">6<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RoyaltyIncomeNonoperating', window );">Royalty income</a></td>
        <td class="nump">71<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
        <td class="num">(859)<span></span></td>
        <td class="num">(25)<span></span></td>
        <td class="num">(51)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherOperatingIncomeExpenseNet', window );">Other, net</a></td>
        <td class="nump">10<span></span></td>
        <td class="nump">104<span></span></td>
        <td class="num">(14)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments', window );">Income before provision for income taxes</a></td>
        <td class="nump">11,080<span></span></td>
        <td class="nump">9,041<span></span></td>
        <td class="nump">9,580<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision for income taxes</a></td>
        <td class="nump">3,666<span></span></td>
        <td class="nump">3,026<span></span></td>
        <td class="nump">3,322<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
        <td class="nump">7,414<span></span></td>
        <td class="nump">6,014<span></span></td>
        <td class="nump">6,258<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Earnings per common shares (basic)</a></td>
        <td class="nump">$ 2.04<span></span></td>
        <td class="nump">$ 1.66<span></span></td>
        <td class="nump">$ 1.73<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Earnings per common share (diluted)</a></td>
        <td class="nump">$ 2.03<span></span></td>
        <td class="nump">$ 1.65<span></span></td>
        <td class="nump">$ 1.72<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease', window );">Foreign currency translation net of taxes of $(635), $(127) and $44</a></td>
        <td class="num">(993)<span></span></td>
        <td class="num">(199)<span></span></td>
        <td class="nump">68<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Unrealized gain (loss) on investments net of taxes of $(2), $29 and $10</a></td>
        <td class="num">(3)<span></span></td>
        <td class="nump">45<span></span></td>
        <td class="nump">15<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Total comprehensive income</a></td>
        <td class="nump">$ 6,418<span></span></td>
        <td class="nump">$ 5,860<span></span></td>
        <td class="nump">$ 6,341<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e540-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A5<br><br> -Appendix A<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 8, 9, 10, 11, 12, 13, 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6508144<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e557-108580<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ComprehensiveIncomeNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfGoodsSold">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total costs related to goods produced and sold during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 2<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfGoodsSold</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945512&amp;loc=d3e4984-109258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 20<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 7<br><br> -Paragraph 18<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.23)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 36, 37, 38<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920599&amp;loc=d3e1252-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareBasic</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 11, 12, 36<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 20<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920599&amp;loc=d3e1252-109256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 7<br><br> -Paragraph 18<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareDiluted</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GainLossOnSaleOfInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralAndAdministrativeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GeneralAndAdministrativeExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GrossProfit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1,2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GrossProfit</nobr></td>
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                  <tr>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 4<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 1(i)<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph a, b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cost of borrowed funds accounted for as interest that was charged against earnings during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 9<br><br> -Article 9<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher OTS<br><br> -Name Federal Regulation (FR)<br><br> -Number Title 12<br><br> -Chapter V<br><br> -Section 563c.102<br><br> -Paragraph 9<br><br> -Subsection II<br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestExpense</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net result for the period of deducting operating expenses from operating revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OperatingIncomeLoss</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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              </div>
            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity, net of tax.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920433&amp;loc=d3e998-108581<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 14, 17, 19, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 13, 20, 31<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain (loss), net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain (loss) at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains (losses) realized upon the sale of securities, after tax; and (3) the unrealized gains (losses) realized upon the write-down of securities, after tax.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e653-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 2<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920433&amp;loc=d3e998-108581<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 17, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Includes all other interest income, net of discount accretion and premium amortization, and dividend income. It may include dividend income from equity securities that do not have readily determinable fair values that are reportable in Other Assets, and interest income on interest-only strips receivable (not in the form of a security) that are included in Other Assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591551-111686<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921930&amp;loc=SL4573702-111684<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6922042&amp;loc=SL4591552-111686<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6921628&amp;loc=SL4569616-111683<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProfitLoss</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td>duration</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 985<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6501960&amp;loc=d3e128462-111756<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 730<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6420194&amp;loc=d3e21568-108373<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph g<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 2<br><br> -Paragraph 12, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 86<br><br> -Paragraph 11, 12<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ResearchAndDevelopmentExpense</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Ancillary revenue earned during the period from the consideration paid to the entity for the use of its rights and property by another party. Examples include licensing the use of copyrighted materials and leasing the extraction of natural resources.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 5<br><br> -Section 03<br><br> -Paragraph 1<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate total amount of expenses directly related to the marketing or selling of products or services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Property, Plant, and Equipment<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2011</div>
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 5 &#150; Property and Equipment</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Property and equipment consists of the following:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="20%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Land</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,372</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,381</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Buildings and improvements</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">10,309</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">10,369</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Furniture, equipment and tooling</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,983</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,364</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Construction-in-progress</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">179</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">65</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26,843</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26,179</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accumulated depreciation and amortization</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(18,038</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(17,429</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="white"> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">8,805</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">8,750</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Included in the Company&#146;s consolidated balance sheet are the assets of its manufacturing and administrative facilities in Utah, England and Ireland.&nbsp;&nbsp;Property and equipment, by location, are as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="16%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="42%" colspan="14" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31, 2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="16%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Utah</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">England</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Ireland</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="16%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Land</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">926</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">446</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,372</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Building and improvements</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,589</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,720</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">10,309</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Furniture, equipment and tooling</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">13,456</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">600</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">927</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,983</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Construction-in-progress</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">168</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">11</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">179</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">20,139</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">600</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,104</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26,843</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accumulated depreciation</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(15,582</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(101</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(2,355</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(18,038</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="white"> <td width="16%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Property and equipment, net</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,557</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">500</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,748</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">8,805</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="27%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="31%" colspan="10" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31, 2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Utah</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Ireland</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Land</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">926</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">455</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">,381</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Building and improvements</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,570</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,799</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">10,369</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Furniture, equipment and tooling</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">13,408</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">956</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,364</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Construction-in-progress</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">65</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">65</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">19,969</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,210</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">26,179</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accumulated depreciation</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(15,182</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(2,247</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(17,429</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="white"> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Property and equipment, net</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,787</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,963</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">8,750</font></td></tr></table></div><span></span></td>
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                <p>The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13-14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2921-110230<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
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          <div style="width: 200px;"><strong>Fair Value Measures and Disclosures<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_FairValueMeasuresAndDisclosuresAbstract', window );"><strong>Fair Value Measures and Disclosures</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock', window );">Fair Value, Assets Measured on Recurring Basis [Table Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 4 &#150; Fair Value Measurements</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company follows a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.&nbsp;&nbsp;The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements).&nbsp;&nbsp;A financial instrument&#146;s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company uses the following valuation techniques to measure fair value for its assets and liabilities:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div> <table width="100%" cellpadding="0" cellspacing="0"> <tr> <td width="5%" style="TEXT-ALIGN:center" valign="top"><font style="DISPLAY:inline">&nbsp; </font><font style="DISPLAY:inline">Level 1 -</font></td> <td width="95%" align="left" valign="top"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Quoted market prices in active markets for identical assets or liabilities;</font></div></td></tr> <tr> <td width="5%" style="TEXT-ALIGN:center" valign="top"><font style="DISPLAY:inline">&nbsp; </font><font style="DISPLAY:inline">Level 2 -</font></td> <td width="95%" align="left" valign="top"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Significant other observable inputs (e.g. quoted prices for similar items in active markets, quoted prices for identical or similar items in markets that are not active, inputs other than quoted prices that are observable such as interest rate and yield curves, and market-corroborated inputs);</font></div></td></tr> <tr> <td width="5%" style="TEXT-ALIGN:center" valign="top"><font style="DISPLAY:inline">&nbsp; </font><font style="DISPLAY:inline">Level 3 -</font></td> <td width="95%" align="left" valign="top"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Unobservable inputs for the asset or liability, which are valued based on management&#146;s estimates of assumptions that market participants would use in pricing the asset or liability.</font></div></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The following table provides financial assets carried at fair value measured as of December 31 for the past two years:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="34%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="19%" colspan="7" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Level 1</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="19%" colspan="7" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Levels 2 &amp; 3</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="19%" colspan="7" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="34%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="3" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="34%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Money market funds</font></div></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,490</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,490</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="34%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Equities</font></div></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">64</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">228</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">64</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">228</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="34%" style="PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">64</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,718</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">64</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="7%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,718</font></td></tr></table></div></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresTextBlock', window );">Fair Value Disclosures [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 15 &#150; Fair Value Financial Instruments</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">None of the Company&#146;s financial instruments, which are current assets and liabilities that could be readily traded, are held for trading purposes.&nbsp;&nbsp;Detail on investments is provided in note 3 above.&nbsp;&nbsp;The Company estimates that the fair value of all financial instruments at December 31, 2011 does not differ materially from the aggregate carrying value of its financial instruments recorded in the accompanying consolidated balance sheet.</font></div><span></span></td>
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                <p>Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6925170&amp;loc=d3e19190-110258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 157<br><br> -Paragraph 32<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 157<br><br> -Paragraph 6<br><br> -Footnote 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6925170&amp;loc=d3e19207-110258<br><br><br><br></p>
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                <p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6925170&amp;loc=d3e19296-110258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 159<br><br> -Paragraph 17-22, 27, 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6947722&amp;loc=d3e13504-108611<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 107<br><br> -Paragraph 15A<br><br> -Subparagraph a-d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 21<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6947722&amp;loc=d3e13537-108611<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 133<br><br> -Paragraph 44A, 44B<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 107<br><br> -Paragraph 15B<br><br> -Subparagraph a, b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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          <div style="width: 200px;"><strong>Subsequent Events<br></strong></div>
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                <p>The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Revenues by Product Category<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 12 &#150; Revenues by Product Category</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company had revenues in the following product categories:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; 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DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="27%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Obstetrics</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,742</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,940</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,543</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Gynecology/Electrosurgery/Urology</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">19,196</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,888</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,220</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Neonatal</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,951</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7,295</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7,252</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="27%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Blood Pressure Monitoring and Accessories</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,971</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,998</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,902</font></td></tr></table></div><span></span></td>
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                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Commitment and Contingencies<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_CommitmentAndContingenciesAbstract', window );"><strong>Commitment and Contingencies</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock', window );">Commitments and Contingencies Disclosure [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 8 &#150; Commitments and Contingencies</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Operating Leases</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has a lease agreement for land adjoining its Utah facility for a term of forty years commencing on September 1, 1991.&nbsp;&nbsp;On September 1, 2001 and subsequent to each fifth lease year, the basic rental was and will be adjusted for published changes in a price index.&nbsp;&nbsp;The Company leases its Femcare facilities and automobiles for sales representatives in England.&nbsp;&nbsp;The Company leased its CMI building in Oregon until its lease expired on May 31, 2010.&nbsp;&nbsp;Rent expense charged to operations under these operating lease agreements was approximately $155, $62 and $114 for the years ended December&nbsp;31, 2011, 2010 and 2009, respectively.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Future minimum lease payments under its lease obligations as of December 31, 2011 were as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="40%" cellpadding="0" cellspacing="0"> <tr> <td width="29%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline">Years ending December 31</font>:</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">Amount</font></div></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="29%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="29%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2012</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">215</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="29%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2013</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">87</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="29%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2014</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">45</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="29%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2015</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">43</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="29%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2016</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">44</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="29%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Thereafter</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">720</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="29%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="29%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total future minimum lease payments</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,154</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br>&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Purchase Obligations</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has obligations to purchase raw materials for use in its manufacturing operations.&nbsp;&nbsp;The Company has the right to make changes in, among other things, purchase quantities, delivery schedules and order acceptance.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Product Liability</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Except for its Femcare subsidiary, the Company is self-insured for product liability risk. &#147;Product liability&#148; is an insurance industry term for the cost of legal defense and possible damages awarded as a result of use of a company&#146;s product during a procedure which results in an injury of a patient.&nbsp;&nbsp;The Company maintains a reserve for product liability litigation and damages consistent with its previous long-term experience.&nbsp;&nbsp;Actual product liability litigation costs and damages during the last three reporting years have been immaterial, which is consistent with the Company&#146;s overall history. Femcare product liability indemnity limit is &#163;5 million each claim and in the annual aggregate.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company absorbs the costs of clinical training and trouble-shooting in its on-going operating expenses.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Warranty Reserve</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company&#146;s published warranty is: &#147;UTMD warrants its products to conform in all material respects to all published product specifications in effect on the date of shipment, and to be free from defects in material and workmanship for a period of thirty (30) days for supplies, or twenty-four (24) months for equipment, from date of shipment.&nbsp;&nbsp;During the warranty period UTMD shall, at its option, replace any products shown to UTMD's reasonable satisfaction to be defective at no expense to the Purchaser or refund the purchase price.&#148;</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">UTMD maintains a warranty reserve when needed to provide for estimated costs which are likely to occur. The amount of this reserve is adjusted, as required, to reflect its actual experience. Based on its analysis of historical warranty claims and its estimate that existing warranty obligations were immaterial, no warranty reserve was made at December 31, 2011.&nbsp;&nbsp;Femcare had an established reserve at the time of acquisition by UTMD, which was subsequently eliminated as shown in the table below. The following table summarizes changes to UTMD&#146;s warranty reserve during 2011:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left">&nbsp;</div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr bgcolor="#cceeff"> <td width="48%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Beginning Balance, January 1, 2011</font></div></td> <td width="2%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">0</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="48%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Changes in Warranty Reserve during 2011:</font></font></div></td> <td width="2%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="48%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">&nbsp;&nbsp;Aggregate reductions for warranty repairs</font></div></td> <td width="2%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">-</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="48%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">&nbsp;&nbsp;Aggregate changes for warranties issued during reporting period</font></div></td> <td width="2%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">(32)</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="48%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">&nbsp;&nbsp;Aggregate changes in reserve related to preexisting warranties</font></div></td> <td width="2%" style="PADDING-BOTTOM:2px" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">32</font></div></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="48%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Ending Balance, December 31, 2011</font></div></td> <td width="2%" style="PADDING-BOTTOM:4px" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" style="BORDER-BOTTOM:black 4px double" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">0</font></div></td> <td width="1%" style="BORDER-BOTTOM:black 4px double" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify"><font style="DISPLAY:inline"></font>&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Litigation</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has been involved in lawsuits which are an expected consequence of its operations and in the ordinary course of business.&nbsp;&nbsp;Presently, there is no litigation for which the Company believes the outcome may be material to its financial results. The Company applies its accounting policy to accrue legal costs that can be reasonably estimated.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Irish Development Agency</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">In order to satisfy requirements of the Irish Development Agency in assisting the start-up of its Ireland subsidiary, the Company agreed to invest certain amounts and maintain a certain capital structure in its Ireland subsidiary.&nbsp;&nbsp;The effect of these financial relationships and commitments are reflected in the consolidated financial statements and do not represent any significant credit risk that would affect future liquidity.</font></div><span></span></td>
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                    <td>duration</td>
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                <p>The entire disclosure for commitments and contingencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 450<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6952336&amp;loc=d3e14435-108349<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 460<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6398077&amp;loc=d3e12565-110249<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 14<br><br> -Paragraph 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 440<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6394976&amp;loc=d3e25287-109308<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 5<br><br> -Paragraph 9, 10, 11, 12<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.25)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6449706&amp;loc=d3e16207-108621<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Business Combinations<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationsAbstract', window );"><strong>Business Combinations</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock', window );">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 6 &#150; Acquisition</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">On March 18, 2011, UTMD purchased all of the common shares of Femcare Holdings Ltd (Femcare) of the United Kingdom, and its subsidiaries.&nbsp;&nbsp;Femcare is best known for its leading global brand the Filshie Clip System &#150; a female surgical contraception device (tubal ligation).&nbsp;&nbsp;UTMD expects the business combination will provide diversification, expansion and integration benefits that each company separately did not have the opportunity to achieve.&nbsp;&nbsp;The acquisition was accretive to financial performance in 2011 and UTMD expects that will also be the case in future years.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">While UTMD used its best estimates and assumptions as a part of the $41 million purchase price allocation process to accurately value assets acquired and liabilities assumed at the acquisition date, its estimates are inherently uncertain and subject to refinement.&nbsp;&nbsp;As a result, during the measurement period, which may be up to one year from the acquisition date, UTMD will record adjustments to the assets acquired and liabilities assumed.&nbsp;&nbsp;Upon the conclusion of the measurement period or final determination of the values of assets or liabilities assumed, whichever comes first, any subsequent adjustments will be recorded to consolidated statements of operations. UTMD believes that the accounting of fixed assets is complete, but liabilities and intangible asset balances remain uncertain.&nbsp;&nbsp;During the quarter ended December 31, 2011, residual adjustments to initial valuations for prepaid expenses, goodwill and accrued expenses were made, but no adjustment was made to the purchase price or the value of identifiable intangibles.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br>&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:-1.8pt" align="left"><font style="DISPLAY:inline">A two-year $3.2 million escrow was set aside from the purchase price to back the warranties and representations of the sellers.&nbsp;&nbsp;The March 18, 2011 purchase price allocation is currently as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Assets Acquired</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="9%" colspan="2" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accounts receivable</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">2,176</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Prepaid expenses</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">773</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Inventory</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">1,319</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Property and equipment</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">606</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Identifiable intangibles</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Patents</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">97</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Non-compete agreements</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">162</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Trademarks, trade names</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">11,559</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Customer relationships</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">11,559</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Regulatory approvals &amp; product certifications</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">15,419</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Goodwill</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">8,249</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total assets acquired</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">51,919</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Liabilities Assumed</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accounts payable</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">1,107</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accrued expenses</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">644</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:9pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Deferred tax liability</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">9,084</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total liabilities assumed</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">10,835</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="49%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="49%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Net assets acquired</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" style="BORDER-BOTTOM:black 4px double" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">41,084</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">With respect to the assets acquired from Femcare, UTMD will amortize the patents and noncompete agreements over 10 and 5 years, respectively.&nbsp;&nbsp;The remaining $38,537 in identifiable intangibles will be amortized over 15 years.&nbsp;&nbsp;The $9,084 in deferred tax liability results from the difference between the book basis and tax basis of the accumulated amortization of identifiable intangible assets.&nbsp;&nbsp;The deferred tax liability will decline to zero over 15 years as the tax basis of the intangibles declines. Goodwill was measured as the excess of the purchase consideration paid over the fair value of the net assets acquired. The $8,249 in goodwill will not be amortized, but will be written down if and when the value becomes impaired.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company incurred $341 in acquisition-related expenses, all of which are categorized under General and Administrative expenses in the Consolidated Statements of Income for the year ended December 31, 2011.&nbsp;&nbsp;A portion, $266, of the acquisition-related expenses was not tax deductible.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="FONT-STYLE:italic; DISPLAY:inline">Pro forma Information</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Revenue for the year ended December 31, 2011 includes revenue from Femcare of $13,275. Net income from Femcare (after tax) in 2011 was $2,326.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Revenue and net income of the combined entity as though the business combination occurred as of the beginning of the reporting period is:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="38%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:center" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">Year ended</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline">December 31, 2011</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Year ended</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31, 2010</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Revenue</font></div></td> <td width="1%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">41,780</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">$</font></div></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:7.05pt" align="right"><font style="DISPLAY:inline">40,488</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr> <tr bgcolor="white"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Net income</font></div></td> <td width="1%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="right"><font style="DISPLAY:inline">8,235</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" align="right" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="8%" align="right" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:7.05pt" align="right"><font style="DISPLAY:inline">7,027</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify">&nbsp;</div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Pro forma net income of $8,235 for the year ended December 31, 2011 does not include $341 in UTMD legal costs directly attributable to the acquisition, and $1,765 in Femcare expenses for employee shareholder bonuses, loan redemption premium related to termination of ownership, buy-out of warrants, financial advisory fees and an insurance premium for sellers&#146; liability which are directly attributable to the acquisition.</font></div><span></span></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Debt<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_fil_DebtAbstract', window );"><strong>Debt</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtTextBlock', window );">Long-term Debt [Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="justify"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 7 &#150; Long-term Debt</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">In March 2011, the Company obtained a $14,000 loan from JPMorgan Chase Bank, N.A. (Chase), to help finance the purchase of Femcare. The terms and conditions of the loan require UTMD to a) repay the loan principal in equal monthly payments over 5 years, b) pay interest based on the 30-day LIBOR rate plus a margin starting at 2.80% and ranging from 2.00% to 3.75%, depending on the ratio of its funded debt to EBITDA (Leverage Ratio), c) pledge 65% of all foreign subsidiaries&#146; stock, d) provide first priority liens on all domestic business assets, e) maintain its Interest Coverage Ratio at 1.15 to 1.00 or better, f) maintain its Tangible Net Worth (TNW) above a minimum threshold 20% below UTMD&#146;s TNW at closing on March 18, and g) maintain its Leverage Ratio at 2.75 to 1.00 or less.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Based on UTMD&#146;s financial position, the bank&#146;s margin was 2.00% at December 31, 2011. The variable portion of the interest rate on $7,000 of the loan was subsequently fixed at 1.79%. The balance on this note at December 31, 2011 was $10,500.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">At the same time the Company obtained a $12,934 (&#163;8,000) loan from JP Morgan Chase, London Branch, to help finance UTMD&#146;s purchase of Femcare. Terms and conditions of the loan are the same as those listed above for the $14,000 U.S. loan.&nbsp;&nbsp;The variable portion of interest rate on the loan was subsequently fixed at 2.21%.&nbsp;&nbsp;The balance on this note at December 31, 2011 was $10,565 (&#163;6,800).</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">In December 2005, the Company borrowed &#128;4,500 ($5,336) from the Bank of Ireland to finance repatriation of profits achieved since 1996 under The American Jobs Creation Act of 2004.&nbsp;&nbsp;The loan term is 10-years at an interest rate of 1.10% plus the bank&#146;s money market rate, which is a total of the bank&#146;s cost of funds and cost of liquidity.&nbsp;&nbsp;The balance on the note at December 31, 2011 was $607 (&#128;468).</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The following table shows estimated minimum required principal reduction of the notes during the next five years using the December 31, 2011 interest and currency exchange rates and starting with the December 31, 2011 balance of $21,673:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="16%" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Year</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Payments</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Interest</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Principal</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"> <div style="TEXT-ALIGN:center; TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt"><font style="DISPLAY:inline"><font style="DISPLAY:inline">Ending </font>Balance</font></div></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="16%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2012</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">6,139</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">709</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,430</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">16,242</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2013</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,956</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">521</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,435</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">10,807</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2014</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,768</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">328</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,440</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">5,367</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2015</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,525</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">130</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,395</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">971</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="16%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">2016</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">978</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">971</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="16%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" align="left" valign="bottom">&nbsp;</td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom">$</td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom">23,366</td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom">&nbsp;</td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">1,694</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">21,673</font></td></tr></table></div><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for long-term debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Income Taxes<br></strong></div>
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          <div>Dec. 31, 2011</div>
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 9 &#150; Income Taxes</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Deferred tax assets (liabilities) consist of the following temporary differences:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="32%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="47%" colspan="15" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="32%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="23%" colspan="7" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="23%" colspan="7" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="32%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="11%" colspan="3" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Current</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Long-term</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Current</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Long-term</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="32%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="11%" colspan="3" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="11%" colspan="3" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="32%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Inventory write-downs and differences due to UNICAP</font></div></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">76</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">69</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="32%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Allowance for doubtful accounts</font></div></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">22</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">17</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="32%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Accrued liabilities and reserves</font></div></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">127</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">99</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="32%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Other - foreign</font></div></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">108</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(75</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(81</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="32%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Depreciation and amortization</font></div></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(9,285</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(674</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="white"> <td width="32%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Unrealized investment gains</font></div></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">123</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">121</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="32%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Deferred income taxes, net</font></div></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">333</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(9,237</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">185</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="2%" style="TEXT-ALIGN:right; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(634</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The components of income tax expense are as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="31%" colspan="10" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Years ended December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="47%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Current</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4,287</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,022</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,087</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Deferred</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(621</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">4</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">235</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,666</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,026</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,322</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Income tax expense differed from amounts computed by applying the statutory federal rate to pretax income as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="31%" colspan="10" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Years ended December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="47%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Federal income tax expense at the statutory rate</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,650</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2,914</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,128</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">State income taxes</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">257</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">283</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">304</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Foreign income taxes (blended rate)</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">877</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">74</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">46</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">ETI, manufacturing deduction and tax credits</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(270</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(275</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(193</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Other</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">152</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">30</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">37</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,666</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,026</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,322</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The domestic and foreign components of income before income tax expense were as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="80%" cellpadding="0" cellspacing="0"> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="31%" colspan="10" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">Years ended December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="47%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2009</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Domestic</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">7,795</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">8,571</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9,200</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Foreign</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">3,285</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">469</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">380</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="47%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"></font>&nbsp;</div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="47%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Total</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">11,080</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9,041</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">9,580</font></td></tr></table></div><span></span></td>
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 136, 172<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43, 44, 45, 46, 47, 48, 49<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Compensation Related Costs, Retirement Benefits<br></strong></div>
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          <div>Dec. 31, 2011</div>
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 14 &#150; Employee Benefit Plans</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company sponsors a contributory 401(k) savings plan for U.S. employees, and contributory retirement plans for Irish and English employees.&nbsp;&nbsp;The Company&#146;s matching contribution is determined annually by the board of directors.&nbsp;&nbsp;Company contributions were approximately $209, $103 and $106 for the years ended December 31, 2011, 2010 and 2009, respectively.</font></div><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for pension and other postretirement benefits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -URI http://asc.fasb.org/topic&amp;trid=2235017<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 264<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 30<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EYBAC">
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        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME (Parenthetical) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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          <div>Dec. 31, 2010</div>
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          <div>Dec. 31, 2009</div>
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        <td class="num">$ (127)<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect of the adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6920043&amp;loc=d3e640-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Tax effect on gross appreciation or the gross loss in value of the total of unsold securities during the period being reported on.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Investments, Debt and Equity Securities<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnInvestmentsTextBlock', window );">Gain (Loss) on Investments [Table Text Block]</a></td>
        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 3 &#150; Investments</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company&#146;s investments, classified as available-for-sale consist of the following:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="20%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Investments, at cost</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">380</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">15,029</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Equity securities:</font></div></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">-Unrealized holding gains</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">-</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">-Unrealized holding (losses)</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(316</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(311</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Investments, at fair value</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">64</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">14,718.</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Changes in the unrealized holding loss on investment securities available-for-sale and reported as a separate component of accumulated other comprehensive income are as follows:</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div align="center"> <table width="60%" cellpadding="0" cellspacing="0"> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="20%" colspan="6" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">December 31,</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2011</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" style="BORDER-BOTTOM:black 2px solid" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="center"><font style="DISPLAY:inline">2010</font></div></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="9%" colspan="2" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Balance, beginning of year</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(190</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(235</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="white"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Realized loss from securities included in beginning balance</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">18</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">43</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Gross unrealized holding gains (losses) in equity securities</font></div></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(23</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">31</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Deferred income taxes on unrealized holding loss</font></div></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">2</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="PADDING-BOTTOM:2px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="BORDER-BOTTOM:black 2px solid; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(29</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:2px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr> <tr bgcolor="#cceeff"> <td width="38%" valign="bottom"><font style="DISPLAY:inline">&nbsp; </font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="8%" style="TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td></tr> <tr bgcolor="white"> <td width="38%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">Balance, end of year</font></div></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(193</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">)</font></td> <td width="1%" style="PADDING-BOTTOM:4px" align="left" valign="bottom"><font style="DISPLAY:inline">&nbsp;</font></td> <td width="1%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:left" valign="bottom"><font style="DISPLAY:inline">$</font></td> <td width="8%" style="BORDER-BOTTOM:black 4px double; TEXT-ALIGN:right" valign="bottom"><font style="DISPLAY:inline">(190</font></td> <td width="1%" style="TEXT-ALIGN:left; PADDING-BOTTOM:4px" valign="bottom"><font style="DISPLAY:inline">)</font></td></tr></table></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">During 2011, 2010 and 2009, UTMD had proceeds from sales of available-for-sale securities of $15,155, $5,839 and $1,116, respectively.</font></div><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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        <td class="text"><!--egx--><div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline"><font style="DISPLAY:inline; TEXT-DECORATION:underline">Note 13 - Product Sale and Purchase Commitments</font></font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">The Company has had license agreements for the rights to develop and market certain products or technologies owned by unrelated parties.&nbsp;&nbsp;The confidential terms of such agreements are unique and varied, depending on many factors relating to the value and stage of development of the technology licensed.&nbsp;&nbsp;Royalties on future product sales are a normal component of such agreements and are included in the Company&#146;s cost of goods sold on an ongoing basis.</font></div> <div style="TEXT-INDENT:0pt; DISPLAY:block"><br></br></div> <div style="TEXT-INDENT:0pt; DISPLAY:block; MARGIN-LEFT:0pt; MARGIN-RIGHT:0pt" align="left"><font style="DISPLAY:inline">In 2009 and 2010 there were no patents under which UTMD received royalties from other parties. In 2011, UTMD received royalties of $70 for the use of intellectual property of Filshie Clip System as part of Femcare&#146;s exclusive U.S. distribution agreement with Cooper Surgical, Inc.</font></div><span></span></td>
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