XML 37 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies
 6 Months Ended
Jun. 30, 2012
Commitments and Contingencies [Abstract]  
Commitments and Contingencies

Note 11. Commitments and Contingencies

Operating Leases

The Company leases office facilities that expire on various dates through 2028. Generally, the leases carry renewal provisions and rental escalations and require the Company to pay executory costs such as taxes and insurance.

Future minimum rental payments under non-cancelable operating leases and future minimum receipts under subleases, excluding executory costs, are as follows at June 30, 2012:

 

                                                         
    Total     2012*     YE 2013     YE 2014     YE 2015     YE 2016     Thereafter  

Operating lease obligations

   $ 561,581     $ 18,603     $ 37,168     $ 36,893     $ 37,334     $ 37,971     $ 393,612  

Sublease receipts

     (288,566 )      (7,036 )      (14,310 )      (13,794 )      (16,612 )      (17,028 )      (219,786 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total net lease obligations

   $ 273,015     $ 11,567     $ 22,858     $ 23,099     $ 20,722     $ 20,943     $ 173,826  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

* For the six months ended December 31, 2012.

Contingencies

From time to time, the Company is subject to litigation related to normal business operations. The Company vigorously defends itself in litigation and is not currently a party to, and the Company’s property is not subject to, any legal proceedings likely to materially affect the Company’s financial results.

The Company continues to evaluate potential tax exposures relating to sales and use, payroll, income and property tax laws, and regulations for various states in which the Company sells or supports its goods and services. Accruals for potential contingencies are recorded by the Company when it is probable that a liability has been incurred and the liability can be reasonably estimated. As additional information becomes available, changes in the estimates of the liability are reported in the period that those changes occur. The Company had a $3.3 million and $3.0 million liability at June 30, 2012 and December 31, 2011, respectively, relating to certain sales and use tax regulations for states in which the Company sells or supports its goods and services.