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Note 10 - Commitments and Contingencies
6 Months Ended
Jun. 30, 2012
Commitments and Contingencies Disclosure [Text Block]
NOTE 10.   COMMITMENTS AND CONTINGENCIES

In connection with the acquisition of SRC in December 2010, the Company recorded a performance-related contingent obligation related to a 2.5% payout payable over 42 months commencing January 1, 2010 and based upon the fair value of projected annual billings of the acquired business, and a $0.5 million fee if the market price of the Company’s common stock is not equal to or greater than $2.00 per share for at least twenty trading days between June 30, 2010 and June 30, 2013.  The Company accrued for each of these contingent liabilities at their respective fair values at the time of the acquisition. For the three and six months ended June 30, 2012, the Company paid $54 thousand and $0.1 million, respectively, relating to the 2.5% payout.  For the three and six months ended June 30, 2011, the Company paid $0.1 million and $0.2 million, respectively, relating to the payout.

In the fourth quarter of 2011, the Company reassessed the carrying value of the contingent liability related to the 2.5% payout and, based upon revised projected future billings, subsequently recorded a reduction to the contingent liability of $0.4 million.  At June 30, 2012, the Company has recorded a current liability related to these contingent obligations of $0.9 million, which is recorded under the caption “Accrued liabilities” in its Condensed Consolidated Balance Sheets.