Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2011

Employee Benefit Plans [Abstract]

Schedule Of Funded Status Of The Gratuity Plan

	(USD thousands)
	2011			2010
Accumulated benefit obligation		2,898			2,690
Change in projected benefit obligation:
Projected benefit obligation at beginning of the year		5,330			3,496
Service cost		1,660			1,079
Interest cost		560			378
Plan Amendment		—			386
Actuarial loss/(gain)		(401	)		223
Benefits paid		(538	)		(421	)
Effect of exchange rate changes		(969	)		189
Projected benefit obligation at end of the year		5,642			5,330
Amounts recognized in the balance sheet consists of:
Provision for gratuity (included in total current liabilities)		610			499
Provision for gratuity (included in non-current liabilities)		5,032			4,831
As of December 31, 2011 and December 31, 2010 amounts in accumulated other comprehensive income:
Net Actuarial (Gain)/ Loss		(253	)		121
Net Prior Service (Credit)/Cost		302			397
Total accumulated other comprehensive (income)/loss		49			518
Expected amortization out of comprehensive income in 2012 is $0.02 million.
Reconciliation of Net Amount Recognized
Net Amount Recognized as at beginning of the period		(5,330	)		(3,496	)
Company Contributions		538			421
Net Periodic Benefit Cost for the period		(2,256	)		(1,454	)
Amount Recognized in Accumulated Other Comprehensive Income		436			(611	)
Foreign Currency Translation adjustment		970			(190	)
Net Amount Recognized as at end of the period		(5,642	)		(5,330	)
Funded status of the plans		—			—
Accrued benefit cost		(5,642	)		(5,330	)
The components of net gratuity costs are reflected below:
Service Cost		1,660			1,079
Interest Cost		560			378
Amortization of transition obligation/(assets)		39			0
Amortization of Net Actuarial (Gain)/Loss		24			(3	)
Net Periodic Benefit costs		2,283			1,454

Weighted-Average Assumptions Used To Determine Benefit Obligation

	2011	2010
Discount rate	9.30% p.a.	8.75% p.a.
Long-term rate of compensation increase	11% p.a. for first year & 9% for next two years &7% p.a. thereafter	11% p.a. for first year & 9% for next two years &7% p.a. thereafter

Weighted-Average Assumptions Used To Determine Net Periodic Benefit Cost

	2011	2010
Discount rate	9.30% p.a.	8.75% p.a.
Long-term rate of compensation increase	11% p.a. for first year & 9% for next two years &7% thereafter	11% p.a. for first year & 9% for next two years &7% thereafter

Schedule Of Expected Future Benefit Payments

	(USD thousands)
For the year ended December 31, 2011		Expected contribution
2012		608
2013		738
2014		895
2015		1,340
2016		1,701
2017 – 2021		8,603