Cash and Cash Equivalents

9 Months Ended

Sep. 30, 2012

Cash and Cash Equivalents [Abstract]

Cash Equivalents

Note E – Cash and Cash Equivalents

Cash and cash equivalents include all cash balances and highly liquid investments with an initial maturity of three months or less from date of purchase. We place our temporary cash investments with high credit quality financial institutions. At times, certain investments may be in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limit or otherwise may not be covered by FDIC insurance.

Our cash and cash equivalents included short-term investments of approximately $6.8 million as of September 30, 2012 and $8.2 million as of December 31, 2011, of which approximately $0.7 million and $2.7 million, respectively, were held at banks outside of the United States, primarily in Brazil.