EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2012

EMPLOYEE BENEFIT PLANS [Abstract]

Benefit Plan's projected benefit obligation and valuation of plan assets

The Benefit Plan's projected benefit obligation and valuation of plan assets were as follows for the years ended December 31 (in thousands):

Projected benefit obligation:	2012			2011
Balance, beginning of year	$	1,270		$	1,008
Service cost		169			186
Interest cost		15			18
Liability (gains) and losses		94			11
Benefits paid to participants		(71	)		(39	)
Special termination benefit		7			21
Prior service cost		(678	)		—
Pension adjustment		—			6
Foreign currency		(92	)		59
Balance, end of year	$	714		$	1,270
Plan assets:
Fair value, beginning of year	$	—		$	—
Company contributions		71			39
Benefits paid to participants		(71	)		(39	)
Fair value, end of year	$	—		$	—

Funded status of the Benefit Plan as of December 31 (in thousands):	2012			2011
Benefit obligation	$	(714	)	$	(1,270	)
Fair value of plan assets		—			—
Excess of benefit obligation over fair value of plan assets	$	(714	)	$	(1,270	)

Amounts recognized in the accompanying Consolidated Balance Sheets consist of, as of December 31 (in thousands):	2012			2011
Accrued benefit liability	$	(714	)	$	(1,270	)
Transition obligation and unrealized gain		(682	)		(190
Net amount recognized in the consolidated balance sheets	$	(1,396	)	$	(1,460	)

	Years Ended December 31,
Other changes recognized in comprehensive income/loss (in thousands):	2012			2011
Net periodic cost	$	158		$	221
Current year actuarial (gain) loss		94			11
Amortization of transition obligation		(5	)		(5	)
Amortization of actuarial gain		—			15
Total recognized in other comprehensive income		89			21
Total recognized in comprehensive income (loss)	$	247		$	242

	As of December 31,
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive gain/loss (in thousands):	2012			2011
Transition obligation	$	168		$	202
Prior service cost		602			—
Net actuarial gain		(88	)		(12	)
Total recognized in accumulated other comprehensive loss	$	682		$	190

2013 estimated amounts of amortized transition obligation (in thousands):	2013
Transition obligation	$	(5	)

	As of December 31,
Aggregate Benefit Plan information and accumulated benefit obligation in excess of plan assets (in thousands):	2012		2011
Projected benefit obligation	$	714	$	1,270
Accumulated benefit obligation		714		887
Fair value of plan assets		—		—

Weighted-average assumptions to determine the benefit obligation and net cost

The weighted-average assumptions to determine the benefit obligation and net cost are as follows:

	2012			2011
Discount rate		1.00	%		1.75	%
Rate of increase in compensation levels		—			3.0	%

Pension expense for Benefit Plan included in selling, general and administrative expenses

Pension expense for the Benefit Plan is included in selling, general and administrative expenses in the Consolidated Statements of Operations and is comprised of the following for the years ended December 31 (in thousands):

	2012			2011
Service cost	$	169		$	186
Interest cost		15			18
Amortization of transition obligation		5			5
Gain		(9	)		(15	)
Special termination		7			21
Prior service cost		(29	)		—
Benefit adjustment		—			6
Total pension expense	$	158		$	221

Benefits expected to be paid by the Benefit Plan

The Company expects to contribute approximately $61,000 to the Benefit Plan in 2013. As of December 31, 2012, benefits expected to be paid by the Benefit Plan for the next ten years is approximately as follows (in thousands):

2013	$	61
2014		81
2015		130
2016		41
2017		35
Next five years		124
Total expected benefits to be paid	$	472