Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Items Measures At Fair Value on Recurring Basis

The following is summary of items that the Company measures at fair value on a recurring basis:

	Fair Value at December 31, 2012
	Level 1		Level 2		Level 3		Total
Assets:
Forward currency exchange contracts	$	—	$	137	$	—	$	137
Total current assets at fair value	$	—	$	137	$	—	$	137
Liabilities:
Forward currency exchange contracts	$	—	$	13	$	—	$	13
Total long-term liabilities at fair value	$	—	$	13	$	—	$	13

	Fair Value at December 31, 2011
	Level 1		Level 2		Level 3		Total
Assets:
Forward currency exchange contracts	$	—	$	145	$	—	$	145
Total current assets at fair value	$	—	$	145	$	—	$	145
Liabilities:
Forward currency exchange contracts	$	—	$	77	$	—	$	77
Load King contingent consideration (1)		—		—		30		30
Total long-term liabilities at fair value	$	—	$	77	$	30	$	107

(1) The Load King purchase agreement has a contingent consideration provision which provides for a one-time payment of $750 if net revenues are equal to or greater than $30,000 in 2010, 2011 or 2012. It was determined that the probability weighted average earn out payment is $30. Based thereon, we determined the fair value of the contingent consideration to be $30. During the quarter ended March 31, 2012, the Company determined that the sales would not equal or exceed $30,000 for any of the three years and, therefore, eliminated the accrual for contingent consideration. There were no other charges to items valued using level 3 measurements.

Legal Settlement Payable Recorded at Net Present Value

In addition, the Company recorded a legal settlement payable over twenty years without interest at its net present value (fair market value) in December 2011 when the Company entered into the settlement agreements. Once recorded this liability is not subject to future fair market value adjustments.

Fair Value at December 31, 2011
Level 1		Level 2		Level 3		Total
$	—	$	—	$	1,075	$	1,075