t65899_sc13d.htm

0001188112-09-001571.txt : 20090702 0001188112-09-001571.hdr.sgml : 20090702 20090702165219 ACCESSION NUMBER: 0001188112-09-001571 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20090702 DATE AS OF CHANGE: 20090702 GROUP MEMBERS: DANIEL J. DONOGHUE GROUP MEMBERS: MICHAEL R. MURPHY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOBEL LEARNING COMMUNITIES INC CENTRAL INDEX KEY: 0000721237 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 222465204 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-45470 FILM NUMBER: 09928145 BUSINESS ADDRESS: STREET 1: 1615 W CHESTER PIKE STREET 2: STE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 BUSINESS PHONE: 484-947-2000 MAIL ADDRESS: STREET 1: 1615 W CHESTER PIKE STREET 2: STE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 FORMER COMPANY: FORMER CONFORMED NAME: NOBEL EDUCATION DYNAMICS INC DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: ROCKING HORSE CHILD CARE CENTERS OF AMERICA INC /DE/ DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: PETRIE CORP DATE OF NAME CHANGE: 19851031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Discovery Group I, LLC CENTRAL INDEX KEY: 0001312548 IRS NUMBER: 300075077 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 191 N. WACKER DRIVE SUITE 1685 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 265-96000 MAIL ADDRESS: STREET 1: 191 N. WACKER DRIVE SUITE 1685 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13D 1 t65899_sc13d.htm SCHEDULE 13D t65899_sc13d.htm

	UNITED STATES		OMB APPROVAL
	SECURITIES AND EXCHANGE COMMISSION		OMB Number: 3235-0145
	Washington, D.C. 20549		Expires: February 28, 2009
	SCHEDULE 13D		Estimated average burden hours per response. . 14.5

Under the Securities Exchange Act of 1934

(Amendment No. )*

Nobel Learning Communities, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

654889104

(CUSIP Number)

Michael R. Murphy

Discovery Group I, LLC

191 North Wacker Drive

Suite 1685

Chicago, Illinois 60606

Telephone Number: (312) 265-9600

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

June 24, 2009

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 654889104

	1.	Names of Reporting Persons. Discovery Group I, LLC

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			o

	3.	SEC Use Only

	4.	Source of Funds (See Instructions) AF

	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

	6.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power None.

			8.	Shared Voting Power 544,543

			9.	Sole Dispositive Power None.

			10.	Shared Dispositive Power 544,543

	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 544,543

	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

	13.	Percent of Class Represented by Amount in Row (11) 5.2%

	14.	Type of Reporting Person (See Instructions) OO

CUSIP No. 654889104

	1.	Names of Reporting Persons. Daniel J. Donoghue

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			o

	3.	SEC Use Only

	4.	Source of Funds (See Instructions) AF

	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

	6.	Citizenship or Place of Organization United States of America

Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power None.

			8.	Shared Voting Power 544,543

			9.	Sole Dispositive Power None.

			10.	Shared Dispositive Power 544,543

	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 544,543

	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

	13.	Percent of Class Represented by Amount in Row (11) 5.2%

	14.	Type of Reporting Person (See Instructions) IN

CUSIP No. 654889104

	1.	Names of Reporting Persons. Michael R. Murphy

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			o

	3.	SEC Use Only

	4.	Source of Funds (See Instructions) AF

	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

	6.	Citizenship or Place of Organization United States of America

Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power None.

			8.	Shared Voting Power 544,543

			9.	Sole Dispositive Power None.

			10.	Shared Dispositive Power 544,543

	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 544,543

	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

	13.	Percent of Class Represented by Amount in Row (11) 5.2%

	14.	Type of Reporting Person (See Instructions) IN

Item 1.	Security and Issuer

	This statement relates to the Common Stock, par value $0.001 per share (the “Common Stock”), of Nobel Learning Communities, Inc., a Delaware corporation (the “Company”), which has its principal executive offices at 1615 West Chester Pike, Suite 200, West Chester, Pennsylvania 19382.

Item 2.	Identity and Background

	This statement is being jointly filed by the following persons (the “Reporting Persons”): Discovery Group I, LLC (“Discovery Group”) is a Delaware limited liability company primarily engaged in the business of investing in securities. Daniel J. Donoghue is a Managing Member of Discovery Group and of various related entities, which is his principal occupation. Michael R. Murphy is a Managing Member of Discovery Group and of various related entities, which is his principal occupation. Both Mr. Donoghue and Mr. Murphy are United States citizens. The business address of each of the Reporting Persons is 191 North Wacker Drive, Suite 1685, Chicago, Illinois 60606.

	During the past five years, none of the Reporting Persons have been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws.

Item 3.	Source and Amount of Funds or Other Consideration

	The total purchase price for the 544,543 shares of Common Stock beneficially owned by Discovery Group and Messrs. Donoghue and Murphy as of July 1, 2009 was approximately $6,504,502. The source of such funds was the assets of two private investment partnerships (collectively, the “Partnerships”) over which Discovery Group exercises discretionary investment management authority, and proceeds of margin loans under margin loan facilities maintained in the ordinary course of business by the Partnerships with a broker on customary terms and conditions. The Partnerships are the legal owner of all of the Common Stock beneficially owned by Discovery Group and Messrs. Donoghue and Murphy.

Item 4.	Purpose of Transaction

	The Reporting Persons acquired beneficial ownership of the shares of Common Stock reported herein as part of their investment activities on behalf of the Partnerships. The Reporting Persons acquired the shares of Common Stock reported herein because they believe that the trading prices of the Common Stock do not adequately reflect the potential value of the Company's underlying business and assets.

	The Reporting Persons intend to review and evaluate their investment in the Common Stock on an ongoing basis and may, depending upon their evaluation of the business and prospects of the Company, or such other considerations as they may deem relevant, determine to increase, decrease, or dispose of their holdings of Common Stock. As a part of such review and evaluation, the Reporting Persons may hold discussions with the Company's management and directors, other shareholders and other interested parties. Except as otherwise described in this Item 4, the Reporting Persons do not have present plans or proposals that relate to or would result in any of the following (although the Reporting Persons reserve the right to develop such plans or proposals or any other plans relating to the Company and to take action with respect thereto): (i) the acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (ii) an extraordinary corporate transaction, such as a merger, reorganization, or liquidation, involving the Company or any of its subsidiaries; (iii) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (iv) any change in the present board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (v) any material change in the present capitalization or dividend policy of the Company; (vi) any other material change in the Company’s business or corporate structure; (vii) changes in the Company's certificate of incorporation, bylaws, or instruments corresponding thereto or other actions that may impede the acquisition of control of the Company by any person; (viii) causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (ix) a class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or (x) any action similar to any of those enumerated above.
Item 5.	Interest in Securities of the Issuer

	The information concerning percentages of ownership set forth below is based on 10,492,409 shares of Common Stock reported outstanding as of April 27, 2009 in the Company’s most recent Quarterly Report on Form 10-Q, for the period ended March 28, 2009. Discovery Group beneficially owns 544,543 shares of Common Stock as of July 1, 2009, which represents 5.2% of the outstanding Common Stock. Mr. Donoghue beneficially owns 544,543 shares of Common Stock as of July 1, 2009, which represents 5.2% of the outstanding Common Stock. Mr. Murphy beneficially owns 544,543 shares of Common Stock as of July 1, 2009, which represents 5.2% of the outstanding Common Stock. Discovery Group is the sole general partner of one of the Partnerships and has sole discretionary investment authority with respect to the other Partnership’s investment in the Common Stock. Messrs. Donoghue and Murphy are the sole managing members of Discovery Group. As a consequence, Discovery Group and Messrs. Donoghue and Murphy may be deemed to share beneficial ownership of all of the shares of Common Stock owned by both of the Partnerships.

	The transactions in Common Stock effected by the Reporting Persons during the past 60 days are set out in Exhibit 1 hereto.

	No person other than the Partnerships is known to any Reporting Person to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the shares of Common Stock reported herein.

Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

	There are no contracts, arrangements, understandings or relationships (legal or otherwise) between or among any of the Reporting Persons and any other person with respect to any securities of the Company other than the governing documents of Discovery Group and the Partnerships, the margin loan facilities referred to under Item 3 above, the Joint Filing Agreement of the Reporting Persons with respect to this Schedule 13D included as Exhibit 2 to this Schedule 13D, and the Powers of Attorney granted by Messrs Donoghue and Murphy with respect to reports under Section 13 of the Securities Exchange Act of 1934, as amended, which Powers of Attorney are included as Exhibit 3 and Exhibit 4, respectively, to this Schedule 13D.

Item 7.	Material to Be Filed as Exhibits

	Exhibit 1: List of transactions by Reporting Persons in the Company’s Common Stock during the 60-day period preceding this filing.

	Exhibit 2: Joint Filing Agreement dated as of July 2, 2009, by and among Discovery Group; Daniel J. Donoghue; and Michael R. Murphy.

	Exhibit 3: Power of Attorney of Daniel J. Donoghue, dated as of April 28, 2008.

	Exhibit 4: Power of Attorney of Michael R. Murphy, dated as of April 28, 2008.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


	July 2, 2009
	Date
	DISCOVERY GROUP I, LLC By: Michael R. Murphy*
	Signature
	Michael R. Murphy, Managing Member
	Name/Title

	Daniel J. Donoghue*
	Signature
	Daniel J. Donoghue
	Name/Title

	Michael R. Murphy*
	Signature
	Michael R. Murphy
	Name/Title


	*By: /s/ Mark Buckley
	Mark Buckley Attorney-in-Fact for Daniel J. Donoghue Attorney-in-Fact for Michael R. Murphy

Exhibit Index

Exhibit 1		List of transactions by Reporting Persons in the Company’s Common Stock during the 60-day period preceding this filing.

Exhibit 2		Joint Filing Agreement dated as of July 2, 2009, by and among Discovery Group; Daniel J. Donoghue; and Michael R. Murphy.

Exhibit 3		Power of Attorney of Daniel J. Donoghue, dated as of April 28, 2008.

Exhibit 4		Power of Attorney of Michael R. Murphy, dated as of April 28, 2008.

EX-1 2 ex1.htm EXHIBIT 1 ex1.htm

EXHIBIT 1

TRANSACTIONS DURING PAST 60 DAYS

The Reporting Persons engaged in the following transactions in shares of Common Stock of the Company during the past 60 days. Such transactions involved the purchase of shares on the Nasdaq National Market System.

Date	Type	Price	Shares
5/7/2009	Purchase	$11.47	200
5/11/2009	Purchase	11.39	500
5/11/2009	Purchase	11.40	1500
5/13/2009	Purchase	11.31	100
5/13/2009	Purchase	11.32	110
5/13/2009	Purchase	11.69	100
5/13/2009	Purchase	11.70	800
5/14/2009	Purchase	11.35	100
5/14/2009	Purchase	11.38	2980
5/14/2009	Purchase	11.50	2900
5/15/2009	Purchase	11.52	23
5/15/2009	Purchase	11.60	6100
5/15/2009	Purchase	11.62	212
5/15/2009	Purchase	11.64	2288
5/15/2009	Purchase	11.69	124
5/15/2009	Purchase	11.695	100
5/15/2009	Purchase	11.70	9753
5/18/2009	Purchase	11.40	2
5/18/2009	Purchase	11.60	2500
5/18/2009	Purchase	11.615	2500
5/19/2009	Purchase	11.62	2500
5/19/2009	Purchase	11.39	196
5/19/2009	Purchase	11.40	3804
5/19/2009	Purchase	11.50	1000
5/19/2009	Purchase	11.55	1000
5/19/2009	Purchase	11.59	288
5/19/2009	Purchase	11.60	712
5/20/2009	Purchase	11.30	100
5/20/2009	Purchase	11.40	2000
5/20/2009	Purchase	11.48	200
5/20/2009	Purchase	11.51	100
5/20/2009	Purchase	11.52	100
5/20/2009	Purchase	11.53	100
5/20/2009	Purchase	11.54	100
5/20/2009	Purchase	11.55	100
5/21/2009	Purchase	10.96	200
5/21/2009	Purchase	11.30	1225
5/21/2009	Purchase	11.31	400
5/21/2009	Purchase	11.33	100

Date	Type	Price	Shares
5/21/2009	Purchase	$11.35	100
5/22/2009	Purchase	11.005	100
5/22/2009	Purchase	11.02	1000
5/22/2009	Purchase	11.06	100
5/22/2009	Purchase	11.095	1000
5/22/2009	Purchase	11.10	2627
5/22/2009	Purchase	11.145	406
5/22/2009	Purchase	11.155	100
5/26/2009	Purchase	11.49	400
5/26/2009	Purchase	11.50	300
5/27/2009	Purchase	11.25	1600
5/27/2009	Purchase	11.30	100
5/27/2009	Purchase	11.34	201
5/27/2009	Purchase	11.46	200
5/27/2009	Purchase	11.47	300
5/27/2009	Purchase	11.555	597
5/27/2009	Purchase	11.57	300
5/27/2009	Purchase	11.575	100
5/27/2009	Purchase	11.58	1
5/27/2009	Purchase	11.59	500
5/27/2009	Purchase	11.60	1502
5/28/2009	Purchase	11.35	831
5/28/2009	Purchase	11.36	100
5/28/2009	Purchase	11.47	200
5/28/2009	Purchase	11.49	200
5/28/2009	Purchase	11.50	800
5/29/2009	Purchase	11.35	327
6/2/2009	Purchase	11.63	144
6/2/2009	Purchase	11.64	4800
6/4/2009	Purchase	10.965	100
6/4/2009	Purchase	11.18	36
6/4/2009	Purchase	11.19	2000
6/5/2009	Purchase	11.15	500
6/5/2009	Purchase	11.18	28
6/5/2009	Purchase	11.19	672
6/8/2009	Purchase	11.17	100
6/8/2009	Purchase	11.18	1803
6/8/2009	Purchase	11.19	300
6/8/2009	Purchase	11.20	19494
6/12/2009	Purchase	11.22	98
6/12/2009	Purchase	11.23	1102
6/15/2009	Purchase	11.01	519
6/15/2009	Purchase	11.02	611
6/15/2009	Purchase	11.05	1900
6/16/2009	Purchase	10.54	100
6/16/2009	Purchase	10.61	735

Date	Type	Price	Shares
6/16/2009	Purchase	$10.62	1300
6/16/2009	Purchase	10.71	265
6/16/2009	Purchase	10.72	200
6/16/2009	Purchase	10.73	200
6/16/2009	Purchase	10.74	100
6/16/2009	Purchase	10.75	100
6/19/2009	Purchase	11.605	5000
6/19/2009	Purchase	11.61	100
6/19/2009	Purchase	11.63	5000
6/23/2009	Purchase	11.00	432
6/23/2009	Purchase	11.01	35
6/23/2009	Purchase	11.04	100
6/23/2009	Purchase	11.05	61
6/23/2009	Purchase	11.16	100
6/23/2009	Purchase	11.18	100
6/23/2009	Purchase	11.19	283
6/23/2009	Purchase	11.195	200
6/23/2009	Purchase	11.20	217
6/23/2009	Purchase	11.22	305
6/23/2009	Purchase	11.2225	100
6/23/2009	Purchase	11.225	100
6/23/2009	Purchase	11.23	148
6/23/2009	Purchase	11.24	356
6/23/2009	Purchase	11.34	200
6/23/2009	Purchase	11.35	922
6/23/2009	Purchase	11.38	922
6/23/2009	Purchase	11.60	1000
6/24/2009	Purchase	10.75	100
6/24/2009	Purchase	10.9675	100
6/24/2009	Purchase	10.97	1500
6/24/2009	Purchase	10.98	29
6/24/2009	Purchase	11.00	771
6/25/2009	Purchase	10.9075	100
6/25/2009	Purchase	10.91	200
6/25/2009	Purchase	10.95	100
6/25/2009	Purchase	10.97	300
6/25/2009	Purchase	11.035	100
6/25/2009	Purchase	11.04	100
6/25/2009	Purchase	11.05	1078
6/25/2009	Purchase	11.06	200
6/25/2009	Purchase	11.0625	100
6/25/2009	Purchase	11.085	100
6/25/2009	Purchase	11.09	300
6/25/2009	Purchase	11.095	700
6/25/2009	Purchase	11.10	700
6/25/2009	Purchase	11.11	100

Date	Type	Price	Shares
6/25/2009	Purchase	$11.12	200
6/25/2009	Purchase	11.13	22
6/25/2009	Purchase	11.14	5
6/25/2009	Purchase	11.15	1377
6/29/2009	Purchase	11.10	600
6/29/2009	Purchase	11.49	600
6/29/2009	Purchase	11.495	100
6/29/2009	Purchase	11.525	400
6/29/2009	Purchase	11.54	1200
6/29/2009	Purchase	11.58	491
6/29/2009	Purchase	11.59	609
6/29/2009	Purchase	11.60	1000
6/30/2009	Purchase	11.46	27
6/30/2009	Purchase	11.48	267
6/30/2009	Purchase	11.50	296
6/30/2009	Purchase	11.51	244
6/30/2009	Purchase	11.52	100
6/30/2009	Purchase	11.55	409
6/30/2009	Purchase	11.56	24
6/30/2009	Purchase	11.60	5000
7/1/2009	Purchase	11.25	200
7/1/2009	Purchase	11.68	2000

EX-2 3 ex2.htm EXHIBIT 2 ex2.htm

EXHIBIT 2

JOINT FILING AGREEMENT

The undersigned hereby agree to the joint filing of the Schedule 13D to which this Agreement is attached.

Dated: July 2, 2009

	DISCOVERY GROUP I, LLC


	By	Michael R. Murphy*
		Michael R. Murphy
		Managing Member


	Daniel J. Donoghue*
	Daniel J. Donoghue


	Michael R. Murphy*
	Michael R. Murphy


	*By:	/s/ Mark Buckley
		Mark Buckley
		Attorney-in-Fact for Daniel J. Donoghue
		Attorney-in-Fact for Michael R. Murphy

EX-3 4 ex3.htm EXHIBIT 3 ex3.htm

EXHIBIT 3

POWER OF ATTORNEY

The undersigned, Daniel J. Donoghue, hereby appoints Mark Buckley his true and lawful attorney-in-fact and agent, with full power to execute and file with the United States Securities and Exchange Commission and any stock exchange or similar authority, for and on his behalf in any and all capacities, any and all reports required to be filed pursuant to Section 13 of the Securities Exchange Act of 1934 and the rules thereunder on Schedule 13D or 13G, any and all amendments to such reports, with all exhibits, and any other forms or documents as may be necessary in connection with the filing of such reports with the United States Securities and Exchange Commission and any stock exchange or similar authority, granting unto said attorney full power and authority to do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete, as fully as the undersigned might or could do in person.

This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact and agent.

IN WITNESS WHEREOF the undersigned has caused this Power of Attorney to be executed this 28th day of April, 2008.

		/s/ Daniel J. Donoghue
		Daniel J. Donoghue


STATE OF ILLINOIS	)
	) SS.
COUNTY OF COOK	)

I, Kareema M. Cruz, a Notary Public in and for the County of Cook, State of Illinois, DO HEREBY CERTIFY that Daniel J. Donoghue, who is personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the said instrument as his own free and voluntary act, for the uses and purposes therein set forth.

Given under my hand and notarial seal, this 28th day of April, 2008.

		/s/ Kareema M. Cruz
		Notary Public

EX-4 5 ex4.htm EXHIBIT 4 ex4.htm

EXHIBIT 4

POWER OF ATTORNEY

The undersigned, Michael R. Murphy, hereby appoints Mark Buckley his true and lawful attorney-in-fact and agent, with full power to execute and file with the United States Securities and Exchange Commission and any stock exchange or similar authority, for and on his behalf in any and all capacities, any and all reports required to be filed pursuant to Section 13 of the Securities Exchange Act of 1934 and the rules thereunder on Schedule 13D or 13G, any and all amendments to such reports, with all exhibits, and any other forms or documents as may be necessary in connection with the filing of such reports with the United States Securities and Exchange Commission and any stock exchange or similar authority, granting unto said attorney full power and authority to do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete, as fully as the undersigned might or could do in person.

This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact and agent.

IN WITNESS WHEREOF the undersigned has caused this Power of Attorney to be executed this 28th day of April, 2008.

		/s/ Michael R. Murphy
		Michael R. Murphy


STATE OF ILLINOIS	)
	) SS.
COUNTY OF COOK	)

I, Kareema M. Cruz, a Notary Public in and for the County of Cook, State of Illinois, DO HEREBY CERTIFY that Michael R. Murphy, who is personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the said instrument as his own free and voluntary act, for the uses and purposes therein set forth.

Given under my hand and notarial seal, this 28th day of April, 2008.

		/s/ Kareema M. Cruz
		Notary Public