0000031347-15-000038.txt : 20151110 0000031347-15-000038.hdr.sgml : 20151110 20151109153913 ACCESSION NUMBER: 0000031347-15-000038 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151109 DATE AS OF CHANGE: 20151109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ECHELON CORP CENTRAL INDEX KEY: 0000031347 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770203595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-29748 FILM NUMBER: 151215427 BUSINESS ADDRESS: STREET 1: 550 MERIDIAN AVENUE CITY: SAN JOSE STATE: CA ZIP: 95126 BUSINESS PHONE: 4089385200 MAIL ADDRESS: STREET 1: 550 MERIDIAN AVENUE CITY: SAN JOSE STATE: CA ZIP: 95126 10-Q 1 elon-20150930x10q.htm Q3 2015 10-Q 10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
______________
FORM 10‑Q
______________
(Mark one)
[X]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2015
OR
[  ]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _______________ to _______________
000-29748
(Commission file number)
______________
ECHELON CORPORATION
(Exact name of registrant as specified in its charter)
______________
Delaware    77‑0203595
    (State or other jurisdiction of    (IRS Employer
    incorporation or organization)    Identification Number)
550 Meridian Avenue
San Jose, CA 95126
(Address of principal executive office and zip code)
(408) 938‑5200
(Registrant’s telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to filing requirements for the past 90 days. Yes x No o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
¨
 
Accelerated filer
x
Non-accelerated filer
¨
(do not check if a smaller reporting company)
Smaller reporting company
¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes o No x
As of October 31, 2015, 44,160,919 shares of the registrant’s common stock were outstanding.


ECHELON CORPORATION
FORM 10‑Q
FOR THE QUARTER ENDED SEPTEMBER 30, 2015
INDEX

 
 
 
Page
 
Item 1.
 
 
 
 
 
 
 
 
 
 
 
 
Item 2.
 
Item 3.
 
Item 4.
 
 
 
 
 
 
Item 1.
 
Item 1A.
 
Item 2.
 
Item 6.
 
 
 
 
 




FORWARD-LOOKING INFORMATION
This report contains forward-looking statements within the meaning of the U.S. federal securities laws that involve risks and uncertainties. Certain statements contained in this report are not purely historical including, without limitation, statements regarding our expectations, beliefs, intentions, anticipations, commitments or strategies regarding the future that are forward-looking. These statements include those discussed in Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations, including “Critical Accounting Estimates,” “Results of Operations,” “Off-Balance-Sheet Arrangements and Other Critical Contractual Obligations,” “Liquidity and Capital Resources,” and “Recently Issued Accounting Standards,” and elsewhere in this report.

In this report, the words “may,” “could,” “would,” “might,” “will,” “should,” “plan,” “ forecast,” “anticipate,” “believe,” “expect,” “intend,” “estimate,” “predict,” “potential,” “continue,” “future,” “moving toward,” “likely” or the negative of these terms or other similar expressions also identify forward-looking statements. Our actual results could differ materially from those forward-looking statements contained in this report as a result of a number of risk factors including, but not limited to, those set forth in the section entitled “Factors That May Affect Future Results of Operations” and elsewhere in this report. You should carefully consider these risks, in addition to the other information in this report and in our other filings with the SEC. All forward-looking statements and reasons why results may differ included in this report are made as of the date of this report, and we assume no obligation to update any such forward-looking statement or reason why such results might differ, except as required by law.


2

PART I. FINANCIAL INFORMATION
ITEM 1.
UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
ECHELON CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)
 
September 30,
2015
 
December 31,
2014
ASSETS
 
 
 
 
 
 
 
CURRENT ASSETS:
 
 
 
Cash and cash equivalents
$
9,205

 
$
13,340

Restricted investments
1,401

 
1,401

Short-term investments
15,999

 
28,829

Accounts receivable, net 1
3,995

 
3,948

Inventories
2,673

 
3,243

Deferred cost of goods sold
1,221

 
935

Other current assets
1,887

 
1,084

Current assets of discontinued operations held for sale
—

 
597

Total current assets
36,381

 
53,377

 
 
 
 
Property and equipment, net
696

 
10,190

Intangible assets, net
1,241

 
1,413

Goodwill
5,756

 
5,936

Other long‑term assets
1,048

 
694

Long-term assets of discontinued operations held for sale
—

 
36

Total assets
$
45,122

 
$
71,646

 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
CURRENT LIABILITIES:
 
 
 
Accounts payable
$
2,070

 
$
3,614

Accrued liabilities
3,591

 
2,844

Current portion of lease financing obligations
131

 
2,459

Deferred revenues
4,098

 
3,126

Current liabilities of discontinued operations held for sale
—

 
1,024

Total current liabilities
9,890

 
13,067

LONG-TERM LIABILITIES:
 
 
 
Lease financing obligations, excluding current portion
—

 
13,662

Other long-term liabilities
530

 
1,740

Total long-term liabilities
530

 
15,402

 
 
 
 
STOCKHOLDERS’ EQUITY:
 
 
 
Common stock
474

 
472

Additional paid-in capital
356,135

 
356,181

Treasury stock
(28,130
)
 
(28,130
)
Accumulated other comprehensive income
(1,228
)
 
(431
)
Accumulated deficit
(292,803
)
 
(285,169
)
Total Echelon Corporation stockholders’ equity
34,448

 
42,923

Noncontrolling interest in discontinued operations of subsidiary
254

 
254

Total stockholders’ equity
34,702

 
43,177

Total liabilities and stockholders’ equity
$
45,122

 
$
71,646

1 Includes related party receivable of $1,404 and $158 as of September 30, 2015 and December 31, 2014, respectively.
See accompanying notes to condensed consolidated financial statements.

3

ECHELON CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(Unaudited)
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014

 
 
 
 
 
 
 
Revenues (2)
$
9,983

 
$
9,178

 
$
29,214

 
$
29,083

Cost of revenues (1)
4,370

 
4,180

 
12,435

 
12,502

Gross profit
5,613

 
4,998

 
16,779

 
16,581

Operating expenses:
 
 
 
 
 
 
 
 Product development (1)   
2,454

 
2,305

 
7,406

 
7,224

 Sales and marketing (1)   
1,848

 
2,160

 
6,230

 
6,600

 General and administrative (1)   
2,547

 
3,538

 
7,555

 
10,887

Lease termination charges
—

 
—

 
3,337

 
—

Loss on write down of property, equipment and other
—

 
4,409

 
—

 
4,409

Restructuring charges
—

 
227

 
—

 
227

Total operating expenses
6,849

 
12,639

 
24,528

 
29,347

Loss from continuing operations
(1,236
)
 
(7,641
)
 
(7,749
)
 
(12,766
)
Interest and other income, net
184

 
719

 
564

 
661

Interest expense on lease financing obligations
(5
)
 
(271
)
 
(385
)
 
(839
)
Loss from continuing operations before provision for income taxes
(1,057
)
 
(7,193
)
 
(7,570
)
 
(12,944
)
Income tax expense (benefit)
(10
)
 
33

 
64

 
114

Net loss from continuing operations attributable to Echelon Corporation Stockholders
(1,047
)
 
(7,226
)
 
(7,634
)
 
(13,058
)
 
 
 
 
 
 
 
 
Net loss from discontinued operations, net of income taxes
—

 
(2,141
)
 
—

 
(9,250
)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes
—

 
179

 
—

 
535

Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes
—

 
(1,962
)
 
—

 
(8,715
)
 
 
 
 
 
 
 
 
Net loss attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(9,188
)
 
$
(7,634
)
 
$
(21,773
)
 
 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.17
)
 
$
(0.17
)
 
$
(0.30
)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders
$
0.00

 
$
(0.05
)
 
$
0.00

 
$
(0.20
)
Basic and diluted net loss per share attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.21
)
 
$
(0.17
)
 
$
(0.50
)
 
 
 
 
 
 
 
 
Shares used in computing net loss per share:
 
 
 
 
 
 
 
Basic
44,128

 
43,507

 
44,068

 
43,367

Diluted
44,128

 
43,507

 
44,068

 
43,367

(1) 
See Note 6 for summary of amounts included representing stock-based compensation expense.
(2)
Includes related party amounts of $1,680 and $683 for the three months ended September 30, 2015 and 2014, respectively; and related party amounts of $3,465 and $2,546 for the nine months ended September 30, 2015 and 2014, respectively. See Note 7 and Note 14 for additional information on related party transactions.
See accompanying notes to condensed consolidated financial statements.

4

ECHELON CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(In thousands)
(Unaudited)

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Net loss from continuing operations attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(7,226
)
 
$
(7,634
)
 
$
(13,058
)
Net loss from discontinued operations, net of income taxes
—

 
(2,141
)
 
—

 
(9,250
)
Net loss
(1,047
)
 
(9,367
)
 
(7,634
)
 
(22,308
)
Other comprehensive income (loss), net of tax:
 
 
 
 


 


Foreign currency translation adjustment
(177
)
 
(902
)
 
(812
)
 
(932
)
Unrealized holding gain (loss) on available-for-sale securities
1

 
(1
)
 
15

 
(4
)
Total other comprehensive loss
(176
)
 
(903
)
 
(797
)
 
(936
)
Comprehensive loss
(1,223
)
 
(10,270
)
 
(8,431
)
 
(23,244
)
Less: comprehensive loss from discontinued operations attributable to non-controlling interests
—

 
179

 
—

 
535

Comprehensive loss attributable to Echelon Corporation Stockholders
$
(1,223
)
 
$
(10,091
)
 
$
(8,431
)
 
$
(22,709
)

See accompanying notes to condensed consolidated financial statements.

5

ECHELON CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
 
Nine Months Ended
 
September 30,
 
2015
 
2014
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:
 
 
 
Net loss including noncontrolling interest
$
(7,634
)
 
$
(22,308
)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
 
 
 
Depreciation and amortization
1,413

 
2,640

Increase (decrease) in allowance for doubtful accounts
(17
)
 
22

Lease termination charges
3,337

 
—

Loss on disposal of Grid business
—

 
254

Goodwill impairment charges
—

 
3,388

Loss on disposal of and write down of property, equipment and other
53

 
5,101

Reduction of (increase in) accrued investment income
(23
)
 
18

Stock-based compensation
109

 
992

Adjustment to contingent consideration
(98
)
 
—

Change in operating assets and liabilities:
 
 
 
Accounts receivable
(19
)
 
2,953

Inventories
630

 
1,217

Deferred cost of goods sold
190

 
242

Other current assets
(418
)
 
312

Accounts payable
(1,509
)
 
(543
)
Accrued liabilities
(55
)
 
(865
)
Deferred revenues
6

 
(751
)
Deferred rent
(154
)
 
(29
)
Net cash used in operating activities
(4,189
)
 
(7,357
)
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:
 
 
 
Purchases of available‑for‑sale short‑term investments
(7,984
)
 
(58,148
)
Proceeds from maturities and sales of available‑for‑sale short‑term investments
20,852

 
80,116

Cash paid for acquisition, net of cash acquired
—

 
(1,155
)
Proceeds from divestiture of Grid business
—

 
4,861

Change in other long‑term assets
(793
)
 
232

Capital expenditures
(83
)
 
(672
)
Net cash provided by investing activities
11,992

 
25,234

CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:
 
 
 
Principal payments of lease financing obligations
(11,147
)
 
(1,676
)
Restricted cash used as collateral for line of credit
—

 
(6,250
)
Proceeds from exercise of stock options
—

 
17

Repurchase of common stock from employees for payment of taxes on vesting of restricted stock units and upon exercise of stock options
(152
)
 
(411
)
Net cash used in financing activities
(11,299
)
 
(8,320
)
EFFECT OF EXCHANGE RATE CHANGES ON CASH
(639
)
 
(723
)
NET CHANGE IN CASH AND CASH EQUIVALENTS
(4,135
)
 
8,834

CASH AND CASH EQUIVALENTS:
 
 
 
Beginning of period
13,340

 
14,648

End of period
$
9,205

 
$
23,482

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
 
 
 
Cash paid for interest on lease financing obligations
$
386

 
$
830

Cash paid for income taxes
$
187

 
$
265

NON CASH INVESTING ACTIVITIES:
 
 
 
Fair value of stock issued in connection with acquisition
$
—

 
$
715

See accompanying notes to condensed consolidated financial statements.

6

ECHELON CORPORATION
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited)
1.    Summary of Significant Accounting Policies:
Basis of Presentation
The condensed consolidated financial statements include the accounts of Echelon Corporation, a Delaware corporation, its wholly-owned subsidiaries, and a subsidiary in which it has a controlling interest (collectively referred to as the “Company”). The Company reports non-controlling interests in consolidated entities as a component of equity separate from the Company’s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries and other consolidated entities have been eliminated in consolidation.

In the third quarter of 2014, the Company announced and completed the sale of its Grid business to S&T AG ("S&T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. The results of the Grid business are now classified as discontinued operations. As a result of this transaction, the Company now operates in one reporting segment- the Industrial Internet of Things ("IIoT") segment.
While the financial information furnished is unaudited, the condensed consolidated financial statements included in this report reflect all adjustments (consisting only of normal recurring adjustments) which the Company considers necessary for the fair presentation of the results of operations for the interim periods covered, and of the financial condition of the Company at the date of the interim balance sheet. The results for interim periods are not necessarily indicative of the results for the entire year. The condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2014 included in its Annual Report on Form 10‑K.
There have been no material changes to the Company’s significant accounting policies as compared to the significant accounting policies described in our Annual Report on Form 10‑K for the fiscal year ended December 31, 2014.
Risks and Uncertainties
The Company’s operations and performance depend significantly on worldwide economic conditions and their impact on purchases of the Company’s products, as well as the ability of suppliers to provide the Company with products and services in a timely manner. The impact of any of the matters described below could have an adverse effect on the Company’s business, results of operations and financial condition.
•
The Company’s sales are currently concentrated with a relatively small group of customers, as approximately 37.9% and 37.4% of net revenues for the three and nine months ended September 30, 2015, respectively, were derived from two customers. Customers in any of the Company’s target market sectors may experience unexpected reductions in demand for their products and consequently reduce their purchases from us, resulting in either the loss of a significant customer or a notable decrease in the level of sales to a significant customer.  In addition, if any of these customers are unable to obtain the necessary capital to operate their business, they may be unable to satisfy their payment obligations to the Company.
•
The Company utilizes third-party contract electronic manufacturers to manufacture, assemble, and test its products.  If any of these third-parties were unable to obtain the necessary capital to operate their business, they may be unable to provide the Company with timely services or to make timely deliveries of products. 
•
From time to time, the Company has experienced shortages or interruptions in supply for certain products or components used in the manufacture of the Company’s products that have been or will be discontinued. In order to ensure an adequate supply of these items, the Company has occasionally purchased quantities of these items that are in excess of the Company’s then current estimate of short-term requirements. If the long-term requirements do not materialize as originally expected, or if the Company develops alternative solutions that no longer employ these items and the Company is not able to dispose of these excess products or components, the Company could be subject to increased levels of excess and obsolete inventories.
•
Recently, in our effort to manage our costs and inventory risks, we decreased our inventory levels of certain products. If there is an unexpected increase in demand for these items, we might not be able to supply our customers with products in a timely manner.

7

Use of Estimates
The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions, and estimates that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Significant estimates and judgments are used for revenue recognition, performance-based equity compensation, inventory valuation, intangible asset valuation, contingent consideration valuation, allowance for warranty costs, and other loss contingencies. In order to determine the carrying values of assets and liabilities that are not readily apparent from other sources, the Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances. Actual results experienced by the Company may differ materially from management’s estimates.
Recently Issued Accounting Standards
On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective.  In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

In July 2015, the FASB issued an update to ASC 330, Inventory: Simplifying the Measurement of Inventory. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by the Company in the first quarter of fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact of this update on its consolidated financial statements.
Revenue Recognition
The Company’s revenues are derived from the sale and license of its products and to a lesser extent, from fees associated with training, technical support, and custom software design services offered to its customers. Product revenues consist of revenues from hardware sales and software licensing arrangements. Service revenues consist of product technical support (including in limited circumstances software post-contract support services) and training.
The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery to the customer’s carrier (and acceptance, as applicable) has occurred, the sales price is fixed or determinable, collectability is probable, and there are no post-delivery obligations. For non-distributor hardware sales, including sales to third party manufacturers, these criteria are generally met at the time of delivery to the customer’s carrier. However, for arrangements that contain contractual acceptance provisions, revenue recognition may be delayed until acceptance by the customer or the acceptance provisions lapse unless the Company can objectively demonstrate that the contractual acceptance criteria have been satisfied, which is generally accomplished by establishing a history of acceptance for the same or similar products.  For sales made to the Company’s distributor partners, revenue recognition criteria are generally met at the time the distributor sells the products through to its end-use customer. Service revenue is recognized as the training services are performed, or ratably over the term of the support period.
The Company accounts for the rights of return, price protection, rebates, and other sales incentives offered to distributors of its products as a reduction in revenue. With the exception of sales to distributors, the Company’s customers are generally not entitled to return products for a refund. For sales to distributors, due to contractual rights of return and other factors that impact its ability to make a reasonable estimate of future returns and other sales incentives, revenues are not recognized until the distributor has shipped its products to the end customer.
The Company's multiple deliverable revenue arrangements have historically been primarily related to sales of Grid products. As noted above, we completed the sale of our Grid division to S&T in September 2014. Revenues from the Grid division are included in discontinued operations (see Note 5). For further information regarding our accounting for multiple deliverable revenue arrangements, please see Note 1 - Significant Accounting Policies, in the Notes to Consolidated Financial Statements in our 2014 Annual Report on Form 10-K.

8

Deferred Revenue and Deferred Cost of Goods Sold
Deferred revenue consists substantially of amounts billed or payments received in advance of revenue recognition. Deferred cost of goods sold related to deferred product revenues includes direct product costs and applied overhead. Deferred cost of goods sold related to deferred service revenues includes direct labor costs and applied overhead. Once all revenue recognition criteria have been met, the deferred revenues and associated cost of goods sold are recognized.
Restricted Investments
As of September 30, 2015, restricted investments consist of balances maintained by the Company with an investment advisor in money market funds and permitted treasury bills. These balances represent collateral for a $1.0 million operating line of credit issued to the Company by its primary bank for credit card purchases, as well as one standby letter of credit for $113,000. Because the Company’s agreement with the lender prevents the Company from withdrawing these funds, they are considered restricted. No amounts have ever been drawn against the standby letters of credit issued by the bank.

Fair Value Measurements
The Company measures at fair value its cash equivalents and available-for-sale investments using a valuation hierarchy based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's own assumptions. These two types of inputs have created the following fair value hierarchy:

•
Level 1 - Quoted prices for identical instruments in active markets;
•
Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and
•
Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when estimating fair value. Other than cash and money market funds, the Company's only financial assets and liabilities required to be measured at fair value on a recurring basis at September 30, 2015, are its fixed income available-for-sale securities and its liability related to contingent consideration due to Lumewave, Inc. ("Lumewave") shareholders. See Note 2 of these Notes to Condensed Consolidated Financial Statements for a summary of the input levels used in determining the fair value of these assets and liabilities as of September 30, 2015.
Goodwill
Goodwill is tested for impairment using a two-step approach. The Company evaluates goodwill, at a minimum, on an annual basis during the first quarter and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. There was no impairment of goodwill as a result of the annual impairment review performed during the quarter ended March 31, 2015.
Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units were estimated using a combination of the income approach and the market approach. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any.
The Company's goodwill impairment analysis is sensitive to changes in key assumptions used in its analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and its stock price. The continued decline in the Company's stock price and market capitalization could lead to an impairment charge to its long-lived assets, including goodwill.

As of September 30, 2015, management evaluated the current stock price, coupled with other inputs, and concluded that no impairment of either goodwill or long-lived assets was warranted as of September 30, 2015 as the Company's fair value exceeded its carrying value.

For the quarter ended June 30, 2014, the Company concluded there were indicators of potential goodwill impairment for the Company’s Grid business, including continued weakness and increased uncertainty in the Grid market; changes in the extent and manner of use of the unit's long-lived assets; and changes in our long-term strategy for the Grid business. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of June 30, 2014. Based on the Company's analysis using the two-step approach defined above, the Company recorded a non-cash, goodwill impairment charge of $3.4 million in the second quarter of 2014.  This impairment was reported as part of the discontinued operations

9

results for the year ended December 31, 2014. As a result, the Company has no goodwill remaining related to the Grid business that was disposed of during the quarter ended September 30, 2014, with the entire remaining goodwill balance being attributable to the IIoT reporting unit. This includes goodwill of $1.3 million that was added during the year ended December 31, 2014 in conjunction with the acquisition of Lumewave, Inc. (see Note 4 for additional details).

Long-Lived Assets
    
We evaluate the recoverability of property, plant and equipment in accordance with ASC No. 360, Accounting for the Property, Plant, and Equipment ("ASC No. 360"). We perform periodic reviews to determine whether facts and circumstances exist that would indicate that the carrying amounts of property, plant and equipment might not be fully recoverable. If facts and circumstances indicate that the carrying amount of property, plant and equipment might not be fully recoverable, we compare projected undiscounted net cash flows associated with the related asset or group of assets over their estimated remaining useful lives against their respective carrying amounts. In the event that the projected undiscounted cash flows are not sufficient to recover the carrying value of the assets, the assets are written down to their estimated fair values based on the expected discounted future cash flows attributable to the assets. Evaluation of impairment of property, plant and equipment requires estimates in the forecast of future operating results that are used in the preparation of the expected future undiscounted cash flows. Actual future operating results and the remaining economic lives of our property, plant and equipment could differ from our estimates used in assessing the recoverability of these assets. These differences could result in impairment charges, which could have a material adverse impact on our results of operations.

During the quarter ended June 30, 2015, the Company terminated the lease agreements for its corporate headquarter facility in San Jose, California. These leases were scheduled to expire in March 2020 and had been historically accounted for under authoritative guidance pertaining to leases in which the Company is both involved in the construction of the lease assets and for which certain sale-leaseback criteria are not met. This resulted in the Company being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.

In conjunction with the termination of these leases and associated financing obligations, in May 2015 the Company paid an up-front lease termination charge of $10.0 million, which allowed the Company to remove approximately $15.3 million of building related financing obligations from its balance sheet. At the same time, the Company entered into a short-term lease for one of the two buildings for the remainder of 2015. As a result of the lease termination, the Company wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a charge of $3.3 million during the quarter ended June 30, 2015.

As a result of the sale of the Grid business on September 30, 2014, the Company made the decision to cease use of one building within its corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, the Company recorded a write down of the building of $4.4 million during the three months ended September 30, 2014. 
2. Financial Instruments:
The Company’s financial instruments consist of cash equivalents, restricted investments, short-term investments, accounts receivable, accounts payable, and lease financing obligations. The carrying value of the Company’s financial instruments approximates fair value. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of investments, which are classified as either cash equivalents, restricted investments, or short-term investments, and accounts receivable. With respect to its investments, the Company has an investment policy that limits the amount of credit exposure to any one financial institution and restricts placement of the Company’s investments to financial institutions independently evaluated as highly creditworthy. With respect to its accounts receivable, the Company performs ongoing credit evaluations of each of its customers’ financial condition. For a customer whose credit worthiness does not meet the Company’s minimum criteria, the Company may require partial or full payment prior to shipment. Alternatively, prior to shipment, customers may be required to provide the Company with an irrevocable letter of credit or arrange for some other form of coverage to mitigate the risk of uncollectibility, such as a bank guarantee. Additionally, the Company establishes an allowance for doubtful accounts and sales return allowances based upon factors surrounding the credit risk of specific customers, historical trends, and other available information.


10

Items Measured at Fair Value on a Recurring Basis
On a recurring basis, the Company measures certain of its financial assets, namely its cash equivalents and available-for-sale investments, and its liability related to contingent consideration due to Lumewave shareholders, at fair value. The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at September 30, 2015 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
5,294

 
$
5,294

 
$
—

 
$
—

U.S. government securities(2)
17,400

 
—

 
17,400

 
—

Total
$
22,694

 
$
5,294

 
$
17,400

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
870

 
$
—

 
$
—

 
$
870

Total
$
870

 
$
—

 
$
—

 
$
870

The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at December 31, 2014 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
9,023

 
$
9,023

 
$
—

 
$
—

U.S. government securities(2)
30,230

 
—

 
30,230

 
—

Total
$
39,253

 
$
9,023

 
$
30,230

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
968

 
$
—

 
$
—

 
$
968

Total
$
968

 
$
—

 
$
—

 
$
968

(1)    Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets
(2) 
Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
Cash equivalents consist of either investments with remaining maturities of three months or less at the date of purchase, or money market funds for which the carrying amount is a reasonable estimate of fair value.
The Company’s available-for-sale securities consist of U.S. government securities with a minimum and weighted average credit rating of A-1+. The Company values these securities based on pricing from pricing vendors, who may use quoted prices in active markets for identical assets (Level 1 inputs) or inputs other than quoted prices that are observable either directly or indirectly (Level 2 inputs) in determining fair value. However, the Company classifies all of its fixed income available-for-sale securities as having Level 2 inputs. The valuation techniques used to measure the fair value of the Company’s financial instruments having Level 2 inputs were derived from non-binding market consensus prices that are corroborated by observable market data, quoted market prices for similar instruments, or pricing models, such as discounted cash flow techniques. The Company's procedures include controls to ensure that appropriate fair values are recorded by comparing prices obtained from a third party independent source.


11

The contingent consideration payable to Lumewave's shareholders, which the Company recognized upon its purchase of Lumewave in August 2014 and is included in other long-term liabilities in the Company's condensed consolidated balance sheets as of December 31, 2014 and in other current liabilities as of September 30, 2015, is classified within Level 3 because significant assumptions for this obligation are not observable in the market. The table below includes a rollforward of the balance sheet amounts for financial instruments classified by the Company within Level 3 of the valuation hierarchy for the nine months ended September 30, 2015 (in thousands):
 
 
Contingent Consideration
BALANCE AT DECEMBER 31, 2014
 
$
968

Amortization of interest and change in fair value of contingent consideration
 
(98
)
BALANCE AT SEPTEMBER 30, 2015
 
$
870

As of September 30, 2015, the Company’s available-for-sale securities had contractual maturities of eleven months and an average remaining term to maturity of three months. As of September 30, 2015, the amortized cost basis, aggregate fair value, and gross unrealized holding gains and losses of the Company’s short-term investments by major security type were as follows (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
17,392

 
$
17,400

 
$
8

 
$
—

The amortized cost basis, aggregate fair value and gross unrealized holding gains and losses for the Company’s available-for-sale short-term investments, by major security type, were as follows as of December 31, 2014 (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
30,237

 
$
30,230

 
$
—

 
$
7

Market values were determined for each individual security in the investment portfolio. The Company reviews its investments on a regular basis to evaluate whether or not any have experienced an other-than-temporary decline in fair value.

Items Measured at Fair Value on a Recurring Basis

In addition to assets and liabilities that are measured at fair value on a recurring basis, the company is also required to measure certain items at fair value on a nonrecurring basis.

In the third quarter of 2014, as part of the Company's review of property, equipment and other assets (long-lived assets), as discussed above, an impairment charge of $4.4 million was recorded against the building asset to write down this asset to its fair value of zero. The impairment was attributable to a combination of factors, including changes in the extent and manner of use of the reporting unit's long-lived assets; market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. Fair value was determined based on discounted cash flow analyses, which are unobservable Level 3 inputs. The cash flows used in the income approach were based on cash flows from various sub-lease scenarios, including varying lease rates, tenant improvements and commission costs, operating expenses and terms of occupation. We calculated the fair value for the building asset by using a probability weighted average of the estimated fair value from the various scenarios.

12

3. Earnings Per Share:
The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the three and nine months ended September 30, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Net loss (Numerator):
 
 
 
 
 
 
 
Net loss from continuing operations attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(7,226
)
 
$
(7,634
)
 
$
(13,058
)
Net loss from discontinued operations attributable to Echelon Corporation Stockholders
—

 
(1,962
)
 
—

 
(8,715
)
Net loss attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(9,188
)
 
$
(7,634
)
 
$
(21,773
)
Shares (Denominator):
 
 
 
 
 
 
 
Weighted average common shares outstanding
44,128

 
43,507

 
44,068

 
43,367

Shares used in basic computation
44,128

 
43,507

 
44,068

 
43,367

Common shares issuable upon exercise of stock options (treasury stock method)
—

 
—

 
—

 
—

Shares used in diluted computation
44,128

 
43,507

 
44,068

 
43,367

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.17
)
 
$
(0.17
)
 
$
(0.30
)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders
$
0.00

 
$
(0.05
)
 
$
0.00

 
$
(0.20
)
Basic and diluted net loss per share attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.21
)
 
$
(0.17
)
 
$
(0.50
)

For the three and nine months ended September 30, 2015 and 2014, the diluted net loss per share calculation is equivalent to the basic net loss per share calculation from continuing operations, discontinued operations, and total net loss attributable to Echelon Corporation Stockholders, as there were no potentially dilutive stock options due to the Company’s net loss position. The number of stock options, stock appreciation rights, restricted stock units (“RSUs”), restricted stock awards (“RSAs”), and contingently issuable shares excluded from this calculation for the three and nine months ended September 30, 2015 and 2014 was 3,698,259 and 4,362,649, respectively.
4. Acquisitions

On August 15, 2014, the Company purchased 100% of the outstanding shares of Lumewave. The acquisition was aimed at expanding the Company’s outdoor lighting business. The purchase price consisted of $1.8 million in cash paid at closing and $715,000 in common stock of the Company distributed at closing. Additionally, if certain gross profit targets for the Lumewave business are achieved during the period from August 16, 2014 through August 15, 2016, an additional $1.3 million in consideration will be payable to the selling shareholders of Lumewave. The fair value of this additional consideration was $925,000 as of September 30, 2014. The purchase price was subject to adjustment based on the final working capital balances. As a result of the final agreed-upon working capital balances, the selling shareholders agreed to repay $225,000, which was received by the Company in 2014. The cash purchase price has been adjusted for this $225,000 working capital adjustment.

The assets acquired and liabilities assumed have been reflected in the Company’s condensed consolidated balance sheet as of September 30, 2015, and the results of operations of Lumewave are included in the condensed consolidated statement of operations since August 16, 2014. The following table summarizes the purchase price allocation based on estimated fair values of assets acquired and liabilities assumed at the acquisition date (amounts in thousands):

13

 
Amount

Cash and cash equivalents
$
630

Accounts receivable
107

Inventory
31

Other current assets
259

Property and equipment
23

Identifiable intangible assets
1,500

Goodwill
1,257

Accounts payable
(352
)
Accrued liabilities
(255
)
 
$
3,200


Identifiable intangible assets include $800,000 in developed technology, $500,000 in customer relationships, and $200,000 for trade names. The identifiable intangible assets will be amortized over a period of 6.5 years. Transaction costs associated with the acquisition were not material. The method used to value the identified intangibles was an income method approach which incorporated a discount rate ranging from 21% to 22%.

Pro forma information for this acquisition is not presented as the results of the acquired business are not material to the Company’s consolidated financial statements.

The contingent consideration was measured at fair value based on management’s estimate of achieving the specified targets and discounted to its then present value of $925,000. The contingent consideration is payable in a combination of cash and the Company’s common stock. Both the fair value of the cash and equity portions of the contingent consideration are recorded as a liability and will be remeasured each reporting period, with any change in their fair values recorded to earnings. As of September 30, 2015, the fair value of the contingent consideration was $870,000 and is recorded in Accrued liabilities in the Company's condensed consolidated balance sheet. The equity component of the contingent consideration will ultimately be settled by issuing additional equity upon final determination of the targets being achieved. The number of shares to be issued will be based on the average closing price of the Company's stock during the six days prior to the acquisition date.

5. Discontinued Operations

During the third quarter of 2014, the Company announced that it had reached an agreement to sell its Grid business in order to focus on its IIoT business and on future opportunities in this market. On September 30, 2014, the Company completed the sale of its Grid business to S&T, a publicly traded European IT systems provider.
 
The consideration received for the sale of the Grid business totaled approximately $4.9 million. Additionally, the Company could receive an additional $1.0 million if the revenues of the Grid business exceed $50 million for the calendar year 2015. Based on the historical results of the Grid business and near-term estimates, management of the Company does not believe the sales targets will be achieved. Due to the significant uncertainty in achievement, no value has been given to this contingent consideration. The Company also entered into a sub-lease arrangement as well as a supply arrangement for a component used in the manufacture of certain Grid products. At the time of the sale, each of these arrangements had a term of 39 months and each has been considered indirect cashflows as they were deemed to be insignificant. As a result of the Company's decision to terminate its corporate headquarters leases, the sub-lease arrangement will now expire in December 2015.

The sale of the Grid business resulted in a loss of $254,000, net of income taxes, recorded as loss on sale of discontinued operations for the three and nine months ended September 30, 2014.

The assets and liabilities of the Company's joint venture (see Note 16) were not included in the sale to S&T. As of December 31, 2014, the Company was in the process of negotiating the sale of the joint venture's remaining net assets and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell and had classified them as held for sale on the Company's condensed consolidated balance sheets. The remaining asset and liabilities principally relate to inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. As of September 30, 2015, the Company has determined that the joint venture's remaining net assets will not be sold and have been stated at their fair value.
 

14

As a result of restructuring activities during quarter ended September 30, 2014, a total of $1.4 million of restructuring costs is included in loss from discontinued operations for the three and nine months ended September 30, 2014. All of this amount has been paid as of September 30, 2015.

The Company has classified the results of operations of the Grid business as discontinued operations for all periods presented. There was no activity related to the Grid business during the three and nine months ended September 30, 2015. The table below provides a summary of the components of the net loss from discontinued operations for the three and nine months ended September 30, 2014, and excludes certain shared overhead costs that were previously allocated to the Grid segment as ASC 205-20 prohibits the allocation of general overhead costs to discontinued operations.

Three Months Ended

Nine Months Ended

September 30, 2014

September 30, 2014




Revenues (1)
$
5,467


$
18,392

Cost of revenues
3,433


11,774

Operating expenses
3,921


15,614

Loss from discontinued operations before income taxes
(1,887
)

(8,996
)
Income taxes
—


—

Loss on sale of Grid business
(254
)
 
(254
)
Net loss from discontinued operations, net of income taxes
(2,141
)

(9,250
)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes
179


535

Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes
$
(1,962
)

$
(8,715
)

(1) Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively.
 
The sale agreement contains certain indemnification provisions related to the Grid business whereby the Company may have obligations related to the period it owned the Grid business. The Company believes the estimated fair value of these indemnification provisions are minimal and accordingly, no liability is recorded for these indemnifications as of September 30, 2015.
6. Stockholders’ Equity and Employee Stock Option Plans:
  
Stock-based Compensation Expense

The following table summarizes stock-based compensation expense for the three and nine months ended September 30, 2015 and 2014, respectively, and its allocation within the condensed consolidated statements of operations (in thousands):

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Cost of revenues
$
(34
)
 
$
76

 
$
(102
)
 
$
235

Product development
94

 
130

 
229

 
(37
)
Sales and marketing
(19
)
 
79

 
(109
)
 
174

General and administrative
115

 
225

 
91

 
962

Discontinued operations
—

 
(824
)
 
—

 
(342
)
Total
$
156

 
$
(314
)
 
$
109

 
$
992


Stock Award Activity
 
The total intrinsic value of options exercised during the three and nine months ended September 30, 2015 was $0 and $0, respectively. The total intrinsic value of options exercised during the three and nine months ended September 30, 2014 was $0

15

and $3,000, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the options. There were no options exercised during the nine months ended September 30, 2015.

The total fair value of RSUs vested and released during the three and nine months ended September 30, 2015 was $58,000 and $374,000, respectively. The total fair value of RSUs vested and released during the three and nine months ended September 30, 2014 was approximately $351,000 and $1.1 million, respectively. The fair value is calculated by multiplying the fair market value of the Company’s stock on the vesting date by the number of shares vested.
7.    Significant Customers:

The Company markets its products and services throughout the world to original equipment manufacturers (OEMs) and systems integrators in the building, industrial, transportation, utility/home, and other automation markets. During the three and nine months ended September 30, 2015 and 2014, the Company had two customers that accounted for a significant portion of its revenues: Avnet Europe Comm VA (“Avnet”), the Company’s primary distributors of its IIoT products in Europe and Enel Distribuzione Spa ("Enel"), an Italian utility company. For the three and nine months ended September 30, 2015 and 2014, the percentage of the Company’s revenues attributable to sales made to these customers was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
Avnet
 
21.1
%
 
26.9
%
 
25.5
%
 
27.4
%
Enel
 
16.8
%
 
7.4
%
 
11.9
%
 
8.8
%
Total
 
37.9
%
 
34.3
%
 
37.4
%
 
36.2
%
8. Commitments and Contingencies:

Legal Actions
From time to time, in the ordinary course of business, the Company may be subject to other legal proceedings, claims, investigations, and other proceedings, including claims of alleged infringement of third-party patents and other intellectual property rights, and commercial, employment, and other matters. In accordance with generally accepted accounting principles, the Company makes a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. While the Company believes it has adequately provided for such contingencies as of September 30, 2015, the amounts of which were immaterial, it is possible that the Company’s results of operations, cash flows, and financial position could be harmed by the resolution of any such outstanding claims.
Line of Credit
Until December 2014, the Company maintained a $5.0 million line of credit with its primary bank. The line of credit was secured by a collateral of the first priority on $6.3 million of our investments placed in a separate account. In December 2014, the Company cancelled this line of credit. It continues to maintain an operating credit line of $1.0 million with its primary bank for company credit card purchases, as well as one standby letter of credit for $113,000. These lines of credit continue to be secured by a collateral of the first priority on $1.4 million of the Company's investments (presented as restricted investments in the Condensed Consolidated Balance Sheets). The restricted investments are classified as current assets due to the contractual duration of the underlying credit agreement. No amounts have ever been drawn against the standby letters of credit issued by the bank.

16


9. Accumulated Other Comprehensive Income (Loss):
 
Foreign currency translation adjustment
(Amount in thousands)
 
Unrealized gain (loss) on available-for-sale securities
(Amount in thousands)
 
Accumulated Other Comprehensive Income (Loss)
(Amount in thousands)
Beginning balance at December 31, 2014
$
(424
)
 
$
(7
)
 
$
(431
)
Current period other comprehensive income (loss)
(812
)
 
15

 
(797
)
Balance at September 30, 2015
(1,236
)
 
8

 
(1,228
)

None of the above amounts have been reclassified to the condensed consolidated statement of operations.
10.     Inventories:

Inventories are stated at the lower of cost (first‑in, first‑out) or market and include material, labor and manufacturing overhead. When required, provisions are made to reduce excess and obsolete inventories to their estimated net realizable value. Inventories consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Purchased materials
$
154

 
$
402

Finished goods
2,519

 
2,841

 
$
2,673

 
$
3,243

11. Accrued Liabilities:

Accrued liabilities consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Accrued payroll and related costs
$
2,090

 
$
1,463

Warranty reserve
121

 
143

Restructuring charges
84

 
701

Contingent consideration
870

 
—

Other accrued liabilities
426

 
537

 
$
3,591

 
$
2,844

12.    Segment Disclosure:

ASC Topic 280, Segment Reporting, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing business performance. The Company’s chief operating decision-making group is the Executive Staff, which is comprised of the Chief Executive Officer and his direct reports (CODM). The Company operates in one principal industry segment - the IIoT segment, which is its reportable segment.
 
The Company operates in three main geographic areas: the Americas; Europe, Middle East and Africa (“EMEA”); and Asia Pacific / Japan (“APJ”). Each geographic area provides products and services to the Company’s customers located in the respective region. The Company’s long-lived and other assets include property and equipment, goodwill, purchased technology, and deposits on its leased facilities. Long-lived assets are attributed to geographic areas based on the country where the assets are located. As of September 30, 2015 and December 31, 2014, long-lived assets of approximately $6.3 million and $15.6 million, respectively, were domiciled in the United States. Long-lived assets for all other locations are not material to the condensed consolidated financial statements.

17


In North America, the Company sells its products primarily through a direct sales organization and select third-party electronics representatives. Outside North America, the Company sells its products through direct sales organizations, value-added resellers, and local distributors, primarily in EMEA and APJ. Revenues are attributed to geographic areas based on the country where the products are shipped to or the services are delivered. Summary revenue information by geography for the three and nine months ended September 30, 2015 and 2014 is as follows (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Americas
$
3,038

 
$
2,988

 
$
9,359

 
$
9,325

EMEA
5,006

 
3,520

 
13,889

 
11,045

APJ
1,939

 
2,670

 
5,966

 
8,713

Total
$
9,983

 
$
9,178

 
$
29,214

 
$
29,083


For information regarding the Company’s major customers, please refer to Note 7, Significant Customers.
13. Income Taxes:
The provision (benefit) for income taxes for the three months ended September 30, 2015 and 2014 were $(10,000) and $33,000, respectively. The provision for income taxes for the nine months ended September 30, 2015 and 2014 were $64,000 and $114,000, respectively. The difference between the statutory rate and the Company’s effective tax rate is primarily due to the impact of foreign taxes, changes in the valuation allowance on deferred tax assets, and changes in the accruals related to unrecognized tax benefits.
As of September 30, 2015 and December 31, 2014, the Company had gross unrecognized tax benefits of approximately $926,000 and $1.4 million, respectively, of which $427,000 and $469,000, respectively, if recognized, would impact the effective tax rate on income from continuing operations. The Company’s policy is to recognize interest and/or penalties related to unrecognized tax benefits in income tax expense. As of September 30, 2015 and December 31, 2014, the Company had accrued $76,000 and $99,000, respectively, for interest and penalties. The $23,000 reduction in interest and penalties on gross unrecognized tax benefits during the nine months ended September 30, 2015 was primarily attributable to the expiration of the statute of limitations in certain foreign jurisdictions.     
14. Related Parties:
In June 2000, the Company entered into a stock purchase agreement with Enel pursuant to which Enel purchased 3.0 million newly issued shares of its common stock for $130.7 million. The closing of this stock purchase occurred on September 11, 2000. At the closing, Enel had agreed that it would not, except under limited circumstances, sell or otherwise transfer any of those shares for a specified time period. That time period expired September 11, 2003. To the Company’s knowledge, Enel has disposed none of its 3.0 million shares. Under the terms of the stock purchase agreement, Enel has the right to nominate one member of the Company’s board of directors. A representative of Enel served on the board until March 14, 2012; no Enel representative is presently on the board.
At the time the Company entered into the stock purchase agreement with Enel, it also entered into a research and development agreement with an affiliate of Enel (the “R&D Agreement”). Under the terms of the R&D Agreement, the Company cooperated with Enel to integrate its LONWORKS technology into Enel’s remote metering management project in Italy, the Contatore Elettronico. The Company completed the sale of its components and products for the deployment phase of the Contatore Elettronico project during 2005. During 2006, the Company supplied Enel and its designated manufacturers with limited spare parts for the Contatore Elettronico system. In October 2006, the Company entered into a new development and supply agreement and a software enhancement agreement with Enel. Under the development and supply agreement, Enel and its contract manufacturers purchase additional electronic components and finished goods from the Company. Under the software enhancement agreement, the Company provides software enhancements to Enel for use in its Contatore Elettronico system. The software enhancement was assigned to S&T as part of the sale of the Company's Grid division in September 2014. The development and supply agreement will expire in December 2015, although delivery of products can extend beyond then and the agreement may be extended under certain circumstances.
For the three months ended September 30, 2015 and 2014, the Company recognized revenue from products and services sold to Enel and its designated manufacturers of approximately $1.7 million and $683,000, respectively. For the nine months ended September 30, 2015 and 2014, the Company recognized revenue from products and services sold to Enel and its

18

designated manufacturers of approximately $3.5 million and $2.5 million, respectively. Please refer to Note 5 for information related to discontinued operations.
As of September 30, 2015 and December 31, 2014, $1.4 million and $158,000, respectively, of the Company’s total accounts receivable balance related to amounts owed by Enel and its designated manufacturers.
15. Restructuring:
On September 30, 2014, and again in the fourth quarter of 2014, in connection with the sale of the Grid business, the Company undertook restructuring actions affecting approximately 44 employees to be terminated between September 2014 and December 31, 2014, as part of the strategic plan to focus on the Company's IIoT business. The following table sets forth a summary of restructuring activities related to the Company’s September 2014 restructuring program (in thousands):
    
December 31, 2014
 
Costs Incurred
 
Cash Payments
 
September 30, 2015
Termination benefits
$
701

 
$
—

 
$
617

 
$
84

16. Joint Venture:
On March 23, 2012, the Company entered into an agreement with Holley Metering Limited (“Holley Metering”), a designer and manufacturer of energy meters in China, to create a joint venture, Zhejiang Echelon-Holley Technology Co., Ltd. (“Echelon-Holley”). The joint venture's intended focus was on the development and sales of smart energy products for China and rest-of-world markets. The Company has a 51.0% ownership interest in the joint venture and exercises controlling influence. Therefore, Echelon-Holley’s accounts are included in the Company’s Condensed Consolidated Financial Statements as of September 30, 2015 and 2014, and for the three and nine months then ended. Holley Metering’s interests in Echelon-Holley’s net assets are reported in the non-controlling interest in subsidiary on the Condensed Consolidated Balance Sheet as of September 30, 2015. Net loss attributable to the non-controlling interest in Echelon-Holley was nil and $179,000 during three months ended September 30, 2015 and 2014, respectively, and nil and $535,000 during the nine months ended September 30, 2015 and 2014, respectively.
As of September 30, 2015, Echelon and Holley Metering had contributed in cash a total of approximately $4.0 million in Share Capital, as defined, to Echelon-Holley in proportion to their respective ownership interests.
In connection with the decision to sell the Grid business announced in the third quarter of 2014, the Company undertook a process to sell the remaining net assets of the joint venture and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell, and classified them as held for sale on the accompanying balance sheet at December 31, 2014. The major classes of assets and liabilities that were classified as held for sale were inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. In addition, the net losses attributable to the non-controlling interest were also presented as part of discontinued operations in the condensed consolidated statements of operations for the years ended December 31, December 31, 2014 and 2013.
During the quarter ended September 30, 2015, the Company concluded that it would no longer pursue a sale, but would instead work with Holley Metering to shut the joint venture down. The remaining net assets of the joint venture are immaterial as of September 30, 2015. As the net losses attributable to the joint venture were immaterial in prior years, they have been presented as part of discontinued operations in the condensed consolidated statement of operations for the three and nine months ended September 30, 2014.

19

ITEM 2.
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The following discussion should be read in conjunction with the condensed consolidated financial statements and notes thereto included elsewhere in this Quarterly Report. The following discussion contains predictions, estimates, and other forward-looking statements that involve a number of risks and uncertainties about our business. These statements may be identified by the use of words such as “we believe,” “expect,” “anticipate,” “intend,” “plan,” “goal,” “continues,” “may,” “might,” “could,” “will,” “would,” “future,” “likely,” “predict,” “estimate,” “if,” “potential,” “continue,” “moving,” “toward” and similar expressions. Forward-looking statements include statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances. In particular, these statements include statements such as: our plan to focus our product development spend in our technology to broaden the applicability of our control networking platform into new markets; our predictions about the smart energy market, increased pricing pressures and worldwide macro-economic conditions; our projections of IIoT revenues; the possible delisting of our stock from the NASDAQ Stock Market; the potential impairment charge of goodwill; the prospect of our announced exploration of financial strategies and strategic alternatives; our estimate of risks inherent in our international business activities; factors that may cause fluctuations on our operating results; our expectation that we will achieve a return on our investment of resources into our products; estimates of our future gross margins and factors affecting our gross margins; statements regarding reinvesting a portion of our earnings from foreign operations; plans to use our cash reserves to strategically acquire other companies, products, or technologies; our projections of our combined cash, cash equivalent and short term investment balance; the sufficiency of our cash reserves to meet cash requirements; our expectations that our IIoT revenues will not fluctuate significantly from foreign currency sales; estimates of our interest income and expense; our belief that we have adequately provided for legal contingencies; and our belief that we have made adequate provisions for tax exposure and legal matters. Such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this filing and particularly in the “Factors That May Affect Future Results of Operations” section. Therefore, our actual results may differ materially and adversely from those expressed in any forward-looking statements. We undertake no obligation to review or update publicly any forward-looking statements for any reason, except as required by law.

EXECUTIVE OVERVIEW
Echelon Corporation was incorporated in California in February 1988 and reincorporated in Delaware in January 1989. We are based in San Jose, California, and maintain offices in seven foreign countries throughout Europe and Asia. Our products enable everyday devices — such as air conditioners, outdoor lighting, appliances, electricity meters, light switches, thermostats, and valves — to be made “smart” and inter-connected, part of an emerging market known as the Industrial Internet of Things ("IIoT").

Our proven, open standard, multi-application energy control networking platform powers applications for smart cities, smart buildings, and smart campuses that help customers save on their energy usage, reduce outage duration or prevent them from happening entirely, reduce their carbon footprint and more. Today, we offer, directly and through our partners worldwide, a wide range of products and services.

Prior to the third quarter of 2014, our Company operated in two operating segments, the IIoT segment and the Grid segment. In the third quarter of 2014, we announced and completed the sale of our Grid operating segment to S&T AG ("S&T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. We have classified the results of operations of the Grid business as discontinued operations for the three and nine months ended September 30, 2015 and 2014.

As a result of the sale, the Company’s resources are now entirely focused on the IIoT. This business sells products and services that form Embedded Control Platforms, such as LONWORKS® and IzoT®, which include components, control nodes and development software. These products are typically sold to Original Equipment Manufacturers ("OEMs") to build into their industrial application solutions. We also sell into certain vertical application markets for IIoT solutions, such as the outdoor lighting market. These solutions are sold to end users typically through value-added resellers and distributors.

During the quarter ended June 30, 2015, we terminated the lease agreements for our corporate headquarters facility in San Jose, California. These leases were scheduled to expire in March 2020 and had been historically accounted for under authoritative guidance pertaining to leases in which we were both involved in the construction of the lease assets and for which certain sale-leaseback criteria were not met. This resulted in Echelon being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing

20

obligations.

In conjunction with the termination of these leases and associated financing obligations in May 2015, we paid an up-front lease termination charge of $10.0 million, which allowed us to remove approximately $15.3 million of building related financing obligations from our balance sheet. At the same time, we entered into a short-term lease for one of the two buildings for the remainder of 2015. As a result of the lease termination, we wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a one-time charge of $3.3 million during the quarter ended June 30, 2015.

The following discussion focuses on the results of our IIoT business, as the results of our Grid operating segment are now classified as discontinued operations. The following tables provide an overview of key financial metrics for the three and nine months ended September 30, 2015 and 2014 that our management team focuses on in evaluating our financial condition and operating performance (in thousands, except percentages).
 
Three Months Ended
September 30,
 
 
 
 
 
2015
 
2014
 
$ Change
 
% Change
Net revenues
$
9,983

 
$
9,178

 
$
805

 
8.8
 %
Gross margin
56.2
%
 
54.5
%
 
---

 
1.7 ppt

Operating expenses
$
6,849

 
$
12,639

 
$
(5,790
)
 
(45.8
)%
Net loss attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(9,188
)
 
$
8,141

 
(88.6
)%
 
Nine Months Ended
September 30,
 
 
 
 
 
2015
 
2014
 
$ Change
 
% Change
Net revenues
$
29,214

 
$
29,083

 
$
131

 
0.5
 %
Gross margin
57.4
%
 
57.0
%
 
---

 
0.4 ppt

Operating expenses
$
24,528

 
$
29,347

 
$
(4,819
)
 
(16.4
)%
Net loss attributable to Echelon Corporation Stockholders
$
(7,634
)
 
$
(21,773
)
 
$
14,139

 
(64.9
)%
 
Balance as of
 
 
 
 
 
September 30,
2015
 
December 31,
2014
 
$ Change
 
% Change
Cash, cash equivalents, and short-term investments *
$
26,605

 
$
43,570

 
$
(16,965
)
 
(38.9
)%
* As of September 30, 2015 and December 31, 2014, includes $1.4 million of restricted investments presented separately on condensed consolidated balance sheet
•
Net revenues: Our total revenues increased by 8.8% during the third quarter of 2015 as compared to the same period in 2014, and increased by 0.5% during the nine months ended September 30, 2015 as compared to the same period in 2014. The increase in revenues between the two quarterly periods, as well as the two nine-month periods, was mainly due to an increase in sales of components to Enel, partly offset by a reduction in sales of our IIoT products in the APJ and EMEA regions.
•
Gross margin: Our gross margins increased by 1.7 percentage points during the third quarter of 2015 as compared to the same period in 2014, and increased by 0.4 percentage points during the nine months ended September 30, 2015 as compared to the same period in 2014. These fluctuations were primarily due to a change in the mix of products sold. In addition, higher overall revenue levels during the quarter ended September 30, 2015 as compared to the same period in 2014 also contributed to the improvement in gross margins between the two quarterly periods.
•
Operating expenses: Our operating expenses decreased by 45.8% and 16.4% during the three and nine months ended September 30, 2015, respectively, as compared to the same periods in 2014. These decreases were primarily due to the fact that, during the third quarter of 2014, we took a one-time charge of $4.4 million for under-utilized facilities at our corporate headquarters facility. Also contributing to the declines were reduced compensation costs associated with reduced headcount, reduced project related costs associated with the sale of our Grid division and the acquisition of Lumewave, both of which occurred during the third quarter of 2014, and reduced facilities related costs. Partly offsetting the decline

21

between the two nine-month periods was a one-time charge of $3.3 million that we took during the quarter ended June 30, 2015 associated with the termination of our corporate headquarters facility leases.
•
Net loss attributable to Echelon Corporation Stockholders: We generated a net loss of $1.0 million during the third quarter of 2015 compared to $9.2 million during the same period in 2014. This decrease was mainly attributable to the reduction in our operating expenses as discussed above, coupled with the removal of our Grid division, which generated a $2.0 million loss in the third quarter of 2014. Excluding the impact of our Grid division, non-cash stock-based compensation charges, restructuring charges, and the $4.4 million charge we took during the third quarter of 2014 associated with under-utilized facilities, our net loss decreased by approximately $1.2 million in the third quarter of 2015 as compared to the same period in 2014.
For the nine months ended September 30, 2015, we generated a net loss of $7.6 million compared to $21.8 million for the same period in 2014. Excluding the impact of our Grid division, non-cash stock-based compensation charges, and the one-time charge for $3.3 million we took in the second quarter of 2015 related to the termination of our corporate headquarters facility as well as the $4.4 million charge we took during the third quarter of 2014 associated with under-utilized facilities, our net loss decreased by approximately $2.9 million during the first nine months of 2015 as compared to the same period in 2014.
•
Cash, cash equivalents, and short-term investments: During the first nine months of 2015, our cash, cash equivalents, and short-term investment balance decreased by 38.9%, from $43.6 million at December 31, 2014 to $26.6 million at September 30, 2015. This decrease was primarily the result of cash used in operations of $4.2 million driven primarily by decrease in accounts payable balances of $1.5 million and our net loss of $7.6 million less non-cash charges for depreciation and amortization and lease termination charges and cash used to pay our lease financing obligations.
CRITICAL ACCOUNTING POLICIES AND ESTIMATES

Our discussion and analysis of our financial condition and results of operations is based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. Note 1, “Significant Accounting Policies” of Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2014, which we filed with the Securities and Exchange Commission in March 2015, describes the significant accounting policies and methods used in the preparation of our consolidated financial statements. The preparation of these consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates, including those related to our revenues, stock-based compensation, allowance for doubtful accounts, inventories, and commitments and contingencies. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results may differ from these estimates under different assumptions or conditions.

During the nine months ended September 30, 2015, there were no material changes to our critical accounting policies or in the matters for which we make critical accounting estimates in the preparation of our condensed consolidated financial statements as compared to those disclosed in our Annual Report on Form 10-K for the year ended December 31, 2014.


22

RESULTS OF OPERATIONS
The following table reflects the percentage of total revenues represented by each item in our Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
Revenues
100.0
 %
 
100.0
 %
 
100.0
 %
 
100.0
 %
Cost of revenues
43.8

 
45.5

 
42.6

 
43.0

Gross profit
56.2

 
54.5

 
57.4

 
57.0

Operating expenses:
 
 
 
 
 
 
 
Product development
24.6

 
25.1

 
25.3

 
24.8

Sales and marketing
18.5

 
23.5

 
21.3

 
22.7

General and administrative
25.5

 
38.4

 
25.9

 
37.4

Lease termination charges
—

 
—

 
11.4

 
—

Loss on write down of property and equipment
—

 
48.0

 
—

 
15.2

Restructuring charges
—

 
2.5

 
—

 
0.8

Total operating expenses
68.6

 
137.5

 
83.9

 
100.9

Loss from continuing operations
(12.4
)
 
(83.0
)
 
(26.5
)
 
(43.9
)
Interest and other income, net
1.8

 
7.8

 
1.9

 
2.3

Interest expense on lease financing obligations
—

 
(3.0
)
 
(1.3
)
 
(2.9
)
Loss from continuing operations before provision for income taxes
(10.6
)
 
(78.2
)
 
(25.9
)
 
(44.5
)
Income tax expense (benefit)
(0.1
)
 
0.4

 
0.2

 
0.4

Net loss from continuing operations attributable to Echelon Corporation Stockholders
(10.5
)
 
(78.6
)
 
(26.1
)
 
(44.9
)
Net income (loss) from discontinued operations
—

 
(23.3
)
 
—

 
(31.8
)
Net loss from discontinued operations attributable to non controlling interest
—

 
2.0

 
—

 
1.8

Net loss from discontinued operations attributable to Echelon Corporation Stockholders
—

 
(21.4
)
 
—

 
(30.0
)
Net loss attributable to Echelon Corporation Stockholders
(10.5
)%
 
(100.1
)%
 
(26.1
)%
 
(74.9
)%
Revenues
Total revenues
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Total revenues
$
9,983

 
$
9,178

 
$
805

 
8.8
%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Total revenues
$
29,214

 
$
29,083

 
$
131

 
0.5
%
Our revenues are primarily comprised of sales of our hardware products, and to a lesser extent, revenues we generate from sales of our software products and from our customer support and training offerings. Included in these totals are components we sell to Enel.
Excluding sales to Enel, which are discussed more fully below, our revenues decreased during the three and nine months ended September 30, 2015, as compared to the same periods in 2014, by $192,000 and $788,000, or 2% and 3%, respectively. These decreases were primarily due to reductions in sales made to customers in the APJ region, and to a lesser extent, customers in the EMEA region. We have seen a loss in market share over the last several years due primarily to reduced investment in research and development and marketing, especially in our LONWORKS portfolio of products, which has caused a decrease in our IIoT revenues.

23


The portion of our revenues conducted in currencies other than the United States dollar, principally the Japanese Yen, was about 3.6% for the nine months ended September 30, 2015 and 4.4% for the same period in 2014. Our revenues will continue to be subject to fluctuations in the exchange rates between the United States dollar and the foreign currencies in which we sell these products and services. In general, if the dollar were to weaken against these currencies, our revenues from those foreign currency sales, when translated into United States dollars, would increase. Conversely, if the dollar were to strengthen against these currencies, our revenues from those foreign currency sales, when translated into United States dollars, would decrease. The extent of this exchange rate fluctuation increase or decrease will depend on the amount of sales conducted in these currencies and the magnitude of the exchange rate fluctuation from year to year. To date, we have not hedged any of these foreign currency risks. We do not currently expect that, during the remainder of 2015, the amount of our revenues conducted in these foreign currencies will fluctuate significantly from prior year levels. Given the historical and expected future level of sales made in foreign currencies, we do not currently plan to hedge against these currency rate fluctuations. However, if the portion of our revenues conducted in foreign currencies were to grow significantly, we would re-evaluate these exposures and, if necessary, enter into hedging arrangements to help minimize these risks.
Enel project revenues (included in total revenues)
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Enel project revenues
$
1,680

 
$
683

 
$
997

 
146.0
%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Enel project revenues
$
3,465

 
$
2,546

 
$
919

 
36.1
%
In October 2006, we entered into a development and supply agreement with Enel. Under the development and supply agreement, Enel is purchasing additional metering kit products from us. Enel Project revenues recognized during the three and nine months ended September 30, 2015 and 2014, are driven primarily by shipments of metering kits under the development and supply agreement.

We sell our products to Enel and its designated manufacturers in U.S. dollars. Therefore, the associated revenues are not subject to foreign currency risks.

Gross Profit and Gross Margin
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Gross Profit
$5,613
 
$4,998
 
$
615

 
12.3
%
Gross Margin
56.2%
 
54.5%
 
N/A

 
1.7 ppt



Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Gross Profit
$16,779
 
$16,581
 
$
198

 
1.2
%
Gross Margin
57.4%
 
57.0%
 
NA

 
0.4 ppt



24

Gross profit is equal to revenues less cost of revenues. Cost of revenues associated with sales of our IIoT products includes direct costs associated with the purchase of components, sub-assemblies, and finished goods, as well as indirect costs such as allocated labor and overhead; costs associated with the packaging, preparation, and shipment of products; and charges related to warranty and excess and obsolete inventory reserves. Cost of revenues associated with our IIoT services consists of employee-related costs such as salaries and fringe benefits as well as other direct and indirect costs incurred in providing training, customer support, and custom software development services. Gross margin is equal to gross profit divided by revenues.
Our gross margins increased by 1.7 percentage points for the three months ended September 30, 2015, as compared to the same period in 2014, and remained virtually unchanged for the nine months ended September 30, 2015 as compared the same period in 2014. The increase between the two quarterly periods was primarily due to higher overall revenues and reduced indirect costs.

Our future gross margins will continue to be affected by several factors, including, but not limited to: overall revenue levels, changes in the mix of products sold, changes in our distribution strategy and use of distributors, changes in the prices charged by our suppliers, periodic charges related to excess and obsolete inventories, warranty expenses, introductions of cost reduced versions of our products, changes in the average selling prices of the products we sell, purchase price variances, and fluctuations in the level of indirect overhead spending. In addition, the impact of foreign exchange rate fluctuations and labor rates may affect our gross margins in the future. We currently outsource the manufacturing of most of our products requiring assembly to contract electronic manufacturers (CEMs) located primarily in China. To the extent labor rates were to rise further, or to the extent the U.S. dollar were to weaken against the Chinese currency, or other currencies used by our CEMs, our costs for the products they manufacture could rise, which would negatively affect our gross margins.

Operating Expenses
Product Development
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Product Development
$
2,454

 
$
2,305

 
$
149

 
6.5
%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Product Development
$
7,406

 
$
7,224

 
$
182

 
2.5
%
Product development expenses consist primarily of payroll and related expenses for development personnel, facility costs, expensed material, fees paid to third party service providers, depreciation and amortization, and other costs associated with the development of new technologies and products.
The changes in product development expenses during the three and nine months ended September 30, 2015, as compared to the same periods in 2014, were insignificant.


25

Sales and Marketing
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Sales and Marketing
$
1,848

 
$
2,160

 
$
(312
)
 
(14.4
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Sales and Marketing
$
6,230

 
$
6,600

 
$
(370
)
 
(5.6
)%
Sales and marketing expenses consist primarily of payroll, commissions, and related expenses for sales and marketing personnel, travel and entertainment, facilities costs, advertising and product promotion, and other costs associated with our sales and marketing activities.
The change in sales and marketing expenses during the three months ended September 30, 2015, as compared to the same period in 2014, was primarily attributable to a reduction in marketing expenses, and to a lesser extent, a reduction in compensation related expenses. The change in sales and marketing expenses during the nine months ended September 30, 2015, as compared to the same period in 2014, are reduced compensation related expenses.
General and Administrative
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
General and Administrative
$
2,547

 
$
3,538

 
$
(991
)
 
(28.0
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
General and Administrative
$
7,555

 
$
10,887

 
$
(3,332
)
 
(30.6
)%
General and administrative expenses consist primarily of payroll and related expenses for executive, finance, and administrative personnel, professional fees for legal and accounting services rendered to the company, facility costs, insurance, and other general corporate expenses.
General and administrative expenses decreased by 28.0% and 30.6% for the three and nine months ended September 30, 2015, respectively, as compared to the same periods in 2014. These decreases were driven primarily by lower compensation costs (including equity compensation expenses) due to the 2014 restructuring and subsequent employee departures and lower facilities related depreciation and amortization costs. In addition, reduced project related costs associated with the Lumewave acquisition and the sale of our Grid division, both of which occurred in the third quarter of 2014, also contributed to the declines in general and administrative expenses between the two periods.

26

Lease Termination Charges
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Lease Termination Charges
—

 
—

 
$
—

 
—
%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Lease Termination Charges
3,337

 
—

 
$
3,337

 
100.0
%

During the quarter ended June 30, 2015, we terminated the lease agreements for our corporate headquarter facility in San Jose, California. These leases were scheduled to expire in March 2020 and had been historically accounted for under authoritative guidance pertaining to leases in which we were both involved in the construction of the lease assets and for which certain sale-leaseback criteria were not met. This resulted in Echelon being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.

In conjunction with the termination of these leases and associated financing obligations in May 2015, we paid an up-front lease termination charge of $10.0 million, which allowed us to remove approximately $15.3 million of building related financing obligations from our balance sheet. At the same time, we entered into a short-term lease for one of the two buildings for the remainder of 2015. As a result of the lease termination, we wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a one-time charge of $3.3 million during the quarter ended June 30, 2015.

Loss on write down of property and equipment
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
 
 
 
 
 
 
 
 
Loss on write down of property and equipment
$
—

 
$
4,409

 
$
(4,409
)
 
(100.0
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
 
 
 
 
 
 
 
 
Loss on write down of property and equipment
$
—

 
$
4,409

 
$
(4,409
)
 
(100.0
)%
As a result of the sale of our Grid business on September 30, 2014, we made the decision to cease use of one of the buildings at our corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area, including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, we recorded a write down of the building of $4.4 million during the three months ended September 30, 2014.

27

Restructuring Charges
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
 
 
 
 
 
 
 
 
Restructuring Charges
$
—

 
$
227

 
$
(227
)
 
(100.0
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
 
 
 
 
 
 
 
 
Restructuring Charges
$
—

 
$
227

 
$
(227
)
 
(100.0
)%
On September 30, 2014, in connection with the sale of the Grid business, and again during the fourth quarter of 2014, the Company undertook restructuring actions affecting approximately 44 employees to be terminated between September 2014 and December 31, 2014, as part of the strategic plan to focus on the Company's IIoT business. In connection with this restructuring, the Company recorded restructuring charges of approximately $1.8 million , of which $1.4 million was included in the net loss from discontinued operations for the three and nine months ended September 30, 2014.
Interest and Other Income (Expense), Net
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Interest and Other Income, Net
$
184

 
$
719

 
$
(535
)
 
(74.4
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Interest and Other Income, Net
$
564

 
$
661

 
$
(97
)
 
(14.7
)%

Interest and other income (expense), net primarily reflects interest earned by our company on cash and short-term investment balances as well as foreign exchange translation gains and losses related to short-term intercompany balances.
Interest and other income, net decreased by $535,000 during the three months ended September 30, 2015 as compared to the same period in 2014. During the nine months ended September 30, 2015, interest and other income, net decreased by $97,000 as compared to the same period in 2014. For the quarterly periods, the decrease in the net other income was primarily attributable to the fact that, during the third quarter of 2015, we recognized approximately $170,000 of foreign currency translation gains, whereas in the third quarter of 2014, we recognized foreign currency translation gains of approximately $700,000. For the two nine month periods, the decrease in net other income was primarily attributable to the fact that, during the first nine months of 2015, we recognized approximately $566,000 of foreign currency translation gains, whereas in the same period of 2014, we recognized foreign currency translation gains of approximately $590,000.
These fluctuations are attributable to our foreign currency denominated short-term intercompany balances. We account for translation gains and losses associated with these balances by reflecting these amounts as either other income or loss in our condensed consolidated statements of operations. During periods when the U.S. dollar weakens in value against these foreign currencies, the associated translation losses negatively impact other income. Conversely, when the U.S. dollar strengthens, the resulting translation gains favorably impact other income.
We do not currently anticipate interest income on our investment portfolio will improve during 2015 as we expect interest rates to remain historically low. Future gains or losses associated with translating our foreign currency denominated short-term intercompany balances will depend on exchange rates in effect at the time of translation.


28

Interest Expense on Lease Financing Obligations
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Interest Expense on Lease Financing Obligations
$
5

 
$
271

 
$
(266
)
 
(98.2
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Interest Expense on Lease Financing Obligations
$
385

 
$
839

 
$
(454
)
 
(54.1
)%
The monthly rent payments we make to our lessor under the lease agreements for our San Jose headquarters are recorded in our financial statements partially as land lease expense, with the remainder being allocated to principal and interest on the financing liability. “Interest expense on lease financing obligations” reflects the portion of our monthly lease payments that is allocated to interest expense.
Interest expense on lease financing obligations decreased by $266,000 and $454,000 during the three and nine months ended September 30, 2015 as compared to the same periods in 2014, respectively. These reductions were due primarily to the fact that in May 2015, we terminated the leases for our corporate headquarters facilities and retired virtually all of the associated lease financing obligations.
Income Tax Expense
 
Three Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Income Tax Expense (Benefit)
$
(10
)
 
$
33

 
$
(43
)
 
(130.3
)%


Nine Months Ended
 
 
 
 
(Dollars in thousands)
September 30, 2015
 
September 30, 2014
 
2015 over 2014 $ Change
 
2015 over 2014 % Change
Income Tax Expense
$
64

 
$
114

 
$
(50
)
 
(43.9
)%

Income tax expense (benefit) for the three and nine months ended September 30, 2015 was $(10,000) and $64,000, compared to $33,000 and $114,000 for the same periods in 2014, respectively. The difference between the statutory rate and our effective tax rate is primarily due to the impact of foreign taxes, changes in the valuation allowance on deferred tax assets, and changes in the accruals related to unrecognized tax benefits.

29

Loss from discontinued operations, net of taxes
Loss from discontinued operations for the three and nine months ended September 30, 2014, represents the results of operations of the Company's Grid business. There was no activity related to the Grid business during the three and nine months ended September 30, 2015.
The results of operations of the Grid business are as follows (in thousands):

Three Months Ended
 
Nine Months Ended

September 30, 2014
 
September 30, 2014
Revenues (1)
$
5,467

 
$
18,392

Cost of revenues
3,433

 
11,774

Operating expenses
3,921

 
15,614

Loss from discontinued operations before income taxes
(1,887
)
 
(8,996
)
Income taxes
—

 
—

Loss on sale of Grid business
(254
)
 
(254
)
Net loss from discontinued operations, net of income taxes
(2,141
)
 
(9,250
)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes
179

 
535

Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes
$
(1,962
)
 
$
(8,715
)

(1) Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively.
OFF-BALANCE-SHEET ARRANGEMENTS AND OTHER CONTRACTUAL OBLIGATIONS
Off-Balance-Sheet Arrangements. We have not entered into any transactions with unconsolidated entities whereby we have financial guarantees, subordinated retained interests, derivative instruments, or other contingent arrangements that expose our company to material continuing risks, contingent liabilities, or any other obligation under a variable interest in an unconsolidated entity that provides financing, liquidity, market risk, or credit risk support to us.
Lease Commitments. In December 1999, we entered into a lease agreement with a real estate developer for our existing corporate headquarters in San Jose, California. In October 2000, we entered into a third lease agreement with the same real estate developer for an additional building at our headquarters site. These leases were scheduled to expire in 2011 and 2013, respectively.
Effective June 2008, the building leases were amended resulting in an extension of the lease term for both buildings through March 2020. In May 2015, we terminated the building leases and entered into a short-term lease for one of the buildings which expires in December 2015.

In conjunction with the sale of our Grid division, we entered into a sublease with S&T for a portion of our corporate headquarters facility. As a result of the May 2015 lease termination, the sublease with S&T will now expire in December 2015.

In September 2015, we entered into a lease agreement for our new corporate headquarters facility in Santa Clara, California. This lease will commence in November 2015 and will expire in July 2019.
In addition, we lease facilities under operating leases for our sales, marketing, and product development personnel located elsewhere within the United States and in several foreign countries throughout Europe and Asia, including a land lease for accounting purposes associated with our corporate headquarters facilities. These operating leases expire on various dates through 2018, and in some instances are cancelable with advance notice. Lastly, we also lease certain equipment and, for some of our sales personnel, automobiles. These operating leases are generally less than five years in duration.
Purchase Commitments. We utilize several contract manufacturers who manufacture and test our products requiring assembly. These contract manufacturers acquire components and build product based on demand information supplied by us in the form of purchase orders and demand forecasts. These purchase orders and demand forecasts generally cover periods up to twelve months, and in rare cases, up to eighteen months. We also obtain individual components for our products from a wide variety

30

of individual suppliers. We generally acquire these components through the issuance of purchase orders, and in some cases through demand forecasts, both of which cover periods up to twelve months.
We also utilize purchase orders when procuring capital equipment, supplies, and services necessary for our day-to-day operations. These purchase orders generally cover periods ranging up to twelve months, but in some instances cover a longer duration.
Indemnifications. In the normal course of business, we may be required to provide indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our products, for injuries caused by our products, and for certain other claims. Historically, costs related to these indemnification provisions have not been significant. However, we are unable to estimate the maximum potential impact of these indemnification provisions on our future results of operations.
As permitted under Delaware law, we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is, or was, serving at our request in such capacity. The indemnification period covers all pertinent events and occurrences during the officer’s or director’s lifetime. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited; however, we have director and officer insurance coverage that would enable us to recover a portion of any future amounts paid. We believe the estimated fair value of these indemnification agreements in excess of the applicable insurance coverage is minimal.
Royalties. We have certain royalty commitments associated with the shipment and licensing of certain products. Royalty expense is generally based on a U.S. dollar amount per unit shipped or a percentage of the underlying revenue. Royalty expense, which is recorded as cost of revenues in our condensed consolidated statements of operations, was approximately $100,000 and $304,000 for three and nine months ended September 30, 2015, and $120,000 and $396,000 for the same periods in 2014.
We will continue to be obligated for royalty payments in the future associated with the shipment and licensing of certain of our products. While we are currently unable to estimate the maximum amount of these future royalties, such amounts will continue to be dependent on the number of units shipped or the amount of revenue generated from these products.
Taxes. We conduct our operations in many tax jurisdictions throughout the world. In many of these jurisdictions, non-income based taxes such as property taxes, sales and use taxes, and value-added taxes are assessed on Echelon’s operations in that particular location. While we strive to ensure compliance with these various non-income based tax filing requirements, there have been instances where potential non-compliance exposures have been identified. In accordance with generally accepted accounting principles, we make a provision for these exposures when it is both probable that a liability has been incurred and the amount of the exposure can be reasonably estimated. To date, such provisions have been immaterial, and we believe that, as of September 30, 2015, we have adequately provided for such contingencies. However, it is possible that our results of operations, cash flows, and financial position could be harmed if one or more non-compliance tax exposures are asserted by any of the jurisdictions where we conduct our operations.
Legal Actions. From time to time, in the ordinary course of business, we are subject to legal proceedings, claims, investigations, and other proceedings, including claims of alleged infringement of third-party patents and other intellectual property rights, and commercial, employment, and other matters. In accordance with generally accepted accounting principles, we make a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. While we believe we have adequately provided for such contingencies as of September 30, 2015, it is possible that our results of operations, cash flows, and financial position could be harmed by the resolution of any such outstanding claims.
LIQUIDITY AND CAPITAL RESOURCES
 Since our inception, we have financed our operations and met our capital expenditure requirements primarily from the sale of preferred stock and common stock. From inception through September 30, 2015, we raised $295.7 million from the sale of preferred stock and common stock, including the exercise of stock options and warrants from our employees and directors.


31

The following table presents selected financial information as of September 30, 2015, and for each of the last three fiscal years (dollars in thousands):
 
September 30,
December 31,
 
2015
2014
2013
2012
Cash, cash equivalents, and short-term investments*
$
26,605

$
43,570

$
57,635

$
61,855

Trade accounts receivable, net
3,995

3,948

10,522

15,725

Working capital
26,491

40,310

57,090

72,661

Stockholders’ equity
34,702

43,177

67,977

83,795

* As of September 30, 2015 and December 31, 2014, includes $1.4 million of restricted investments presented separately on condensed consolidated balance sheet

As of September 30, 2015, we had $26.6 million in cash, cash equivalents, restricted cash and short-term investments, a decrease of $17.0 million as compared to December 31, 2014. Historically, our primary source of cash, other than stock sales, has been receipts from revenue, and to a lesser extent, proceeds from the exercise of stock options by our employees and directors, and the exercise of warrants. Our primary uses of cash have been cost of product revenue, payroll (salaries, commissions, bonuses, and benefits), general operating expenses (costs associated with our offices such as rent, utilities, and maintenance; fees paid to third party service providers such as consultants, accountants, and attorneys; travel and entertainment; equipment and supplies; advertising; and other miscellaneous expenses), acquisitions, capital expenditures, and purchases under our stock repurchase programs.
Cash flows from operating activities. Cash flows from operating activities have historically been driven by net income (loss) levels; adjustments for non-cash charges such as stock-based compensation; depreciation and amortization; changes in accrued investment income; and fluctuations in operating asset and liability balances. Net cash used in operating activities was $4.2 million for the nine months ended September 30, 2015, a decrease in cash outflows of approximately $3.2 as compared to the same period in 2014. During the nine months ended September 30, 2015, net cash used in operating activities was primarily the result of our net loss including non-controlling interest of $7.6 million and changes in operating assets and liabilities of $1.3 million, partially offset by lease termination charges of $3.3 million and depreciation and amortization expense of $1.4 million. The primary components of the $1.3 million net change in our operating assets and liabilities were a $1.5 million decrease in accounts payable and a $418,000 increase in other current assets; partially offset by a $630,000 decrease in inventories. Accounts payable decreased in part due to the remittance of Grid related receivables we collected and held at December 31, 2014 on behalf of S&T, and to a lesser extent the timing of receipt and payment of certain large invoices. Other current assets increased due to the reclassification of the deposits we expect to receive back in the near term associated with our terminated headquarters facility leases. Inventories decreased due to the timing of the purchase and sale of inventory during the quarter.
Net cash used in operating activities was $7.4 million for the nine months ended September 30, 2014. During the nine months ended September 30, 2014, net cash used in operating activities was primarily the result of our net loss (including non-controlling interest) of $22.3 million, partially offset by our loss on write down of assets of $5.1 million, goodwill impairment charges of $3.4 million, depreciation and amortization expense of $2.6 million, stock-based compensation expenses of $1.0 million, and changes in operating assets and liabilities of $2.5 million. The primary components of the $2.5 million net change in our operating assets and liabilities were a $3.0 million decrease in accounts receivable, $1.2 million decrease in inventories, and a $312,000 decrease in other current assets, partially offset by a $865,000 decrease in accrued liabilities, a $751,000 decrease in deferred revenues and a $543,000 decrease in accounts payable. Accounts receivable decreased primarily as a result of the timing of collections and revenues in the first nine months of 2014 as compared to the same period in 2013, and lower overall revenues between the two periods. Inventories decreased primarily in accordance with the Company's plan to manage its inventory positions commensurate with the business of each segment, as well as overall reduced business activity. Accrued liabilities decreased primarily due to the payment of restructuring and Finmek accruals in 2014, partially offset by accruals of legal and transaction costs related to the strategic decisions made by the Company in this quarter. Deferred revenues decreased due primarily to reduced overall activity with distributors in all regions. Accounts payable decreased due to timing of receipt and payment of certain large invoices, which were paid in the third quarter of 2014.
Cash flows from investing activities. Cash flows from investing activities have historically been driven by transactions involving our short-term investment portfolio, capital expenditures, changes in our long-term assets, and acquisitions and divestitures. Net cash provided by investing activities was $12.0 million for the nine months ended September 30, 2015, a decrease in cash inflows of $13.2 million from the same period in 2014. During the nine months ended September 30, 2015, net cash provided by investing activities was primarily the result of proceeds from maturities and sales of available-for-sale short-term investments of $20.9 million, partially offset by purchases of available-for-sale short-term investments of $8.0 million and changes in other long-term assets of $793,000.


32

Net cash provided by investing activities was $25.2 million for the nine months ended September 30, 2014. During the nine months ended September 30, 2014, net cash provided by investing activities was primarily the result of proceeds from maturities and sales of available-for-sale short-term investments of $80.1 million and net proceeds of $4.9 million received from sale of the Grid business, partially offset by the purchases of available-for-sale short-term investments of $58.1 million, cash spent for the Lumewave acquisition of $1.2 million, and capital expenditures of $672,000.
Cash flows from financing activities. Cash flows from financing activities have historically been driven by the proceeds from issuance of common and preferred stock offset by transactions under our stock repurchase programs and principal payments on our lease financing obligations. Net cash used in financing activities was $11.3 million for the nine months ended September 30, 2015, an increase in cash outflows of $3.0 million as compared to the same period in 2014. During the nine months ended September 30, 2015, net cash used in financing activities was primarily the result of $11.1 million in principal payments on our building lease financing obligations, which included the $10.0 million lease termination fee for our corporate headquarter facility, and $152,000 worth of shares repurchased from employees for payment of employee taxes on vesting of performance shares.

Net cash used in financing activities was $8.3 million for the nine months ended September 30, 2014. During the nine months ended September 30, 2014, net cash used in financing activities was primarily the result of $6.3 million of restricted cash used as collateral for the line of credit, $1.7 million in principal payments on our building lease financing obligations and $411,000 worth of shares repurchased from employees for payment of employee taxes on vesting of performance shares; all of which was partially offset by $17,000 of proceeds from options exercised during the nine months ended September 30, 2014.
As noted above, our cash and investments totaled $26.6 million as of September 30, 2015. Of this amount, approximately 5% was held by our foreign subsidiaries. Our intent is to permanently reinvest a significant portion of our earnings from foreign operations, and current plans do not anticipate that we will need funds generated from foreign operations to fund our domestic operations. In the event funds from foreign operations are needed to fund operations in the United States and if U.S. tax has not already been previously provided, we would provide for and pay any additional U.S. taxes due in connection with repatriating these funds.
We use well-regarded investment managers to manage our invested cash. Our portfolio of investments managed by these investment managers is primarily composed of highly rated U.S. government securities, and to a lesser extent, money market funds. All investments are made according to guidelines and within compliance of policies approved by the Audit Committee of our Board of Directors.
Until December 2014, we maintained a $5.0 million line of credit with our primary bank. The line of credit was secured by a collateral of the first priority on $6.3 million of our investments placed in a separate account. In December 2014, we cancelled this line of credit. We continue to maintain an operating credit line of $1.0 million with our primary bank for company credit card purchases, as well as a standby letter of credit for $113,000. These lines of credit continue to be secured by a collateral of the first priority on $1.4 million of our investments (presented as restricted investments in the Condensed Consolidated Balance Sheets). No amounts ever been drawn against the standby letters of credit issued by the bank.

On August 15, 2014, we purchased 100% of the outstanding shares of Lumewave, Inc. (“Lumewave”). The acquisition was aimed at expanding our street lighting business. The purchase price consisted of $1.8 million in cash paid at closing and $715,000 in shares of our common stock distributed at closing. Additionally, if certain gross profit targets of the Lumewave business are achieved during the period from August 16, 2014 through August 15, 2016, an additional $1.3 million in consideration, payable in a combination of cash and shares of our common stock, will be payable to the selling shareholders of Lumewave.
In the future, our cash reserves may be used to strategically acquire or invest in other companies, products, or technologies that are complementary to our business. In addition, our combined cash, cash equivalents, and short-term investments balances could be negatively affected by various risks and uncertainties, including, but not limited to, the risks detailed in this Quarterly Report in the section titled “Factors That May Affect Future Results of Operations.” For example, any continued weakening of economic conditions or changes in our planned cash outlay could negatively affect our existing cash reserves.
Based on our current business plan and revenue prospects, we believe that our existing cash reserves will be sufficient to meet our projected working capital and other cash requirements for at least the next twelve months. However, we currently expect that our combined cash, cash equivalent, and short-term investment balance will decline during the remainder of 2015. In the event that we require additional financing, such financing may not be available to us in the amounts or at the times that we require, or on acceptable terms. If we fail to obtain additional financing, when and if necessary, our business would be harmed.

33

RELATED PARTY TRANSACTIONS
In June 2000, we entered into a stock purchase agreement with Enel pursuant to which Enel purchased 3.0 million newly issued shares of our common stock for $130.7 million. The closing of this stock purchase occurred on September 11, 2000. At the closing, Enel had agreed that it would not, except under limited circumstances, sell or otherwise transfer any of those shares for a specified time period. That time period expired September 11, 2003. To our knowledge, Enel has not disposed of any of its 3.0 million shares. Under the terms of the stock purchase agreement, Enel has the right to nominate a member of our board of directors. A representative of Enel served on our board until March 14, 2012; no Enel representative is presently serving on our board.
At the time we entered into the stock purchase agreement with Enel, we also entered into a research and development agreement with an affiliate of Enel (the “R&D Agreement”). Under the terms of the R&D Agreement, we cooperated with Enel to integrate our LONWORKS technology into Enel’s remote metering management project in Italy, the Contatore Elettronico. We completed the sale of our components and products for the deployment phase of the Contatore Elettronico project during 2005. During 2006, we supplied Enel and its designated manufacturers with limited spare parts for the Contatore Elettronico system. In October 2006, we entered into a new development and supply agreement and a software enhancement agreement with Enel. Under the development and supply agreement, Enel and its contract manufacturers purchase additional electronic components and finished goods from us. Under the software enhancement agreement, we provides software enhancements to Enel for use in its Contatore Elettronico system. The software enhancement was assigned to S&T as part of the sale of our Grid division in September 2014. The development and supply agreement will expire in December 2015, although delivery of products can extend beyond then and the agreement may be extended under certain circumstances.
For the three months ended September 30, 2015 and 2014, we recognized revenue from products and services sold to Enel and its designated manufacturers of approximately $1.7 million and $683,000, respectively. For the nine months ended September 30, 2015 and 2014, we recognized revenue from products and services sold to Enel and its designated manufacturers of approximately $3.5 million and $2.5 million, respectively.
As of September 30, 2015 and December 31, 2014, $1.4 million and $158,000, respectively, of our total accounts receivable balance related to amounts owed by Enel and its designated manufacturers.
RECENTLY ISSUED ACCOUNTING STANDARDS
On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective.  In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting.

In July 2015, the FASB issued an update to ASC 330, Inventory: Simplifying the Measurement of Inventory. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by us in the first quarter of fiscal year 2017. Early adoption is permitted. We are currently evaluating the impact of this update on our consolidated financial statements.
FACTORS THAT MAY AFFECT FUTURE RESULTS OF OPERATIONS
Interested persons should carefully consider the risks described below in evaluating our company. Additional risks and uncertainties not presently known to us, or that we currently consider immaterial, may also impair our business operations. If any of the following risks actually occur, our business, financial condition or results of operations could be materially adversely affected. In that case, the trading price of our common stock would likely decline. Before deciding to purchase, hold or sell our common stock, you should carefully consider the risks described in this section. This section should be read in

34

conjunction with the condensed consolidated financial statements and accompanying notes thereto, and Management’s Discussion and Analysis of Financial Condition and Results of Operations included in this Quarterly Report on Form 10-Q.
We exited the Grid business and are therefore solely dependent on our IIoT business for revenue growth and profitability.
On September 30, 2014, we sold our Grid business, which accounted for a substantial percentage of our overall revenues. As a result, our revenues have decreased. Now that we have exited the Grid business, we are solely dependent on our IIoT business for revenue growth and profitability. See “There can be no guarantee that the IIoT market will develop as expected, or that we will be successful in pursuing opportunities in this market” for additional information on the risks associated with the IIoT market. There is no guarantee that the revenues will return to previous levels in the short term, if at all, or that they will reach the level necessary to achieve positive cash flow on an on-going basis.
There can be no guarantee that the IIoT market will develop as expected, or that we will be successful in pursuing opportunities in this market.

We currently intend to devote significant effort and resources to leverage our technology and develop and launch our platform to customers within the IIoT market. The IIoT market is an emerging, evolving and dynamic area with many potential players and undefined market opportunities. Our efforts to capitalize on these opportunities may not be successful in the near term, or at all. In addition, the process of developing new products involves considerable risk and uncertainty, including:

•
the risk of competition and emerging technologies (see “If we do not develop and maintain adequate distribution channels, our revenues will be harmed” for additional information on the risks associated with competing for market share); and
•
the risk that we will not be able to develop adequate sales channels for new products and services (see “Our IIoT revenues may not meet expectations, which could cause volatility in the price of our stock” for additional information on the risks associated with establishing new sales channels);
•
the risk that our products will not perform adequately due to defect or misuse by customers (see “Liabilities resulting from defects in or misuse of our products, whether or not covered by insurance, may delay our revenues and increase our liabilities and expenses” for additional information on the risks associated with defective or misused products);
•
the risk that our supply chain for components is unable to meet our demand (see “Because we depend on a limited number of key suppliers and in certain cases, a sole supplier, the failure of any key supplier to produce timely and compliant products could result in a failure to ship products, or could subject us to higher prices, which would harm our results of operations and financial position” for additional information on the risks associated with manufacturing).
If the IIoT market does not materialize as anticipated, or if our product offerings are not accepted and utilized, we will have devoted a significant amount of time and resources without any return on our investment. This could cause us to suffer significant financial losses and could also have a negative impact on our reputation and results of operations, any of which would likely cause our stock price to decline. Additionally, because we are operating in an emerging market, risks that we are not currently able to identify are likely to materialize and could negatively impact our operations and financial condition.
Our IIoT revenues and expected costs may not meet expectations, which could cause volatility in the price of our stock.
As we grow our IIoT business, we will commit significant resources developing new products in emerging markets. In addition, our IIoT business operates in nascent markets, such as outdoor lighting and controls, in which we have yet to build a reliable customer base. As a result, sales of our products are unpredictable and yet to be proven, and sales and marketing costs related to our products may be significant. These factors could have a negative impact on our revenue and make it difficult to project our financial results, which could cause declines and volatility in our stock price.

The market price of our common stock has been depressed and we are not in compliance with Nasdaq’s minimum bid requirement, which could result in our stock being delisted from the Nasdaq Stock Market if we do not regain compliance. 

The trading of our common stock on the Nasdaq Stock Market depends on our meeting certain asset, revenue, and stock price tests. Since May 12, 2015, the closing bid price of our stock has remained below Nasdaq’s $1.00 per share minimum bid requirement. On June 25, 2015, we received a notice of deficiency from the Office of Nasdaq Qualifications indicating that if we do not comply with the minimum bid price rules by December 22, 2015, Nasdaq may delist our stock. Although we have announced that we intend to seek stockholder approval to implement a reverse stock split, there is no guarantee that the

35

proposed reverse stock split will obtain stockholder approval or be implemented and, if so, that it will lead to a sustained increase in the closing bid price of our stock. If we are unable to meet the continued listing requirements, the trading market and price for our common stock would be materially adversely affected. In addition, low-priced stocks are subject to additional risks, including potential loss of effective trading markets.

An impairment charge of goodwill could have a material adverse impact on our financial condition and results of operations.
Our balance sheet includes an amount designated as “goodwill” that represents a portion of our assets and our stockholders’ equity. In accordance with accounting guidance, we are required to compare the fair value of goodwill to its book value at least annually and more frequently if circumstances indicate a possible impairment. Our goodwill impairment analysis is sensitive to changes in key assumptions used in our analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and our stock price. The continued decline in our stock price and market capitalization could lead to an impairment charge to our long-lived assets, including goodwill. We cannot accurately predict the amount and timing of any impairment of goodwill or other intangible assets. However, the amount of any impairment could be significant and could have a material adverse impact on our financial condition and results of operations for the period in which the charge is taken.
The trading price of our stock may be adversely affected if the announced exploration of financial strategies and strategic alternatives does not result in a transaction or results in a transaction different from what the market may be expecting. In addition, this process may have an adverse impact on our business operations and, therefore, on our operating results or financial outlook.

On August 6, 2015, we announced that our Board of Directors has authorized its strategic committee of independent directors to identify, evaluate and pursue the feasibility and relative merits of various financial strategies. The Strategic Committee plans to consider a wide range of available options, including, among other things, partnerships, strategic business model alternatives, recapitalization, disposition of one or more corporate assets, or a possible business combination or sale of Echelon, in addition to continued pursuit of Echelon as a stand-alone entity. Echelon has engaged Goldman Sachs & Co. as its financial advisor in support of these activities.

There are various risks and uncertainties that this process may cause, such as:
•
distracting management from the day-to-day operations of the business, which may adversely affect our operations;
•
consuming time and resources from our normal business operations, which may result in missing or not executing on near or long-term business opportunities; and
•
creating perceived uncertainties as to our future direction, which may result in increased difficulties and expense in recruiting and retaining employees, particularly senior management, and may impact our relationships with customers and vendors.

In addition, if our exploration of strategic alternatives does not result in a transaction or, alternatively, results in a transaction different than what the market expects, it is likely that the trading price of our stock will be adversely affected. Any of these risks or uncertainties could adversely affect the Company’s business, financial condition, results of operations or cash flows. There can be no assurance that the Board of Directors’ exploration of strategic alternatives will result in the entering or consummation of any transaction or any change in the Company’s overall structure or its business model, or that any transaction or change will enhance shareholder value. Any transaction that is ultimately completed may not deliver the anticipated benefits or enhance shareholder value.
Our executive officers and technical personnel are critical to our business.
Our success depends substantially on the performance of our executive officers and key employees. Due to the specialized technical nature of our business, we are particularly dependent on our Chief Executive Officer and other executive officers, as well as our technical personnel. Our future success will depend on our ability to attract, integrate, motivate and retain qualified executive, managerial, technical, sales, and operations personnel, particularly given the overall economic climate and the emphasis on reducing expenses at our company.
Competition for qualified personnel in our business areas is intense, and we may not be able to continue to retain qualified executive officers and key personnel and attract new officers and personnel when necessary. These challenges may be exacerbated by our depressed stock price, potential delisting from Nasdaq, and perceived uncertainty around the announcement that Goldman Sachs is exploring strategic alternatives available to the Company. Our product development and marketing functions are largely based in Silicon Valley, which is a highly competitive marketplace. It may be particularly difficult to

36

recruit, relocate and retain qualified personnel in this geographic area. Moreover, the cost of living, including the cost of housing, in Silicon Valley is known to be high. Because we are legally prohibited from making loans to executive officers, we will not be able to assist potential key personnel as they acquire housing or incur other costs that might be associated with joining our company. In addition, if we lose the services of any of our key personnel and are not able to find suitable replacements in a timely manner, our business could be disrupted, other key personnel may decide to leave, and we may incur increased operating expenses in finding and compensating their replacements.
Emerging markets are particularly dynamic and highly competitive, and we may lose sales to our competitors, which would harm our revenues and results of operations.
Particularly in new markets like the IIoT, competition is intense and involves rapidly changing technologies, evolving industry standards, frequent new product introductions, industry consolidations, effective management of distribution channels, rapid changes in customer or regulatory requirements, and localized market requirements. In each of our existing and new target markets, we compete with a wide array of manufacturers, vendors, strategic alliances, systems developers and other businesses. The future of our IIoT business depends significantly on our ability to react to changing customer needs by enhancing our existing products and developing new products. There can be no guarantee, however, that new products and product enhancements will be accepted by businesses and consumers. If we make investments in technologies that do not gain market acceptance, our business may not grow as anticipated. In addition, future product offerings by our competitors can render our products obsolete. Any failure to evolve with emerging technologies and our competitors could cause a loss of market share and result in declining revenues.

The principal competitive factors that affect the markets for our products include the following:

•
our ability to anticipate changes in customer or regulatory requirements and to develop, or improve our products to meet these requirements in a timely manner;
•
the price and features of our products such as adaptability, scalability, functionality, ease of use, and the ability to integrate with other products;
•
our product reputation, quality, performance, and conformance with established industry standards;
•
our ability to expand our product line to address our customers’ requirements;
•
our ability to effectively manage and expand our distribution channels to address new markets for current and future products;
•
our ability to meet a customer’s required delivery schedules;
•
a customer’s willingness to do business with us because of our size and perceived concerns regarding our liquidity and financial strength relative to our competitors;
•
the risk of industry consolidation, which is particularly high in emerging markets such as the IIoT;
•
our customer service and support;
•
warranties, indemnities, and other contractual terms; and
•
customer relationships and market awareness.
Competitors for our IIoT products include some of the largest companies in the electronics industry, operating either alone or together with trade associations and partners. Key company competitors include companies such as Cree Inc., Digi International, General Electric, LED Roadway Lighting, Maxim Integrated Products, Philips, Siemens, Silver Spring Networks, STMicroelectronics, Texas Instruments, and Tridium. Key industry standard and trade group competitors include BACnet, DALI, DeviceNet, HART, Konnex, Profibus, ZigBee, and the ZWave Alliance in the IIoT market. Each of these standards and/or alliances is backed by one or more competitors. For example, the ZigBee alliance includes over 300 member companies with promoter members, such as Ember, Emerson, Freescale, Kroger, Landis+Gyr (a subsidiary of Toshiba), Philips, Reliant Energy, Schneider Electric, STMicroelectronics, Tendril, and Texas Instruments. Additionally, because we are operating in an emerging market, it is likely that additional competitors will surface rapidly.
Many of our competitors, alone or together with their trade associations and partners, have significantly greater financial, technical, marketing, service and other resources, significantly greater name recognition, and broader product offerings; this may impact a customer’s willingness to do business with us. If we are unable to compete effectively in any of the markets we serve, our revenues, results of operations, and financial position would be harmed.

37

The sales cycle for our IIoT products is lengthy and unpredictable.
The sales cycle between initial IIoT customer contact and execution of a contract or license agreement with a customer or purchaser of our products, can vary widely. Initially, we must educate our customers about the potential applications of and cost savings associated with our products. If we are successful in this effort, OEMs typically conduct extensive and lengthy product evaluations before making a decision to design our products into their offerings. Once the OEM decides to incorporate our products, volume purchases of our products are generally delayed until the OEM’s product development, system integration, and product introduction periods have been completed. In addition, changes in our customers’ budgets, or the priority they assign to control network development, could also affect the sales cycle.
Potential customers for our IIoT products, including automated smart lighting, include local, state and federal government authorities. For several reasons, sales to government authorities can be extended and unpredictable. Government authorities generally have complex budgeting, purchasing, and regulatory processes that govern their capital spending, and their spending is likely to be adversely impacted by continuation of challenging economic conditions. In addition, in many instances, sales to government authorities may require field trials and may be delayed by the time it takes for government officials to evaluate multiple competing bids, negotiate terms, and award contracts. We further face the risk of cancellation during development and production due to regulatory, government and geopolitical changes, and delays in installing, operating, and evaluating the results of any field trials before full implementation of our products.
For these reasons, the sales cycle associated with our IIoT products is subject to a number of significant risks that are beyond our control. Consequently, if our forecasted customer orders are not realized, our revenues could be materially adversely affected. In addition, the extended sales cycle may result in our inability to recognize revenue from existing or new projects until the end of several fiscal quarters. This may increase the volatility of our stock price.
If we are not able to develop or enhance our products in a timely manner, our revenues will suffer.
Due to the nature of development efforts in general, we can experience delays in the introduction of new or improved products beyond our original projected shipping date for such products. Historically, when these delays have occurred, we experienced an increase in our development costs and a delay in our ability to generate revenues from these new products. In addition, such delays could cause us to incur penalties if our deliveries are delayed, could otherwise impair our relationship with any of our customers that were relying on the timely delivery of our products in order to complete their own products or projects, or could cause the customer to cancel orders or to seek alternate sources of supply or other remedies. Any delay in the introduction of new products could impact future revenue targets or forecasts.
We are sometimes required to modify our products to meet local rules and regulations. We may not be able to increase the price of such products to reflect the costs of such modifications, given competitive markets. In addition, given the long-term nature of development activities, we may be required to undertake such modifications prior to receiving firm commitments or orders from our customers. In either of these or other similar scenarios, we may not be able to recover our costs attributable to required product modifications.
We intend to expand our development activities, which will expose us to risks, such as protection of intellectual property, investment risk, and labor costs and other matters. We could also be adversely affected by delays or cost increases experienced by third parties that are developing products on our behalf.
If we do not develop and maintain adequate distribution channels, our revenues will be harmed.
The market for our products is new and unproven, and we cannot rely solely on our existing distributors to sell our products. Therefore, we are focused on expanding our distribution channel to include new distributors in order to generate revenue from product sales. We expect that the distribution channel for our products will be dispersed and it is difficult to predict how long it will take and how costly it will be to develop. We may not be successful in developing and maintaining adequate distribution channels within our expected timeframe and cost expectations, if at all. In addition, if any of our new or existing distributor partners fail to dedicate sufficient resources to market and sell our products, our revenues would suffer. Furthermore, if our existing distributor partners were to significantly reduce their inventory levels for our products, we could expect a decrease in service levels to our end-use customers.

38

Sales of our products may fail to meet our financial targets, which would negatively impact our results of operations and expected return on investment in the IIoT market.
We have invested and intend to continue to invest significant resources in the development and sales of products in the emerging IIoT market. If we are unable to receive orders for, ship, and recognize revenue for our products in a timely manner, and in the quantities and at prices in line with our targets, our financial results will be harmed. Our long-term financial goals include expectations for a return on these investments, but we may or may not ever realize any return whatsoever on this investment of resources. Our market share in our existing building automation business has reduced due to increased competition, reduced levels of investment in our LONWORKS product line, and pricing pressures faced around the world.

In order to achieve our financial targets, we must meet the following objectives:

•
Achieve acceptance of our products in the IIoT market;
•
Achieve acceptance of our products in our target markets in order to increase our revenues;
•
Manage our operating expenses to a reasonable percentage of revenues; and
•
Manage our cash resources prudently.

Even if we meet these objectives, there can be no assurance that we will meet our overall financial targets and objectives.
Even though we have decreased our operating expenses as a result of selling our Grid business, a significant portion of our operating expenses are fixed. Therefore, if we cannot achieve our revenue targets, our use of cash balances would increase, our losses would increase, and/or we would be required to take additional actions necessary to reduce expenses. We cannot assure you that we will meet any or all of these objectives to the extent necessary to achieve our financial goals and, if we fail to achieve our goals, our results of operations are likely to be harmed.
We may be unable to promote and expand acceptance of our open, interoperable control systems over competing protocols, standards, or technologies.
LONWORKS and IzoT technology are open, meaning that many of our technology patents are broadly licensed without royalties or license fees. As a result, our IIoT customers are able to develop hardware and software solutions that compete with some of our products. Because some of our customers are OEMs that develop and market their own control systems, these customers, in particular, could develop competing products based on our open technology. For instance, we have published all of the network management commands required to develop software that competes with our LNS software.
In addition, many of our IIoT competitors are dedicated to promoting closed or proprietary systems, technologies, software and network protocols or product standards that differ from or are incompatible with ours. We also face strong competition from large trade associations that promote alternative technologies and standards for particular vertical applications or for use in specific countries. These include BACnet, DALI, and KNX in the buildings market; DeviceNet, HART, and ProfiBus in the industrial controls market; TCN in the rail transportation market; and Echonet, ZigBee, and Z-Wave in the home control markets.
The ability of our products to interoperate with multiple standards is important to our success. Our technologies, protocols, or standards may not be successful or we may decide not to invest our resources at the levels required in order to compete with new or enhanced products or standards introduced by our IIoT product line competitors, which would have a material adverse effect on our revenues, results of operations, and financial condition.
Our business depends on the Internet and its continued access and development.
The growth of our business depends on the continued development of the Internet, particularly the technology and products required to connect every day devices to the Internet, expanding and enabling the IIoT market opportunities. Any global or domestic economic slowdown or general economic uncertainty may impact spending on the Internet and its infrastructure, which may have a material adverse effect on our revenue. While the operation of many of our IIoT products relies on functional Internet communications, we do not control the future performance of Internet communications. As a result, it is difficult to quantify the impact of any future security or performance problems associated with the Internet on our products and revenues.
Access to the Internet also remains a key component of the IIoT market. State, federal and foreign regulators could adopt laws and regulations that impose additional burdens on companies that conduct business over the Internet. The growth and development of the market for online services may prompt calls for more stringent consumer protection laws or laws that may

39

inhibit the use of Internet-based communications or the information contained in these communications. The adoption of any additional laws or regulations may impact the growth of the IIoT market. Any new legislation or regulations, application of laws and regulations from jurisdictions whose laws do not currently apply to our business, or application of existing laws and regulations to the IIoT and other related services could increase our costs and harm our growth. In particular, there is increasing focus on privacy and data security regulations applicable to the IoT. For example, the Federal Trade Commission released a report on January 27, 2015 with recommendations for privacy and data security recommendations applicable to connected devices, objects and sensors. In addition, the EU intends to new, stricter standards around privacy and data security. We may be required to re-engineer our products and incur additional costs to comply with new regulations, any of which would negatively impact our business.

If our IIoT solutions become subject to cyber-attacks, or if public perception is that they are vulnerable to cyber-attacks, our reputation and business would suffer.

We have designed our IIoT products and solutions products to interoperate with other third party products and systems.  Although we attempt to safeguard our products and solutions from cybersecurity threats, the potential for cyber security attacks continues to evolve in scope and frequency. There is a heightened focus on security in the market and this is a key area of focus for us and our customers.

Advances in and expanding availability of technical tools to enable cybersecurity attacks, and increasing sophistication of the threats, deepen the risk of potential security failures.  This risk expands as new protocols and devices are implemented into our products and systems, and as customer requirements evolve.  Should our products or solutions, or the combination of our products into third party systems, fail to prevent or be unable to withstand any such threats or cyber-attacks, or if our partners or customers fail to safeguard the technologies, products or the systems with adequate security policies or otherwise, our business and reputation may be harmed.

We have attempted to design certain of our products to prevent and monitor unauthorized access, misuse, modification or other activities related to those products and the systems into which the products are intended to be placed. Despite our security measures, our products or systems may be subject to unauthorized break ins, viruses, disruptions, high-jacking, cyber terrorism, misuse, or other unauthorized tampering or modification. Should our products fail to perform, or be unable to withstand a cyber-attack, our company could face legal liability, and encounter material adverse financial and reputational harm.

In addition, we believe that there could be incidents of security breaches in the future which could receive a high degree of publicity and visibility, regardless of whether or not the problem is due or related to the performance of our particular products or systems.  Any such publicity could have a negative effect on public confidence, or cause a perception that our solutions are or could be subject to similar attacks or breaches, and our business, operating results and financial condition may be materially adversely affected. Such an event could also result in a material adverse effect on the market price of our common stock, independent of the direct effects on our business.

Furthermore, because some of the information collected by some of our solutions, is or could be considered confidential consumer information in some jurisdictions, a cyber-attack could cause a violation of applicable privacy, consumer or security laws, which could cause our company to face financial or legal liability, should a security breach occur, which could have a material adverse effect on the Company.

We are dependent on technology systems and third-party content that are beyond our control.

Our success in the IIoT market will depend in part on the availability of online services and Internet connections to facilitate data transmission.  In most instances, these services will be provided by third parties and will be outside of our control.  For example, many of our customers rely on the capacity, reliability and security of wireless networks owned and controlled by third parties to use our IIoT products. However, the price of access and operational integrity of online services, wireless networks and Internet connections are beyond our control. As a result, it may be difficult to identify the source of problems if they occur. Even when we are not responsible for connectivity or other problems, users of our products may attribute the problem to us. This could diminish our brand and harm our business, divert the attention of our technical personnel from our product development efforts or cause significant customer relations problems.

Information Technology system security failures, cyber-attacks, and other technological breaches could cause harms to the Company.

We also rely on the security of our third party providers to protect our proprietary information and information of our customers.  Information technology system failures, including a breach of our or our third party providers’ data security, could

40

disrupt our ability to function in the normal course of business by potentially causing, among other things, an unintentional disclosure of customer information.  Despite our implementation of security measures or those of our third party providers, information systems may be vulnerable to threats such as computer hacking, cyber-terrorism or other unauthorized attempts by third parties to access, modify or delete our or our customers’ data or otherwise disrupt our systems.   Any such breach could have a material adverse effect on our business, operating results and our reputation as a provider of data collection, and secure and reliable device connection, collaboration and communications solutions, including legal claims for damages or injunctive relief under state, federal and foreign laws, reputational damage, and decreased revenues.

We have designed our IIoT products and solutions products to interoperate with other third party products and systems.  Although we attempt to safeguard our products and solutions from cybersecurity threats, the potential for cyber security attacks continues to evolve in scope and frequency.
We are dependent on our outsourcing arrangements and manufacturing relationships.

We are dependent on third-party providers for the manufacturing of most of our products requiring assembly. We also rely on third parties for portions of our development activities. Many of these third-party providers are located in markets that are subject to political risk, intellectual property misappropriation, corruption, infrastructure problems and natural disasters in addition to country specific privacy and data security risks, given current legal and regulatory environments. The failure of these service providers to meet their obligations and adequately deploy business continuity plans in the event of a crisis and/or the development of significant disagreements, natural or man-made disasters or other factors that materially disrupt our ongoing relationship with these providers could negatively affect our operations.

Because we depend on a limited number of key suppliers and in certain cases, a sole supplier, the failure of any key supplier to produce timely and compliant products could result in a failure to ship products, or could subject us to higher prices, which would harm our results of operations and financial position.

Our future success will depend significantly on our ability to timely manufacture our products cost effectively, in sufficient volumes, and in accordance with quality standards. For most of our products requiring assembly, we rely on a limited number of contract electronic manufacturers (CEMs), principally Bel-Fuse (formerly TYCO). These CEMs procure material and assemble, test, and inspect the final products to our specifications. This strategy involves certain risks, including reduced control over quality, costs, delivery schedules, availability of materials, components, finished products, and manufacturing yields. For example, an extended delay in the supply of a key component could disrupt the manufacturing of our products. Any such interruption in the supply of key components could therefore have a material adverse effect on our customer relationships and revenues. As a result of these and other risks, our CEMs could demand price increases for manufacturing our products. The Bel- Fuse factories, where our products are manufactured, are located in China. The Chinese government maintains programs, whereby labor rates for the manufacture of our products will increase over time. In addition, our agreements with our CEMs make us responsible for components and subassemblies purchased by the CEMs when based on our forecasts or purchase orders. Accordingly, we will be at risk for any excess and obsolete inventory purchased by our CEMs. Lastly, CEMs can experience turnover, instability, and lapses in manufacturing or component quality, exposing us to additional risks as well as missed commitments to our customers.
We also maintain manufacturing agreements with a limited number of semiconductor manufacturers for the production of key products. Cypress Semiconductor is the sole licensee, manufacturer and distributor for the Cypress Neuron, which is an important part of the LONWORKS portfolio. As a result, we or our customers may experience longer lead times and higher pricing for these parts, which could result in reduced orders for our products from these same customers. In addition, Cypress Semiconductor could decide to reduce or cease production of the Neuron chip in the future, at any time, with or without advance notice to us.
The FT 5000 free topology transceiver and the Neuron 5000 are sole sourced from the Taiwan Semiconductor Manufacturing Company (TSMC) foundry through our aggregator Open Silicon. In addition, we currently purchase several key products and components from sole or limited source suppliers with which we do not maintain signed agreements that would obligate them to supply to us on negotiated terms. Any sole source relationship could make us vulnerable to price increases, particularly where we do not maintain long-term supply agreements with the supplier, or to supply disruptions that would result if the supplier issued an end of life notice with respect to a key product.
We are continuing to review the impact that economic factors are having on our suppliers. Some of these suppliers are large, well-capitalized companies, while others are smaller and more highly leveraged. In order to mitigate these risks, we may take actions such as increasing our inventory levels and/or adding additional sources of supply. Such actions may increase our

41

costs and increase the risk of excess and obsolete inventories. Even if we undertake such actions, there can be no assurance that we will be able to prevent any disruption in the supply of goods and services we receive from these suppliers.

We may also elect to change any of these key suppliers. As part of such a transition, we may be required to purchase certain raw material and in-process inventory from the existing supplier and resell it to the new source. In addition, if any of our key suppliers were to stop manufacturing our products or supplying us with our key components, it could be expensive and time consuming to find a replacement. Also, as our business grows, we will be required to expand our business with our key suppliers or find additional sources of supply. There is no guarantee that we would be able to find acceptable alternative or additional sources. Additional risks that we face if we must transition between CEMs include:

•
moving raw material, in-process inventory, and capital equipment between locations, some of which may be in different parts of the world;
•
reestablishing acceptable manufacturing processes with a new work force; and
•
exposure to excess or obsolete inventory held by contract manufacturers for use in our products.
The failure of any key manufacturer to produce a sufficient number of products on time, at agreed quality levels, and fully compliant with our product, assembly and test specifications could result in our failure to ship products, which would adversely affect our revenues and gross profit, and could result in claims against us by our customers, which could harm our results of operations and financial position.

Because our products use components or materials that may be subject to price fluctuations, shortages, interruptions of supply, or discontinuation, we may be unable to ship our products in a timely fashion, which would adversely affect our revenues, harm our reputation and negatively impact our results of operations.

We may be vulnerable to price increases for products, components, or materials, such as silver, copper, and cobalt. We generally do not enter into forward contracts or other methods of hedging against supply risk for these items. In addition, we have in the past and may in the future occasionally experience shortages or interruptions in supply for certain of these items, including products or components that have been or will be discontinued, which can cause us to delay shipments beyond targeted or announced dates. We have also recently reduced our inventory levels, which could impact our ability to supply our customers with products in a timely manner if there was an unexpected increase in demand. Such shortages or interruptions could result from events outside our control, as was the case with the earthquake and tsunami in Japan in March 2011. To help address these issues, we may decide from time to time to purchase quantities of these items that are in excess of our estimated requirements. As a result, we could be forced to increase our excess and obsolete inventory reserves to provide for these excess quantities, which could harm our operating results. In addition, if a component or other product goes out of production, we may be required to requalify substitute components or products, or even redesign our products to incorporate an alternative component or product.
If we experience any shortage of products or components of acceptable quality, or any interruption in the supply of these products or components, or if we are not able to procure them from alternate sources at acceptable prices and within a reasonable period of time, our revenues, gross profits or both could decrease. In addition, under the terms of some of our contracts with our customers, we may also be subject to penalties if we fail to deliver our products on time.
We face operational and other risks associated with our international operations.

Risks inherent in our international business activities include, but are not limited to, the following:

•
timing of and costs associated with localizing products for foreign countries and lack of acceptance of non-local products in foreign countries;
•
that the nature and composition of our products may subject us to any number of additional legal requirements, which might include, but are not limited to, data privacy regulations, import/export regulations and other similar requirements;
•
inherent challenges in managing international operations;
•
the burdens of complying with a wide variety of foreign laws and any related implementation costs; the applicability of foreign laws that could affect our business or revenues, such as laws that purport to require that we return payments that we received from insolvent customers in certain circumstances; and unexpected changes in regulatory requirements, tariffs, and other trade barriers;
•
inherent cultural differences that could make it more difficult to sell our products or could result in allegations that sales activities have violated the U.S. Foreign Corrupt Practices Act or similar laws that prohibit improper payments in connection with efforts to obtain business;

42

•
the imposition of tariffs or other trade barriers on the importation of our products;
•
potentially adverse tax consequences, including restrictions on repatriation of earnings;
•
economic and political conditions in the countries where we do business;
•
differing vacation and holiday patterns in other countries, particularly in Europe;
•
increased costs of labor, particularly in China;
•
labor actions generally affecting individual countries, regions, or any of our customers, which could result in reduced demand for, or could delay delivery or acceptance of, our products; and
•
international terrorism.
Any of these factors could have a material adverse effect on our revenues, results of operations, and our financial condition.
We will likely incur additional costs in connection with the disposition of our interest in the Holley Metering joint venture.
As a result of the sale of our Grid business, we have decided to wind down our joint venture in Hangzhou, China with Holley Metering ("Holley"), a Chinese company with which we had been developing smart energy products for the Chinese market, as well as certain products for the rest of the world. This process will result in costs, the full amount of which is uncertain at this time, but that will negatively impact our cash flow.
Adverse changes in general economic or political conditions in any of the major countries in which we do business could adversely affect our business or operating results.

Our business can be affected by a number of factors that are beyond our control, such as general geopolitical, economic, and business conditions. In addition, political uncertainty in the countries where we seek to do business may impact the timing, as well as our ultimate ability, of obtaining new customers and implementing new systems.

In addition, there could be a number of follow-on effects from the credit crisis on our business, such as the insolvency of certain of our key customers, which could impair our distribution channels or result in the inability of our customers to obtain credit to finance purchases of our products.

This uncertainty about future economic and political conditions continues to make it difficult for us to forecast operating results and to make decisions about future investments. We continue to see the effects of the tentative economy on our IIoT revenues.

If economic activity in the U.S. and other countries’ economies remains weak, many customers may continue to delay, reduce, or even eliminate their purchases of networking technology products. This could result in reductions in sales of our products, longer sales cycles, slower adoption of our technologies, increased price competition, and increased exposure to excess and obsolete inventory. For example, distributors could decide to reduce inventories of our products. If conditions in the global economy, U.S. economy or other key vertical or geographic markets we serve remain uncertain or continue to be weak, we would experience material negative impacts on our business, financial condition, results of operations, cash flow, capital resources, and liquidity.
If we are unable to obtain additional funds when needed, our business could suffer.

Following the sale of our Grid business, we currently expect that our combined cash, cash equivalent, and short-term investment balances will decline as we implement our long-term strategic focus on the IIoT business.
As our cash balances decline, customers or potential customers may become less interested in doing business with our company, or we may not satisfy the financial criteria they have established for their suppliers. In addition, from time to time we may also decide to use a portion of our cash balances to settle alleged warranty issues that may arise with our customers or¸ as noted in the section regarding Legal Actions, in connection with litigation. We may do so even if we do not believe we have liability to our customers or in connection with such litigation, in order to limit our risk, reduce outlays to third party providers, and for administrative convenience. In the future, to the extent that our revenues grow or as we may determine necessary to maintain adequate supply levels, we may experience higher levels of inventory and accounts receivable, which will also use our cash balances. In addition, to the extent we plan to make alternate uses of our facilities, we may incur additional cash expenditures. In addition, we may use our cash reserves to strategically acquire or invest in other companies, products, or technologies that are complementary to our business. Lastly, our combined cash, cash equivalents, and short-term investment balances could be negatively affected by the various risks and uncertainties that we face, especially in light of our focus on the

43

nascent and emerging IIoT things market, and any changes in our planned cash outlay could negatively affect our existing cash reserves.

While we do not currently depend on access to the credit markets to finance our operations, there can be no assurance that the current state of the financial markets would not impair our ability to obtain financing in the future, including, but not limited to, our ability to draw on funds under our existing credit facilities or our ability to incur indebtedness or sell equity if that became necessary or desirable. In addition, if we do not meet our revenue targets, our use of our cash balances would increase due to the fact that a significant portion of our operating expenses are fixed. If we were not able to obtain additional financing when needed, or on acceptable terms, our ability to invest in additional research and development resources and sales and marketing resources could be adversely affected, which could hinder our ability to sell competitive products into our markets on a timely basis and harm our business.
Voluntary and/or industry standards and governmental regulatory actions in our markets could limit our ability to sell our products.
Standards bodies, which are formal and informal associations that attempt to set voluntary, non-governmental product standards, are influential in many of our target markets. We participate in many voluntary and/or industry standards organizations around the world in order to help prevent the adoption of exclusionary standards as well as to promote standards for our products. However, we do not have the resources to participate in all standards processes that may affect our markets and our efforts to influence the direction of those standards bodies in which we do participate may not be successful. Many of our competitors have significantly more resources focused on standards activities and may influence those standards in a way that would be disadvantageous to our products and thereby make it difficult for us to achieve our business and financial objectives.
Many of our products and the industries in which they are used are subject to U.S. and foreign regulation. In addition, the markets for our IIoT products may experience a movement towards standards based protocols driven by governmental action, such as those being considered in the U.S. by NIST . To the extent that we do not adopt such protocols or do not succeed in achieving adoption of our own protocols as standards or de facto standards, sales of our IIoT products may be adversely affected. Moreover, even if our own protocols are adopted as standards, we run the risk that we could lose business to competing implementations.

The adoption of voluntary and/or industry standards or the passage of governmental regulations, for example by state utility commissions or national regulatory bodies such as FERC in the United States and PTB or BSI in Germany, that are incompatible with our products or technology could limit the market opportunity for our products or result in increased costs, which could harm our revenues, results of operations, and financial condition.
We are subject to numerous governmental regulations concerning the manufacturing and use of our products. We must stay in compliance with all such regulations and any future regulations. Any failure to comply with such regulations, and the unanticipated costs of complying with future regulations, may adversely affect our business, financial condition, and results of operations.
We manufacture and sell products incorporating electronic components that may contain materials that are subject to government regulation in the locations in which our products are manufactured and assembled, as well as the locations where we sell our products. Since we operate on a global basis, maintaining compliance with regulations concerning the materials used in our products is a complex process that requires continual monitoring of regulations and ongoing compliance procedures. For example, in 2012 the European Union issued recast regulations regarding the Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment ("RoHS") and in 2014, the SEC rules requiring companies to publicly disclose their use of conflict minerals that originated in the Democratic Republic of the Congo (DRC) or an adjoining country (Rule for Disclosing Use of Conflict Minerals) also become effective. The adoption of any unanticipated new regulations that significantly impact the various components we use or require that we use more expensive components would have a material adverse impact on our business, financial condition and results of operations.
Our manufacturing processes, including the processes used by our suppliers, are also subject to numerous governmental regulations that cover both the use of various materials as well as environmental concerns. Since we and our suppliers operate on a global basis, maintaining compliance with regulations concerning our production processes is also a complex process that requires continual monitoring of regulations and ongoing compliance procedures. For example, environmental issues such as pollution and climate change have seen significant legislative and regulatory interest on a global basis. Changes in these areas could directly increase the cost of energy, which may have an impact on the way we or our suppliers manufacture products or use energy to produce our products. In addition, any new regulations or laws in the environmental area might increase the cost

44

of raw materials we use in our products. We are currently unable to predict how any such changes will impact us and if any such impact could be material to our business. Any new law or regulation that significantly increases our costs of manufacturing or causes us or our suppliers to significantly alter the way that our products are manufactured would have a material adverse effect on our business, financial condition and results of operations.
Liabilities resulting from defects in or misuse of our products, whether or not covered by insurance, may delay our revenues and increase our liabilities and expenses.
Our products are manufactured with highly complex electronic components and may, as a result, contain or may be alleged to contain errors or failures, including those relating to actual or potential security breaches. In addition, our customers or their installation partners may improperly install or implement our products, which could delay completion of a deployment or hinder our ability to win a subsequent award. Furthermore, because of the low cost and interoperable nature of our IIoT products, LONWORKS technology could be used in a manner for which it was not intended.
Even if we determine that an alleged error or failure in our products does not exist, we may incur significant expense and shipments and revenue may be delayed while we analyze the alleged error or failure. If errors or failures are found in our products, we may not be able to successfully correct them in a timely manner, or at all, and our reputation may suffer. Such errors or failures could delay our product shipments and divert our engineering resources while we attempt to correct them. In addition, we could decide to extend the warranty period, or incur other costs outside of our normal warranty coverage, to help address any known errors or failures in our products and mitigate the impact on our customers. For example, we could decide to replace defective products at a cost that is significantly higher than the value of the original products. This could delay our revenues and increase our expenses.
To address these issues, the agreements we maintain with our customers may contain provisions intended to limit our exposure to potential errors and omissions claims as well as any liabilities arising from them. However, our customer contracts may not effectively protect us against the liabilities and expenses associated with errors or failures attributable to our products.
Defects in our products may also cause us to be liable for losses in the event of property damage, harm or death to persons, claims against our directors or officers, and the like. For example, our automated smart outdoor lighting products operate in a variety of settings under diverse conditions that may present the risk of product failure, which could subject us to liability. For instance, a failure of our automated smart lighting product used by a customer to enhance security could subject us to liability in the event of unlawful activity by third parties. Moreover, our IIoT products may present risks beyond our control such as operational misuse that could ultimately subject us to liability. Such liabilities could harm our reputation, expose our company to liability, and adversely affect our operating results and financial position.
To help reduce our exposure to these types of liabilities, we currently maintain property, general commercial liability, errors and omissions, directors and officers, and other lines of insurance. However, it is possible that such insurance may not be available in the future or, if available, may be insufficient in amount to cover any particular claim, or we might not carry insurance that covers a specific claim. In addition, we believe that the premiums for the types of insurance we carry will continue to fluctuate from period to period. Significant cost increases could also result in increased premiums or reduced coverage limits. Consequently, if we elect to reduce our coverage, or if we do not carry insurance for a particular type of claim, we will face increased exposure to these types of claims.
We are exposed to credit risk and payment delinquencies on our accounts receivable, and this risk has been heightened during the ongoing decline in economic conditions.
We only recognize revenue when we believe collectability is reasonably assured. However, only a relatively small percentage of our outstanding accounts receivables are covered by collateral, credit insurance, or acceptable third-party guarantees. In addition, our standard terms and conditions require payment within a specified number of days following shipment of product, or in some cases, after the customer’s acceptance of our products. While we have procedures to monitor and limit exposure to credit risk on our receivables, there can be no assurance such procedures will effectively limit our credit risk and avoid losses. Additionally, when one of our resellers makes a sale to a utility, we face further credit risk, and we may defer revenue, due to the fact that the reseller may not be able to pay us until it receives payment from the utility. This risk could become more magnified during a particular fiscal period if the resellers facing credit issues represent a significant portion of our accounts receivable during that period. As economic conditions change and worsen, certain of our direct or indirect customers may face liquidity concerns and may be unable to satisfy their payment obligations to us or our resellers on a timely basis or at all, which would have a material adverse effect on our financial condition and results of operations. This risk is heightened in the event a limited number of our customers become a large source of our revenues and accounts receivable. As

45

a result of our uncertain customer base and the nascent markets in which we operate, this risk is hard to quantify at the present time.
We have limited ability to protect our intellectual property rights.
Our success depends significantly upon our intellectual property rights, which can vary significantly from jurisdiction to jurisdiction. We rely on a combination of patent, copyright, trademark and trade secret laws, non-disclosure agreements and other contractual provisions to establish, maintain and protect these intellectual property rights, all of which afford only limited protection, particularly in those countries that lack robust or accessible enforcement mechanisms. For example, we have in the past and may in the future form joint ventures with foreign companies, including those in China, where intellectual property mechanisms are generally less stringent than those found in the U.S. We have also outsourced certain development activities to third parties. If any of our patents fail to protect our technology, or if we do not obtain patents in certain countries, our competitors may find it easier to offer equivalent or superior technology. In addition, our trade secrets or other intellectual property that we license to third parties could be used improperly or otherwise in violation of the license terms.
We have also registered or applied for registration for certain trademarks, and will continue to evaluate the registration of additional trademarks as appropriate. If we fail to properly register or maintain our trademarks, or to otherwise take all necessary steps to protect our trademarks, the value associated with the trademarks may diminish. In addition, if we fail to protect our trade secrets or other intellectual property rights, we may not be able to compete as effectively in our markets.
Despite our efforts to protect our proprietary rights, unauthorized parties may attempt to copy aspects of our products or services or use information that we regard as proprietary, or it may not be economically feasible to enforce them. Any of our patents, trademarks, copyrights, trade secrets, or intellectual property rights could be challenged, invalidated or circumvented. In addition, we cannot assure you that we have taken or will take all necessary steps to protect our intellectual property rights. Third parties may also independently develop similar technology without breach of our trade secrets or other proprietary rights. In addition, the laws of some foreign countries, including several in which we operate or sell our products, do not protect proprietary rights to as great an extent as do the laws of the United States, and it may take longer to receive a remedy from a court outside of the United States. Also, some of our products are licensed under shrink-wrap license agreements that are not signed by licensees and therefore may not be binding under the laws of certain jurisdictions.
From time to time, litigation may be necessary to defend and enforce our proprietary rights. As a result, we could incur substantial costs and divert management resources, which could harm our business, regardless of the final outcome. Despite our efforts to safeguard and maintain our proprietary rights both in the United States and abroad, we may be unsuccessful in doing so. Also, the steps that we take to safeguard and maintain our proprietary rights may be inadequate to deter third parties from infringing, misusing, misappropriating, or independently developing our technology or intellectual property rights, or to prevent an unauthorized third party from misappropriating our products or technology.
Our business may suffer if it is alleged or found that our products infringe the intellectual property rights of others, or if we are unable to secure rights to use the intellectual property rights of others on reasonable terms.
We may be contractually obligated to indemnify our customers or other third parties that use our products in the event our products are alleged to infringe a third party’s intellectual property rights. From time to time, we may also receive notice that a third party believes that our products may be infringing patents or other intellectual property rights of that third party. Responding to those claims, regardless of their merit, can be time consuming, result in costly litigation, divert management’s attention and resources, and cause us to incur significant expenses. We do not insure against infringement of a third party’s intellectual property rights.
As the result of such a claim, we may elect or be required to redesign our products that are alleged to infringe the third party’s patents or other intellectual property rights, which could cause those product offerings to be delayed. Or we could be required to cease distributing those products altogether. In the alternative, we could seek a license to the third party’s intellectual property. Even if our products do not infringe, we may elect to take a license or settle to avoid incurring litigation costs. However, it is possible that we would not be able to obtain such a license or settle on reasonable terms, or at all.
In some cases, even though no infringement has been alleged, we may attempt to secure rights to use the intellectual property rights of others that would be useful to us. We cannot guarantee that we would be able to secure such rights on reasonable terms, or at all.
Lastly, our customers may not purchase our products if they are concerned our products may infringe third party intellectual property rights. This could reduce the market opportunity for the sale of our products and services.

46

Any of the foregoing risks could have a material adverse effect on our revenues, results of operations, and financial condition.
We face currency risks associated with our international operations.
We have operations located in seven countries and our products are sold in many more countries around the world. Revenues from international sales, which include both export sales and sales by international subsidiaries, accounted for about 72%, 74% and 75%, of our total revenues for the years ended December 31, 2014, 2013, and 2012, respectively. Although we have sold our Grid business, we expect that international sales will continue to constitute a significant portion of our total net revenues. Given our high dependency on sales of our products into Europe, the ongoing escalation in the financial crisis in that region could adversely affect our financial results significantly.
Changes in the value of currencies in which we conduct our business relative to the U.S. dollar have caused and could continue to cause fluctuations in our reported financial results. The three primary areas where we are exposed to foreign currency fluctuations are revenues, cost of goods sold, and operating expenses.
In general, we sell our products to foreign customers primarily in U.S. dollars. As such, fluctuations in exchange rates have had, and could continue to have, an impact on revenues. If the value of the dollar rises, our products will become more expensive to our foreign customers, which could result in their decision to postpone or cancel a planned purchase.
With respect to the relatively minimal amount of our revenues generated in foreign currencies, our historical foreign currency exposure has been related primarily to the Japanese Yen and has not been material to our consolidated results of operations. However, we will face increased exposure to foreign currency risk if, in the future, our foreign customers require us to price our products in a local currency.
In addition, for our cost of goods sold, our products are generally assembled by CEMs in China. Although our transactions with these companies are presently denominated in U.S. dollars, in the future they may require us to pay in their local currency, or demand a U.S. dollar price adjustment or other payment to address a change in exchange rates, which would increase our cost to procure our products. This is particularly a risk in China, where any future revaluations of the Chinese currency against the U.S. dollar could result in significant cost increases. In addition, increases in labor costs in the markets where our products are manufactured could also result in higher costs to procure our products. For example, China has recently experienced overall wage increases, which our CEMs have generally passed along to us.
We use the local currency to pay for our operating expenses in the various countries where we have operations. If the value of the U.S. dollar declines as compared to the local currency where the expenses are incurred, our expenses, when translated back into U.S. dollars, will increase.
To date, we have not hedged any of our foreign currency exposures and currently do not maintain any hedges to mitigate our foreign currency risks. Consequently, any resulting adverse foreign currency fluctuations could significantly harm our revenues, cost of goods sold, or operating expenses.
Fluctuations in our operating results may cause our stock price to decline.

Our quarterly and annual results have varied significantly from period to period, and we have sometimes failed to meet securities analysts’ expectations. Moreover, we have a history of losses and negative cash flow and cannot assure you that we will achieve sustained profitability in the future. Our future operating results will depend on many factors, many of which are outside of our control, including the following:

•
orders may be cancelled;
•
the mix of products and services that we sell may change to a less profitable mix;
•
shipment, payment schedules, and product acceptance may be delayed;
•
our products may not be purchased by OEMs, systems integrators, service providers and end-users at the levels we project;
•
our ability to develop products that comply with future regulations and trade association guidelines;
•
the revenue recognition rules relating to certain of our products could require us to defer some or all of the revenue associated with product shipments until certain conditions, such as delivery and acceptance criteria for our software and/or hardware products, are met in a future period;
•
our CEMs may not be able to provide quality products on a timely basis, especially during periods where capacity in the CEM market is limited;

47

•
our products may not be manufactured in accordance with specifications or our established quality standards, or may not perform as designed;
•
downturns in any customer’s or potential customer’s business, or declines in general economic conditions, could cause significant reductions in capital spending, thereby reducing the levels of orders from our customers;
•
successful implementation of our new enterprise resource planning (ERP) system;
•
we may incur costs associated with any future business acquisitions; and
•
any future impairment charges related to goodwill, other intangible assets, and other long-lived assets, as well as costs or impairment charges associated with leasing excess facilities, required to be recorded under generally accepted accounting principles in the United States may negatively affect our earnings and financial condition.
Any of the above factors could, individually or in the aggregate, have a material adverse effect on our results of operations and our financial condition, which could cause our stock price to decline.
Natural disasters, power outages, and other factors outside of our control such as widespread pandemics could disrupt our business.
We must protect our business and our network infrastructure against damage from earthquake, flood, hurricane and similar events, as well as from power outages. A natural disaster, power outage, or other unanticipated problem could also adversely affect our business by, among other things, harming our primary data center or other internal operations, limiting our ability to communicate with our customers, limiting our ability or our partners’ or customers’ ability to sell or use our products, affecting our third party developer’s ability to complete developments on schedule or at all, or affecting our suppliers’ ability to provide us with components or products. For example, the 2011 earthquake and tsunami in Japan adversely impacted our revenues from customers located in Japan and/or our ability to source parts from companies located in Japan. Shortly after the earthquake, we received notice from Toshiba (one of two manufacturers of the Neuron Chip - an important component that we and our customers use in control network devices), that they would no longer be able to manufacture Neuron Chips due to earthquake damage suffered at the semiconductor manufacturing facility that produced the Neuron Chips. However, the abrupt termination of Toshiba’s Neuron Chip manufacturing capability caused a disruption in supply and an increase in prices from the remaining supplier, Cypress Semiconductor. Consequently, there is a risk that the events in Japan could ultimately reduce demand for certain of our transceiver products, which are used in conjunction with Neuron Chips in developing control network devices by our customers. Such a reduction in demand could negatively impact our results of operations and financial condition. We do not insure against several natural disasters, including earthquakes.
Any outbreak of a widespread communicable disease pandemic, such as the outbreak of the H1N1 influenza virus in 2009, could similarly impact our operations. Such impact could include, among other things, the inability for our sales and operations personnel located in affected regions to travel and conduct business freely, the impact any such disease may have on one or more of the distributors for our products in those regions, and increased supply chain costs. Additionally, any future health-related disruptions at our third-party contract manufacturers or other key suppliers could affect our ability to supply our customers with products in a timely manner, which would harm our results of operations.
ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS
We have not experienced any material change in our exposure to interest rate and foreign currency risks since the date of our Annual Report on Form 10-K for the year ended December 31, 2014.
Market Risk Disclosures. The following discussion about our market risk disclosures involves forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. We are exposed to market risk related to changes in interest rates and foreign currency exchange rates. We do not use derivative financial instruments to hedge these exposures.
Interest Rate Sensitivity. We maintain a short-term investment portfolio consisting mainly of fixed income securities with a weighted average maturity of less than one year. These available-for-sale securities are subject to interest rate risk and will fall in value if market interest rates increase. If market rates were to increase immediately and uniformly by 10% from levels at September 30, 2015 and December 31, 2014, the fair value of the portfolio would decline by an immaterial amount. We currently intend to hold our fixed income investments until maturity, and therefore we would not expect our operating results or cash flows to be affected to any significant degree by a sudden change in market interest rates. However, if necessary, we may sell short-term investments prior to maturity to meet the liquidity needs of the company.
Foreign Currency Exchange Risk. We have international subsidiaries and operations and are, therefore, subject to foreign currency rate exposure. To date, our exposure to exchange rate volatility has not been significant. If foreign exchange rates

48

were to fluctuate by 10% from rates at September 30, 2015, and December 31, 2014, our financial position and results of operations would not be materially affected. However, we could experience a material impact in the future.
In addition, for our cost of goods sold, our products are generally assembled by CEMs in China, although our transactions with these vendors have historically been denominated in U.S. dollars. These vendors may require us to pay in their local currency, or demand a U.S. dollar price adjustment or other payment to address a change in exchange rates, which would increase our cost to procure our products. This is particularly a risk in China, where any future revaluations of the Chinese currency against the U.S. dollar could result in significant cost increases.
ITEM 4.    CONTROLS AND PROCEDURES
Evaluation of Effectiveness of Disclosure Controls and Procedures
We have designed our disclosure controls and procedures to ensure that information we are required to disclose in reports that we file or submit under the Securities and Exchange Act of 1934 is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure, and that such information is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. As of the end of the period covered by this Quarterly Report on Form 10-Q, under the supervision of our Chief Executive Officer and our Chief Financial Officer, we evaluated the effectiveness of our disclosure controls and procedures, as such terms are defined in Rule 13a-15(e) and Rule 15d-15(e) under the Securities and Exchange Act of 1934. Based on this evaluation, our Chief Executive Officer and our Chief Financial Officer have concluded that our disclosure controls and procedures were effective as of September 30, 2015.
Changes in Internal Control Over Financial Reporting

During the quarter ended September 30, 2015, we had a change in our internal control over financial reporting that occurred as a result of our implementation of a new ERP system that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. Our new ERP system has replaced our legacy system, which was where a significant portion of our business transactions originate, are processed, and recorded. Our new ERP system is intended to provide us with enhanced transactional processing and management tools compared to our legacy system and is intended to enhance internal control over financial reporting. We believe it will function as an important component of our disclosure controls and procedures.

49

PART II. OTHER INFORMATION
ITEM 1.
LEGAL PROCEEDINGS

For a discussion regarding our legal proceedings and matters, please refer to the “Legal Actions” section of Note 8 Commitments and Contingencies, to our condensed consolidated financial statements included under Item 1 of Part I, Financial Information, which information is incorporated herein by reference.
ITEM 1A.
RISK FACTORS

A restated description of the risk factors associated with our business is included under “Factors That May Affect Future Results of Operations” in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” contained in Item 2 of Part I of this report. This description includes any material changes to and supersedes the description of the risk factors associated with our business previously disclosed in Item 1A of our 2014 Annual Report on Form 10-K and is incorporated herein by reference.
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides information about the repurchase of our common stock during the quarter ended September 30, 2015:
Period
Total Number of Shares Purchased (1)
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1)
July 1 - July 31
437

$
0.69

—

—

August 1 - August 31
26,586

$
0.63

—

—

September 1 - September 30
5,776

$
0.58

—

—

Total
32,799

$
0.63

—

—

(1)
Shares purchased represent those shares surrendered to us by employees in order to satisfy stock-for-stock option exercises and/or withholding tax obligations related to stock-based compensation.

50

ITEM 6.    EXHIBITS

Exhibit
No.

Description of Document
 
 
31.1
Certificate of Echelon Corporation Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2
Certificate of Echelon Corporation Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32
Certification by the Chief Executive Officer and the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, furnished herewith.
101.INS+
XBRL Instance Document
101.SCH+
XBRL Taxonomy Extension Schema
101.CAL+
XBRL Taxonomy Extension Calculation Linkbase
101.DEF+
XBRL Taxonomy Extension Definition Linkbase

101.LAB+
XBRL Taxonomy Extension Label Linkbase
101.PRE+
XBRL Taxonomy Extension Presentation Linkbase
+
The financial information contained in these XBRL documents is unaudited and is furnished, not filed with the Securities and Exchange Commission.


51

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
 
 
 
ECHELON CORPORATION
Date:
November 9, 2015
 
By:
/s/ C. Michael Marszewski
 
 
 
 
C. Michael Marszewski
Vice President and Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer)


52

EXHIBIT INDEX

Exhibit
No.

Description of Document
 
 
31.1
Certificate of Echelon Corporation Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2
Certificate of Echelon Corporation Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32
Certification by the Chief Executive Officer and the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, furnished herewith.
101.INS+
XBRL Instance Document
101.SCH+
XBRL Taxonomy Extension Schema
101.CAL+
XBRL Taxonomy Extension Calculation Linkbase
101.DEF+
XBRL Taxonomy Extension Definition Linkbase

101.LAB+
XBRL Taxonomy Extension Label Linkbase
101.PRE+
XBRL Taxonomy Extension Presentation Linkbase
+
The financial information contained in these XBRL documents is unaudited and is furnished, not filed with the Securities and Exchange Commission.



53
 EX-31.1 2 exhibit311-20150930.htm EXHIBIT 31.1 Exhibit


EXHIBIT 31.1
I, Ronald A. Sege, certify that:
1.
I have reviewed this quarterly report on Form 10-Q of Echelon Corporation;
2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly represent in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 
 
 
 
 
ECHELON CORPORATION
 
 
 
 
 
 
Date:
November 9, 2015
 
By:
 
/s/ Ronald A. Sege
 
 
 
 
 
Ronald A. Sege,
Chairman of the Board, President and Chief
Executive Officer (Principal Executive Officer)


 EX-31.2 3 exhibit312-20150930.htm EXHIBIT 31.2 Exhibit


EXHIBIT 31.2
I, C. Michael Marszewski, certify that:
1.
I have reviewed this quarterly report on Form 10-Q of Echelon Corporation;
2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly represent in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 
 
 
 
 
 
ECHELON CORPORATION
 
 
 
 
 
 
Date:
November 9, 2015
 
By:
 
/s/ C. Michael Marszewski
 
 
 
 
 
C. Michael Marszewski,
Vice President and Chief Financial Officer (Principal Financial Officer)


 EX-32 4 exhibit32-20150930.htm EXHIBIT 32 Exhibit


EXHIBIT 32
CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002*
I, Ronald A. Sege, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of Echelon Corporation on Form 10-Q for the fiscal quarter ended September 30, 2015 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Quarterly Report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Echelon Corporation.
 
 
 
 
 
 
ECHELON CORPORATION
 
 
 
 
 
 
Date:
November 9, 2015
 
By:
 
/s/ Ronald A. Sege
 
 
 
 
 
Ronald A. Sege,
Chairman of the Board, President and Chief Executive Officer
(Principal Executive Officer)
I, William R. Slakey, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of Echelon Corporation on Form 10-Q for the fiscal quarter ended September 30, 2015 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Quarterly Report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Echelon Corporation.
 
 
 
 
 
 
ECHELON CORPORATION
 
 
 
 
 
 
Date:
November 9, 2015
 
By:
 
/s/ C. Michael Marszewski
 
 
 
 
 
C. Michael Marszewski,
Vice President and Chief Financial Officer
(Principal Financial Officer)
*
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Echelon Corporation and will be retained by Echelon Corporation and furnished to the Securities and Exchange Commission or its staff upon request.
 
This certification accompanies this Form 10-Q to which it relates, is not deemed filed with the Securities and Exchange Commission and is not to be incorporated by reference into any filing of the Registrant (whether made before or after the date of this Form 10-Q) under the Securities Act of 1933 or the Securities Exchange Act of 1934, each as amended, irrespective of any general incorporation language contained in such filing.


 EX-101.INS 5 elon-20150930.xml XBRL INSTANCE DOCUMENT 0000031347 2015-01-01 2015-09-30 0000031347 2015-10-31 0000031347 2014-12-31 0000031347 2015-09-30 0000031347 2015-07-01 2015-09-30 0000031347 2014-07-01 2014-09-30 0000031347 2014-01-01 2014-09-30 0000031347 2014-09-30 0000031347 2013-12-31 0000031347 us-gaap:StandbyLettersOfCreditMember 2015-09-30 0000031347 elon:LumewaveMember 2015-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2014-07-01 2014-09-30 0000031347 us-gaap:BuildingMember 2015-09-30 0000031347 us-gaap:FairValueInputsLevel3Member 2015-09-30 0000031347 us-gaap:FairValueInputsLevel3Member 2015-01-01 2015-09-30 0000031347 us-gaap:FairValueInputsLevel3Member 2014-12-31 0000031347 us-gaap:FairValueInputsLevel1Member 2014-12-31 0000031347 us-gaap:FairValueInputsLevel2Member 2014-12-31 0000031347 us-gaap:FairValueMeasurementsRecurringMember 2014-12-31 0000031347 us-gaap:FairValueInputsLevel1Member 2015-09-30 0000031347 us-gaap:FairValueInputsLevel2Member 2015-09-30 0000031347 us-gaap:FairValueMeasurementsRecurringMember 2015-09-30 0000031347 elon:LumewaveMember 2015-01-01 2015-09-30 0000031347 elon:LumewaveMember us-gaap:CustomerRelationshipsMember 2015-09-30 0000031347 elon:LumewaveMember 2014-08-15 0000031347 elon:LumewaveMember us-gaap:TradeNamesMember 2015-09-30 0000031347 elon:LumewaveMember 2014-09-30 0000031347 elon:LumewaveMember us-gaap:DevelopedTechnologyRightsMember 2015-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2014-01-01 2014-09-30 0000031347 elon:ProductDevelopmentMember 2014-07-01 2014-09-30 0000031347 us-gaap:GeneralAndAdministrativeExpenseMember 2015-07-01 2015-09-30 0000031347 elon:ProductDevelopmentMember 2015-01-01 2015-09-30 0000031347 us-gaap:SellingAndMarketingExpenseMember 2015-07-01 2015-09-30 0000031347 elon:CostofRevenuesMember 2015-01-01 2015-09-30 0000031347 elon:ProductDevelopmentMember 2015-07-01 2015-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2015-07-01 2015-09-30 0000031347 elon:ProductDevelopmentMember 2014-01-01 2014-09-30 0000031347 elon:CostofRevenuesMember 2014-07-01 2014-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2014-07-01 2014-09-30 0000031347 elon:CostofRevenuesMember 2015-07-01 2015-09-30 0000031347 us-gaap:SellingAndMarketingExpenseMember 2014-01-01 2014-09-30 0000031347 elon:CostofRevenuesMember 2014-01-01 2014-09-30 0000031347 us-gaap:SellingAndMarketingExpenseMember 2015-01-01 2015-09-30 0000031347 us-gaap:GeneralAndAdministrativeExpenseMember 2014-07-01 2014-09-30 0000031347 us-gaap:GeneralAndAdministrativeExpenseMember 2014-01-01 2014-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2014-01-01 2014-09-30 0000031347 us-gaap:GeneralAndAdministrativeExpenseMember 2015-01-01 2015-09-30 0000031347 us-gaap:SegmentDiscontinuedOperationsMember 2015-01-01 2015-09-30 0000031347 us-gaap:SellingAndMarketingExpenseMember 2014-07-01 2014-09-30 0000031347 elon:EbvAvnetMember 2015-07-01 2015-09-30 0000031347 elon:EnelMember 2015-01-01 2015-09-30 0000031347 elon:EbvAvnetMember 2014-07-01 2014-09-30 0000031347 elon:EbvAvnetMember 2014-01-01 2014-09-30 0000031347 elon:EnelMember 2015-07-01 2015-09-30 0000031347 elon:EbvAvnetMember 2015-01-01 2015-09-30 0000031347 elon:EnelMember 2014-01-01 2014-09-30 0000031347 elon:EnelMember 2014-07-01 2014-09-30 0000031347 us-gaap:LineOfCreditMember 2014-11-30 0000031347 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2015-09-30 0000031347 us-gaap:AccumulatedTranslationAdjustmentMember 2014-12-31 0000031347 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2014-12-31 0000031347 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2015-01-01 2015-09-30 0000031347 us-gaap:AccumulatedTranslationAdjustmentMember 2015-09-30 0000031347 us-gaap:AccumulatedTranslationAdjustmentMember 2015-01-01 2015-09-30 0000031347 us-gaap:AmericasMember 2015-01-01 2015-09-30 0000031347 us-gaap:AsiaPacificMember 2014-07-01 2014-09-30 0000031347 us-gaap:AmericasMember 2015-07-01 2015-09-30 0000031347 us-gaap:AsiaPacificMember 2015-07-01 2015-09-30 0000031347 us-gaap:AsiaPacificMember 2014-01-01 2014-09-30 0000031347 us-gaap:EMEAMember 2014-07-01 2014-09-30 0000031347 us-gaap:AsiaPacificMember 2015-01-01 2015-09-30 0000031347 us-gaap:AmericasMember 2014-01-01 2014-09-30 0000031347 us-gaap:EMEAMember 2015-01-01 2015-09-30 0000031347 us-gaap:AmericasMember 2014-07-01 2014-09-30 0000031347 us-gaap:EMEAMember 2015-07-01 2015-09-30 0000031347 us-gaap:EMEAMember 2014-01-01 2014-09-30 0000031347 2000-06-01 2000-06-30 0000031347 elon:September2014RestructuringPlanMember 2015-09-30 0000031347 elon:September2014RestructuringPlanMember 2014-12-31 0000031347 elon:September2014RestructuringPlanMember 2015-01-01 2015-09-30 0000031347 elon:September2014RestructuringPlanMember 2014-01-01 2014-12-31 xbrli:shares xbrli:pure elon:customer elon:segment elon:debt_instrument iso4217:USD xbrli:shares elon:board_member elon:geographic_area iso4217:USD elon:employee false --12-31 Q3 2015 2015-09-30 10-Q 0000031347 44160919 Accelerated Filer ECHELON CORP 36000 0 P3M 1000000 -797000 15000 -812000 1400000 10000000 0.22 0.21 0 -242000 -190000 -15300000 0.510 4000000 0 0 968000 968000 0 0 870000 870000 P11M -0.21 -0.50 -0.02 -0.17 1 44 3 1 2 2 2 2 0 0 6250000 0 411000 152000 50000000 3614000 2070000 3948000 3995000 158000 1404000 2844000 3591000 1463000 2090000 -431000 -7000 -424000 -1228000 8000 -1236000 P6Y6M 356181000 356135000 -314000 76000 130000 225000 -824000 79000 992000 235000 -37000 962000 -342000 174000 156000 -34000 94000 115000 0 -19000 109000 -102000 229000 91000 0 -109000 4362649 4362649 3698259 3698259 71646000 45122000 53377000 36381000 9023000 30230000 0 39253000 5294000 17400000 0 22694000 597000 0 0 8000 7000 0 30237000 17392000 30230000 0 30230000 0 30230000 17400000 0 17400000 0 17400000 1 715000 0 715000 0 -98000 -98000 1300000 925000 0 0 968000 968000 870000 0 0 870000 870000 0 870000 225000 630000 259000 107000 255000 352000 1500000 500000 800000 200000 31000 3200000 23000 14648000 23482000 13340000 9205000 9023000 0 0 9023000 5294000 0 0 5294000 8834000 -4135000 472000 474000 -10091000 -22709000 -1223000 -8431000 -179000 -535000 0 0 -10270000 -23244000 -1223000 -8431000 0.343 0.269 0.074 0.362 0.274 0.088 0.379 0.211 0.168 0.374 0.255 0.119 4180000 12502000 4370000 12435000 935000 1221000 3126000 4098000 2640000 1413000 -1887000 -8996000 P39M 0 0 3433000 11774000 3921000 15614000 5467000 18392000 -723000 -639000 -254000 -254000 -254000 0 -5101000 -53000 3538000 10887000 2547000 7555000 5936000 5756000 1257000 3400000 3388000 0 4998000 16581000 5613000 16779000 4409000 4409000 0 -7226000 -13058000 -1047000 -7634000 -7641000 -12766000 -1236000 -7749000 -7193000 -12944000 -1057000 -7570000 -0.17 -0.30 -0.02 -0.17 -2141000 -2141000 -9250000 -9250000 0 0 -179000 -179000 -535000 -535000 0 0 -1962000 -1962000 -8715000 -8715000 0 0 -0.05 -0.20 0.00 0.00 33000 114000 -10000 64000 265000 187000 -543000 -1509000 -2953000 19000 -18000 23000 -865000 -55000 -751000 6000 -1217000 -630000 -29000 -154000 -312000 418000 1413000 1241000 271000 839000 5000 385000 830000 386000 2841000 2519000 3243000 2673000 402000 154000 71646000 45122000 13067000 9890000 15402000 530000 1024000 0 1000000.0 113000 5000000.0 0 0 0 3337000 254000 254000 -8320000 -11299000 25234000 11992000 -7357000 -4189000 -9188000 -21773000 -1047000 -7634000 15600000 6300000 719000 661000 184000 564000 1 12639000 29347000 6849000 24528000 537000 426000 1084000 1887000 694000 1048000 -902000 -932000 -177000 -812000 -903000 -936000 -176000 -797000 -1000 -4000 1000 15000 1740000 530000 2459000 131000 13662000 0 -232000 793000 617000 58148000 7984000 1800000 1155000 0 672000 83000 4900000 4861000 0 80116000 20852000 17000 0 143000 121000 -9367000 -22308000 -1047000 -7634000 0 10190000 696000 22000 -17000 1676000 11147000 2305000 7224000 2454000 7406000 1401000 1401000 1400000 6300000 227000 227000 0 0 701000 84000 701000 84000 -285169000 -292803000 683000 0 2546000 112000 1680000 3465000 9178000 2988000 2670000 3520000 29083000 9325000 8713000 11045000 9983000 3038000 1939000 5006000 29214000 9359000 5966000 13889000 2160000 6600000 1848000 6230000 992000 109000 351000 1100000 58000 374000 0 3000 0 28829000 15999000 3000000 130700000 42923000 34448000 43177000 34702000 28130000 28130000 1400000 926000 99000 76000 23000 469000 427000 0 0 0 0 43507000 43367000 44128000 44068000 43507000 43367000 44128000 44068000 43507000 43367000 44128000 44068000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Deferred Revenue and Deferred Cost of Goods Sold</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue consists substantially of amounts billed or payments received in advance of revenue recognition. Deferred cost of goods sold related to deferred product revenues includes direct product costs and applied overhead. Deferred cost of goods sold related to deferred service revenues includes direct labor costs and applied overhead. Once all revenue recognition criteria have been met, the deferred revenues and associated cost of goods sold are recognized.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the amortized cost basis, aggregate fair value, and gross unrealized holding gains and losses of the Company&#8217;s short-term investments by major security type were as follows (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized Cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Gains</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Losses</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,392</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amortized cost basis, aggregate fair value and gross unrealized holding gains and losses for the Company&#8217;s available-for-sale short-term investments, by major security type, were as follows as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized Cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Gains</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Losses</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,237</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stockholders&#8217; Equity and Employee Stock Option Plans:</font></div><div style="line-height:120%;text-align:left;text-indent:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock-based Compensation Expense</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes stock-based compensation expense for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively, and its allocation within the condensed consolidated statements of operations (in thousands):</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.22027290448344%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended <br clear="none"/>September 30,</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended <br clear="none"/>September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(34</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">229</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(109</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">174</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">115</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">225</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">962</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discontinued operations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(824</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(342</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(314</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">992</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock Award Activity</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160; </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total intrinsic value of options exercised during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$0</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0</font><font style="font-family:inherit;font-size:10pt;">, respectively. The total intrinsic value of options exercised during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$0</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$3,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the options. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> options exercised during the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total fair value of RSUs vested and released during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$58,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$374,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. The total fair value of RSUs vested and released during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;"> was approximately </font><font style="font-family:inherit;font-size:10pt;">$351,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. The fair value is calculated by multiplying the fair market value of the Company&#8217;s stock on the vesting date by the number of shares vested.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accrued Liabilities:</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued liabilities consist of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, <br clear="none"/>2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31, <br clear="none"/>2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued payroll and related costs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,090</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,463</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warranty reserve</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restructuring charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">701</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">426</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">537</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,591</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,844</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Acquisitions</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">August&#160;15, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company purchased </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of the outstanding shares of </font><font style="font-family:inherit;font-size:10pt;">Lumewave</font><font style="font-family:inherit;font-size:10pt;">. The acquisition was aimed at expanding the Company&#8217;s outdoor lighting business. The purchase price consisted of </font><font style="font-family:inherit;font-size:10pt;">$1.8 million</font><font style="font-family:inherit;font-size:10pt;"> in cash paid at closing and </font><font style="font-family:inherit;font-size:10pt;">$715,000</font><font style="font-family:inherit;font-size:10pt;"> in common stock of the Company distributed at closing. Additionally, if certain gross profit targets for the </font><font style="font-family:inherit;font-size:10pt;">Lumewave</font><font style="font-family:inherit;font-size:10pt;"> business are achieved during the period from </font><font style="font-family:inherit;font-size:10pt;">August&#160;16, 2014</font><font style="font-family:inherit;font-size:10pt;"> through </font><font style="font-family:inherit;font-size:10pt;">August&#160;15, 2016</font><font style="font-family:inherit;font-size:10pt;">, an additional </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> in consideration will be payable to the selling shareholders of </font><font style="font-family:inherit;font-size:10pt;">Lumewave</font><font style="font-family:inherit;font-size:10pt;">. The fair value of this additional consideration was </font><font style="font-family:inherit;font-size:10pt;">$925,000</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">. The purchase price was subject to adjustment based on the final working capital balances. As a result of the final agreed-upon working capital balances, the selling shareholders agreed to repay </font><font style="font-family:inherit;font-size:10pt;">$225,000</font><font style="font-family:inherit;font-size:10pt;">, which was received by the Company in 2014. The cash purchase price has been adjusted for this </font><font style="font-family:inherit;font-size:10pt;">$225,000</font><font style="font-family:inherit;font-size:10pt;"> working capital adjustment. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The assets acquired and liabilities assumed have been reflected in the Company&#8217;s condensed consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, and the results of operations of </font><font style="font-family:inherit;font-size:10pt;">Lumewave</font><font style="font-family:inherit;font-size:10pt;"> are included in the condensed consolidated statement of operations since </font><font style="font-family:inherit;font-size:10pt;">August&#160;16, 2014</font><font style="font-family:inherit;font-size:10pt;">. The following table summarizes the purchase price allocation based on estimated fair values of assets acquired and liabilities assumed at the acquisition date (amounts in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.99025341130604%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="88%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Amount</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">630</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventory</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">259</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Identifiable intangible assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,257</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(352</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(255</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,200</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Identifiable intangible assets include </font><font style="font-family:inherit;font-size:10pt;">$800,000</font><font style="font-family:inherit;font-size:10pt;"> in developed technology, </font><font style="font-family:inherit;font-size:10pt;">$500,000</font><font style="font-family:inherit;font-size:10pt;"> in customer relationships, and </font><font style="font-family:inherit;font-size:10pt;">$200,000</font><font style="font-family:inherit;font-size:10pt;"> for trade names. The identifiable intangible assets will be amortized over a period of </font><font style="font-family:inherit;font-size:10pt;">6.5</font><font style="font-family:inherit;font-size:10pt;"> years. Transaction costs associated with the acquisition were not material. The method used to value the identified intangibles was an income method approach which incorporated a discount rate ranging from </font><font style="font-family:inherit;font-size:10pt;">21%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">22%</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pro forma information for this acquisition is not presented as the results of the acquired business are not material to the Company&#8217;s consolidated financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contingent consideration was measured at fair value based on management&#8217;s estimate of achieving the specified targets and discounted to its then present value of </font><font style="font-family:inherit;font-size:10pt;">$925,000</font><font style="font-family:inherit;font-size:10pt;">. The contingent consideration is payable in a combination of cash and the Company&#8217;s common stock. Both the fair value of the cash and equity portions of the contingent consideration are recorded as a liability and will be remeasured each reporting period, with any change in their fair values recorded to earnings. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the fair value of the contingent consideration was </font><font style="font-family:inherit;font-size:10pt;">$870,000</font><font style="font-family:inherit;font-size:10pt;"> and is recorded in Accrued liabilities in the Company's condensed consolidated balance sheet. The equity component of the contingent consideration will ultimately be settled by issuing additional equity upon final determination of the targets being achieved. The number of shares to be issued will be based on the average closing price of the Company's stock during the six days prior to the acquisition date.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Investments</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, restricted investments consist of balances maintained by the Company with an investment advisor in money market funds and permitted treasury bills. These balances represent collateral for a </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> operating line of credit issued to the Company by its primary bank for credit card purchases, as well as </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> standby letter of credit for </font><font style="font-family:inherit;font-size:10pt;">$113,000</font><font style="font-family:inherit;font-size:10pt;">. Because the Company&#8217;s agreement with the lender prevents the Company from withdrawing these funds, they are considered restricted. No amounts have ever been drawn against the standby letters of credit issued by the bank. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Legal Actions</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, in the ordinary course of business, the Company may be subject to other legal proceedings, claims, investigations, and other proceedings, including claims of alleged infringement of third-party patents and other intellectual property rights, and commercial, employment, and other matters. In accordance with generally accepted accounting principles, the Company makes a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. While the Company believes it has adequately provided for such contingencies as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the amounts of which were immaterial, it is possible that the Company&#8217;s results of operations, cash flows, and financial position could be harmed by the resolution of any such outstanding claims.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Line of Credit</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Until December 2014, the Company maintained a </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> line of credit with its primary bank. The line of credit was secured by a collateral of the first priority on </font><font style="font-family:inherit;font-size:10pt;">$6.3 million</font><font style="font-family:inherit;font-size:10pt;"> of our investments placed in a separate account. In December 2014, the Company cancelled this line of credit. It continues to maintain an operating credit line of </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> with its primary bank for company credit card purchases, as well as </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> standby letter of credit for </font><font style="font-family:inherit;font-size:10pt;">$113,000</font><font style="font-family:inherit;font-size:10pt;">. These lines of credit continue to be secured by a collateral of the first priority on </font><font style="font-family:inherit;font-size:10pt;">$1.4</font><font style="font-family:inherit;font-size:10pt;"> million of the Company's investments (presented as restricted investments in the Condensed Consolidated Balance Sheets). The restricted investments are classified as current assets due to the contractual duration of the underlying credit agreement. No amounts have ever been drawn against the standby letters of credit issued by the bank.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Risks and Uncertainties</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s operations and performance depend significantly on worldwide economic conditions and their impact on purchases of the Company&#8217;s products, as well as the ability of suppliers to provide the Company with products and services in a timely manner. The impact of any of the matters described below could have an adverse effect on the Company&#8217;s business, results of operations and financial condition. </font></div><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s sales are currently concentrated with a relatively small group of customers, as approximately </font><font style="font-family:inherit;font-size:10pt;">37.9%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">37.4%</font><font style="font-family:inherit;font-size:10pt;"> of net revenues for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, were derived from </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> customers. Customers in any of the Company&#8217;s target market sectors may experience unexpected reductions in demand for their products and consequently reduce their purchases from us, resulting in either the loss of a significant customer or a notable decrease in the level of sales to a significant customer. &#160;In addition, if any of these customers are unable to obtain the necessary capital to operate their business, they may be unable to satisfy their payment obligations to the Company.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company utilizes third-party contract electronic manufacturers to manufacture, assemble, and test its products. &#160;If any of these third-parties were unable to obtain the necessary capital to operate their business, they may be unable to provide the Company with timely services or to make timely deliveries of products.&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the Company has experienced shortages or interruptions in supply for certain products or components used in the manufacture of the Company&#8217;s products that have been or will be discontinued. In order to ensure an adequate supply of these items, the Company has occasionally purchased quantities of these items that are in excess of the Company&#8217;s then current estimate of short-term requirements. If the long-term requirements do not materialize as originally expected, or if the Company develops alternative solutions that no longer employ these items and the Company is not able to dispose of these excess products or components, the Company could be subject to increased levels of excess and obsolete inventories. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recently, in our effort to manage our costs and inventory risks, we decreased our inventory levels of certain products. If there is an unexpected increase in demand for these items, we might not be able to supply our customers with products in a timely manner.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Significant Customers:</font></div><div style="line-height:120%;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company markets its products and services throughout the world to original equipment manufacturers (OEMs) and systems integrators in the building, industrial, transportation, utility/home, and other automation markets. During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for a significant portion of its revenues: Avnet Europe Comm VA (&#8220;Avnet&#8221;), the Company&#8217;s primary distributors of its IIoT products in Europe and Enel Distribuzione Spa ("Enel"), an Italian utility company. For the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, the percentage of the Company&#8217;s revenues attributable to sales made to these customers was as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:97.6608187134503%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td width="60%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Avnet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Enel</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated financial statements include the accounts of Echelon Corporation, a Delaware corporation, its wholly-owned subsidiaries, and a subsidiary in which it has a controlling interest (collectively referred to as the &#8220;Company&#8221;). The Company reports non-controlling interests in consolidated entities as a component of equity separate from the Company&#8217;s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries and other consolidated entities have been eliminated in consolidation. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the third quarter of 2014, the Company announced and completed the sale of its Grid business to S&amp;T AG ("S&amp;T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. The results of the Grid business are now classified as discontinued operations. As a result of this transaction, the Company now operates in one reporting segment- the Industrial Internet of Things ("IIoT") segment.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While the financial information furnished is unaudited, the condensed consolidated financial statements included in this report reflect all adjustments (consisting only of normal recurring adjustments) which the Company considers necessary for the fair presentation of the results of operations for the interim periods covered, and of the financial condition of the Company at the date of the interim balance sheet. The results for interim periods are not necessarily indicative of the results for the entire year. The condensed consolidated financial statements should be read in conjunction with the Company&#8217;s consolidated financial statements for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> included in its Annual Report on Form 10&#8209;K.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There have been no material changes to the Company&#8217;s significant accounting policies as compared to the significant accounting policies described in our Annual Report on Form 10&#8209;K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> Discontinued Operations</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2014, the Company announced that it had reached an agreement to sell its Grid business in order to focus on its IIoT business and on future opportunities in this market. On September 30, 2014, the Company completed the sale of its Grid business to S&amp;T, a publicly traded European IT systems provider.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consideration received for the sale of the Grid business totaled approximately </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;">. Additionally, the Company could receive an additional </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> if the revenues of the Grid business exceed </font><font style="font-family:inherit;font-size:10pt;">$50 million</font><font style="font-family:inherit;font-size:10pt;"> for the calendar year 2015. Based on the historical results of the Grid business and near-term estimates, management of the Company does not believe the sales targets will be achieved. Due to the significant uncertainty in achievement, </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> value has been given to this contingent consideration. The Company also entered into a sub-lease arrangement as well as a supply arrangement for a component used in the manufacture of certain Grid products. At the time of the sale, each of these arrangements had a term of </font><font style="font-family:inherit;font-size:10pt;">39 months</font><font style="font-family:inherit;font-size:10pt;"> and each has been considered indirect cashflows as they were deemed to be insignificant. As a result of the Company's decision to terminate its corporate headquarters leases, the sub-lease arrangement will now expire in December 2015.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The sale of the Grid business resulted in a loss of </font><font style="font-family:inherit;font-size:10pt;">$254,000</font><font style="font-family:inherit;font-size:10pt;">, net of income taxes, recorded as loss on sale of discontinued operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The assets and liabilities of the Company's joint venture (see Note 16) were not included in the sale to S&amp;T. As of December 31, 2014, the Company was in the process of negotiating the sale of the joint venture's remaining net assets and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell and had classified them as held for sale on the Company's condensed consolidated balance sheets. The remaining asset and liabilities principally relate to inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. As of September 30, 2015, the Company has determined that the joint venture's remaining net assets will not be sold and have been stated at their fair value.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of restructuring activities during quarter ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, a total of </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> of restructuring costs is included in loss from discontinued operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">. All of this amount has been paid as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has classified the results of operations of the Grid business as discontinued operations for all periods presented. There was no activity related to the Grid business during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. The table below provides a summary of the components of the net loss from discontinued operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, and excludes certain shared overhead costs that were previously allocated to the Grid segment as ASC 205-20 prohibits the allocation of general overhead costs to discontinued operations. </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:89.17073170731707%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30, 2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,467</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,392</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of revenues</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,774</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:48px;text-indent:-42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,921</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,614</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss from discontinued operations before income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,887</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,996</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss on sale of Grid business</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations, net of income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,141</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,250</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to non-controlling interest, net of income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">535</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,962</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,715</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font><font style="font-family:inherit;font-size:10pt;"> Includes related party amounts of </font><font style="font-family:inherit;font-size:10pt;">$0</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$112,000</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The sale agreement contains certain indemnification provisions related to the Grid business whereby the Company may have obligations related to the period it owned the Grid business. The Company believes the estimated fair value of these indemnification provisions are minimal and accordingly, no liability is recorded for these indemnifications as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Earnings Per Share:</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands, except per share amounts):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net loss (Numerator):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from continuing operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,047</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,226</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,634</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to Echelon Corporation Stockholders</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,962</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,715</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,047</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,188</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,634</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(21,773</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Shares (Denominator):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares used in basic computation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common shares issuable upon exercise of stock options (treasury stock method)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares used in diluted computation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net loss per share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.02</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.05</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.20</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.02</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.21</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.50</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, the diluted net loss per share calculation is equivalent to the basic net loss per share calculation from continuing operations, discontinued operations, and total net loss attributable to Echelon Corporation Stockholders, as there were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">no</font><font style="font-family:inherit;font-size:10pt;"> potentially dilutive stock options due to the Company&#8217;s net loss position. The number of stock options, stock appreciation rights, restricted stock units (&#8220;RSUs&#8221;), restricted stock awards (&#8220;RSAs&#8221;), and contingently issuable shares excluded from this calculation for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">3,698,259</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">4,362,649</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Joint Venture:</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 23, 2012, the Company entered into an agreement with Holley Metering Limited (&#8220;Holley Metering&#8221;), a designer and manufacturer of energy meters in China, to create a joint venture, Zhejiang Echelon-Holley Technology Co., Ltd. (&#8220;Echelon-Holley&#8221;). The joint venture's intended focus was on the development and sales of smart energy products for China and rest-of-world markets. The Company has a </font><font style="font-family:inherit;font-size:10pt;">51.0%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in the joint venture and exercises controlling influence. Therefore, Echelon-Holley&#8217;s accounts are included in the Company&#8217;s Condensed Consolidated Financial Statements as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and 2014, and for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months then ended. Holley Metering&#8217;s interests in Echelon-Holley&#8217;s net assets are reported in the non-controlling interest in subsidiary on the Condensed Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. Net loss attributable to the non-controlling interest in Echelon-Holley was </font><font style="font-family:inherit;font-size:10pt;">nil</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$179,000</font><font style="font-family:inherit;font-size:10pt;"> during </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and 2014, respectively, and </font><font style="font-family:inherit;font-size:10pt;">nil</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$535,000</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and 2014, respectively. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, Echelon and Holley Metering had contributed in cash a total of approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.0 million</font><font style="font-family:inherit;font-size:10pt;"> in Share Capital, as defined, to Echelon-Holley in proportion to their respective ownership interests. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the decision to sell the Grid business announced in the third quarter of 2014, the Company undertook a process to sell the remaining net assets of the joint venture and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell, and classified them as held for sale on the accompanying balance sheet at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">. The major classes of assets and liabilities that were classified as held for sale were inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. In addition, the net losses attributable to the non-controlling interest were also presented as part of discontinued operations in the condensed consolidated statements of operations for the years ended December 31, </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company concluded that it would no longer pursue a sale, but would instead work with Holley Metering to shut the joint venture down. The remaining net assets of the joint venture are immaterial as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. As the net losses attributable to the joint venture were immaterial in prior years, they have been presented as part of discontinued operations in the condensed consolidated statement of operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the Company&#8217;s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="41%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 1)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 2)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Money market funds </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,694</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the Company&#8217;s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="41%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 1)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 2)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Money market funds </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,253</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;Included in cash and cash equivalents in the Company&#8217;s condensed consolidated balance sheets</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company&#8217;s condensed consolidated balance sheets</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Financial Instruments: </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s financial instruments consist of cash equivalents, restricted investments, short-term investments, accounts receivable, accounts payable, and lease financing obligations. The carrying value of the Company&#8217;s financial instruments approximates fair value. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of investments, which are classified as either cash equivalents, restricted investments, or short-term investments, and accounts receivable. With respect to its investments, the Company has an investment policy that limits the amount of credit exposure to any one financial institution and restricts placement of the Company&#8217;s investments to financial institutions independently evaluated as highly creditworthy. With respect to its accounts receivable, the Company performs ongoing credit evaluations of each of its customers&#8217; financial condition. For a customer whose credit worthiness does not meet the Company&#8217;s minimum criteria, the Company may require partial or full payment prior to shipment. Alternatively, prior to shipment, customers may be required to provide the Company with an irrevocable letter of credit or arrange for some other form of coverage to mitigate the risk of uncollectibility, such as a bank guarantee. Additionally, the Company establishes an allowance for doubtful accounts and sales return allowances based upon factors surrounding the credit risk of specific customers, historical trends, and other available information.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Items Measured at Fair Value on a Recurring Basis</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On a recurring basis, the Company measures certain of its financial assets, namely its cash equivalents and available-for-sale investments, and its liability related to contingent consideration due to Lumewave shareholders, at fair value. The fair value of the Company&#8217;s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="41%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 1)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 2)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Money market funds </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,694</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,294</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the Company&#8217;s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="41%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Unobservable Inputs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 1)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 2)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Money market funds </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:2px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,253</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,023</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;Included in cash and cash equivalents in the Company&#8217;s condensed consolidated balance sheets</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company&#8217;s condensed consolidated balance sheets</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents consist of either investments with remaining maturities of three months or less at the date of purchase, or money market funds for which the carrying amount is a reasonable estimate of fair value. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s available-for-sale securities consist of U.S. government securities with a minimum and weighted average credit rating of A-1+. The Company values these securities based on pricing from pricing vendors, who may use quoted prices in active markets for identical assets (Level 1 inputs) or inputs other than quoted prices that are observable either directly or indirectly (Level 2 inputs) in determining fair value. However, the Company classifies all of its fixed income available-for-sale securities as having Level 2 inputs. The valuation techniques used to measure the fair value of the Company&#8217;s financial instruments having Level 2 inputs were derived from non-binding market consensus prices that are corroborated by observable market data, quoted market prices for similar instruments, or pricing models, such as discounted cash flow techniques. The Company's procedures include controls to ensure that appropriate fair values are recorded by comparing prices obtained from a third party independent source.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contingent consideration payable to Lumewave's shareholders, which the Company recognized upon its purchase of Lumewave in August 2014 and is included in other long-term liabilities in the Company's condensed consolidated balance sheets as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> and in other current liabilities as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, is classified within Level&#160;3 because significant assumptions for this obligation are not observable in the market. The table below includes a rollforward of the balance sheet amounts for financial instruments classified by the Company within Level&#160;3 of the valuation hierarchy for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:96.49122807017544%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td width="53%" rowspan="1" colspan="1"></td><td width="33%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Contingent Consideration</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">BALANCE AT DECEMBER 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">968</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of interest and change in fair value of contingent consideration</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(98</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">BALANCE AT SEPTEMBER 30, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s available-for-sale securities had contractual maturities of </font><font style="font-family:inherit;font-size:10pt;">eleven</font><font style="font-family:inherit;font-size:10pt;"> months and an average remaining term to maturity of </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the amortized cost basis, aggregate fair value, and gross unrealized holding gains and losses of the Company&#8217;s short-term investments by major security type were as follows (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized Cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Gains</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Losses</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,392</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,400</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amortized cost basis, aggregate fair value and gross unrealized holding gains and losses for the Company&#8217;s available-for-sale short-term investments, by major security type, were as follows as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized Cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Gains</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Unrealized Holding Losses</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U.S. government securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,237</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,230</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Market values were determined for each individual security in the investment portfolio. The Company reviews its investments on a regular basis to evaluate whether or not any have experienced an other-than-temporary decline in fair value. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Items Measured at Fair Value on a Recurring Basis</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to assets and liabilities that are measured at fair value on a recurring basis, the company is also required to measure certain items at fair value on a nonrecurring basis.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the third quarter of 2014, as part of the Company's review of property, equipment and other assets (long-lived assets), as discussed above, an impairment charge of </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;"> was recorded against the building asset to write down this asset to its fair value of </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;">. The impairment was attributable to a combination of factors, including changes in the extent and manner of use of the reporting unit's long-lived assets; market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. Fair value was determined based on discounted cash flow analyses, which are unobservable Level 3 inputs. The cash flows used in the income approach were based on cash flows from various sub-lease scenarios, including varying lease rates, tenant improvements and commission costs, operating expenses and terms of occupation. We calculated the fair value for the building asset by using a probability weighted average of the estimated fair value from the various scenarios.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">he table below includes a rollforward of the balance sheet amounts for financial instruments classified by the Company within Level&#160;3 of the valuation hierarchy for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:96.49122807017544%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td width="53%" rowspan="1" colspan="1"></td><td width="33%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Contingent Consideration</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">BALANCE AT DECEMBER 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">968</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of interest and change in fair value of contingent consideration</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(98</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">BALANCE AT SEPTEMBER 30, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">870</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurements </font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company measures at fair value its cash equivalents and available-for-sale investments using a valuation hierarchy based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's own assumptions. These two types of inputs have created the following fair value hierarchy:</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 - Quoted prices for identical instruments in active markets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when estimating fair value. Other than cash and money market funds, the Company's only financial assets and liabilities required to be measured at fair value on a recurring basis at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, are its fixed income available-for-sale securities and its liability related to contingent consideration due to Lumewave, Inc. ("Lumewave") shareholders. See Note 2 of these Notes to Condensed Consolidated Financial Statements for a summary of the input levels used in determining the fair value of these assets and liabilities as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Goodwill</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill is tested for impairment using a two-step approach. The Company evaluates goodwill, at a minimum, on an annual basis during the first quarter and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. There was no impairment of goodwill as a result of the annual impairment review performed during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units were estimated using a combination of the income approach and the market approach. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's goodwill impairment analysis is sensitive to changes in key assumptions used in its analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and its stock price. The continued decline in the Company's stock price and market capitalization could lead to an impairment charge to its long-lived assets, including goodwill. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, management evaluated the current stock price, coupled with other inputs, and concluded that no impairment of either goodwill or long-lived assets was warranted as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> as the Company's fair value exceeded its carrying value.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the quarter ended June 30, 2014, the Company concluded there were indicators of potential goodwill impairment for the Company&#8217;s Grid business, including continued weakness and increased uncertainty in the Grid market; changes in the extent and manner of use of the unit's long-lived assets; and changes in our long-term strategy for the Grid business. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of June 30, 2014. Based on the Company's analysis using the two-step approach defined above, the Company recorded a non-cash, goodwill impairment charge of </font><font style="font-family:inherit;font-size:10pt;">$3.4 million</font><font style="font-family:inherit;font-size:10pt;"> in the second quarter of 2014.&#160; This impairment was reported as part of the discontinued operations results for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">. As a result, the Company has no goodwill remaining related to the Grid business that was disposed of during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, with the entire remaining goodwill balance being attributable to the IIoT reporting unit. This includes goodwill of </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> that was added during the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> in conjunction with the acquisition of Lumewave, Inc. (see Note 4 for additional details).</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Long-Lived Assets</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We evaluate the recoverability of property, plant and equipment in accordance with ASC No. 360,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting for the Property, Plant, and Equipment&#160;</font><font style="font-family:inherit;font-size:10pt;">("ASC No. 360"). We perform periodic reviews to determine whether facts and circumstances exist that would indicate that the carrying amounts of property, plant and equipment might not be fully recoverable. If facts and circumstances indicate that the carrying amount of property, plant and equipment might not be fully recoverable, we compare projected undiscounted net cash flows associated with the related asset or group of assets over their estimated remaining useful lives against their respective carrying amounts. In the event that the projected undiscounted cash flows are not sufficient to recover the carrying value of the assets, the assets are written down to their estimated fair values based on the expected discounted future cash flows attributable to the assets. Evaluation of impairment of property, plant and equipment requires estimates in the forecast of future operating results that are used in the preparation of the expected future undiscounted cash flows. Actual future operating results and the remaining economic lives of our property, plant and equipment could differ from our estimates used in assessing the recoverability of these assets. These differences could result in impairment charges, which could have a material adverse impact on our results of operations.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company terminated the lease agreements for its corporate headquarter facility in San Jose, California. These leases were scheduled to expire in </font><font style="font-family:inherit;font-size:10pt;">March 2020</font><font style="font-family:inherit;font-size:10pt;"> and had been historically accounted for under authoritative guidance pertaining to leases in which the Company is both involved in the construction of the lease assets and for which certain sale-leaseback criteria are not met. This resulted in the Company being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In conjunction with the termination of these leases and associated financing obligations, in May 2015 the Company paid an up-front lease termination charge of </font><font style="font-family:inherit;font-size:10pt;">$10.0 million</font><font style="font-family:inherit;font-size:10pt;">, which allowed the Company to remove approximately </font><font style="font-family:inherit;font-size:10pt;">$15.3 million</font><font style="font-family:inherit;font-size:10pt;"> of building related financing obligations from its balance sheet. At the same time, the Company entered into a short-term lease for one of the two buildings for the remainder of </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. As a result of the lease termination, the Company wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a charge of </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of the sale of the Grid business on </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company made the decision to cease use of one building within its corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, the Company recorded a write down of the building of </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;"> during the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">.&#160;</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes:</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The provision (benefit) for income taxes for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">$(10,000)</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$33,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. The provision for income taxes for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">$64,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$114,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. The difference between the statutory rate and the Company&#8217;s effective tax rate is primarily due to the impact of foreign taxes, changes in the valuation allowance on deferred tax assets, and changes in the accruals related to unrecognized tax benefits.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company had gross unrecognized tax benefits of approximately </font><font style="font-family:inherit;font-size:10pt;">$926,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of which </font><font style="font-family:inherit;font-size:10pt;">$427,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$469,000</font><font style="font-family:inherit;font-size:10pt;">, respectively, if recognized, would impact the effective tax rate on income from continuing operations. The Company&#8217;s policy is to recognize interest and/or penalties related to unrecognized tax benefits in income tax expense. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company had accrued </font><font style="font-family:inherit;font-size:10pt;">$76,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$99,000</font><font style="font-family:inherit;font-size:10pt;">, respectively, for interest and penalties. The </font><font style="font-family:inherit;font-size:10pt;">$23,000</font><font style="font-family:inherit;font-size:10pt;"> reduction in interest and penalties on gross unrecognized tax benefits during the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> was primarily attributable to the expiration of the statute of limitations in certain foreign jurisdictions.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Inventories:</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories are stated at the lower of cost (first&#8209;in, first&#8209;out) or market and include material, labor and manufacturing overhead. When required, provisions are made to reduce excess and obsolete inventories to their estimated net realizable value. Inventories consist of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, <br clear="none"/>2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31, <br clear="none"/>2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchased materials</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">402</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Finished goods</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,519</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,841</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,673</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recently Issued Accounting Standards </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 28, 2014, the FASB issued ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. &#160;In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued an update to ASC 330, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Inventory: Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by the Company in the first quarter of fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact of this update on its consolidated financial statements.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Related Parties:</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2000, the Company entered into a stock purchase agreement with Enel pursuant to which Enel purchased </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">3.0 million</font><font style="font-family:inherit;font-size:10pt;"> newly issued shares of its common stock for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$130.7 million</font><font style="font-family:inherit;font-size:10pt;">. The closing of this stock purchase occurred on September 11, 2000. At the closing, Enel had agreed that it would not, except under limited circumstances, sell or otherwise transfer any of those shares for a specified time period. That time period expired September 11, 2003. To the Company&#8217;s knowledge, Enel has disposed </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">none</font><font style="font-family:inherit;font-size:10pt;"> of its </font><font style="font-family:inherit;font-size:10pt;">3.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares. Under the terms of the stock purchase agreement, Enel has the right to nominate </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">one</font><font style="font-family:inherit;font-size:10pt;"> member of the Company&#8217;s board of directors. A representative of Enel served on the board until March 14, 2012; </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">no</font><font style="font-family:inherit;font-size:10pt;"> Enel representative is presently on the board.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At the time the Company entered into the stock purchase agreement with Enel, it also entered into a research and development agreement with an affiliate of Enel (the &#8220;R&amp;D Agreement&#8221;). Under the terms of the R&amp;D Agreement, the Company cooperated with Enel to integrate its L</font><font style="font-family:inherit;font-size:7pt;">ON</font><font style="font-family:inherit;font-size:10pt;">W</font><font style="font-family:inherit;font-size:7pt;">ORKS</font><font style="font-family:inherit;font-size:10pt;"> technology into Enel&#8217;s remote metering management project in Italy, the Contatore Elettronico. The Company completed the sale of its components and products for the deployment phase of the Contatore Elettronico project during 2005. During 2006, the Company supplied Enel and its designated manufacturers with limited spare parts for the Contatore Elettronico system. In October 2006, the Company entered into a new development and supply agreement and a software enhancement agreement with Enel. Under the development and supply agreement, Enel and its contract manufacturers purchase additional electronic components and finished goods from the Company. Under the software enhancement agreement, the Company provides software enhancements to Enel for use in its Contatore Elettronico system. The software enhancement was assigned to S&amp;T as part of the sale of the Company's Grid division in September 2014. The development and supply agreement will expire in December 2015, although delivery of products can extend beyond then and the agreement may be extended under certain circumstances.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized revenue from products and services sold to Enel and its designated manufacturers of approximately </font><font style="font-family:inherit;font-size:10pt;">$1.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$683,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. For the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized revenue from products and services sold to Enel and its designated manufacturers of approximately </font><font style="font-family:inherit;font-size:10pt;">$3.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.5 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Please refer to Note 5 for information related to discontinued operations.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$158,000</font><font style="font-family:inherit;font-size:10pt;">, respectively, of the Company&#8217;s total accounts receivable balance related to amounts owed by Enel and its designated manufacturers.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Restructuring:</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On September 30, 2014, and again in the fourth quarter of 2014, in connection with the sale of the Grid business, the Company undertook restructuring actions affecting approximately </font><font style="font-family:inherit;font-size:10pt;">44</font><font style="font-family:inherit;font-size:10pt;"> employees to be terminated between September 2014 and December 31, 2014, as part of the strategic plan to focus on the Company's IIoT business. The following table sets forth a summary of restructuring activities related to the Company&#8217;s September 2014 restructuring program (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Costs Incurred</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cash Payments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Termination benefits</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">701</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">617</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s revenues are derived from the sale and license of its products and to a lesser extent, from fees associated with training, technical support, and custom software design services offered to its customers. Product revenues consist of revenues from hardware sales and software licensing arrangements. Service revenues consist of product technical support (including in limited circumstances software post-contract support services) and training.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery to the customer&#8217;s carrier (and acceptance, as applicable) has occurred, the sales price is fixed or determinable, collectability is probable, and there are no post-delivery obligations. For non-distributor hardware sales, including sales to third party manufacturers, these criteria are generally met at the time of delivery to the customer&#8217;s carrier. However, for arrangements that contain contractual acceptance provisions, revenue recognition may be delayed until acceptance by the customer or the acceptance provisions lapse unless the Company can objectively demonstrate that the contractual acceptance criteria have been satisfied, which is generally accomplished by establishing a history of acceptance for the same or similar products.&#160; For sales made to the Company&#8217;s distributor partners, revenue recognition criteria are generally met at the time the distributor sells the products through to its end-use customer. Service revenue is recognized as the training services are performed, or ratably over the term of the support period. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for the rights of return, price protection, rebates, and other sales incentives offered to distributors of its products as a reduction in revenue. With the exception of sales to distributors, the Company&#8217;s customers are generally not entitled to return products for a refund. For sales to distributors, due to contractual rights of return and other factors that impact its ability to make a reasonable estimate of future returns and other sales incentives, revenues are not recognized until the distributor has shipped its products to the end customer</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's multiple deliverable revenue arrangements have historically been primarily related to sales of Grid products. As noted above, we completed the sale of our Grid division to S&amp;T in September 2014. Revenues from the Grid division are included in discontinued operations (see Note 5). For further information regarding our accounting for multiple deliverable revenue arrangements, please see Note 1 - Significant Accounting Policies, in the Notes to Consolidated Financial Statements in our 2014 Annual Report on Form 10-K.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued liabilities consist of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, <br clear="none"/>2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31, <br clear="none"/>2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued payroll and related costs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,090</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,463</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warranty reserve</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restructuring charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">701</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingent consideration</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">426</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">537</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,591</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,844</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td width="49%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="15%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="17%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Foreign currency translation adjustment</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Amount in thousands)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Unrealized gain (loss) on available-for-sale securities</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Amount in thousands)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-align:center;">Accumulated Other Comprehensive Income (Loss)</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-align:center;">(Amount in thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning balance at December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(424</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(431</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current period other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(797</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at September 30, 2015</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,236</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,228</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has classified the results of operations of the Grid business as discontinued operations for all periods presented. There was no activity related to the Grid business during the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. The table below provides a summary of the components of the net loss from discontinued operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, and excludes certain shared overhead costs that were previously allocated to the Grid segment as ASC 205-20 prohibits the allocation of general overhead costs to discontinued operations. </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:89.17073170731707%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30, 2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,467</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,392</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of revenues</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,774</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:48px;text-indent:-42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,921</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,614</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss from discontinued operations before income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,887</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,996</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss on sale of Grid business</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations, net of income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,141</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,250</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to non-controlling interest, net of income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">535</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,962</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,715</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font><font style="font-family:inherit;font-size:10pt;"> Includes related party amounts of </font><font style="font-family:inherit;font-size:10pt;">$0</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$112,000</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> (in thousands, except per share amounts):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net loss (Numerator):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from continuing operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,047</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,226</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,634</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss from discontinued operations attributable to Echelon Corporation Stockholders</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,962</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,715</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,047</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,188</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,634</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(21,773</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Shares (Denominator):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares used in basic computation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:17px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common shares issuable upon exercise of stock options (treasury stock method)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares used in diluted computation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,507</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,068</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,367</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net loss per share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.02</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.05</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.20</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic and diluted net loss per share attributable to Echelon Corporation Stockholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.02</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.21</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.17</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.50</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock-based Compensation Expense</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes stock-based compensation expense for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively, and its allocation within the condensed consolidated statements of operations (in thousands):</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.22027290448344%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended <br clear="none"/>September 30,</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended <br clear="none"/>September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(34</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">229</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(109</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">174</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">115</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">225</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">962</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discontinued operations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(824</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(342</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(314</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">992</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories consist of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, <br clear="none"/>2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31, <br clear="none"/>2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchased materials</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">402</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Finished goods</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,519</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,841</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,673</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> (amounts in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.99025341130604%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="88%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Amount</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">630</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventory</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">259</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Identifiable intangible assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,257</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(352</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(255</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,200</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth a summary of restructuring activities related to the Company&#8217;s September 2014 restructuring program (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="45%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Costs Incurred</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cash Payments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Termination benefits</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">701</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">617</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, the percentage of the Company&#8217;s revenues attributable to sales made to these customers was as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:97.6608187134503%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td width="60%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Avnet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Enel</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Summary revenue information by geography for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> is as follows (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.05068226120858%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Americas</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,038</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,988</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,359</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,325</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">EMEA</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,006</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,520</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,889</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,045</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">APJ</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,939</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,670</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,966</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,713</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,178</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,083</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Segment Disclosure:</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASC Topic 280,&#160;Segment Reporting, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing business performance. The Company&#8217;s chief operating decision-making group is the Executive Staff, which is comprised of the Chief Executive Officer and his direct reports (CODM). The Company operates in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> principal industry segment - the IIoT segment, which is its reportable segment. </font></div><div style="line-height:120%;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> main geographic areas: the Americas; Europe, Middle East and Africa (&#8220;EMEA&#8221;); and Asia Pacific / Japan (&#8220;APJ&#8221;). Each geographic area provides products and services to the Company&#8217;s customers located in the respective region. The Company&#8217;s long-lived and other assets include property and equipment, goodwill, purchased technology, and deposits on its leased facilities. Long-lived assets are attributed to geographic areas based on the country where the assets are located. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, long-lived assets of approximately </font><font style="font-family:inherit;font-size:10pt;">$6.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$15.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, were domiciled in the United States. Long-lived assets for all other locations are not material to the condensed consolidated financial statements. </font></div><div style="line-height:120%;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In North America, the Company sells its products primarily through a direct sales organization and select third-party electronics representatives. Outside North America, the Company sells its products through direct sales organizations, value-added resellers, and local distributors, primarily in EMEA and APJ. Revenues are attributed to geographic areas based on the country where the products are shipped to or the services are delivered. Summary revenue information by geography for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> is as follows (in thousands):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.05068226120858%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="61%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Americas</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,038</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,988</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,359</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,325</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">EMEA</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,006</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,520</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,889</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,045</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">APJ</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,939</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,670</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,966</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,713</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,983</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,178</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,083</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For information regarding the Company&#8217;s major customers, please refer to Note 7, Significant Customers.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Summary of Significant Accounting Policies:</font></div><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated financial statements include the accounts of Echelon Corporation, a Delaware corporation, its wholly-owned subsidiaries, and a subsidiary in which it has a controlling interest (collectively referred to as the &#8220;Company&#8221;). The Company reports non-controlling interests in consolidated entities as a component of equity separate from the Company&#8217;s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries and other consolidated entities have been eliminated in consolidation. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the third quarter of 2014, the Company announced and completed the sale of its Grid business to S&amp;T AG ("S&amp;T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. The results of the Grid business are now classified as discontinued operations. As a result of this transaction, the Company now operates in one reporting segment- the Industrial Internet of Things ("IIoT") segment.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While the financial information furnished is unaudited, the condensed consolidated financial statements included in this report reflect all adjustments (consisting only of normal recurring adjustments) which the Company considers necessary for the fair presentation of the results of operations for the interim periods covered, and of the financial condition of the Company at the date of the interim balance sheet. The results for interim periods are not necessarily indicative of the results for the entire year. The condensed consolidated financial statements should be read in conjunction with the Company&#8217;s consolidated financial statements for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> included in its Annual Report on Form 10&#8209;K.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There have been no material changes to the Company&#8217;s significant accounting policies as compared to the significant accounting policies described in our Annual Report on Form 10&#8209;K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Risks and Uncertainties</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s operations and performance depend significantly on worldwide economic conditions and their impact on purchases of the Company&#8217;s products, as well as the ability of suppliers to provide the Company with products and services in a timely manner. The impact of any of the matters described below could have an adverse effect on the Company&#8217;s business, results of operations and financial condition. </font></div><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s sales are currently concentrated with a relatively small group of customers, as approximately </font><font style="font-family:inherit;font-size:10pt;">37.9%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">37.4%</font><font style="font-family:inherit;font-size:10pt;"> of net revenues for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, were derived from </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> customers. Customers in any of the Company&#8217;s target market sectors may experience unexpected reductions in demand for their products and consequently reduce their purchases from us, resulting in either the loss of a significant customer or a notable decrease in the level of sales to a significant customer. &#160;In addition, if any of these customers are unable to obtain the necessary capital to operate their business, they may be unable to satisfy their payment obligations to the Company.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company utilizes third-party contract electronic manufacturers to manufacture, assemble, and test its products. &#160;If any of these third-parties were unable to obtain the necessary capital to operate their business, they may be unable to provide the Company with timely services or to make timely deliveries of products.&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the Company has experienced shortages or interruptions in supply for certain products or components used in the manufacture of the Company&#8217;s products that have been or will be discontinued. In order to ensure an adequate supply of these items, the Company has occasionally purchased quantities of these items that are in excess of the Company&#8217;s then current estimate of short-term requirements. If the long-term requirements do not materialize as originally expected, or if the Company develops alternative solutions that no longer employ these items and the Company is not able to dispose of these excess products or components, the Company could be subject to increased levels of excess and obsolete inventories. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:9px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:22px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recently, in our effort to manage our costs and inventory risks, we decreased our inventory levels of certain products. If there is an unexpected increase in demand for these items, we might not be able to supply our customers with products in a timely manner.</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions, and estimates that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Significant estimates and judgments are used for revenue recognition, performance-based equity compensation, inventory valuation, intangible asset valuation, contingent consideration valuation, allowance for warranty costs, and other loss contingencies. In order to determine the carrying values of assets and liabilities that are not readily apparent from other sources, the Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances. Actual results experienced by the Company may differ materially from management&#8217;s estimates. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recently Issued Accounting Standards </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 28, 2014, the FASB issued ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. &#160;In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued an update to ASC 330, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Inventory: Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by the Company in the first quarter of fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact of this update on its consolidated financial statements.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s revenues are derived from the sale and license of its products and to a lesser extent, from fees associated with training, technical support, and custom software design services offered to its customers. Product revenues consist of revenues from hardware sales and software licensing arrangements. Service revenues consist of product technical support (including in limited circumstances software post-contract support services) and training.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery to the customer&#8217;s carrier (and acceptance, as applicable) has occurred, the sales price is fixed or determinable, collectability is probable, and there are no post-delivery obligations. For non-distributor hardware sales, including sales to third party manufacturers, these criteria are generally met at the time of delivery to the customer&#8217;s carrier. However, for arrangements that contain contractual acceptance provisions, revenue recognition may be delayed until acceptance by the customer or the acceptance provisions lapse unless the Company can objectively demonstrate that the contractual acceptance criteria have been satisfied, which is generally accomplished by establishing a history of acceptance for the same or similar products.&#160; For sales made to the Company&#8217;s distributor partners, revenue recognition criteria are generally met at the time the distributor sells the products through to its end-use customer. Service revenue is recognized as the training services are performed, or ratably over the term of the support period. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for the rights of return, price protection, rebates, and other sales incentives offered to distributors of its products as a reduction in revenue. With the exception of sales to distributors, the Company&#8217;s customers are generally not entitled to return products for a refund. For sales to distributors, due to contractual rights of return and other factors that impact its ability to make a reasonable estimate of future returns and other sales incentives, revenues are not recognized until the distributor has shipped its products to the end customer</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's multiple deliverable revenue arrangements have historically been primarily related to sales of Grid products. As noted above, we completed the sale of our Grid division to S&amp;T in September 2014. Revenues from the Grid division are included in discontinued operations (see Note 5). For further information regarding our accounting for multiple deliverable revenue arrangements, please see Note 1 - Significant Accounting Policies, in the Notes to Consolidated Financial Statements in our 2014 Annual Report on Form 10-K.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Deferred Revenue and Deferred Cost of Goods Sold</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue consists substantially of amounts billed or payments received in advance of revenue recognition. Deferred cost of goods sold related to deferred product revenues includes direct product costs and applied overhead. Deferred cost of goods sold related to deferred service revenues includes direct labor costs and applied overhead. Once all revenue recognition criteria have been met, the deferred revenues and associated cost of goods sold are recognized.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Investments</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, restricted investments consist of balances maintained by the Company with an investment advisor in money market funds and permitted treasury bills. These balances represent collateral for a </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> operating line of credit issued to the Company by its primary bank for credit card purchases, as well as </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> standby letter of credit for </font><font style="font-family:inherit;font-size:10pt;">$113,000</font><font style="font-family:inherit;font-size:10pt;">. Because the Company&#8217;s agreement with the lender prevents the Company from withdrawing these funds, they are considered restricted. No amounts have ever been drawn against the standby letters of credit issued by the bank. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurements </font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company measures at fair value its cash equivalents and available-for-sale investments using a valuation hierarchy based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's own assumptions. These two types of inputs have created the following fair value hierarchy:</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 - Quoted prices for identical instruments in active markets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when estimating fair value. Other than cash and money market funds, the Company's only financial assets and liabilities required to be measured at fair value on a recurring basis at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, are its fixed income available-for-sale securities and its liability related to contingent consideration due to Lumewave, Inc. ("Lumewave") shareholders. See Note 2 of these Notes to Condensed Consolidated Financial Statements for a summary of the input levels used in determining the fair value of these assets and liabilities as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Goodwill</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill is tested for impairment using a two-step approach. The Company evaluates goodwill, at a minimum, on an annual basis during the first quarter and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. There was no impairment of goodwill as a result of the annual impairment review performed during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units were estimated using a combination of the income approach and the market approach. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's goodwill impairment analysis is sensitive to changes in key assumptions used in its analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and its stock price. The continued decline in the Company's stock price and market capitalization could lead to an impairment charge to its long-lived assets, including goodwill. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, management evaluated the current stock price, coupled with other inputs, and concluded that no impairment of either goodwill or long-lived assets was warranted as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> as the Company's fair value exceeded its carrying value.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the quarter ended June 30, 2014, the Company concluded there were indicators of potential goodwill impairment for the Company&#8217;s Grid business, including continued weakness and increased uncertainty in the Grid market; changes in the extent and manner of use of the unit's long-lived assets; and changes in our long-term strategy for the Grid business. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of June 30, 2014. Based on the Company's analysis using the two-step approach defined above, the Company recorded a non-cash, goodwill impairment charge of </font><font style="font-family:inherit;font-size:10pt;">$3.4 million</font><font style="font-family:inherit;font-size:10pt;"> in the second quarter of 2014.&#160; This impairment was reported as part of the discontinued operations results for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">. As a result, the Company has no goodwill remaining related to the Grid business that was disposed of during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, with the entire remaining goodwill balance being attributable to the IIoT reporting unit. This includes goodwill of </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> that was added during the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> in conjunction with the acquisition of Lumewave, Inc. (see Note 4 for additional details).</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Long-Lived Assets</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We evaluate the recoverability of property, plant and equipment in accordance with ASC No. 360,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting for the Property, Plant, and Equipment&#160;</font><font style="font-family:inherit;font-size:10pt;">("ASC No. 360"). We perform periodic reviews to determine whether facts and circumstances exist that would indicate that the carrying amounts of property, plant and equipment might not be fully recoverable. If facts and circumstances indicate that the carrying amount of property, plant and equipment might not be fully recoverable, we compare projected undiscounted net cash flows associated with the related asset or group of assets over their estimated remaining useful lives against their respective carrying amounts. In the event that the projected undiscounted cash flows are not sufficient to recover the carrying value of the assets, the assets are written down to their estimated fair values based on the expected discounted future cash flows attributable to the assets. Evaluation of impairment of property, plant and equipment requires estimates in the forecast of future operating results that are used in the preparation of the expected future undiscounted cash flows. Actual future operating results and the remaining economic lives of our property, plant and equipment could differ from our estimates used in assessing the recoverability of these assets. These differences could result in impairment charges, which could have a material adverse impact on our results of operations.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company terminated the lease agreements for its corporate headquarter facility in San Jose, California. These leases were scheduled to expire in </font><font style="font-family:inherit;font-size:10pt;">March 2020</font><font style="font-family:inherit;font-size:10pt;"> and had been historically accounted for under authoritative guidance pertaining to leases in which the Company is both involved in the construction of the lease assets and for which certain sale-leaseback criteria are not met. This resulted in the Company being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In conjunction with the termination of these leases and associated financing obligations, in May 2015 the Company paid an up-front lease termination charge of </font><font style="font-family:inherit;font-size:10pt;">$10.0 million</font><font style="font-family:inherit;font-size:10pt;">, which allowed the Company to remove approximately </font><font style="font-family:inherit;font-size:10pt;">$15.3 million</font><font style="font-family:inherit;font-size:10pt;"> of building related financing obligations from its balance sheet. At the same time, the Company entered into a short-term lease for one of the two buildings for the remainder of </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. As a result of the lease termination, the Company wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a charge of </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of the sale of the Grid business on </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company made the decision to cease use of one building within its corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, the Company recorded a write down of the building of </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;"> during the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Other Comprehensive Income (Loss):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td width="49%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="15%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="17%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Foreign currency translation adjustment</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Amount in thousands)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Unrealized gain (loss) on available-for-sale securities</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Amount in thousands)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-align:center;">Accumulated Other Comprehensive Income (Loss)</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-align:center;">(Amount in thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning balance at December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(424</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(431</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current period other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(797</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at September 30, 2015</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,236</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,228</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">None of the above amounts have been reclassified to the condensed consolidated statement of operations.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions, and estimates that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Significant estimates and judgments are used for revenue recognition, performance-based equity compensation, inventory valuation, intangible asset valuation, contingent consideration valuation, allowance for warranty costs, and other loss contingencies. In order to determine the carrying values of assets and liabilities that are not readily apparent from other sources, the Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances. Actual results experienced by the Company may differ materially from management&#8217;s estimates. </font></div></div> Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets Includes related party amounts of $1,680 and $683 for the three months ended September 30, 2015 and 2014, respectively; and related party amounts of $3,465 and $2,546 for the nine months ended September 30, 2015 and 2014, respectively. See Note 7 and Note 14 for additional information on related par Includes related party receivable of $1,404 and $158 as of September 30, 2015 and December 31, 2014, respectively Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively. See Note 6 for summary of amounts included representing stock-based compensation expense. Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets EX-101.SCH 6 elon-20150930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2112100 - Disclosure - Accrued Liabilities link:presentationLink link:calculationLink link:definitionLink 2412402 - Disclosure - Accrued Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 2312301 - Disclosure - Accrued Liabilities (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Accumulated Other Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Accumulated Other Comprehensive Income (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Accumulated Other Comprehensive Income (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Acquisition link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Acquisition (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Acquisition Purchase Price Allocation (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Acquisition Purchase Price Allocation (Tables) link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2409401 - Disclosure - Commitments and Contingencies Line of Credit (Details) link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - Condensed Consolidated Balance Sheets (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - Condensed Consolidated Statements of Compehensive Loss link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - Condensed Consolidated Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1002501 - Statement - Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Discontinued Operations link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Discontinued Operations (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Discontinued Operations (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Earnings Per Share (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Financial Instruments link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - Financial Instruments-Available for Sale Securities (Details 1) link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Financial Instruments Contingent Consideration (Details) link:presentationLink link:calculationLink link:definitionLink 2402402 - Disclosure - Financial Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2402402 - Disclosure - Financial Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2402405 - Disclosure - Financial Instruments (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2302301 - Disclosure - Financial Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 2114100 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2414401 - Disclosure - Income Taxes (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Inventories link:presentationLink link:calculationLink link:definitionLink 2411402 - Disclosure - Inventories Inventories (Details) link:presentationLink link:calculationLink link:definitionLink 2311301 - Disclosure - Inventories (Tables) link:presentationLink link:calculationLink link:definitionLink 2117100 - Disclosure - Joint Venture link:presentationLink link:calculationLink link:definitionLink 2417401 - Disclosure - Joint Venture (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - Related Parties link:presentationLink link:calculationLink link:definitionLink 2415401 - Disclosure - Related Parties (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - Restructuring link:presentationLink link:calculationLink link:definitionLink 2416402 - Disclosure - Restructuring Plan (Details) link:presentationLink link:calculationLink link:definitionLink 2416403 - Disclosure - Restructuring Plan (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2316301 - Disclosure - Restructuring (Tables) link:presentationLink link:calculationLink link:definitionLink 2113100 - Disclosure - Segment Disclosure link:presentationLink link:calculationLink link:definitionLink 2413402 - Disclosure - Segment Disclosure (Details 1) link:presentationLink link:calculationLink link:definitionLink 2413403 - Disclosure - Segment Disclosure (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2313301 - Disclosure - Segment Disclosure (Tables) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Significant Customers link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Significant Customers (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Significant Customers (Tables) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Stockholders' Equity and Employee Stock Option Plans link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Stockholders' Equity and Employee Stock Option Plans (Details) link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - Stockholders' Equity and Employee Stock Option Plans (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Stockholders' Equity And Employee Stock Option Plans (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2401402 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2401403 - Disclosure - Summary of Significant Accounting Policies Goodwill (Details) link:presentationLink link:calculationLink link:definitionLink 2401404 - Disclosure - Summary of Significant Accounting Policies Long-Lived Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 elon-20150930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 8 elon-20150930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 9 elon-20150930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Business Combinations [Abstract] Allocation of Purchase Price Consideration Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] Stockholders' Equity and Employee Stock Option Plans [Abstract] Stockholders' equity and employee stock option plans. Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table] Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table] Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs, by Report Line [Axis] Income Statement Location [Axis] Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Report Line [Domain] Income Statement Location [Domain] Cost of Revenues [Member] Cost of Revenues [Member] Cost of Revenues Product development [Member] Product Development [Member] Product development. Sales and marketing [Member] Selling and Marketing Expense [Member] General and administrative [Member] General and Administrative Expense [Member] Discontinued Operations [Member] Discontinued Operations [Member] Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items] Stock-based Compensation Expense Share-based Compensation, Allocation and Classification in Financial Statements [Abstract] Stock-based Compensation Expense, Total Allocated Share-based Compensation Expense Fair Value Disclosures [Abstract] Fair Value Inputs, Liabilities, Quantitative Information [Table] Fair Value Inputs, Liabilities, Quantitative Information [Table] Fair Value, Hierarchy [Axis] Fair Value, Hierarchy [Axis] Fair Value Hierarchy [Domain] Fair Value Hierarchy [Domain] Fair Value, Inputs, Level 3 [Member] Fair Value, Inputs, Level 3 [Member] Fair Value Inputs, Liabilities, Quantitative Information [Line Items] Fair Value Inputs, Liabilities, Quantitative Information [Line Items] BALANCE AT DECEMBER 31, 2014 Business Combination, Contingent Consideration, Liability Amortization of interest and change in fair value of contingent consideration Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability BALANCE AT SEPTEMBER 30, 2015 Discontinued Operations and Disposal Groups [Abstract] Proceeds from divestiture of Grid business Proceeds from Divestiture of Businesses Contingent consideration discontinued operations Contingent consideration discontinued operations Contingent consideration discontinued operations Revenue targets to earn contingent consideration Revenue targets to earn contingent consideration Revenue targets to earn contingent consideration Fair value of contingent consideration receivable Fair value of contingent consideration receivable Fair value of contingent consideration receivable Term of sub-lease and supply arrangement deemed insignificant in disposal Discontinued Operation, Period of Continuing Involvement after Disposal Restructuring and related charges included in discontinued operations Disposal Group, Including Discontinued Operation, Restructuring Charges Disposal Group, Including Discontinued Operation, Restructuring Charges Disposal Groups, Including Discontinued Operations [Table] Disposal Groups, Including Discontinued Operations [Table] Operating Activities [Axis] Operating Activities [Axis] Operating Activities [Domain] Operating Activities [Domain] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Revenues Disposal Group, Including Discontinued Operation, Revenue Cost of revenues Disposal Group, Including Discontinued Operation, Costs of Goods Sold Operating expenses Disposal Group, Including Discontinued Operation, Operating Expense Loss from discontinued operations before income taxes Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax Income taxes Discontinued Operation, Tax Effect of Discontinued Operation Loss on sale of Grid business Gain (Loss) on Disposition of Business Net loss from discontinued operations, net of income taxes Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Net loss from discontinued operations attributable to non-controlling interest, net of income taxes Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent Revenue from related parties Revenue from Related Parties Risks and Uncertainties [Abstract] Revenues attributable to sales to major customers Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block] Payables and Accruals [Abstract] Accrued Liabilities Accounts Payable and Accrued Liabilities Disclosure [Text Block] Inventory Disclosure [Abstract] Inventories Inventory Disclosure [Text Block] Income Statement [Abstract] Revenues Revenues Cost of revenues Cost of Revenue Gross profit Gross Profit Operating expenses: Operating Expenses [Abstract] Product development Research and Development Expense Sales and marketing Selling and Marketing Expense General and administrative General and Administrative Expense Lease termination charges Loss on Contract Termination Loss on write down of property, equipment and other Impairment of Long-Lived Assets Held-for-use Costs Incurred Restructuring Charges Total operating expenses Operating Expenses Loss from continuing operations Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest Interest and other income, net Nonoperating Income (Expense) Interest expense on lease financing obligations Interest Expense, Other Loss from continuing operations before provision for income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Income tax expense (benefit) Income Tax Expense (Benefit) Net loss from continuing operations attributable to Echelon Corporation Stockholders Income (Loss) from Continuing Operations Attributable to Parent Net loss from discontinued operations, net of income taxes Net loss from discontinued operations attributable to non-controlling interest, net of income taxes Net loss attributable to Echelon Corporation Stockholders Net Income (Loss) Attributable to Parent Earnings Per Share [Abstract] Earnings Per Share [Abstract] Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders (usd per shares) Income (Loss) from Continuing Operations, Per Basic and Diluted Share Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders (usd per shares) Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share Basic and diluted net loss per share attributable to Echelon Corporation Stockholders (usd per shares) Net income (loss) attributable to parent, per basic and diluted share The amount of net income or loss attributable to parent for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Shares used in computing net loss per share: Weighted Average Number of Shares Outstanding, Basic [Abstract] Basic (shares) Weighted Average Number of Shares Outstanding, Basic Diluted (shares) Weighted Average Number of Shares Outstanding, Diluted Income Tax Disclosure [Abstract] Income Taxes (Textual) [Abstract] Income Taxes (Textual) [Abstract] Income taxes. Unrecognized tax benefits Unrecognized Tax Benefits Unrecognized tax benefits that would impact effective tax rate Unrecognized Tax Benefits that Would Impact Effective Tax Rate Accrued for interest and penalties Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued Reduction in gross unrecognized tax benefits Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations Stockholders' Equity and Employee Stock Option Plans (Textual) [Abstract] Stockholders' Equity and Employee Stock Option Plans (Textual) [Abstract] Stockholders' equity and employee stock option plans. Total intrinsic value of options exercised Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value Total fair value of RSUs vested and released Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value Restructuring and Related Activities [Abstract] Schedule of Restructuring and Related Costs [Table] Schedule of Restructuring and Related Costs [Table] Restructuring Plan [Axis] Restructuring Plan [Axis] Restructuring Plan [Domain] Restructuring Plan [Domain] September 2014 Restructuring Plan [Member] September 2014 Restructuring Plan [Member] September 2014 Restructuring Plan [Member] Restructuring Cost and Reserve [Line Items] Restructuring Cost and Reserve [Line Items] Restructuring Reserve [Roll Forward] Restructuring Reserve [Roll Forward] Restructuring Reserve Restructuring Reserve Cash Payments Payments for Restructuring Restructuring Reserve Accrued liabilities Schedule of Accrued Liabilities [Table Text Block] Financial Instruments (Textual) [Abstract] Financial Instruments (Textual) [Abstract] Financial instruments. Maximum remaining maturities period of investments included in cash equivalents Maximum Remaining Maturities Period of Investments Included in Cash Equivalents Maximum remaining maturities period of investments included in cash equivalents. Average short-term investments maturity period Average Short Term Investments Maturity Period Average short-term investments maturity period. Property, Plant and Equipment [Table] Property, Plant and Equipment [Table] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Domain] Property, Plant and Equipment, Type [Domain] Building [Member] Building [Member] Property, Plant and Equipment [Line Items] Property, Plant and Equipment [Line Items] Fair value of building asset Property, Plant, and Equipment, Fair Value Disclosure Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value Measurements, Recurring and Nonrecurring [Table] Measurement Frequency [Axis] Measurement Frequency [Axis] Fair Value, Measurement Frequency [Domain] Fair Value, Measurement Frequency [Domain] Fair Value, Measurements, Recurring [Member] Fair Value, Measurements, Recurring [Member] Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] Fair Value, Inputs, Level 1 [Member] Significant Other Observable Inputs (Level 2) [Member] Fair Value, Inputs, Level 2 [Member] Significant Unobservable Inputs (Level 3) [Member] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair value of asset measured on a recurring basis Assets, Fair Value Disclosure [Abstract] Money market funds Cash and Cash Equivalents, Fair Value Disclosure Fixed income available-for-sale securities Available-for-sale Securities Total Assets, Fair Value Disclosure Contingent consideration Level 3 financial liabilities ending balance Level 3 financial liabilities ending balance Level 3 financial liabilities ending balance Discontinued Operations Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] Related Party Transactions [Abstract] Related Parties Related Party Transactions Disclosure [Text Block] Restructuring Restructuring and Related Activities Disclosure [Text Block] Commitments and Contingencies Disclosure [Abstract] Commitments And Contingencies Commitments and Contingencies Disclosure [Text Block] Schedule of Restructuring and Related Costs Restructuring and Related Costs [Table Text Block] Schedule of Business Acquisitions, by Acquisition [Table] Schedule of Business Acquisitions, by Acquisition [Table] Business Acquisition [Axis] Business Acquisition [Axis] Business Acquisition, Acquiree [Domain] Business Acquisition, Acquiree [Domain] Lumewave [Member] Lumewave [Member] Lumewave [Member] Business Acquisition [Line Items] Business Acquisition [Line Items] Cash and cash equivalents Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents Accounts receivable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables Inventory Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory Other current assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets Property and equipment Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment Identifiable intangible assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles Goodwill Goodwill Accounts payable Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable Accrued liabilities Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities Business Combination, Consideration Transferred Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Accounting Policies [Abstract] Summary of Significant Accounting Policies Significant Accounting Policies [Text Block] Stock issued during period (shares) Stock Issued During Period, Shares, New Issues Stock issued during period Stock Issued During Period, Value, New Issues Number of shares sold by related party. Number of Shares Sold by Related Party Number of shares sold by related party. Number of board members related party can nominate Number of Board Members Related Party Can Nominate Number of board members related party can nominate. Number of related party representatives on board Number of Related Party Representatives on Board Number of related party representatives on board. Revenue from Related Parties Accounts receivable, related rarties Accounts Receivable, Related Parties, Current Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] Developed Technology Rights [Member] Developed Technology Rights [Member] Customer Relationships [Member] Customer Relationships [Member] Trade Names [Member] Trade Names [Member] Percentage of voting interests acquired Business Acquisition, Percentage of Voting Interests Acquired Payments to acquire businesses Payments to Acquire Businesses, Gross Fair value of stock issued in connection with acquisition Business Combination, Consideration Transferred, Equity Interests Issued and Issuable Contingent consideration high range of outcomes Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High Initial accounting adjustment of contingent consideration Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred Useful life Acquired Finite-lived Intangible Assets, Weighted Average Useful Life Fair value inputs, discount range, low end of range Fair value inputs, discount range, low end of range Fair value inputs, discount range, low end of range Fair value inputs, discount range, high end of range Fair value inputs, discount range, high end of range Fair value inputs, discount range, high end of range Early Contract Termination Fees Early Contract Termination Fees Early Contract Termination Fees Increase (Decrease) in Capital Lease Obligations Increase (Decrease) in Capital Lease Obligations Increase (Decrease) in Capital Lease Obligations Significant Customers Concentration Risk Disclosure [Text Block] Statement [Table] Statement [Table] Statement [Line Items] Statement [Line Items] Number of Employees Reduced by Restructuring Number of Employees Reduced by Restructuring Number of employees reduced by restructuring. Stock-based Compensation Expense Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Credit Facility [Axis] Credit Facility [Axis] Credit Facility [Domain] Credit Facility [Domain] Line of Credit [Member] Line of Credit [Member] Standby Letters of Credit [Member] Standby Letters of Credit [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Line of credit borrowing capacity Line of Credit Facility, Current Borrowing Capacity Restricted investments Restricted Investments, Current Number of Letter of Credit Number of Letter of Credit Number of letter of credit. Earnings Per Share Earnings Per Share [Text Block] Statement of Financial Position [Abstract] ASSETS Assets [Abstract] CURRENT ASSETS: Assets, Current [Abstract] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Short-term investments Short-term Investments Accounts receivable, net Accounts Receivable, Net, Current Inventories Inventory, Net Deferred cost of goods sold Deferred Costs, Current Other current assets Other Assets, Current Current assets of discontinued operations held for sale Disposal Group, Including Discontinued Operation, Assets, Current Total current assets Assets, Current Property and equipment, net Property, Plant and Equipment, Net Intangible assets, net Intangible Assets, Net (Excluding Goodwill) Goodwill Other long‑term assets Other Assets, Noncurrent Long-term assets of discontinued operations held for sale Assets held for sale Non Current Assets held for sale Non Current Total assets Assets LIABILITIES AND STOCKHOLDERS’ EQUITY Liabilities and Equity [Abstract] CURRENT LIABILITIES: Liabilities, Current [Abstract] Accounts payable Accounts Payable, Current Accrued liabilities Accrued Liabilities, Current Current portion of lease financing obligations Other Long-term Debt, Current Deferred revenues Deferred Revenue, Current Current liabilities of discontinued operations held for sale Disposal Group, Including Discontinued Operation, Liabilities, Current Total current liabilities Liabilities, Current LONG-TERM LIABILITIES: Liabilities, Noncurrent [Abstract] Lease financing obligations, excluding current portion Other Long-term Debt, Noncurrent Other long-term liabilities Other Liabilities, Noncurrent Total long-term liabilities Liabilities, Noncurrent STOCKHOLDERS’ EQUITY: Stockholders' Equity Attributable to Parent [Abstract] Common stock Common Stock, Value, Outstanding Additional paid-in capital Additional Paid in Capital Treasury stock Treasury Stock, Value Accumulated other comprehensive income Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated deficit Retained Earnings (Accumulated Deficit) Total Echelon Corporation stockholders’ equity Stockholders' Equity Attributable to Parent Noncontrolling interest in discontinued operations of subsidiary Stockholders' Equity Attributable to Noncontrolling Interest Total stockholders’ equity Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Total liabilities and stockholders’ equity Liabilities and Equity Revenues attributable to sales [Table] Concentration Risk [Table] Revenues attributable to sales [Axis] Concentration Risk Type [Axis] Revenues attributable to sales [Domain] Concentration Risk Type [Domain] Avnet [Member] Ebv Avnet [Member] EBV Avnet. Enel [Member] Enel [Member] Enel. Revenues attributable to sales [Line Items] Concentration Risk [Line Items] Numbers of customers Number of Major Customers Number of major customers. Total Concentration Risk, Percentage Income Taxes Income Tax Disclosure [Text Block] Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures Disposal Groups, Including Discontinued Operations [Table Text Block] Fair value of asset measured on a recurring basis Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] Level 3 Rollforward Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Fair value of short term investment unrealized holdings and gains Fair Value of Short Term Investment Unrealized Holdings and Gains [Table Text Block] Fair value of short term investment unrealized holdings and gains. Accrued payroll and related costs Accrued Salaries, Current Warranty reserve Product Warranty Accrual, Current Restructuring charges Restructuring Reserve, Current Contingent consideration Business Combination, Contingent Consideration, Liability, Current Other accrued liabilities Other Accrued Liabilities, Current Accrued liabilities Reconciliation of Basic and Diluted Earnings (Loss) Per Share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Segment Reporting [Abstract] Revenue information by geography Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] Acquisitions Business Combination Disclosure [Text Block] Schedule of Inventory, Current Schedule of Inventory, Current [Table Text Block] Equity [Abstract] Accumulated Other Comprehensive Income (Loss) Stockholders' Equity Note Disclosure [Text Block] Equity Method Investments and Joint Ventures [Abstract] Joint Venture (Textual) [Abstract] Less Than Wholly Owned Subsidiary (Textual) [Abstract] Less than wholly owned subsidiary. Ownership interest in the joint venture Less Than Wholly Owned Subsidiary Ownership Percentage The percentage of ownership of common stock or equity participation in the less than wholly owned subsidiary consolidated in the parent's books. Net loss from discontinued operations attributable to non-controlling interest, net of income taxes Registered capital of the Joint venture Less Than Wholly Owned Subsidiary Summarized Financial Information Equity Amount of equity, including noncontrolling interest, reported by less than wholly owned subsidiary of the entity. Number of potentially dilutive stock options Weighted Average Number Diluted Shares Outstanding Adjustment Number of stock option, stock appreciation rights, and restricted stock units Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Financial Instruments Fair Value Disclosures [Text Block] Joint Venture Equity Method Investments and Joint Ventures Disclosure [Text Block] Basis of Presentation Consolidation, Policy [Policy Text Block] Risks and Uncertainties Concentration Risk, Credit Risk, Policy [Policy Text Block] Use of Estimates Use of Estimates, Policy [Policy Text Block] Recently Issued Accounting Standards New Accounting Pronouncements, Policy [Policy Text Block] Revenue Recognition Revenue Recognition, Policy [Policy Text Block] Deferred Revenue and Deferred Cost of Goods Sold Deferred Revenue and Deferred Cost of Goods Sold [Policy Text Block] Deferred revenue and deferred cost of goods sold. Restricted Investments Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] Fair Value Measurements Fair Value Measurement, Policy [Policy Text Block] Goodwill Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] Long-Lived Assets Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] Stockholders' Equity and Employee Stock Option Plans Stockholders' Equity and Employee Stock Option Plans [Text block] Stockholders' equity and employee stock option plans. Statement of Cash Flows [Abstract] CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES: Net Cash Provided by (Used in) Operating Activities [Abstract] Net loss including noncontrolling interest Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization Depreciation, Depletion and Amortization Increase (decrease) in allowance for doubtful accounts Provision for Doubtful Accounts Loss on disposal of Grid business Goodwill impairment charges Goodwill, Impairment Loss Loss on disposal of and write down of property, equipment and other Gain (Loss) on Sale of Assets and Asset Impairment Charges Reduction of (increase in) accrued investment income Increase (Decrease) in Accrued Investment Income Receivable Stock-based compensation Share-based Compensation Adjustment to contingent consideration Change in operating assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Accounts receivable Increase (Decrease) in Accounts Receivable Inventories Increase (Decrease) in Inventories Deferred cost of goods sold Increase Decrease in Deferred Cost of Goods Sold The net change in the deferred cost of goods sold that are associated with deferred revenues in the liability section of the balance sheet, the benefits of which are generally received in one year or less. Other current assets Increase (Decrease) in Other Operating Assets Accounts payable Increase (Decrease) in Accounts Payable Accrued liabilities Increase (Decrease) in Accrued Liabilities Deferred revenues Increase (Decrease) in Deferred Revenue Deferred rent Increase (Decrease) in Other Deferred Liability Net cash used in operating activities Net Cash Provided by (Used in) Operating Activities CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES: Net Cash Provided by (Used in) Investing Activities [Abstract] Purchases of available‑for‑sale short‑term investments Payments to Acquire Available-for-sale Securities Proceeds from maturities and sales of available‑for‑sale short‑term investments Proceeds from Sale and Maturity of Available-for-sale Securities Cash paid for acquisition, net of cash acquired Payments to Acquire Businesses, Net of Cash Acquired Change in other long‑term assets Payments for (Proceeds from) Other Investing Activities Capital expenditures Payments to Acquire Property, Plant, and Equipment Net cash provided by investing activities Net Cash Provided by (Used in) Investing Activities CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES: Net Cash Provided by (Used in) Financing Activities [Abstract] Principal payments of lease financing obligations Repayments of Other Debt Restricted cash used as collateral for line of credit Payments of Restricted Cash as Collateral for Lines of Credit Payments of Restricted Cash as Collateral for Lines of Credit Proceeds from exercise of stock options Proceeds from Stock Options Exercised Repurchase of common stock from employees for payment of taxes on vesting of restricted stock units and upon exercise of stock options Repurchase of Common Stock from Employees for Payment of Taxes on Vesting of Performance Shares and Upon Exercise of Stock Options Repurchase of common stock from employees for payment of taxes on vesting of performance shares and upon exercise of stock options. Net cash used in financing activities Net Cash Provided by (Used in) Financing Activities EFFECT OF EXCHANGE RATE CHANGES ON CASH Effect of Exchange Rate on Cash and Cash Equivalents NET CHANGE IN CASH AND CASH EQUIVALENTS Cash and Cash Equivalents, Period Increase (Decrease) CASH AND CASH EQUIVALENTS: Cash and Cash Equivalents, Period Increase (Decrease) [Abstract] Beginning of period End of period SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Supplemental Cash Flow Information [Abstract] Cash paid for interest on lease financing obligations Interest Paid Cash paid for income taxes Income Taxes Paid, Net NON CASH INVESTING ACTIVITIES: Noncash Investing and Financing Items [Abstract] Net loss (Numerator): Net Income (Loss) Attributable to Parent [Abstract] Net loss from continuing operations attributable to Echelon Corporation Stockholders Net loss from discontinued operations attributable to Echelon Corporation Stockholders Shares (Denominator): Weighted average common shares outstanding (shares) Shares used in basic computation (shares) Weighted Average Number of Shares Issued, Basic Common shares issuable upon exercise of stock options (treasury stock method) Shares used in diluted computation (shares) Net loss per share: Net Income Per Share [Abstract] Net income per share. Basic and diluted net loss attributable to Echelon Corporation Stockholders (usd per shares) Fair value of short term investment unrealized holdings and gains Schedule of Available for Sale Securities Reconciliation [Abstract] Schedule of available for sale securities reconciliation. Amortized Cost Available-for-sale Debt Securities, Amortized Cost Basis Aggregate fair value Unrealized Holdings gains Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax Unrealized Holdings Losses Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax Condensed Consolidated Balance Sheet (Parenthetical) [Abstract] Condensed Consolidated Balance Sheet (Parenthetical) [Abstract] Segment Disclosure Segment Reporting Disclosure [Text Block] Schedule of Goodwill [Table] Schedule of Goodwill [Table] Goodwill [Line Items] Goodwill [Line Items] Condensed Consolidated Statements of Comprehensive Loss [Abstract] Condensed Consolidated Statements of Comprehensive Loss [Abstract] Net loss Other comprehensive income (loss), net of tax: Other Comprehensive Income (Loss), Net of Tax [Abstract] Foreign currency translation adjustment Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Unrealized holding gain (loss) on available-for-sale securities Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax Total other comprehensive loss Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Comprehensive loss Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Less: comprehensive loss from discontinued operations attributable to non-controlling interests Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Comprehensive loss attributable to Echelon Corporation Stockholders Comprehensive Income (Loss), Net of Tax, Attributable to Parent Schedule of Accumulated Other Comprehensive Income (Loss) Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Number of reportable segments Number of Reportable Segments Number of geographic areas Number of Geographic Areas Number of geographic areas. Long-lived assets US Long-Lived Assets Document and Entity Information [Abstract] Document and entity information. Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Amendment Flag Amendment Flag Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Accumulated Other Comprehensive Income (Loss) [Table] Accumulated Other Comprehensive Income (Loss) [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Foreign currency translation adjustment Accumulated Foreign Currency Adjustment Attributable to Parent [Member] Unrealized gain (loss) on available-for-sale securities Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] Accumulated Other Comprehensive Income (Loss) [Line Items] Accumulated Other Comprehensive Income (Loss) [Line Items] AOCI Attributable to Parent, Net of Tax [Roll Forward] AOCI Attributable to Parent, Net of Tax [Roll Forward] Balance at beginning of period Current period change Current period change Current period change Balance at end of period Inventories [Abstract] Inventories [Abstract] Purchased materials Inventory, Raw Materials, Net of Reserves Finished goods Inventory, Finished Goods, Net of Reserves Inventory, Net Schedule of Revenues from External Customers and Long-Lived Assets [Table] Schedule of Revenues from External Customers and Long-Lived Assets [Table] Geographical [Axis] Geographical [Axis] Segment, Geographical [Domain] Geographical [Domain] Americas [Member] Americas [Member] EMEA [Member] EMEA [Member] Asia Pacific [Member] Asia Pacific [Member] Revenues from External Customers and Long-Lived Assets [Line Items] Revenues from External Customers and Long-Lived Assets [Line Items] Revenue Information by Geography [Abstract] Revenue Information by Geography [Abstract] Revenue information by geography. Percentage of net revenue Number of Major Customers Line of Credit Maintained EX-101.PRE 10 elon-20150930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 11 R39.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Fair value of asset measured on a recurring basis    
Fixed income available-for-sale securities $ 17,400 $ 30,230
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Fair value of asset measured on a recurring basis    
Money market funds [1] 5,294 9,023
Fixed income available-for-sale securities [2] 0 0
Total 5,294 9,023
Contingent consideration 0 0
Level 3 financial liabilities ending balance 0 0
Significant Other Observable Inputs (Level 2) [Member]    
Fair value of asset measured on a recurring basis    
Money market funds [1] 0 0
Fixed income available-for-sale securities [2] 17,400 30,230
Total 17,400 30,230
Contingent consideration 0 0
Level 3 financial liabilities ending balance 0 0
Significant Unobservable Inputs (Level 3) [Member]    
Fair value of asset measured on a recurring basis    
Money market funds [1] 0 0
Fixed income available-for-sale securities [2] 0 0
Total 0 0
Contingent consideration 870 968
Level 3 financial liabilities ending balance 870 968
Fair Value, Measurements, Recurring [Member]    
Fair value of asset measured on a recurring basis    
Money market funds [1] 5,294 9,023
Fixed income available-for-sale securities [2] 17,400 30,230
Total 22,694 39,253
Contingent consideration 870 968
Level 3 financial liabilities ending balance $ 870 $ 968
[1] Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets
[2] Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
XML 12 R54.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accrued Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Payables and Accruals [Abstract]    
Accrued payroll and related costs $ 2,090 $ 1,463
Warranty reserve 121 143
Restructuring charges 84 701
Contingent consideration 870 0
Other accrued liabilities 426 537
Accrued liabilities $ 3,591 $ 2,844
XML 13 R48.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity and Employee Stock Option Plans (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total $ 156 $ (314) $ 109 $ 992
Cost of Revenues [Member]        
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total (34) 76 (102) 235
Product development [Member]        
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total 94 130 229 (37)
Sales and marketing [Member]        
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total (19) 79 (109) 174
General and administrative [Member]        
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total 115 225 91 962
Discontinued Operations [Member]        
Stock-based Compensation Expense        
Stock-based Compensation Expense, Total $ 0 $ (824) $ 0 $ (342)
EXCEL 14 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0````(`"Q]:4=/,G'-"@(``/XD```3````6T-O;G1E;G1?5'EP97-= M+GAM;,W:2V[;,!`&X*L8VA86S9?[0)Q-TVT;(+D`*XTMPJ)(D(SCW#Z4G`2M MX19)&P/_QK(\Y,Q((WTK7]P^!$JSO>N'M*JZG,,7QE+3D3.I]H&&$EG[Z$PN MIW'#@FFV9D-,+!9+UO@ATY#G>IL>"KU;5^RI/+;JBK1 M]*H*QQO_UIEUX]#"L/EMQWC^C]=R=!-WKK^*YMX>%=B=;4SCL7;&#J=&=>_C M]J?WV_=\3&B\JI;:>8AE8%,?`J0/"=*'`NE#@_2Q!.GC M(T@?GT#Z^`S2!U^@-((B*DQW8O MG*\M"_V/Z'D4X$G1H>)%]2-F`Q+M*;V"^GH`A3&^.R6:E((C-Z."N[_8_`)0 M2P,$%`````@`+'UI1]F`84<9`@``!"4``!H```!X;"]?8+[],:;_67[8[X_;]#)LOYU37_Y1 M$7XM4(7E(%D.$DJ0+@AA.>B!$O2X M'/1("8HUD+'F)"&L.5I'P'7D>!T!V)$C=@1D1X[9$:`=.6I'P';DN!T!W)$C M=P1T1X[=$>`=.7H+T%LX>@O06TC/VNAAFZ.W`+V%H[<`O86CMP"]A:.W`+V% MH[<`O86CMP"]A:.W`+V%H[<"O96CMP*]E:.W`KV5M%>"-DLX>BO06SEZ*]!; M.7HKT%LY>BO06SEZ*]!;.7HKT%LY>AO0VSAZ&]#;.'H;T-LX>AO0VTA[W6BS MFZ.W`;V-H[#="[X>C= M7.F=NW9*N[N7RK/ MD/#7!T_/GU!+`P04````"``L?6E'1KPHTU8#``#:#@``$````&1O8U!R;W!S M+V%P<"YX;6R]5]MRVC`0_14-+VT?$@.YM,T0SU"23M-))TR@Z;,B+U@367(E MF8%^?==RH#:1Q>6A>8DL[]G+V:,5'DC3O1IKE8.V'`Q99D*:*]R\[J36YE=1 M9%@*&36G:"+Q[4SIC%I\U/-(S6:V2@1A$VP8.@9XGP`K-[2KN5C;U+6KKG\L7\S*?JAEJHHYHO*N\IU9!@T(;WS::S^;;" M.D6)':54SB&IV[Y]N>;B";0I*^WU3[OXMZ%@O5_Y!IIP.1]3KDT\6-BK!3"K M]&N;%O;8+B6*E4TW3U/,SW3(,S50+J\["ZHYE;9##/^#C_U.%;;:=6N1&ZOC M7TJ_F!3`FD&TV73+NFU]S<_CRYZSP%73,MI4%K_2UJB[W)ER*\`\S,94V_]$ MA:MI3<1EKU.K?NV"4)F06VE1CN1.5J&P>75*-JN1PG,A#20$5T8)GJ#,$O*% M"BH9D",P9X=@)A;_8@?GHQ4R*+*-Z1=2,3/A<)48%?PV?7*>"UOJ9:H-$/&H(D[V5ZS(?M=<,-;FWO##5.8C2RP MG`<\\TX'_I`3J]A+JD2")_T=N47'J!XGI"P7:N7'U"H?%<:J#,$M%&<9MZY@ MYW3DTIH#T@%^!#)99(5PG7BP*?)0#DP-*7:*+_Q\W,D%1E`ZX%.75-QS^LP% MMVUV$YB[PZ MT/[2';Y*M_]Y?^GN*B>@R+/>+D7N=+XMS3#@K4;#]@V=[7`=DM.9?X:&,4?, MT+-/A\CV!BSEHJ4>/V8S@O;'G`P7&*5D[HC<_'>I[TP%BPD`R!26AQ_$<_]% M6L>$,VH]LA7J\-OFW-_Z,.:@8QYL2?"N(O>'SX:+_L[9T)@3`=Z\8R+8'=^< M6)??.QS2)K'Z7=BPM@45;1.I<3MNH_:88F/\P;FC_`"@M9;&A1LNYLTWPM87 M0=3\DHW_`E!+`P04````"``L?6E'.[3&ULS9--3\,P#(;_"NJ]2[,Q)**N!T".%K?X:7H\6[G MZP23@D`-&@P&0D>49-6KV1K;F)(,^JJ,CFL><&ZE6BF0=^U0]CL5.R-X'8YR MD'W[]/=/#RE#LJYR'U1?U33-J)FDNC@P)>_SIY=T-KDR`;D1$%5!,6P=S+)3 MY[?)_.5067,1+F&^B1,L[):?(/!R4"=,EVT+;6.]#%6Z7T-T>#EQ M96OKVV/J1W3VJJHO4$L#!!0````(`"Q]:4>97)PC$`8``)PG```3````>&PO M=&AE;64O=&AE;64Q+GAM;.U:6W/:.!1^[Z_0>&?V;0O&-H&VM!-S:7;;M)F$ M[4X?A1%8C6QY9)&$?[]'-A#+E@WMDDVZFSP$+.G[SD5'Y^@X>?/N+F+HAHB4 M\GA@V2_;UKNW+][@5S(D$4$P&:>O\,`*I4Q>M5II`,,X?+&A`T%116F]?(+3E'S/X%/F7/Z3H=,H%N,!M8('_.;Z?D3EJ(X53"Q,!J9S]6 M:\?1TDB`@LE]E`6Z2?:CTQ4(,@T[.IU8SG9\]L3MGXS*VG0T;1K@X_%X.+;+ MTHMP'`3@4;N>PIWT;+^D00FTHVG09-CVVJZ1IJJ-4T_3]WW?ZYMHG`J-6T_3 M:W?=TXZ)QJW0>`V^\4^'PZZ)QJO0=.MI)B?]KFNDZ19H0D;CZWH2%;7E0-,@ M`%AP=M;,T@.67BGZ=90:V1V[W4%<\%CN.8D1_L;%!-9ITAF6-$9RG9`%#@`W MQ-%,4'RO0;:*X,*2TER0UL\IM5`:")K(@?5'@B'%W*_]]9>[R:0S>IU].LYK ME']IJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+`GQ^R-;88C'(CN]WV6'WV3T=N(]>IP+,BUY1&)$6? MR"VZY!$XM4D-,A,_")V&F&I0'`*D"3&6H8;XM,:L$>`3?;>^",C?C8CWJV^: M/5>A6$G:A/@01AKBG'/F<]%L^P>E1M'V5;SOX%^9PU"AR1&QT"9QNS1B&$:;OP'J\DCIJMPA$K0CYB M&38:CFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX"C>6QKQ0KH)[`?_1VC?"J_B" MP#E_+GW/I>^Y]#VATK\>WZV22$KYI9+2,6D$N!LT$DN/R+RO`JQ`GH9%LE"0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/^3Q?Y[3-"S-#MW)+ZK:4OK4F M.$KTL@'37[]EUVY".E,%.70[@:0KX#;;J=W#HXGIB1 MN0K34I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OGP5&PH^\\EAW'B/*B(>ZAAIC/ MPT.'>7M?F&>5QE`T%&ULK"0L1K=@N-?Q+!3@9&`MH`>#KU$"\E)58#%;Q@,K MD*)\3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB4CG":9@39ZO*WF6QP54=SU5; M\K"^:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB\QE3ON>;G*YZ(G;Z MEW?!8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(3)QYQ1$!=$4"(Y4U#VT%SU&\Z.9X!ZSAW.;>KC"1:S_6-8>^3+?.7#;.MX# M7N83+$.D?L%]BHJ`$:MBOKJO3_DEG#NT>_&!()O\UMND]MW@#'S4JUJE9"L1 M/TL'?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA9CC?AT6:&C/5BZPYC0IO M0=5`Y3_;U`UH]@TT')$%7C&9MC:CY$X*/-S^[PVPPL2.X>V+OP%02P,$%``` M``@`+'UI1^KK:&M,`@``=@H```T```!X;"]S='EL97,N>&ULS59=:]LP%/TK M0BFCA1';"4UI:QM&(3#8RJ!YV%N1;=D6Z,.3Y>5ZB@ISO9(+R9#24UEX=24Q MRFH3Q*@W\_V%QQ#A,`YYPY9,U2`5#5<1G/<03+QGZ_N]_%+NW`%@>/XFD4P6%Q#[_6D4_\PKU[;HUZ\C?HOS'O$-X;8ZXH3 MA[G@0XUFT`%Q6+^`-:+:/S#NJ:!"`J4/02NP"$<,.X\'1$DBB0%SQ`C=.'AF M`'MNG1\C7$B;VV78SS/UATRR2"+H=[_7ITL&=CN8[1%*Q]O30!Q62"DL^5)/ M0&>O-I7>'!<<.Y'6[XAW(=$FF%WO!-A!YTV$S+#L,P=P"\4AQ;G2`9(4I1F5 MJ(QTH91@VL@(*@1'U%!N(SI#TZ:8TB?SE?S,1]QM#IR/.6,?`J-B:^I"=.9P M#6Q1O5TVQ[U+>QHO:/,^@8Y&544W7R@I.,-.K(.6HIL=HP\.T,1WQ)5*]RJ[@9[;7Y(X:E;_I^:WK]J@QI]!3^Z/"V2YC?'C\Q^G7!/YL?>FA,DO$-Q3%,[6VF+QB!`?[FY$?+'JO54\1P<'^CC/2L%NK8'AIQG\`4$L#!!0` M```(`"Q]:4=ULM.,R00``%T3```/````>&PO=V]R:V)O;VLN>&ULE9A;;^,V M$$;_"J&7;A]:6S?G@O4"V23;ID@;(P[29T:B(V(IT26I7/;7=R3'R2=[5DB> M+,GB$3D\,Z3TV1\_6O?]SMKOXJDVC3]V\Z@*87T\F?BB4K7TO]NU:NB_E76U M#'3J[B=VM=*%.K-%6ZLF3)+I=#9QRLB@;>,KO?;1"\V_A^;73LG25TJ%VFQ@ MM=1-].6S/UYIHVZ5\P06X\BI,L268;1G?; MK5:/'H'=!2&+H!_4C;R;1]-(R#;8;]H$Y_ ML]:-KO6/KM]TYBO[^*=U^H=M@C3+PEEC^E;='WTC>H)_O4)]#+H8W!CDW74W M$_-H-B7@@_;Z3AL=GN=1?VQ4-Y+)SE#Z\+\=B:8/SG:*A6Q*<=X$HHB+9C-Y M%)JN#W3S1=D_V!UK.G`79;P)%8).;5.JQJM2T)&W1I<4E5)\E48VA1(`2@"4 M?!24`B@%4/INT#+0#PT90!F`LH^"<@#E`,H_"IH!:`:@V4=!!P`Z`-#!/FC9 MUK5TS\*NQ%+?-YJR7I(,)T5A6Y(!0(<`.MP'?=,-38^6ANSQP?5.>6A^!,V/ M]IN?2]=0]GBQ4$XL*^D4FC=%]:;[K4^*_UH2?U?8@;&,LF?:%Y2$NFDI=E=K MY3;E#1'H:LS(N@RV^%Y94U(E^46<4SM$\4'^HV@U[@%;&C);4`]=-RJ66?67;:8XNQHR,2W7?U[1N@HWU M[=`F5#%F7+QH"HJ]N)%/@Z#3-"VA+-M+/&3#%'H7<)XQZ:^^$2KF%'^5R2A>`DC MWGX58#$H7<)(!^5`+%I75-(KL7"TH1$GQEA$H8@)(^)/2L2V6XA"*1-.2JY4 MG+R4BN0(46AHPAC*E@HN5"DZF[*5R_Y60Q:G3)6#U*2):#-*6/S:(JEN-JG:'3*&#V.PO4^1:/3CZ[XZ2&B MT.CTO6N^^'2F@M1F&"LT.F6,YE&O*QCNU5#IC%&:1?UV\D!]ZN804:ATQB@] M/D#6[%<4ENP,!<_>7[(9E7(4/&<$ M']WGB4M$H>`Y(_AH^<\31*'@.2,XEO_!4K`W@SDZGC..LRL!8U6.AN>,X=Q2 ML(UX/"`-7MRX6CY"&J9=CJKG[);X;7LY@(16FD>/2<,7UGP[D+0Q2:GC.F M#U>[!;UJ\Q%'S7-&\Q'.3IQFJ/F,T7RPM1T-U`PUG\4O'S_>OG>4:J4;579? M@WS_F$*:HOM$1#^;M[PL[]X*NO._;4G/[K[M1&+5&G-*UZZ:2RO[+R`;\O:C MT)?_`5!+`P04````"``L?6E'#YOZ>D0"``",!P``&````'AL+W=O3=NS>WOF[)FUYZ'\G&+M%,4T(`\"0.X!0I3+-R&E($(84- M,7LP"Z>83P/*(*!T51`L%$_PDBX25/U,H\B)@[?_9@,9P$ M)3"?AL`D2+'#&A,LJL+O*J]YHJP@#%/\QBP?_*^+9O8$!84I;G?"^2.*W^/) M$Y0T3'&;&,&O%V;C-5D&BV0./Q=R?'/X,2*.]E*08,=/G7)GWS@Z7CPK9`_/ MJ[RN>GPDO[`XMIT$6Z[T$6Q/R@/GBN@DDA>=3*.OQK%#R4&99FFR=)>%ZRC> M7^Z^\0*N_P-02P,$%`````@`+'UI1W4MS16A!```@!<``!@```!X;"]W;W)K M5X>^ M/SW$6W:JNB'RW8?=Z?6%[LIJ"IC)4025\6Q7FW64]O7 M=K-NSGUYK/W7-NK.556T_S[YLKD\KN1J;OAVW!_ZL2'>K.,E;G>L?-T=FSIJ M_>OCZHM\R(T8)9/BKZ._=.]^1Z/YYZ;Y/E[\L7M\Y^V]3=P?[ST7GMTWY]W'7'P:W8A7M_&MQ+OMOS>5W MCWVP8\*7INRFS^CEW/5--8>LHJKX`=_'>OJ^P#_I'$8'*`Q02T`FV`"-`7H) MD(8-,!A@/@3$T)5I(/*B+S;KMKE$W:D8EX=\&.3MF&3('`V][X:!G7*VT]!N MUF\;I=;QVYCG2J(FR18EMQ4Y*O0BB8?[DR;4M0D-)A3$F_OQ^CH>&K]HB+?7 M%NM)DD(G0.*48$0YB*361MRW8D@K!JPDU%TL6`&)-$+>%N6$Z*832SJQX"1E MG(!$6N<<8P4399ER][TDI)<$4U!K""1/*&&,;$&BG2/G$-W.(I/=-YN29E/( M(!@G*9@'V1D4XRR,"LDRU(I%+<8@*1T_:^$4<:<=@5Q@A(9)8Q M"RY'D<@"MKH4I)6I>?#"C/P6-H273&31#*K-9I MB!]%^P&,:F9W;%&3.`90.8JDD"Z`@Y)FLM38<\X-`E<9=G!0963`1I(TEB7P M5',T1(U-+3LXJ'+O>G;;#8UF"4C5&><&X2P,H\I1E;B0#46S6<[$Y,PD]S=4 M\G&^;QNAN2L!F(8#[ZRQ\F/)X>B)&LD]`7,4 M*6,#RA-%HU,I7%:<&=0(QVU(5&FI`A:>HM&I`'B&0R=JN#6#$BE""FM%13$/>6Q1=:RJ@G>6*S5G#F\&2U!H1,C2.GFC@G0W(H&G: M:2SP.-JAQJ0,A/)%%.*%9IW&\HYC'6JT3217P>7O=%G`DTG3P-.`*(<'6G&UUQ8UGX:'/\?@669TR`#1X--S,FR40/]+%Z7?32G.L>3O&6UN7@^&DZ MYOW8KMW#=NC"K_\,]W[8PEES_/,6F_6IV/L_BW9_K+OHN>G[IIH..U^;IO># M9?%YF.:#+W;+1>E?^_%G.LX_'!##1=^;`0``K0,``!@```!X;"]W;W)K*THCD]%%[$=G"AP)J:'7F=4*"M M0$T,]"MZDR_;,B`BX%7`9$]B$KRO$=]#\MBM:!8L@(2-"PK<+WMH0[7W$*+\DUT;O!F,THZZ/E.NA><'F!N81$$-RAM_)+- MSCI4!PHEBG^F5>BX3FGG.IMI/Q.*F5`<"7GU3T(Y$\IO!):9DBNWNOF9_M25=WL]WYW:*_G+UWWNEPL MVH>7:E^V7^K7ZN!JGNIF7W;N;_.\:%^;JGPC64?6_6 MJ_JMVVT/U?=FUK[M]V7S[TVUJ]^OYV+N"WYLGU^ZOF"Q7BU&N\?MOCJTV_HP M:ZJGZ_D?8GFGDAXR(/[:5N_MA]^SOO/W=?VS_U,\7L^CO@_5KGKH>HK2??VJ M-M5NUS.YEO]!TF.;O>''WY[]=I#KNG]?MM6FWOV]?>Q>7&^C^>RQ>BK?=MV/ M^OU;A1KBGO"AWK7#Y^SAK>WJO3>9S_;E;_C>'H;O=Z@Q$9K1!A(-9*B!0@,U M&HP=HPTT&NC10+/X&/'QL0'>($&#)+"!%/%IJ`*#!B:P`8MX&ZJ@'W`8MNBT MB04,]S!9OI9=N5XU]?NL?2W[)226/;SI:1SWS$V1ULV^@;49YM]Z]6N=)*O% MKY[H!"('R`8AZ65(#A`Q(A:N`W0OY)QJ0@[V\G(+&2`2PW1BDJ3X1'*YG^JT MGPJ\I8#`!A#H4P(-!'H@2*/33AX&2`J^`(BU1E%*@.**(4W;WB>BRBV/2Q3$02*HG,;@8(%J=C\.)BY%' M7>;)D$<8AN=VFB<'B)!:Q8R+D4A?)BH\41R1RP!=_(GHLHL3TL4)$,2,BP$2 M)X+S'X"TF^N,,Y!$D9,A\LJ=L"!;/1W-AIW0`11C.S(0.0%`FY MA:)N`"7..XQN!"51%*!;1*3PH=C)LHQRC^&D(T;&.F6T(TK%BELOOKTX9J9& M@2@1&9.&Z!>T?@C\Y_O?J3;`,)!L&I(C1"G%>*CX1,0HDK0BR!$,&KH!$5`_#7LA@"8*R$5LW=G'I8F MFIFP^0A+.6<5QT;3)"0("CH[$!"+#9<>($9P3L@0E`IVZ'RFP>5%"$J2D.1` MI+0L2`\,,QX;Q%PQTC./D72R[&4A2G%N+#S*J*`-A,Y:!&0`AEGX&\1X(B^F3D%?G&Y56AR0G@LY.!$1ZPZSL#6*G,0D(D MMUQF(:%S,-4''&'JI$M.K_>/MG61C:5A!P^%!U7%5[51UQ@ M1="D/A&F3X3I$_]/WQA@#ZBL+YBPH2.8PB,K=XN#&!&%G"`4'5(4?4E^V@X> M6*.0-:[H`Z:BKYQ/V\&KXBADAU3T_J_P?,:\"]P@QD7(LW86'YZK]E7S/+R- MMK.'^NW0X>W,6#P^P-[(_KWKK'PCEK>"*,_%\HXJW\CE5XHGD\M;JCR7RV]4 M>2&7=U2YFXG+0E$U;A:Y&D76:%>CR9K8U<1D3>)JAA?IQ=&#Z]5K^5S]63;/ MVT,[NZ^[KMX/KWU/==U5;DC9`.@T#NCG5P&C5+]`F-9-\"(?.(] M=/K-G@M&E#Z*`Y:]`+*S)$9Q'(8Y9J3M@K*PL1=1%ORH:-O!BT#RR!@1?U9` M^;`,HN`<>&T/C3(!7!9XY.U:!IUL>8<$[)?!<[38I`9A`3];&.35'AGO6\[? MS.'[;AF$Q@)0J)51('HY0064&B&=^+?7O*0TQ.O]6?VKK5:[WQ()%:>_VIUJ MM-DP0#O8DR-5KWSX!KZ$S`C6G$K[1/51*L[.E``Q\N[6MK/KX-[,0T][3(@] M(1X)8Y['A,03D@LA_9"0>D+ZOQDR3\CN,F!7N^W'" MB&AEI-LE]9>PFL)^B[(XE5&8%?ADA&XPL<6L'":?34/67F9$8&W@H8LX>)0A MMO1X.D'E$/G\`P^?BFS^$9FTF=S:3%RS$L?_\CD_O>6GCI_Z9N>W'CN+F;E6 M>$P^#Z=!5>H+2:8Q:X=)TCR;!FT<*,[2_*XF?'69&(B#_8TEJOFQ4ZX]8W2< M%,^QN8QW\56TJ*('\;6>+&X07.3+HB<'^$'$H>TDVG*E?P%[4_><*]!^PR?= MWD;/OO%`8:_,=F;Z[L:!.RC>GX?;.&'+OU!+`P04````"``L?6E'^JCB(Q<# M``!P#```&````'AL+W=OUCWY]6CM-MCZPNND=^8HWX9<_;NNC%8WMPNE/+BIT*JBN' M(.0[=5$V=A*KL>'8RP$GB9TI M;E?6K.E*WE@MVZ_M)[S*,96((GZ7[-)]NK=D\B^%-SRJE-_K>VYZWD]AMA67;P/U[)1U\OP2X@@3!]`((!,`=,\^@`* M`?0CP#4&N!#@+IW!@P#O9@9G\*Y6+BOZ(HE;?K&Z4R'?)[P2>"M%A+(EEJL3 ME5":K:I%$K\E&`6Q\R:%KABBF'1@?`.2@ITF'1:+PF(M$'"O!=Q!P%4"872=8Z.08%B*`7G`R`WFJ0U0 M`2'^/)6-E$_=>2H?9Z3(6V#,TQKSE$:$=-,,<>F`&(C-0#P0[.)Y*KNKDX-. M1#QTWX^O]>-#I;65`D.^N5)@"JB(WGX_5Z9\W8S7B*5QNL&<]D M>G\;^?OHG(_D/4$L#!!0````(`"Q]:4>XJ9Y2`@4``(H:```8```` M>&PO=V]R:W-H965T&ULC9G!;N,V$(9?1?#=:W&&E*C`,1"K M*-I#@<4>VK,2,[&QDN5*RGK[]I7$H>-DQQ->8EOY.?Q)#3^.Q/6Y[;[W>^>& MY&=3'_O[Q7X83G>K5?^T=TW5?VE/[CC^Y[GMFFH8?W8OJ_[4N6HW-VKJ%:1I MMFJJPW&Q6<_7OG:;=?LZU(>C^]HE_6O35-U_6U>WY_N%6H0+WPXO^V&ZL-JL M5Y=VNT/CCOVA/2:=>[Y?/*B[4MM),BO^/KAS?_4]F?N_M%.GEP MM7L:IA#5^/'#E:ZNITACS_]2T+<^IX;7WT/TW^?ACO8?J]Z5;?W/83?L1[?I M(MFYY^JU'KZUYS\:3>V3RNWZJAVJR[]ISTIVJZV^INE'=3D#%R,@ZF M'^=ICMG-,[59_]@HE:]7/Z9`[S0P:[:DN2A68W2V"UAPS6%N#K<[*+TBLY_W M@.][\!H;ZM*DD%@&F$&\,.QW@W MD'X>(&.'DU$`Q1DU?CBDT0IOBTHO@DQ'6,E9*SE9`<&*URP_YN`[)UYS%>:F M#\OZL'-[FPHVO`01)1]>%#$=!6NCH.D0)GU;?.CB5Q->`49_;D.EK(_Y\F2$ MS64R0B+)"4D0;42V*\5[(;Z`D;QXD9&R-6A4&L$J!;P9(#.99`9HE8MN*%+, MQ"#OA;@&0D)N@RAEV16\>%%11*P?Q2-2$2/!2F8(?X4@*DD4L884ST<5`%E$ MA.`)J0A_*`&!1$M^6PBC(4865ZEYVPT/2>7I)IOQFDP2E2K@]HJEM\WPI%3$ M06GS((TJ1#->!#HFZ7A<*D\ZE'8/TBRU$I..(JD(,\`S$SSKM&2&-$MEQ/48 M9$9')`WPV`1/.RUM):19&@&M91#9S$28X;$)'G9:0CAI!+"6)%GF)J;:Y*D) M!$0Q@4DTWB=A`RR#*@8TP&,3")MB"I-H2F$Q:T()BB9B>0,/3R!X8DSF\?"$ M`$^I>"#1,B^L.,4D,U;IB)T2>(`"<0_%_*,:,K5&N!DER6RJ5!9AB(HD!5IU38;N'SLI,DVF81JQ-YB"(5GBB5$20:XX2&*5#%JJ0X((G5=S#%^Z*G;`$8\ M)>"-YVH,#XD1(7C^(?%/W#5)-&:YTM+#UT67Y1%+$PWOB``H;IPDDE8#2989 MF(A2%GF48G@,EU!*(M$,Q8G8%Y!'*!)"Q2T8HB453*T"V)EIE$E#*H"6EG M+$EF;0PKM&)9H0FE.J)6TCS_-*'-2/P+(D0)DV60Z2RFK-!\*:F)?T8J)4E4 M0"I.,=)FI6W$!J$U/\<$4Q,3@J>?)OI)+U*V)$(KU>HDLABQI#1//TW4DHKP M;1!9:6?0X4UE1)6D6:CZPDMD+\G51RNKJU?\ MC>M>YJ.//GEJ7X^#?_U^N7HY7GF`Z8C@P_6MNBO](6CG-"\VA[`D3U#99^8XD+3JHRU9U.5.#HI-#P;8D>EN/ES!(G3@6[H M4G@17>]"@54E6WF-4*"M0$T,M`?ZN-D?BX"(@)\")GL1D^#]A/@:DN_-@6;! M`DBH75#@?CG#$T@9A'SCW[/F>\M`O(P7]:]Q6N_^Q"T\H?PE&M=[LQDE#;1\ ME.X%IV\PC[`+@C5*&[^D'JU#M5`H4?PMK4+'=4I_BNU,NTW(9T*^$AZR:#PU MBC:_<,>KTN!$[,##V6WV'FZ"B%ORG.UV=V7[!R$KC")>)PQ M*X)Y]9LMTW?)H?;V>'#QP+%M4"1!(K_C9@PQP7S^9\F[&)/ M%9@N7AU+:ARU2UNZ5M?;^9C',WF'5^7`._C!32>T)2=T_F3C`;2(#GS[[&Y' M2>_?SYI(:%T([WULTI5*B<-A>2#K*ZW^`E!+`P04````"``L?6E'!I0-;:(! M``"Q`P``&````'AL+W=OV>]LX-.\9LW8/B]@8'T/Y/BT9QYU/3,3L8X$TD*[JA2^%-=+T+!5:5;.4U0H&V`C4QT.[I M_69W*`(B`KX+F.Q93(+W(^)[2)Z;/!XOZH]Q6N_^R"T\H/PA&M=[LQDE#;1\E.X-IR>81[@-@C5*&[^D'JU#M5`H M4?PCK4+'=4I_ML5,NT[(9T*^$KYFT7AJ%&U^XXY7I<&)V(&'L]OL/-P$$:], MO#?KQXZ:)@Y>E:=J5[!2$+C")>)@Q*X)Y]:LMZK`=/'J6%+CJ%W:TK6ZWL[[/)[))[PJ M!][!"S>=T)8^FB`0``L`,``!D```!X;"]W;W)K&ULA9/;;J,P$(9?Q?(#U`1H=SK%[K4#`UBU M&6J;T'W[]0%H4D7M#?:8__MGQH=B0OUJ.@!+WI7LS8YVU@Y;QDS5@>+F"@?H MW9\&M>+6A;IE9M#`ZP`IR=(DN6&*BYZ615A[UF6!HY6BAV=-S*@4U__V('': MT0U=%EY$VUF_P,J"K5PM%/1&8$\T-#MZN]GN/)TO[@^A6U?]@1NX0_E7U+9SQ2:4 MU-#P4=H7G!YA;N':&U8H3?B2:C06U8)0HOA['$4?QBG^R9(9NPRD,Y"NP,\` ML)@HE'G/+2\+C1,Q`_=GM]DZN?8FSIFXVHQK.WCJT'A9',O-35:PHS!CS]'L_.\2Q6F`7\5_X]GY_S>>3SKSJ,FOVB^9R$G6RI M`MV&FV-(A6-OXXZNJ^OEO$W#D7S(RV+@+?SFNA6](0>T[F##_C>(%ESZY.J: MDLX]GS60T%@__>'F.MZH&%@Q/M+R/U!+`P04````"``L?6E'8+JHQ*4! M``"Q`P``&0```'AL+W=O<.>-+/J)^ M-RV`)1]*=F9/6VO['6.F;$%Q[JB<^%%-*WU!5;D;.%50D%G!'9$0[VG M]ZO=8>T1`?`J8#1G,?'>CXCO/OE;[6GB+8"$TGH%[I83/("47L@U_C]I?K?T MQ/-X5G\,TSKW1V[@`>6;J&SKS":45%#S0=H7')]@&F'C!4N4)GQ).1B+:J90 MHOA'7$47UC'^R;*)=IV03H1T(=PEP7AL%&S^X987N<:1F)[[LUOM'%Q[$:=, MG#?CQ@Z:.@Q>Y*=BM=WD[.2%+C"1>)@P"X(Y]:LM4GJ-G@9Z^CL]NZ1GT6$V M.=S^+K"^%%A'@?4D<'MMQ(@YS)B['TW8V9XJT$VX.H:4.'0V;NE276[G?1K. MY!M>Y#UOX!_7C>@,.:)U)QL.H$:TX-HG-QM*6O=^ED1";7UXZV(=KU1,+/;S M`UE>:?$%4$L#!!0````(`"Q]:4&PO=V]R:W-H M965T&+"!.4+2'`D$.[9F6 M5A(1DJN0E)7^??F0%+LPFHNXNYJ9G>6C&-&\V@[`D79?=,<:%I6<3:LRD+')P4&IX-L8-2W/PY M@L3Q0%=T+KR(MG.AP,J"+;Q:*-!6H"8&F@-]6.V/FX"(@%\"1GL1D^#]A/@: MDA_U@6;!`DBH7%#@?CG#(T@9A'SCMTGSHV4@7L:S^K4?X6M>N\ MV8R2&AH^2/>"XW>81M@&P0JEC5]2#=:AFBF4*/Z>5J'C.J8_VYEVFY!/A'PA M?,FB\=0HVGSBCI>%P9'8GH>S6^T]W`01KTR\-^O'CIHF#EX6YW)U_[5@YR!T MA4G$XX19$,RKWVR1TUOT/-+SS^GK:_HZ.5RG[KOL*C!MO#J65#AHE[9TJ2ZW\R&/9_(!+XN>M_"3FU9H2T[H_,G&`V@0 M'?CVV=V6DLZ_GR61T+@0[GQLTI5*B<-^?B#+*RW_`E!+`P04````"``L?6E' MTJ\E^:,!``"Q`P``&0```'AL+W=OP)%W);7=T]ZY8<>8K7M0W-[@`-K_:=$H[GQJ.F8'`[R))"59 MGF5W3'&A:57&VK.I2AR=%!J>#;&C4MS\/8#$:4\W="F\B*YWH<"JDJV\1BC0 M5J`F!MH]?=CL#D5`1,!O`9,]BTGP?D1\#81#S,F!7!O/K5%CF]1L\C/?^: MOKVD;Y/#[>QP^[5`<2E0)('B?R,FS&'!%)^:L+,]56"Z>'4LJ7'4+FWI6EUO MYT,>S^0#7I4#[^`7-YW0EAS1^9.-!]`B.O#MLYM;2GK_?M9$0NM">.]CDZY4 M2AP.RP-97VGU#U!+`P04````"``L?6E'U1PDSZ,!``"Q`P``&0```'AL+W=O M#;&# M4MS\/8+$\4!7="Z\B+9SH<#*@BV\6BC05J`F!IH#?5CMCYN`B(#?`D9[$9/@ M_83X&I*?]8%FP0)(J%Q0X'XYPR-(&81\X[=)\Z-E(%[&L_I3G-:[/W$+CRC_ MB-IUWFQ&20T-'Z1[P?$'3"-L@V"%TL8OJ0;K4,T42A1_3ZO0<1W3G_5,NTW( M)T*^$+YET7AJ%&U^YXZ7A<&1V)Z'LUOM/=P$$:],O#?KQXZ:)@Y>%N=RM=L6 M[!R$KC")>)PP"X)Y]9LM']UP*;:X%-$MC\;\2$ M.??SY)(:%P(=SXVZ4JEQ&$_/Y#EE9;_`%!+`P04````"``L M?6E'6A&CAJ8!``"Q`P``&0```'AL+W=O#+MS\.X+$\4!7="Z\BK9SH<#*@BV\ M6BC05J`F!IH#?5SMCYN`B(#?`D9[$9/@_83X%I*?]8%FP0)(J%Q0X'XYPQ-( M&81\X[^3YD?+0+R,9_7G.*UW?^(6GE#^$;7KO-F,DAH:/DCWBN,/F$;8!L$* MI8U?4@W6H9HIE"C^GE:AXSJF/]M\HMTFY!,A7PB[+!I/C:+-[]SQLC`X$MOS M<':KO8>;(.*5B?=F_=A1T\3!R^)HN>1 MGG]-7U_3U\GA>G+X[6N!S;7`)@ELDL`NNS5BPAQGS.*C!MO#J65#AH ME[9TJ2ZW\S$>(ON`ET7/6_C%32NT)2=T_F3C`32(#GS[[&Y+2>??SY)(:%P( M'WQLTI5*B<-^?B#+*RW_`U!+`P04````"``L?6E'AA$!&:4!``"Q`P``&0`` M`'AL+W=OP)$/);4] MT-ZY8<^8K7M0W-[A`-K_:=$H[GQJ.F8'`[R))"59GF7W3'&A:57&VHNI2AR= M%!I>#+&C4MS\/8+$Z4`W="F\BJYWH<"JDJV\1BC05J`F!MH#?=SLCT5`1,!O M`9.]B$GP?D)\"\G/YD"S8`$DU"XH<+^.7U*-UJ!8*)8I_I%7HN$[I M3W$_TVX3\IF0KX2'+!I/C:+-[]SQJC0X$3OP<':;O8>;(.*5B?=F_=A1T\3! MJ_)<;1[RDIV#T!4F$8\S9D4PKWZS14YOT?-(S[^F;Z_IV^1P.SOGBU;&DQE&[M*5K=;V=CWD\DT]X50Z\@U_< M=$);0(OHP+?/[G:4]/[]K(F$UH7PFX]-NE(I<3@L#V1]I=4_4$L# M!!0````(`"Q]:4>4DFN`I`$``*\#```9````>&PO=V]R:W-H965TZ:EE42$Y"HD9:5_ M7SYDQ2Z,YB+NKF9F9_FH9C1O=@!PY$-);7=T<&[<,F:;`12W-SB"]G\Z-(H[ MGYJ>V=$`;R-)299GV1U37&A:5['V8NH*)R>%AA=#[*04-W_V(''>T0T]%5Y% M/[A08'7%5EXK%&@K4!,#W8X^;K;[,B`BX)>`V9[%)'@_(+Z%Y$>[HUFP`!(: M%Q2X7X[P!%(&(=_X?='\;!F(Y_%)_5N;$9)"QV?I'O% M^3LL(]P&P0:EC5_23-:A.E$H4?PCK4+'=4Y_BGRA72?D"R%?"0]9-)X:19O/ MW/&Z,C@3._)P=INMAYL@XI6)]V;]V%'3Q,'KZE@76<6.0><"DGC[!-FL".;% MKW;(Z35Z'NGYU_3BDEXD@T7J_G#WM4!Y*5`F@?(_$R;(OEQZW/_3@YWMJ`+3 MQXMC28.3=FE#U^IZ-Q_C$;)/>%V-O(>?W/1"6W)`Y\\U;G^'Z,"WSVYN*1G\ MZUD3"9T+X;V/3;I0*7$XGI['^D;KOU!+`P04````"``L?6E'B=H4RZ0!``"Q M`P``&0```'AL+W=O MP)$W);7=T=ZY8K_: M[M_8%;>$#Y1S2N]V8S2AIH^2C="TZ/,(]P&P1KE#9^23U:A^I$H43Q MM[0*'=81-S/F`7!O/K5%CF]1L\C/?^:7ES2B^2PF!W> M?2VPOA18)X'U_T9,F/V,N+5L:3&4;NTI4MUN9WW>3R33WA5 M#KR#7]QT0EMR0.=/-AY`B^C`M\]N;BGI_?M9$@FM"^%W'YMTI5+B<#@]D.65 M5A]02P,$%`````@`+'UI1]29(`BC`0``L0,``!D```!X;"]W;W)K&ULC5/+;MLP$/P5@A\02K+3-H8L($X1M(<"00[MF996$A&2 MJY"4E?Y]^9`4.S#:7L3=U\#2)SV M-*=+X5ETO0L%5I5LY35"@;8"-3'0[NE]OCML`R("?@J8[%E,@OHU>1'KQ;_KFDKY)#C>SP_\0V%X*;)/`]F\C)LQAP6P^-&%G M>ZK`=/'J6%+CJ%W:TK6ZWL[[(I[).[PJ!][!#VXZH2TYHO,G&P^@173@VV&ULA5/;;IPP$/T5 MRQ\0L\"F[8I%RJ:JDH=*41[:9R\,8,5FJ&V6Y._C"Y#=:-6\X)GAG#-G?"DF MU"^F`[#D5[&EG[;!CS%0=*&YN<(#>_6E0*VY=JEMF!@V\#B0E69HDMTQQ MT=.R"+4G718X6BEZ>-+$C$IQ_78`B=.>;NA2>!9M9WV!E05;>;50T!N!/='0 M[.G=9G?(/2(`_@B8S%E,O/&P4;/[DEI>%QHF8@?NSV^P<7'L1 MITR<-^/&#IHZ#%X6IW+S(R_8R0M=8"+Q,&-6!'/J5UND]!H]#?3T:WIV2<^B MPVQVN/U:(+\4R*-`_K\1(^:P8&X_-6%G>ZI`M^'J&%+AV-NXI6MUO9UW:3B3 M#WA9#+R%WURWHC?DB-:=;#B`!M&":Y_<;"GIW/M9$PF-]>$W%^MXI6)B<5@> MR/I*RW=02P,$%`````@`+'UI1^;1JCRD`0``L0,``!D```!X;"]W;W)K&ULA5/+;MLP$/P5@A\0RK+3.(8L($X1M(<"00[MF996 M$A&2JY"4E?Y]^9`4.S":B[B[FIF=Y:,8T;S:#L"1=R6UW=/.N7['F*TZ4-S> M8`_:_VG0*.Y\:EIF>P.\CB0E69YEWYCB0M.RB+5G4Q8X."DT/!MB!Z6X^7L` MB>.>KNA<>!%MYT*!E05;>+50H*U`30PT>_JPVATV`1$!OP6,]BPFP?L1\34D M/^L]S8(%D%"YH,#];H*(5R;>F_5C1TT3!R^+4[FZORO8*0A= M8!+Q,&$6!//J5UOD]!H]C_3\:_KZDKY.#M>3P^W7`IM+@4T2V/QOQ(0YS)C[ M3TW8V9XJ,&V\.I94.&B7MG2I+K?S(8]G\@$OBYZW\(N;5FA+CNC\R<8#:!`= M^/;9S2TEG7\_2R*A<2&\\[%)5RHE#OOY@2ROM/P'4$L#!!0````(`"Q]:4&PO=V]R:W-H965T1I"3+ ML^R.*2XTKS55B:.30L.K(794BIM?!Y`X[>F&+HDWT?4N)%A5LI77"`7: M"M3$0+NG#YO=H0B("/@N8+)G>Q*\'Q'?0_#2[&D6+("$V@4%[I<3/(*40<@7 M_CEK?I8,Q//]HOX4N_7NC]S"(\H?HG&]-YM1TD#+1^G><'J&N87;(%BCM/%+ MZM$Z5`N%$L4_TBIT7*?TI[B?:=<)^4S(5\)]%HVG0M'F5^YX51J=T)8SFEI+>OY\UD-"ZL/WB]R9=J10X M')8'LK[2ZC=02P,$%`````@`+'UI1R'6E_VC`0``L0,``!D```!X;"]W;W)K M&ULA5/+;MLP$/P5@A\0RK*<%H8L($Y0M(<"00[M MF996$A&2JY"4E?Y]^9`4NS":B[B[FIF=Y:.N6'/F*U[ M4-S>X0#:_VG1*.Y\:CIF!P.\B20E69YE]TQQH6E5QMJSJ4H\'I.\PC[()@C=+&+ZE'ZU`M%$H4?T^KT'&=TI_=_4R[3&H4;3YQQZO2X$3LP,/9;?8>;H*(5R;>F_5C1TT3!Z_*ZK`=/'J6%+CJ%W:TK6ZWLZ'/)[)![PJ!][!3VXZH2TYH?,G&P^@ M173@VV=W.TIZ_W[61$+K0OC%QR9=J90X')8'LK[2ZB]02P,$%`````@`+'UI M1P+T&ULC97; MCILP$(9?Q>(!%FP@)Q&DS595>U%IM1?MM9,X`:V-J>V$[=O71S99680;?."? M_QLS8EP-7+S+AA`%/ACMY#9IE.HW:2H/#6%8/O&>=/K-B0N&E5Z*6$,BW\[0OFP36`2-M[:E(4/BP<@'X#&@%5F$W<@F^8W MK'!="3X`V6-3/+C1!HR+5 M[E$$2F+AR"$>A^?WX;G+,'?T0512R\@;E!"1H%H\AZRAD M[0VF"A\T,PH/LRC%;AN+J=('$9I1>PCC'/^KHJGJCZ(9Y8/N>&T\(]LK/^5UU>,S M^87%N>TDV'.E.ZYMC"?.%='\[*E,0*,OMG%!R4F9Z5+/A6OU;J%X'VZN\?JL M_P-02P,$%`````@`+'UI1Z`F:2W"`0``>P0``!D```!X;"]W;W)K&ULC51;;YLP%/XKEG]`#22A7420FD[3]C"IZL/V[,`!K/K" M;!.Z?S]?@"85:O:"C\UW.0?.<3$J_6HZ`(O>!)?F@#MK^STAINI`4'.G>I#N M3:.TH-9M=4M,KX'6@20XR9(D)X(RB@',OY(S_3)KOEIYX&<_JWT*U+OL3-?"D^&]6V\XEFV!4 M0T,';E_4^!VF$G9>L%+J!F.5F"D8"?H65R;#.L8W>3[1U@G91,@6PD,2 M$H]&(Q"DCEYMQ90=-'0HOBW.997E!SE[H"A.) MQXA)%P1QZJL6&5ZC9]'B-GUS3=_$##?1/?\/_^VUP#8*;*<2[]=*C)CCC'FX M;;);-=E-`E\^,9DPF^2V2;YJDD\"Z2MK"3ZI;)@TZ*>MZ-+12HY0%9Y_<[3#JW$VP;#@TUH?W+M9Q M..+&JGX>]>6^*?\!4$L#!!0````(`"Q]:4>6.7[[I@$``+`#```9````>&PO M=V]R:W-H965TW# M2E4?=I\=&"ZJ[:&V">W?UQ>@R2I27_#,<,Z9,[X4$^I7TP%8\BZ%,GO:63OL M&#-5!Y*;&QQ`N3\-:LFM2W7+S*"!UX$D!4N3Y)9)WBM:%J'VK,L"1RMZ!<^: MF%%*KC\.('#:TPU="B]]VUE?8&7!5E[=2U"F1T4T-'MZM]D=`@BHK%?@;CG!/0CAA5SCMUGSJZ4GGL>+^D.8UKD_<@/W M*/[UM>V%J7=*SZ#`+]%_Y]_S\DI]'?CY/ MF%^;,&(."V;[7Q-VMJ42=!MNCB$5CLK&'5VKZ^6\"V?(ON!E,?`6_G#=]LJ0 M(UIWL&'_&T0+KGURLZ6D<\]G300TUH<_7*SCC8J)Q6%Y'^LC+3\!4$L#!!0` M```(`"Q]:4?JE^K>I0$``+$#```9````>&PO=V]R:W-H965TM2W3#3 M:^!5("G)TB39,,5%1XL\U-YTD>-@I>C@31,S*,7UOP-('/=T1>?"NVA:ZPNL MR-G"JX2"S@CLB(9Z3^]7NT/F$0'P1\!HSF+B>S\B?OCDI=K3Q+<`$DKK%;A; M3O``4GHA9_PY:7Y;>N)Y/*L_A6E=]T=NX`'E7U'9UC6;4%)!S0=IWW%\AFF$ M6R]8HC3A2\K!6%0SA1+%O^(JNK".\4^VG6C7">E$2!?"71(:CT:AS4=N>9%K M'(GIN3^[U<[!M1=QRL3U9MS805.'P8O\5*3K37]'7LZI`-^'J M&%+BT-FXI4MUN9WW:3B3;WB1][R!5ZX;T1ER1.M.-AQ`C6C!V2&ULA5/;3N,P$/T5RQ^`TS3` M;I5&HB#$/JR$>-A]=I-)8F%[@NTT\/?XTH065>(EGIFV6]LX-&\9LW8/B]@H'T/Y/BT9QYU/3,3L8X$TD*)K2/XT6YJ%%D!"[8("]\L![D'*(.2-WXZ:7Y:!>!K/ZH]Q M6M_]GENX1_E?-*[WS6:4--#R4;H7G)[@.,)U$*Q1VO@E]6@=JIE"B>+O:14Z MKE/Z\RL[TBX3\B,A_T9@R2BV^<`=KTJ#$[$##V>WVGBX"2)>F?C>K!\[:IHX M>%4>JGS]NV2'('2&2<1=PJP6!//J%RUR>HF>)XN?Z>MS^CIUN$[NM]G/`L6Y M0)$$BN1?9)=&3)C=C/D^)#O94P6FBU?'DAI'[=*6+M7E=M[E\4R^X%4Y\`[^ MG3_9>``MH@-OGUU=4]+[][,D$EH7PEL?FW2E4N)PF!_(\DJK3U!+ M`P04````"``L?6E'XE:EB*4!``"Q`P``&0```'AL+W=O%<9GRI9C1O=@!PY%U);0]T<&[<,V:;`12W=SB"]G\Z-(H[ MGYJ>V=$`;R-)299GV0-37&A:5['V8NH*)R>%AA=#[*04-W^/('$^T!U="Z^B M'UPHL+IB&Z\5"K05J(F![D"?=OMC&1`1\$O`;"]B$GH_(;Z%Y$=[H%EH`20T M+BAPOYSA&:0,0M[XSZ+Y81F(E_&J_BU.Z[L_<0O/*'^+U@V^V8R2%CH^2?>* M\W=81K@/@@U*&[^DF:Q#M5(H4?P]K4+'=4Y_'LJ%=IN0+X1\(WS)8N/)*+;Y ME3M>5P9G8D<>SFZW]W`31+PR\;U9/W;4-''PNCK7>9E7[!R$KC")>$R8W89@ M7OVF14YOT?-D\3F]N*87J<,BN3\6GPN4UP)E$BB7$8M;(R;,<<64_YFPBSU5 M8/IX=2QI<-(N;>E6W6[G4Q[/Y`->5R/OX2&PO=V]R:W-H965T,F;(%Q4?T5E6]=L0DD%-1^D?)G^OJ:OHX=KJ/[ M;ONS0'8MD$6!;!IQ>VO$B#G.F-U_)NQB3Q7H)EP=0TH<.ANW=*DNM_,A#6?R M#2_RGC?PF^M&=(:&ULA5/);MLP$/T5@A\0RK+;4]@"-O2FJ[I[USPXXQ6_>@N+W# M`;3_TZ)1W/G4=,P.!G@324JR/,N^,<6%IE49:T^F*G%T4FAX,L2.2G'S?@") MTYZNZ+GP++K>A0*K2K;P&J%`6X&:&&CW]'ZU.Q0!$0$O`B9[$9/0^Q'Q-21_ MFCW-0@L@H79!@?OE!`\@91#RQO]FS4_+0+R,S^J_XK2^^R.W\(#RKVA<[YO- M*&F@Y:-TSSC]AGF$31"L4=KX)?5H':HSA1+%W](J=%RG]&>SG6FW"?E,R!?" M-HN-)Z/8YD_N>%4:G(@=>#B[U<[#31#QRL3W9OW84=/$P:OR5.7%MF2G('2% M2<1#PJP6!//J-RUR>HN>)XNOZ>MK^CIUN$[NV_77`L6U0)$$BGG$'[=&3)C# MC-ED_YFPBSU58+IX=2RI<=0N;>E276[G?1[/Y!->E0/OX)&;3FA+CNC\R<8# M:!$=>/OL;D-)[]_/DDAH70B_^]BD*Y42A\/Y@2ROM/H`4$L#!!0````(`"Q] M:4?6N9&CI0$``+$#```9````>&PO=V]R:W-H965TN6'/F*U[4-P^X`#:_VG1*.Y\:CIF!P.\B20E M69YECTQQH6E5QMJKJ4H[(_;@(B`7P(F>Q63T/L)\3TD/YH#S4(+(*%V08'[Y0PO(&40 M\L9_9LV+92!>QXOZMSBM[_[$+;R@_"T:U_MF,TH::/DHW1M.WV$>81<$:Y0V M?DD]6H=JH5"B^$=:A8[KE/X4^4R[3\AG0KX2GK+8>#**;7[ECE>EP8G8@8>S MV^P]W`01KTQ\;]:/'35-'+PJSU6^VY3L'(1N,(EX3)@+@GGUNQ8YO4?/D\7G M].*67J0.B^3^]/BYP/968)L$MO.(^;T1$^:X8(K_3-C5GBHP7;PZEM0X:I>V M=*VNM_,Y'B*[P*MRX!W\Y*83VI(3.G^R\0!:1`?>/GO84=+[][,F$EH7PB\^ M-NE*I<3AL#R0]956_P!02P,$%`````@`+'UI1S307H6H`0``L`,``!D```!X M;"]W;W)K&ULA5-?;YLP$/\JEC]`38!L7420FD[5 M]C"IZL/V[,`!5FT?M4WHOOW\A]!DBM07[#ON]^?.=C6C>;4#@"/O2FJ[IX-S MXXXQVPR@N+W#$;3_TZ%1W/G0],R.!G@;04JR/,N^,,6%IG45<\^FKG!R4FAX M-L1.2G'S]P`2YSW=T'/B1?2#"PE65VS%M4*!M@(U,=#MZ<-F=RA#12SX+6"V M%WL2O!\17T/PL]W3+%@`"8T+#-PO)W@$*0.1%WY;.#\D`_!R?V9_BMUZ]T=N MX1'E']&ZP9O-*&FAXY-T+SC_@*6%;2!L4-KX)WV?ER$T@\,_'>K&\[%V= MZGQ;5NP4B*YJ$O"0:C9K!?/L-R5R>@N>)XG/X<4UO$@.BZ1^_^US@O*:H$P$ M920HBUL=II)#N4QA^Y\&NQBI`M/'FV-)@Y-V::)K=KV<#WD\DH_RNAIY#[^X MZ86VY(C.'VRF8W8PP)M(4I+E67;/%!>:5F6LO9BJQ-%)H>'%$#LJQ-ZWVQ&20,M'Z5[ MQ>DKS"/L@F"-TL8OJ4?K4"T42A1_3ZO0<9W2GZ*8:;<)^4S(5\)C%AM/1K'- MS]SQJC0X$3OP<':;O8>;(.*5B>_-^K&CIHF#5^6YRG?W)3L'H2M,(AX39K,B MF%>_:9'36_0\6?R;7ES3B]1AD=P__8?`]EI@FP2V\X@/MT9,F..">?S+A%WL MJ0+3Q:MC28VC=FE+U^IZ.Y_R>"8?\*H<>`??N>F$MN2$SI]L/(`6T8&WS^YV ME/3^_:R)A-:%\,'')EVIE#@ROM+J#U!+`P04````"``L?6E'&(J#!Z4! M``"Q`P``&0```'AL+W=OF8W8PP)M(4I+E67;+%!>: M5F6L/9NJQ-%)H>'9$#LJQ5OT;C>-YM1TD#+1^E><'J"TPB;(%BCM/%+ZM$Z5#.% M$L7?TRIT7*?TI[@[T:X3\A,A7PAW66P\&<4V?W#'J]+@1.S`P]FMMAYN@HA7 M)KXWZ\>.FB8.7I7'*M]\+]DQ"%U@$G&?,*L%P;SZ58N<7J/GR>+?]/4E?9TZ M7"=Z]A_^Q:5`D02*)'";71LQ8?8SYJL).]M3!::+5\>2&D?MTI8NU>5VWN?Q M3#[A53GP#GYQTPEMR0&=/]EX`"VB`V^?W6PHZ?W[61()K0OA-Q^;=*52XG"8 M'\CR2JL/4$L#!!0````(`"Q]:4?-^G?,)P(``,L&```9````>&PO=V]R:W-H M965T+66WA%!4-:9( M/+$.M^K*GG&*I!KR`Q0=QVAG1)3`T/=32%'3>GEFYMYXGK&C)$V+WS@01TH1 M_[O&A/4K+_"&B??F4$L]`?,,CKI=0W$K&M8"COSD[4*ZWM@A_?H2.0[Z[]CUT*B#2M&A/D'U5%(1@>)!RCZM,>F-7DDB M)YL6A$X0CH+PY:X@E"+YK=;.U`LF[X=(S?K_P?4$L#!!0````(`"Q]:4>);&9% M(@(``*$&```9````>&PO=V]R:W-H965T9LP&31&W'&=N0[K\?;X1%@7#!2ZKJU7L/VWG/ M^*>H,9;@BY)6++Q:RFX.H=C6F"+QPCK0 MHJ;UBMSLO?,B9P=)FA:_+N&XE8T MK`4<[Q?>ZVR^SC3"`/XTN!<7L!Z)#^N\TFRLXUR)*&:AR"=4)H\E-+XK\6`1ID,.C M%KK"!`:SM)@DO0\I+60V(*`R,.HB\,8B!#9"]B""A3RPN9H663N1<-IG>.TS MM-4*7;6>$(BN!2(K$!F!\*:4K8&D-E$+B=,XN0]:.]"/,)EV$H\ZB6W'@NA^ ME*7%A)'OCX&L>FE!HP@KLW(R899-FTU&S2:N[M&T0#K:N/3YQF6C#K+IQF6N MHG%Z$P1>'$R*>66N1`&V[-!*>R*&W>'6?0WTP;[9+V?SE;T\SS)%WJ$*OR%> M-:T`&R;5M6%.]YXQB94O_T7E5:OW8E@0O)=ZFNJ$[15J%Y)UIP=A>)6*_U!+ M`P04````"``L?6E'J%N,0B\"``#?!@``&0```'AL+W=OM-&5AU]Y$6?"#HG5#W@22!\:P^#:_A=)4;A`7\KDDG+ZZ1R;[F_,-,?FYG M7F`B$$HVRBA@/1S)@E!JA+3QWU[S;&F(E]^V6IU^C259,=6/'#NY,@I[F)D0](1H( M@X^;$/>$^$Q(1@E)3TB>=4A[0GKCX$/M=N>66.&R$+Q#LL7F<0JG&BZ,B%9& M>KND/@FK*>Q9E,6QC/*T\(]&Z`H36D3`LFU0`("2;_;V77(QF)R*`,P8:!_ MCVU2ITW:V^0N&R`NT[Z6^!F;S&F368E)<+^8.4!&$(L11)\4$'$<.\L!F=6M MS-U27$;&WC5.B#3\T"A[(877H MS:^1>?UOUN?A=!$ZUI>ZET/K/2<'N" MH`,``(<3```9````>&PO=V]R:W-H965T%I[7;H^\RML'<>)U=V8OFBJ7W6%S\-I3P_-= M'U25'O7]R*ORHG:S93_VW&1+<99E4?/GQFG/594W?Y]X*2XKE[C#P$MQ.$HU MX&5+;XS;%16OVT+43L/W*_>1+#8L4))>\:O@E_;3OJ/@7X5X4P<_=BO75PR\ MY%NI4N3=YIVO>5FJ3-V5_T#2_]=4@9_WA^S?^NEV^*]YR]>B_%WLY+&C]5UG MQ_?YN90OXO*=PQQ"E7`KRK;_=;;G5HIJ"'&=*O_0VZ+NMQ=])J80A@=0"*!C M0.(;`Q@$L#&`!,:```*"28"GI](78I/+/%LVXN*TIUP]'F31R1N5I,OL=+-O MN\+V.9N^M-GR/:-QLO3>5:(K#>TU:]#,*S:@8*/$ZP!0"GI-P30%U?$TOIV` M72?0@X\,II%>0]:])M;3T!H2![X_K]IH%?,I\V_#!"A,H&$2BP0A6H[0OAP1 M2A`!`<'NF=8\@0:M6*@KIB4A38-YT4:+4M_F[L"!<0WFA)9&%$$!EAII)Y$+R'DMC&BK=; MY!?)/`C>),G0)2.+%"ENQ=3>BA3O3-2WL.(@,EF1WNY>7R3SL'CWHL3"BB`R M6A$T1MBI9!Z6XK#4PH(@,H),)?,@>+>ES,)Z($IB(XH6I5%B`8-W4QI8V`]$ M-V"".V#P+DF'+FGCGPBU((WNL"#>D6AL8\'8PH*QS3L5J.Q>JBC>NVAB8\3$ MPHB)U5\0R"S_@BC^*DA3&T,.+34R%U'+6$I#BRHRO/OQC^HG=] M&7C1\\GD,MZGA8>*-X=^!:=UMN)<2_V-/(Z.JT1/_9K.=)S1Q9I1Y$PWQ^X, M0\\$W1F]#/+_XMGRE!_XS[PY%'7KO`HI1=6O>>R%D+R;C?_0/6-'GN_&@Y+O MI=J-U<.GUXGT@12G8=EK7'O+_@%02P,$%`````@`+'UI1QG0F[0'`@``\`4` M`!D```!X;"]W;W)K&ULC51+CYLP$/XK%O M>9JP7I*FA5>.1$\IYG_W0-BP=1;.*?#65+74`3=-W(E7-!1:T;`6<2BWSFZQ MR6*-,(!?#0SB8H]T[@?&WO7A1[%U/)T"$,BE5L!J.4(&A&@A9?QGU#Q;:N+E M_J3^8JI5V1^P@(R1WTTA:Y6LYZ`"2MP3^<:&[S"6L-*".2/"_**\%Y+1$\5! M%'_8M6G-.M@OD3?2Y@G^2/`GPN0S3PA&0G`F+$VE-C-3US.6.$TX&Y#HL+[L MQ4;!N191RD@5(U2?C"8WG4J38^I'4>(>M=`5QC>8O<4L)H2KU&.[EN+ MVP:91:RC^P[!M8,-[H*QB/B^P/):8&D%EE8@]JZ3;`TFM&58S+"/"V0S",0-_KLB5;83%Q(]<5S1K$GW5[=$D^J_; M-TWB69-X-`F^N%*+B<+/%^9>O"0*O#(31J"<]:VT__(I.@VQG:]?XJ?X7@TW M.XO.,FG2X0I^8EXUK4`')M4[-\^Q9$R"2LM[4CVHU?B=#@1*J;>A;HZ=2/8@ M67>:K].03_\!4$L#!!0````(`"Q]:4>A8KQSWP$``$H%```9````>&PO=V]R M:W-H965TZK>^/0-?`F9"=QR*NTSV.ZEXNQH"0-&/ES;#[:=W)M' M[&W+AM@;XMD0I3<-B3&PO=V]R:W-H965T M MT@]U^''8>(&R@#"JA%*`C^C==K72_AQR5%/]N M#Z*19@,/'-`1GK!XI\-W9$M(E&!%,=>_H#IQ0=R$R!*B_R7$EA!?"+%NC2E%-V('!2QR1@?`>ZC^'8NUA#,E(I6! MK)[+QFI-IEM;Y.*T-H,JP> M9#"09*E,\E2"ZSN"NDT)#6OS$#B.,CF0:4!!?.(G4-FUFOJ])K:8I/G M`BOG>U]9@>5S@=,"G\JRM+$*OU[..@HJ=.F+LR1:?QN@W5 ME;^+EW+LFBEYD2GR'M;H)V1UVW&PIT(.%'WOCY0*)$T%+XD'&OEAF`X8'87: MIG+/S*PT!T'[NSJ5NR MM(^4GA:.0[9'U)3D&9]0R_[9XZXI*6MV!X><.E3N1%!3.]!U0Z*L.1\H[G"QUAKA=U:"65+BU.K1? MVB]@48"`0P3B5X4NY.;=XLEO,'[GC1^[I>WR'%"-MI13E.SQ@=:HKCD3&_F/ M(KV.R0-OWWOV;T(N2W]3$K3&]>]J1X\L6]>V=FA?GFOZAB_?D=(@,MSBFHA? M:WLF%#=]B&TUY:=\5JUX7N0_L:O"]`%0!<`A8!A''^"I`.\:X$\&^"K`-QTA M4`'!PPB.U"XJEY>TS-(.7RQR*OE\`@L&[S@)8[98N0AS0G!VPHLL_<@\-TZ= M#TYTAX$"LY*8,!J'Y!("!H3#$M!F`6W="%"$P_$!UA(13J29SY(47TA&T_3N MT_1DL3Q5K&2>P+\G\"6!+PCBY#['5D`B60H)>0*N'XVCU@H501B.H_(>%7K^ M.*KH1_30K%$T<@F!<4:@6% M@B+Q)IP*C9Q2J`3$\813H9%3"@5!%'GSPB+M'(Z44P9K-=96)E8$$Q:M),;W M`=2*5G8KE!>XV@(JNWLN]W'QWUG>= MJ-Y*@68M&V`03%D6F%DVP!XW4^?FP-F@[B".^L3:XG-+Y1%JZ!VN$R^0'U@? M^E=@L0::_IQ?/\0!]TJ?I:?R@'Z6W:%JB;7!E!V3Q6EVCS%%+&&6IVT=V05I M:-1H3_EKQ!V05P;9H/C4WX"&:UCV#U!+`P04````"``L?6E'>K(=RA("``!# M!@``&0```'AL+W=O"3T4:NO$JI=@FAW%:$8?G"6]+H-WLN&%9Z*0Y0MH+@G24Q"I'O)Y#ANO&R MU,;>1);RHZ)U0]X$D$?&L/B;$\J[E1=XY\![?:B4"<`LA0-O5S/2R)HW0)#] MRGL-ENO8("S@5TTZ>34'QON&\P^S^+%;>;ZQ0"C9*J.`]7`B!:'4".G$?WK- M2TI#O)Z?U;_9:K7[#9:DX/1WO5.5-NM[8$?V^$C5.^^^D[X$ZW#+J;1/L#U* MQ=F9X@&&/]U8-W;LW)O9O*>-$U!/0`-AR#-."'M">"%$DX2H)T1?S1#WA/@N M`W2UVYTKL<)9*G@'9(O-YQ0L-5P8$:T,]'9)?1)64]BSR-)3%@;S%)Z,T`T& M64SN,,GL,:1TD&!`0&U@U`7RQC(@2T>/$Q0.D4S8+)^*K/\3>6@SO+49NLT* M+7\1/>='M_S(\:-^LQ>W'AN+<<3<8?S'B.(IHGR*6-\C'A82CQ82NT+01(J\ MQR2+.8HG"BX<+@H3E$03N/*+>NMQ/5<@O+HBC(B#;4X2;/FQ4>[0A^C0_UZ1 MN6)W\3Q8%L%(O-3]TK6WBWR6MOA`?F)QJ!L)-ESIBVWOWYYS1;1E_T5;KW1' M'Q:4[)69SDQ-KLFYA>+MN64/_XWL'U!+`P04````"``L?6E']IPHG4@"```U M"```&0```'AL+W=O&]J*35A)V:VC2!PJTF#QR#K2JCG3?@,UCN`-,0@?M:D%S?/@3:_9^Q-3[X?-V&L/1!*#E)38#5O6C+U]DR]=V,5GZ%S`>8+DGB"U!(DER.\]M@:2VRPL!.4H^QRT`[?"8_,#_7K0CV3*J[PASI)\8D M42SQH[)=J3M\G%!RDOHQU_G86\U.).N&2WK\4BC_`E!+`P04````"``L?6E' M+1NT(]\"```0#```&0```'AL+W=ON[<4R/$IY6D21V!Y91\47?F*]^F;/AXY*M1P.D3@- MC.Z,4==&.(ZSJ*--']:5V7L>FL-1 MZHVHKJ+);M=TK!<-[X.![9?A`UIL<*HA!O&S81?QX3W0SC]S_J(7WW?+,-8^ ML)9MI::@ZO'*UJQM-9-2_NU(WS6UXY_TP%6_/V5[.31^5M'`8[ MMJ?G5C[QRS?F8C`>;GDKS&>P/0O)N]$D##KZ9I]-;YX7^TU:.#/8`#L#/!F@ M?-8@<0;)NP&9-2#.@'PRB&PH)A$;*FE=#?P2B!/5UP,M%'S0)(HY4-$+E5C# M.9C4UM5KG>"\BEXUT14&&\S*8M"$B!0[*(%#R!P;+[(@4H4C@"!.4RM=FV&%3$'BHEJ%+. MG:E3*?U/#,6@BMG6P>#;%V/C0"CQB08A6,A5744#!<[=L5.?'XO$1@M1O[18KA"\6R%NF@=R*M`,5R@V-4>\7&5P-&2 M_X@6+BN<>O0C!\+_1!M]F)LZ-AS,`"J"+3_WTLXTT^XTY#Y@/7=]VE^AQ=J. MJN\T=76B!_:##H>F%\$SEVJJ,\/7GG/)E%_Q%W4:1S6>3XN6[:5^S?4QV8'5 M+B0_C?/W]">@_@M02P,$%`````@`+'UI1^#)]G8!!```=Q,``!D```!X;"]W M;W)K&ULE5A-G,1Y"&T.L1']6OT$=&.MKK+]T1V%Z+U?==5T MCXMCWY^7OM]MCZ(NNR_R+!IU9B_;NNS587OPNW,KRMU85%<^!$'LU^6I6:Q7 MX]BW=KV2E[XZ->);ZW67NB[;WT^BDM?'!5N8@>^GP[$?!OSURK_5[4ZU:+J3 M;+Q6[!\77]FR@&R`C(A_3^+:O?ON#>)?I/PQ'/R]>UP$@P91B6T_4)3JXU5L M1%4-3&KFGTCZ-N=0^/Z[82_&=I7\E[(3&UG]=]KU1Z4V6'@[L2\O5?]=7O\2 MV`,?"+>RZL;_WO;2];(V)0NO+G_ISU,S?E[UF33`,KH`L`!<"T(L"&\%-V%T M080%T5M!9"W@6,!=9XBQ(+Z;P=>+-2YU7O;E>M7*J]>=R^$&9$L%;P<2Q>RI M]>W4I1LYV_'BK5>OZS`*5_[K0/0!`R-FHS%Q,@UYUA!V0_A*`*D"%M0,,);# M]`2Y1L2I1<,L2?&)9%)F^%%FJ!(-$TQ-M-(8%DY*YEDSC)@7%I*`8!?'I MB38:PX-911/`24D)*2E!2;%%4C)]N5#+/6)21$J*2%$$^9AJ3&XP#D]`1DZ2 M(4$VW4>A,2QR7%(6D,_:.*RFXBX4C!3+T-PXLZPZ@BP7ID#(`_#(K2.@Y6C[ MR2Q3;1!C>:ISA#P`BYC]YK:1F=:0+`/N>+5"NC=MC9EEI3>(LV-*(P& MEB1N3@H!*0I,-H0650:4@=TF"P0R'C-'573<@(D;\E7)J,(L86DZ^$O)\#`WKX2;R3>H8QBPE]#V"AGI^1]R`3$AC^^4^>]^\->B/8Q[,YVW ME9>FUS_G;J.W_9\G,[L8W;)DS8OR9+0MJ7/6[?%8]?SZCQ*HSXQ:3_R9I MO3J7!_%/V1Y.3>>]R+Z7];@#L9>R%ZK'X(NZ,8ZBW-T.*K'OAZ_)<,?H?2%] MT,NSV>:Z[;6M_P!02P,$%`````@`+'UI1W;8M]CF`@``+`P``!D```!X;"]W M;W)K&ULE9=-C`S,;C3'CJ3 MR:$]*[9L,P'D(ME._WWU!4E<&?#%@'CVU>YKO*RS"^W>V($0[KPW=Z9&TXLZ.=@WFXK+;>^S8$;Q504WM0=^/O`97K9MG:NVYRS-Z MXG75DN?.8:>FP=W?%:GI9>D"MU]XJ?8'+A>\//.&N&W5D)95M'4ZLENZ3V"Q M!JE$%/&K(A?VZ=R1R;]2^B8O?FR7KB]S(#79<"F!Q>%,"E+74DGL_,>(?NPI M`S^?]^K?5+DB_5?,2$'KW]66'T2VONMLR0Z?:OY"+]^)J2&4@AM:,_7I;$Z, MTZ8/<9T&O^MCU:KC1=])?!-F#X`F``X!PS[V`&0"T$=`,!H0F(!@[@ZA"0BO M=O!T[G7,4QIEWED)? M&*B8E6:B$:34"!@(3R1@S0*ZMAV@"H>W-R@T$24C.4R*K/\3N9DF^IHFTF8A MO4.`I@6"KP*!%@B,VU=EM(J)M1>:`6%TFRDT\X!`Q-8-XS%,=N(J-7U:[-%-H)K;:KI'2R``?WH;6&H(H MG"XHL1:4Z((B?UH@M5J:SK<4^-84U/*4J09*QTPU#$#^B*T&@M#ZI!I;#?2` MXAE5`7M5IME%,_H4@%9K`;S#6V3/`LWQ%IE';<22PD#Q"%,.0O8VT)NK*1`' M,\JRMS9@>ELTHY6`T&YN>(>YD3V+:(ZY&@(@'#/7-"8X`I4&2L&8MX:998R] MQ8&^Q\V12.S>)G=XF]JS2&>\O0QD_;F;EY=!'A(X]O::%EKW0BBX]L7[-`HU MI-NK(90Y&WIJN7ZY#ZO#H/L$Y2AUM;X"BP)8UDLY&*O1ZT,^SXYX3W[B;E^U MS'FE7`QP:L[:4Q.@^7-1DQ^5I+(W7PZR^X/38S^;#'X3\'U!+ M`P04````"``L?6E'0PE]OQ`"```A!@``&0```'AL+W=OGDQ1\;[AO,/L_A1S8/0 M6``*6V44B!Z.L`1*C9!._,=KGE,:XN7\I/[-[E:[WQ`)2TY_-Y6JM=DP0!7L MR(&J=]Y_![\%ZW#+J;1/M#U(Q=F)$B!&/MW8M';LW9MIZ&GCA-@3XH$PY!DG M))Z0G`GI0T+J">G_9L@\(?N2`;N]V\JMB")E(7B/9$?,YQ3--%P8$:V,=+FD M/@FK*>Q9E,6Q3/*DP$LQ!1RR? M(M8^3QB&SYUFHTXS[S1_X-1ALNEEFENW7BF+'L)6'C9)'\+6#A89L9O-X8L+ MP$#L;>N1:,L/K7)'.D2'[O8:FPOT);Z(9LMH)+[2W=`UK[-\671D#S^)V#>M M1!NN]+6UMVO'N0)M.7S1=:YUOQX6%';*3"?F`%P+&ULC9;;;J,P$(9?!?$`!7-,(H+40*KNQ4I5+W:OG<0)J(!9VPG=MU^? M((=U@)N`G>__/3.,&)(.DR]:(,2L[[IJZ-HN&&M7CD/W!:HA?<$M:O@_1TQJ MR/B2G!S:$@0/4E17CN>ZD5/#LK'31.Y]D#3!9U:5#?H@%CW7-21_-ZC"W=H& M=K_Q69X*)C:<-'$&W:&L44-+W%@$'=?V*UAM@40D\:M$';VYMT3P.XR_Q.+' M86V[(@94H3T3%I!?+BA#526<^,E_M.GU3"&\O>_=WV2Z//P=I"C#U>_RP`H> MK6M;!W2$YXI]XNX=Z1Q"8;C'%96_UOY,&:Y[B6W5\%M=RT9>._5/"+3,+/"T MP!L$PSEF@:\%_E40C`H"+0CFGA!J0?AP@J-REY7+(8-I0G!GT1:*?@(KCA-A MPITM7B[*GX3T)/)9I,DE]:,X<2["Z([Q)+-1S!B2*P0,A,,#,$;AV:83/"GW MGA^0*2):C,0P:;+]S^1IF/Y]F+XJEJ^+-<,@N#<(E$&@#9;W03:24<)-8$KC MEL@FB7R2V#X23Q,)C8F$2KXP5ELQ&\U$T7,FZQEC;RDF[QGCLU?,MF>6TPE% MQH0B]61B=]H@-O9&/+\W%L8(%C-*NM!1@I&2]LR(3]XS_DA)>R:83FAI3&BI M#<)I`^`::RJW9Q85`&,0`,PHJX;\>*Q5!VBL5P=HK%D'Z+%;G9LW>(W(2;-=.X@14@YGMA.[MYQ,L:1T@ M%S$VW^G_9>.\8_Q=E(3(X*.FC5B'I93M"@!Q*$F-Q1-K2:/>G!BOL513?@:B MY00?#:FF`$51!FI<-6&1F[577N3L(FG5D%<>B$M=8_YW0RCKUB$,^X6WZEQ* MO0"*'`R\8U631E2L"3@YK<,7N-K!6$,,XE=%.G'S'.CP>\;>]>3'<1U&.@.A MY""U!%;#E6P)I5I).?]QHO\]-?'VN5?_9LI5\?=8D"VCOZNC+%7:*`R.Y(0O M5+ZQ[CMQ-:1:\,"H,/_!X2(DJWM*&-3XPXY58\;.ODE[FI^`'`$-A#@;)<2. M$`\$!$<)B2,DGPC`EF(:L<,2%SEG72!:K+<'7"DXUR)*.5#5"]58H\E-:XO\ M6L3+*`=7+72'00:SZ3'P,6;;8]!CS*['Q`,&J)S>L.@^;&S#(B>03`O$]P)V M\25V`NE]RL9@%K9:BX&1^4T;)5ZCQ(B@S.>36A\+@4D$;WV^Y-GZ<0_SI-X\ MJ2L\FQ;(O*W/YK=^X4VPF&[]SF+2N:U?>HV6(ZUW/A:2Q3-]GKT^SZZ@Q;0` MC+P]-&PO M=V]R:W-H965TV$[;^OOV"3RDK<"\;FS7LSC)ZG'AE_%RW&,OJ@I!>;N)5R M6">)V+>8(O'$!MRK+T?&*9)JRT^)&#A&!Q-$20+3M$@HZOJXJH]T\CO&WO7F^V$3ISH'3/!>:@JDE@M^P81H)J7\VY%^:NK`Z_>) M_:LI5Z6_0P*_,/*K.\A699O&T0$?T9G(-S9^PZZ&I2;<,R+,,]J?A61T"HDC MBC[LVO5F'>V7(G=A_@#H`N`<`&WB5LBD^05)U-26"LXUR2*.5*Y M"56VX>2F\*:^--FJJI.+)KK!V,"MQ8`9D2AVKP2,?>'02E3I8X+LEB"S.6:. M(""#_)8@MP2Y(X"W1?8&4]HL+6:19P$J2Z_*TJED/I6E5;&815F5CU4*KTKA M5/([*A:S`!"N'LN47IG2]AP$_(V5MVFK\*95W@RJ>TUSA5:N:3!_K`)2KXPY M?M0V!UJL``P0`GXA$-`Y!U*MRXH`)>A7FARW#*#P6P[\A^>`WW3@KNNF>IWM M`NP`_*X#(;9S(!#R0_RV`W=]Y^X0!_K7=,G5Q4PQ/YGY(Z(]._?2WLOSZ3SC MGJ&YV#_A33V@$_Z!^*GK1;1C4HT'%Y0_!1ZM=2_P4[ ME^Q&LF$:L_.L;_X"4$L#!!0````(`"Q]:4=`,&N"S0$``,4$```9````>&PO M=V]R:W-H965TY9E(0Z:=3T\ M2Z0.G%/Y_Q&8&#=1$ITF7KI]J^T$+@L\Z>J.0Z\ZT2,)S29Z2-95;@D'O'8P MJK,^LMFW0KS;P9]Z$\4V`C#8:>M`37.$"ABS1F;A?\'S:TDK/.^?W'^Y:DWZ M+550"?;6U;HU8>,(U=#0`],O8OP-H027<">8TNU461S+=+4H\-$:73#$,8^>(3\352#2"<$FP&P*-T9 M:X308$SB.U-7:^Z4:<"@T;:[M`7[W\P/M!A.E\9T&PO=V]R:W-H965T3^E?S/5*OH=%J1B]'=[D(V"#7SO0&I\HO*= MC=^)+2'5@7M&A?GU]BW,=X4DZV=R&R!JBV1`FBX;8&N(; M`P(R4]XK*JN(9PE2`$Z*Z)H")I\CXP_S]>.`^#H@@8#8EG$#V1M-!F6`)@K6 MP7U1!:(P67VAEL2)DEB4V+5*"BB@":/POJ:RFN0+(*D3)+4@R0((:/(%2062 M[&*'W.58.3E6T/=\J2&@R3/GJ[$@H`D>8V1.C,RV(UW`L)IHM8`!FC3.'H/D M3I`<%G&VPVY5D,3IVKE![%;-;5^3Y(8$71P$`SZ2GY@?VUYX.R;5F6(^_9HQ M251(\*2J:M11/P\HJ:6^S72YF%E49.7QFHO594W?Y>DI->%#>S.\+,XGI@P M.&GB]+Q]49&Z+6AM->2PL!]!O`580"3B5T&N[Q9R<>K6M;>W+( M+R7[2:\;HG-`0G!'RU;^6KM+RVC546RKRC_4L:CE\:KN(*QI9@+4!-@30G>4 MX&F"UQ/\4;RO\7Z/!^,$I`EHI@.L\?C3`1HE!)H0S'00:GPX-X-($Z)[!X[J MG>S\.F=YFC3T:K7G7+P/(.;H1FAP88NWN^5/DI1LY+.4)N^I[^+$>1="=Q@H M,4N%P<$P)%,0T",<'H`Q"FB;/$!)A\,.U@J!PY$8)D4VWT0&P_3NP_14L3Q= MK&!:P+\7\)6`+P4"]S[&6D("50H%B:+0,R6B=%8*!*-AG;76`8&Q9$KG:5HG MZR`0^,-"SSHQ,"RTZ83,+52@30>":#JGT)A3J(L230M$QJI&\ZL*7&,( MTCQ15XU![M=Q=E=8C?(0'-'*-`IX83A6VPX&7']&=0$PYZ:G,'!G2$!C@0'\ MCPI[YBB\Z>FD,2#RQF:/1D$\II5I%(JPL5MZ;&A4&`!O1F;]V*UU3L(P3C'/ M$8",H_$6L]08X,Z85@";W6#CX+QW@[4;^,6-<_.'7Y'F*%?%UMK12\WT>]2; M^WWT$8J-X8M]">(G8+!G8G\UX6&\,NFL8?QDLFFNR\;]RQ;XP4 M\3O(>`=WR[;S68TT.>='\B-OCD7=6J^4\:5*+C\'2AGAY74?^)M\XM\#_45) M#DR&ULC53;CILP$/T5BP^(P5S: M1@0I2U6U#Y56^]`^.S!XQ5E4'G*J=&&$P7QHA.=7F*%NL1@FT=B3.,`G##'/:#T&1N]BC M+'(Q:=8/\"B1FCBG\N\#,#$?@BBX!)[ZMM,V@(L ML/"8^'V+;-,B6RS2+0L[V];#@[+=9JD+J/2@*-UEKW+!-V/&0;;N^BE4B6G0 M?LK6Z'K#C\2-Z15>Y"-MX2>5;3\H=!+:#+N;R48(#<8_W)F&=.8-6@\,&FVW MGVRG_+7T!RW&RR.SOG3%/U!+`P04````"``L?6E'T0W`"V,"``!F"```&0`` M`'AL+W=ON7"V,DZ0C]9@3%WONNJ80NW MX+R=>Q[;%[A&[(6TN!%/CH36B(LA/7FLI1@=%*FNO,#WH5>CLG'S3,V]T3PC M9UZ5#7ZC#CO7-:+_EK@BW<(%[F7BO3P57$YX>>;UO$-9XX:5I'$H/B[<5S#? MIA*A`']*W+&;OB.][PCYE(-?AX7K2PNXPGLN%9!HOO`*5Y44$H7_&LUK24F\ M[5_4MVJUPOT.,;PBU4=YX(4PZ[O.`1_1N>+OI/N)S1)B*;@G%5._SO[,.*DO M%->IT;=NRT:UG7X"0T.S$P)#"'I"7\=."`TAO!*B44)D"-&S%6)#B)^M``T! M/A`\'9:*>HTXRC-*.H>U2.X_,!=P*D6$LB/R9>+5*4VJ7EZ>?>41@)GW)87N M,('"+#4&)L.0M8:`'N$)`U87@6NK$"AZ,%Q@I1%P-N)A4F0S+;(U(N'T2L+[ ME80ZSU`'D<;3`M&]0*0%(B4P>_#8*$BBT]*0'\`?QJPT)@R'(6L-@=$P9*,A M`$33JXFM<<1F>R73`M`:!S0"UCQBG8?&I`$]/NTVL;A/C M-AUQ:S!!,N+V"R8%_E[1BUX4/_+;CN3R>I.X(\BSH=/NRIHTH6>-Q>ECXCV"^!:%&#/&[ MI%?QY=[3X5\9>].-G_N%'^H,M*([J4L0=7FG!:TJ74DY_W%%/SVU\.M]6WUC MAJOBOQ)!"U:]E'MY4FE#W]O3`[E4\IE=?U`WAE@7W+%*F&]O=Q&2U:W$]VKR M8:]E8ZY7^PO&3C8L@$X`.P%,)@7("5`G0+-)0>0$T:<#F!3$3A#?ZX"=`-_K MD#A!TA,$]NF:N5D12?*,LZLGSD2O6#!7.-=%5&5/38A0?:>1Q!F MP;LN](V!AEFV#!IG"LO@9!Q96P1T1*!"#B:%_E`*Z%)$$RE:)AYG5BV#)Z+> M46=S1YVM95`*;P\:?1\TLM.#[#.;I;<+1-\+1+9`Y%+V)J8Q3&R?K&50:#ZW MC>)!H]@9I4-&5KBT#$!AX3HR&2P1")#8$F+(JD MM]S_#]$G1D.D@R%2%V+"HDAO/HD^,1IB-AABYD+`\6DO+`-P.IC#0BL+X12- M,VO+H`C'X]#&0C".\.TQ@7!P4*9;A9FP*1P#HC":2'P7M6VIN/\W#[Z\TFO* MCV:[%MZ.71II7QE=;W(1Z2^CU%V"^`@/]:S#?V"WDLWR>GV52;41FOS@P)JG*&SZHM7-2AYRN4=&#U+>)7E1VV[<-R<[M*:8[2N7_`%!+ M`P04````"``L?6E'TVK+)34"```Y!P``&0```'AL+W=O]JX3:`&4!>MZF)JCA-6T\AK93_S6<+,<*H0%_:M3QL[FGO*\H_5*+7YNI M'R@+"*.U4`I0#@0BKB^?RH_J:SE>Y7D*,YQ7_KC:BDV<#W M-F@+]UA\TNX=V112);BFF.NOM]YS0HZA1,)9TI$*GNR M7%R>A-9D^BS*XE`F<5R`@Q*ZP$0:,S.8+!^&+`PD[!%`&G"ZB'Q7A$C3H^$` MKV;N=)!;@0D0WBK+8-8C!9^$0MQ\X@XWN9V(MA,*/DSJG?0(P-<-88"&([W9*YMZ;[ M1IBKWN_V7?\U4HWE:G\63N:A8W\A7PG3U$_R9='"'?H-V:YNN+>B0K8SW76V ME`HDW08OLB*5?,?Z!49;H::Y*I5I[68A:'M\J/K7LOP/4$L#!!0````(`"Q] M:4?@M)5LI0$``+0#```9````>&PO=V]R:W-H965T^>&/6.V[D%Q>X<#:/^G1:.X\Z'IF!T,\":2 ME&1YEMTSQ86F51ESSZ8J<712:'@VQ(Y*K0.U4*A1/&WM`H=URG]*1;:;4(^$_*5D.?1>"H4;7[GCE>EP8G8@8?9 M;?8>;H*(5R;>F_5M1TT3&Z_*+Y/260)X$ MBNQS@>VU0)%<;F<'N\\%BIL"Q>Q@<]VFCIA=JP'3Q]EA2XZA= M.M4UNU[0AS26=WA5#KR#7]QT0EMR0N>'&V?0(CKPU;,[[Z+W3V@-)+0N;+\$ M>^E6I<#AL+R1]:%6_P%02P,$%`````@`+'UI1YU\OF$>`@``?`8``!D```!X M;"]W;W)K&ULC55-8V4 M_1)"4368(O'`>MRI)WO&*9)JRVLH>H[1SI`H@:'OIY"BMO/RS,1>>)ZQ@R1M MAU\X$`=*$?^WQH0-*R_P3H'7MFZD#L`\@R-OUU+.&X+W4MPO=+CL=[4:R_C3KQQ]._A]02P,$%`````@`+'UI1U6!9YX@ M:```PI,!`!0```!X;"]S:&%R9613=')I;F=S+GAM;.6]ZVX<2;(F^'OV*0(" M:YO$!K.8%][4YS3`HB@UJW5KD:K:LXW!03`S2$95,B([(E,4&_.C7^$`^V>` M&6`PCS*/TD^R=G4WC_!()B75G%D,T%U*9D;XU=S<+I^9_5/3+)-56?QUE9]6 MJW+YS\\FD\-GR>>[>=G\\[/;Y7+Q_/OOF^EM?I39K;O-\>3?_?K2W=_#]75:4S_[P3TWQAW]:_N%%-5W=Y>4RR?-/WR__\$_?XSO\WG'RIBJ7MPV\,\MG[5\O\L4@ M&>^ER6AON-_^\=UT"3\.XS\^-IZ_G%PURSJ;+O]C^TUY^$-^4^`3T,3;["[O M/'7ZQ[/7[]XFI^\^O.]IX12ZK[,Y=#O+/R=_RA]ZQWCYL.AT,-S;_7/O"^_S MNJAP7K/D1;;LO*O+]G_\A_\06YL3:&-&[;R<9S?M7Z^S>=-IT?7\LFBF,*=_ MR;,Z>0E?=C:T_:0,-?KLG\?M;TY7==WNIF^6N[O#T>YXV+/Z+XMY7B>G\-Y- M57>6_F0ZS>%W^'7&3_;M875W!]1RL:RFOZ;)!9%P\FZU;)9`5T796;S3"C:[ M;*!5^-14\V)&7?R0S;-RFD,#<'Z:9/MCF:UF!?RR`P?CX\6+9'MK)]E*BC*Y MO*U6#;3=7==\ZJA]TNGVXX=G[/FE@["%#_D?UT5G[(Y M+'.GDP\YD'PQQ2$7Y2?XXR[VU,5M52]WEWE]M^XI6&)D-$U2Y],<.KR:YVE2 MYLOV!K]B>S.@/.!(1;F"3H`1UL0OFN0VG\\2X!])`TO7;N:R6@*U MKN_J?8VM`4WA1N`>+'#9HDMR7@)YW12P8M)6]*E7,//[8CZ/SWM>E3?_^/N_ MT2[%!_0:GM@UOW_E['L66"CS]?G)#^>OSR_/S[KDZ2AED3T@F41^KW$\\R*[ M*N;%,D(6NH\+H$QD[S"5>9XU>7)=E'#RX*0FU=6\N.'I]!)5G0/AK?J;-R/X M1K2R9DYPO;S:O3S[\&;MXKWNGV::Y)^G\Q7R*=>?+%`_S3!%K!D6CW^C1R\N MWYW^Z8_O7K\X^W#QC[__Y^3LSQ_/+_^ERYZ8R3;(9#M[/P,^"0.&+A=9,=L% M%CG-%@4,H3,N$%":5?W0T\X4KJ75G+AQQ8RAN@.9YA:X=?$I!T8&?\>X M3T4)BPHL%>^"/O("RFM65TTQ*[+NS<;CV:QOV4I#U,B;-GOWO$32RI&]\_HL M,F1NGMGC,+>&Z61O0JUN#?>/@$?@MR">+/.[J[S^'_]-93MZ!*XX_5KNN13: M:Q;Y=`E;-.\,8;/+=L,K^7V&Y^,V7Q8@>&Q^+6_2>J?Q?N$S>FGJ"M>PPC'> M%Q_"Q1+^H9L9U_R=)Y^X],'B>3#7])&YCS>6W3L"RSD=-S_&-4ORH8?149((^-OZ7<>>5OTPZ7[VJJP;NHKJZ[IYV648XJ/GG!2YZT^%F<,_/5M,E M\`N@V8HN^<[2P+7`9^TNJW_-EQ%!\E5>YJ@\X$/9[*XH21G![HF%R*6I%XFH4Z)2<86N`&%AFZ3SHXS.ZDZ M2Q0=R'5=W27"WNC><@0:D8:8);IA";?NDYWX:>D=9_P$4>"1L257.=SK.:[: MIZ+!Q<9KGH>3++//WN]_6Z&E=?^T&G&5U"1-O M4#-FC7(-\_LA:XHI$?ZLF*^0K9Q!:P:TI5)FEP1U^MVWKDB>,3;/2V_D%GT_?XA![FUH8L=F"%)]-=P MZU=(P=FGK)C3'%7]2)HH53^\6=#N#9/'E;P<5[ M2(_0Q^&$&L^\CE,8$V55VE'VK!X37Y]]YYOME1L]+T>SN@/)Y8$H3I;.T52M MY(F'@72)W:N,N[O#^X\G)W?AX%L*LU\JPXN$R6S+$L:7"MNXW$ZS)(GB*]6) M;O-UV'[_#:+W5H]U+*($)]OX_(Z[%>$Z['"PER`$%3>EF!6F#PE:RILY[VTV M^V7%S*+]VL<2E/1Y\3>8$O)9I)";#-:#>T2*=PQL%^ALM\7`>@3.R$QB,SY] M](G7>=,\C[3T;22<#0;TU<+%9O2#7.+EO+K_,DOTZOWV5G)Q>GO\4MULY>8H9!]V<<5-( MUR2DY-7@$H&F#.\5L%[NYL5-@,_$#4E21[YT]8!W.C',':.D9,BAB;HZ0WR! MG&Q:"%&C(G:'UK._93$+&O#CFM2,[5G.GW9P%;,YK#,Q5N2;LVIUM;Q>@5HG M>GZ?C@:TMJ@:).[KY%5=P.A7#5P_79)5(W!2`(&XR^S>*@FJC!@CNBIF\>YF< M_=^G?SQY^^HL@8OQ+.'/%PGB!V##.WV=7OS]Y> M7D1I)_9@5__,;XJRE"5:D(.^,W1D^7T_7GQ\__[UV1MH^^1U\N+\XO3UNXN/ M'W!"+Q-'P3#VE^\^O`%!X-W;N$?:G7?G]'B:K:[=R!KCC:ST9MSS)5RD"6A0 M*T,61=.L5-,ORYPOO?MB>6N956>=O)IT`=)R<0UZ"="J7"PXN_<@HDTCE!-Y M9(V,OWD_SQ.T/1`[>,]:&DLWEZ`D]BB&LA7D5')2I&A[I%RJ+(.-1N35-,F2 M%Z!4W:,99FJ_QY-X#X+L_&$7A`\\HNK5@I&F+'$93Q41WP%>$(['G#!084";A6>9?;7V<'QHD)R#$W2%S+<@.`!]VIS(H4JZR MJ5J@E_=Y[@12&)MID;[%=0V&:-?56-'CT[C-0!FYPA[R>4$^!4?W\C0,8Y"< MEV***>I9\M<5:,O0(LR9;1_AD$J@CRG>("6+>/,<#G49@5N2:O/Q73O&'B@(U?S9G`<=#A M0)&LR^H^FW`:S?Z&2X?M\LOLF@/*$@HEXTI^ M@Z=QEUXY+V?G9]7L'CZSB#Y^195)GS3'W!K?;I> MU671W.+>-W!KBI;(P_L"3C%C4U31R/CQ7.(A107)&`P:/+T@SLL%7LZ)J94X MJCG*X:NZIBO7O[`C/,$NFVH$<(Q!=&\:9!YJQ;M&YKZPO$]VU6RR4>[U-3J0 MQ9U`IAQ/)GI@S"_F@/E8[.9\H1?X&C[RS!B;'RD M41T9#DG,JHH#<'"W@(B059R4Y0J:^<"D!)V_!`I)AGL@N?^)Y@5S]'RLK#QC MG9*\3^RE/=;&7)V9OSH7>O^2_`N/RV5"[.N15V9Y,ZV+*U'_5O7:@7L29?#C MVA49)!^*YE=F5A^!;.IE!A2"?5ZVIF4M526Y-.B0(ZG-O>#PQH M62SF!1Y96%IAW<')(?**\F@RLR3+X@ZO>Y@8L'.F;1T>FCD>=&!`"4OLQF_- M%4@LP+Z)MHEH,C1APO$&.32_OLYYANU)*?]/>Q@'CC#"$`8@??SWSAZQ&DT" M$N.TYL3$IH0@QJ/#=Q@;IUFN@;L+%O*FKE8+TI.`'X+X6_,B9PM8J<\%4CT\ M.CX<'']'`X)/D^^(H^9+AY)HN57PN36N#@?'3D(/1PH[6R-)U?#G3$2=^\H/ M;)"(?I-75:H&B1F?Y M':T[3X@8O2$89$8@;?'RTHNY/N;(E\:]K98&V M_H:%Q%UVM9%0C<`L! MQ6JMC^\.^2&1Y6^U2+V<2MB1XU%(D3BO7W/]:0;B]:>\%BBIGPVNXDLZ/<4= M]8'_AF(A*C_^.(BC-KOA;DA0J%<+=RB(M;(`)/>$/Q95[346[\QF/NFV8!U/ M9Y^ROVLKE+>!,<$J61&8*+JJ41R'&8'`@4Z]SFI8/(HO7H3@0TXP*O<[(]DM1" M-,?<0&&P]N=D5I%LIE(''`*"/M;%3<%#5_Z5THZ%,J(`Q^!TSU&.9WD.I*B5 MG#J<$8@TV#4L)YO#@CG+!>T:+!H:C=(LV_]SOU*R+G&B"/=@JA(@J)2_X,T( M[:G9?\;\C198FB3A^`K&#@H?V3\%U<]4_B&?$B].53J"VQ;%(F8`0,_TY90P M9Z372@/`O%'VP1O'L=@9/>N?\$-IT[SN'=($MFMO$^/!:-TEGB2AT[OBYG9) M:WJ5NV55"L8A.P8=2BTQ0>4C[\29$!W+;Z"?D,E`-(BHX&Q1#'C4X&):"8(3 MCAW*>"A:B8G*BZ9L&L;KYX8AAC`6^!VO=W?V/Y:%\QK2&I[`9."*4B)O9'_4 M&4-L[9?5C%1+DD":U=U"D&04[N!FQ^>1I2J%#K!&Z+OO<6*^=*MP$:X"3H_( MDYV(2Z0O:P?SO>/3;IQ\>V(WN,--`"[>@^%=(:7-SO_%D/X&*6Z'9AOK$YU$P9$03GD-0'CZQ3,7Z:5/Q);TJ M9R*Y38MZNKK#R"TR[)S`W49&!9;>[7UZ]1#,!6_]60$T6SN.COO4S&*N/.*YB^.:!./.9#XW\1\2Z?0P*;Q$6=G9=:H MZTIMS/.95QG01IJ73`%H_F]$8X,KDT[!CRO8`=16 MS-+.G$7X-O>/.YL,CDR6&TC;41@--B,6CW([Z_'>%J=FF2OG6LFNT2+J-'<< M`C1[2&YR`3RH3:?;#.XG<4.\J.7+G4%REM5\".=DYX%%*0AG"*Q^Z:T2*F=$ M)M<>SD'JK>I3O/CL[._ILG_*G#O-?]5LD4X:.2LR2[8;K/C.-%I9G8,JHW* MU&9*#@K6S&&.P8O^:H7'^0H68PS!G?;S1E4 MA%S$4!W[ MO*2H7FKA.B>S<5,AB$RM>'">"V26<,CRZ6U)P@[J#G`06=+AFQ+NGNOE/0\* M;43&E("2"'-[6@=_L6KHD9N3^%)L3!2/[!;8`C7>N%`DUQ]/E:XPE#EO=#4O M>`#1UF4]NE,*+X`$/8IT5*PLYKN&<[+<=18B;4)GOL.K+>O7]MN*3.-VE"4# MH+IFE1'`,D=+#]";5M65?!KQ1P!9OB\X!*E/&XFFC M5S)PF!VU4U"(5.JHJ%'>`CM0?$8V5CONS6%^XK96HWA!5':5>$:J]P`70KDOIYAR!B"2>FZL/N=&M"E,T6R)Y>-=(%!+E6S(^($0?BE(7CE M$5B-NK7(8H5QT1LLXR#Y(S!P>"IER)9_2`89*[-$#BA[^%7W$5ADJ^U* MBV*J@Z%D#\A!07(-WA?.9@VW`F;H]@"<=]&@*N&8OK.'`"%59`EA'CK+[^#Y MI5@095EZ9N#6TUO/V.9:(-V(!-Y2T_%F8:\LC!]N'J`.^)/.JBA/#,KWO:BD MWF1W)!@U<`+G66W,(2\E4@2U^ED>\XQ92D("*8DJ8JN^(8V0#]0TBM>O1+-X MNV)=K6YNEQ5!KR'`=\T36NT2[4,+>%LX,&!#KS,*EE+N[].K]"!=%J\+SX M!;E[$+IH.;Q9I:9[^3"60#&X%,U#BS%(?E9O+%KB%FI(=#F>L9=J#T5X[LSZALL\R`:'XA%.J!2JS M>K^UXEZOR(S-#3=K5CX-Q0&V?#B:8A[2IEUD]W`$%XM\%NZ.'*3<7>G084!` MOX,3ASZF!;F*B&72T)6B`YY(3,+;1^8/S#&`P.[8^:_Z!;EN!)5+2!5_TD]( MXL33<07$3J;,.!P'C9CT[JR0,%<#QP$R\]Y`5(J"&0- MZ5-+=(D0H9@H+3@QV\+]GL4R824H2[FR%VL^]8^G,6ED5;("TT MYF]6U*BIZ@/>R*^Z"7+CVSR;/;W3IBVGMCN=`_G7:[M\AXN0D75JS1WG[VVX MWYB+SMJ99-3HJ2I`9`Y9G1LN@X?)89;/3=CE29@[H^6'C\5P&OEB(9>3O#DVBMB=-OX(DQI8-.%NN7Q<5V,:0 M9\G6<+"7@%`RITO*Q4B$X'(U1(32"<'JB><6!("]RLI?V=')+TW)>>>S&[JG!4(!WZ:YV3= M6-#^+T-AD9@C/CFKLWO1<1'KO*)<&^1@9HPL>P2(BG1C!\!QW"DFPD/9F:D/ MFX.SBY%TS=);?MS$FNXRRM[C>@&?14C<3V08,6:;`$FDI@B,4&,(G1A2D,S: M0:=$\MTX/DN:;-#(O+\#KC;8>-BH!V_E`07.&?B*-(VWFYP M&5SS&%ME/!]Z.A`?LWQ8\%TM#=#>HA=2[^3K"AU!=+WY=7>K]9P\J:\)6(+W MUY]7=,&3W"G`01PZJ>1('O7*74H9&TMYZLWO34.C:$.J.:QM)DW^NF8$_:W( MZZ'7B9MF4?FN@@M]5PTT;OL;;[]&?FW1-+*@68APDP6<83MUAV0BRX+O^Z49 MP]+\Y#L/#$91FG3#0X:#\@FF#XD,DY9FW2A#4B;#GC\SSM%C^0W*Q:#]W*FG M1\SF,;(5,Q8]X7\TIX)12'JH4S:NB(P=TB8<,SFUF8E,[]X?:?N,(-C7V_%Z MO)(RT9DXI)R%-&1+*'(:N/`5Q3S`(]';DX33I9IE)(QD;1RR0]GKR`+IN]>Y M*UK/:Z#Z^PSI^KR<#I+M9_K%,\G")+&])F?`R(,UK."YL9><+UH3M>]8J@(E M%/JC)BDUP5X'L3`\A)ZMR?H$E$'BHE1]N&I#2"YQ)9K@5;T9@#?NPN\+QC)F MT]M0]Q9+,<(8I,D4-SACBE_=I40#I3JMF`)FJ]K-*S!AD^D;*)KN5+FYR10K M:&$T0X46R]7-3=XLC8U'_>KB3D7SDP!$4+83142QR??DZK'3%I&0O8SM$(%< MIV%>``&CR.^]*<-.3J?%T,TWR")48=1O'H0%+1V M%C[UNZ:]%-;8Z/=*Y+@.>;6:XTWW3S7QQP3EYUTQ2D4PU"M-B^7(G@^XD)5# M2PEO\N0F$*_VSD8'0&86C'4D1N*&FP:K:P0[WD@)B0_HG5TELJG( MPIG%M7SUAA(0`*(@T;9]X282'IZ5V?P!CP/\K\G)M_B)S3&>VG]%6=1`-90] M85HHK8?9KZ4B%3V0<>4B M*IS/DQIC6OJ]/2EL8UUJF@2&]9&8Y2"6RA@[^_#[]B6#=B(/*64_PHV/70HF MU`DE8S&;7?#ATOEU"E?=\YGP`!#&NG4CP9_!_@TPDM1[XSV-./;"/)@,ZNV[ MG)*IEMX0:0>%UV4](^@#!6$"+TFC6R['M,*<38.)LR#(G@A+;44FBN!L6L&C MX`"(64/^#=VW/C-E.ZKJD4@=LT]=1#,<8#$^9[=8#0>[2JGRZ^5F`;?Q9#"R'U=&(N;9T.8S6LP M=KODYI#-9J'P\D@@6#SFS`1A8U=M$=N9>#L)MV:$G$"T$:7#?DVG\X2YY,^Y MX]=RY8L@YZ*6?+*4Q3P3#N#3II`RB<1,ZTAC1>@,XOG&![`7)Z'E&KMX[QI\ MCPTRRS]S+6X_,PT\@T'_[)Q9XJ$JIB(9-B'V4VTI!+1DMA,(M.0!EUVAJU$X MB'5CAH)0\_@"!#CIZ]5\_A`*PR!A]8WGT>Z_MG?G_<@XG>!7AXO3BJ3]N<$M@/J`Y^?V,":^H3715 M9^E=^#7I*GZ->N9AYR"FE69UC>FL!<`MZQ*N?I0PG+'$0Y,5V%3!2F1\^:EQ8YES\Q20YK)\U2[R"8V;X M]JHV2Z"SP?5M&J_=M7F>M0&H(9-;S>GD0&?+%YLE^4\X646>H%=(VP>.Y128 M"Y";?H0;.$U.0;6`]\HBTS6A9D4QQ<(ZLY5XS8$N"@Y(8LU\M#?B')>WV8P- M^H&;5_R;8BEA.'NV6M["`TL&N#I@](*%5EJ12@?@#)!V"1!,";H%VN2K^2=/ MQE-"K_B<7F9]O-&'XA%X!R6V!NUCN_3<50::3(`"H4"H7"4#WL=\UM+;1,K` M;Y[-$0R$A`DC&@>R.>6\(EKL+ MAQG-`#UYP%GTVC,^MM0;S*O[/(P5H\O@KOJ4MV*(MX;[1GHC)"QOAKL!H^,7 M'PIZGL/T!B=+CTKJ!CCFE&T%B81C9'T4GJ0'@LVHRKR?.#R[G#GA?S^)9-_( MN^L6#N4>L3MK+D;?+]E#L3&TWR+[JF$9-1Z0K\>V=8CW`<5@#(.:A=^9WO53-"AAM=:467=#6: MJHRK*78C&)Q&UJ2IPZ1,:2:B:B-%.+*4F()>/JZ@?)PG3!S8E7A)7`MBABTQ M,%BOU@$9VS6(/##M]"G33A^N)`&*[X#L7@;`GRTCUA0Q%B];HG.I'?)V%-8N M9T9%7_Y-#KF32(R()1GS^/Y&N?!J5V`QT[S$F"M5Y&L*:!+:(4>I=0H:+BJ< M'7A_9FPN:E[E9&F87E('`_(C^<'L@9%,07=%T]C,%5A)#`D(,82:!RG80I^K MD\>Y6L0S[OBUZC$]A$DQ`[K`(S$Q!@=S)-8EIO9TW4EZ['TVY]XK&LU*QE[Z M%R;>6 MO>SEPH]/R%QG3>"M?!E]G`ZC,SEB)+\&/(>7I<_2H:5Y!&B!(:D)'1 M6,'BR%V,BD^004H,N9NO/I[&O@V0*-G6)@A,5!1-O:""-]OFJA`@1(EN)%Z% MH/U-RTTABP%GO6(G1L6I&LJ\M4W%QQ1)+ MT40Q+\EIZZ"C]X1[D89IM'QWND"B.RPUU%XD<8@2!7SAUVXA,3X"78>2(U"&+!X5N_?6_2#"2NNLX_511)T85E^3@! MOGO0CR<0X8HAVWQ#LO,&R!%9A]CN\#@2^$&S`[)&ZYU8&:/';D`\0+<('`Y? M>TP5"2>?*O*>0VL?2?)L,N4JMEE?4*L()2-5G#.WP6X,M]40B#H@41@I)%O#$("G/%$(+B@T-0<-;(=Q%818N@ M%":FFJ%0>QO7D29E1FD0OA!`YEV$7P7!"/`6:0@B:;N>UU\U/9B(I^!3R*+O MQ4'O/O$(,$7K1)$LVQQ"RTG;=Y[WPOK@[0_.:(^%59./U)4@OM[7FE3KA(V/ M;P2:A;1][J!<8B.W>&G&_1B0W3D/US[ST8*/Y'=.X[\M(+8=_31RG\8[TMUS MK#C6QJ%N#S%C_7XZ.IZ8?__Q]_]7_DNQXC?(&$IB:`;'LPU]#`_3R=X>/6D^ M\IBVDM$H/0C:E6>XZ=);BLY.MP+AL3?:!\]O_XO3'U=Q\S_WL1W MG.Z-QN;?C8D/#N]HS!1G/BIAC(_3T;YM5YYY&O$='QRUR`N_T3[BO^*T?ML* M,S3]_[^6,N(2&G89C+XD@KOMYYZ%2C7@F"3Z=*R-THAP#<(CA(E"%<.>,H2T M0X;>)!MSE17-FMBHUH47X-O7@B#-E-=0N60N5#F4D'8Y>N:0+8FPI@).IFG; M3W:'_U>(]Q,?$AM03?/.J83H&?*DHCU#__@$HA`%G('P3)(H6HI"@'('\=N" M+`MK508A3'"',ZTQ@LLDC"3Q%V<4UW2CCW?`&"[2+W"=BK;%2-(+N`CFZZV^R490+2>!@RSPX@1QO_M4-*#8L5I"4 M'W)Y7Z>C4W^Z"P;GN.6*,UAN!*`HJ" M_,$&;LDN#+09._.7\Z6%T0I+AUSE?6-7.:>T=2@<8/X@Q$&C]Y0-1NR9=@T< MI@-[[K$(^ME$(L?,Y*3]6&C/!J7T^O49(^*G9\G)9?+B[/3L MS0]G'_P>LCQS8BHWL07.U)2=NAHP(=OJ/0/;QT?)CNWVXNS]I?2KHV?FA+'VM1K&+8PV7, M)8Y1#`#9S0V&Y`9LB17T&RJEO(I7?1-]I6IZTD;WR&Q7*/K\0DD#ICP+#*'B M>P(=M*2N-!WJ.7%#ITC:$S=FHZF8\G1_E(&^HH%&?GC-XUXC^9"N.#X>6:51 M9>W+)RWF$]/L3B^P&EGA?NXYO\**T^*TF%;8]I*#D6AU+M3I`NG M]N+2D946Y8M/Q0R/FEL&8;>!_5L4EG8R&D;@M:SIJGC?K%"@8+4;[WC%&"I& MC_*W+!,VN7_*@]2$F5Q'NRAOPN;=H6>S?K!P>"LD/MW&9S)/<\F4][V$('$TU2.5[YP>T`%Q M[Z0J]JV:QD.:HR$%;=(T3&G&%F)'1.R39@ZD_A)@"[.)O>5TE M/@6^`3JW\72=`!DQ00=@^:=AW3OA0!'4^[^?+]B4=FH9O)PB&17@V5^Y[MNN>2Q4FMV&3?L00H M=#("(/6Y1=R2Z$)T'.K=&NN//\&><6/M9*,)%QJTCRQ8@,^V+VB4\D19*NELS:P@VN" M/;SAAL^HX;?85?!-V%6D8^K4?W*U7[??ZDI"5V_[%NAKBL=O)=O#=&]RF*"9 M=OLP'8T.]./!>,(?,<_#/DKTX0B^60%[%#U@%,<'(^B#_CA*#V$M3(=?.:_C M='ATU)G7:)@>'H[AL]2JWW[A"176^^>.&4YJ+?+3%?`Q3".!.S"9I,/143(9 MI_M[A_C7W@']-3XXU,:5PS'A&VI=^_)IT"4FI^"DS6MK,R;;+MD(?\_9+GEM M[?];0].3N.G@W.ZX@\'E\WK.M3\^WYB`]P9[(][1O<'PL/L)Y-N=)PSLF]'U M5@(CVY,1[M-H_!>CC0?UM4LR&G:79!][?_F57%*"5_M'KM>@9#CU_@`%.3-?FI)^_9*$D*2"Z?\4AZ22GRGAEM25DD/>*)Y4^F)X.R)![VM7_HY5HW@ M5R[YIKQB$3%H)94_409R%;8Y`UR`;[(U6[?_\??_\N'B8X,U&R,/87W)F3YU M(D])P*Q8<1!NH!Q&.`[%S9YZX7T=$-`T%2DTZG]#?(<87R5_=QN#ZRNN#/?V MOE-9Q]X4>GD8DRY3@HW0(U6DN&.M$03.S&-=@LIEJ^6LHC+#0!BDZ;G05VS1 MV8\YUEO<4?E,8@V/;$3HU)6*Q&W!14Q9GBBRT-0:#A5%G_$OMTVT M,4*%+S?"YAH0=J^+I52U\G*;6YN@BB0H`UC$((B&%$6'R%/WYD#V1E-DAGMV MD)#R:6(<@\!+J>3IC9F:\MD8]@FL+1FQK64_LJUM1T_1V)Y;/<&V;QV/>+U[ M3.>3)+JY^*HI.>/K/X919=>4]OZ^JG\ES56J.FD2LB@HG5^AZ)_9+LD=?:^G M_>O"KW/P!*QCLC6265J(OTNTUTVJK:')HC.V)H^X2XH+XFGG,^\?4NSP@/I<]I))JM.J,[&7O)UWA$?TA:KG6?)K)TZDFU(T=Y= MZN]6%=I('(KB'`T M%A3.=2$>J+#(39,,09#>\WE^AG#S'?JQ*)/9'N^C_`;?URC9V&79'NVS+#E. M1]#2(]VITW3K:&]/^;@4T")STO2VK.;5#?#FK7W_A`/55-<;68,5@>#?8IQQP9-U(VDHXR$&`=L;I#CU=.GB9C`@0LUB9%M* M$(3KT!:CX7?8ZVCT74(YZ`F-FR5!-6%E6'8R4I=,($"Y2]K<*K?L#E"KY+)? MA)A`ND%Y@+5^;ERB'N.V._H]U7_H\--=KK>X0'9Q=T02<$8?MC2*'7=)*>O; MT5_NSGQDR(4_7U1IK&7;=1BN[E)YN6>0_%`)W74Q'*X%2=Q#EEYAV,MU(PL@ M"H2U]K!=6W8"48*RY.2%:9>*214G_F"IUBZ\>[H?+KQ%"_/U=6\F&*5'+R.9\G9"J43F.CY9=(\-.0EE*`2 M7];?MB"'V1J&13R6?MZ.?)X-AI4.L"0S3Y`?775<-\#':AWC))$QT= M#.?80LG%O:Y'5#NG&FV"HS)#IUI.4_[.V?1]&QX3;ED*Q966^M%/T M(MBC4P\G+-JPJ^[&TETG^9,5^!@Q3R`JO>\TG8H!+4)#=P1OSN=NI!S;>7SFPE%>+*QB4UG!$*I::-0+)O,-;R(J_0J[)`B7A07#I1-K;()-= M)FX0-OI.;(J2L'5>P1:8^'%O[Q>?^1/&W[/6RU3K.#5;HOOS)5^VMBHDXWZK M6>1Z;];.#(,$M`JGT\-;68H5IK,^*6$G"\+&WI(N<%EDN::;L]K7)7=8C(U\ M]E^XBU*]^K/@J%VZ(]1P?+T0(2U.GI=3.CE0_:M5@_(#6PQ;J];D-RIQ8$*_ MT=[^[F@/IWU;7+D@>F]KA*E*$:9.GU7?E`=?`MV@24>^)K^ZWE:O?(""/E MP+G\K\ESU6I%S+V8L^!>B_.VLO=:'N_+E_>!WYQNL&8FA,?%.+ML[C)^N#QH MP,B]S;]J7U?V-]7@PI"^O>9 M$,R%X0IJ/^XK:TL1;?3^1K=(#.37N16`7P@R[?"`^(A`>$;`PK1RK;ANZ!`? M3Y+A>"\9C8[A163U%ZY6+5N<'&>25W)9V!&9X(RJ2- M%IDACFZTGQP/$V1B+WIX)8/T1A/%ZXTG.%0-F1[NT_C'0YX-=KR5',-%R.1T M0E%6)RHUD7!#;P(WKU'7GOHSK:@:Q;K-OD*.(JNTL-B]*)?\GS",23",L6C@ MW:&T!V&`-]X1Y-.*.H0WVUI\"((HP M2PL=LF_$+B6?I,`&:[UCN>"%Z1[ MQQFSY:FFWFD_]*%H?F4>]=%9-HNU:=JBS09IVEQD>J?RN*MJ*U`@+`F/4[JO MZCG)(E5=W!3JX9&TV+:V<[+][NR-%-962SH*G3<";Y=+1-'\&'$P6R$2*L,: M+NB^1H>`I,U<<66/[V^KNSS(/[2"2?'%)#,9A!Z/KX%G>C5Y1GE`?>8ICE$* M$[@&MF=Q7ZH'0B^JY\G))Q1]VJQEU)"EXY[:0T M("W#T:D9?^^KJ+0UH:O<`O,D.)\Z(I-R3KEQ4[1@%7<4L40LV*4W]EPB>-R$ MG]&+!*F80[MDMKM&WF%<4T4]VV5MRU=@Y<0@AD6YDTK@YKK-%0>-TC M2\M),V#WDV\#F->2"K*==RLZ!.79D6!G069J-@'/\\[*_4KF+:>]"7OR*AH5 MV*."G9RIF\.FYIH+PCSIK(K0U:I6I!F9D(**560BP(+U!+209#`/7MW4Q.4M MC9(#)-F@B]*!JYHV?Q`)6T")A'[TU2\Y?WOH46#H-T$1)-BX7LUYQ['6+,MG M3#VXA$T^3X.M](`BLLMQH;8PZWG&B0RG%&,[I23(/U.U3KO\3M\NV"@+/.RO M*Y96Q/8H+H(5I:FWIW8-J-$O.3TCR$^J9'2G4*54]G0!FU&X[>SRW(B!-PWJ M:N$">%B3HN[%`7V%/E/*12PR#C18S5=ZV^$2T-0LFX=E7:V7A;[VDXCVQ?A>GD!F:P8[V&[=2&Y* M2F10)EL'88)RK!I@@Z\IEZ@X"1LNUI#K4:63O6:.4SSO5#F;S/GA<#'*VI64 M:CB_`B\)16L[\Z=,3E\.X`#1M>%*QCJ$;UK1F$\Z#L7FK-5)B%_XZ5O0#3$4+7?X@'KD+\LCMJ$LNG@*LDUVW!7DU42TVRP:H00$` MBE*ML_XA2^9LCK]A@>9NS,9T=2=:$0-X<9'K_!:+^7W*Q1+>B7AE^]>Z,)%- MFDVVT::^\U4O/T?!-0=)7+9A^L"ZA$3=&'3_MH"=`Z.430J!:XI!^0VFY"H? M2:(2;^U)0^]IXX<'U*HG>LWEDMGF([&Z"4YHH\CBG8U%10H:4%(OA($ M8%V/[H`\`7W?H5Z//]](`-;'28(U?]"9#ES-'C-`4(!MXD__^/N_%:":ZF>X M\"AUFV8@H`1/C"#W-S004%5KA@/1E2DP3WQO*%'0VC`N.>W8X$4E@M]64ZZ4 MJ$BZ*UBO?)D[$$"1-[&R2:C5,(F3R*?)/,Q+)OG>,K!'M^VW(3$$)/G>17/I MW"EIS3[2Z61OA)G1,<7QC*JX-PW^/)D.TVJ8'AV-&Z4_&$6Y`R`23 MHK+]R'M&*O.ZT//8_5KNU&[R>11H^RU61MM=9`_HBE/;6+9T2`Q<@+UCC'4= MII.#C@GX^1#"$+@"DC)T20YW!OV9^W$W%%H>69^%`%Z M))/10;+/*6[2_6/>D:/)I&-=$D^S/VM]3_BTK&ML59W6GI,#^[):%--D=$1* M>ZNY-,B631\2>/&KQ1TL.JFSA:W&&N,FDW+ MI<$G&3,:.?/$P+BEM7DZNZXP9=/"&H`H1R!"D'>:7(;($KX3)FW>-#^;PB1? M2C1MJ<]#+^F`$*7-5SXB(*_-[!WB#G7&FN-;I@6)[+>86K!R&`.2\C&%7Z.9 MZWPM+^?1E%3U>%=T$W[V];T+?5.J*2IN5[!U_NPSW*SD5;E89M?7&NI6\,K5 MA12F)!&.VO4OO,/BW-V@O9#KOQZTA19\C[C;.[?)S]FT#O;&=__B$\- MH(WI;;M?#X_IL05'@F&<64[1*");FQJ#0(AM["R]:_/WM+,AZ=VYB$:+I:;> MMX\'/QDN31261DY1>C]L&HI>T#V!P<]+A!)LC;#VG[%W&_3Q[+`:5Z@ MN!-=#\5R:7),Y\'OB93JD>'B<5*@&[_%>A-*ZJ%NC'C+EFN"E=@"`?L2HISI M$6>C<57?9*7-T`2-L-W(F_+HF[HJBRD=6-87R8N+W'NUQ-ORB>/2T?2.!>X2 MDK5VN2HM]@E:?RWF%ES6>6#@3\U4T:P/IYL/]OL?!QXT]?7$Z@\Z"KVWQ6*1 MBWN'M4D]^GR#(6742,\7`IX3$WYP+<%MHZ-X^&I(0F%M_5\&(7BRZ5_8+@E` M>^,C$H".CXXH6_IX_YC_'>WSIF#\W`%*2J.]9#A.CXZ.$9ZV-]G'K0(1[GA\ M3!+M'CQY?'"0(+!I['.D0\.DRK(Q,1);R87W\'Z%T?)CA660QO"D!4^OJ0PM6D%S79=R>VG;(^;VFTA\B- M>3PZL'B!2>]EZ8SL6Y/1H7]E+TGJ[+(.GP]YA"/"^S.2ESFVQ%4I2&\!5-]@TV2+7+K4.S[,?Q)>33 M9W(GNSGP*FR-^`R3Z6,I^4;B+^#:/D8;3T7?H./`GZU8]6B*,0ILNGR(V?.$ M)U>/X"XRFF173N%WK@^SA>W0_==FQ_?G!1OZO,WJTVD0#&!?: M',$BKR^92J@7E[["0V/)TT!>U4VB'1(5+NWYR+GI)64ATK4 M*ZE7)!*6#S6(O"ZK(9='I:W-6U7F4PX6PF*R*#??HV9/ANAKTDTEZ@#+KLF, M!4/BH_G1?@F3"@ MLO)C\G[S[\Z<(HW3PK?$,\S7N*8!T%`Y!GF/8\G+6V1A,3K$^5G*>JSI-%P1]7^VUL,?'9,VPJGH[9V]#ET'+G7OJ2+7 M_/#63ZF5?TXM7[&72-JBJ>`6K2B@@6:T?JV`*^4:$('\)^&1?CVXZ15KVA$6#<#]'+1OM&:SRTWWESA0B?2A9-\)! M'BK634J/#7*="(J+G\UGN]CIH9]$>FM\<+I(KVA MA4_6.0(U3JR@1U$-(R)M,'(]4H37.=O-F!T`ZYY1%!LM;428-UZ[M3]2VRJG MG_@(YG5"O7G]>5_6%.+W-QR[)H[,%=HZ.YEA.*%CF4]=Y$^'+0619R&]TF%? M5M6OD5AL,B"S3HS?!*0WF0A6,G>I?EPZB)DSDH1,+TX=G=H,%*R3W\"ELH#= M#?+3A#PVR%33D\Y/C.-4@\[$$O<&GK?B^"P9MB83-@%K`Y+77L)J7Q>\^UEIO8D;HT>9B<8KQ%[F.M:G(P1#_P4*`W MG/SMO%4P,7AU'34'#Q(ULU0_&K-4OT[R*=NBRQ^Q-C.-B:71UR)_H4^L]9LD M^)4CG;?Q&GQ"$)M[\\#2+:GTI[>PE"F5"*YSLMF%*0_2Y/^YS7\I,NA;XF-W MI=]++T&?5H,T>;T$]8-<>L%S+-8C*;93*:!P7C*P%*GY/G,4W1$#V"]QG31W M>"QD$H&P3/,06$*SW*VN=SGDP\576'F<$*[)_G"`*7OOH37T('BKC/"75AH. MBGOG**@F"6.2K^>K7-W'-<5FITE[%?ZSJ9H>2^%I#U8/P.^E"C%WKT"!!B#9CT"8YJ2S/2\.Q&MV9V5PGM98\\7/KB^+&WYO555/,"F)# MF\,;U^6*Z*TA\-A06@1.V1Z*N=S.AVS_#]L^8GR5ENJ M69/53R/<\=4V9W'UU,0IYVK<^G0BG11@>S:),M46`.Y-Z7:Y!!!#1U(37*]K M6U"UJI8\@T!NSM&!: M[KAH@X1ZNXID7:(:7^T$4X^>N"#(9-UU<=)LLO-AZZT8%F9GF'J3=H06[<&` MAG\+FN@AB:=F9>H`&KU*8#WN)SZ"ZSWZ\@@\KI\ZV''W8Y.XD32@K'/JR@ M`ELD\#F)EDJB3&$;0T3T8F8S@]3U$R\#",M.[/NO+7B?0O_Z6$XC>JY?'U@/ M5X379F5$L9]5&P_,;)D?V3-/#W&>+D/9\&%78VZ6UDNG.BTM#Q!:`.ZPUE-# MO69=#7@N/@U_?G(T.Y<*T_-/$SQO?9G#<$@J`TB4XQ,SKR8GKY+M9_('12(_ M*1&K'K\+T42TH`^T:?#T$FZ>?+3EG%ABB:-"=YR6VC0O M[$2J?"N&'34D%!^1>2BG)FEM87E?I2EP8\GL]#4ZD,6=2U(WK0C;)F&AUZV% MQ`4J;./N+/!%JUE";,N1A-LZ)(=V,`-01*7.D*%_,\J9]"EO3TJG@:>\9@EF M\&2FW]QJ4&>-,@7SA%_@:(=JP9.RWP="54RF8ER?(:*"(M!+#(MC;#^>Y)=` M(.`8"+INX)Y$@7?`0VM7I&LICB?\V#0OR&5K,5IA"P:MC\Y1=.:8N;,[G"P_ M]XB&Q6*5"!WVY\!I#7#X%%]6^OC1F+5=^7$06TKRAL2;HZ+!OM2:]E,8?G#> MB"CC/@\*P$6'_?Q!*LCZ4K4,?W/(BUPC[\V&^=/6+['(E5'+8W9UTA+Y?&*9])<1&2AN#&@X7D M\`D,4/,`T$ZZ'$Q&\1T-"!-1?,?Q\TNO!GXA5C<.-(?#27G124"RV5,&'G5* M.^:W)/#,4+IOC:9K&`I"#D5?LQHN,5?>U\'"&HYCN3.V.KH>#,$@"P,9C9=7 M0NGD,4>^-.Z5VU46&).\(#&+K0B6;\'>6/V3.@??&9=[P MK6&.N>;Z05>(_0E!AL*0\W8HFY/+<-TC#\)W8`#CZ@^=DA3N[KY(24N]NYI+ M`J`EV1H-!A\6J[4^OKM""[+_5HO4RZF$'3D>Q54E,.!*?Q(7NUBM_&QP%2.9 M5&P/J#+9$NYPG=>8;(>Z(?&B7BW'0M)!R`XBS7IY_MX.ALR M_`U=U2Y3OQ6(H_:T+R#M=!\[T&\-NB.[2R7,A`@G,U@D4SH)0WW9^3617$R"!4 M%P4H[UBJ&P,X;3+^(TC]+@9IL0V;D#4;L,PWFW$*-:U4DI5E! M`/J5DG6)$T6L&D68H0=$NIHCK(B_-9PT;VV$,E/YAWQ*O#A5F0IN6Q2FF`%0 M\JA5K66LRIFW928URCYXXS@6.W/9.?@)/Y0VS>O>U00#Q!Q8_C;1J73O$D^2 M]Y@2%<&-DJ_<\4NAX%5M) MBNPV"GGF0CK4,H)R(B4.(N$CEH(HEJLH%F"&`Y#P&CTHC04&*FO\9373P%RJ M9:>U7SP[6T$;LGA:JHO:2K7U)"NB\;`+\-R(%ZK>H:A*(?H&:%U8_P5N.!R!1QB&S MN2*)#._Z,FC=& MY0N-@O^2=QAC\9",CFQ-CYD?J#.!92!EUJ,3U&+HJ@6,J%J7M#;ZR3,@LV7ZQ MXGO7:(=U#BJ-=\&C*$")@/`OL240J3(E<9G,T&WA4SFHCU'?0P((E@4I@=/& MEUU/P5/N^RZX!_GU`RG@4K$WZXX;C;GT<+$,*[]XLXF+A^*UDW&"X%J1]=X- MT6U%[V$1/H3BVF(F=6\P3\@8S1$N`=!SN+-!'BZN74+?-US]41U^/E60!XRC M59S:3,F]PA8"K=2I+_KKN6C%5HJN45<" MFU*1`/'-!18QLD`A!:$BB6C]9.KJ!CZ&[U ML0^,I#1&$(IY=K5IS56LV?K=G$S.)6^GQ)'=`B.AQAN7N]_UQU.E2\_4NP-! MG@<0;5W6HSNE\,J(A_OYKN%D+7>=;4N;T)ES.+JN7]M/+5*0VU&6)8!.FU5& MB=IRM#&5G,L4C2:FU!U)*DWJ`S8T'8>L+?MNX(T"MGA;-!U0U#(6BAN]Q($G M[:B%A6#$J:.B1KD1[$#Q&1E?[8NYDEU.W/2F%HCFEG5UV0514E:\4CZ^Q-L3 M.5P"W?4F(49KOVT>7V=$9<\UFQ<#4V*J!M.Z()&;AN!5UCM&8Y'\*/43-UE& M1'C>8RI&#EX.2BL2QY1:,4'>1[_J)K=;&I4OQ<@(0\D><@UL-.]K5B=CZ*L'G[^+SJJH;&3],[WXTJIW)$HU<`(Q!:\WY+P4J%N0,SS@D9:2 MD$!*HHK8JF]((^3S-8UR3ICE;6XMHIP31KA<7LYV5\9JWV%'6CM'@GS$-Z;, M(DS%(L8$,1S"9E'"9:H(3R])34]:-N%!/IC8.*\5Z*-KS-FKF=O"V2E3.?,P MJ64N<(8ZO\J6>6`WX,4OR%&%:70LAX^EK?>7#V,G3$B_+,8@^5F]SQQM+>8K M=]C#9#D=+W7@&O';B`*.4QI)]<19A@AX'-`UJ/J6KCH=2G8->S#::V?6)S0Q ML!1!A76$4ZK=*[/6!FM_EBK)W'"S9N734!Q@>XNC*>8A;=I%=J^I?\*L1I+9 MP%WIT&%`0+]KM'*&RPY$0U>*;I6;_62+!U/U<,+T:58%$R'C`A7:96Y)1L73 M@6E%R0@;AQ^A^36,E#3PHTC0Y(=`N%@J)LB]W8XTZ`,=^JJJ^SM,0-<87)7W MI?'!<1J3*M+?QBOJ+'U^@+7[<,"IF>W[_C==+9'O&E+HEN@;(KK#^T7LQ7``YRS* M+#12RM7T+LC_GXG`%;DL!KY'U;78UD31ES;<41];M.7;0FO;2>8P?$7?`A4E:,A+B_B*7"OQ M)'CQ.(".FM%JTKL?B%@;3;'N^G4Y+6PF=;[(@DSP/OEF*RF^V%1"L0GG$$\; M_TW3Q?^03[-5DW"-7Z"E.KMG42Y6*CB@\=2_R'KU7U4PJ:YP M5G2U84J%TO\-S,;_)NTIM%0."5Q5F0`XU-2!%281Q(84XYQ(]X2(M8VW&UP& MLDQU7UJGDIXTA"\M'Q:2EX@;(#KA2$\6/'Q\L%EWMUK/R=']FG`_>$G_>452 M#`G7@@;%H9/=`4FM7KF;-V,;LL1?_MXT-(HVI.K1VF;2Y*]K1M#?BM8+"QQZ MW#3K`W<52"V[:H5RV]]XLS[>(A;L)`N:A0!$6<`9ME-W2":R+/B^7YHQ+,U/ MOO/`*A:E23<\RH8$0A@F]8@,DY9FW2A#4B9[IS\SSO]E>1<*_UA;51U@XDV( MD:W8ZN@)_Z,Y%0P2TT.=L@5)%(F0-@>2`1QV4@,4:?O:=U':/B.(X/;FS1Z' MKV:P%S^=,QR';`GE:H,!OZ)`EGB9@90E\*7:GB1?W?JJ#!HZX2L:&?&HUV\N MJMUKH/K[#.GZO)P.DNUG^@5B[C%$4RK`HAXOXO?(8VFL=+TQ`$&2@(6%R6GK M%<>BR"RUNP7U"EOU?'NV9DT$5_NV>B5)EA/W`1T57-21.`8015'3+:TW!?#* M7?A]P=#3;'H;&APT.WEC$CA3T2DZ`:N[E&BB5-\>4X0)Z`TM_>0A``JG^UJD M@E9>RI:9=G5SDS=+8]AJ!7^BS4WP/"B!BO;5*EMOIBV"*SMCVW$@N4[#O,`U MK[S]QDXN#"+D9`<"#\?=.8]WZ[=$YN3]F:NR$,I!J82A[MI9^-3OFO926`NK MWRN1$3ODUFJN77"SB3\FH$SOL5(J@J%>:68*=PSXP`M9.7";UMMPY":(O$Y8 M;VP`9%O*9PPN\<--@]4U0B-OI,0]8;$GQ',G1.]%8S8563JSO!:DP5`"8FT4 MT]LVJOCN_?-9FD80;M*^"R-6,WHP[G&.P"J?Y,`O$%3#4W-I)H!XCZ+5!_@:7YHLJ ML,6=@49FR.C[6"WFZB'3JG)X:6LIP"#BM\-%!#O@-KZJ(RG@D?\(>(L-Q#T) M*YK6VIKCR@0OAKX0P.735(6,B-*"^O1!(0S4S\I5.Y:8)3'W+BIT)^)%%R-J MG_+.JWZMG$*F8*.CHOL\^[548*G'G:Y<`(QS#5-C3$N_;^IE:O.\9GP`!`D MOG4CP9_!_H'&;4$+GD8<>V$>3%Z$]EWN:YBP]=4.RF5ER#C2%GA)&MUR.:8P ML*VQ2=TE>R(LM15^*H*T:>4^,UC/5IJG/MML.W1N?3B6W:A4=C1OG$,!D9\X6(E%_OF'G!'`I-GI M&`>I@,5K.JPG=%@W,JUTWDI^SAW3%[E!I$$7J::525)*)L9LQ-?"+KKU7!&F MA-C)\<%>:BWS2H[O78/OL4&^-\Y-B%65PTT M!(QEWA5(Q80=D*V5'!/$AJP#.)2FFL<7(,#&7Z_F\X=0H@8QK6\\CW;_M;T[ MOQ&Y4CG7*UT?Q#FXJ'=)PH<*1%T,S*U/E\*0;-A%%X6G"37$'QM48/-G%JX: M&%HR)X^IL3&&^7O:2^\"]4GA\6O4,P\[!['7-"LLDE0(X%[6)5SG0+97^?B:2?Q M8_VL66P6W#G#[5>U60*=C:_J%>=YUK"@UE%?P:*1?D2V*2+2>:.P$!MFZV.Y M-=S6!Q3C.*.!M6O2[UB!IYUYQZ229)]"D+-;#*'DX.&T)GF"#C!M7TI'D71Y M`<+7CW"-I\DIZ"?P7EEDKOQM3B$+)`XWT]M\MA*\@<^X*[D,]T9<%@&SAI'' M(7"0BV=8S"TQWS64OY$5,%OGLUP M'V:K8DX5W%D2,$%(JQJ%*39,#NA>)<^Z9A67E8CP;_0/N5)@ MO%=K%A^K$+'-#KWV%JUVWB/<+$UZ37=V=#BA$S3:R3;9#(V4/]XP3,/56>,ICVS)$8]+V3WDGS_%^6`!;-\/=@-'QBV,&G>QA M(@Q)K4]XKFY0:]XJ-^$C+WF6N!FFOFR7.#R[G#D-8C^)Y&G)N^L6#N4>44]K M+D;?+QE9L3$T"B/[JF$9-0:4K\>VB4F*N&>4+\C73U-?;LNZIMR?1^RP"CXB MJ;U.;'A!*28$X7=)Q>2J8=$^5-'\SO?J*B'#C:YT;]+@L"R'T77L1C"L[S9, M4#BEF8B^CA3AR%+B-WKYN`9`X#QAXL"NQ/7B6A!;;HG!X'JU#LB"KXD#`OM0 MGT;NE.I*4N7X#LAX9H(ELF7$)",6YV5+="ZU0]Z.PAKWS*CHR[_)(7<2B1&Q MZ(#J_8URX=6N`(JF>8DQ?%6UNL^$$1FRPR_P//^D;H2 M__C[6C/$G+!6]481^S3>D>Z>8[G"-@)H>X@UW/?3T?'$_,M)N?&_%'!X@SRAI+-N:]%#'\/# M=++'A9[-1ZTZ.!JE!T&[\@PW'=3![JTCO465I.V0^!OMH^?7_X6IKVNV^M^; M^([3O='8_+LQ\<'A'8V9XLQ')8SQ<3K:M^W*,T\CON.#HQ9YX3>NK&;T5YS6 MN<'P.M1#!QH5227>DU8M$&UY^A\4CR?Q`$`70&Y%10S;U>MVZ7G-XFF5\&P?=T-^IP'Y_7#R^N3MZ5ER M_/#V0?/-)C63NZ0'?S-VZALI4)V'>%&A;RP%Y*R?7R4[-AN+\[> M7TJ_.GIBL.O%!2*8I$4P5"21G#Y#!LEV@VO\I>+IQFDKKI>X<)ID M-S>(>%_F@0)$?;@RC>$(N'/F_573DT^NA_ZO'B2!MIRL!P+O26;I_EK")V[H MA"P_<6,V7/^C'^@?9:"O:*"1'U[SN-?P2KIWQ\P$KW[I\TF(^<2UC7M<8 MDBJZOFG/`J>=%6;WX^/7ZK_'RM.E<]B^?;:2PTXQDZPNZ4B\AREP:OX^V1R# M=,LIE>F34X^IF:<G^*P$B$?]IPN,-[IE'/4=R!E?DS';E+D*R,$5U_2= MR4WQ6Y7[=E4NMM_J2D)7;_L6R*9V;'DH(JFRDPO$B`A2$,AK&TN#'R8H7FT? MIJ/1@7X\&$_X(R+C]Y';AR/HVY,GCP')'$9Q?#""/N@/K$B^;SO\RGD=I\.C MH\Z\1L/T\'`,GR^XX.GV"T^HL-X_Y^BQ0ZD>S1PWN:O]*@5A0:I%X#WNP&22 M#D='R62<[N\=XE][!_37^.!0&U=_!A.^H=:U+Y\&72*`9_SZD.>&WM_UM#TY.XZ>#<[KB#\=RPE\ZY]L?G&Q/PWF!OQ#NZ M-Q@>=C\!+]UYPL"^&5UO)3"R/1GA/HW&?S':>%!?NR2C87=)]J'WCAQED`_O MM0`F*8J8-KZ2;#I]-XUY!.BQ]7X@JVX$?TBV51KOWLSH;C_M592VD@/8\)-( M`;TA4+#/LC(>BBZKV#E1[D?[QP[WT/)9@F[(NO%U(1#X,`=:DPSAF.QY;/(0 M],I#/Y9%]D#O;8_W<7=.NF5+@"GM,Z6,T]%>1W9^84GSG0GQ[-F4"W'TD=`C M.5:25P@):%+1.\D^$&^6'D&$J\.#I^U*3;`\)QX"\\+G[=EHDPW"E!!,80F; MN),U;K'O3X;/GC+8"\VDY`IVM"#4:@I>CYCJ6%12HC%]A1\,>\.D=>B8Y-/?6C6I`X"[ M@T"AT=[^+K`]F/9M<:6)JK*`;TA8?*?/->4YOT`"HTE'OG(1UVKJG!R@/#X\ M(I5(HWM=V.@XG8S'6.;\\'"BQP;1$)\Q=R+]?@R\=[B?'D#;KQ_=O"NJ+J>H M\F7VF0:2'ATAUP:1Z/@81;-S^[->Y-1X53J75DBSP%-0XI%_-A+BTD1*.X2C M&:7#"=XFVV@PV_MBB;"O[DF\U^'A<;(_WO^-I,]XGUM>(-WRXJBQUOGBF9S< MQ8#0MA@^L34'!T2%(L>-X`!H)BI;0O-XD@Q!W!F-CN%%9!07 M+O<4V\]Q^;>'Q_`+'"-H#C\-@5^]$DY+L(\9QCH12!Q]`4,`1> M])PTUM1&$U7:QA,#&M:KS6PP8^I3KA;:)"+MI4V3'VDS-`'K( M,1$<*P%3*8,U%\>]JP"4;(O>$1Q\:^FCZM7;<[*@X:MKHT#CK3UI>CUM_.`2 MC:IO(^I&A),Y&8D91)3"R1AO]E-1AA3=P!I2,`RY*&6NVT=#//;HJS@\/B2= MUO4;:(/HZ.NGKHN4_&OA%5G/LZDC+Z=2V:-!FAU[7-T\/!!TOX MWF7W5Y@H6<[W<5TGP+!?%E+5BC.(C-)]8,"C]&B"5:Q'Z<'AF!6\R3AR6$@E M?&U5PCZ-.Z(^?HO9:;N@K:*`%F1F97$<)[%WC(:,(8C(X^1GS=XMYRH9HMP[ M&2=A\7C!VR9'$RKHW>M*1:\\WBA\!B+%/9/)Z`!$0K*5I_O'O*I'DTY)\`O1 M/[Q>^MC%$J1$NGH`?00KG2]N'_IJ*=:/O/?5@DS1K/,0_39W!*?#)Y]$NC<^ MHN4]/CHB!_EX_YC_!0'A[,W928(5C@]P'T"U&XY!73E&E6AOLI^H> MQ,7`#>;CQ8MD>VM'!9]UST[Z'GH?"&"F9%3[0114]CHR"=[XC$S_*=GZBK5V-D:WZ,EN(DL+^UA@ M4EZAH-X<"G^AP9UC\9#_V!FW!+XE?WE#M-1YX`EC[<:R/7W0G"U9T_D'!/TR M[Y:@.]=R*=`3?]K!YJ6$>?*:?GOGD>$;0B"?/.R7&Z<&:;_Y14@MCZ_JV[8N MMJK#`I$UM[_LNZS[$#H>/V/O[9S=92*:KE,%^V!F'C;62Y>/`-$\W*RO!>_C M3P-0'9:64#!?[[M1NNF%[7P!07D`PKD$\QMA,4W^S/6F6),_-U+)NL/^3:%! MZY;3#5G(I&\9U\&9UCS;Q2!MM#^[)P$&#DTH<(EZ;4TV"8_5IML4`D@ZOT8` M,YUR2QT421/'/\4>9+S)TY@:\-3/&/GW%.86QXEK.W\YN6J(77>Y4/89<^N8 M*!*@4EUOCZP/,80MF*1Q^K6;'PY%P.XLO+CR>W!:,H@'&4)'%.AI]0?%XO>1 MYDAF@Y$PP"['X37%"4OWSO``4E%UF_^U&42N]# MW]1HW^'Y,0!'^Z$GX#FV^;NN'/L8EJ/OQ6^*XWAD5#$81]^X(A".#G'W8Q2> MC$S87C4SWU5W.&LHV'(G?KM?)'<)7C!Y/`Z:RA3:I>U_USZ6RE\8>YA/!>/& M.;53,8LX)#0_22FDOA!8\611X`=U\-D.UC$39RGKXT\AWJ'S^EKL0^_H3GWF MK+0E_EQ*;2S0C=8MVM.7YF1U,]`*2QV!(50>/U5+ZX-L.`-(9$3#/43O=#1! MIW9C;"B_ZERO72+M-7K=`EDEE$B;X^>75*NKNX,%)2XRT<;&2/T$H>RC)GJX M[@@>!Y0XI4D.>FX[0&#=,JK6UY M%&OY!7O,X)A>8G[-:E[=/"0?.#F^WMF@CS^J\ZJ6SS8D9"2WQ>)I30#)S_+D M;8:%V)[R7B_TIWLV-J:YGNNXSS;*!;")T(%`RJOK,.,K(I\?41:Q<,$^W^J7"8G@7M^^VWQ&G\C__FT\\%.(V-8!K98S"- M)U]XCP$RTJ3'K,/.(N=77Z/!=+`'O1:8"`2A[]DU,(3>YK]F12-*[K=I?P.E MEWT>(&C4R*"FGB6JO*^:0$?TX#=#\\N'BX]-\DG2K#*#HI2#&P(L(NO19VQ_ M!'2QCLNP7,TIZ?LLY`Q)Z-MMA"IT+W1$+D2^W1_L1[Z-FO4)YM#7*<(?NJ]$ MVT%P1/?;H]C[J`06)EC2W>9UY@:E5OZEE_OX0%':ZJNF:?VC1;9%,X4H\X2OI//Q<[>.V+'3SRAM?M M7KO*#_+*?TH>6;E-(1F.7S_"I2-[U^GRW>EY^I+'5*&$@8_F7V.?D+ M!L$B?@4#6KL&5(_"\+5G436.&K9:J`^V^*YI4B3P>&-?"(KI4U;Q;`20D"?? MC?;M?NX<`75$[)T&U]&K7=,V12BIB^QXNE[[&#:C8_1J03/6"[HBW';$N3X@ M1I>^NX"++S">J\)Q'H(J7CE01?\N.NQ"'S<@S$+?CR=-D<%9F^)]V<^!UDS2 MW:8TP3>06.%--_Q8PU_;R,LZ4*/N$F5K+%/.Q;I3PX#3"^1SIZ MW+@>.# MF**I[_Q13C[K)`,A.YO'CL0'6TG0QT-O-'9%J@#W#QU1(9GUKNHPP`&U?_UQ M52H5[NTI%48MJS%ZO:K@VOG7.SHBC[_5)U&P)"UEBB2V1BXA-5D#U?6TW_ON M&NLNF\JIIM?50Z@;#GI[\N_3K!.9=4NUQ+*EXG[(H2F[0.N.L6W"UG3+:)9S_!1>?F":RALY(.@_M9+)"WD4V0M=K9 M@+>^PU27:-GT+$[B)'ZAMCYQ6^W7]J-&W0\@?3:&UL4$L!`A0#%`````@` M+'UI1SNTW#P^`0``:0,``!$``````````````(`!_@@``&1O8U!R;W!S+V-O M&UL4$L!`A0#%`````@`+'UI1YE&POD0"``",!P``&``````` M````````@`$9&```>&PO=V]R:W-H965T&UL4$L!`A0#%``` M``@`+'UI1W4MS16A!```@!<``!@``````````````(`!DQH``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1[<7[-?Z`0`` M;04``!@``````````````(`!92<``'AL+W=O M4@(%``"*&@``&```````````````@`'B+```>&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1Z@A"*FD`0``L0,``!@````````````` M`(`!&C(``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1S"LY=JD`0``L0,` M`!D``````````````(`!@3D``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1UH1HX:F`0``L0,``!D````````````` M`(`!$#\``'AL+W=O&PO=V]R:W-H965T M4DFN`I`$``*\#```9```` M``````````"``&UL4$L!`A0# M%`````@`+'UI1XG:%,ND`0``L0,``!D``````````````(`!I$0``'AL+W=O M&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1^;1 MJCRD`0``L0,``!D``````````````(`!,TH``'AL+W=O&PO=V]R:W-H965T=-``!X;"]W;W)K&UL4$L!`A0#%`````@`+'UI1P+T&PO M=V]R:W-H965T6.7[[I@$` M`+`#```9``````````````"``1)4``!X;"]W;W)K&UL4$L!`A0#%`````@`+'UI1^J7ZMZE`0``L0,``!D``````````````(`! M[U4``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%``` M``@`+'UI1\:F:Q^E`0``L0,``!D``````````````(`!@%L``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1S307H6H M`0``L`,``!D``````````````(`!%F$``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1\WZ=\PG`@``RP8``!D````` M`````````(`!KF8``'AL+W=O&PO=V]R M:W-H965TH6XQ"+P(``-\& M```9``````````````"``65K``!X;"]W;W)K&UL M4$L!`A0#%`````@`+'UI1Y)P>X*@`P``AQ,``!D``````````````(`!RVT` M`'AL+W=O&PO=V]R:W-H965TA8KQSWP$``$H%```9```````````` M``"``>!S``!X;"]W;W)K&UL4$L!`A0#%`````@` M+'UI1W>3_8@?`@``B@8``!D``````````````(`!]G4``'AL+W=O```>&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1_:<*)U(`@`` M-0@``!D``````````````(`!\GT``'AL+W=O&PO=V]R:W-H965T#``!X;"]W;W)K&UL4$L!`A0#%`````@`+'UI1W;8M]CF`@``+`P``!D````````` M`````(`!OX<``'AL+W=O&PO=V]R:W-H M965T&UL4$L! M`A0#%`````@`+'UI1^5BH/TF`@``BP<``!D``````````````(`!PH\``'AL M+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI M1U;<0J@0`@``7`8``!D``````````````(`!F98``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1]$-P`MC`@``9@@` M`!D``````````````(`!1)X``'AL+W=OH``` M>&PO=V]R:W-H965T&UL4$L!`A0#%`````@`+'UI1^"TE6RE`0``M`,``!D````````````` M`(`!$:8``'AL+W=O&PO=V]R:W-H965T M>(&@``,*3`0`4```` M``````````"``4*J``!X;"]S:&%R9613=')I;F=S+GAM;%!+!08`````1@!& +`!P3``"4$@$````` ` end XML 15 R55.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Disclosure (Details 1) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue Information by Geography [Abstract]        
Revenues $ 9,983 [1] $ 9,178 [1] $ 29,214 [2] $ 29,083 [2]
Americas [Member]        
Revenue Information by Geography [Abstract]        
Revenues 3,038 2,988 9,359 9,325
EMEA [Member]        
Revenue Information by Geography [Abstract]        
Revenues 5,006 3,520 13,889 11,045
Asia Pacific [Member]        
Revenue Information by Geography [Abstract]        
Revenues $ 1,939 $ 2,670 $ 5,966 $ 8,713
[1] Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
[2] Includes related party amounts of $1,680 and $683 for the three months ended September 30, 2015 and 2014, respectively; and related party amounts of $3,465 and $2,546 for the nine months ended September 30, 2015 and 2014, respectively. See Note 7 and Note 14 for additional information on related par
XML 16 R46.htm IDEA: XBRL DOCUMENT v3.3.0.814
Acquisition (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Aug. 15, 2014
Business Acquisition [Line Items]      
Fair value of stock issued in connection with acquisition $ 0 $ 715  
Lumewave [Member]      
Business Acquisition [Line Items]      
Percentage of voting interests acquired     100.00%
Payments to acquire businesses 1,800    
Fair value of stock issued in connection with acquisition 715    
Contingent consideration high range of outcomes     $ 1,300
Initial accounting adjustment of contingent consideration 225    
Identifiable intangible assets $ 1,500    
Useful life 6 years 6 months    
Fair value inputs, discount range, low end of range 21.00%    
Fair value inputs, discount range, high end of range 22.00%    
Contingent consideration $ 870 $ 925  
Developed Technology Rights [Member] | Lumewave [Member]      
Business Acquisition [Line Items]      
Identifiable intangible assets 800    
Customer Relationships [Member] | Lumewave [Member]      
Business Acquisition [Line Items]      
Identifiable intangible assets 500    
Trade Names [Member] | Lumewave [Member]      
Business Acquisition [Line Items]      
Identifiable intangible assets $ 200    
XML 17 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accrued Liabilities (Tables)
 9 Months Ended
Sep. 30, 2015
Payables and Accruals [Abstract]  
Accrued liabilities
Accrued liabilities consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Accrued payroll and related costs
$
2,090

 
$
1,463

Warranty reserve
121

 
143

Restructuring charges
84

 
701

Contingent consideration
870

 
—

Other accrued liabilities
426

 
537

 
$
3,591

 
$
2,844
XML 18 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 19 R57.htm IDEA: XBRL DOCUMENT v3.3.0.814
Income Taxes (Details Textual) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Income Tax Disclosure [Abstract]          
Income tax expense (benefit) $ (10) $ 33 $ 64 $ 114  
Income Taxes (Textual) [Abstract]          
Unrecognized tax benefits 926   926   $ 1,400
Unrecognized tax benefits that would impact effective tax rate 427   427   469
Accrued for interest and penalties $ 76   76   $ 99
Reduction in gross unrecognized tax benefits     $ 23    
XML 20 R25.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Fair value of asset measured on a recurring basis
The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at September 30, 2015 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
5,294

 
$
5,294

 
$
—

 
$
—

U.S. government securities(2)
17,400

 
—

 
17,400

 
—

Total
$
22,694

 
$
5,294

 
$
17,400

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
870

 
$
—

 
$
—

 
$
870

Total
$
870

 
$
—

 
$
—

 
$
870


The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at December 31, 2014 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
9,023

 
$
9,023

 
$
—

 
$
—

U.S. government securities(2)
30,230

 
—

 
30,230

 
—

Total
$
39,253

 
$
9,023

 
$
30,230

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
968

 
$
—

 
$
—

 
$
968

Total
$
968

 
$
—

 
$
—

 
$
968

(1)    Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets
(2) 
Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
Level 3 Rollforward
he table below includes a rollforward of the balance sheet amounts for financial instruments classified by the Company within Level 3 of the valuation hierarchy for the nine months ended September 30, 2015 (in thousands):
 
 
Contingent Consideration
BALANCE AT DECEMBER 31, 2014
 
$
968

Amortization of interest and change in fair value of contingent consideration
 
(98
)
BALANCE AT SEPTEMBER 30, 2015
 
$
870
Fair value of short term investment unrealized holdings and gains
As of September 30, 2015, the amortized cost basis, aggregate fair value, and gross unrealized holding gains and losses of the Company’s short-term investments by major security type were as follows (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
17,392

 
$
17,400

 
$
8

 
$
—


The amortized cost basis, aggregate fair value and gross unrealized holding gains and losses for the Company’s available-for-sale short-term investments, by major security type, were as follows as of December 31, 2014 (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
30,237

 
$
30,230

 
$
—

 
$
7
XML 21 R50.htm IDEA: XBRL DOCUMENT v3.3.0.814
Significant Customers (Details Textual) - customer
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues attributable to sales [Line Items]        
Numbers of customers 2 2 2 2
Total 37.90% 34.30% 37.40% 36.20%
Avnet [Member]        
Revenues attributable to sales [Line Items]        
Total 21.10% 26.90% 25.50% 27.40%
Enel [Member]        
Revenues attributable to sales [Line Items]        
Total 16.80% 7.40% 11.90% 8.80%
XML 22 R42.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments (Details Textual) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Financial Instruments (Textual) [Abstract]      
Maximum remaining maturities period of investments included in cash equivalents   11 months  
Average short-term investments maturity period   3 months  
Loss on write down of property, equipment and other $ 4,409 $ 0 $ 4,409
Building [Member]      
Property, Plant and Equipment [Line Items]      
Fair value of building asset   $ 0  
XML 23 R37.htm IDEA: XBRL DOCUMENT v3.3.0.814
Summary of Significant Accounting Policies Goodwill (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Goodwill [Line Items]        
Goodwill   $ 5,756   $ 5,936
Goodwill impairment charges $ 3,400 0 $ 3,388  
Lumewave [Member]        
Goodwill [Line Items]        
Goodwill   $ 1,257    
XML 24 R52.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accumulated Other Comprehensive Income (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
USD ($)
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period $ (431)
Current period change (797)
Balance at end of period (1,228)
Foreign currency translation adjustment  
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period (424)
Current period change (812)
Balance at end of period (1,236)
Unrealized gain (loss) on available-for-sale securities  
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period (7)
Current period change 15
Balance at end of period $ 8
XML 25 R61.htm IDEA: XBRL DOCUMENT v3.3.0.814
Joint Venture (Details Textual) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Joint Venture (Textual) [Abstract]        
Ownership interest in the joint venture 51.00%   51.00%  
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes $ 0 $ (179) $ 0 $ (535)
Registered capital of the Joint venture $ 4,000   $ 4,000  
XML 26 R47.htm IDEA: XBRL DOCUMENT v3.3.0.814
Discontinued Operations (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]        
Proceeds from divestiture of Grid business   $ 4,900,000 $ 0 $ 4,861,000
Contingent consideration discontinued operations $ 1,000,000   1,000,000  
Revenue targets to earn contingent consideration 50,000,000   50,000,000  
Fair value of contingent consideration receivable 0   0  
Term of sub-lease and supply arrangement deemed insignificant in disposal   39 months    
Restructuring and related charges included in discontinued operations       1,400,000
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Loss on sale of Grid business     0 (254,000)
Net loss from discontinued operations, net of income taxes 0 $ (2,141,000) 0 (9,250,000)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes 0 179,000 0 535,000
Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes 0 (1,962,000) 0 (8,715,000)
Revenue from related parties $ 1,680,000 683,000 $ 3,465,000 2,546,000
Discontinued Operations [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Revenues [1]   5,467,000   18,392,000
Cost of revenues   3,433,000   11,774,000
Operating expenses   3,921,000   15,614,000
Loss from discontinued operations before income taxes   (1,887,000)   (8,996,000)
Income taxes   0   0
Loss on sale of Grid business   (254,000)   (254,000)
Net loss from discontinued operations, net of income taxes   (2,141,000)   (9,250,000)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes   179,000   535,000
Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes   (1,962,000)   (8,715,000)
Revenue from related parties   $ 0   $ 112,000
[1] Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively.
XML 27 R9.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments
 9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Financial Instruments
Financial Instruments:
The Company’s financial instruments consist of cash equivalents, restricted investments, short-term investments, accounts receivable, accounts payable, and lease financing obligations. The carrying value of the Company’s financial instruments approximates fair value. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of investments, which are classified as either cash equivalents, restricted investments, or short-term investments, and accounts receivable. With respect to its investments, the Company has an investment policy that limits the amount of credit exposure to any one financial institution and restricts placement of the Company’s investments to financial institutions independently evaluated as highly creditworthy. With respect to its accounts receivable, the Company performs ongoing credit evaluations of each of its customers’ financial condition. For a customer whose credit worthiness does not meet the Company’s minimum criteria, the Company may require partial or full payment prior to shipment. Alternatively, prior to shipment, customers may be required to provide the Company with an irrevocable letter of credit or arrange for some other form of coverage to mitigate the risk of uncollectibility, such as a bank guarantee. Additionally, the Company establishes an allowance for doubtful accounts and sales return allowances based upon factors surrounding the credit risk of specific customers, historical trends, and other available information.

Items Measured at Fair Value on a Recurring Basis
On a recurring basis, the Company measures certain of its financial assets, namely its cash equivalents and available-for-sale investments, and its liability related to contingent consideration due to Lumewave shareholders, at fair value. The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at September 30, 2015 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
5,294

 
$
5,294

 
$
—

 
$
—

U.S. government securities(2)
17,400

 
—

 
17,400

 
—

Total
$
22,694

 
$
5,294

 
$
17,400

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
870

 
$
—

 
$
—

 
$
870

Total
$
870

 
$
—

 
$
—

 
$
870


The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs at December 31, 2014 (in thousands):
 
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Inputs
 
Significant Unobservable Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Money market funds (1)
$
9,023

 
$
9,023

 
$
—

 
$
—

U.S. government securities(2)
30,230

 
—

 
30,230

 
—

Total
$
39,253

 
$
9,023

 
$
30,230

 
$
—

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Contingent consideration
$
968

 
$
—

 
$
—

 
$
968

Total
$
968

 
$
—

 
$
—

 
$
968

(1)    Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets
(2) 
Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
Cash equivalents consist of either investments with remaining maturities of three months or less at the date of purchase, or money market funds for which the carrying amount is a reasonable estimate of fair value.
The Company’s available-for-sale securities consist of U.S. government securities with a minimum and weighted average credit rating of A-1+. The Company values these securities based on pricing from pricing vendors, who may use quoted prices in active markets for identical assets (Level 1 inputs) or inputs other than quoted prices that are observable either directly or indirectly (Level 2 inputs) in determining fair value. However, the Company classifies all of its fixed income available-for-sale securities as having Level 2 inputs. The valuation techniques used to measure the fair value of the Company’s financial instruments having Level 2 inputs were derived from non-binding market consensus prices that are corroborated by observable market data, quoted market prices for similar instruments, or pricing models, such as discounted cash flow techniques. The Company's procedures include controls to ensure that appropriate fair values are recorded by comparing prices obtained from a third party independent source.

The contingent consideration payable to Lumewave's shareholders, which the Company recognized upon its purchase of Lumewave in August 2014 and is included in other long-term liabilities in the Company's condensed consolidated balance sheets as of December 31, 2014 and in other current liabilities as of September 30, 2015, is classified within Level 3 because significant assumptions for this obligation are not observable in the market. The table below includes a rollforward of the balance sheet amounts for financial instruments classified by the Company within Level 3 of the valuation hierarchy for the nine months ended September 30, 2015 (in thousands):
 
 
Contingent Consideration
BALANCE AT DECEMBER 31, 2014
 
$
968

Amortization of interest and change in fair value of contingent consideration
 
(98
)
BALANCE AT SEPTEMBER 30, 2015
 
$
870

As of September 30, 2015, the Company’s available-for-sale securities had contractual maturities of eleven months and an average remaining term to maturity of three months. As of September 30, 2015, the amortized cost basis, aggregate fair value, and gross unrealized holding gains and losses of the Company’s short-term investments by major security type were as follows (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
17,392

 
$
17,400

 
$
8

 
$
—


The amortized cost basis, aggregate fair value and gross unrealized holding gains and losses for the Company’s available-for-sale short-term investments, by major security type, were as follows as of December 31, 2014 (in thousands):
 
Amortized Cost
 
Aggregate Fair Value
 
Unrealized Holding Gains
 
Unrealized Holding Losses
U.S. government securities
$
30,237

 
$
30,230

 
$
—

 
$
7


Market values were determined for each individual security in the investment portfolio. The Company reviews its investments on a regular basis to evaluate whether or not any have experienced an other-than-temporary decline in fair value.

Items Measured at Fair Value on a Recurring Basis

In addition to assets and liabilities that are measured at fair value on a recurring basis, the company is also required to measure certain items at fair value on a nonrecurring basis.

In the third quarter of 2014, as part of the Company's review of property, equipment and other assets (long-lived assets), as discussed above, an impairment charge of $4.4 million was recorded against the building asset to write down this asset to its fair value of zero. The impairment was attributable to a combination of factors, including changes in the extent and manner of use of the reporting unit's long-lived assets; market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. Fair value was determined based on discounted cash flow analyses, which are unobservable Level 3 inputs. The cash flows used in the income approach were based on cash flows from various sub-lease scenarios, including varying lease rates, tenant improvements and commission costs, operating expenses and terms of occupation. We calculated the fair value for the building asset by using a probability weighted average of the estimated fair value from the various scenarios.
XML 28 R43.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net loss (Numerator):        
Net loss from continuing operations attributable to Echelon Corporation Stockholders $ (1,047) $ (7,226) $ (7,634) $ (13,058)
Net loss from discontinued operations attributable to Echelon Corporation Stockholders 0 (1,962) 0 (8,715)
Net loss attributable to Echelon Corporation Stockholders $ (1,047) $ (9,188) $ (7,634) $ (21,773)
Shares (Denominator):        
Weighted average common shares outstanding (shares) 44,128 43,507 44,068 43,367
Shares used in basic computation (shares) 44,128 43,507 44,068 43,367
Common shares issuable upon exercise of stock options (treasury stock method) 0 0 0 0
Shares used in diluted computation (shares) 44,128 43,507 44,068 43,367
Net loss per share:        
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders (usd per shares) $ (0.02) $ (0.17) $ (0.17) $ (0.30)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders (usd per shares) 0.00 (0.05) 0.00 (0.20)
Basic and diluted net loss attributable to Echelon Corporation Stockholders (usd per shares) $ (0.02) $ (0.21) $ (0.17) $ (0.50)
XML 29 R29.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity And Employee Stock Option Plans (Tables)
 9 Months Ended
Sep. 30, 2015
Stockholders' Equity and Employee Stock Option Plans [Abstract]  
Stock-based Compensation Expense
Stock-based Compensation Expense

The following table summarizes stock-based compensation expense for the three and nine months ended September 30, 2015 and 2014, respectively, and its allocation within the condensed consolidated statements of operations (in thousands):

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Cost of revenues
$
(34
)
 
$
76

 
$
(102
)
 
$
235

Product development
94

 
130

 
229

 
(37
)
Sales and marketing
(19
)
 
79

 
(109
)
 
174

General and administrative
115

 
225

 
91

 
962

Discontinued operations
—

 
(824
)
 
—

 
(342
)
Total
$
156

 
$
(314
)
 
$
109

 
$
992
XML 30 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The Company has classified the results of operations of the Grid business as discontinued operations for all periods presented. There was no activity related to the Grid business during the three and nine months ended September 30, 2015. The table below provides a summary of the components of the net loss from discontinued operations for the three and nine months ended September 30, 2014, and excludes certain shared overhead costs that were previously allocated to the Grid segment as ASC 205-20 prohibits the allocation of general overhead costs to discontinued operations.

Three Months Ended

Nine Months Ended

September 30, 2014

September 30, 2014




Revenues (1)
$
5,467


$
18,392

Cost of revenues
3,433


11,774

Operating expenses
3,921


15,614

Loss from discontinued operations before income taxes
(1,887
)

(8,996
)
Income taxes
—


—

Loss on sale of Grid business
(254
)
 
(254
)
Net loss from discontinued operations, net of income taxes
(2,141
)

(9,250
)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes
179


535

Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes
$
(1,962
)

$
(8,715
)


(1) Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively.
XML 31 R56.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Disclosure (Details Textual)
$ in Millions
 9 Months Ended
Sep. 30, 2015
USD ($)
segment
geographic_area
Dec. 31, 2014
USD ($)
Segment Reporting [Abstract]    
Number of reportable segments 1  
Number of geographic areas | geographic_area 3  
Long-lived assets US | $ $ 6.3 $ 15.6
XML 32 R44.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Details Textual) - shares
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Earnings Per Share [Abstract]        
Number of potentially dilutive stock options 0 0 0 0
Number of stock option, stock appreciation rights, and restricted stock units 3,698,259 4,362,649 3,698,259 4,362,649
XML 33 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
Significant Customers (Tables)
 9 Months Ended
Sep. 30, 2015
Risks and Uncertainties [Abstract]  
Revenues attributable to sales to major customers
For the three and nine months ended September 30, 2015 and 2014, the percentage of the Company’s revenues attributable to sales made to these customers was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
Avnet
 
21.1
%
 
26.9
%
 
25.5
%
 
27.4
%
Enel
 
16.8
%
 
7.4
%
 
11.9
%
 
8.8
%
Total
 
37.9
%
 
34.3
%
 
37.4
%
 
36.2
%
XML 34 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
 
Foreign currency translation adjustment
(Amount in thousands)
 
Unrealized gain (loss) on available-for-sale securities
(Amount in thousands)
 
Accumulated Other Comprehensive Income (Loss)
(Amount in thousands)
Beginning balance at December 31, 2014
$
(424
)
 
$
(7
)
 
$
(431
)
Current period other comprehensive income (loss)
(812
)
 
15

 
(797
)
Balance at September 30, 2015
(1,236
)
 
8

 
(1,228
)
XML 35 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
Summary of Significant Accounting Policies
 9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies:
Basis of Presentation
The condensed consolidated financial statements include the accounts of Echelon Corporation, a Delaware corporation, its wholly-owned subsidiaries, and a subsidiary in which it has a controlling interest (collectively referred to as the “Company”). The Company reports non-controlling interests in consolidated entities as a component of equity separate from the Company’s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries and other consolidated entities have been eliminated in consolidation.

In the third quarter of 2014, the Company announced and completed the sale of its Grid business to S&T AG ("S&T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. The results of the Grid business are now classified as discontinued operations. As a result of this transaction, the Company now operates in one reporting segment- the Industrial Internet of Things ("IIoT") segment.
While the financial information furnished is unaudited, the condensed consolidated financial statements included in this report reflect all adjustments (consisting only of normal recurring adjustments) which the Company considers necessary for the fair presentation of the results of operations for the interim periods covered, and of the financial condition of the Company at the date of the interim balance sheet. The results for interim periods are not necessarily indicative of the results for the entire year. The condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2014 included in its Annual Report on Form 10‑K.
There have been no material changes to the Company’s significant accounting policies as compared to the significant accounting policies described in our Annual Report on Form 10‑K for the fiscal year ended December 31, 2014.
Risks and Uncertainties
The Company’s operations and performance depend significantly on worldwide economic conditions and their impact on purchases of the Company’s products, as well as the ability of suppliers to provide the Company with products and services in a timely manner. The impact of any of the matters described below could have an adverse effect on the Company’s business, results of operations and financial condition.
•
The Company’s sales are currently concentrated with a relatively small group of customers, as approximately 37.9% and 37.4% of net revenues for the three and nine months ended September 30, 2015, respectively, were derived from two customers. Customers in any of the Company’s target market sectors may experience unexpected reductions in demand for their products and consequently reduce their purchases from us, resulting in either the loss of a significant customer or a notable decrease in the level of sales to a significant customer.  In addition, if any of these customers are unable to obtain the necessary capital to operate their business, they may be unable to satisfy their payment obligations to the Company.
•
The Company utilizes third-party contract electronic manufacturers to manufacture, assemble, and test its products.  If any of these third-parties were unable to obtain the necessary capital to operate their business, they may be unable to provide the Company with timely services or to make timely deliveries of products. 
•
From time to time, the Company has experienced shortages or interruptions in supply for certain products or components used in the manufacture of the Company’s products that have been or will be discontinued. In order to ensure an adequate supply of these items, the Company has occasionally purchased quantities of these items that are in excess of the Company’s then current estimate of short-term requirements. If the long-term requirements do not materialize as originally expected, or if the Company develops alternative solutions that no longer employ these items and the Company is not able to dispose of these excess products or components, the Company could be subject to increased levels of excess and obsolete inventories.
•
Recently, in our effort to manage our costs and inventory risks, we decreased our inventory levels of certain products. If there is an unexpected increase in demand for these items, we might not be able to supply our customers with products in a timely manner.
Use of Estimates
The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions, and estimates that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Significant estimates and judgments are used for revenue recognition, performance-based equity compensation, inventory valuation, intangible asset valuation, contingent consideration valuation, allowance for warranty costs, and other loss contingencies. In order to determine the carrying values of assets and liabilities that are not readily apparent from other sources, the Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances. Actual results experienced by the Company may differ materially from management’s estimates.
Recently Issued Accounting Standards
On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective.  In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

In July 2015, the FASB issued an update to ASC 330, Inventory: Simplifying the Measurement of Inventory. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by the Company in the first quarter of fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact of this update on its consolidated financial statements.
Revenue Recognition
The Company’s revenues are derived from the sale and license of its products and to a lesser extent, from fees associated with training, technical support, and custom software design services offered to its customers. Product revenues consist of revenues from hardware sales and software licensing arrangements. Service revenues consist of product technical support (including in limited circumstances software post-contract support services) and training.
The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery to the customer’s carrier (and acceptance, as applicable) has occurred, the sales price is fixed or determinable, collectability is probable, and there are no post-delivery obligations. For non-distributor hardware sales, including sales to third party manufacturers, these criteria are generally met at the time of delivery to the customer’s carrier. However, for arrangements that contain contractual acceptance provisions, revenue recognition may be delayed until acceptance by the customer or the acceptance provisions lapse unless the Company can objectively demonstrate that the contractual acceptance criteria have been satisfied, which is generally accomplished by establishing a history of acceptance for the same or similar products.  For sales made to the Company’s distributor partners, revenue recognition criteria are generally met at the time the distributor sells the products through to its end-use customer. Service revenue is recognized as the training services are performed, or ratably over the term of the support period.
The Company accounts for the rights of return, price protection, rebates, and other sales incentives offered to distributors of its products as a reduction in revenue. With the exception of sales to distributors, the Company’s customers are generally not entitled to return products for a refund. For sales to distributors, due to contractual rights of return and other factors that impact its ability to make a reasonable estimate of future returns and other sales incentives, revenues are not recognized until the distributor has shipped its products to the end customer.
The Company's multiple deliverable revenue arrangements have historically been primarily related to sales of Grid products. As noted above, we completed the sale of our Grid division to S&T in September 2014. Revenues from the Grid division are included in discontinued operations (see Note 5). For further information regarding our accounting for multiple deliverable revenue arrangements, please see Note 1 - Significant Accounting Policies, in the Notes to Consolidated Financial Statements in our 2014 Annual Report on Form 10-K.
Deferred Revenue and Deferred Cost of Goods Sold
Deferred revenue consists substantially of amounts billed or payments received in advance of revenue recognition. Deferred cost of goods sold related to deferred product revenues includes direct product costs and applied overhead. Deferred cost of goods sold related to deferred service revenues includes direct labor costs and applied overhead. Once all revenue recognition criteria have been met, the deferred revenues and associated cost of goods sold are recognized.
Restricted Investments
As of September 30, 2015, restricted investments consist of balances maintained by the Company with an investment advisor in money market funds and permitted treasury bills. These balances represent collateral for a $1.0 million operating line of credit issued to the Company by its primary bank for credit card purchases, as well as one standby letter of credit for $113,000. Because the Company’s agreement with the lender prevents the Company from withdrawing these funds, they are considered restricted. No amounts have ever been drawn against the standby letters of credit issued by the bank.

Fair Value Measurements
The Company measures at fair value its cash equivalents and available-for-sale investments using a valuation hierarchy based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's own assumptions. These two types of inputs have created the following fair value hierarchy:

•
Level 1 - Quoted prices for identical instruments in active markets;
•
Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and
•
Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when estimating fair value. Other than cash and money market funds, the Company's only financial assets and liabilities required to be measured at fair value on a recurring basis at September 30, 2015, are its fixed income available-for-sale securities and its liability related to contingent consideration due to Lumewave, Inc. ("Lumewave") shareholders. See Note 2 of these Notes to Condensed Consolidated Financial Statements for a summary of the input levels used in determining the fair value of these assets and liabilities as of September 30, 2015.
Goodwill
Goodwill is tested for impairment using a two-step approach. The Company evaluates goodwill, at a minimum, on an annual basis during the first quarter and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. There was no impairment of goodwill as a result of the annual impairment review performed during the quarter ended March 31, 2015.
Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units were estimated using a combination of the income approach and the market approach. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any.
The Company's goodwill impairment analysis is sensitive to changes in key assumptions used in its analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and its stock price. The continued decline in the Company's stock price and market capitalization could lead to an impairment charge to its long-lived assets, including goodwill.

As of September 30, 2015, management evaluated the current stock price, coupled with other inputs, and concluded that no impairment of either goodwill or long-lived assets was warranted as of September 30, 2015 as the Company's fair value exceeded its carrying value.

For the quarter ended June 30, 2014, the Company concluded there were indicators of potential goodwill impairment for the Company’s Grid business, including continued weakness and increased uncertainty in the Grid market; changes in the extent and manner of use of the unit's long-lived assets; and changes in our long-term strategy for the Grid business. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of June 30, 2014. Based on the Company's analysis using the two-step approach defined above, the Company recorded a non-cash, goodwill impairment charge of $3.4 million in the second quarter of 2014.  This impairment was reported as part of the discontinued operations results for the year ended December 31, 2014. As a result, the Company has no goodwill remaining related to the Grid business that was disposed of during the quarter ended September 30, 2014, with the entire remaining goodwill balance being attributable to the IIoT reporting unit. This includes goodwill of $1.3 million that was added during the year ended December 31, 2014 in conjunction with the acquisition of Lumewave, Inc. (see Note 4 for additional details).

Long-Lived Assets
    
We evaluate the recoverability of property, plant and equipment in accordance with ASC No. 360, Accounting for the Property, Plant, and Equipment ("ASC No. 360"). We perform periodic reviews to determine whether facts and circumstances exist that would indicate that the carrying amounts of property, plant and equipment might not be fully recoverable. If facts and circumstances indicate that the carrying amount of property, plant and equipment might not be fully recoverable, we compare projected undiscounted net cash flows associated with the related asset or group of assets over their estimated remaining useful lives against their respective carrying amounts. In the event that the projected undiscounted cash flows are not sufficient to recover the carrying value of the assets, the assets are written down to their estimated fair values based on the expected discounted future cash flows attributable to the assets. Evaluation of impairment of property, plant and equipment requires estimates in the forecast of future operating results that are used in the preparation of the expected future undiscounted cash flows. Actual future operating results and the remaining economic lives of our property, plant and equipment could differ from our estimates used in assessing the recoverability of these assets. These differences could result in impairment charges, which could have a material adverse impact on our results of operations.

During the quarter ended June 30, 2015, the Company terminated the lease agreements for its corporate headquarter facility in San Jose, California. These leases were scheduled to expire in March 2020 and had been historically accounted for under authoritative guidance pertaining to leases in which the Company is both involved in the construction of the lease assets and for which certain sale-leaseback criteria are not met. This resulted in the Company being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.

In conjunction with the termination of these leases and associated financing obligations, in May 2015 the Company paid an up-front lease termination charge of $10.0 million, which allowed the Company to remove approximately $15.3 million of building related financing obligations from its balance sheet. At the same time, the Company entered into a short-term lease for one of the two buildings for the remainder of 2015. As a result of the lease termination, the Company wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a charge of $3.3 million during the quarter ended June 30, 2015.

As a result of the sale of the Grid business on September 30, 2014, the Company made the decision to cease use of one building within its corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, the Company recorded a write down of the building of $4.4 million during the three months ended September 30, 2014.
XML 36 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Inventories (Tables)
 9 Months Ended
Sep. 30, 2015
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current
Inventories consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Purchased materials
$
154

 
$
402

Finished goods
2,519

 
2,841

 
$
2,673

 
$
3,243
XML 37 R40.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments Contingent Consideration (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Amortization of interest and change in fair value of contingent consideration $ (98) $ 0
Fair Value, Inputs, Level 3 [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
BALANCE AT DECEMBER 31, 2014 968  
Amortization of interest and change in fair value of contingent consideration (98)  
BALANCE AT SEPTEMBER 30, 2015 $ 870  
XML 38 R53.htm IDEA: XBRL DOCUMENT v3.3.0.814
Inventories Inventories (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Inventories [Abstract]    
Purchased materials $ 154 $ 402
Finished goods 2,519 2,841
Inventory, Net $ 2,673 $ 3,243
XML 39 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 9,205 $ 13,340
Restricted investments 1,401 1,401
Short-term investments 15,999 28,829
Accounts receivable, net [1] 3,995 3,948
Inventories 2,673 3,243
Deferred cost of goods sold 1,221 935
Other current assets 1,887 1,084
Current assets of discontinued operations held for sale 0 597
Total current assets 36,381 53,377
Property and equipment, net 696 10,190
Intangible assets, net 1,241 1,413
Goodwill 5,756 5,936
Other long‑term assets 1,048 694
Long-term assets of discontinued operations held for sale 0 36
Total assets 45,122 71,646
CURRENT LIABILITIES:    
Accounts payable 2,070 3,614
Accrued liabilities 3,591 2,844
Current portion of lease financing obligations 131 2,459
Deferred revenues 4,098 3,126
Current liabilities of discontinued operations held for sale 0 1,024
Total current liabilities 9,890 13,067
LONG-TERM LIABILITIES:    
Lease financing obligations, excluding current portion 0 13,662
Other long-term liabilities 530 1,740
Total long-term liabilities 530 15,402
STOCKHOLDERS’ EQUITY:    
Common stock 474 472
Additional paid-in capital 356,135 356,181
Treasury stock (28,130) (28,130)
Accumulated other comprehensive income (1,228) (431)
Accumulated deficit (292,803) (285,169)
Total Echelon Corporation stockholders’ equity 34,448 42,923
Noncontrolling interest in discontinued operations of subsidiary 254 254
Total stockholders’ equity 34,702 43,177
Total liabilities and stockholders’ equity $ 45,122 $ 71,646
[1] Includes related party receivable of $1,404 and $158 as of September 30, 2015 and December 31, 2014, respectively
XML 40 R45.htm IDEA: XBRL DOCUMENT v3.3.0.814
Acquisition Purchase Price Allocation (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Business Acquisition [Line Items]    
Goodwill $ 5,756 $ 5,936
Lumewave [Member]    
Business Acquisition [Line Items]    
Cash and cash equivalents 630  
Accounts receivable 107  
Inventory 31  
Other current assets 259  
Property and equipment 23  
Identifiable intangible assets 1,500  
Goodwill 1,257  
Accounts payable (352)  
Accrued liabilities (255)  
Business Combination, Consideration Transferred $ 3,200  
XML 41 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Compehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Comprehensive Loss [Abstract]        
Net loss from continuing operations attributable to Echelon Corporation Stockholders $ (1,047) $ (7,226) $ (7,634) $ (13,058)
Net loss from discontinued operations, net of income taxes 0 (2,141) 0 (9,250)
Net loss (1,047) (9,367) (7,634) (22,308)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (177) (902) (812) (932)
Unrealized holding gain (loss) on available-for-sale securities 1 (1) 15 (4)
Total other comprehensive loss (176) (903) (797) (936)
Comprehensive loss (1,223) (10,270) (8,431) (23,244)
Less: comprehensive loss from discontinued operations attributable to non-controlling interests 0 179 0 535
Comprehensive loss attributable to Echelon Corporation Stockholders $ (1,223) $ (10,091) $ (8,431) $ (22,709)
XML 42 R59.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restructuring Plan (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Restructuring Reserve [Roll Forward]        
Costs Incurred $ 0 $ 227 $ 0 $ 227
September 2014 Restructuring Plan [Member]        
Restructuring Reserve [Roll Forward]        
Restructuring Reserve     701  
Cash Payments     617  
Restructuring Reserve $ 84   $ 84  
XML 43 R35.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restructuring (Tables)
 9 Months Ended
Sep. 30, 2015
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following table sets forth a summary of restructuring activities related to the Company’s September 2014 restructuring program (in thousands):
    
December 31, 2014
 
Costs Incurred
 
Cash Payments
 
September 30, 2015
Termination benefits
$
701

 
$
—

 
$
617

 
$
84
XML 44 R22.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restructuring
 9 Months Ended
Sep. 30, 2015
Restructuring and Related Activities [Abstract]  
Restructuring
Restructuring:
On September 30, 2014, and again in the fourth quarter of 2014, in connection with the sale of the Grid business, the Company undertook restructuring actions affecting approximately 44 employees to be terminated between September 2014 and December 31, 2014, as part of the strategic plan to focus on the Company's IIoT business. The following table sets forth a summary of restructuring activities related to the Company’s September 2014 restructuring program (in thousands):
    
December 31, 2014
 
Costs Incurred
 
Cash Payments
 
September 30, 2015
Termination benefits
$
701

 
$
—

 
$
617

 
$
84
XML 45 R36.htm IDEA: XBRL DOCUMENT v3.3.0.814
Summary of Significant Accounting Policies (Details)
 3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
customer
Sep. 30, 2014
customer
Sep. 30, 2015
USD ($)
customer
Sep. 30, 2014
customer
Accounting Policies [Abstract]        
Percentage of net revenue 37.90% 34.30% 37.40% 36.20%
Number of Major Customers 2 2 2 2
Line of Credit Maintained | $ $ 1,000,000.0   $ 1,000,000.0  
XML 46 R24.htm IDEA: XBRL DOCUMENT v3.3.0.814
Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation
The condensed consolidated financial statements include the accounts of Echelon Corporation, a Delaware corporation, its wholly-owned subsidiaries, and a subsidiary in which it has a controlling interest (collectively referred to as the “Company”). The Company reports non-controlling interests in consolidated entities as a component of equity separate from the Company’s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries and other consolidated entities have been eliminated in consolidation.

In the third quarter of 2014, the Company announced and completed the sale of its Grid business to S&T AG ("S&T"), a publicly traded European IT systems provider with an existing focus on smart energy products and services. The results of the Grid business are now classified as discontinued operations. As a result of this transaction, the Company now operates in one reporting segment- the Industrial Internet of Things ("IIoT") segment.
While the financial information furnished is unaudited, the condensed consolidated financial statements included in this report reflect all adjustments (consisting only of normal recurring adjustments) which the Company considers necessary for the fair presentation of the results of operations for the interim periods covered, and of the financial condition of the Company at the date of the interim balance sheet. The results for interim periods are not necessarily indicative of the results for the entire year. The condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2014 included in its Annual Report on Form 10‑K.
There have been no material changes to the Company’s significant accounting policies as compared to the significant accounting policies described in our Annual Report on Form 10‑K for the fiscal year ended December 31, 2014.
Risks and Uncertainties
Risks and Uncertainties
The Company’s operations and performance depend significantly on worldwide economic conditions and their impact on purchases of the Company’s products, as well as the ability of suppliers to provide the Company with products and services in a timely manner. The impact of any of the matters described below could have an adverse effect on the Company’s business, results of operations and financial condition.
•
The Company’s sales are currently concentrated with a relatively small group of customers, as approximately 37.9% and 37.4% of net revenues for the three and nine months ended September 30, 2015, respectively, were derived from two customers. Customers in any of the Company’s target market sectors may experience unexpected reductions in demand for their products and consequently reduce their purchases from us, resulting in either the loss of a significant customer or a notable decrease in the level of sales to a significant customer.  In addition, if any of these customers are unable to obtain the necessary capital to operate their business, they may be unable to satisfy their payment obligations to the Company.
•
The Company utilizes third-party contract electronic manufacturers to manufacture, assemble, and test its products.  If any of these third-parties were unable to obtain the necessary capital to operate their business, they may be unable to provide the Company with timely services or to make timely deliveries of products. 
•
From time to time, the Company has experienced shortages or interruptions in supply for certain products or components used in the manufacture of the Company’s products that have been or will be discontinued. In order to ensure an adequate supply of these items, the Company has occasionally purchased quantities of these items that are in excess of the Company’s then current estimate of short-term requirements. If the long-term requirements do not materialize as originally expected, or if the Company develops alternative solutions that no longer employ these items and the Company is not able to dispose of these excess products or components, the Company could be subject to increased levels of excess and obsolete inventories.
•
Recently, in our effort to manage our costs and inventory risks, we decreased our inventory levels of certain products. If there is an unexpected increase in demand for these items, we might not be able to supply our customers with products in a timely manner.
Use of Estimates
Use of Estimates
The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions, and estimates that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Significant estimates and judgments are used for revenue recognition, performance-based equity compensation, inventory valuation, intangible asset valuation, contingent consideration valuation, allowance for warranty costs, and other loss contingencies. In order to determine the carrying values of assets and liabilities that are not readily apparent from other sources, the Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances. Actual results experienced by the Company may differ materially from management’s estimates.
Recently Issued Accounting Standards
Recently Issued Accounting Standards
On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective.  In July 2015, the FASB deferred the effective date of ASU 2014-09 so that it will apply to annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). Early application is permitted to the original effective date of December 15, 2016, in which case ASU 2014-09 would apply to annual reporting periods beginning December 15, 2016 (including interim reporting periods within those periods). The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

In July 2015, the FASB issued an update to ASC 330, Inventory: Simplifying the Measurement of Inventory. Under this update, subsequent measurement of inventory is based on the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and disposal. This update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. This update should be applied prospectively and will be adopted by the Company in the first quarter of fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact of this update on its consolidated financial statements.
Revenue Recognition
Revenue Recognition
The Company’s revenues are derived from the sale and license of its products and to a lesser extent, from fees associated with training, technical support, and custom software design services offered to its customers. Product revenues consist of revenues from hardware sales and software licensing arrangements. Service revenues consist of product technical support (including in limited circumstances software post-contract support services) and training.
The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery to the customer’s carrier (and acceptance, as applicable) has occurred, the sales price is fixed or determinable, collectability is probable, and there are no post-delivery obligations. For non-distributor hardware sales, including sales to third party manufacturers, these criteria are generally met at the time of delivery to the customer’s carrier. However, for arrangements that contain contractual acceptance provisions, revenue recognition may be delayed until acceptance by the customer or the acceptance provisions lapse unless the Company can objectively demonstrate that the contractual acceptance criteria have been satisfied, which is generally accomplished by establishing a history of acceptance for the same or similar products.  For sales made to the Company’s distributor partners, revenue recognition criteria are generally met at the time the distributor sells the products through to its end-use customer. Service revenue is recognized as the training services are performed, or ratably over the term of the support period.
The Company accounts for the rights of return, price protection, rebates, and other sales incentives offered to distributors of its products as a reduction in revenue. With the exception of sales to distributors, the Company’s customers are generally not entitled to return products for a refund. For sales to distributors, due to contractual rights of return and other factors that impact its ability to make a reasonable estimate of future returns and other sales incentives, revenues are not recognized until the distributor has shipped its products to the end customer.
The Company's multiple deliverable revenue arrangements have historically been primarily related to sales of Grid products. As noted above, we completed the sale of our Grid division to S&T in September 2014. Revenues from the Grid division are included in discontinued operations (see Note 5). For further information regarding our accounting for multiple deliverable revenue arrangements, please see Note 1 - Significant Accounting Policies, in the Notes to Consolidated Financial Statements in our 2014 Annual Report on Form 10-K.
Deferred Revenue and Deferred Cost of Goods Sold
Deferred Revenue and Deferred Cost of Goods Sold
Deferred revenue consists substantially of amounts billed or payments received in advance of revenue recognition. Deferred cost of goods sold related to deferred product revenues includes direct product costs and applied overhead. Deferred cost of goods sold related to deferred service revenues includes direct labor costs and applied overhead. Once all revenue recognition criteria have been met, the deferred revenues and associated cost of goods sold are recognized.
Restricted Investments
Restricted Investments
As of September 30, 2015, restricted investments consist of balances maintained by the Company with an investment advisor in money market funds and permitted treasury bills. These balances represent collateral for a $1.0 million operating line of credit issued to the Company by its primary bank for credit card purchases, as well as one standby letter of credit for $113,000. Because the Company’s agreement with the lender prevents the Company from withdrawing these funds, they are considered restricted. No amounts have ever been drawn against the standby letters of credit issued by the bank.

Fair Value Measurements
Fair Value Measurements
The Company measures at fair value its cash equivalents and available-for-sale investments using a valuation hierarchy based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's own assumptions. These two types of inputs have created the following fair value hierarchy:

•
Level 1 - Quoted prices for identical instruments in active markets;
•
Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and
•
Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when estimating fair value. Other than cash and money market funds, the Company's only financial assets and liabilities required to be measured at fair value on a recurring basis at September 30, 2015, are its fixed income available-for-sale securities and its liability related to contingent consideration due to Lumewave, Inc. ("Lumewave") shareholders. See Note 2 of these Notes to Condensed Consolidated Financial Statements for a summary of the input levels used in determining the fair value of these assets and liabilities as of September 30, 2015.
Goodwill
Goodwill
Goodwill is tested for impairment using a two-step approach. The Company evaluates goodwill, at a minimum, on an annual basis during the first quarter and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. There was no impairment of goodwill as a result of the annual impairment review performed during the quarter ended March 31, 2015.
Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units were estimated using a combination of the income approach and the market approach. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any.
The Company's goodwill impairment analysis is sensitive to changes in key assumptions used in its analysis, such as expected future cash flows, the degree of volatility in equity and debt markets, and its stock price. The continued decline in the Company's stock price and market capitalization could lead to an impairment charge to its long-lived assets, including goodwill.

As of September 30, 2015, management evaluated the current stock price, coupled with other inputs, and concluded that no impairment of either goodwill or long-lived assets was warranted as of September 30, 2015 as the Company's fair value exceeded its carrying value.

For the quarter ended June 30, 2014, the Company concluded there were indicators of potential goodwill impairment for the Company’s Grid business, including continued weakness and increased uncertainty in the Grid market; changes in the extent and manner of use of the unit's long-lived assets; and changes in our long-term strategy for the Grid business. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of June 30, 2014. Based on the Company's analysis using the two-step approach defined above, the Company recorded a non-cash, goodwill impairment charge of $3.4 million in the second quarter of 2014.  This impairment was reported as part of the discontinued operations results for the year ended December 31, 2014. As a result, the Company has no goodwill remaining related to the Grid business that was disposed of during the quarter ended September 30, 2014, with the entire remaining goodwill balance being attributable to the IIoT reporting unit. This includes goodwill of $1.3 million that was added during the year ended December 31, 2014 in conjunction with the acquisition of Lumewave, Inc. (see Note 4 for additional details).
Long-Lived Assets
Long-Lived Assets
    
We evaluate the recoverability of property, plant and equipment in accordance with ASC No. 360, Accounting for the Property, Plant, and Equipment ("ASC No. 360"). We perform periodic reviews to determine whether facts and circumstances exist that would indicate that the carrying amounts of property, plant and equipment might not be fully recoverable. If facts and circumstances indicate that the carrying amount of property, plant and equipment might not be fully recoverable, we compare projected undiscounted net cash flows associated with the related asset or group of assets over their estimated remaining useful lives against their respective carrying amounts. In the event that the projected undiscounted cash flows are not sufficient to recover the carrying value of the assets, the assets are written down to their estimated fair values based on the expected discounted future cash flows attributable to the assets. Evaluation of impairment of property, plant and equipment requires estimates in the forecast of future operating results that are used in the preparation of the expected future undiscounted cash flows. Actual future operating results and the remaining economic lives of our property, plant and equipment could differ from our estimates used in assessing the recoverability of these assets. These differences could result in impairment charges, which could have a material adverse impact on our results of operations.

During the quarter ended June 30, 2015, the Company terminated the lease agreements for its corporate headquarter facility in San Jose, California. These leases were scheduled to expire in March 2020 and had been historically accounted for under authoritative guidance pertaining to leases in which the Company is both involved in the construction of the lease assets and for which certain sale-leaseback criteria are not met. This resulted in the Company being the "deemed owner" of the two buildings for accounting purposes only. Accordingly, the leases associated with these facilities were historically accounted for as financing obligations.

In conjunction with the termination of these leases and associated financing obligations, in May 2015 the Company paid an up-front lease termination charge of $10.0 million, which allowed the Company to remove approximately $15.3 million of building related financing obligations from its balance sheet. At the same time, the Company entered into a short-term lease for one of the two buildings for the remainder of 2015. As a result of the lease termination, the Company wrote the carrying value of the buildings and leasehold improvements down to its fair value, which was equal to the present value of the remaining lease payments under the short-term lease. The net effect of the lease termination transaction was a charge of $3.3 million during the quarter ended June 30, 2015.

As a result of the sale of the Grid business on September 30, 2014, the Company made the decision to cease use of one building within its corporate headquarters and recharacterize the building as a rental property. Consequently, management performed an impairment analysis on this building and determined that its carrying value was not recoverable. In performing this analysis, management analyzed the expected cash flows from different sub-lease scenarios using recent lease data for similar facilities in the area including market activity, expected tenant improvements and commissions and period of time between recharacterization and lease up. As a result of this analysis, the Company recorded a write down of the building of $4.4 million during the three months ended September 30, 2014. 
XML 47 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 48 R7.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Net loss including noncontrolling interest $ (7,634) $ (22,308)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,413 2,640
Increase (decrease) in allowance for doubtful accounts (17) 22
Lease termination charges 3,337 0
Loss on disposal of Grid business 0 254
Goodwill impairment charges 0 3,388
Loss on disposal of and write down of property, equipment and other 53 5,101
Reduction of (increase in) accrued investment income (23) 18
Stock-based compensation 109 992
Adjustment to contingent consideration (98) 0
Change in operating assets and liabilities:    
Accounts receivable (19) 2,953
Inventories 630 1,217
Deferred cost of goods sold 190 242
Other current assets (418) 312
Accounts payable (1,509) (543)
Accrued liabilities (55) (865)
Deferred revenues 6 (751)
Deferred rent (154) (29)
Net cash used in operating activities (4,189) (7,357)
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of available‑for‑sale short‑term investments (7,984) (58,148)
Proceeds from maturities and sales of available‑for‑sale short‑term investments 20,852 80,116
Cash paid for acquisition, net of cash acquired 0 (1,155)
Proceeds from divestiture of Grid business 0 4,861
Change in other long‑term assets (793) 232
Capital expenditures (83) (672)
Net cash provided by investing activities 11,992 25,234
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Principal payments of lease financing obligations (11,147) (1,676)
Restricted cash used as collateral for line of credit 0 (6,250)
Proceeds from exercise of stock options 0 17
Repurchase of common stock from employees for payment of taxes on vesting of restricted stock units and upon exercise of stock options (152) (411)
Net cash used in financing activities (11,299) (8,320)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (639) (723)
NET CHANGE IN CASH AND CASH EQUIVALENTS (4,135) 8,834
CASH AND CASH EQUIVALENTS:    
Beginning of period 13,340 14,648
End of period 9,205 23,482
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest on lease financing obligations 386 830
Cash paid for income taxes 187 265
NON CASH INVESTING ACTIVITIES:    
Fair value of stock issued in connection with acquisition $ 0 $ 715
XML 49 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Condensed Consolidated Balance Sheet (Parenthetical) [Abstract]    
Accounts receivable, related rarties $ 1,404 $ 158
XML 50 R17.htm IDEA: XBRL DOCUMENT v3.3.0.814
Inventories
 9 Months Ended
Sep. 30, 2015
Inventory Disclosure [Abstract]  
Inventories
Inventories:

Inventories are stated at the lower of cost (first‑in, first‑out) or market and include material, labor and manufacturing overhead. When required, provisions are made to reduce excess and obsolete inventories to their estimated net realizable value. Inventories consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Purchased materials
$
154

 
$
402

Finished goods
2,519

 
2,841

 
$
2,673

 
$
3,243
XML 51 R1.htm IDEA: XBRL DOCUMENT v3.3.0.814
Document and Entity Information - shares
 9 Months Ended
Sep. 30, 2015
Oct. 31, 2015
Document and Entity Information [Abstract]    
Entity Registrant Name ECHELON CORP  
Entity Central Index Key 0000031347  
Document Type 10-Q  
Document Period End Date Sep. 30, 2015  
Amendment Flag false  
Document Fiscal Year Focus 2015  
Document Fiscal Period Focus Q3  
Current Fiscal Year End Date --12-31  
Entity Filer Category Accelerated Filer  
Entity Common Stock, Shares Outstanding   44,160,919
XML 52 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accrued Liabilities
 9 Months Ended
Sep. 30, 2015
Payables and Accruals [Abstract]  
Accrued Liabilities
Accrued Liabilities:

Accrued liabilities consist of the following (in thousands):
 
September 30,
2015
 
December 31,
2014
 
 
 
 
Accrued payroll and related costs
$
2,090

 
$
1,463

Warranty reserve
121

 
143

Restructuring charges
84

 
701

Contingent consideration
870

 
—

Other accrued liabilities
426

 
537

 
$
3,591

 
$
2,844
XML 53 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenues $ 9,983 [1] $ 9,178 [1] $ 29,214 [2] $ 29,083 [2]
Cost of revenues 4,370 [3] 4,180 [3] 12,435 [4] 12,502 [4]
Gross profit 5,613 4,998 16,779 16,581
Operating expenses:        
Product development [4] 2,454 2,305 7,406 7,224
Sales and marketing [4] 1,848 2,160 6,230 6,600
General and administrative [4] 2,547 3,538 7,555 10,887
Lease termination charges 0 0 3,337 0
Loss on write down of property, equipment and other   4,409 0 4,409
Costs Incurred 0 227 0 227
Total operating expenses 6,849 12,639 24,528 29,347
Loss from continuing operations (1,236) (7,641) (7,749) (12,766)
Interest and other income, net 184 719 564 661
Interest expense on lease financing obligations (5) (271) (385) (839)
Loss from continuing operations before provision for income taxes (1,057) (7,193) (7,570) (12,944)
Income tax expense (benefit) (10) 33 64 114
Net loss from continuing operations attributable to Echelon Corporation Stockholders (1,047) (7,226) (7,634) (13,058)
Net loss from discontinued operations, net of income taxes 0 (2,141) 0 (9,250)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes 0 179 0 535
Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes 0 (1,962) 0 (8,715)
Net loss attributable to Echelon Corporation Stockholders $ (1,047) $ (9,188) $ (7,634) $ (21,773)
Earnings Per Share [Abstract]        
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders (usd per shares) $ (0.02) $ (0.17) $ (0.17) $ (0.30)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders (usd per shares) 0.00 (0.05) 0.00 (0.20)
Basic and diluted net loss per share attributable to Echelon Corporation Stockholders (usd per shares) $ (0.02) $ (0.21) $ (0.17) $ (0.50)
Shares used in computing net loss per share:        
Basic (shares) 44,128 43,507 44,068 43,367
Diluted (shares) 44,128 43,507 44,068 43,367
[1] Represents the portfolio of available for sale securities that is included in restricted investments and short-term investments in the Company’s condensed consolidated balance sheets
[2] Includes related party amounts of $1,680 and $683 for the three months ended September 30, 2015 and 2014, respectively; and related party amounts of $3,465 and $2,546 for the nine months ended September 30, 2015 and 2014, respectively. See Note 7 and Note 14 for additional information on related par
[3] Included in cash and cash equivalents in the Company’s condensed consolidated balance sheets
[4] See Note 6 for summary of amounts included representing stock-based compensation expense.
XML 54 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814
Discontinued Operations
 9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations

During the third quarter of 2014, the Company announced that it had reached an agreement to sell its Grid business in order to focus on its IIoT business and on future opportunities in this market. On September 30, 2014, the Company completed the sale of its Grid business to S&T, a publicly traded European IT systems provider.
 
The consideration received for the sale of the Grid business totaled approximately $4.9 million. Additionally, the Company could receive an additional $1.0 million if the revenues of the Grid business exceed $50 million for the calendar year 2015. Based on the historical results of the Grid business and near-term estimates, management of the Company does not believe the sales targets will be achieved. Due to the significant uncertainty in achievement, no value has been given to this contingent consideration. The Company also entered into a sub-lease arrangement as well as a supply arrangement for a component used in the manufacture of certain Grid products. At the time of the sale, each of these arrangements had a term of 39 months and each has been considered indirect cashflows as they were deemed to be insignificant. As a result of the Company's decision to terminate its corporate headquarters leases, the sub-lease arrangement will now expire in December 2015.

The sale of the Grid business resulted in a loss of $254,000, net of income taxes, recorded as loss on sale of discontinued operations for the three and nine months ended September 30, 2014.

The assets and liabilities of the Company's joint venture (see Note 16) were not included in the sale to S&T. As of December 31, 2014, the Company was in the process of negotiating the sale of the joint venture's remaining net assets and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell and had classified them as held for sale on the Company's condensed consolidated balance sheets. The remaining asset and liabilities principally relate to inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. As of September 30, 2015, the Company has determined that the joint venture's remaining net assets will not be sold and have been stated at their fair value.
 
As a result of restructuring activities during quarter ended September 30, 2014, a total of $1.4 million of restructuring costs is included in loss from discontinued operations for the three and nine months ended September 30, 2014. All of this amount has been paid as of September 30, 2015.

The Company has classified the results of operations of the Grid business as discontinued operations for all periods presented. There was no activity related to the Grid business during the three and nine months ended September 30, 2015. The table below provides a summary of the components of the net loss from discontinued operations for the three and nine months ended September 30, 2014, and excludes certain shared overhead costs that were previously allocated to the Grid segment as ASC 205-20 prohibits the allocation of general overhead costs to discontinued operations.

Three Months Ended

Nine Months Ended

September 30, 2014

September 30, 2014




Revenues (1)
$
5,467


$
18,392

Cost of revenues
3,433


11,774

Operating expenses
3,921


15,614

Loss from discontinued operations before income taxes
(1,887
)

(8,996
)
Income taxes
—


—

Loss on sale of Grid business
(254
)
 
(254
)
Net loss from discontinued operations, net of income taxes
(2,141
)

(9,250
)
Net loss from discontinued operations attributable to non-controlling interest, net of income taxes
179


535

Net loss from discontinued operations attributable to Echelon Corporation Stockholders, net of income taxes
$
(1,962
)

$
(8,715
)


(1) Includes related party amounts of $0 and $112,000 for the three and nine months ended September 30, 2014, respectively.
 
The sale agreement contains certain indemnification provisions related to the Grid business whereby the Company may have obligations related to the period it owned the Grid business. The Company believes the estimated fair value of these indemnification provisions are minimal and accordingly, no liability is recorded for these indemnifications as of September 30, 2015.
XML 55 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
Acquisition
 9 Months Ended
Sep. 30, 2015
Business Combinations [Abstract]  
Acquisitions
Acquisitions

On August 15, 2014, the Company purchased 100% of the outstanding shares of Lumewave. The acquisition was aimed at expanding the Company’s outdoor lighting business. The purchase price consisted of $1.8 million in cash paid at closing and $715,000 in common stock of the Company distributed at closing. Additionally, if certain gross profit targets for the Lumewave business are achieved during the period from August 16, 2014 through August 15, 2016, an additional $1.3 million in consideration will be payable to the selling shareholders of Lumewave. The fair value of this additional consideration was $925,000 as of September 30, 2014. The purchase price was subject to adjustment based on the final working capital balances. As a result of the final agreed-upon working capital balances, the selling shareholders agreed to repay $225,000, which was received by the Company in 2014. The cash purchase price has been adjusted for this $225,000 working capital adjustment.

The assets acquired and liabilities assumed have been reflected in the Company’s condensed consolidated balance sheet as of September 30, 2015, and the results of operations of Lumewave are included in the condensed consolidated statement of operations since August 16, 2014. The following table summarizes the purchase price allocation based on estimated fair values of assets acquired and liabilities assumed at the acquisition date (amounts in thousands):
 
Amount

Cash and cash equivalents
$
630

Accounts receivable
107

Inventory
31

Other current assets
259

Property and equipment
23

Identifiable intangible assets
1,500

Goodwill
1,257

Accounts payable
(352
)
Accrued liabilities
(255
)
 
$
3,200



Identifiable intangible assets include $800,000 in developed technology, $500,000 in customer relationships, and $200,000 for trade names. The identifiable intangible assets will be amortized over a period of 6.5 years. Transaction costs associated with the acquisition were not material. The method used to value the identified intangibles was an income method approach which incorporated a discount rate ranging from 21% to 22%.

Pro forma information for this acquisition is not presented as the results of the acquired business are not material to the Company’s consolidated financial statements.

The contingent consideration was measured at fair value based on management’s estimate of achieving the specified targets and discounted to its then present value of $925,000. The contingent consideration is payable in a combination of cash and the Company’s common stock. Both the fair value of the cash and equity portions of the contingent consideration are recorded as a liability and will be remeasured each reporting period, with any change in their fair values recorded to earnings. As of September 30, 2015, the fair value of the contingent consideration was $870,000 and is recorded in Accrued liabilities in the Company's condensed consolidated balance sheet. The equity component of the contingent consideration will ultimately be settled by issuing additional equity upon final determination of the targets being achieved. The number of shares to be issued will be based on the average closing price of the Company's stock during the six days prior to the acquisition date.
XML 56 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
Joint Venture
 9 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Joint Venture
Joint Venture:
On March 23, 2012, the Company entered into an agreement with Holley Metering Limited (“Holley Metering”), a designer and manufacturer of energy meters in China, to create a joint venture, Zhejiang Echelon-Holley Technology Co., Ltd. (“Echelon-Holley”). The joint venture's intended focus was on the development and sales of smart energy products for China and rest-of-world markets. The Company has a 51.0% ownership interest in the joint venture and exercises controlling influence. Therefore, Echelon-Holley’s accounts are included in the Company’s Condensed Consolidated Financial Statements as of September 30, 2015 and 2014, and for the three and nine months then ended. Holley Metering’s interests in Echelon-Holley’s net assets are reported in the non-controlling interest in subsidiary on the Condensed Consolidated Balance Sheet as of September 30, 2015. Net loss attributable to the non-controlling interest in Echelon-Holley was nil and $179,000 during three months ended September 30, 2015 and 2014, respectively, and nil and $535,000 during the nine months ended September 30, 2015 and 2014, respectively.
As of September 30, 2015, Echelon and Holley Metering had contributed in cash a total of approximately $4.0 million in Share Capital, as defined, to Echelon-Holley in proportion to their respective ownership interests.
In connection with the decision to sell the Grid business announced in the third quarter of 2014, the Company undertook a process to sell the remaining net assets of the joint venture and recorded the assets and liabilities of the joint venture at the lower of their carrying amount or fair value less cost to sell, and classified them as held for sale on the accompanying balance sheet at December 31, 2014. The major classes of assets and liabilities that were classified as held for sale were inventory, deferred revenues and the related deferred costs of sales, and accrued liabilities. In addition, the net losses attributable to the non-controlling interest were also presented as part of discontinued operations in the condensed consolidated statements of operations for the years ended December 31, December 31, 2014 and 2013.
During the quarter ended September 30, 2015, the Company concluded that it would no longer pursue a sale, but would instead work with Holley Metering to shut the joint venture down. The remaining net assets of the joint venture are immaterial as of September 30, 2015. As the net losses attributable to the joint venture were immaterial in prior years, they have been presented as part of discontinued operations in the condensed consolidated statement of operations for the three and nine months ended September 30, 2014.
XML 57 R19.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Disclosure
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Disclosure
Segment Disclosure:

ASC Topic 280, Segment Reporting, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing business performance. The Company’s chief operating decision-making group is the Executive Staff, which is comprised of the Chief Executive Officer and his direct reports (CODM). The Company operates in one principal industry segment - the IIoT segment, which is its reportable segment.
 
The Company operates in three main geographic areas: the Americas; Europe, Middle East and Africa (“EMEA”); and Asia Pacific / Japan (“APJ”). Each geographic area provides products and services to the Company’s customers located in the respective region. The Company’s long-lived and other assets include property and equipment, goodwill, purchased technology, and deposits on its leased facilities. Long-lived assets are attributed to geographic areas based on the country where the assets are located. As of September 30, 2015 and December 31, 2014, long-lived assets of approximately $6.3 million and $15.6 million, respectively, were domiciled in the United States. Long-lived assets for all other locations are not material to the condensed consolidated financial statements.

In North America, the Company sells its products primarily through a direct sales organization and select third-party electronics representatives. Outside North America, the Company sells its products through direct sales organizations, value-added resellers, and local distributors, primarily in EMEA and APJ. Revenues are attributed to geographic areas based on the country where the products are shipped to or the services are delivered. Summary revenue information by geography for the three and nine months ended September 30, 2015 and 2014 is as follows (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Americas
$
3,038

 
$
2,988

 
$
9,359

 
$
9,325

EMEA
5,006

 
3,520

 
13,889

 
11,045

APJ
1,939

 
2,670

 
5,966

 
8,713

Total
$
9,983

 
$
9,178

 
$
29,214

 
$
29,083



For information regarding the Company’s major customers, please refer to Note 7, Significant Customers.
XML 58 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments And Contingencies
Commitments and Contingencies:

Legal Actions
From time to time, in the ordinary course of business, the Company may be subject to other legal proceedings, claims, investigations, and other proceedings, including claims of alleged infringement of third-party patents and other intellectual property rights, and commercial, employment, and other matters. In accordance with generally accepted accounting principles, the Company makes a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. While the Company believes it has adequately provided for such contingencies as of September 30, 2015, the amounts of which were immaterial, it is possible that the Company’s results of operations, cash flows, and financial position could be harmed by the resolution of any such outstanding claims.
Line of Credit
Until December 2014, the Company maintained a $5.0 million line of credit with its primary bank. The line of credit was secured by a collateral of the first priority on $6.3 million of our investments placed in a separate account. In December 2014, the Company cancelled this line of credit. It continues to maintain an operating credit line of $1.0 million with its primary bank for company credit card purchases, as well as one standby letter of credit for $113,000. These lines of credit continue to be secured by a collateral of the first priority on $1.4 million of the Company's investments (presented as restricted investments in the Condensed Consolidated Balance Sheets). The restricted investments are classified as current assets due to the contractual duration of the underlying credit agreement. No amounts have ever been drawn against the standby letters of credit issued by the bank.
XML 59 R60.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restructuring Plan (Details Textual)
 12 Months Ended
Dec. 31, 2014
employee
September 2014 Restructuring Plan [Member]  
Number of Employees Reduced by Restructuring 44
XML 60 R13.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity and Employee Stock Option Plans
 9 Months Ended
Sep. 30, 2015
Stockholders' Equity and Employee Stock Option Plans [Abstract]  
Stockholders' Equity and Employee Stock Option Plans
Stockholders’ Equity and Employee Stock Option Plans:
  
Stock-based Compensation Expense

The following table summarizes stock-based compensation expense for the three and nine months ended September 30, 2015 and 2014, respectively, and its allocation within the condensed consolidated statements of operations (in thousands):

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Cost of revenues
$
(34
)
 
$
76

 
$
(102
)
 
$
235

Product development
94

 
130

 
229

 
(37
)
Sales and marketing
(19
)
 
79

 
(109
)
 
174

General and administrative
115

 
225

 
91

 
962

Discontinued operations
—

 
(824
)
 
—

 
(342
)
Total
$
156

 
$
(314
)
 
$
109

 
$
992



Stock Award Activity
 
The total intrinsic value of options exercised during the three and nine months ended September 30, 2015 was $0 and $0, respectively. The total intrinsic value of options exercised during the three and nine months ended September 30, 2014 was $0 and $3,000, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the options. There were no options exercised during the nine months ended September 30, 2015.

The total fair value of RSUs vested and released during the three and nine months ended September 30, 2015 was $58,000 and $374,000, respectively. The total fair value of RSUs vested and released during the three and nine months ended September 30, 2014 was approximately $351,000 and $1.1 million, respectively. The fair value is calculated by multiplying the fair market value of the Company’s stock on the vesting date by the number of shares vested.
XML 61 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
Significant Customers
 9 Months Ended
Sep. 30, 2015
Risks and Uncertainties [Abstract]  
Significant Customers
Significant Customers:

The Company markets its products and services throughout the world to original equipment manufacturers (OEMs) and systems integrators in the building, industrial, transportation, utility/home, and other automation markets. During the three and nine months ended September 30, 2015 and 2014, the Company had two customers that accounted for a significant portion of its revenues: Avnet Europe Comm VA (“Avnet”), the Company’s primary distributors of its IIoT products in Europe and Enel Distribuzione Spa ("Enel"), an Italian utility company. For the three and nine months ended September 30, 2015 and 2014, the percentage of the Company’s revenues attributable to sales made to these customers was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
Avnet
 
21.1
%
 
26.9
%
 
25.5
%
 
27.4
%
Enel
 
16.8
%
 
7.4
%
 
11.9
%
 
8.8
%
Total
 
37.9
%
 
34.3
%
 
37.4
%
 
36.2
%
XML 62 R16.htm IDEA: XBRL DOCUMENT v3.3.0.814
Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss):
 
Foreign currency translation adjustment
(Amount in thousands)
 
Unrealized gain (loss) on available-for-sale securities
(Amount in thousands)
 
Accumulated Other Comprehensive Income (Loss)
(Amount in thousands)
Beginning balance at December 31, 2014
$
(424
)
 
$
(7
)
 
$
(431
)
Current period other comprehensive income (loss)
(812
)
 
15

 
(797
)
Balance at September 30, 2015
(1,236
)
 
8

 
(1,228
)


None of the above amounts have been reclassified to the condensed consolidated statement of operations.
XML 63 R34.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Disclosure (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Revenue information by geography
Summary revenue information by geography for the three and nine months ended September 30, 2015 and 2014 is as follows (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Americas
$
3,038

 
$
2,988

 
$
9,359

 
$
9,325

EMEA
5,006

 
3,520

 
13,889

 
11,045

APJ
1,939

 
2,670

 
5,966

 
8,713

Total
$
9,983

 
$
9,178

 
$
29,214

 
$
29,083
XML 64 R51.htm IDEA: XBRL DOCUMENT v3.3.0.814
Commitments and Contingencies Line of Credit (Details)
Sep. 30, 2015
USD ($)
debt_instrument
Dec. 31, 2014
USD ($)
Nov. 30, 2014
USD ($)
Debt Instrument [Line Items]      
Line of credit borrowing capacity $ 1,000,000.0    
Restricted investments 1,401,000 $ 1,401,000  
Line of Credit [Member]      
Debt Instrument [Line Items]      
Line of credit borrowing capacity     $ 5,000,000.0
Restricted investments     $ 6,300,000
Standby Letters of Credit [Member]      
Debt Instrument [Line Items]      
Line of credit borrowing capacity 113,000    
Restricted investments $ 1,400,000    
Number of Letter of Credit | debt_instrument 1    
XML 65 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
Related Parties
 9 Months Ended
Sep. 30, 2015
Related Party Transactions [Abstract]  
Related Parties
Related Parties:
In June 2000, the Company entered into a stock purchase agreement with Enel pursuant to which Enel purchased 3.0 million newly issued shares of its common stock for $130.7 million. The closing of this stock purchase occurred on September 11, 2000. At the closing, Enel had agreed that it would not, except under limited circumstances, sell or otherwise transfer any of those shares for a specified time period. That time period expired September 11, 2003. To the Company’s knowledge, Enel has disposed none of its 3.0 million shares. Under the terms of the stock purchase agreement, Enel has the right to nominate one member of the Company’s board of directors. A representative of Enel served on the board until March 14, 2012; no Enel representative is presently on the board.
At the time the Company entered into the stock purchase agreement with Enel, it also entered into a research and development agreement with an affiliate of Enel (the “R&D Agreement”). Under the terms of the R&D Agreement, the Company cooperated with Enel to integrate its LONWORKS technology into Enel’s remote metering management project in Italy, the Contatore Elettronico. The Company completed the sale of its components and products for the deployment phase of the Contatore Elettronico project during 2005. During 2006, the Company supplied Enel and its designated manufacturers with limited spare parts for the Contatore Elettronico system. In October 2006, the Company entered into a new development and supply agreement and a software enhancement agreement with Enel. Under the development and supply agreement, Enel and its contract manufacturers purchase additional electronic components and finished goods from the Company. Under the software enhancement agreement, the Company provides software enhancements to Enel for use in its Contatore Elettronico system. The software enhancement was assigned to S&T as part of the sale of the Company's Grid division in September 2014. The development and supply agreement will expire in December 2015, although delivery of products can extend beyond then and the agreement may be extended under certain circumstances.
For the three months ended September 30, 2015 and 2014, the Company recognized revenue from products and services sold to Enel and its designated manufacturers of approximately $1.7 million and $683,000, respectively. For the nine months ended September 30, 2015 and 2014, the Company recognized revenue from products and services sold to Enel and its designated manufacturers of approximately $3.5 million and $2.5 million, respectively. Please refer to Note 5 for information related to discontinued operations.
As of September 30, 2015 and December 31, 2014, $1.4 million and $158,000, respectively, of the Company’s total accounts receivable balance related to amounts owed by Enel and its designated manufacturers.
XML 66 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings (Loss) Per Share
The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the three and nine months ended September 30, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Net loss (Numerator):
 
 
 
 
 
 
 
Net loss from continuing operations attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(7,226
)
 
$
(7,634
)
 
$
(13,058
)
Net loss from discontinued operations attributable to Echelon Corporation Stockholders
—

 
(1,962
)
 
—

 
(8,715
)
Net loss attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(9,188
)
 
$
(7,634
)
 
$
(21,773
)
Shares (Denominator):
 
 
 
 
 
 
 
Weighted average common shares outstanding
44,128

 
43,507

 
44,068

 
43,367

Shares used in basic computation
44,128

 
43,507

 
44,068

 
43,367

Common shares issuable upon exercise of stock options (treasury stock method)
—

 
—

 
—

 
—

Shares used in diluted computation
44,128

 
43,507

 
44,068

 
43,367

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.17
)
 
$
(0.17
)
 
$
(0.30
)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders
$
0.00

 
$
(0.05
)
 
$
0.00

 
$
(0.20
)
Basic and diluted net loss per share attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.21
)
 
$
(0.17
)
 
$
(0.50
)
XML 67 R49.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity and Employee Stock Option Plans (Details Textual) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Stockholders' Equity and Employee Stock Option Plans (Textual) [Abstract]        
Total intrinsic value of options exercised $ 0 $ 0   $ 3,000
Total fair value of RSUs vested and released $ 58,000 $ 351,000 $ 374,000 $ 1,100,000
XML 68 R41.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments-Available for Sale Securities (Details 1) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Fair value of short term investment unrealized holdings and gains    
Amortized Cost $ 17,392 $ 30,237
Aggregate fair value 17,400 30,230
Unrealized Holdings gains 8 0
Unrealized Holdings Losses $ 0 $ 7
XML 69 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenue from related parties $ 1,680 $ 683 $ 3,465 $ 2,546
ZIP 70 0000031347-15-000038-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000031347-15-000038-xbrl.zip M4$L#!!0````(`/!\:4?Q4[0D/`\!`)C6#@`1`!P`96QO;BTR,#$U,#DS,"YX M;6Q55`D``X0$05:$!$%6=7@+``$$)0X```0Y`0``[%U;=YRXLG[>9ZWS'WS\ M?!Q+2`C(RG@O$)#)WD[LV)F9/4]9&&2;"0T]0#OV^?6GQ*4;NNEK?*$=\A#; MK5M5Z=-759(:WOWS?A0=W(DT"Y/XET/\!AT>B-A/@C"^^>7PM\LC\Y)_^'#X MSY/__J]W_W-T]!_KXO3`3OS)2,3Y`4^%EXO@X'N8WQ[\$8CLV\%UFHP._DC2 M;^&==W14M1J_O?*00"J^"K1`T(`HGJKK"O,04_Q`HTC[W_NWA`6Z@K%*?053 M0U&OF*$P%5\'"E8#C^EE;_=7:12^E?\?@.!Q]M9/)G&>/OQR>)OGX[?'Q[+H M32;\-S?)W7%5>*P@3(X0/B+XL&XV25/09FHJ\=>Z&?=,A5%4B3<%BE.XG@R MZAXCR-/C_&$LCJ'2$=02:>A/VZUOU&Z0BNNEFK!C**TK9J'?K0(4="B0Y>-T M27THZ6@PR8YN/&\\;7/M95>%(%5!QV1#29I$(NML4Y1T-Y)VZ&Y4E'0URE-Q ML]1.QC&4UU5E03"W(J;V+`M;5?/.JFI9-6]6#5&&8:I0Q+*TD:`T,EDAS&[S"20TKA.L.9F7-%B(.&O6-(X)F`P;3VO5G MLR'K3RH++;'9A\)D],S/>VNR$CYY:0",8!U.>ZU*?L0`KK0`_4SW07UZA)6G M4!_6S#ZH/P?_1U&_HHS/>T09V@M31F$SND+NH MXN%)7;9*QW?'G4-4,ATO"M4G#SP_S]8D"V.19:;_]R3,PAPL5$RV3`Z^GD*Z M^MV[$_LWMTO4.CR1>KUMZ[77\SF+#IKK,Q=2V#/HSH-@-@/ M0/1MD[/>XQOPLQ_X>88MST=&`_XYT8`'-'291?DYT:"\;C1\%%XV28M$SDW% MWQ-Y`:(;"HV:V860ER7V,OW80/<.0*Q0?N^1\`U]C8I>0(T#%[C-:)A M\!I[XS6>:?-B..#X&;Y.`WO1/`A!ES>A%>1,+-,Y!DL-.^O M).61!UTVJ85/LCP9B?1"1.79P6TXWL/SDT=#UC8LMKFY9VRVPM[[3&+5/8S+ M@<)>XHR6'B']"*M].7/_(4+ZDGJ!^.2-Q,!"3\="\T;>9^JI[X`-S/,RS-.G MVSX_Q#RV3#63L0B^"/\V3J+DYN$BO+G-!R)Z.B):8_.]YJ79?=[AEM-KN>7T MXA>>.Z[.?8A]R"BFMCU-?*_-D>=I$DS\O%IKLL[^06>%DA6K+=/R>0'RXM?@ M9M]6V0@@=9WW(H9U%9EQ8`8C8/(LEZOL3CCW8YB*/0R75@*FKK21UL^[$]6+ MK^[,;4<.#-,7ANG#5N6.#',IHDAZ_#CXZ*7?A/3^KYM!P>N1P^L(E1E#+LGO2)3_H" MC"VVU08^>7D^Z@*@7CBNG0+A(;U^\?2Z M%^#9(>H9V*GL'E@GQ<_4^H%>';:&1YRKI\]9)[;$^9)[(,RY6*Z M"+-OC8<3%GLXSM6=>1>+/3R`7*%:M7O3UNTGW`>>Z#;,L(`AE>=X&['#(-[&&*$@1%>=ZPP!(POQ0A]<0M;!XP#"%Y5 MH%@]?_13+.HV=,BH?WX4/S4#[Z8[J[)ESKD#SP9C9,8 M_FP_ML+T_3I'G=#=T?)E]2+L_+I8V;PUZ0TT,^`C16*/R=O//D#J0?>V'?>>`J4 M="23`U#V$BB]2TU_.'`97-(+NJ1G>J;Q`(K>@Z)WQ+(*1N]%LZZ1L MX(@7XXB^G)D-'-$7CN@+*)8]BG4`QI:T'A?/1,5\E&F:*_9SQP\`- M?>&&'F4:0^+Y\D%E7US%UAPQN(I7R@I#JMD+5NA+Y#`$D"_*"ON97`XP>&4Q M`J``H<_*OR:Q>,X9W=EF"!TAMH7-ROI/?'!\(;(\G?CY1+[:]3SR&@^SNA3C MO,"/G+Z%>ONWE#I5K6ZV;J+K7A\/S]]8&N:]?_/^3'>0AJGOR=3W--NB`UCZ M#I;MHZ\6L^P*EDD3!=BT M>Q[#KSOTZU=O@>[LN9CBNL8.G5>3NKSOJL(.70?B*O\J/4$Z63W$7,4=AIID MP;E(+^7,M88)PCM8:2UHR3:?8)S4RY/6>RMG`X990A6LO?WMTNZ0Y1\M:>:Z M:@QBBS@9A?'R8=;`K3W.?&]UV4S#=3:Z2KPT^#I:Y+;67#1K[3`1-]-4[RNH MY2T?9Z[B;G/>V?WJV5O7JQB-H^1!B.62US4VZ3P0H=SUB@.):S?R;@XJ9KH0 MUZT(Y[#T8IZ?'VF.IJNJXA)-TTQNV:YMZU2Q=<-%W+$4?GAR[449#+_0^71( M/DE3^5F80<;]I_!2IV3-34;'C!JF1K&MB.0[&.T.')44W(JT:: MBF(G?K&HRQKG!5.[\%FV@2R.KBFFI5(+1#%5QIABEI9PN(5M;!^>?":E&$M' M62*'E'13*2A6#5O3'$QUQE07NQ9'Y7PH&#L*.2Q"FBXYIJ,L2%%*N/FLV-1R M7)=S5S.H[9H&HR:K+.$XEDX/6V'5TI$6Y)!?DMQ@>*YPS#2F.QJV%>HRTS6T M"A0&TE6`)$9'G]L#RZZGXSE%F,"%_(IF]"$.Q/V_Q<,F"``XJH9K&$C5B,D0 M->S2]HZM6H2@=FBU=*1Y.9+1*(DO\\3_5KB,[&R2RWPE@)BH)52YXT#/_/SP M(!!^.(*%!Y]^>&K`2/CR0;%!T5X<>E&*&#&RT M)%XATYSX;AB)E,-TWB3I)D:T-,.T$+9=RW8XXBI7$2D!C#FRF'-X8OJ^B*0; M$\%!T7M3LM9P9%XE,25ZS4EJ?:1FC.Y!%I MB$9T&UNJ8]F:RW4-?M%0A3775#5*&A-9N!["8++?':\38D=)P7)+)36Q[>BZ M06$"%6Q9W'*,BA==`]R&.B_I=E+>`1!NQ.5MDN9?1#J:?6LE^^C)O"%_*#EE M@]G&V-)TQ]5M1C`V.=5MF/M"4,M47*P?GIR3C[5PFXX[$Y473QB\@2H@2@9A M4/G][Z#Q[,%D^NS!]296FVM&U540VZ:$$LMAS#$9KDA?H[KJSIL8%SQ4&WHK MP1KZE'-1JLEO/>AAN9&78,,VL*NZ#@7?J5NF!2"V:FSHCF[Q><&/-$-K"+XH MP4[B/?67QI9ISQ0$X1-1D:%8`#%50<2NM+=,3:,+TZ;V2?=5WV%9IC$VD*W9 MQ"865:BNJ(YM5TO,1I:FF@OSK6-E0YWM,!LG0!/OTV0R_A#[T40ZH\XG>[:V M%:"?]$9TA%9T$;K--<9^4-J9 MVHZ71@]R!:<@E&0BF75!*U=TZ=2Q')LZJ;IA4%,#K1#CE%G@_ECE[S3.F;*$ M1VJE5LDRD]CUPO3.BR8BC,<0-10T,Y%M8#IOPYM;2!&2ZW0CS%J3+(Q%EID^ M8#8+VZ\(.87`[KMW)Q8AV0Z)'(.I*H=2,BIV5%5?%FML(]%,#UBW MP/V9L$7Y\T-LBVL!'!7(E[><7;]/DB"[3**.X*.#7)IZJ!1#G*YAG1'"&;)! M(UJ%Z89M\T6>5&B#)S>6ZU%46>?B.:66!?DPA:2((PU#(%U1OD(L-,58VU`C\S%!H7$#JNVJC&'*,BNF`+I%F5L4165 MH!7*+)5LILPI+.XOX.G^N$VBZ.'L>RR"R\D5P#+TTN+/-+L-Q^`1Y0.%O'G& MZ%@NS:G1-`QKPC8U"'!M78,<3Z_"1D2YA:W.A:_B6IUM9=M0J\O):.2E,J!R MP7_$?B@S8T@!1H5MRNADN_"8&=RR(%_"JL8UQ70M0NU*3P,SNL`*M.75?EC8 MIMYW(B+7=$:<`YU%$``Q:$-@Q"&LJK.`#KD&4NQ#8S4VVD7_\, MHJPQ"(1%F&H$Z;IK:XJK0A+B5@:AIK.X\O?>(&1=((^QK9D$Z,+1=`,IQ-7J MH,FQ(9:8-XC!].:*>F&K?"PWP8N]SU3\/1&Q_]!MDD;-[$+XD(#`<&MLXW(@ M4LZPKK@Z4S3=-76ELHU+".V+;9J7DYZ!4P`43%-MPX459#B6ZZBN6>W**C9Q MK)=?0H]LD'6Y6@9$)<5(/2/:1#;*.4SAFNFZ8BFDP MHFD$4*+5FP,*QN8"0G0-]6C=/"VG0%J*"(7(V-`HU\$PQ*BVBN`'5_'CVN:C M=Q^.)J,+,?+"6`I7;FE"@W+O);EN['>6NQZ^-(-=/RDWQKAWS51Y1DF9?G:7@UR66& MER=C3VXTC45ZY66A[\5!$$:37`3%F4AG-O>YG3C"(+<686^BSFP%'C2Q[5UF?2-L_EVO+=*J:F%L061.F7<.DBQF:GIP.2,8&90`&YU9F"`B[-6:(N4?FJ[8FY5#/D3L1$S'4,G MFDO-FH4L4[5M9*;=]/F2[3S45;U,>IKFI`BV#BB\!Z M:&W]=BW$1[U!V#`+:G$T1\A6=%VW5$/3-%MWW/IPR<5:$^*SZRB4SEEDC7*+ MUIA]#<.4FR6;0+4]F:ZKZ:H,Q4U@7=/F1%>FAV*,DV;.MG`/B,Q)/R?,HK2G M(L_ES_*!O:N#AA7/,[Z49^A7#V5OV=R3C9=JBE7*()@F&J*NHD-:1A6U/J96 M$7$:FB[<G\E*:]N\'6?FGQ>-2N$$*[;W%$=N<"8:R&EWD.C MR+6:>S&SFX3*G)!M(782U9A%QT/&TA M&7(-R+MA:Y2/X#F M)%\OV:(VY84:N:4&*-7K6U"F:S5]67W39U[Z M99+,9#[W'HIH6[ZH'C@E]*&*C+>]C">1;)!ZT762RH>90YTN)Q`\BY/'JX;][G<-!E-G;6;I-4@9]=?O'N)VM]A*'#89]<0 MWA4;W9`YED`QX^"W<1([]R+U0]EKT=_9>,EARYI9=VVL*`!6#<)-XMH&EG<: M2Z.`I?!"QDLQGDWZ\^K6'YNN`9I*(4!`$,$[ND89,DA[?IC(=9D2*88F%K<,77PH=10P)M6#A29C"YL MZJOMVPY;R%4HTW@:JCP@S\!0,NW9[?:?I5%."'@CRT(VLR#LJQ(51;<@%%B\ M_5=1<=1Y/B.HR55>I7+2.:MJ0/TS/XSE>H&X%5?M6.\AY,3VA MAQ1S)ZLJ$.5QUS4TRW9J]HB$@Q#?2R9&S%!*++=@&Q:V'*9KC!==UUYA8HIE1Y%5\Z`H@'!&01_*':*:6$-&3:T*10ON"M9C]XK<4I-T M(H+3V8;N3I/`N#R-4;A&%$.S74WE1GWM2[>-Q=--1:<+LG?+L:NTJRRM,==0 M-4,U`"$FF%UGI(J67$U1-6-F\E_5_V M/@L.AY\W"W#XL2C0TV3;GEWTTHV5Q*AC%;(3G/S['=U$*%S>6_L#P+;/M7+VF56IJQ"TB`PL--:U6L;"-'W6B8[ M.WDZN#8:`"LA!.V35^23YGC2MDJPDD>\UQO.S3I'?%+13E;#KX,/P@DR5@O) MB8,M=/PIJ>YT?+UBU`&*B)++.67MLQB99'"D%E4/;TF'P8M$6RT*] MJ[O9S_P+O-MW%S7'][N**/V,H M1-W-ZQ9$J3C"*4XZB1SZ!AQZT*)#'?O<0QMP:WYW?!W[K75C?)XM+S%R&!9) M$_JM^^:(* M@K5.(9\(=4X(B620JK28MYJ9W/70O<'U?/]%ZSJ@**N3<7\J5_;EY_J93TY' M+>2N-YC+VY1MYK9$I**S2HIL0A>*%"W=-61R5\IKS;G`\&XQO_SR_B[56IWY MWR^PIM&CB":CT"D(XT/(90C:6:65Z:(10'$&6+2?^>_93;V^#C>7X?(S6[O; MY;CV>Y&2T6VS;`0HA M.JH=P\*2L)[0M>)4$6(077'J&[<>P[YR:*ZOKVX^LMK\XV+Q5RTU^?@RC9$$ M*7/\:WV*7BCD$+^UG6,L_2.3]2=$9>-C4E#D+(>A;!N#J7H]/]9:Y<]_:O%X>=70451Q0YR2L<5J*- M`JD=>JS74WWX8,\`BP.YBIJ+1%F,<99Q"1YLN_PD)527^GIS#N?E$*ZB9.LL M>-#%>#XSP-%G;D[4<:+;:XTZ+VCV=!41H=Z,LUG1%GW-975[134B^YYMP9[, M@_8U1&OT"[E2U)02,V=RWH12=*MW1(`NF@9]LG!:3YE5",D;J83VV10.J6VT MIM7[1)M#3T.!)][1"7V%BU%C$!`R%!UT9AA:[5O0Z+O0V9\#%(=Q%<+R`7"6 MO048CIJ*`NE66;CP_7,.G"RDV`.;[W$52NG`.B.S9[-1O8-HC%\E"IO'^B// M!90]G431'B@8E,9Q4A$]GZ:ANZL@>A#C;>^G@F530F%M=B9GCJ%M+('31M"A MD8)(<#W1B3BQ)!,Y"=#H=*KOBR[56GB!JM6RR)!&G`2(DX5#NP*QLY=02OAB MK//*8N`H4479NCD]2-._&,MS4(K#N`E%D(*&2FX6(<;Z3VI1E4'?'?WU\H17 M#8DBDW$E<#YN,VAVCZZ]T@-;R.[NZ8Q`V=-+^"1!>2>=,*8H7S+D=DEA MHW)C-N7[SQ%OV[*QBA7ZM]I^NBR!R?^Z[Y>LY9SU$[[<+3_@[8=\L:C-EK>M MFRM\KF5*+WG!$$]RR24UE@-EG,)#(!6%7(R0+K0J`K8:X8>"HD]`'T.1):FLE3(*,T53B(%I3QC% M%#T"!1H^+OI,H=B@%5I&CRE+C283V:*U&&RC5#$_:3DZ)A3+)^7=7H6C"JJ0 M"H)B2$I'5*DU`%>Y.IM6NY?6KA66?_5%"]GXY&L,6J=E`0[;LDF08GL$JDU= MW0VPTB#ERQ:R5S5@0MY>I8+U5&\:,;'7:YPI2I3._6E$:T?6,UI=MWE9&VNT M>4V$)E9J'Q,R6>^IU M`W!&"&SC&RDQB2#)"*.U7[L2!KGW5.)NY&>OW@#(;Z8!\L&6EKVU>+<@6Z M[5[L^R7]>G%U71N6RGSQV\7U+,W^O'M(/QZ5[/+GW]X^U%K7"FN:?9@O9COW M>Y#E8YLY2=*A!((G"SX&!)NT M@*!J?\@"1$VL'7NNW"@5;>DA.*7\G^>+N_H!]Q#5LKDM'8_EW9XGK1 MWB&%>_C%W?8HJ.*0-3`E;[)RQ!:YC9YR!+*+)4B?E?!;J9BSKOUK&$4E2N'0"47KTY=C8T/.40&V&2Z+TEBAV6`1@`.)G%2T MJ[`0_.M0@&D-5["20\R`&9PV]64RVS:_,=@,G?/>6PU&ND4?QF2\_?"_\UI! M\!-#LIC=WMVVIL]NV*/Z'_SMP+.`BK02K'&`J*6J!\'ZUI'*'OVQ*6PC0>!! M_/WD&H4FSC__.8R/BH^IE)9]Q_<38.Y;E50C3' M`8SGGR)V1[5K1I7HHQ3S?WU0*5"F[T5QJ[SC?8^1@"L?PY6;7LTB:CA&J>2%;>GYU5 M[N`BO0X8MY+]L4>/(>1LT!>+EAK;0O32N;YGW+L7J-T/C>4QXZVD5.!T62W' M@TN.N3EK'K0<`MJ^N^ILM^?7^M7;#V^_W-5*RML!S(^?IHEGGDS^RIF0M=Z" M^0FA5.TI+N3KW9"#,"(.G"6/%A+$.U08Y:8O_X^(/#M$LN&HD0`35$7\F:*=;WFL,> MJ+$2KT-*NNDESG&FI@-I&ZC4@>'@4ADDS>#\%#OZ0G'?+>9?V>=6]K]'`YY_ MXM5<75P/W-W+RVW.^/Z^GMW-'E@QG[NL.\KE8Q1.%!28*R^R+2:'T`IGO$JN MY_;>GM!-`,4V]-DBS#_>+`E:+_ECKCY<7:P(+]LS0KAY3.G-WV.`EN-0^!O/ M3J6<),3R1L3L@,AXG8-"6HT1$([ZIU2#6Y7X@/)/!_7]0=K0J750E#FP4!S' M&ZH#CCS;?M?:E@3;R]+E15+[Z5!^+/IQ`'X8$W`$K`VKM-0!JB&QTJ7@9.ND M\S&(+@`&88^#]2,4IH;]T3>F!]RE.C&@SI:O-0G)QYC;C`.1,W9/(%)OM=H' ME/^(4*_-?YD>>2H6?$+I/,A%%%IP;L$"/3V2_I#2'Y6Z#YD5,]3@W,^MIRD>'UQ^Y37 MOI)\/UE]F6B=0'"5F#BO5)(3ARN?A0BL#&Y:)% M?W6#4VHK2SP9FN\6;'07=]_JY/2[(;=>4J9-CS&$K'4,#HI3(234IC47B,I) M-\)I/1G"SZ+P!/?A^J'^\^@*(MS%B\7BV]7-Q^75;X\;;NK[`\[X(]:GERP2 M0>%`?4B-4I`]U20HLS:E\46+.H08:E/OGE.D=:YTW)!$`5YF;"Q0QI:NUKAV MU,A3B;%A-S@UE4)ZJTR106AM[&I2>L9^_!'@DCKW%&)LO'=.OJA:^8UD,LMC M`T![*D;J+SB\%'H2*5XC54ZM72U2\_$RG*CI7`>/K$8C*-,S`J]3Y;Q8U%<* MT%8J'4B6]5W[;`.E#.A3(WRTALJF;O1SAV9[]8I6)FL#?%X0-!''6T.R(=0( MP:V@`:0XM-E6GG#LTVZR/$!#! MN("F3AZ'6./&H4`@U2CZ#*"9UOHDDAJCK@$N/6!Z0=8=;B[6US]^>6NWCC]/O]E?E.E6,R75.JMA7%G[:]'57"H MJ(-E.Z-(^3;)&I+VU`\T!_MB)7K)@B<7?N,9@N!M2FQ-@XA"!">&BO=<1"WP M[H37ZR[B-0N_Y22J!#FG+$R0((QG\]P8?:61FZLD7[O8&QNTE6`/50JF;((R M*7C?B#M2"6I3M?61Q%XQ"KZK-%3SFTG.O:I(*5TY7"U'L<"^H1&9:LN9]=AT MEK7BT0.+<'1X-FD)*M*$'-(;X'31":-#>SDHKE`_`5*B5%TL<[[P;+$=0#9! M`2-=LH)4419;AT=4V-_"[.3%SP*=C;P8X#VYE(S@HR4,BE2&2WZB6NGW7='" M`="YJ0PC]S7%OU[=_O5`.3+./;"F"$]*D3))!,M^)`8"CAUB&@H=(1CMQ^A/ MQ'^BPL>2/K^:[U[V0\'.^B_3M]^__3U[>%#,?WX-7V]F(V.%9>C\]K.HVAC._EDI`R"A83N86_J<040Y*JJP MZABB_O&\0@J9='*.S8VU$5RIW7M#H!X]A[GC"FGDD99]:(4TI1X[I)`I<%8B MDLIM($P,.=IQA3S:+AU2(7,VV9+.B;Q%J=DCNW9-Q5:5\KA".C>YJ+VK?&HA MV4X(IX$XO?!!LWELI>`!W)-F]T<*::NJRC+RVC4JJ( M\5V2`*]/W*T**=DLRLI#6\O.%2"X84AXSD$E/VYJP!Q%(3=82%.R,KHV.,G" M.;Y*T0VD;46CLO$9A9S>9.A)+&11/@9)Q2.Z`C+6N>XKA^!)CRNDUJ]/W.TN MVT=)+EA1*@%APJ2AC=N-)NKQZ`1@/U-SR]'H,`ATY]RS2`P8H@GLHY75E+(8 M5)"\B?W(9`5N/?-\].=W7-BFP%UF2#)&0ZP8-EM09(?H@2*)_CX(V`^MW[CO MN;(M"5?0==H&6]-<9PT%7E\K?Z*($'K(L$O6]U_8)LA,0>TLZ&Q",1DH.AP* M0R,IWMP>,M7=H3VWLC2[[W:L/['?"#$^#UJ304^\L^#97/N6GX@<9=<7Y-?6 M-K:"/9:XZT\?)#).G[7C$I8;\U#A#O!:12!F06@1)% M`]$6&K:Y"%,L==N,(,WH*I\N8J]U;D(S@B!?ZFC0R(I6ZM0RT1XS@TS]`Y18 MHPE[T3HY-W]_M322_/7U;)F&WUP.M/'+_[^SZ:FOJK8DY1"5X;C"&+^:`HC_ MS]ZU-<=QZ^C_LN\^1?`&\F6K>,-NJDZ.4\F>A_.HM<:V:ATI)2E._.\7'`UU M:;:ZIV=:&L6[*5X#ZH5Q)@Q!QY+X/W,&U>3 MDEZ"N>>R4%;[D6I34$>*,39VY2YE4HWF]Q)ZCN\*@W9TP[2E;3R M:IK^UXDTC;J[;7*+G';)'0Y\"VB1#(B%SS%G8J',=-^TMN&S"O_W[3\K_."/E M_HCFI6,5E(\?-Q]NM^.5^I^_J?,I10\"^D MOM,=.HG)9D\^AJ0$(IJF/K`)NTMZ;?7M/;RK>E3O/_['U=7YS2]77T8(2$ZX M!YUQ)!)HZ[UP')];:7<3PHM%"'WCM59J:+@.5<2+*O14NY*COE08`Q:?@W/% M@K]7*.E^NB<`#JJ73J#1>[WL)M>_J2T*,CE01BF'T4D.$(-JE+U$N2<45'X8 MVARNB!=5Z*FV*+$_S;M29&?!*",]N\_WXU=SS^$"QL+!6W0MC0=B(#>MX.= M<&0`FQL.8#M2?^VZ+W]^V!)T_\RRO[\<+]A='(I3'<+DB6)V+O+_J&!:9:5V MX/N2.!S4-BQ!MZ)8,Z&YC'E[P4D=M)?D!%%[B5+9]%[7.ZO\.F+5.9@U%GI_ M66>\O/_8^FK?E$F0['P"!JMCY0HT(5,$*;0&]NDKU7Q?\6.>FM;GI#Q<%9.; M-#LT!NH89J\IBAS9&^3UTMF+9/IA[*\#]S0K1TC>\-H%`.G<=A!3\H"DR.>D M^Y+B%U;%S#E4T10#*J:B#L4D$'7;7?!=AP:;I=<% M/^DM6!N+\QCYY`)I[51[-V>7CT)'3\*7D3D^M1#KHB5./5T]1M^]H]L4R].]D4G%*)D#VKY`+PM=/8-;,FWWD/ M!LVQ6%9E2E%HZN`7S]&E3)`3D6D(A:3]XQ'WTY8M`318Z!`K2%2]`!9V,@"Q:"YC-U%^D M8(V#XU'-W#'2B<0:,4Z%.HV7V!O;'8U<&WOZ;G\[>&\]%-3DW9&T(L%Q5#&6 M^(]T>-]&3A[[:]OBH*GL.50/&^[]Q[]?77[:$LG=N5?_N?ER3E?7_SS`1TJ4 MHHU(DB,(S0Y05BAM30MYP7AU9[RU'C12[@5K)4$F^]D""H4JDP*3,Z/4=887 M80P8#6^4MR/(G`MN54H0G$\VL$3>23966T&22=/#=0\0X5W-:GV)X<#<Y8)LL'H&_.13FHEYD'M88,DYN)_3Z@PI$#!T!49[G$ M5MF5?30C/3Y*&/?:0LS8Q\)Q0Y;`<5R=T>URY8?>":&L M/"7DRMT6M%*A*%];''8R%$VQH1TP-*PNPZ!X87-3_F3W_NKZ_.+R[/K; M#[>;7V]6ZE-T8&H37LW)1I\A.H[%6[)!9-$O(%H-"X4_6)J3:FUJRV#P?.VF M)-%CB7R'P3U=IV9?9:2`2*)=:H#^@FJ;L18^EVQ1`WGGO"JR]KRV8E8D[#,_ M(-7_#:U-7A1\.?,FJSRFE4(C2!%:*[$J:H0<`5'[OXK6?KRXO+I^-".Z#H=^ M\EON1DC_N+G]?+6EIKT;W++<9="@*+&=8Y<,@T4+5M[GNE"'_OT!P:MCM7BH M=&]*J]-#G8T"/L\814Y*LC/O0XN/E!_)54/]S/^K=2ZU:;S$M*WI#1SF^OP5AEKI5WZ=6)]/=['&C!Q(%C2=DMP=:>0?).&8"S*#+X^UJ]:?- M=3R[N?C`OSY??/G]=G/^R^>S(:_;N)F4CV]H64)4F@"R9K)O@$OT]`S>%Y3Z7\]+S:;+@Z3LI,+:]NI0[J2NO/;!3TBM%NV. M5Y:ZMS*/I<;B;'+1"V6E9%\?ZG*= MI-:!G1GVLI,6*5E$A")T\V=BD7:D[./MZ&SJZ@LZR((A6\JADHNSK6LU!1FQ M?W_BB\!,77VO+->)RNAK17=4QAK6E0JI4'M?YC#,]4'^6]'97!1>,&I==P0[ MER(0E?OD*2C7VX4W(=#DYD9VZMA0AC)/++BV!"=1SVDN"0YNH8!&$5,6J(L6K9/!.;3=^]MW MJ/J9TDF92N!SZ%+*7DO7[$N,*I>^7G#(^OA=J.=$#0RY6G;!89Q7,=OR4!+E M@RW]4\9WIOJ9FX^\LF!)J$`^!&"%B%TW:BS:V8Z*^+M2S'19#26-D33FFG`' M[T.Z/[))3+X'OTW%_+SYK3:T7WXJ_!=NORV^7LVV]91LT1"WC^7@&_M0I=T8 ML?'>RI6.T@#[ZVKD-`WYA")$YR5(`\D8#L):K90-3G^GVIZL8B\.H_2"K14I M9;.O`Q=WIDKH$1[O2A+S/6CD-`U7=\_YX,6SH?)HK-H?I8^W\Z4IO!3(*5WPA`"4< M65-GA-_/##'#X.^))N2!.^-DFIA^/W#%2:$$Y%HD3I9C/=*M;DK1LK#*MH+8(%WKV!FG' M7+C'$!8CG-$C[\W@@BA>ZR(9K++1W*=G1HX2N+&BCBF$3X9F_7`9/GRX^KT. MU3K[5MV*Q2JM?(TJAV@*Z4KXG:6EUK8DT8RTHNKN]$]#.E:`N9WKC:Y,^[+L,#[!6D&-NRI/ACX"+1O$Z4&*C0J%5[6N7NO0;[+L22X2X_GWS MJ,SF[D0=L38B8D:VY,1.<>6I#MA&'&6,(RTA[Z`KX5^*<7T99\U_3`H=H##: MH>1]@O355Q,0SI6@#G"":6@",DG`2O+$9OI76]R*8%M0'<\NHKVH]#7 M0W1Y>W5]R"%0("NC8G8V5T]4\RJT:0)2Y+XQ[QU(Z#R2Y_$<@WQ&YRXF9)T+ M[13;)!\Y+MG-\1:B&-?/C[*JKP9H]K2Y* M6$VL7O60=E#DMNSRT\7?(_?_9#CE/+GCH+L,"H*"#%G MJW)]"S&F.O41VQRL,2J*CO9Z'T@KR#!%81&BERY97]4>`F2-D'`7NGHZM#&T)HH.Q&$HIWND M>$QN,J>&MG05E'/=LAR*$@DV*S[DK&V$YNJDZ*$/ MIX>^VEH8)P,:--&C]X4M7[87?L/7[X`U5P!(DA'"NH\PJ"LM:AUZX+6(H_I;.@#/HOJ MSB?Y1I7AY_/F?$MHN\T"_[RYV5Q_';I.\YP^16?I8VTV#R+7E$XSI+S!++8=820MLFQRJ4T^K(DV71CA0@B[C-Z=L4=A= M\#);`HP`7GMHY/=*A-`%!DIVV;.'KUZ`:4I]IF@,@H]*9#N48\G24)N7%CB: M[Y.DN!33SV=__'C&&_J"O_V(K1JQ9$?&!N,Q*%^TBLVA+%;Z[E!I,73!YO`< M#7]*T74^&VAA4^*8*21=YYHW4B5=ACU%E4MXZ`XO@O\H7@^7Y[_<7GWXG\]7 M7\XWUS=W_67+=.\Y),DJ@).4.;*R1&WG4@IL:#MV,O[Q4Y,VA^=(\%.:%T4* M)4D']EMRIN!2VMT19"L_:[=Q#$BY"OB#1O]8MD^!V+453H4BE9*RU9Y(U*'/ MBBHQ($ON$2P&..FX6@E1!ZDBY.+(H6\L@75:ENJ\%N^\.!!?+0D\1(>DR?$U M@-X([ZVN"]]T2)3[X+,>MF>7_`'$(3`G[RY67F6P,XK=U,AN:6F-"@0<>LB\MV<:@AKKTSTHO)O/EYOW'=+TYO[AE7-OTR.YS\>KZ^NH/ M_F7I[#?^R1XV](=_T),;P`JE,DIK;/:5&'!7YD(".=`:6=OM/W][(NG^Z-85 MZV'JXY/?\;1LYDL+4=UG98+L$]]F MS3VR)0!.M7Z`ZN`AS+HU?U.V.,47_2R( M(Z!.YNNSB43DDL,4^"Y)N.OK@I^NKKQ?GF_/X[9\W]>&88_>SRP]/:L(/8!SEX!:=1ZD@L.D* MJ;7Q\;6'N>_U=DH^]:3',E%E9(KT.(M9@=+4<\;;)A%L[J7B8`Z?T+ M"G7WQG_<0GE0+N8Z,!AE$L;4$UI5II,EB.3DS**H4.X8#P`R00\+6Q5.'U8\0 ME:D!:]'^X%:3:>ZA&6R.?$"2MK)FG8.(I1%.VSS2&:+![76>]I#IH2)X.>5N M$625!%-T0<_.6,ZMNC3Q+=?7A7@8$&4_^?Z%R"8S^,IK5?M39328:U;AGE5! MV#(V6`5PD((\&-I@H2B>0W6<2QEZ8Q_R2Q]SQ*:D,3K)+ZJC.5ZD5+SMD MHHC01T1;7OXGR`;?OQ#U_>$VFI6RRYW+91[V:>GJ0`" M9^J0LQBT];E$;/F[DM8RX\`/POE">+AR,3E]R(K52:47O'6 MU8+=R70_\29XOICZ(HSAE+8.PP$()[L-.=`+E+/-B6^CHE4;(\=W(V^'OM[" MJ\$E=#3"F=.4=:;(?TA&1<:RR1>MICY55OGN]#N]L@KG"'-%RB4$2"9'(X1/ MU`9HQ:B*Z`-2;:1;@K#6-/1UL@?ET#%BI1,PJ00;I8M\RS?3E#G6[X?L#'(/ MTUB.@CT9\PL.++,VHA01$\1BS2X3E8V.IUPB%C3ASK M2VTK5Y*7+=)*Q;ON<@4QL/X]@,7X)A^*E30NDC]*VN.XTC.?P6A".^3N:K[(&U'U+F60[ND*7KUW,0T@/$. M9A`S`TKPKW=FHWL(=#5Z;E!2K!X4!#!'9G95WOFERIF(+#A<=@_><11<=3T7 MPO@2/4[9%R7X0MUJ1R)'Y4B`$F>LTHXY3D&0*G2M+=X,+)`!V@^A,BQN[Y;U M#:B%Z9?ZR=#F8EE/K]LRS>7#IV4U7P%9N"QJ/FE^FC4Y03?YW_O'H8>#@1T5 M!47!F4H2:XC.:1N[$$HQB/O*X*Y7[#P/']]*5..[%"&PY401B.8\G`CC6==T M"=%\V0OPQO(_K*BV9>R5DNB]$[A',5%'Z"98LEP.`LH-Z*$_C*C&US]$B,*9 MH(FDX+G4.K'V5.6LU0!<"/U-G:K-&#E"3,`G/4.>^%"5NG<7S]JR)'0*(A.( M5G)0Q'0;[ECF`VBSEO"=9;(#P6=G?K3)7@FPVH1[Q2/<(>9#ZO#:,P0:)5Y[ M?U7B;YKY+8J#@RX5F:7@DLL4I9!E-\FN!APL4!R_+^9'8XW4(%$QJX2,&CQY MX=HG[XUUO#0PVNZN-4_%_/_,EW4UF_Y?/?G/Q:P9%_BZ0K<&1^>QTVTY76'S M"?PXO_Y0+Z>+R>$>2HS2",JL5T2H##$"[>Z#X=(/95)WD'YA"R4&F9*3@(4I-C2.MOTLLXNT,)-3L`+4E&0?2.CK@0*)S M44D"JL%[PD,',I'!,4D#!X$/J(B]23WTV$JKP&O.SACIN&*X;WG34(B5BI): MI09"B6%2#B=Y3,"4?HJ&$A&D(2YAGR*$*5GGY#O(`<-T*.I7;U@O*[`G@:=E;MLZ2\NS MIX(K[B5Q7@G!6@N9G8PE(HGNK3D[$6\?X87+^\MU8P!>8F+3=OKLU1]FU9,- MZS_5=^NF$16?:_&Z;5#MTL.SBY%G$1Q36>;6!&9FU,#&0=7#-WB)H4&N/RV: M%?'+VGVIIC/TTN%M/U58S.K,XOX)K&9?FHF*V4"#`0^1;-;5^%S6UZ6AO;3F M'M2=CJMM!4YJ(20@G..R>?!_I>W05V+$3'-Y1GLY^9,QY>_!3:E7JWK5[,3> M>E"[US=O7TV;L&QS5'^\OZU_J;[4`X?R:5N"#)IH(H0/BB2<_MYL#\T1K%P`T M^U!W0K:V1?7!66L0V$EBBX/'I9&/;%&F0EF3.0M#H'WOZN7Z`=4Q=DI)DTR0H(Q MCTIWJ_P8^*K%`S+#-FY?AI[8PSAM3"&8@_K]U==GO%.JY*DR`,6GM/*)*&\@ M>$D:S%)KH2@+O+!032W]&2_;B3H)$Z-MQR0Y9X0'/Q;()P'G1^&^4":2#BH7 M5DJ87D?0JS"QY4PE;RC3SL2U!Z'FZWY3N2S]XU\SPJ MN1!"LKQK2U/2EJTSQ$AV7FYQ=/C]78/=FWZMEY?3U0%&%GQX"`)>UHUT+-:"R=O6-(GX"# M_G.U7((6?VC:2ZI9F%6KU?1J6D\.RGT(0KGVJD&6P5!)<&Z[")T87PJ_A^&P M(U&G861T9M4%IWT`DX*7`T*A9-MQEVR3+9??@%-Z"D:NINN#.MB!.(>3_%E" MS,.U\;HMK&2(B$(:+*D5Y[[]\GUH&D<9TCX*EZ-!V#GNG=<=RI"S,@X`L3). MS+%$;KBKGPW% M^OMID^C>$M&)ODC+$42/*;4(-"L"IRQ3Q'T$[=RN*L\%)>I.4(HK?=:<3?,5%"4)(ET(B\2DLNNL=$-VH_IC?=>& M9^^O6@C(SP?$O#EH[*AE3C)-'`VB&^;!Q5X#Q2_5ZTH8).,00K?M7L..^:`] MZ$IK#`3G5&[RZ6#[BNE&7%JO]Z9T55?+RQO<%U%_J6>+YHP?.JZB+9ADZ;R3 MN.E#1:JZ_%4T\,O2S^9$]@@>(>=(PD=3X]DE)N'_8!BI2.#)M:GQS,##",69 MT*P'6'(VPK?8>.:4EM$'$B+X00J.:HI=NS6AN;`L3,C7(WP4GQIG$(5BN/(@ MXCH]Z;I;:%FFQ>'6@O1OX1Z$KY?3R_537/'#.L8Y]3E)"H)..3&<8-E@%R0. MZJ1T^0GM$_TB*4?0/%KV9"%;IXSD0J-?KU@[IPIW$CRQ4MV]'LTG16-YZF^A M&A>$<:H5Y:"#B.SV"60FHRUN1;/MY;P\GQ9NY?FDI27&B4RD9%$Q@^!;KH-9 MT)(7_EDQS+@?MUVE*]Q4R^M#)JT@'D$8@A`T\4I08X(()AOB=`0'N1S"87VC M5A)Q&)6CB4L'D1R1#O>XI4B=$X(_4JDBHJ"^$I7;-K8;4/<^9^,LDR$C:KMO MJ41LMK%RQ.D('.U_U13"\@2:4FM'5;`106H:`C-H^4+['$Q@BWTXJ,_/7DS& M\,(Q`>8@.&>%XD9W>$)5+U=LD.T[NNP+9,4K65"J:KM/$(BJMDP3+3&U+8FX5FA0>FKS_6S:L^5,L7*SFC3?:$ M).8L'&\C0P!.@NQP%G0:P.-3ID_X"Y0<1^]K;>M]/FWN(9#0V2L2P.US6L"A M[.;C-;B_8XFV<\AA-.040E/GX?;$R&0"7Z.;1<9.B7(`C4G1#X#.0O`W6;/L MJ$O`']?<)I"%QB;N8*D+/E,A!U*,O;&ID\MBB]_E/0UH+K(F39#!P/ONP$V< M]$6K(U6F[W*?GN!Q=S:R0".$UHY;G'9.7108K,NDR-%QH?J9F3T(WE^+Z9AE M[K2%$ MJK8>9(Z&FQ,K<=1+.9>[G!WPITLY,VM>F8_5M/H``2>8I"VL9!Z=@+A'*RN< M)8JX#C'.&T%E"2S85-E>D97TU^2V/8Y,`G,DTX`+5B*)F7:U0K`-)0])`Z!M0^)R*1*31]'4?R0['G%`# M3@3/)!GA4[(07+?#[,2#!BJ1+"@11SV/+>81_&8E=\SEF;2YYB):"T(E`2(>$+J\0A4'M=/G8^YB%ZG["U'?YC M"I=]T.[&2J;-P(I5WH_1SLO*#L?<:'`-->A$F5((7%"M.R`/&D'-#\!*#[K, M>_`P6I_3S)O(I1,6XEZBP6757>25>2@-I&6T'[,?0,_IC[FG)BGPLBREP7&' MD4BK/I@&HHNRG>7RV+-Q+FV>O%4N$"X"UZ#XT"NG72X<7,OBF4BP7Z_*R@[' MW%JI/(>`*-AL#)/@#'>K6Z5F9165!X_U;,9!G'8N;C\1_T$Q&IO;SU% M@ZU"Z`8RY0QA0:HN_($0KO1RF][1)P2^3,LQ)(^V@$KL!Z%!`Z4Y26FU;1M> ML?.M+(.I/AKE&4C>5MOEWE#0V@AR^KAG.749`K"M`T&QZ0WXG(?DT5:0F$FV M5%)O3$2Z0X=7F;!KND2`8_PP*=]4R]I7JWJ"8\CPY\-@\XWB$<3J;`X!'%Z"$S'JF`P'S:8W%4V?HBH\$=I;5G\PI0Z; M.J_KQ_ZWKR]IYR3<+]5R\KCZZ(33335OFW+_7J^:VN+CM/>G MQ;J:;;K7]M8]5%H)/JZ`6ZQHUMR)-M^9&6$T%_E.WEL*_6W8_*U*NG_FGM:5 M+=P!&E04P3)FA97@W&X&4$A9D*"TKS+_*>H=53UXM)$XKAQ"HRN%J:*V]@.2 MCZFXWM+\4]`O"GJTP3*I)"*"T;I@-0;!MG-U"5C:,B&DQ1]&TKT1B=6S[_IA MOEY.YZOIYJ"Q0U<`T\5+P9Y"IGLP]-N0X*B%YP&" M2$(9IM2RU22&T&E;";YJF6LXR;G\?^)]U9VE5Q% MRU&6;RO!Q;+9"?2DZ6K/%@<<;U76I.S`>;5!\M!YVV!'0MFC!-%DWRTL:3B` MR/'^0VI`V4;F?`)/VQ.BNE@Q1U].H*BZY4R9;V9Z5;#SG93,Y)WHW7IX35K)RQ+99D#[8 M$NU$\#[82)B,N2O?D%#FM06SC)K-;'#6UH0B MB!>\#_AZ&JI?11!C3S<0;Y7F-H9HK5?>J=".,R1O0GEG$&^?G5L0GY9UM;I? M/C0?/6`FM_:P9X)7R2A@0""Z/.EJ153)X,OV6T-[.9J2@KT)').ZPF0^XN9J M!_9*:>M\YZ)+.8!\M3>!"%-WN;B>(U#=I^I77\_KJ^F^ZVT@,/!2.,-\,$0S MKJWM;G["9NRM+>8O4'$8I:/R3$8QBT#M3G/05=AUU#YP03TI?"+;0^0_@M!' M6$#$*:WGU:S=FMV=ZA;D?T^7AS3D*\==-E(D"J>YRX,9"#7*C-TNO.Q"Y_GX M'7MX#>J_I-%K+2A8#TMR"]!"P?ZY@E^]T[,[%;\?:QS\1N_W8[VZGV&V%AN$ M?JSN5O7[*W=W-YM>-CM;UM7Z?@V_^G%Z.UT_=H3MW\(D?&1,4I&TUHTGV0V7 M)<=TN:NGYPF<@85=1`01_OKGQ?UL\L/M'7"1KJYJ[*)#X7^LUGOJ;NFUB4XT M/2Q92F`Z;`IU48OB*@NUT_'?0N-9V!P[]'"]?6"RZ88&PRL#5^FK!2CMKNC- M7IR`S9_KZ?7-NIZX+_6RNJX?UQ#%Z0R.0.N\O[]?KW`V":L5&\#UO;/91FCM M`L0\-.!Z-.Y#Z'!8LHA6#,083Q@]D,JS<3I:+4?D3*$>PG@F/4BNP/Y(ZVG5I!X@-!C@47)+G^FA/(D_. MX-@CE&`X>,(U2+@WG&@3-BMCP-E@0PI(\#Z@RC=E<-L2`HV(O\P(GQ/S'@RG M[5:C4^F>[=':,"AH;^W7MV9P=/>[@K`\\N!2L$9(>(OJFDH)4\^VKGUED*BS M,_CXIL=\D:]6T\O]F\(#MP'SM@+NG_2,ZK!9N^K"LV:>O2]?0=WI6!K'=*`J M(PB>"3D%)2+"%X3GSF+E17!?NG:0Z4A'@BA'-1;MI-'E'N/''7ZUS,K=M46VP M,4D32&:4XYH]B(8[YHR(@\SM=\G.S-SHDX/80$-LCZTF(E.O2+NB(07AW\;ZJEXNZTG;,MF@B3S^)BQ6Z_=7?UDL)JN?%K/)A\5L>OGP"?CR ML\7E/UYF\NLS,YIZ'`P+UM%L@F9=+RJQAD;RW7_\:;9^-YE^N5BM'V;UOW]W M!1_YYJJZGWGZ:WM:KB[_5OUQ\7-Q6\W?-WU80T;ZEY&[][KL_7:_?]=X^ MF\[K-S>-&-Y21O[EW5TU08[?K!=W^*Y?WR'!;ZK9]'K^=E9?K5_\4/S]$%'3 M^4V]G!;O>_P17_YVNH:/OWS\I$Z0%ZUL+^`!7&Q^B>*]6%Q=-`*^0`GC-W^/ MG]61\3TPMP^?GQ?K]>+VK0%.G[)N!CAO?I[.)Q!/O&4"7G`B43QG?-DR#F=E M-5VM5Q>K^\]X#M?3:C9[0.ZKVT?,K<_3V0S>L%A>=(A-\.;+>OH%?CF=7U23 M+]7\LL9W=)_9IC@P$?7GBZ]BO6S%>MV(=05BA5!+L"X!_YA,X9/7FQ?@YZV:)U=A+@QIA`MV4U>3/^_]I3B3/KVL7_[26?49 M)##VE>]1"B"\(3%<7,(#@8=27=Q47^J+SW4]O[BMU_]ZL;ZIOQ*Q^?+F"U:K MQ>6T(72`!]`<%U\S27\>/9_=O__M^Z/4RE?%M&G^01U6%,"+53N8P<5U.ZO_ M;^]-FQLWLD31SS,1\Q\0->[;5?$HF?M2U>X(BDM/]2W;U55R=\S[\@("DB)< M($`C`:G8O_Z=W+9)8,D^>?;VE2-(!;&I:[V+KZ%&/AC0W MVZU&)U8*6NWI3>.L;.KLM#KD>.@;1WO,HY*^&O_'7"P__'>C6__0JM<,A+F2 MYPM$!HX1A'CP`F/O0)SQFF'>WP?L'CVM,\`;XP$1IT8H?D_3"Z($7XRY0!CC M'K&%+G%]:HL-<,`78/J+Z:W$)OI@='T`$S*.W/2V]L7'L?4??6)7[*K-0O<$7W>`NRI2,!92?$.O()#<0 M6NZ''*=KKJF\V<]2*\Y^%1#[PV^>76:&MZ(6-@.&_G[NV,!/E8KA5&0^K67E M@)TLM_7F:5A))BLAT5A^1_W.L8W_%NEZ1\,J)<:Q(:TB`V# M[&&-?QK_7@C_/I%=O2^`*Z(%%N1#%D"\_GIMW"/>>Y2/PI-!2B])Q1*;R3VP M@,1W%=PU14W M7;8C9Z6V(VFEMI&U8JK+#!HS:STQJ$&)06TEC]<)-CK!1J=GE'FA>H,ZP::" M5H,.^.D$&XUT94(ZG6"C4:\\"0XZP4;CGTZPT0DVVI?\&GW)K7JMV>JI`DLE MD.`H;ZV6@2\*GTH@EN8N6[F+3K#1W$5S%\U==!Q"39/--Q1TRXG;;^S.;D![I@LEJZ_8HQ^%'-_/KLF/.2`=CN]:7_:Z8PZ MHVF_=].;#AKM>D]V=)_6ZXWV>;N"=;=D""E"B^UNO"Q<,QD\AIR^@ND^,90- MNM80<#8(T,>GMCR5!M5H*4Z#RLB-_23((2M7>3QT>:YI&\'\Z@Z'7!FYB:5R M#&O9ME%,$MU96U!ATIQ(.D.GMDB)XM%B809P'8>GI2=B94^$R2&]<5[:2S@RSDW&,#/KD:K+0+`J4\"8>P'[V-!32AD,\L/Z/3> M(Y:*ERG+`ZP9`>-+,=3`78GV7S@NQ@3#P>84[IC_Z2!7)>AZHDPTHQ@CT$;)4R(@>#ZV:SWNPU!_5VN]]JMTN4']D] M=_)9KRI)G_ERHV\,ZUO]X$?>?:5E'*6Q=ALIOT_&8[8.S&)0RF0#\_E MR.F\.957>6['+2F=/PLU<9*HB=LD>:+Y&:#P*?.P:'36Z*P.G7\!A:]`;*Y( M'E-Y,5EGUVV@[%;+6<>`-*H5@FJ;[@Z-:AK5-%?3J%9E5-N;JUV:R1T[3/O% MA=&*0-(S`K1J0"P-X#0F:DPL!^`T)FI,+`?@-":^9DRLB/>OR"A_/#HR'N7W MDB9>66!RSOS;TJ38OFTI]R2EV%ZAPW^GG1SG$?.:0U2,0_2ZJG9=EF/$^W0% MCV8!F@7LJR0TZLJF@&@M0;,(S2(NCD4T6\K"A&4YQU/5A*K'J(J$[>?`MR,K M-&SVP%Q_B<42Q[C`FN=T@1T0+%5/7P-E9OI.F)0%-XI6STM$8J43RJ^0LAH* M6^1HTM*DI4DK50J;`TU:FK0T:141MU'7'.4YH%RVJT9'@S]\-5TFY@0MS.`; M"V&515!?]8BLH4Q^O0Y:*A_95%=658Y:>LJ(I2QX7[1.I\GA@LGA;:.NI8>6 M'II<]G3#]91YN,N"^*>*#QU`V@W;OS&/!:9+1HMI+QS/X2&VV7HX9)C3*_0; M--25%^RHI"GX7MLPA<^;&0C8ZREA3'0[,26*>=R26M M;]<<4G/(0G5)=0WB3P?G05IF)7!5F2=%,U#-0#4#+1\#59B[K55,S2$UARP% MKFH.J3!Q9%"0MU)SR-UNS!]IMO&VZ\^VL`S0JCV7NJ#%BH]X^7LGA,=;LL0: M1]`;PT<&,[85>X93R;0YSKV4"[Z=,R-$=[;A>&'@>-RQ MC`?3C9B8QBY&L;/O++`<'-UN1W#-/D/F^V9CEH0GDB9%E0S`L:7#'D! M20&@M`3,> M\5]*]NKY:LZQ>`I&NLV1G)J%5T+>7%=$.2E`E-:N0OEJ:W2O)\ M>Q\XK`W=%U(S0QK!IY"&!D_&[[P(404?P>,K@?O@DB9G]RS#O'=4*'<:QA!2QYAH%%3?#A M"YO]]&8Z1D;]C];_WH[?&(X-7YA6>-5HW;0&S4FWT>W4A_WIJ-]K--O-<7\P M;3;[W7'[S5_7)'7V'&^=!8#D%_9H?/$7YN[(P5."/NLY;G1!L!?IP-H8SBS! M:&3@^+X:.DNU-:X8[FX*=T16[HCY?43(ONOZCTB0;QTD4#_BP+7X.R7GLS'V M>R?"YL))]1@_)5SP<_8UGA\L3#>/TWA-\F!R=!L6&*19A3Z\1K`1`ROF`!A,TE9^_C/S9P(%UW-M$X MB3GTMV:6[Y&J3&OYZ4VO]:=GHQGY@(N\L7'L?4??6)7[SO/"JJ>@ER[DG2SW MV>FWSY1`O/!TW$T6FQ,C.2G2/P[2_9W"?(=JOTM2;K5;=3J'QNTRXO:86>NH MW7@2M?=.E*U(^X?RSMT^!,75P&W__)"J`5(CG4:Z\P*RZJILD3,_FOIX%K\W#$HFH MRZ&L7ET/&M#VT-X@'/G8"OV>P9V4DV7+?NA:#T0IU5/FQ2S+>6N[J#Q"IW+T M4$#?Y$NA"VT?[8;MKR'\9IB;:<"%:'+G3"QZ46IL-POJ(7H`T,J"8EJLE4>L MO1X*[+1ZF@)?ERU6.K(\`*M4-5"K0L>J\_5)NYAV:*U:1^&0RF<;HE4!B[1: MH?F7YE\5X5_-6K]]QI;A5<`BA4K9[KZ-V\OA3RQGSY7$WT3<\1CG(W]QYWCD MGSZN`KX^G(XFHYN;^K`SK-=OZC?3SI`JX"?3]F#0&UY\!?P?D<.=Y^>=EJ9V M_"@$+LWJ?_74--X81O<1#U/QVN@H;&)2RW;,,)918,VI98R2AV,)NI(')3W2 MHI"'IH=$%+?I@%^4O.)3M&"/YI:4P&,>)IJ9F"G!B5XQP$)LPPP-]GTI-[&K M70ELU/;]P'`1=_'".\D$Q9/C7ZR\6<'*R MM^FZJYKAS`P+]`L3'G8?^)S#LZF#!B/\'3CCF$)&;4^"7W"$\[@I3&[EKV1RLRT\RW5PKG#LX>QMF5E7>P& M386\RU0'X*)[J&T59PA6'MW]SJP0L&DNL5TY7.*:GL5`4`[AY##1/W+33D-TBWD?,&9?14L\PAVWUW8CK[@=5Q8P M0'9%&-!4B`$UXW'N6',"9,`LYCR(#FI9"0;TBZ.:J07N66-PXRQ9J".JNVE5=A>FJZG]:23M"" M.W'1'UU*E9)*1U($'<]R(SL]K1TG`S8:`!`9=GYCH%):BK3=0K5%J0DD;>E$ M+S?`W849P)6B$_@:MP2-W[>$6I!(*6PSN2"(I%H%'>^^A`*F1;AF2%+/RK?F M@MQJANZ7IZQ?7K]]/1C4FYU6N]%HU;OUMKKN>>T3N^?U^^=N+E?7S>6J&$Y[ M714/]#'KYJ87V$GP/T?8%RB3UQ+*J0DW6))2ZK]M3P,*3@SAT($CA>:WKV# M?VJ9M4^/S,Z6$+N66EIJ[0#AWWS?QEPN+:>(>IH=90Z)LIRP%E5G5IP!52 MY[WK-"I1NGN^`O!3!D%4HS*\56LJM("/AF/DW%PPWYED,I_H]..-_( MUG]D`4#&#PTL`P@[GB6^N"9Y1Y%96L"$=:*>A7F9]W0^N<.,"Z^HUHJ:%\1M"_B268*_QDT84+#&S%*P8R[(2ADSBB4;V[J2+M@7%MW/A2 MQ*T7R;/T29CG$*Z,)4IV61.QKA"P!!<8"KV` MT2O@6(724!,"&$N;K3E(.R9K%&&AV>*[Y%5PSD`R'CQ`E(I7IWATQP$\14:* MU/*>0L41S];)G`>X* ML0[4U=`5Q?,.YQ$UK$F[0<@W4",!T5K`9B!I%AD*PQ?&G.:.T?VRF8I8I!%MO^YLN89N6%4S]&S\SR0MJ:$Y6@[6@F___3.[T9M(9U]N#2:LOVKQ-QL/Q<'"V-F_22=1?_ MQR8(CB6>E(+6P(1IT1:A(CW@*L6:@Q303@KHN#\7;B3N+P*:"QIX`-J-SAQ2 MCF6>`#SGP>%`L\`-01RS%=P=?&.@$D6>+328);*=D!28@.0DL"]@'J)?&&?I M>T%N2JV&JIF!70';0K7;5-9IJ*ZVTY!L(`!<##&1U!;0`IPP9I)YI9Y8=4A, M#H`$'TWO&^U/WF29@9W4[J-?!:QKAA/O%4E).!XUVZ9&=[`9%T20D!!R![@9 M14?5:"E41(T;9ID19SN526J<0_B<^$J`LX/X147[@2@E>Y#DJ\`K[`_%QT5\A#VJ^ MB6*20A&75+H'7MP0W!3GI\CFO)`'R\$1_`^OCW4N:WO#USW$^J3;:$WK@TF] M41\-Q_WFS:#>$6)]U.G5IY?>O34#3V+X.8@JZ?Q1#I1\@<7NT)H^L7L0C4/K MM(:Y.:QI;L&:0K6G*?)0,&A$.S[X;RVVJ,#J`G4]0(4Z"CB)U=AOEN\)NS"% M)90V9/.I<,@E\"P#WV(,=PBW6:[I+'A-:B[.O8A?B-B%N"EWN0@:4=,NNI&\ M-2X\E]2G&1HN21>A<.X$]M72Q'**)6@M,1F(QX(J!3())8FR"PHER]>C M(X,%Z-*K&6RQ=/T5/CF[-##ZD/D#?__HX;@J`!!9E"2K@,Y040*C$'Y!-=*F M2R(OE!88D.'291N@^X;-?'!%H+_%_LVLA^,1W4PD9XP[=*[`E7>B>^+<#'-7 M)MW8X%58LF4G?ALAYF(#T,4^HQ:HC^0S,3D8JG>P[*05D8C04-LBN2@N?3`/ M#GL4GC8@6)",?T0`;1:XP@^3-(&COG?4M4M$+&"KEG#">NS>#YWXT(7I3`P+ M%./(%6>.FJRP5@7^(`PY11$JK!4G12)47`1Z":&)^/7#-`YQ.# M??UK[K@LKPLR%VUMCB!&`)HVF.S"N*?MV[*I'8^L>>H7L$0+I@K9'2D:T*IE M]S^,/3F+V/E=DWBV!`1Q$A3;I:MM[4Q6$VX^S"R29)4ZRN&QC@R,1:Z-V#*W2)X.`3T;$=GP06.][,_RVH+EA?2.AF1ZJAF%]O4C)S`4)VE M\!O0@&N,F44(2RW5UGE:8K>JLA@[JBW&-3N1./BZ32@CU>N78NM19I&;&1#7 MS!K)20_1@(?"AX9\V5?4Y?V'KNH.O4BZ49!S1"Q=TQ*^5A.V"1P48R12D`G! M]\3)6R@.7?2&4H0N#[EKXV,H.6@DO)@QHJ`K(S7A)9SCFTOJQ.*]28()07Q)&N/QQ@FW>0O1*J-:T5=R272;CKOLT3[-A?XWN%B3.(D<71D ME(V.W,CHR%>,CO!W(O2PXTGD4W%-4!(H3`JOS+<(,.PH:>Z-QQ&80NVVHR`7 M]1#-UU89HD_\/P5Z9PYU=QSDI5AS<'C8*U-L^HO#OPFYCW_MX(&(!$!)&'"_>7)$PK/E&J?LIO`LAJU# M/-+.M])%3X8-$J+-E@R^XK!`(#.0K*%+_.G1#US[$>P2@P$.^0O'HH"GDSY% MA+2%U85W),)GC8GD5@+&CAU985Y`D=$@K4N,/T;+)5A+`0EO:1UMQB7B)]%: M.`O0FN-"H4#W@HL*H@>VJBG3BQ^08OG"!(Z`10M+$JXR`UEP M"\HR_1ZG1"A1>UJ]ZX&BY%%E6=&PIK:Z654>"PT*::$MI'3*3S@''8JV[3FJ M;(,%?#GG!H;B%$'S+)'V)8@%0N":<'6!NDF#+M3E.(>/OAH()R0%,F<4_TU2 M,Y6*VXA99`[%T7ZP=D(_X.219]\Q[8VA+A%Y^('T>-!`(Q&O$&4/"Q)]`O^< M("^\,6[*_H@$AZ`;67Q9HE(0**-$L*(N#\]E#OEI$V\S2O>L*I/6,)"WV_.% M)+69A0[I.#$/]'DX/-(\B&614W?;4ZZ-%(L^IJ.1:+Q6"C_.4B@3^XN\>`R1 M?T=^"'RGQT!=X13VD'-"\'=2%>+=YZ(@2?@C?1H'MLEGJQA6YDJ$*.[<.-ZQ MEI#PC$FR1^V45D2T(E()1<2(0C`GQ(",-%P7.PD,AD&CP/?`J`'LBV;H.`BD MP9'YHD:.A@7@O!R4PG@HG7&"?>48PAH/2%^,01R2"T4Q@ITVDC2$$NM()%MB M,##^R68NB*K`$59;LJ_#2ZLUS]`\HX(\8TM:0I:*,%2;*CBPP[D?A.:]("6, M]0=!M$S4'').@_%-X,$7F.5YLP+`<49;ZY?=^R3"X'B6;&\L(SX$VA MD[A[XB?(A`&:T02P0^;VI&*)>0>Q7S=;+4.@OL(D=M#YJ)Y*%#\9'^/T`N03 MZS\;MI\KM(+3I@!ZX-P[8@NQBEJC(UP;IBK*`[[%Z7TRC6^+4.T,,ST=CCHN MR[8Q;/4ZO=9X-.QW.ZWQ=%2_Z5)<:MJX:0\:XPO/LOV:\3\DCAIUV;79,%2K MI>O!=YB1PM_%_3G[F[\3#5IRT M!U0H[X%N_"`)H]]%CHM8B,S,CC!,COES(;9_P*I34_B?R-H-5S_._07+)C#B M4$&9ORAW,@4PBS,7&K2Z,?PZ-MXDV5/]` M%R2?&Q_>U9ZPP402%NCQ0(EW$5&J?./'C_YM3B3+5R)B3#SF&F-YT[]AF1MM$ZO4_6[/VN]6`^[Y+MR=D6?XL=,$)ZH(5P5)E[7`U"E<TA**T/KC3C]IJ-ZX9J0%1RVNAF.;DF M%TTN&^32O1YH&\TC"J1O>Z?S8(738'TY2G*>\`."G4$#3A:<+3A+>WR&NH\_QH MRM.4IREO7SCUM:[YDM;RRQO%N14D[9%4=;+P0U.9F:P9U"'Y#JWE=\/V(RQ* MCI,.C@&@LCR20KD8MM$^.Q@/8F=%P+&\2H8F54VJNTBU?=W2I%H>4BT$%5]3 M/J(F])TRN:`<B:T%O=ZZ8F]!=Q-&SOF+KK[RXQX4^.4(0; M/L-?UNJ05JJ=_K#=K_=:HW&[WYM,NVULH4JM5.NM5J-W<]Y6JDFOK[/-^+LQ MN4-]^CZ+^94$QB?/^Z3-%-Z=U$IF:UK9V9KI9#D.6V3Q.$X<;2]F0\C^B02* MB35GKN\9(S]8RIYU-<,TQLPU'VEF5_9[[&_X./===W7E/^+`91[=<<=V3.PH M+AJ.FNEW*^Q^*"9_Q]/.Q>@->(!#@WM"AB,_C;?8-2V>G82SW!F-D\?Y.V(H M8*9+XUJ3.^S3*(:'QMTK`X8M(+'?NG>U[6W4DS$'+Q8WL)(WWJ>^=W!1J_TH MNO32K!<^(*D M\)5P#?]_:PS_9KQ]D_F"6H<:2Q#1CN42EF$+3M%X%%N*WB:MA>6(F$`.W\.D,K>1!B,^5@W&(F+&-JJ!ZW`=G]\CQKNB6CTFS9/@3 M1SDP>O[M'*[D`$-LUOKF77S/T]W2RRL+_C5W7";G2\>LW_%HM"OUPIU%@>?P M.5(_QW%!D>W0X(OP.!DB)Y8X7$(=.3:R;P.'-IKV[U$R)QH?*='+]\2,$='! M$V[!61_X0^:&=U):Y,==P"-L[$F:#DB*YQ?.3!HAE\KR&!>W3UV-;R.6["RP M@ZKCV\AA00M&>!!#G:T!,IG.NM9FU3!%IV];SBG)/OE.3K?F.-TZ3RVS>&!, M9@&"6,)DAW#>V.8;]'(:/+*VJ7@;R.?AQA4P2/&*0XZ2S^,Q(@$S8ZGP.S`F MVJD8&K5#S#W_\'B%N#1%[8#W;;([!A"N-0QN4,-@1?/1LR2`;'KH>3AJ_(L@ M!`#=%/#;:-1CB-4''_YO5=G*+0VQ2+4(ST_5&FMN>O=L?;)@#D^R7;FEQHGT MOD2S16I;I!9)58\$X#.WI/.9Y4B/?<"?L@N0/G#QY6'EX3/F=YN1.7MS3'.* M3/=O.(F7?R3#P6-NEDTAM, MA]/";=*S3O,PLJ`S4MB=IM46Y`HI1@4_%_?*S+D:NH]F6M1]G1!QJ,1POQ0K%T?U&'"5N\TC=I1,,H:VT)MQVMZV$79RXV(687RIHMTT MKNM*=Q,/"$S&*6P]'QRYIVKTQ0\=Q3N(T0M4(%!^0`4B/0A%\K5Q(T:<"2<& ML!\<$6B1E?:4B8_#0^`98OAB/+*1U^1TM85TH>7F*OJ,R[EFK@.@3/`]'BS. MDQF6P'CQ"AL'%;%M^B%R:QJ]%I*?45Z/;ZVI.0%/T?":!].-&+D_28N^!YSW MQ(8<,J90Q458Y=A"WJ=INAQ'=Z(#$U5?,9@\NKMR:9B<&02HC!/`31PQC&8X MITMH9%SV=S$P)_5Q/C&`-)YL1Z>>&6\W%'8O#4N5YXM'6#-06*8C+3-OY21, M38,0!2Y0`M?60`Z<47-*B,VT@>2@XO,@`-E@:EMP1B:?8S242\_T2@QTME$U M("OF#IT`&31%>*W[MI)S_3-:-):#4U4)(0`\Y*65?E_A>`?4`0M=*B_E(\:OQO:'(/=J2,IJ:Y^W3PIR@0V"\DP#C":NC"Q^:';: M-;!&E3RL9DB'J>,!RP":-[\C[@5HX]K"I2L6[R6;W>'B3<2/DG55?7K5.'K"MF-O45Z-QB%=\B$@GN,!VQZ[]T/'#&/C-\N%<@O\ M,_*A!4AXO!+I/+/-A,+#9[>?W[1TBH.(%)8V?'#@[$$^K_8?%W-N>QVTSH"['+8N_SE?H!#1<&"-D2VK&7E_SXMCQ()WM0 MV@.@8KUKZB"F)`01*MV$B9@$(=#/%M_$7JL*R27T+)&K0IU2T[ANJ[6&-R`O M*-3)!SE)N:&<#ZW6G$^MH02:.`M`2HS$*EN:#NF=JE"KZ!&CI^;7:"WMT%G= MB"IYQ6%'/L!VK];.+!7A.P'4C,/V,O,`?52&B)6B1N;Y,1=?)7J`=%_EWV3K M`=R%T!OB@A@#>\=`#XT#&,(AMJ"YS?+D$S=8@@NH)FFF_S(Z`SK@OI/LY8GO MD<\I/0`3=-`+)J4TZ;MD4`$)/CA^Q-'+Z;J^M4%M,K,+R7KX=03K[5PUZX@2 M<^?."45VJ;Q3IOC<8^8;ZBYK[_1W9Z^IX)$;_<5W1K!S)0RE'9@,=';O>&*1 M9A3Z\1>B8H"^$3.5^X/K1J_>:R7_4C=4N7_B3.5>Z]PS><\]S/?L]YWGA1?4 M,O$9OG`V56_'](?6.2>*/@/4`P&I)]^J1LT3(*H1LT#$O/1YMJ5+@CL6)Y\9 ME7.!J+F9VZ:*9[XH&JHO[]5X6%(\O"!=<[,36;<,7L;*2_@R"J72@.ZUR':- MC1>F91;**+_$*05*O*MX'X^6.R`*$/NPX9I,']-;AO20MXUWM!AXD$I><\:^ MK+/36"M6KNEKF'K+K"4!3>T M?5L6,+Y"4FLT:KU>\1.(+@5)+L%Z;_?7TFBNVDW%!KWL]>#=8UD>5B@4(_`* M\-R_L-P;-)4-;W\..I="DN6GOI)!Z_725Z-3ZZJ+N;X6`M.&W1/`_?1L_O0= MF_E4F)X6%9=>)=V_>?6Y2?AMH];O*W/(JAT?5HF6W^^T65E>@?M*:+A?&PRZ MFH:+I^'3S=67D=#Y)?36[=5&7[&]^K%@X5PY33GI;=I49H>5A7BTO5E6\:>I MY'*HY.*,QG.+I$]KK:9RY=0OX>VYG)C'VV;G;$Z@RQQ0?8E&9.EFOVG*U92K M3<>7!-8O^S3(V-HV4JO'1*VU1EM9//-UD)VV+K5U&9//H-;L;+:VU>3SFLS. MLXLSPPS#P+F+1*N9W=[,KE_K;>FOK)G=.;PN/Y)VM.WZ ML_&5#'0N:X*LZL46WB3EF(498O`RXTD_^:49A"LY&D'AZ#`U0\.HD[>:!34: M366SS'37]B*ZM@>,+QF..V#NJC*C+BHV,2B9)9C.H$9CW'2\M%$^OGLAADZ2 MT4U##SC9Z$\.H7C$N15WJ]QTJ86Y$O.@_#O8H;3TUYXB9F#@G&S_T9-3-G)/ MS@\PE?->1;_]>%2LG1T"ELP-?6(G9L",A>/!S6X\00N4!M`C<,"PYR>3M%8X MQR<982;I?O/1O%)S9)[6/.3??_DQXE?WIKE\/W;XT@>L^5O@1TLN)`A`*CM_ M/AT_C]^Z/H\"=@N(?./ZUK>__M=__L=?XH=-S`"GB/'/+/B*$QF2JP@1X<,7 M-OOIS72,N_U'ZW]OQV\,QX8O3"N\FO1ZS6Z_.QS6AZV;FU%WVIUTVLUQ?S!M MML>3\>#-7]>(+0N19X8,;%/_-F@UJWLVNG&6HGHE@CYN-!:-06<`[`P"WONC MN4YV)_TM&RF<"\U\U_4?*>0EIIC!\5M`<D2B*+Q(7;?<^PE]B0@A-3P0)I MTA&RVLBDZ=C>HW4@7J9,/3'>TGA,/^*P?%ZC^>S+,(,V4H-^=SQ)[L&0E49JJ+WI_>G9^E4 M+HF]5]+D`]EM/Z=-YI1)/3E'(^)E(N*E3\JI,`Z^;.>E\Z-B;B*)*G:H,4YC MG%J,T^IA4?AYZI2F\DP<*7Y\TU9'EU89-7*6!#F+;R>LD5,CYXMSSA+!52/O MZT#>8N!_=*1]0EPZW2P4?CC\8?C3\: M?S3^E!`^5??LG:\Z-I.N=D)M[$O2=>E+NM45?3V'H%48M_BV4:NW2]KRORP8 MHQLR5E'!T(RH6HRH5VLV2SJWH"P8HQF19D2:$17/B+JM\T79-"/2C$@S(LV( MMIEFK5J]T]>M^%*Y!\5TI7T] M'K#GP'#M. M&VSKXNTR9_)=F!#5^*/Q1^./QA^-/R6$SZ5%27,KZ"S5CC;Y%ZE6S#9,@(MY M3^-$%KXGAD1PPX]"'IH>OO\8]#PUZ^%R9I"WV[5&LR!G^`%P*X%&?Y[4I/*0 M<[F8HZ;.K=39JG7J!87E-75JZM34>:+LK'>U["Q+6J^F7DV]A\G65E?+5E74 M^[K#`5GO?\3!;'4\.5$S,P:S"'H]*O`I<)4&&3Y=)'(1UN@>^ZPPW96/Q*HK M_"Z,F(HP'C4Q:6)ZE<14A*VGB>ET8E(&2DUI):&T(NRRRZ:TBXXL-GK+_'SV MJT9?<;!QE(LM.IQ'5*09+>%+]IT%EL.9X<_@L;[US?"7HK_/VS!@)H^"E?Q^ MP<*Y;Q^2+*R],F5HBW#QKID*<8+J"F%-HII$-8EJ$M4D^EI)5(L8Y7J,TG;<"+-L"XY2%E._65X75H%)M=L*$5^#CZM\9'HI4O3RR;'`+%I- MCIH<-3F^?"A5D^/Y44P'8S4Q%YE%^UJ)^=+"N8I@2Q\W6FXD_767+!`1W$(: M;IP3O%7@AZ4!5F4%B<8XC7$:X\H,N-(`2V/<:\`X'9WX<$,E4Z9G)X$);T.] M$T/WY,0]V,:91NZ=W^@KRZ&T+RT)R!SV2TER\?LRB4A M-!O2;&B3#37.YW[3;$BS(5Y32K,9"E$%BJ9\7UZ_KY.''%$0_O MT^6%KT6%K#BR:BZI.,Q0T+3ZPD=:50-=]70_S43+AY6:B6I5\S)5S9/Q45F) MPHFGH)ELU7%=,UFUFFJS!%Q6:ZHZDW!?Q^ME^58K@<.E"DM5A[.6/=6P&LBG M,X`JK6Q6`L`N,CVR&LA7M>1)[6W4_%'SQWWX M8Z?D:9G50+YC7(0_DO]KV_5GBQ]EH.,Z'KN:BRXOC6;]3Q_6P94=!=)L+]5. M`JGVZJ=^8(1S9FRL]IB'A?.`,?*@>K`I)8\T%O#EG!L,]F^K6>57M@S9XHX% MJ0QKU6M&L][8S)HY:LD(@%.?)",4DE<0"MC,DA[F]XAEXF6PZK:25=<(#9[P M?`/3M")7>+@=.)`_(N?!=`$IT0V.]XKAI<_'<%PE+.<1_W6N\_%\-3BU]$,`M6.Z[DH!N_KUG_\.7K;SSYV/CP;LM-YJ,9V.MW#=?NPJ,72'$/^X?-)Z.6Y.@E M]MUR(^0-A%GA'%`SAV^:OY62OZEE7L8C4+>2)[5JW4&_UNP,2@:J=JW5;=:Z M;37K(FI<,@NYB+NZ?EH#E'__Y<>(7]V;YO+]Q`P`_^_Y9Q90;_A;X'XW+I#T M7__K/__C+\E5("#"U<\TX>RC]P#4OP`*YF-@\L"&HLQM1.#PX0N;_?1F.D9$ M_4?K?V_';PS'AB],*[R:UJ>39FO<&+?KG<9P,.Z.F^UV<]P?3&X&@V%_\N:O M:UI5%A*WS@(8Q2_LT?CB+\S==O!32EE6W<=98]\!J$6&,1R><&__C MNRY;&8!-\`)0&SXY"P6@$S0^#ZQN]T"@_B%&K&_SMGOSLFK$6J'E?R_;?, MFGN@'<#C1OYUS?@4VM>Y=>:OSR[SVB"1G'O1GW$YH1`/,]^*./$ZD&RDKC&@ M7W])<,)M<5#(.,GRA1F$\:Z6@6]'%@AH%(:T,;H8!?*5/[MZ]`,7(1)\8R$7 M2D%\*G-XE:F&@74:U_4_J6&J_B/LB\^=)4$&MX$G%JY#CC89SV+DQ&0"`#FB MC^/-W(AY%J/M!@P``R>Z_6!(>3(MRX^`>QFHSSJ>5#GD6[=I6R,?Z0A'9L!? MU'/61'R=`O`]4*=<4$[A"^*(J)G"D55']J/8%II95;0K6*,G5*SK=5:2.[48 MGX@%/($.J$N;G#.)$`$#FR-,$0+4_ZL\NJ5HRJ,[[MB.&:QB(MZ!*C>F"ZC" MC*]S1F^K#(X`%_MEEYGV''36>*DRMH-:?4N2^5'+LB,2BPKI M,&N7J%EC)9`WP^"R*G)-W<&7$!4[K8YR5%0F%EZ]J;V)C=>;JS_&!FATSVT$ M#*LCQ1)UD,Y@W?Z8F\(M1<)-"'[+Y'-0EH6?$G:)GC/_N[,`8>ZNSN9O_*%] M73?@0>ZVL6Q'H2!LC:Q\8V0N'=@;>5)M-@/,LFL9UVLLL^%ZV#@J1.A_$S+? M"3+XNT5_YY7%Z(\>XH&'.X/=DJTJ##,P.N3^.7-=^O)O@6,;=Q&'':!JY'E@ M4EBIUAC.G<`V_HC`_`:(!D"U\3O8-`5N8#OIFLAHJ M/&F[;10@`B$OQ)]C=1:^=QWSSG&=T&&[;@[I2]=_%`L5)VR90;#"=YL+M)4, ML`UF)GS_8(*M9;BX5LOG8;Q@Z=MUX<7.S!&K6"!N`38)RP*MV5A)1@.,8(`O MN).J,1>J<:B&HXR9M+!5P!FEKO:6(C2N**<>IWIIS&,KI`GFY0"0 M@'1!$9]P@+C\"!B#YP-E>O>PM644\`B]EDC>-9`Z\26.QT,&VLNC'WS;[EM% M_CR/PBU\WP;)+7V4!T@:9%$+5(,"]'M5RI$QY/MPO/Q^!4].-TSZD`/P?#A/_T3U:4@$]C,S M\5K[5^\+LZ(`J77HV;_X7A!_Q!I&?HO(>4ATK3]J]1J]\;!>'S;KS<;HIMZ9 MB.C::#`8]#LO'ETK5#`@.\LHJI*);7/JSQ+O_0ZM;2$/"'72["-!A3*2,Z)$ M&1'&L9'G+M"2,M`L$-)I!OS8?Q2JTS+"MRA2<`OW5KPE_N1''.#"W[T_7E/8 M`X=RV<#U&&M=RTF)_>M!M_ M>C;W-)\[*V\\^K[FN5^H-Z@W6,8-5KWO;>DJ2M+E=@X:LKLY"58IE`^8KVM1 MYHM22*+6:)#::$B-4>89A,87BE2C;C'&I);?4.G8%]P5:1%27AQ]=K3=,RBJ MO+[L\,'0I0/N&9#O%4PHOP#,+):E_B/RT`$K==EY+:]*H?8MY@JIXK@:5S6N%HBK;S]AK8G1T+WO-;Y6 M"%^;&E\UOE8(7UNZ8_,)A;+"\?)TA>R1=E@)$+!T9%\R5"L=?#1R:>32R%5& MX&GDTLA5#/"J[F=4";V??8^M9&<)8P:[4U3-C??Q:+D#I@":#T]D%/:6H5"X MI2L#'I28WFM]H?E,5?E.1B)]* MD/UV_?7:N$?NY5%A.\4DA8SC MW'40R@K]JN'!>0ZVI[AXB@"E>A;7;-:Z"D-;1P.T$HA7M#)1(OY8.BU#,TG- M)"\C_*]YI.:1FD>6`5S/7@[2[5MFE\[TRP2MD5D M8VA.JMR/^?)<-,Z$4-V#O0I%:H?6H94*5AJO-%YIO-)X5158:;S2>*5KL\^C MT-+'C5XZG]*Y-H4TU#DG7*OO'R@/$I8.H'G!V9*:U(RN>F792;N!5A1O*1)("FV/Y\!T*3Q( MAZQTO6/E]:&*9EQ6@O7IS,I#P5<>YEAE=4YS2,TARVZ(:DZI.:7FE*7`5.9GN68KF'2 MU%O#]&S#39/VC04S>10PVS##W",]PS0"[*,=P#:-.Y,[W'@TN6&SD`4+`(=M M1!Q_PC?/?!>$"7YRO&6$;PE/GN$FT5]B.('39I8O$M/>XQ$*6(R9Q19W+$C% M3JM1,YKUQF9/G&-`;;QU/-BC'W&`''_W=)'#4QBSZ_PS]^3$6()4$HGP<_:A MGA\L3'<3$9,'$P$9%G-=>")E5-VM*:-[1#AH,3^]:3?^]"P/ MS+-I>>/1]S7/_4*]0;W!,FZPZK''TIE"Z7([SZ7Q/Q/>5@KE`WH=6R"O6*`4 MDE-43?Y)JLG/0F/!21^D:'QA2S_`]'5C;(;,^`VUDB,4SC+G_I<71Y^M-"D@ MNV<3EA2,T MTFJD+2_2_N;YQR*L-KW.CL$+6*G+SFMY50JUU:;;:ES5N%H M:7S5^%H=?&UJ?-7X6B%\;>V-KQ5QQYZUPYYPO!327*\$"%@ZLB\9JI4./AJY M-')IY"HC\#1R:>0J48>\$MD6*J'WL^^QE;&@&)DQ@]WQDS,=D_7P:+D#I@": M#T]D%/:6H5"XI2L#'I2: M'YV''U4D8J@29+]=?[TV[I&[>5@#8W"LTJ5BWA(YHIK'.J(2.#8+\-(>$`Y7 M;_BTZK5F2X]5.(->42OU!K=E1%QK3K>:T(ULWZRP#KFHF6=;T`B\:9$*J;O%>AR.W0.K92P4KCE<8KC5<: MKZH"*XU7&J]T;?=Y%%KZN-&+YU,Z.*>0ACSGA&OU_0/E0<+2`4YCG,8XC7&5 M`%QI@*4Q[C5@7$6<;$7Z*4?P':P,:Z+V7$!. M2;>O:MME.<=3??'EXPCE8J.:!UP8#]#U!9H7:%Z@>8'F!9H77!`OJ$3V4=&\ MH4@@:-M!C8NA1)XN78]8W1RTUYX165+6IC,?3P-?>9ACM=0MS2$UAZR6H:@Y MI>:4FE.6`ECYJ#[^C%_#$V`R];K,W]G M]K71(SF+CPT`]8@%H.;,IYPOQU0SAPYWIFI[%##YG M+-QLH)T]74(!PV*N*\_RIS?U-_09\-N*/\O]9X^['Q^FA,>MLV#<^(4]&E_\ MA>E],':=V#;O^:-CA_/W[?X^(C;/"O:_^#`'/FSQ$(I_`M%H]WGIB810`LQ? M:V>N3J?`!9P$O2(9Z!>V#!@GRD*R6OI!.`/*\0U_9I@/IN,21F-SAMPB*6]C&C>M;W_[Z7__Y'W_9>.#8X9;KX]-X">[^"YO]]&8Z M;M8;G7^T_O=V_,9P;/C"M,*K[NBFVZA/1^U!KSUH#?K-SO"FW1SW!Y-1M]GK M3M_\=0W\3_'/70#:6QQWMQR?HM.BCQMU9%/'`S1U3-?XZ`%11(3N[S<'B1ZC M7)P=%V]WD.@LV:23;E)D7/,06`L^<4E[\PV'.'OFUNQ^YR9*A,SO`"'7L58"6JZS M<*0P,A?XJ@PTV/`"=Z] MC_@:`T"\+T829L*9(R8@T44<+#P6\,RF,IM`8>K@C8BK<,9F<@.@C@]D(]]` MZP;>PSD8BH#DGA\:"Q"T.\&V<#QG$2W@?@..Q:^Q\3*@ MT@?'9KFE/.)!(-X%`7OP+=)K7!;">S(8AI`)`M.[ESH/O,'PB8+P/.A"]&29 M]X2#@*G(8,1[B%3A@L@#]WHA(5 M+8$N9B"9?8`94!'9_(A;^-8LNX$](+8""[%2*-<`O>'/`/5:(PR``B1#$-!) M547'0T@1CEX?+>S.KF@=[$-X`7U=?,3+WSLA/-[:H7E\#!EPCE@!-("GHBIG M_%.(/,`,(U$)#5("JZF3_(H[2;191')G3=`L!`B`-X)!9H*E(5EERA5-TI5K MAFB[)!2'Q/Z$DPCDB;P<_:A'G).-V^XU+/>D8/\4P?8 M4\+CU*C#GJ3;%V68N>3L??S'!G%O=V&EKHWNUJ+9/5Q0M)B?WK0;?SK0^R5O M//J^YKE?J#>H-UC:]N[MTP>9TN9WG&AGDXG6;@3>E4#Y@VA.Z)UB@%)(9 MK50JJ]+)$H*"BHYHU"W&:%[]ADK'$9[>,G<_*"^./MMKXQD450/+_I`; M1T2*-!9K+"X7%G^%YZ+WT81;?R7WXJ]WG`7D)S<^DK-!(ZU&VO(B[6^>?RS" M:M/K[!B\@)6Z[+R65Z506VU!L\95C:O%X>K;3^R!N89,8]7XJO&U$OC:U/BJ M\;5"^-K:&U\KXHX]:VZH<+P4,EZ@!`A8.K(O&:J5#CX:N31R:>0J(_`T.X^_!(HVW:>N)\$) M+0=*TX^E4VL.VH5#I"QGC_?I7BH7HJ:4'MLTI]&<1G,:S6DTISDOIRFBQUS9 M,4#S&\UO-+_1_*8J_*8B$3^5(/OM^NNU<8_$,Y63]Z-7JU=KZNB[$LAX/+1:NGT@LLEB0(DGJ8+31>5IPLM*C1):)+0 MHN)UA-?U?+SJ]D1_[9WY5<*RV:QU%8:V=#-^[:C6XTS*@*N:298U_*]YI.:1 MFD>6`5H'G!V9*:U(RN>F79 M2;N!5A1O*1)("FV/Y\!T*3Q(AZQTO6/E]:&*9EQ6@O7IS,I#P5<>YEAE=4YS M2,TARVZ(:DZI.:7FE*7`5.9GN68KF'2U%O#]&S#39/VC04S>10PVS##W",]PS0"[*,= MP#:-.Y,[W'@TN6&SD`4+`(=M1!Q_PC?/?!>$"7YRO&6$;PE/GN$FT5]B.('3 M9I8O$M/>XQ$*6(R9Q19W+$C%3JM1,YKUQF9/G&-`;;QU/-BC'W&`''_W=)'# M4QBSZ_PS]^3$6()4$HGP<_:AGA\L3'<3$9,'$P$9%G-=>")E M5-VM*:-[1#AH,3^]:3?^]"P/S+-I>>/1]S7/_4*]0;W!,FZPZK''TIE"Z7([ MSZ7Q/Q/>5@KE`WH=6R"O6*`4DE-43?Y)JLG/0F/!21^D:'QA2S_`]'5C;(;, M^`VUDB,4SC+G_I<71Y^M-"D@NV<3EA2,TTFJD+2_2_N;YQR*L-KW.CL$+6*G+SFMY50JU MU:;;:ES5N%H:7S5^%H=?&UJ?-7X6B%\;>V-KQ5QQYZUPYYP MO!327*\$"%@ZLB\9JI4./AJY-')IY"HC\#1R:>0J48>\$MD6*J'WL^^QE;&@ M&)DQ@]WQDS,=D_7P:+D#I@":#T]D%/:6H5"XI2L#'I2:'YV''U4D8J@29+]=?[TV[I&[>5@#8W"LTJ5B MWA(YHIK'.J(2.#8+\-(>$`Y7;_BTZK5F2X]5.(->42OU!K=E1%QK3K>:T(ULWZRP#KFHF6=;T M`B\:9$*J; MO%>AR.W0.K92P4KCE<8KC5<:KZH"*XU7&J]T;?=Y%%KZN-&+YU,Z.*>0ACSG MA&OU_0/E0<+2`4YCG,8XC7&5`%QI@*4Q[C5@7$6<;$7Z*4?P':P,:Z+V7$!.2;>O:MME.<=3??'EXPCE8J.:!UP8#]#U!9H7 M:%Z@>8'F!9H77!`OJ$3V4=&\H4@@:-M!C8NA1)XN78]8W1RTUYX165+6IC,? M3P-?>9ACM=0MS2$UAZR6H:@YI>:4FE.6`ECYJ#[^C%_#$V`R];K,W]G]K71(SF+CPT`]8@%H M.;,IYPOQU0SAPYWIFI[%##YG+-QLH)T]74(!PV*N*\_RIS?U-_09\-N*/\O] M9X^['Q^FA,>MLV#<^(4]&E_\A>E],':=V#;O^:-CA_/W[?X^(C;/"O:_^#`' M/FSQ$(I_`M%H]WGIB810`LQ?:V>N3J?`!9P$O2(9Z!>V#!@GRD*R6OI!.`/* M\0U_9I@/IN,21,&8LX"US^!P8+N-P*B&!'J&*URRCP)J;G-7P@L7F"$S$@<>Y M8\WI+LL,@A6^R%R`[D"(8,+K3>Y[A#&P+F-[QJ_#_71F99`L!$Q3RWB#L32;8?\!H< MK0_GO3(BN/N/R,>7XS6,2-2T0N>!27P0J.`@H)'+&29-KS?>?F(/S#4:33S$#`!+[C@+'@3F"-RVG8!9H;L2CTD^R;)ZTH4*`MV.7S/'`V;G M`)0=#UAK)&A]Z_L!:>#1H++#2=GBD$$?OKI#X!%#(%I&E`2F&O&-([#\(/!! MZ1=,=I4]$GDO<`JS%I^@_$X^A02$`V1D!MF5$B^)46WAV\R%KW@$/`2@:#O< M0M[!I):'[H$,U'+8_6=XK5H#(+\B!(3S_008]0CL$#"!S^$@Y[X+EQ'CBF52 M3.)XQ/<>O,8VHB4\!0D\EFY(;/&CD'<,H_L(.'2SWF@3YUU3:`3GWZP,-V\PZF> M-:,/N:2\[>QW]LJ.G; M/1^)1=S96FJYA^."5@;WM_YTH,]$WM@Z]L;&L?"B"PG,31"+:V'DOZBX_DM;NSJC=/3>6 M4"D03YA7>"JW>SM0Q^V>`TF*(V>K*S\5/.^TAGJXAOIU\OE6JJB['%%:12W& M<"\DX_,5Z;![`[#B2FZ_=\:I.Z],"U:;@GGV))%AE:)ANS(.GDY^F)NVB+J; M5AB9[EJ:D9*E,9<]L$V5_:@`C`P\HDDR39HE13%=3,P0VU@IVP0E7*G< MP[51.>PRA0E'X7`PW.Y,[O":8=[?!^P^GYE1HQ,"#9AS(_("!@2+MV&('T_I M'DY+'*(+5\09;=O1=T>:X1TFL_V.22H"EU=&N%HRD3)C8F35!4V%KP?LGF1A M!^2[;F/)58KW->IU=1&^1O?$$%^[<^Y(W=$W5N6^RBQ4;_!%-U@16[UTIJ>R MT.?+1SC[QP&POS/".4S4A!&H"=K?H9'N'$B7:*%3U$+_B5JH1CV->F=`O=]2 M`^=_I(%C_`TM'(U_&O]>"/\^D5U]A,>NS%I@D4[/W>5<+TG%E?`77UK6S.D0 M:?1JK4%3%5@J@01XG^Y1_7+A3LU=7A-W:==5QRS+C02:NVCNHKG+6;B+SOC5 MC$4S%LU8*M1-M-R8<"J+V2N=ZFP+4Y:KU56H$VPJ:#7H@)].L-%(5R:DTPDV M&O7*D^"@$VPT_ND$&YU@HWW)K]&7W*K7FJV>*K!4`@F.\M9J&?BB\*D$8FGN MLI6[Z`0;S5TT=]'<1#8#GS2'.?!L.]+V`_S+$;] M@FCNR16.K;H*V0+68`8KV(2%@,XW'SUEKEGI;^UPK7Z$ M<^#&SV*,EHT3[-+HDCCT+XA$--+I!H]=Q49_CWCHS%95'-ITQ@U\!.@#NQ&C MS_QX*!PEQ64&!B73QA:9,\PV\16$&Y^A3,FC@8.2Y''0H,M]N.B/R`GR<]4L MD$JF@P.?$$VV/!G@NO;P$V=XY0%?N>3?-'TR\('WAJL:C;Q<$M='Y!&SI^(1@S2(RZ4!=^*K=[5XDES$ M0=:-K83,QQXAQ/0\B1P20:+>(ZH_P$)"D_J,GIE`E/]`4PUPW;"5K^S<+?"4/$N/\,J>" MFS;#,'#NHC`>\F8BF=\Y7M+V>V9:(8VG%/.R$!2B^7EY`NTB MGDQ5#!@J#WACY#DAX-P&#GV(9QG2E$N'J:[XBP9?XC$\K,UXU3L-4JZPT&G M]!$YSYT04*O-N:L2B>)IMG;NT0@.,41-@B0&Q--")?[[+S]&_.K>-)?O$0M( MAQG#6;L^RC)^"XA]X_K6M[_^UW_^QU\VKOR4"M58'?K52Y0?TGU^R^##1T0# M^-GW++B+`)>\@!IZPH;VIT>S:<>K_1HOA?7N/1HOJISJ`-L3CV:KS@`5ES)U:/Y7B+5K1+9:$_O M>'=`3F&8;7L<3SX58T6?`8>LE?CW(<&Y:>]F.NA.VJU!NS'N=SO#<:LO@G/3 M=J/7:)\G.'>.I#!Z4B;C*P,\?GP"WD:HYJR8F4UGE'E,ZZE+F-I!87A,C8&O MDKCYEEYBV2S(.,*]+9*8Q/?C7$B1"8#)`IB($\X?F,J)J0:9 M1`,_R"4>7!O&K^F/\H$!F[G,"N,\"]L,37@$IFIA1!W#Z`C=)2,0`R^-`DNF M-KAK:0UK#\QG$V%2C,EYM%CBFKG(%85MA(\^=4[CPEJE)U"^IQ6P-&>`FJDA MP#*03^!U?*>RL[.Y@QF^LH"DL6M)VXP'$:YL=_=17?."NZ@`&]#_(8+[N9YT M>:VTF0T!'Z]7]YO-[NF*->ST(!WEK#G+(G.I85P9_XA\I,YEX%BRJ:*#9(,; MR:58.)Y(W6*2P?#3%1Q-$YHF2D<3S:TTP1VXW0R>IHB:\<<3Q+3[*?+V-&^; MZB7HT6)H[\*WF7L%IA`E5"8*`]TL4Q-=%YY^[SDS>!=F_PD!C#=GOQ8"U\;G M!!M*QB:%X_V:RC657QZ5MX#*_YG244Q:,OEVBT*>4!JH>TC*"Q^(9PO%$94_ M17`Y/?YDXBJM+^`6\^932T@6DO!<;B86E3@>\,1_,_I>)I1OLT4H+]D75Z0_ M9DR=FN',4E,-S1KFQ1G%>7L#C2=IC)DR\UKP6(^MXB?.(L^6)3$9R\=S5YG\ MTQW%-]F2F;N#2G#PD@V$.`;VQ4^>1T2F6@CG.Z6XB]SV+4VWDX92!">\)885 MXH1,)O=W!BX-.Z*2A4\@+!]-%(O:>/LF_N+-.X//8378)1PH#,[V*V/& M+R"%09"+'%\N/I/%/?(1W3EUZ?3(G4@KF":'^C6$+X1@1NEM&F#H+K`B4>8+ M$SH:+O*0-+\_+BC`DUS+C$^6L`-;%'85+_K4KY]V_CSAWWO._99SVOW-]^U' MQW6'GOW1"TWOW@&,&A+TXI_$[7LX[0;#^J@_&6%.?:O>N^E.AZ-&[+0;C]K] MPIUV:S[^_EK89!M7+M:O%X/P9#]>G)S8.K=@B7>`-8I`U:&L<\[4/,4>N?#1 M!PBP95)TG5;=I(54EA-8T8*'6-F`I3WW]XPJT$SA8K/,0%3SB'('$$4K M,@3N&)6M8:T,N?Y@#X$H9/+\[+:!C\0;0;:"XH5';E(/*+>1N4'6!2Y9``!< M`!PSFXNW124+:OC3SZ@);(P\4,2;JHO/'[>?8(K=$CWR)79"!&&Q"Y7L)N>V M48BWAE79ZK$4[F])$I M@@[%9!.YA`Q1X7`2H8MZJV*/:=1N9G=R^HE3QC!=;[;`Z&G,-BZ7->U)\ M$W5#\#NQ M/R*K(4^.B`[@0,`RL$C`$S=-N&-D(*UU?<%[/W[T;[?8=(B$<3N&5'M015Z- MZY9:\DK.%TSWO->B8KA/3B'?^QVD#ADVKP9)AA;UTZ+0J]1,/B<+_HP+%D;M)%ZQNA6)ZK0W MF>V^>4<-K*3:*_N(.5;2V13$8](4+,G5Q:YHTH>?<]RS[T[LMG\D#Y'4N=E. M5SY__K@6B%:QNW\6N>XJ[_3_.-NYGF=??^K;<1:R=#,S?-#OPI$7>9FF:1ZY MSY(F9F#F^)9#*EHBU&*=3?0&`YS`BK\E+DZZ)O!]>"58]:GO.-5SP*Z"I1EH M1_%L_SZX')1']"ZBCW(=]``Z::L]D(43PVC'/K)[D(E8/)K-',NAN_T8+GDX MYWSFL0A3T%P5J4707]C8UFW>IW60LK\9QFEKGA1-VJ[HFW7QN3-*,E M[ZQ^%C&2M(UXG8GI"X3$X/7T#+F:M)U<;),D"6W93GA+4$#-(!<%6'<.[S@2 ML'RM$(-8.U\8AP]2K$$;S%\`K0N\P:YV8&L_O6OA^+6=V0S9`*8$X3TI".+= M('PY3T,OZQPZ&_F_EFGRXJF,*%>\1QKRSA;__1"A%?<)TQ+'"KB9EX20KABZUV7*@-B5Z6PAS1N;0K$G2)*UHTCS0Q_)(F MOI`?U0^P'3=(ECDS[7C'((:2X,Q7TS/^#A9VS1B!Y(?[/,=,"D+HN3(6R*TY MLR-76.Q`[0YY^Q3&E0%6SP M54'@+,8M)T:;)Z!O\C@5#U[JWX'YHQF=NIR$'7Z)F'.D*)G2.<7.TU/=>CCH MBS=^-E?$V?(>:=,A9W2TO`*!BW%T0O7L"U6[?1OUZ[I2QU0MS<7W'R5SS:2Z M@D[B/\A4A^^D20!2*]I*1[6/#:"<-/.-%?>M1RHK"T.>[]D*E"_T;&XN&+5K MSLL@ZAM'K(<:4G/@H:$(?HB#1Q*G3.M=+"?5\FSA6U>R;X7)DNM1FI1_9Y`Z M#Y3'P)?6_G;+(H5`TM\:\U[SK9YC^V(]]T7@)KI-0=$%Y5':"*"-RV)6@3>>Z=F)R9@C:@0PT7&OWGHTP,#UN2M9"F6KJ(SJ*R:'8 MZ$&!FE]94Y`*E8?*78E;2)G2V^7?^?"3KTBO+3ZFE.4]"]-F,A'+8.J%P(MB<_R:TO*!/\'7J#!FTF=V MA:R3J+,O9S6D+Z"4L:35/_DB-M-#9")MN.9N\^(7"K)WLBEMF571E_^6LC[Q M8JQW\X]M_G!;/W\9+H?7LT3MH=K];-EA1C&6RCKH\V8FL^'EABMLT$8.5CL" M_)D!&VNRK<0#1#)"()QCLF*VK7LU:/[Z"2_[TS&W8Z)G^?`;9?K>FM_3\0N' MA-ENAJU.9]JO3R;#[J#7&8\FPZ$HY9@,>O5I\6&V7`.3;L&%&YLSN42>-("/ M\>/;9+Q\$Q9D0D*\O+UC'ILYX3OA;Q+["W%_:@KV^V6KQ96'U0ZN%RU*DI:7!+72HY8FH6-)YU;-++IMR MNFUE&*J0;AH-=3PHCBF MO)8V+'+%K"`R79[-B8QP`*-_[SG_EO=+67N"=_QE58<*%7VH(X>"LP_7&:'8[@X*8NE499FB M:BW.QA)LEQPRF\P:&*O4E\@S(S/JR>^0YDKDQE_GV/]2=!X0DZZ3=^>:\_\( M&MB2>:8KNX$\SY0I]2-1XN)9C"*"H+E>X5R/!*@J!\X/O5+RLD%Q1"A,D,QP MB@3Y)1VIV4%3G4D%&[!E7@51WK:U(Z-X3AQF_('*S"TU&SRG8U(1_T`W?*I& M;\MFI+2A7-J@T-LI..$Z"\K!D4WQXFR86//^'8Z*VXZU1XK(%M?G$Y[+-1;XSKGJ##XY7,]:_\Z/P';7&D[$H M45F+965)RFK-<,T[/X@K9B/,:1=<%&-O&#^\-OXUI["3Z*)62YU=8I4B3ND+ M'BX*OV45KW_'?9>%HCMWO+$MB=:8HA`P:O.`W"7N"9<%!_4&X4FL-^U:O3;0 M5L5!;XQ0W$FOU9B0"Z=_[WABD684^O$78H@*?2-ZFN$T4/9]\%];+`2]U8R^?P2_T@WO6)E:=#H]'96P6G-6 M@E4MP"K;CS!Z?0K1[3R-_;U+%Z%W/P?;4Q3S(D!9!`?L]EHO#\]*X)WV+F@> M615'K?&P)=.8!\W&X'Q#-\^2QDR7YSI? M?Z%.+N[*^,@YUI5D.F%_#4W/-@.;']^5Z46'.O\JN_?ULR-]IL.O-X8C]_KU M-^JYC;]>U0>UDXL/=L(8\#N215PCN":@YMC4J'`4<6`K+-ATJ!VSY;AQ6M() MV?1H!$>XRI>`Y0<"!G)]<(FXG8828M4,EW.AZ1FN;&9)+66P*]I,Y%PO85L. MCQV#-%.U@#W"L=\C4.E\;J;[RT3/^'KFB@V/F_--JY5S=G6V* M\@QAYGL>4QLF=5./O8^;2Y>8',7QQ?8OKHV\9.?9;>Q%BA=J M$$MD!Z2#\QU:<59M`3(FT:'>&U^=!7`',6$-UY09:(YXD5RI1.)<&[_)+ILX M2XVVBV-4[V1?O'@$;?SRN-I%=)+.#@[(E_``?F^O?/EER[=4X3S/SO`%XG&) MO=#05-E[@EH[FP&.\XL"P3_2L7NNF,65?8A8R(R&2;@L:29GRWYBL MRYP-)BJGA;JK=7::]AC)8,O>+%11-Y#SJ]A/6U(;UM"A1D[.0OHB1,QG.,K5 M;=JYEA]7XSENM+K-<7/0&G3ZTT;G9MKMCX5QU&S71\/&68VC;?:#RH/;2!V7 ML#00F">5>;ZH%40RRF-`Q_7ZTUVMQ7!?F;J8CE@0=LK$8R[^R"/LSYE8"O'7 M,MWQ5)$B_2?214)PL;$/)VFZ[U$=D`X>Q MZ?(I-8$#U)L"4<9.[2623R`3:U3XN@QE0VZJ?F=K@Z%J)+-1`-(HZ4>'9XQ, MQ%9:+%H'\G1HK(*!\LZ9H?"C/K#"[H,S#T[)X+U!^+ M[28GV"UQLYWB^RD"205X#=FRZ7)_7?8CP`@71!MRL!]\,5QL[2%@TIJSF>,Z MTIE$!_"6>LI(]&S6/WRAO_'_8V,8WY_\WOCP[GH7B6^]]'A$#CS&&$.W&CV#@K.*C0=KS`V9,P$P.P6)Q+#]O%4H36OJH MXFD$4KM:`E^(763P!NQVE+:&M=G2]5?B[4([F>U^:;)`V>P(Y'OGVA@G'[IY M7.*1-)P)B:@#"#9*8AP(FS`L;?J!,P((WV+EA8OYDF`:I&O=OB:^XJ!R4)?^ M7X%5(V??7,H:/8(ZFB=#6!NM=I6A2)IA9'!_%C[B6I@W-Z6AN(WVLT3WW*-K M>8A8,F2Q!H^4TZ0CG3^7:.TJ%JU3W;J]=!T5 M"^J=F&F+%V3#L0E=$*'%<4N.@ZIBWO&L8"BHTVQ#L?&OL$-CMU]NZ4U:B;"I>V@9A?A9SE`+,GL"#^`7MA([LJ8KCIT1"0J:+,`W& MIJ;%Z(!0,-_Y9?4%W>*XB!;'JJ2EX@%:"GNS=_J%-31^PDD8^CBM3@XBYC2S MS7F@J'D\_#1#J2(;#/#[482)]V*RA_:F/2`ZN1;5%,.ER9`?>K9\SE#,CW/8 MD>'-R712[P^:@\9-]Z;3;[6'XXZ8TC5MU`?=R<6'-S-`W0QN'D4SU?ZGH@[B M7[-NA'@`GYB^8MZ;U#1<-H:-@G">S?,0%SHT/]MC:^.S=\X,S>MPY!8(??\; M,J84H0Q)VN@OQB?C-^K5L;:B645L@5Y&QN)\UW@`,/)".7HG[ZDAZ"9^EU@@ MUC:\0"&ZI.\=RU@"Q\6'SWPKXG%<(G4,??SHWR8`%AZHM(^O:'Z+,W50UT(W MO,&CQ<(4GIU-L`N>F.7NNT3$VJ;RCX+3N@_,A;(VPGMPR&HT#2Z@(W"C>V)+ MX';G,COF7GQ+8+W!JF^PZN7U3RDK!?89?/JO)PV+5](F-P5@86UQC9VVO"Z) MU@V=RX"I(Y^#WOO1$SF)RM!T%X1G](]&8XW&BM'8Y'/CLTF9+,J:P6HLU5BJ M%$L/B4KH3HF[\/56>H_0G1;/WRM&<*GJG%*%1A7G:Y!R,7U0>O6">N5MZX)2 M!1S"^W1ORD+EKN9>FGNI1+]^L]$\'_Y5`IYU,,CZZ@)#FGGEO6/'=LL\)AER+9N24NV_I"WV#F^;66^T.\-&?W33 MG0P[H]&H/VXT*75R,NT/;UJ=RV^;*G=R[94AO%5K&#KXR5`-O>4[XNX MO2E*^NZES\.KI`XW?D2\]7<"W!*`56UT<+NM,BA!1-'P<\FP`Q&GIHY8]XM9 M[%CIXV7/1+03Y;6T`%:F0,8HD4-T"^YT`$/?4L*LA8UJ$/B4RRG[;`*??D<- M1N+6.+6$"'C<8PX0R/F.52Y!TI(1[ZNAL,*B://.<;$/*_6G\._$;[+J%@X8 M#]GSQ3FG=;MW`'I9,D-E<2!PKFS86^#<12'U@,RB*Z;RQB@EUD;[=K!W)J;< MYY/W:0]`N1:P&8C!X#SVO@?_Q%.+JB)3CT9 MBA$-@A"939%Z3$@=B5H%"7U1UXU5TKRVM2FLK$Z&)9DK%OS!5Q/2;UB%_2.[3M(X$J-0N\PAYC# M67+L5A3WZ05D2"&.E1K8N9&JY&'](.Z#F0>BLV>!*@3 MB1'.`ZI:E^R;>?855NS')[C)9Q%ZF0I"V?\GYH*I7"#^"1::'RP0\O!V.#^` M+(#R(=.%),G9ELPU[B55W<*`+$--RH!BA"%;@0L)"`S!JTE&!N<1BE(`//`[ MP'0N^!3UY9+X`WP&6T(_Y*5NYH#YID+`J<\,?I"]#^0Q7AO_BDL.1)LP_!GN M3CA8]K&UG2B;B/LU3,2>G$G[:FJ"C;O--QK!ALP MS,`)V2R"031#$XTO$1ZQ&(`G+202",:1& MM<@Q[X`!@BAB._KS^%&PUK%DK>?)M@8F7W+Z=%(\E#S"I)XEJ*90NYM=)<+& M6\Z8K#!^)^ARAN5+;+W6^-X,2.'!Q9KI\`(DZ[W!"KQ/E#8G[VP85\970`5G M!F"&X\V,12!CV1':%NT/;R#*&65;V$Z3%K9?TR[@<`>NDXIMAJ*9^A=JP(T5 M0;#'A=&H7_U?10I\_>Q6\=->D"V>C&<<$3FWQ5<+]*+(9;_.X#`"P)9/CF"F M+2'^"\Z@U:CW^N,>M,^_&O8O9GVV[+T%^R_.VT).``R,S`1B M61LUS%6;J2KW>BIQK>(%8,!K[QU/+-($@1I_(<(']$T!-6+]$TO$>JW+K+_1 M!48Z-UCG!@L6FQ,C.2ERKESA71&20W*(-6YKW'Y1W-[>\^8)U-X[3%J1]/AU MM(X5NP+K00M`<35PVS\P735`:J332'=>0%9=E2TRMR2VTI?F*O!=-SHM;OJ9JV7_>Q/Y305,?^*!.&_*/(6KFCH3/"P.3-I#QV\68`.?H!# MH@`J:BJKU"W+.1,B]F6N)<"EUH^^B)$2&4.&]NI@$7HLF=,['H1:FQ MW>PJT_2.!5I94$R+M?*(M==#@9U60=V57B$%5L06*QU9'H!5NMM2D2"L?+>E M5JTST!U[M5JA^5<),$_SKR.R#OM;)C)J_O6R#>/V+YS>76\=+2)*1"9'`C8N M"-@Y2_8)Y\?7H3=;M^TAC>M=F_2K]^,NYW6L-Z11=C-YK`^.6<1 MMBY15C+&LGGJ&,O!N4MXSSXW\]SW]:JR4%V$_:K4SLLM5$U!-#@.LH.=A:E3 M/V#8])+:$'K6"MN=>=P5S7!,^_>(A]AIYLEC>*FUOQTNL(>.D>LOHDQ;U)2F M*4TEMO[F!0S>A3W4[K%/Y5L75-QWV*?)?#`=%]6VJYD?7%&S+,Z`()\/J&G* MTY2G*>\);-U\#STY8X`:(I2=,T$-88,:;]$*?1JOR[.GDVBR(J&:(ATK-PS, M66KT>F>ZU`K7#(W"QEIK+^>^$*J\$_-MNZD<;5+RN12\4:8^:"U!03G M49;+HOF.YCN:[VB^LZ_&TU*6=:(Y3^4C!846.Y'?.AZN(2<:6#ECWI'&O/NL M,?_J*PW?]AO-L[GQ#J+HLN";]G*6*B_]8BCO#+V,RT)">)^NGM>4=38C>*"N MI.-URS0=)?APD\8&TDE%V*;^P';T1Y9>G3U?^NS4VJ@U6P4503X!O%=L79:/ M?BLL-5\7L?;/1J>5(+FB%5M-B9H2GQ";S?.1HQ:;RNMH#B^(V5%<,W;XTN>F M^S>P4Y;\8SS`>YP9B_EK,A53/#L9*"FUVZ]SQL*A9P_A#/$RT\6[79]'`>.' M%.1TAZ-NO=ML36\ZC?J@TVZVVZ(@9S)N]4?=WF5-1&XQ M()GQR!73?3-C2>6X1)II>A=QV`"GV<:[QIC2>&'7E0YOG+3+.&:!X6#I6YK\ M_FCB/%;#Q!GC3IB;X+KY)EMTN,0?-C#_&!B$\X`QFC3AP0N4/-)8P)=S&N`- MNU#RR!VCQK;:<,<\_QJ/PA"E6'<,!*@8#F_C2&6#1XN%*>:NBVGOBR6H"EZ8 MX(+'0@.#%6+B[5.(H(]-'MMF@M4QSQ=SR=EW&B8,]`O"$3.U^=S$@>2H#,V9 M*6>GB$'^\4Y_%SI<'S^X6A-7KW72OZEIZQ6H%"OW!N\H+#] M,WSAA8SE_8LAREOLH'S2Y"U)\I^%[)V@[#U;\*, MZJC3>7'RFBY;Y*$/#`KH%:SPL)QY>D*Y)S#.W@JYB/]WKE/!E M%$JE`=UKD>T:&R],RRR447YA#\R+&%?CO<7[>+3<`5&`V(<-UV3ZF-XRE(%. M$:&#!ZGD-2=G-;Z2^J/2:**=6KNK+*VS+"=9M$1]>79UZ=`J"VQ>)4]H]&NM M@;+ZI;(:U58X86[5!LZ`Q M*N7-A"ZC>:6EW$725Z-3ZZJ+N;X6`M.&W1/`_?1L_O0=F_E!TATF-+]7P/HK M=0%2OU_2.OO+*CS29F6US+2]65;QIZGDRXEYO&UVSN8$>N6=W"ID1%Y*#QI-N9IR7['IJ!)8O^S3(*-&?31` M0A?MX:T@M=8:[9=MT%\63*IPE\0R6QF733Z#6K-3U^13N-0JL]EY=G%FF&$8 M.'>1:)43^@90Y15>&/BNBQD]#E:G,AZ>3>Y=COK:Z`T*-YS*@FQ%NUE+9#F6 M'(ROD-`Z+3WF0AMZ14O&B35GKN\9(S]8^N(BXVOH6]_FOFNSX&3+\`#WQ=D; M#U]"S=G>(*S^H+Q&;=!5-W%+MVW6=OQYE3W-[#2SVYO9]6L]A6/.-+-3TZ/^ M;'PE`YUG^[2_.!-\R<46WB3EF(498I(`XTD_^:49A"O#7(`-)GJ7*WG/#YN> MU:.6BYV\U2RHT6C6@/S5+$MW;2^@:WO`^)+AN`/FKIYIA/[4%(ZS3<[8,;EC M8@9PCO?\,PN^8LOY&Y,[%CQL[+@1$%Q^^L<>TS?:O6:CWYI,IYWZ=-QM-R?3 M29.F;TR;W<:@=U/X](VLP$V*6S.,L_!I'#/?=?U'\H[CY(6``=`LQW62/OLT M;B%:X*'Z`2=2@M7X"\<37\A+[O`DQ*_B+-9F-$C\P!>)B[8[*N`O,4R`ACY$ MH9[D4-0`#B7L7_H5I?9'R&H#!HG3?(^*A'B9,DYFO'4\P`0_XK!\7L-)%`"G M#-I(8?ON_=&ZRQYDG+/92CO:05^0MZ?WI_>NQ&Y?)=>R6-4\K&W#EM,J=,ZB$;&A$O$Q$O?:A&A7'P M99NTG!\5<\,+5+%#C7$:X]1BG%8/B\+/4P>ZE&X.^*HZ]M?XJ#M,[&P(Y'V/+A7 M.J(N&6Z5#CX:?S3^:/S1^*/QIX3PJ;IG[WR%=)ETM1/*Z%Z2KDM?_:FN/N0Y M!*W"9+:WC5J]7=+NX&7!&-V[K8H*AF9$U6)$O5JS6=(6YV7!&,V(-"/2C*AX M1M1MG2_*IAF19D2:$6E&M,TT:]7JG;[F1"7ISGMAKB95/9N.<9*^NCF*!"W#%,M'HZ73%%XO7179IFLW>"Y;4FJ"TP2G!=GY!5D1N*+I[D+HKL@6;:]5 MT.FTA#ULQ9?*/2BF@>7K\8`]![X+<9$IS5XX&6:7S2\KQ!I+I[EH7J=YW8F\ M;E!K]-5%`S2OT[Q.\SK-Z\K)Z]3F8&A>IWF=YG6:UY63US4;M5ZO51Z@73:S M>]UY(/1QLUT3MC#FQMMQVF!;%V^7.9/OPH2HQA^-/QI_-/YH_"DA?"XM2II; M06>I=K3)OTBU8K9A`ES,>QHGLO`],22"&WX4\M#T\/W'H.>I60^7,ZZXW:XU MF@4YPP^`6PDT^O.D)I6'G,O%'#5U;J7.5JU3+R@LKZE34Z>FSA-E9[VK96=9 MTGHU]6KJ/4RVMKI:MJJBWM<=#LAZ_R,.9JOCR8F:F3&81=#K48'/O2>`7X0U M6NY)YT5+32W\7BTQ%6$\:F+2Q/0JB:D(6T\3T^G$I`R4FM)*0FE%V&6736D7 M'5EL]);Y^>Q7C;[B8.,H%UMT.(^H2#-:PI?L.PLLAS/#G\%C?>N;X2]%?Y^W M8)=,Q7B!-45PII$-8EJ$M4DJDGTM9*H M#D]J$M8D7&82UC'*]1BE[;@19MD6'*4LIGZSO"ZL`I-JMQ4BO@8?5_G(]%*D MZ.638X%9M)H<-3EJAGHGAN[)B7NPC3.-W#N_T5>60SE?&\KB@%)`M\GZ=;V@>6E/0.:R M6TJ6C]F52T)H-J39T"8;:IS/_:;9D&9#F@UI-J394`G8T)EB>II/:3YU27RJ M5==\ZN4'`93(?5H.AY;M<.G3@HLNU:6U\]0S#*CV.:P5UD>F0UD*]JR9/: MVZCYH^:/^_#'3LG3,JN!?,>X"'\D_]?6Z[?\_9N;WW[ZW_]YW_\9O(4*A.'# M%S;[Z_M^(WAV/"%:857C>YH/!ET1LW!8'HSF;:;@TZOW1SW M!]/&='PS'KSYZ]K!90_AUEDP;OS"'HTO_L+^=$!YOB2>1(_/J#D%J9&%J3+[CW^Q)S'F!;1P?C3QDL=G!,LWV4NU< MF=LY,V8^X.PC4(L;';8Q83S@/& MR",.M+IYVL<\TEC`EW-N,("?K6:57]DR9(L[%J0Z2:M>,Y!^U2P9`7#JDV3$ M2?)^0B$;N)&(&+Q'+!4O@U6WE:RZ9@2,+YD5.@_,7=5H$T[(#3/AA\:C$\X= MC]`%6)^-^(-8Y5&+-!,#(#R$_RP`T3G.,LJDF+^E^_R(PV/YNZ?;9UT,(]B# M8>=TU/HR/X4*/V+,C?8JXKK_GI3?T-?09=P8H_'RYJ M'AT[G+\?#*Z;S7JSUQS4V^U^J]W^4ZRQ`+*ZYI*S]_$?&^>4+C$;+$R5F.[6 M/BI[Q!MI:3^]Z3;^]*Q^E-?OY(W'WM<[\_OT_O3^RK>_JM=EE<[CD2RW5]$I M)18(+A;D==Z3'ZVW^`SF%P`+/="X0)1=JOEK*/"&M4*0;5-=X=& M-8UJFJMI5*LRJNW-U2[-Y(X=IGW%@9%7U56Z5$`L#>`T)FI,+`?@-"9J3"P' MX#0FOF9,K(CWK\@H/^9P87)"P!Z8%S%E!9NR'"/>IT=R:Q:@6<"^2D)#75L$K25H%J%9Q,6Q MB&9+69BP+.=XJII0]1A5D;#]'/AV9(6&S1Z8ZR^Q6.(8%UCSG"ZP`X*EZNEK MH,Q,WPF3LN!&T>IYB4BL=$+Y%5)60^&<&DU:FK0T::5*87.@24N3EB:M(N(V MZMH<*>WP6Q9ZU#U\#^@%8+J,4ZW[P@R^L1!6603U58_(&LKDU^N@I?*1375E M5>6HI:>,6,J"]T7K=)H<+I@';II*4C11_&#L=^[XX7,3O3V;@0&BN@ M`\J+DII@2?UFHZF.F3\#H[*@3=%"3P)'.^(UN;U2%=&(H:/;T:Q5CEQ8_R_;?5MU%Y]8/3;<8]%,UE'#7P60&QI57=)QO M6.&S"+S?[#UEH"P@AME1UI+B>&A6`NNT,[FD]>V:0VH.6:@NJ:Y!_.G@/';\ M:WEQ5=UT;,U`-0/5#+1T#%1A[K96,36'U!RR%+BJ.:3"Q)%!0=Y*S2%WNS%_ MI-G&6Z_?\O=??HSXU;UI+M]_M>;,CESVZVRR6+K^BK&O+'AP+/9U;@;L!@>C M9R?5#Y-IU[_.OC#+O_=@1_9GV*%O8^=H?@O@NH%KOOWUO_[S/_ZR^9:/W@/S M0C]8C:(@@+]N<=G)33@M&P'^AC,=XXBA?[3^]W;\QG!L^,*TPJM>>](< M]AOU;J,[FMZ,>IW>3;?='/<'DVEK.!K>O/GKV@%F#^.9.<[;SO]EQ]?'X')@ MV3A)W!'-NWNGSBUN]U5'@35'%XFQ,$'>.:;[HN.R2E]FI<[+>H(3M31^TD9' M=^[6]D4%=8;28YOF,]G[VNI&])3^Y$_E,Q4Q]HH$X10[)LU!I[GW?5O7[^[5 MWZ764=*>]"YI'5@57-8]4!\M6K=G6/+*"N:9/9X'N2!U-\TT_8D:!,W.8/>2< MA7QH_1$Y`7SR[$^.>>>X3N@P#K]%"V8?G&$Z:$Y'D_IPTAQU1J-QISYL]`:4 M83IM=`:MF]YE99@:;\T%X'3(#9U%JBR+M-^^'@SJS4ZKW6BTZMUZ6UU.:?O$ MG-)^_]PIEW6=YUM3REC]FL,GJ1#2)'-+)\#]MC`7(A\8HA,:UQE9/(Y#:6P\`\&&LN#Z8)X>]&4D;(`1YE55*7`;%?=?.FRG.-K=V$7 M"=NA90E%/6`6`^:!-I@6YT^6ZA<_";89)73@NG)^-['7490UHX7;QP^AS@3(UP118D&H_+!3O( M_W"YDJJI+`14EL/6DJI`+4_&CBA$X'BAZ=T[^*>667L85+5.79G+0DNMRY=: M?_-]^]%Q#VD??KERJE%K=I0Y),IRPEI4G<'AMS17VMOW?&?C3O%U3IO(4J$@ M2['C,2Z.]@*<9.BF^41:B"&5-3O*F@)I8JJ"A"M=8HK..-89QR^8<:S0`M89 MQWLRSM,SCI4D#^],3.9A$%EA%`!.PV.^,-<,V5H_W#T2CQN#9JO;G#:ZS49G MT*]WN\-N720>-SLW_4'QK6US&;7=.`OW7)G(M[FFMB*'%P\(O@S"N6$:<"(+ M,UAA`]P@"W(#@.<\T+'!#P1[(_2I22[V+C:]53*9LO>!&TD;1`/;P*T]:AGX M]X&Y4-93=X]CJ$;N M_NL(!\/%]8Q-`5A8CU@#6\,>T@*V0GA=.FM=8^H1F$JF@_'1HX0JNQA[,P/A M&?VCT5BCL6(TQDJ7S^9JH;+,16.IQE*E6+IC+,(AXP]TP.S#+0L6CD>UDL8= M\]C,44CRA3CUJ^!#/9_O_F)<]+UZ08WCMCGHJX!#I_KAR\?'2B=W-??2W$LE M^O6;C>;Y\*\2N*2YF.9BFHM5A(MU&^HJKS7WTMQ+>6] M8RH2N?9(MMJ9J/7`O(C=K'XV?_>#4<3A5%C`;U9?V-*'\_/NO[)[MB?=27LTK+=DT\C1>'@SNJRFD5,_H/2J#0PXYF'A/&",ZIH] MV)221QH+^'+.#0;[M]6L\A`O\5%+1@"<^B3IJY?\8[V%'5*N+)G>%OP^9M4U M0H,E"]!-;]ZS>#C]MKR[0%`?-\PP#)R[2&2JA;[!31>^79@VDVE[G!E63)S& MHPEW<)D9R'4FGLS$&_2NN]UZO]'O-5KM3KVE,"VO=6):7O<\'3\S/4TKDINE MUUG%=58]U:UBEIH&W//A_9JS"T5YA84%2TQT#7:O_0)E`#MU3'LJ@!=H_U+ MGT`)T'YO;E\11U.AS0(?/*9L%IQ6WPKV"KSH5/?&M;+JI,U#+PX2RDGF3YI< M-+D\3R[=:V534C2Y:'*Y='+I7.OFO)I<-+GL22Z]:V4^K==!+E6/314)Q(G' M#IES4A6058L?%3?.XB495:-[W3\;A"Z;@VG*TY1W`)P4:@B:\#3A:<+;6^0U MU'E^-.5IRM.4MR^<^EK7?$EK^>6-XMP*!DO%0S[\T%1F)FL&=4B^0XF[GA0P MJ*FG4'_8%XP'L;-*M/[0CG1-JH63:ONZI4FU/*1:""J^IGQ$3>@[9?+Y.FMI M0M>$K@G]A0B]>ZUN%+LF]',WV#NN2=[3/??X-/`7D^\A"SS331Z*,U=][_Z3 M\Q!/8[U9_8WA!,[E'%%A&##S\%Y\S<%TU&YTVLU.:]*O#ULWOO%-1MW^ M:%3\'-5K=K(= M]/1HV_65RX9Z_>MZI][M-YM=V%Z_TR_1H-ONN3NK]2K2`4[O3^^ON/=5/=VQ M=`93LMR>[OZ5OXT^74X#.XVEKPA+=8^ZTB+H,P7O)R>J[(6*!:*>[M&F,:R$ M&*851SW8^.515W<;T\A99N0\7VF%1DZ-G)IS:N2\%.34S;D.:,ZU@)\LD[^D M=5B)=`-EDR(O)X^E5F^I*X:I`@[@?7I.;:$R3S,7S5Q(C-<&?FZJ[XY<:!4YE+U>.!A?;-^WDR/,9E M^&RS_\*ZKU;N#NZ+/A0M"`O$5F53L*_0N)JU3K-NB8N35R:N`KH MXM:J]?O%]W'3U*6IZS525Z-6;Q>?IW`IU*5CX1^&G_]>"$F];!)P`915&[0* M:A]VN4Z.\I%2A874I5%4L];MJ3.S-$5IBGKM%-6I#;KJO(*:HC1%O7:*ZM=Z MC8(Z45XN15U::"NW@E)WORZFP=RNDZE$G%99K/Y9V#Z+P1<0Y1_TS]>7M]IX MIQV_)62CISJ'6_-(S2,UC]0\\E)X9'-0:RHL]==,4C-)S23+ M@*N:22IEDG5M;9_?9:FL7;ZR_O;Y-OJBTW[2>7_L<,OU>101<>LO'N'B!TRP,*Z;,:^/7C`O\#S3,^@ MUB[+P.%,+O$1WCB'^YE[O7AW`SQ&_9@NA'< M8P,([B/7#-P53F_`>0W6W&&SS.YM9CD<'[0PO[$`'DW?($$9<__1"'W#=($3 MX`("QOTH`)#0EN%*$Y@.YWCI703_@;\->"ZMS;/8M7$+[QO!-DUO)4ZPWVST M/O"=:[B"->!G%!Y+W`/*=65$(/,[X&IJS64V"Q1$01'#9"$"\=$3/36_X M=3:#$PQHN7.XP78"9H42+;CQ=O3K^.=WN67*1<$687L;E'$,(ONJYEG`5N'T MEW3\-B!:L(I1R[BBW7_\Z-_&7V6@Y,!.Q8X)1>0%UYN[.XCN,^RUT'DD>^K: MI5EOH;A$8U+48-/"A$6M,[;WA$=Q2Z,/QB0*8`\UXV>PH0!U)B8/B9:&,[S` M>!L3=;,NZNSBCXT/[\0PDR%W3..S:3E`A\:/QM]-@$ON-DP9S=QU#>\`K%U; M%_+E!\<&0&YET,BCPEV<)N;(AN!AQ+;P8N!E2^`%R"6`10+OV!.#E2*7)S^`\(:+QL!F!SG=!A($T^998@7HS"Q`S#P+F+<%<` M@@TI=4>/\<5^+5#'D64\PN(9?9-YD(3--9P7LE(E&%:)83GTI#&SUA?:H(6J MF8]3RR&0`#H*_"7@S'<'I#@#X:SD33]TKUL&7.4".I<,QC\T.M==I6NK94C8 M!4IZ1+RV_84#5).2^6^>@^0!FD.XG8Y0300%1U(U$8)0ZN!IGA\:>#X!ZER2 MR8`]!((#"0O^(@.6N$JJFW%\%2E\IXK8PD1JH8:`ZM5^](Q?0'>9QV*IEN7U M(`-<5Z@XB6@`/6EA!O!8N!#TR/NY8<:*'S==$!=^<&]ZSK^E,4""Q,5?P[D3 MV%>@;`,;IV\"WW,L4IX`U6!S)N(:ZO91R$$<';BN>#4[UP*6!JKM[`KL6=+< M\2$@NH240-1TX68N>+X?D+T2;Q70'26P$+J?_WYMQ(X#!8(B%;KP!9\[RZ5X MCAP`EXAA8=\@=04H2PP]2J[BTM'2H^3T*+G=WDT]2D[O3^^O%/NK>IITZ:*U M>DB7'B6GL?32L%2/DBLM@NI!7T?P1HUA&L/T*+ERXJ.>.:,'(FGDO`SDU*/D M-'*6%CDUY]3(65KDU*/D]"BY\I:&7$R!AQXEIULUZ8$LFKGH47*:N6CF4E[$ MTLQEL\>)'B6GF8MF+IJYZ%%R)6`N58\'ZE%R>I1<56BM0F15.@G_"HE+CY+3 MQ*6)2X^2T]2EJ:MJU*5'R15NA%V6K:5'R>U)67J4G/:@ZC$]"L&E1\EIBM(4 MI=8KJ$?):8K2%*4.7'J4G`YMY5>@1\E5J\FX[FZO,LJO1\F512TI$;\LG;ZB M>:3FD2_'(_4H.%B-6-)(V+@SAD+L!/_+W[(C%[- M^`H[P%$[)JPJF1)X_32VV1O#!Y^?"IB?(IB^=&C1]`"XZ3/0H^4P?L@@P7:W M/QT,VN-Q#;F?4HD&"DVFO6[_I7/H@03DNP9_ESC&%J1$#]?A.^+D= MU@O>(5W^W@GA\99XTHW)'1I^\SD9J+%E&HRRS10ZH/#VL&$PR:0H&KTDSI1` M,;'FS`4V,/*#I1RM4#-,8\Q<\Q$G:EC9[W&@R./<=]W5E?^(#+5]O>1N/0/,.:78)JJMCN81E."E&C,\S/>/CK<%7'#@!CT?9!<:C M$\YIZN=WAQ-WG_D@X7$*#P!^M7WBG2`X(*;(%4P$%Y]?L)A?]0CG M9W(.LD3,'+5!EOLH3"(<^).,,*7!;Z9\H'@>#M],:24/0GQN=K8AX$9FU*H< M,"EG4HI1E4B('Y$0/4;/OYW#E1Q@B#,KW[Q+AE)65!;\:^ZX@K-OG]$ZBP(/ MY]/:..`F\LS(QJEDM4,'BL4R1$XW<^*YGLBQ:8(5#C(S[=\!XN+ZM_A(B5Z^ MYY)N(8;7P"U6%`3X0^:&=U):9`^;'F'C!$6/`>IQ%"OQP*:9Z03&,B/+8US, MH&9F4&Y\&[%D9X&S8AW?1@Y+(Z.$_))/2/>/`'*R#T\H.:2/"*_XI_C)=Z:+ M$V@-@#D+\]0R(_4[OX!XV%N\0S%1RW8LFOBUOJEX&\CGX<85,$CQBD..DL_] MR`5ZQ<>:L53X'1@3[928P\Z9EL\^/%XA+DW1U"IKSUE0!0]3S)$`LNFAYT6P M>6&M(/<$\VIA-.HQQ.J##_^WJFSEED:PI5J$YZ=JC34WO?NG9Y_RC!5AIE;$ M4EH1\0QJ4ZIZ)`"?N<5FW`J<.P%^/PKV`G_*+D#ZP,67AY5J$*Q_=GOLB\._ M"[LO7A%1N);$N5T/2>V0HK(5Y9=[AI%\2 MSSQ:+ET'Q2V0I%06XN9^:BAB8[F6 M39H;9G@`+3;R82V<4'AZ7`LV>I!#_UGO[M8%*V8Z8KHK^6]`S6;$6`#EL>=R M0'J;,/^`5%Q3NEW`[`..@,&.)5).QMV+;A'UTZ);O>O!G]0H9*,QQ_Z(!(>@&UE\6:)2$"BC1+`*9ZK!''(]XJ)=GXN9\CD%/MXN#FHV MT;XE20KZ<4#1(SDAW04"<4GS():%/M^M3[DV4BSZB'J!$-\UP\EJ%9RE4";V M%WGT5AP7?8?Z);TS]218YA(54OI=>)3D[E-M`CZO"-AWV:=Q8)M\MHIA9:X6 MY#&^`S8O]8V\9?1,%&R/F*M61+0B4@E%Q(A","?^C<28;F&17D&5,*I@)FD:R$_^;#/!@P3A4< M&UW606C>"U(B%WH0+1,UAQP7(C0@74FIHH/?Q5%=#II,',%@68:SC^<$+C## MC$?4QS@:6$W`$;*A+=#O/N*/MDB/81YFKPAO!NA:R%OD:A.&Y6!P;G/[OF69 M''8(EMDJ4<@HP!C'>/-/$.M#O0<5M._(W)Y4+.>P!VD@&L!?R;XC70Q!?040 M7H#.]T?D!,*Q?VU\G$F%#_G$^L^&[5,8(W82PVFC[>@'SKTCMA"KJ#4ZPGPX MQ49%T%^"VN9BH$Z$/KCO1E*=PIUY/KT:P,H62]=?Y?8N_6+)`QU.JXD9-1S0 MTN'3W._JAX'F.)Q196ZBP!&CY2(HCW<':68@G`18@ M:.P.QDV?]C5IEEX*EEY7Q=+K56/I)SO!OS"+3,E:'*!ALQE&9H1N!\R;OK1\ M+LW/F#C`]L18`-KPB85HT[7I%2F9K3-XY+=$U$;,IJ-,^N.:!WR+T_MD&B]OQ.8WP4`G4E94.%2S#$1.EPSL;XUC M(ZZ0AQ30R$[24.,$,@SC8-1$N%(ST9@-C5'9&]3+K#-\(:X]3#A`\\F&Z4?!F:WKV#U(K68IC] M36AC]PB_.(=$G';F&C@:_Y%"<;B\1S,(8"\KP9]JF?PZ#9# M;0B07.34P(,(4O@J<;RT/`$_!GDP(A9K.&AH@M/F#LO0TTB(=9(RN`R=(EKI('.&^L(,CSY:N0,L)K&@!-.11GM@05&O*]A$1N:PZ M?[?*[04-:]N9849YK#^B.H\02"DAGVX9[_F$%,:SIEQO"8!+<6E\A!,#F&22 MK8$`/=L,;*YF>.$5Q2-$^EK"PC&]$@VU%5*,9'K_EBG8Q)B1,\1, M$2Y)(C(C9R+#%!21A8-<\]['5#*X(O$XP=V9D`,*/80Y M&:P@#UP3V-X".%V:`KJ%/QOW$<@&Y)`@.7Z[_GIM_&TX_`PK99Y@"<"EX54B M/`\6VYJ;_N\1(#<&?#+G;R?YW7.6WICDT>$:)4X`UTN8#RW;)'4,8P0B[R?- M^HQ3Z>X8V)H>Y17.,`7I&X2T`J<6#%YEY]/V M`9!,2F:9"!_?APB0`PMB`OE@?&\S0_X012Z_`G2XH!A>49#-%=:#N;EN3&&E MBP$K$[F?Q>;8Y9+`3J[3]^Y]RK1.EI@Q%BA28J1 MN9[^DM04";/30HL_KB_*98%0U@42(7K6OX>P_)IXPHQ1HC;W`1V2M#&0B`ZJ M&\!TF37WR))$3QF(,F%&"JT3M+=9^"@6A1D=F5`HFGE"7R+D2Y74SV)5Z9YD M!4E&49;Y*',0K/1PF>J&B:CQ^\1620E$B_X^CEX87\4*MCY>`F1S3WD=RL!2 M.F)064LW?3=PI_`J"7;'CXBW_DZ`6P*P0*(Z%R:F9DV"B,(X``[%(Y.3`H@! MR;"]``!($/AJUB%CE$B7W@"=SJ`H6^E1XHM"?AQ@B+JY""5WL61 M,V2$LLA)X(B41X!`SG<4?4&BOIF49B"K4.-L:(>(Y,Y,4Q#(P2R\->*%I"]FT;5FI"B5Y#V)XD&1+9'+C*C%F4UP'N@8H26D MKD403W$M$@53`S++,4(V8G(;`J7)R$U&B$I]$4"!!>. MR&T&I,R8@"69*Y2^8,SF[I=2,9LM)FN4-]\`4GO)T=V4*`Q)A`X0RZ?8G)"_ M-EO`]:%,Y)#@V;&#!*YI8%>D=SF(/](H7W/FHE8B2NI@_:"U`);`1V(YTL%& MT=W,6V+CG9L+LI`X\!'7#+;E?1`&";Q8F#9[JL@FBV.(.A[AR[9SV!-[J*0M M\U!4Y@2H,T'PP(_NYS'[9IY]%642[S;YK$&E@I)/V''50;6LI1V<_5)\T_`SO&_.Y*"!8@W84H\(W]491,[(HH$=70IU'M(1FUR#'O@`%2F'I[ MPP`,4-.]`$>2E.L-`X"(DVQ\81((TK+77<4[QMO.6.B M!5#GG:#+6100`6QO,X2+S81+D:SW!FO2>RAY9\.X>JY?32TVM?$&HISG@YXR M?0%!M;/(]*K(RMYBK>)Q[(./S6/D6LF7(^E[^1N%%+[ZKGWR/F6+M?Y:O[^S M&]')'F/LDA8@)[=9B'EU1*RHN\G8.<@!5Y@+,LV?E!E&9K9#%8JF-&ZVJ%U` M9\DK8Y>6B-0``MI9)I"$19;K-K`D0E3V`G0OQQ>D:32Q#PK5I#DS03P>^E*^ M;AFOO]0%'A0\^>T#Y3'1LT3Z$DV&MGD@2Q8Z_#ECV8`I'8L![:2`SGJ$9!%:FM2`AX'#`-R2J^(QXAP%,BVY+T! MD\U-R#6!61$@AH0:K`0(/S2NZP96*UM7LEQ?5>TD1?KN,$4QE$Y\N0/< MC**C:K1J]?KF9,#CPD;&#;/,B+.=1IIY'S#AHDMZP;B,8DU+XM)AWOU"*B1> M:0?FHXPXP-,)YV7EC&@F)Q*QB-?'Y'<->EDB;$D\H#=*R`A\'(C8>R`^'J9! MU034?!/%)(4B+CV7;_U26;+%Q%G/)J*FV';IGQ3[RT0W%24JO4PGQ20+3>R' MHTN,NDO)$"<*!I//*341ODKS(A],QT5KY0HH_8K,L:PP$:%&,TTY!(L0&"0P MM%4:?WVJ,(2_P1.P_\.]38R$X"%A-YZ6=`^E_3'^4# MXPY=4A:!X6/*.K@X5H30Q6XD2/))LN$C-1;+/GW]@6'.//:16-/D0]'^`[G, M(VQHM11&KGP"43JF9L?&[,S';$PR"5/()_`ZONGH69'I*-(^J*8CNQ(%-1SM M[NNHX1"U*B<=[6LIXOA$)?GH6/E'1.XG\C?+UG5(-A0=18D<1(FWQ!2I7X+! M\+TAI*;.2=.$IHEST$1S*TW$D;PG*:)F_/$$,>U^BKP]7RD@'BVB/0O?9NY5 MG/>1*`P\32Q%GTRVI884P&:^]9@4N#8^)]A0,C8I'._75*ZI_/*HO`54_L^4 MCG(I55L5\H32L!,QAC/\@&VC.*+RIP@NI\>?3%PESF1S>,822NHELAX%#+LZ M'O!$63`A<\ZWV2(R@XVN2'_,F#JB25!LJM5$@I(,X>;M#32>I#%F>L+D$SQV MW9%76[=\L+UQFCBYH]Q+[M26A1U)2FK>VL386Z9!\AU-+8!+*N)8I;AA&&=9 M.1Y6B&PSE#GN4#;>E[WN8UCEHJ,["_EDG/\3",M'$\7A1\^Z-MZ^B;_`QMYS M6,W<=VW1=>MK'#5LIFT`LD'!O6LBA1.6IR,S$N,]+E..NTS$*69Q&F[VG.,E M[,`6LSKN]%,\;:4+P6#8$W.W5>VHT3HW@XUW0+GYP.AD[1AFMS@!>75CSU3X MZ`,$V%)T>#2M>3ZA7.:08RFS?&0-.9$I>'.TJ!&S\N+:),&J["A(L#V7W$Y) M\H`[0&X MT"-5]&2W+8.(HIAL?>8`B[>1N2%@#PXHF4E66G9S\;84MDS\&27B1I=H131: M77S^N/T$4^R6Z)&6MD6>(UDQ!@1$G_'XW/)7_9FO8U4V.S=%>QFZVN#?:X\3 M])->Q;=?)KN2I?4N,4'"4N]P5$MFX$`L0B6%)HUNI#Z24J[LSK-.)%L70"E\ MS!;EX^ER:SGH9N(U@B;DV!(3A;>/]B.R#E&/(ND#]3:AUJS5N6:("LOIX\:- M99T_D\_[2H&2[L+T3'>%_`[^QQG5"#Z(Q,.4G7W#P%>F&C_6"BC!4-Z/%5MX MJCQICQ2G%)+^B:,_>9PH@5$Y!.:#C\65(DW=BQLF4'T4NPM3ET.L5_$01Z"1 MYR$9%2$3N6QF4:C6\=8TVLP]0@<6V"8;Y3G_%B@J.B.Y.$."2E2S``(X!/ZB9%9'4L-*#Q," MXD-6_(E2@5!(2UOVQR(W3M*(+];!-JCPP[II@/FX:>-!4=MSGPZ#RFUH8Z*8 M<+6+LNP\"%-XY:&?JC1YJ4:-:-?L"/B8.\=KXR9;79V28Z(S"'6/*EK6+3#, MAZ2XO,SZSBX*C9S`IKX$--\0%(3:UJ.7LE<5X_JA==U6FRDFL4/JD6LC\[*U M4.0LS.P,F7/2S@K^QJJG&)=VI:BOC\Y2.`)(9A47.]_'R*+S9IM0D'()#@1L M(RTJAOL[1].9%E@] M/)G,M^X%3@I$VL)9*^<%@*2TJ;\#?W>BTE-%)0ZK!G3:9_WIOTJ))O]BB;4DO3O2_9F,\EKB]-<@7&'-E"DU,/04+$F, M4D`?E0EBAT15V"4'.[*UNO7:$]M7@R3#?`48;N%SLN#/N&!AT$WB%:M;$;W_ M[9O,=M^\NS;^E=0>RX)BQY+>7Y[O\!CG:U([1:&DYIS6U--`,F#RCDA],UN( MGO?0\>>/*]>>=A:Y[BKO\/XXV[F>9U]_ZMN3PD2JWP[\WX43*_)('8O(B/;( M=12[LS9;BA`&"WU%=/($G$AF44FS/"X"!XLV]9NF,AYL"EB:X5*Q86,2K=!%#<(7\[3L,,ZA\Y&?^/B'_%41I0KWB.- M6&>+;Y7'[2FR0Q/3(:WQ\,1T3B2N<^MXQ%>E#!567%JH_80>AL*(EXP-VU1H)2K\)=5[3+:+IHB MFU$XAPM"T0LSZ::Z%"XT0A<_!D621Y8]#6S5YX.(=+P'WWU(V:1%_6UDDP[) M)^51I>DDU-9:<`C9,Q]3;Z[HNCO3^I;O"D/#.W!@N;!W!:-@]EIL2-K.^,T; M&W'"QKH/%KR)5X'5'G>1XZ([4:;*9+JC1P'Z&T3&U#65ZU-;`)P9D&QAJX*` M]60"MY*A3D]`W^1Q.A:V',BT9RHGZZ@6H_NXPR:/.4>*DBF=K]5T;STWI>@<#%&#*A>O:%JEV>C;KBZMA:FH_M/[+\L!K2'!?^`RMB MU.H/C8YJ_Q*U[Q0DGBCN6X]45I=A'P7I>N-SACQF&*;ML#:'/S%L5DRL1TR$ M3`<2B8-'$O<]MIOEI%J>+?S*2O:M,F%NN)E_M('4>:`\8L>G)RR+%`*42H@/ MP]Q'U/\"0*UX2).P+];S/@1NHLL09U2YL8T05Z"OI;S$ZK-8<=(8(QT$L'YB M;%[]0D+V33>?*K(J^_+>4]8D7(^.6(>D8V_SH2[J[D@VN+.;A M-)8X5!S0J!#)+:E^.UMZEE&,I;(.^KR9B>K'N8+H!'/0KY$L)H3W>&%>1HA, MFL7"X:+MINQ:XO@4)J0^D7$9M*G6ZPS6FX$XM=@M2.XC'8\`6@W-6PT6].V[W.S6#8OD`?'\5S[P`T28A$3-$`[!%524@I`9MCLBE8"A]%7O#; M3S[G[Y3T1[!([=X'$AOS$;/R%3]G7^-A%T!WL\U'6J2IJ@QT;>7`]>X=3RS2 MC$(__H+:@8IO1"UHHPZ`N*-Q7E?4:VG)V?OXCXTTL>W%I6D=8S-7X)B=YX6'536+>I$/Z&C$6)YG M(VWYP?O_MBP&1N!:F?):W5?VLRP\R7XE2'BO`;09MH4:'"I>[^>.#:RJJ'R" M)X5H[A22Y;;>/`-$P9SB$ISE=X-*%(W_KM,_9P7R%L`^)40&QT%VL%,P3OV` MX4`)D2!NK83'P)7:IXU9+I0QL*=$/.O:WPY%S%W,VXHX*,O\W0$(HRE-4]KY ML/4W3XQ[`@T4$RJ,MUBZ]8Z*/I\JZ-:4IRE/4]ZQV+KYGL/-P;)1X(X]G423 M1RFCYZ?'(AO6W"2C/^/HFAFF4T!W)F(?R>2.@9VD:;+Y-PBZ+&#\036$S@P0 M0DRE$'G;;BI'FY1\+@5OE*D/6DO0G$=S'L%Y>IKO:+ZC^8[F.^?6>%H-S7F4 M<9ZJ1PJ*!.)(-C:)4RK(F+=RQKSL^23\;4XOY^NAO"TYJ*H1JRPDA/<=G(^J*4M3UK%&\$"9&?S*99J. M$GRX26,#Z13@G64$*@@Q%\AK@35C^Q&F^,7F3+%V]=FIM5%KMKK*Z'5?X+UB MZ[)\]%MAJ?FZB+5_-CJM!,D5K=AJ2M24^(38;)Z/'+78W#TJ*'O]V;C(&0IK MRK^X7S)5[-3P-3\*^4[6V+DFY\[,2=MY6LFT&BL[K8;',VH.:>^SI:YKWR*M M7&G7;YS].ILD;9">K]]JWDQ&WM/V=#!H-`:B?JO>F;9N.H77;[WL MH)G?1.%L`K&C$?*%IWEM].Q*!V'Q=&:2*/@5^8MV@DE<-OBD6MIP)7J)9/O% M!`X\:>EBVU7F`3[+5B]HQR:=:7[S'/Q$`YJHL=5PP;`M3-J?+%.3BQ,JS&_, M^#VR[VEEM>R(!M%U,.WE)5J4B8X%,64F[8>3QCC[3XZB-BB6)4I><8,>SI_" MV529R7#IZ_'R9*%IJS2L_:4Y[)'H*P:WBG81LBH9S?TKT25.#H?`-\(:95<) M'%+MA7ZP2@?:X9>AZ=T[*#-%#[[,;SN'<&6NH;XFY&B@MD.B@3Z^FBYN]+GBF(>#ZP*SQ.@Q&E]D9X;_](8ZR-O,?H// ME@\'V2.OF0IS>]&8W[DV%O,FR+AT_&-X/> M9.N"GKGGM`5UQ^-1>]IHC4;3QO@&)&UK*AX^ZDR'D\;6!3USSVD+&D_KTT&C MT[CI]\>]5KT^NAG+W=:[T^%PZX*>N>>D!34:XQYH))W!I#>\&4\:K<%X+&O* M>]V;:7O;@IZ[YZ0%-5LW_<;-S00W>C-J]?J-25V"?SII-^K;%O3ZW1@-),:/!CB-[[I[3%C3L]CKCFU%]-+[I#;O=7GS.Z MJ3>W4MES]YRTH%:GU9G6!_W637O8Z8[JP_9-2^+#9-"I-[Y@V&P/IZUVO16#?]P>CK8>V7/WG+:@01WX M;G-0[[0'HT9_TNJT;^*']X>#K63_W#VG+6C:ZO1[CBY>TY:4*_5[/;J MG9MQ\Z;1Z#>:K7Y7ZC;C[G`XV*H//7?/:0L:=($RAC?#SF0T:77'C6Y3@G_< MAR^W"M?G[CEM0>-I9S*\J0,1-SN->K,_:/;DPUN@(8^V+NB9>TY:4'_2:;9: MP]:HWNHVVKWIL%67JL2H"3QO*Y4]=\])"QH,ZO7.:-+IC9NM=K_7ZPU'/:G] M33O]<7?;@IZ[Y[0%31OU5J\[G?9!N>HWZL/>(%:VIJ->K[5U0<_<<]*"ANWA MS6#4FX!^/IXVZ]/6L"_%0`-^&6XE^^?N.6U!G5']!E104(:;]>80%(KN*!:4 MK<9P*V-\[I[3%M1K`F$,6Y,&2/";]J0SZ4F%?0P&8&,[A)ZYYZ0%W32'TYN; MF\X89%,7U-%!IQ&KHYW&N+[5EL7],P]IRVHU[SICUN=87LP:8[JO6%/DO!DU)NV1MLA],P])RUHU.GT^I.; M5JO;'350&/7;TG%P,^Y,^X-M"WKNGI,6-!Y..M-F9PJ63*?7!>$T:"7MV4;M M[E8J>^Z>TQ9TT^RT1J"9HU$S`C.K.>W&@G+8K&]?T#/WG+2@"5B:-XT!*`VM MT;`^;8")'.^VVQKUMJH?S]USVH+&_7J[5^^W&YUF=P@VWZ@3DW"]UQILE67/ MW7/:@J:=-O"2;J/>J;<:G1O4E:7V5V\/MUNNS]USTH)`Z^QV0`:,;D!SN,&> M@^-.[,GH#/M;U8_G[CEU0T!;6: M#3B`YF30;H_K8$3`%B4^#)K3[5[8Y^XY;4'=X0T01V<8C+*W[$V,%5_*CX=O3F'^/#]N$F M^:BKUF##YLT67O!2.SS$RY[;X60PG@R'O6FG51^U&V#@]&*=HCEJ M]K8H.2^UPT/<]KD=WO3&]?9D,AUV!M/I3;<^[`]C`=/N-+8X;5YHAP?%`2I) MAP<%%BIYA@=%*JJYPT-"']7P.1]WZ3:\[Z@V;O?$-N@VG ML1<#).OD9HNO\*5V>$BTIY)8>E#XJ)([/"@>5]09@_H*1GA=F'3#>AU4I-$6C_)+[?"0$%PEL?2@F%Y%=WA`D+"2.SPH MZEA)^_"@,&8US_"0N&@ES_"@0&LE=WA0Y+::.SPD%%Q)7]M!L>5*GN%!P>I* M6L`'1;\K>88'A=,K>88'Q>>K>8:'!/PK:3T=E$%02:WMH)2$2M+A03D.E=SA M04D3U=SA(5D8E:3#@](Z*GF&!^6)5%(>'I1X4LTS/"23I9)T>%!J3$%8*J^* M,W:.P9)]BE'7H2!6%3!10`S?+EQ8`\XG9=[5;U_?_/4C35P6I>$TYIE&*>,? M6(?]8+I4QYW4C5.U[O^):W!W]'2(1[OP.6,A_\N/.4#L#YM#-,HB8<.3+@!+ M,PA7256]/S-^:-2Z_3K![(=NOT5UY#O&*:>3D+-3D#MT+\Z\J6&9-(ZX=AZ8 MN_J0ZSZP^=Y6#?0X\=YF#:@W>;.'5>@GO/@:KF?&+W@J/;J$_FRTZ078M0'K MRDT7,(+*]D4#!2^[TJ//^Y`(TSG/&R>9`R5@I;LX\G:]+4#?Z/1Q[#M\^Q20 MX_%&\BOU-2+!G_9%VG5**"5']XH.U1D0.8@0^)AX%BBZ?X`-\_9_PW?/S_`5!+`P04````"`#P?&E' M1]R].:DA``"=<`$`%0`<`&5L;VXM,C`Q-3`Y,S!?8V%L+GAM;%54"0`#A`1! M5H0$059U>`L``00E#@``!#D!``#L/=M2&TFR[R?B_`/'^UQ#W2\3,V<#@[W! M"68@C&=FWSKJ:CI&J-EN"9O]^I,MA(V-+JU6JP2>?3$856;EK;(RL[)*/_W] MT_7HX#;635F-?WY%?L"O#N+85Z$B? MK]^='9Q4?GH=QY.#XSK:20P''\O)U<$?(39_'J2ZNC[XHZK_+&\M0G.H@_O? M1N7X3V>;>/"I*7]L_%6\MF>5MY/9S%>3RTO;=NU$=>7\,-0MGT>CIJ M5\KYY"K6Q]7U31VOXK@I;^,IK+7KV('(KBBRT-M=[1MBRD)]9\/8#-$0M/]K M6C9EZQ#74_=DZ*#S=];P,HA!J;F8UOX*?/1%7?IX-!K-=XW-B>R&*`?M78UP M,SS;4PYF?EU.VNV].1J'XVH\@4@`(H(.6T\'T)W2=U:.XWF"H"24DXZFT0_; M$%R,`WB2V$[95*,RM&[FM1VU<<+E58R39OV("UL#W5=Q4GH[6L_HCB;,(8O? MQG8*6HAA>RZ?H-H1_9<3^'=F5V!#MKEZ.ZH^;LE'-Y0Y^(&=\&$C/*N:#HNL M)\(,O)S?Q'KF1P=4S@J<^^%H>T_19X+M>3TI&S]SR1"@?YEU'0.KH79%5<<- MIQ/PKFCL%G-T@1V`PGD1`;;=-S#9Y.YTG*KZVG8)?KO`;D_A&UN/(1IH+F)] M>04&OHZJ9>.'IZ2CK:T!VQE=[^.GR72]H^D&/3R5W5;!:JCMJ7I;CB$J*>WH M=-Q,ZIDYKZ5I%D[MB-/MR#R*_B=4MK1?W7'L!MJN_FQ]9#;4_=0 M#?NTGIP%0P>=?S,5K@4<@K9;$'E5=ZB?+!@ZZ/R/?NWH,SH!#TIC-Z->"K`] M+?]7E>/)[X!]NC[B6S1V6`HV,^?UD-M3]R[.2N*0\74YC5H\>F@J-I-2%]@A M*&S=K0=50%RPGJ0%@P>FX6)DNT8XZ^!V1UEG%78"'YC.;KYI!X#[+,/'3<][;!N1^.NIK^]J@S\]=QL?1'.0`_T^MK M6]^=IT=+]LC[:CHK!5U4H[++H?EF6')1W77!]$&6BX=_5%7X6(Y&@_*R!&DN MGLZJ\8>S\C:&HZ:)G4M_0^#.Q>&PZZ;3^O%VY-M&+W`49S!H/K2EN6]SYOTT MX$#C.+2'OX-/M%`YG^>;S0;SC2K_E13G<\SZ7Y-MW*Q;==J@#];>'+;2/8RC M2?/PEYF\$2;S3MJ_S?]%JWY[\/U(RLBZ.?7\'LQ5J8(MID:'($24X# MHEX*))Q5B%C)+)-&):Z^9G/6^535#U+=-9^7=F3K39C\!J#`R20>B4(\^8A4 ME!9%GP32T3--`A7:\'4#^_@H3I8RP_7$UFO]YCL+5_8E!? M-SS/1QPV[0IJ,:)R$J\?X-L&[IWHKMJ1L("=G9O"15T%2.G_L'4-;N9N1KL= M'8]LTX#KB6&];73$4`1/`Y7&(.>P0$81B@C1`2EG3-0I2N%-/V.A+]A8=B>] M'-;S544(_A/KV[C>8E9`%<9HJXE3R$86D352(E@S$>&`;6)))O)XVY3@VS7%U[6+I;;S[]D1;>.AN)LT@:3!&-L$L'+!5R MR@27L`WG6)E(&#' MHE]R?V@7,^Q:E+VN]V3*EA=XAG?15Q_&Y;]C.`W@`2"";35]7W69,5/'<#1^ MO`KAL^EU#+_ WZ-C,5.FIJDZ1(!.R1MIPC<+@!!2Z$/.RIW+.*G$Q="2>V,]PC'P)$WJ0U734""<)]LPAC3M;60?58* M]FJ!ZW?D_:IJ3\%B?Z;OXY/[D8`E`N^/-Z1=+X\ETQ=:I<@#R-MX(U!@RB`5 MF$&1@KEH19AAZ3E72+[;13*Q.Q0@6D&,$(AX1U$`?X*,]@Y) M2@RU@@LJ:;]5D*?<];VN@FVU]-)6PD5=W<1ZVFTSF`>/-]<:EN.'G!R]D MA19&(D6E0DI&C&SP`449O<+*!IK$V/&',F-.\6C& M@D'ZAG7`B(60$+5.(8&51$%)1[W3WMB>N;;\SXK8FXYRK(&'%K`51OLPI'`$ MZ)>8(\*X1CQ*@9@F"E'#N5.,>REL/RM3?SDKVT*H+\TUS@.GQQ_4]P!*.+/0,+_<7`T5_$PI^[ZE[^ M,MK;NBDL#XXK<%5$*P-\XX!H4!:YQ+#SUG`?>C9VF?\LE+WK:I='\GU>`!SL M<+7SFWXY9CQ;]R3?@$3L]+F\C'0N>8(L5Z_XNJ+@O#844_*$0Y"?@J(H1J]1 MA/T)21XQ5L09XOR>NL!G!'9H_GX\KF`FVNC`N:D8&1(",\1U`OS:TY`2%E'T MK,MGZOGNH99O&[RW%$B.8&-^L-O^>'2X>S0YMG5]!V[G=SN:KHJU.\$7/C`> MHG=(,"=1Q-8@J@/08XWBQ'.'4\]NW9S&T$N351YY9>OB+OWD_G"GN=^A.K9Q M+P$KG-:*:T-10,9:F1!+EOF<;4Z8^^L$4 MOJ58QDJJ>K MSW/@-)S"!Q)/O@M:'5/`IX,+QJC2D2<4%/'(4&Y1(EH@!WN9M53K@-US/O\9 M3NF#""?+[CZC\3R=E,U-U=C1/^IJ>G,Z]J-I^YU8"Q_'[EH=Z(.TL`83%45" MRCJ-I*.P^2D)OR4N(/#EGO1M;M(OS(2R"C'3M?+%W1^KXXA58(7RD2AM.:(< MV$U6:<2D)2!J*K&QD#*)GE<_!I9/G@CRH>OAGG^@],VGN6%WZ#?H M`EYHPRVA.@$-8/FA;2LB[65HR;UA`<<@?,]B0\Y<62X[E^[B+8!R>OD*X8B6O`RVX980G')"7R2+A$T78 M18)L"(HK#NXJL?T< MS\&&55VU`WGEK'[/V\BZU[V_!B@H]2"79&`[Y@Q)1H'%R`P*G@O-*'.B;STL MNS7T4MB2LO?64LID`\_L"Q9-<^3OPYL!8-)*7-H/'`-?4O,A5'8 MF_8=`JLD05KH]K4.%5$2(F@6"2/N6=^!'-BJ\HLSL_EU*JPL'%\D187UUB/G M@T2)PSS$4H%23"9PKS&-+R4BV6FFLI7(]A*;=*^V+88JO`N&!*,1-TH@YC1# MRDG3QF`D"4>"ECTCE.QI2U_MK0M2MI)6/JO8T%,L!RI4$E[Y%!`L'(,X-1ZQ MME>-2AFD,K!+TYYO8F9W%X/:Q$#"RM+,^<1'?MX%+ZIZII7)I"[==-)FY^^K MEB'8&D',0,J'T_$DUK%993[#3%`8*SPXYX1BE`S"?7#<0A$+(B3"B4"E93U# MX^P)TO`[T]YDO!\+W`E$8(MI>Z]"^HV\0Y9(CXWG; M+L&BM)2&)-=>S'I>5K.9RKZMS0TFIAQF\+Z.MIG6=S,AK+O+]'1P@1VUS-"` M8&$`?L\PXA:W`8&U#B(W363/6VPTSYWE@;4_B(@RU>?7O2Y]5C5M^\MY>F\_ MK:[:;X*I"$$Z1;%$GIB$>`"A,&8<(DP:+R#NB[AG2T*>^&1H?[%S\>6Y^C:Q MY3B&-[8>PU[:/.+J)*;2EZLOP*T#+D@04OB`45`NH1#!A?+@(NS.FF.L'$FQ MY\%PGGKOP$:S$XEEN4Y;75]7XR_>\7PZ:29V'!Y]J?6B2[3+H0H6'=<)&$O) M1D@_M43$MU^30!1E5O(8U-IFB'W6;`>VC&%%E<,D?BG'53V+U==FR-\.+5P4 MU+4/IH9@!?`1,:*BW5L5\7KV/I[IJ?P\995GD+$,(-/=/6VR\/&*RPG\.[O] M>9[:>^)O1]7'/3]BL?C6^D6LRPI2`-\&A?$DWO] MS1;^^VK^8-/1K2U'K6]\6]67(+?+Z*?U.M/:`$M!B+..Q(2$9`XR=JQ1T$(@ M02E+J6VP,3T+]R1/@KLKG7][HV:G,LUTUI MGYWUPU@0HXW6`0*SA"&[2[QMVT@8.1\U249'F[8OJGP')I=-O'MQ;0\OV,7[ MW'^V2,WQFW[=S&U:H MN;W;23D3#RR5>)Z^L-+1DRV!+J+U/D5ND&FSUF`AQ=1$,<1![$ER$V+L^7QE MGA+-'KS6<*+,Z:'`HSYF8E:UW"RVWQ!3@5.2.BJ01Y`*Z1`8PI8:6%PT$LH, M?+1]C><[\E.[D^M>=L(^7YK1'4G!M*2&IH2($!YAA@TL-&$1;>^B,2,<"SWO MPLKOTKIV(M(L2"Y`45BKM*0YMS;U]I$A:I#&VB+L@I,1* M!/VLF[[V79<81J9YCK]NYHOC/,V\;=ODN/+$:\'X(H`OQMI*1#!.2%'+D%&V M/>3SCDEB0DH]3T;W6VO86H]/3K^&D5ZO&]T/7K!*7QZD;)FVS7$U:D_@:CM* M57W6QG+5_"7J!9;0&U=!7Q\Q?LR.F59&8'QT8MX8K(\%P_)$Z#=OGW6[Q8XM M))=4L]>CVG.B\YM6P,V;3['V9;.Z"K`.MDC$:9$L@37B`Q+*>R18&P@X"`.- MDM'UW9OR=&%D8)=&VS^^O[5=UO/>FM_NZG&#XR:DH.).<:,.0T@(C MRW#[W0]<(FI<5%(DP?SV3YZ^='?W['62PUF^22EZ8.[-)Y#$^$-\!V[^?+PX M@%WA-S=!`Y+0GCA(;4P"20#G$3D)`8=6WA*-E27V6;_,G"V\W[%4]Y@ZSJ\\ M;IFP\J1-)&MR\?AV0YY#H!(_"Y`7DLE62P8Q"Y?9*8?TO<6F%/`[?^ M$LOS$L)-'7TY$QG\/HHS;8S#T77;^/7OV=]76$07\$)IY@SW`DG)VTC"MY>_ M"4,0:`CMO6'M+RIEL94>RS.0];LL&Z(,([Z2:NDF:CA[>"5KM3Y:"%9CA M)#P'`285$;48(\J)0K.<)&KL5.RY]^PU-=R!AQE2AEF>/@!W"(%7VT%J_>RK M-.9?C;?"5);"%#(J(@.3B(=(D>96`+PZUH<(+:/03/":7"FYU,(^SVX M'=I&!A1@%A.9/YU[>GUCR[HM*ZR)7Q<#%,HSS[W%*(*WA/",&$CS!$>:\O8; M'"N)74DV^SB%4^:&)EVDY,3Y]=L@*9.2 M*%(X/J@OG]I4@[NGHX1[0(E,@Y(6=4@M)="@@L17B>NVNI'^AK>;7H"M0;6' MAH2WLTUBQ&V!L'4`Y;90U`&VM6BM4=%YK4MM;&83),HL1.I*S)VVD9M$=&@I M`E6J;5Z)<'6PK9)CHYC(7[E52-+'3VFV/"8_[W^@B2)8ZZ6%(%"=#,(%X,06 M-&/,>*KC_[9,-6>_I:.O,_1J<&-/S?&OQ:EO2@0;(K78+->B&,+7)2Q7-G%\ M(SX6U;'Q]Y"XMSA=Z@&R51M"D%!17%*&W(@"+S(!495VYCME)*ZUK>3%' MR;=$W_&NQV#G\X/*C:<>R`\>Q]6)AGA9PJ25`2V4PM6A$0@CG$3.8Y)ML\\, MZS15Y0@^'\UA>'17$/+P?=O!YQIIK="42V#"2N"6)M2J\2,"F7).WAO;-MO5 ML,Y4_3/G/!A;^;\\'L1NCC(RU_GTWU>4:\1QF4UFYDFXQ6JG$)^TN^QIHE&;*6:O!&RW` MJ:Q0@T%1-1$G?$S"6M)2T*?#.C'UO\UTA.>PHLZF6DAN\%^M#:>+1(^::#AEJ#*@ M=FFB9:!)B3G-I'C4,!8,)2&[EHY)M$[)ZF%EHBX`=0,F[2JFW$V&R]V+XZHI MNYZ3;'-O#K;W[CEE`-JWW$B3>++$@'"H+RG#(TBG'9#@A`XF"7F\?D1]S*[F M"WSM-K5?PI??%FZV=&'C2;?ZM'E7XW]OUS<^S\@MVT^'3?:E0G,D0"PJHTZ9 M!-E&"5KGS+Q3U*51)SJORK!]=1O&L"0USL2G)OOO&6['T\G?*?XPGZY*@V]O MU+\F&KI83):E1!)^G%VO7=_/H/RY73;:D2"LD8`'D@)MDP=%2II'F53.WC#2 MMA1T'6?@,9)^@$6I0?L],WT&0U)05^T)998;(^ M*O!5GVO']5TZ[JDAW&2A"`/K?$!Q3^'F*1U#35193I33NO4E;)T8H:[X\C@% M\L`X#_R.]L?39^$E%6Y:P5,@V2N0&;4>E;@'PZ1.J)YPU_9BK=*]V@#$[`G8 M;S6`K3<+R)T@BYQ8>UW@G4V[+:+^-BHT3U2E2QD.P/?6_KT.0533FFF2802*E`LC(0ZD,)1 MH*D4VTN>9:LD86T/^3I2>R^%L^Y4#1MKV&,DZIU!%LYFE5?QRT4WYS_Z^3 ME78@V?_X3H3JVJLRIXM9O%S/Z=BWM:E_I,?TG6OVK)F'HYL%^L`7#?P%^E M/%]L;/NK1)L/RRNB:'^_E779QY_2S8?Y3C3T>5SK;!1-)@EWB!(&9K.&+%@H MF4@8B!"].CVM8Q6`RG\WO'(37 MLWKS5\EI<,AH]^0SC:52&8:P>QL"L!0Y8B\94&WBZIJ8T%'[<[T4GG:Y`G5V MY#4XFU&N7-<.;J6/?]Y(%17BY2!*(U&P$PRR\2N=@0J>N.1M*Y%4BH!]*>3J M"/UZ)SU"M1GKJS1+>6]MDR-/--[$D*FE0(H3IF$FELS/&1*+S"KKC!TO[/-6\%$EIVZQJI(!+*UDS56UX<4?:0>+`Z1X^J%&"*6"#:Q4PTY` M4DG@(P0B280C**ZFE$9=):Y;1G0*5)5\E[@Y+]RTY$Z,'R>SR?*FH/'Y&:+] MD2>;$@UJ><;30Y8L>(Y)4`0G'8(5EC%$(IJSA;`70XSNT:K!CN\9M_MCQ$M+ MK+U-J_HN_SB?7?^([%TG7%W^D*;Q:K[X]\']XEG/-\X0YRPU0(,PH%%E`"DD MSCUS8YR6J%*T%*[KI`KIEB-]85:#+ZOJA;?A9A4W=CQ;\KZ?-S8E%QV+X/'D MA)R#@T3PHTFEY'.4@K:]`JV3]*-S<;,+B*J(%0OE M^],;:Y@RT1$N@.L8P4EMP5!<(V=Y%)XQC^+NF&DX"#L>,[1_V$=&QJ(Q+0_G M!.^@U89*NO8R@'>TE"'1*9J6Y;2XG>2<`@I' M>[\_5?H\UEZ30N*)4H9@1`*,X9NLDRVNFXZ2%"SENF4%EQ%&Z70O;/:`;Q7[ M]HNH,EOGHKP:@5Y8F=GOL8;@MAOR+ M65ROSML92D@?[YWL'7?YQBUFN`(E%?; MCSXMROF\S>FQ?'=[L[QQLR)#'MB73FRI"<[ZY),`030'KQF^=5Y+H(X0HR0J M\,32%50*4TQ'9WTYC7/;9IH!X9`8N$%038[*@!)Z5.>*7>M29OGM= M_WE=9&N(#'OG\!1:VS3DI_+M>(N--([B&1,A>N:!YVR!$A%!>(X`*1%Y&&6F MI-$PKQ>,^SO,GSA_?L,CY[:W6_&'G?8J.UQ-9FX6)F[Z=E;R@3L&R"#"9RZXZ:3NJ@LIW&"?/?/M0X54I%<@'9"091J0R. M.0$2MY:02C$E->J@['Z7=MXCCC5.[2/H!-19RL*EN'*]VA9=*/:,M8GW\+5X M)^TWC&?AE2G5D$7&$TY3D"QJL$%E;[P1.:JS3_0^5?I!25@+\S'SM=@Q^N3K MO?8;35-PC&6PF0;(Y2\1LP)/J;,B,J]82[[6,8N^"+J>"WE_`ND^&6H=JGR- M?Q;WSDG?+VX,I>Y]\ MIF%O+EY?ZE=OA%171K[62EZ^$NS2V*N+5Q?Z4C=69\L-`$2VR8%&`SDJ`<\(""D$* M@O'1)A>)D2US7502+2MQY&%4PI`K,,0A?ZX*F_ARH0EG1`,WP3)SW.Z&L/.W\.&Y*R'L:7G]/AF_7MSYKD MDK8B,-"E#DR(ED+*GH.UCN5,,Q-AL-I/FV'^XO[\">7\!;X/ZYOEDJ-D\?G@ MKG_\X49I*HT3J+GBE@/6DPQ!X9%G$LO$AJ!LV^J;M3SJVR[CHQO]'K"JXXVR M&?A5R3[Q`37!XH=Z,D6>?KJ1+!&7?`)'>$;]U4?PQ,EB^XBAS-N'EE$7M3+Z M=V9%[/3C_-9_,;G['KFY[3UW/AIRGNJL(9*^OUZ_IN@B_CPT0??=SY`*SK_[Z7;='O?:[ M=I/KV227TDTWKV^7-RC]+VIV50?1/1WW"^K-//SQ83Y%&6*YSGY:_`8_?IK. MOZ2T^O+=I])HV0M&,89^][\V0^F9$:>,J%^J%!EQ\>5=WB'I10CSV]6%P_OY M=!+Z.]Z?UWG/Y'C6&(H@^^=D.AW#6![DPQK#D)[#DW_^HWSEW3+AA_\!4$L# M!!0````(`/!\:4<-$@PK)B,``'2C`0`5`!P`96QO;BTR,#$U,#DS,%]D968N M>&UL550)``.$!$%6A`1!5G5X"P`!!"4.```$.0$``.1=WW>C.)9^WW/V?\C6 M/*>#$!)2GZZ=(_2C)WO2E6Q2W3-O'&(K"=,8,H"3RO[U*[!Q)17;8`P89UZZ M4XET=?7=3]+5U47ZY:_?9M')DTZS,(D_?P(_69].=#Q)IF%\__G3[S>G[(:? MGW_ZZW__YW_\\E^GI__PKB].1#*9SW2GCR'^//9V?/ MS\\_?;M-HY^2]/[,MBQXMJJUL43QK].JV&GQJU-@GT+PT[=L^NG$]"_.&LA? MEORY^.LT7U5X71B=+?ZX*EK4?2/Z&99E`:7TK/SKJF@6KBMHA(*S?_QV<5.B M<1K&61[$$_W)P'5R\DN:1/I:WYT4___]^OR-`&UJ1$G\TR29G15_/V.323K7 MTXLPN`VC,`]U9MHN5/CY(=5WGS\5I0TX`%D46@4T?]E<(W]YU)\_9>'L,3*X MG'6BC=!Y$$8ME/JA8A^Z?0UNHS9XO:W7B6;SV3PJ!M5E_J!3GLP>4_V@XRQ\ MTN=F6,YT`R6;BAA$W^9FWU'2(-HW)L9N@KK0_5_S,`N+N;->NW=%.VV_L84W MU>A4FZMY.GDPT_E5&DXTBZ+E`K.[DLT$#:%[4Q+N)F=_S0W-9V%>>`(9BZ<\ MB7/C-!CGH<'2TZ!JK_I=A+&^O#/^RS3,&U*CG;0N>A%/S4RBBR:S)`JGQ33C M!5'A)]P\:)UG]26N@M3H_:#SI)_YO< M_+?DE>%0D#VH*'G>LQ_-1`[1'[,25@OA19(U&&0M!0[0E\M'G9;S:(?&V2+S M,#W:?Z9HT\#^?15A-BFG9..@?V^UK@/;:_6E5<,%IU'EOG1LYG,TJ=N!ALMX M@UEVI6DL?SF/[Y)T%C1Q?IO4W5]#&:2Q\0:R*YW>/!B"UVFUJ7SWFC3D6DVU MWO3ZJK_E\_J)IEGM[K5L-@JVU]I?*Q7&QBL)@^@\SO*TI'.M3MOJ]*,1>S(F M*7JNDO0FB/2-GLS3UP$XAL.JO<1^>K.'VD/J MUW!6:"ZA'VV;S0[U-??7KHHQ?:M79TW13MO?S82U%;O0[]:6[UF(WE)K4[4+#8KJ=&%.8U;9>I36%.];A*@J:^@UU]?K3K+$) M&U7O6,]F<].6*OOK0E+UJ7?[Q\+`_RS,Q:KW`;80/WH>&ZMX_,P_2H M*?7W%SUP_QH.EO8B.^C/?#8+TI?+NU=#EDTFR;P,L%PE4=CD*'HW*4-IW73` MM!$V5!]^39+ILBS3C0-J7<@>JH?=CIM&XR=( M)U5'EC^^[LLJ`]/LK<^FX>QL6>8LB'Z8=S?D>%9IFT5J*"IU?U6S2X7,S\7) MM$%JJN^">92W5&^CG)Z4369!&.^OZQLQG:I:2CZ=Z=FM3MOJN4YÐ^&%GI M9'ZK3U>0M%1UBZ2U"AN2A'&9^'5ARBQ+%CJU31A>M&+<#QU/BX2$KMM9.[/U MU]PZOZ/#UG9+MQVPX>TPEZV;]J-DLHZF)47O@NRVY.D\.[T/@L>S8@4XTU&> M5;\IUX13"RS3[?^R_+7?0+TB?:?(G#O/]6RE9!3`* MR[$=R3%0D'B"0N%0QAU.T%M`RNS()*WL<6A$2K+NCT8IQG>9)SW,;6H@8()0 M%TM5(0$H4G5(?.C[+Y,X-R-/1F5FE)G!%_&CWDFW2L9:;,Z*+B=Q>:[^+=PV MYK;6\Z%%;4$90=`#0BF!@:0&'"41402`V@'6$:VVK).M:;:C]9/^8"LYU3,] M?E!3O/'@UM!B;7G?1A!RB`@4'L;4X.:X!BW'LKDM+$@;)2V.R); M!/BNBRBQ,2E"!P1X+G$1JZ92QAQW*%JLV_Z]Y\2>UMOL<70'T<#D^*+SW^-4 M!U'X?WI:I'TL5/_5X%*LE[O0I)$H7Q&.+>0XP+814I0(XL`*#8@BZ`DR.*`,Q>L,&"V.C4AY7;;9Q;(KB=3>_/'8K?^'R>%KV\TFF83/E#$-^O MBYEL*NI['D.,$:966^R[)4Z32*SVZKYP/8H\H#+.83(XQ:2%N5$41=# MX%#(#A.%+2Y:FWGUK[I([*ZB?,D!)-1&V)/0*J9NAG@%'`$8CC$RVQ\[DJ&`',(CWJ+]=]V_!#-= M&[_;49+O$N!"L]=PS=850D61@UB%!6`(C#>^VXO%F[.J0S3_O1DVNMCQ,1)K M>$()_63/:I/=FR:1/U(9@2)5A7WX25BSW#^%C/3NVU/(Q$%A91@4@A'K/K( M6+OSAMZV]D,QHSO$AF#%US28ZJ+7]53XL:A!2$%%'-NB4'J&[5+)U6QK0]G. M_O#8[;\G3$,8?8WS7[,QVE##YQ@['%D*VHA!&W`76&*U326<#S0%C',3U`UH MAR)$\6.JZQW0VKJ^\#A`+E8O2#(#<$IZZ"E\4=2\E2R:IG.OLU?75CZ!KVU%7U MI>,IBET*/4L0;#N06:M12#UBC6MSV0M/.L9HR%F&)[/;,"[WOV^N7BMS\^YT M:OB\2.=:T?P\R^9ZRN)I\4/-<6"'K?A(V1;&E-I">$0!KBBU*@P%\]JM7KUM M8GN=CX:'\W"47'U"@B*4)RKE9G3R+,(=)AN5J5G!(NX_C MT+%S^?!('XCCUWJ2W,=EMO74=":\"X-5++9R=\VB\NJ[8O,WL\%Z%;AM$JSL MN$6?0"HX98(@9%,A`61@Y6Y9"K1+9<3'SN(#0#M,5O1"]2W'!G_7Q8F?Z=V3 M&8CW^O=,W\VCB_!N^S?%[<7ZGF4#YDA724D$M8`'$:Q0XA9LYZNZ1T7``?%K M%4%309@^%1Y'&#_.\VQ:W-IOIO'2.XF29QU/D[MT6PYU8P$^<12U@<,0H@(K M9$L)5^X,=4"[KW?(4;"A5Z0ZM_N#X>-^AG\KP;<%DL1R7:QLS)"4&(O5(N_9 MK)WEZ<>P_%Y0C6L_6BV9+YUL.E?2?,2(S22PI84?\>8.%*%?4\8A9N1TNH7`0<&Q!J$*,F^%/]WF#L!5V MJ`".0@`!*2G!JD+$!7RH),[VGS3L7,X:APJ8\>E"%!HYDC;P1P`SW+A:GJD7(P_!Z,M MSELR=G;#Y-@"Y\7+M,5UX::(V3B_?J&NY_CY^X9]Z'*SB2)N<0!G-N:6!3E= M(NT1A\C1LV]_-W94"!\=EQ=7*"Q*&BG:]'O`$Z%-S?NN36R+.X`XW$+0<@'C M5H6ZAV2[0\[#9"R-@M?=X'QL[*Z>>]LQZ+=_>SZ3C@+49@R[TFR=L+2H6^'* MA5=[B\2(,J'&P-^VP!X;8=^,TT/,P;ZR/4*EXR#/<2UH8>1B6>$K&&LW\1XF M4VH,Q-T'W&,C[U6:/.HT?RD>S+'"9E:@RD[@KH8R/X83.F!`0.LQ!I=TYQ MF(RI,9"X/;1#T+9Z+FH+SZHBOBV-\DJZMH>9$DIXF'N5]M1E[6:WPV0RM25& M2RR.;0):>A.O_[#(;,VN@I?=O_/H3P^?<`B9D-1XY\A3KB2*K]QTQV[Y@L=A M\JG&,%EU#?CQ$_]@3/<=QX!*/>8A!+%E4R[M54"04KO=*R*'21@;)[5W1/C8 MN/Q%#[4A,BWY`$B%+>793#DV1D0@9"^QY-"C+0\(#I.?-@:Z[H[IX7+7^KQB MV&`Y"\O/9S*#TRK=[_V;F0,T6##D\HX;DX7Y(?/UA+[-S^,L3^>S#9MD,E=`1S,""> M@Y8!,(@I@4/=\[HUUVYOF[R[W6Y?'$:;2;<8?/[67.'Z^WVQ>2(7R?MTK6)CNM*^XC#Q/"*>#* ML;BR+88HJL8.]EP\WARX?4RTU=I[(?-1[#ZZO+9#FWMX,[]VGFJOK7Q?V+<\ M!0F2B@@'6+9G<6S1JD?<%D,]JMEP?[&?49*.T1C"OC=Y$$]O7RYTGNLT:VSI M;=5\)2#ATD6`<6(5'P/"[ZX0P'!D;YUU:O,.<1EZ=%<(+",N7I*FR;/91/'@ MT?QEZY=QNXCQB[,_Y%(74T"%H3VRH;N"ULI_8C!U=N_L]0C4$8:ZU@2*< MY*\?[\N6^F\AR+9J/H9"8,(M9C%J`R!LAKRJEXC2D=UMW34A.H2F55;[EWG1 MW\N[Q91547-3=OOZTCYF`'I"`#-).HHC84%*5NN:Z[3;N/>6S]:5";M#I*\@ M($_BJ7%M=1$0RY(HG!9/CGE!%,03??.@M6%:;8G%JVP/.@\G0?16[>Z"=W5* M_!X'

W?LXL!J7C\M/M@\. MR!I-!F"L*.Y!*&+,:I MSKP7\X_')`NB7]-D_I@9$9&Q5GR_OG=-HN,#:N$K2:E9AXEUQY%3X8R3X4&&$K2<#H^1C M<@SV&NT)Q@JH9?_B>S;)PZ?RQ/=FH4/-L49#"3[TL)+809;E208LRY(VK0!S MS9_&>-8Q.C*]#\;T@/T@4;F%=FOTK@VTUU7UH0-<3#EV,+2!V51B[*W0!`X> M\6%+Y_;\D2_]0/?1"3.Z4YK1\^1@_%@_R]9'^^MK^Q9!PC8("L\5A&%H/!2O M\DB40.T^:>PMK-N="==SHT.HAJ#'FT5Y^YI\K9]T/-^:V;.S,!]0`H$+7*B( M8[!T>_="".C)4^R(AI4?.F1W231MHO8]Y#J$PH1 M@@YS.;"5S6W%935T.7.==K-<;V<5'XRH>UIC9(Q=K3WRVV,1X>R&L3]*]2G& MC-L&(LOB0+H8(YLO,3)+C4=:,;:WHYD/QM@]K3$08]_KO3!#<;Z@C(G6%O'T M79+J1<&OP;?M[.VB!=^13`A*)"1`VHZ!3'C5^B1L&[>[DKVWNP>.A,D'L,S! M6&U4E7=W>I)?WJW]^ZXOOR M_QA8UA'40Q"IP6R=?=%F9&Q?HW<1XSN8N-RS):>NQRCBKH"J0L&R0;N`8&\W M"AP#X7J$?VPD9'F>AK?SO#C9^9I\2>*BK+%G].HAUHZ(VJ0IGV%"$`?(-N,: M6+8MS<:Q0A-PU.Z2[MZN(OAH9.[!1.,F_+5^3-)R1V@J;$VJ[JP-G[B60RBV M*8/,%A063QI7^+G,:W>VW-N5!!^;XOO99I@4[S(<7'3L6D?!(I^NYDZ-C75\ MII09K+8K@24!=*4D`*_&+B(ML_U[NV#@&,C7%=A])1UO2>7H*T,RF92IW,5E M<^6P>O7&9S\MRB"-C8FS*YW>/`2I'J:5[3F?_33VU=0(,.LZ39=D+A`HPHD0Y12W0(4K3=]6T=9^,.8?SD`&B. M-E=VU7OO9?7CWT(SMZ23AY<+X[-$-:FRS03XV!6>!Y1+I;(E-FX-0[2"BTHR M5*+13IFR?3-C$Q&[1'*(O<=*V]]T4#C7Y7+UO@NU.8T[R?&9D%(!I(B"HLCV MHICS"@>./#G>C-BN#;V)1SW"^.]+J]'ES1X5FP[(HN4D7@`":W-GM]3RF?$L MS#Y=>*J\]5\0::&JCZ[R1G8Y2D_VJW&BVN,U!"<._\(T-"X"@Y);$CN6"P1C M-JR<5:ZLD3TP=P"OO']0QT4TEI;/L2]V^@_%C^)0V<)XN<7-)TOL%?':G2[WEF([:D(/:8B^HLGK`EBCB%0M;P-^ MN+%GSK-?5W_<5:MY7VO<`:.#H]PZ MI)&S6G'BH&76M4`Q!G+MH!K'BN4SD\-$V43(7HK.Z)YY%(GQ:G0,WC`U'!E' M+55\NT41M3([KN&[8,3.U^@``F,:Y/X:5E,RX56DL91A))MN`AY.=AT9'BC2 MTL"F][G4E/.&T)&MU-[H7-G#,UBOT7H!U=6(TF7%[BG&P4[0=^'J3*+H\](U MHV#\ZYI5R;Y0^=941O(/CDK^[48%[3UE&J*XBB-DC'70F\ZQU'C<=N92DG]# M]3<@^3<.KTO9!!IE$[M106)M!*38`BFI]=:2^%:UCJ3$XUSC]+F/[#8Q#J_W M620`,)`402$$,LIRIA$@K8Q`DW%E),D:>%S.)L;AE<,F'D.![IF?]HZHKYO; M]6Q^;+]C[]@`I4'.6&2U<4A'48T`.WFU,C`;ZW*B?5PT03$UJCFLJ&E!WQQM M&?]Q?]PM[F?+%Z_6DPQ'K&GP=P1$C+;:T6:5]91"2T6[VD9$5+;BM6%6-:$^ M7Q_3E0BQ+//.P3TGQR:<@X,"T-(`YBV6@BDML,:0=QA"4=A!+>EL8C*(+KKX MC%ET@M5(2*2]A9YK2(`$KB6E--1LW&*3S!E):`(3(516Z5BJ&D6-K'200D2` M!90*`#3MID:J2@UK+NJBI,?YN.T=."[JT=7^UA9E+9^0J5;-IN>OCSNFWS"@ M4X8'`;3SB'/F#GHM83$)@+U#4=WR_<=J9\O.ZOJG6 MMP^?(U;;S>31X[L9>EA[_^#`H//"22TD%MQ;P`#A1D(0'04#M>^M($LC]9>H MG:N[IL_501'ZBNR&?D4@G$HB.(4:N>@>2^:]V2&@I;7CNNU,7$,WI2)?=P=/ M@U.Q=6\'I=0/_XI/WI,F'C`Z(!P].$@XQ$2`.(M)@UD$"E(C,)0XU_:'DW+$ MTUM!G1JX''[J83#B(_2FYP:,#A@;)@S3B$7?GDJ/`+6-S)[JN+!*5&ZN=U*- M#K66LY'[:UA-<:GX08[67/8Q:0NT9_=) M:0K_J.,;_.]XI[M4C>.>WR&',;S=*#+E/?)(UR'$5H"M MU6V/'AK.@O5^2R"(4D24`YIKH9402.L6!P-Q$9M)IU7H02IL:K"*9 M_NO-ZP,GD#C3_(W^NJ1$4R8[,#PLXZ#3-/@L5$&RP23*L;C0'H(F&>@E8%ZTNLJY647SM9$G1:?[*_USE/Z MK5XN?;W^<[8^=B9IS\C`M2,,>,PLU0)0Y`'9579X)AD8V48_BRU,[3A."]6E MS.)$6PB>>R4-5M!JBZQ"D%/72F49*^QX['FQVS]O>?TC/W+ M@]6"&66$=SI"`J4"S+92&=K?@3QOS5P6A8^#)DOR8?;PN-&E7K])&KV5:#@P M)##(*#1.>FL`5%Y;[=MEC7DIQTWUR4K?4BE^(GA290\.\7:7K%[K3JT90M;M M7QP4Q,Y+A@FEEG,,2%<:&.$VH'?+1V*I>MFW%Q<&PYU4PEN,)3<68!8GAE8: M3&2NPJ"C!-LY2GA-IYTC_0=GS+Q#SC/JFZHIX)4'RJH6#&MYKAURIS%F(_4Y MB!0[#9#W18C$9<$Z'<4AWBK(E'>6=$AI9]\;*3985P.9D7'X?"P;>">D6&[5 MOP=2C##!XER(E912$\:I];B5@4+:V\BV#%)LL"9.)L5.PV>4CO]YU]SITS=W M?;.L'ZIJ\UMU=3>OKO1#7^QSRO#@?0SFI0`&4Q8_0PV>ECQF=6'TYP2N7$)T MLH1!*4MFOCPZG/LE?(EOTW,X7^H%<7O0Y_:,61=ON5[-EN9N)`BQ;5(%?$T5/=D=H4CE1\),>TV)"V6RA^JNKO MZ]G-C\5\UM"X@DO?/M36CLXQ)"<"6*.4&BW M#CU_TMY@Z."8P(V7&`,LO%'`P\8_(*U\`BM=;D@\@6\'$*'T\:R@N."[) M"/(K7\6Y,#[@IG?KTLL+`V6&>X4T!Y1!3SDS;45-G"8M**S+]@0:>=VAY1PX MI4KU*?+@I0$6DMAI108(&@GB'<2H`$')<73)80GEZAHZ'(TV5I,?L\ MFR^^+>;]+^KK:X-B0E@*L&(0(\R)UL2W\@`*Q[VKR5*^"=[5,Q$916/MG,]G M1[/IAU:FAR.=&8,]-*@66V,'`P69DI($R&8)XLQ2-* M`TB6`$S3@TD0YIPQG`@M8#=/>5[*_M`4ZMC+2(Q")!5M>8CF2[J;;.^F2?G2 MQ?=5,YW.5K?=*YSO3@44PYAZ-8]H/W9(^VVQ^7T(.WIX4""$&(FCP3H-#41* M&K*S?.RC'?-W>= M`HUBF<8]Z08U73HR*BB.J60&:<6CJP>:$VM%"TS31*1$MO%<'?>9S&AX`>L.:8.4")I[9]+J]]86W>)T&XG@J-<5I: M5#757!*6)((9QU[2EAIYQ13I+A$*/R^XEH_RFU\Y8),XJ:_IU]I]ZO1GEU@$9XI51T1ZF2B'C)%.\\4:X*.]1I0I=Z.E`NL@)^C@YE_,'L>P5/ M60*?#0N,4^>E`M%4@:2,0P9WE"4!!MIAEUN6EZHMT^-,W1=J5]VU]^NFF^M"G@+.$1+ME]J'NF:GV_F%=??LS6E9YM MFMX@US?1K=N:E5IN7YSXJ:D>F==1G?^KKJ*A+>K''B)#:)Z)[Q0(DCZ^,1`A MHKTU7!BXRRUB#:SHG?13U\9-(^_PDKD)[Q>=<2ZL`5Q+*S"!$5/J6VP-8D5L MX[J8/1TLL+N]$[V'#CHP*FG+)E3!,($NM$Y*VU2=13=H5 M7GMW$1.I4Z&;PVD\\+2]Q,G1<0$(`1R&D`%M8]3)L32ZPTX)42ZA-HGVAEG$ M65A]7-LHCE8KSR0F(`::B:[N:I6/DS=O71N:$T@9%4(3J;1$P%,IGJ9'5Q@I M,!'>];2HC-+_MDK_.UK]7S8EI[K^-1U/U5N;U#0W6*TFL=]8P M;)N-]P2H5EJI];B"GF2%>M/:02*0#Q@=)*9:4T(-ET!&4!W5L)59`37.EZ/ORSJFQRF+;?2$QLWQT,O99K,E MEIL?_+SJ#I?H$-P,..M]VAL%9!46FF+JA'8X>M]&/"W-6&9+R@^SN&)(M$LJ M(Q#%'>28X$+BWHNI?;7.R%2 M8)LLFS8BM92VQ/J4!TJ:][N[OIZM'SY]>Y9P5/-Y?;<]P/ESO5S,DYV3,NS> M2<_1&?8(/]7UU9^+Y?*22N#48+:0F.T8[3C%''B=P5-AAIK.]M MOIXZ\=<^\?#4W8L1(7IAF&F/FD,!/=+Q4[O5/DYGP.?J.GTT^7:&5@ZFS\Y! MH=@$6'N@O)K'F7&S&)#\.C`B((+BVN8%\#HN/+19ZGP+B(J^5=F)KY'*W3L/ M<0ILB17?&+:$>2YUZ^ M__S7'P]K\!3G19*EOWS0?](^@#A=9JLDO?OEP^_79^3:N[CX\->__.N__/G? MSL[^[GZY!'ZVW#S$:0F\/([*>`6^)^4]^-LJ+KZ!VSQ[`'_+\F_)4W1VUOP5 MJ#^MD_3;S^P_-U$1@Q]%\G.QO(\?HLML&955\?=E^?CS^?GW[]]_^G&3KW_* M\KMS0]/@>?=7;S[!_G76/G;&OCK3C3.H__2C6'T`U,BTJ,KF**1]_,>KY[_# MZFD=8WQ>_=H]6B2''J2OU<___NGRNK+S+$F+,DJ7\0?*!@`U'WFVCK_$MX#] M__$UQ5&^[S^/;PZ]8Y_G>&QA% MF%&DVXRB/YUX'M>4G_,A!O1`7+Y&JPQ>1<-O?5`>X_7E"V4# M_DI;<"P7\NM7R@9=5[8@7:FHPR]?*QN\7,QJ*T=61FO)E>/5*]\&O6:/7=)/ MS9/L]4=DN"J]$=>=-\<_RCA=Q:M://?>#9+5+Q_HI\6F.+N+HL>%NRF2-"X* M+WNX2=(JN!3DIBCS:%DN8(A-%#H0^Y:KV7YH$.2;AH]P&&*(+7U1O7,1IV>_ M7[<0JJ\DEO%!A(K7+.=QD6WR91VI*#@6JVN\?VEA@5U%T6[3=G[)LS36\B[I]X6'I);K:42V[-U9IE M%UG>5LF]BD/R)D:*(RX(L_[%)D0 M+5R4700ZV1K'QB;2@,LW`NF15DS6ZR8I!MDMN*)/W;/L]RI/EC%MV6F1T$I; M_?YV>YZ'#_G$=,[N$]/?UA+FMZTM8&L,J*T!K3D@2E=@QR#06`3^J&P"S"A0 M636V=DMVRA&YG\K],XD0DYF?S:,5)VEB^N2OOD^6U.7%`&%4CY3)`%- M.K/G.*Y^_/S(=/&*MLIM1#1NDHG)2 M5COID<'_B3L.,&HJ==@?F)%7H,"[/1JG'O?+]#$.=/-`.] MOH_RV*4)Z8IV/Q[CM*CJ_#9GW8T?]6",EQ5E446'!7$+-O,9U+N"/?1;K, M'FB\CM>J+&\.E>+XKX!I19 M(\UHCOD4IYNX^!0_W,3YPC4TT[8020UU'H$Y/8EC=_,MX$E'84 M_OJI[8'Z-WBZ\"USWU+=P?3,07F'&Y')K#&B4W?QFOYZ1]+5IRC_%I?T<_"# M]5SCIEP_)-CTP\#W;.@'T,2F1MIRL>M"/C&65IQR7;Z.UC1O8Q/K#RU"47V1 MQRWGO-:8I`I.4=70*CX[<*!!Q\&KFDFF$WP=FR^21?5,^N;R['DYBR.7*&X] M^S5.XSQ:TW+)ZB%)$[;PH4R>XOW"-=^&IJ,AW4>^I85^B"VM6P>A^YR]=KEE M*E>V!F;5%J,]H'T%3A+9?"HW/LMB4K=+[S["J?6.B[DCHB>7^9DHGV2C,I65 M53BGNV.)HY\4E`NJO)MX]?FQV070=N@QM%S7,BW/P1IV?2NP7+TMFFA$:)9& M1GF*YVIVL8$MN/Z9G02&>9.[<[Z&[X%),_I<_6D^LWS7AVXBIZKK\GW*%]]W/^S M:DJ'S^%*XH%DSQR)'5/5@9G$F:"'7(\>Z+=.X?B:19RKK M7W:&IG0"=]QI\,2KPW`;05P@D[!UR*.<+`Q-P+2;O'<`W^Y&GP[(2N>9C[H@,2Z9^)O(JVZI,:7T5E,,P M2O+_B=:;F(UAK;-B0RMN)\$FA,BT;6(C!^HF)@'$R$,A=FP368'E<+;(066H M:X<,%JAP@1U@TV5+QV@ZTNBDL#N3IB;'EDQ!]>O;K"[2QPWK37>GO_SW)DK+ MI*RFPB[2VRQ_J)IYO473MXD6.#Z$OJ/;%D:!B<(.38B%3OE2!$'Q6.M.HZQQ M?]P][^DCV,4.=L#WW*RORD^"PCB=BWI+IF3OJ%54(7YYM%:-P^:FPHJL?$N? M59(JKMSN<_?QOY(XIR^X?[YD:U*K?:6VX[NN'CHX"(W`UBU$+-R6C@-$>BGU ML")'4^:/H$/7;S>Z+(X%578\>ONJJ@BS:A7S*%<\"BF'[+DIHB2KWE)`F:2) M*]ZG.&+)<34,]QI'LZV4^$$0ZE:(0NA#0S>P[7DM",]R@U[")Z7D\3+3G4;: M;XNZ9,H%=7!TMGLGF2)$J]5#'LYX9%$J]W-31[G&O262"BCLW:]GV@R;A5X$ M.KH.J4:'@6E:KH\"S6J+=$+7&M)Y%REGQ#RPZP0R?`#V74LZB-5^76U5A/;/ M_,2Y'*7/O$.40,>X#[US4[,AIISHXO:G1]T(Y&6WXL>WH6;[OJ9C"]O0@!2@ MT2#"D-B#A$PBC-F.1%[V7MVITFF*AB35^&NL84DN5\UC;/*28PGF"-Z;J4JK ML'3H.&5?_BZN4ZP>T665/IJ)("LU\?2%7I+I M5"#!._M'"N^>?;Q(R4.V2%'R+7%EN/ M.!?4RA2I<>1^=0)E;%G=\,7[4-X766I3645Y3V'K4%.E!+JQJE&[RX\CD1+[Y`Z MIMN4]H0(<@SH:+[C>IZNA[IE:&X+Q=!)V/2$VKN1E23BIS"(]X,.7^7,UPNZ M#JZ^-MT@K>H&6;.5+U59-Z]#WIVL]#!10M8M1B=W9QN\HW)&;@N5K@83,PB(L0-*GX&+ZIF385'=X9=-G%JDMUWCJ4A*6]+5A0 MHYUNP;L@G4=:NBK'S*25*S,O&Z=^"[;NJSQ;QO&J""D1?O)$NVM)NM M`L7%PD*T2%:*85N&QZY(#8*V:!.*W8PGHSS%DU$M1,`J!UAM0;)NR*]YL@(W M#5;!3JH4KOG4F7DP4WQ'K0I=_3,5^WUM!9'F!]]80`7X.A!^%),_AM'M% MEF7*:ZA(3&HN/RFC_"XNBS*+HSQ='D:UT$/'M&@Y1/,([>`;%(O?EN\C#+DC MDLQ"%<>C!BIHL((R`PSMT+DC^=QS1*.I:!>+1>^&<8%(-!7S_>*0/`_PQ2$! M=MZ*0BH(GD,,4F)7IKAFBL0?MMBNFI#/;M\H-H^73[@86@;Q*B MN2&B`;$;AR*!SQV`I)8ZQOKDDVL6P!:PB"#*I9\C!DW&O%@0>D>D"X2ARNKW'^P!INL;DY M6\=1$5>SDL7F\7']#**=4[97,?W_"B34T7=I=6HD_3*IACTJ0P2G.I2[<,`D M\D3>DS&I_+$]V[Y;$,?@@QW\(&(&=//.B&HCR8;0=3%49D\^$ M(\#.TB&V9[T!#]Z*#?L.;BR8E<,$^DESN<`6/=Y?TW;<6.* M^LA!3?=($"+D(%>S+(P,R]1;^);O"1V,,!?,B@/\B\6FIQ6GZ'F2ZUSXY.P% MS@7N6+F"',\KZ2".Y(HC'@-7"[PI+[TCRS)YJDZT M:"ZVK(Z=A*X=!K9I:9H;$%W3M,#`W?(2^I/0/;F2RE0'-V)#1UQ\:> M;=KLY$A=MVVWTUO=M.T>%X/W+VP2I>MWJNUP8CE%;DQ.9:C;-&?7GJ+IF+#) M8G@NBB;-GL,7@,LB:D8C'I?=X65A@#%T+`AM$MA(1Q[!K0D.TARNN8HYXE:L MK+6IVWLX/X+&6E"96TUV;`W>NX+JYOGE)EVNWO-E[W,GY^26V0R@J*E)8O%D MII7HG8[#=!Z=="Q&O%[-)(K.DIK1QV3ZND]DJ1G_)$NU2GNA8P1U1W=@B$+3 MPY9OF:1!XAG(=017E\DN?IR].*);WU7PS+T$;$J*U<_Y5YC'7^L%7&K)5"&M7E:4Q>?;7[-L55QGZ]4"86A9T"2.IQNAX1FA%[@M M).*80C>^J<2A6&P9'K;4,UD*Z^2LE7+<,5^.I\&`8?,/SSE>273,O1 MYM[^>W\BW=_4_FH]D%X5LMV-Q+7WIF/;)IY!$6F:IP>.S8YM:2#Y%G&1(MD6 MQC':.']<`U(HW.(^D"[<2NE7+=Q;7S7HYRO;+WF6(]N]O??^9+N_J?UE>R"] MP_;,U0,TEUG1'+-UX!$WOLWRN'[P:_1C80;$]S$*(-(#PZ2H?+?M#/B&81N+ M,BNC-;>$CX))2,X[^-RBPK"V9P$>W!,!;BK`;/L$&T`NHQ]]%'\<]W&K_^P\ M)QP)#NI],\C_'\R,_VS/'SS\:./5YB^H.7/83"?NA.-A8E0WSR=DC&LVSR8[ MY;0/"R6TO.#V-EZ6GV\/_KY`IF$ZCN4[@6-!W[.(1IP63!CXUB*-[]AFLZ\# M]UX/!L*E.;C6G%>812<3I<6"X?P/4/YQ.)>J\Q0RJ#&S49G#3\U!ST]1*ZK> MTEPU9ZV69R2/,DNFE%N'?XV2E,6#S^EUM-XY&7?A0@N&+O*PY4`':.Y1N!AQR78\AP? MABT&S=!MD4$$J04K'BF@.,#ZU&C!1Y#&97T_7N\44:XW1!8!3N"(7JOX3G?P MJ2-^JQU!`>\.%5^Q:PS9G71EF2W@XC!?0/RN<%(&ZCJ@0Q#-8?NR:OH%2SOV7E$P,MR:DWU$+@NL^6W^VQ- M&]#H_9F!CE<=OE3Z?)JX=17E$'"D`8[PPET+="A$P1(M[O89R%O\13G-QGO^'O_%?I8HQ/4]P%L\NGU.#2*Z>\>?PTJ<'6*/R5J^B8]1]1Q M.*4S43L)AF2R:YNH&B7%-W8W\._4X+R,DI05UET-3%^._1!"'3L69I<#AYIO M&C["(=:10W@'>(<5HK`=,5S5[NL]9-/=I7V4J&,M2@K!ABIT-FXE`L*1@!T%C9P^O^))O1K^XS>V`F@65KD^@!2",X MC4\W9^8M,7%MP;/>7YNPW#R#R@#06<"^ZFP`K1'-&:*`V0$J0T8_=FDP]4?D M>D2_SD33Q[3XY>%.8Y/-'1VNHF=6#HM*9+G,-]%Z&Y"0ZWDA1K8>&(YIFKI' ML%D723]K!N]FJR%%J).&%E5]\$V#:[JLZPA)1QJQ#&IGTCJEF)+)KWF"[8F6 MDVUHZVV*;DN.5Y=)=).LZP/=NA-C=IIW`'T+$].Q4:B9)O1)X+1P3"*:8JE" MH3RO:F""'9R"F9,R!_")W1R8%Q/"%C%H(&\%<=\/.T>"T=1HLJ2H)\%'1%2U MRV8BL,K-S,9M"<*SKS3QH@YXWI;9Q0(=!PX*3*C9-D&A%VJA1^HB$2%AR+NO M<$@1*B?*&E1[#7BJ/.<(1T?GLH8S.Y-F*,645_--LN@9TIRV3=AU",:Z"P,W MT#P$;3LT[:9,UT.AX.TV`PI2O(VCQ2:>I0RCK[<*<[]4<8#N>9XK/R="ZS?DTM%KN<9$2S,X5F+PDS.3=B^.^_`Z"U'# MN5LV.U.OFW!8&(&.3`NYIA:Z%BL,^T9;B&.X0CFYV)L5M_&!QX@*LL37X-41 M)-;J6VZF.4=YCX4C"M"/K9G(0$_PF8P*(WKD0IX5Q56>W2;EPO1<"](<'%DD MC?&;Q];&U/PL*Q``2^>1B'/;$Q./5";(3KI%XDY\CVC*< MTYDHC01#,MG537BHH8CIP_,4)K@8C?(S`&7?/-&Q95V-F-RO]LN=MSIB MDUZCT")3=.%B+A9E5S-Z7%VOP@39A8ZY/DO3V:4/$_0Z(E"&G'FU2&*.(HE[ M?;L7PIG-3^7VCVIZP'6(<>&G60&+"-,0X@BGXUI-G@$")%OAU0U9EZAOY=@= M^3!BD[[%5YU&,7V:B3\Y<1I`==0=8%U(F4X3=$:6#+#JB":9\.35/;V&R!%? MMJDVK%!;=Y<./M2;FA=IN_I'-9KEIW`&41X15IH%&&"\RF<091=\='D57`2:D5#)A:$)D\^Q74BMWJ'JW!*2(9(=T2UC[KQ< M:C)*D[""]4=Y8G[4#IM>WE1;9KL_7-@/"8I``!")\AB$.6:EW&@0DI3*[$JI M6[&\0W5=E6WE[8Z`O.5]N?TNO56E0:.85,W#H)Q(C4DD/6>$ M29]21R3)@".-Z:=-MCOLX;&LMWS^^/GNNME\OV;*MX)M6^W:_ZG6*]IL?V<: M&*`P1W$2^@7(B._'/@*'Q2\"(ZD^&#,6;K*[Q0:';WU5:VV]4,\6(B-C_G+UZKDN(>H_!@N(PC0*4)BG&@"D7A!`< M5N?3`LKT&,E_N^5.HQO^D?%D4?7+SPN\\7M@%5+_F;31L8EFS-NGS[NJH?VQ&G.0>A# M'.^U+7=E\0YQRRP.\QQ>7!K,P>]SL,K)T_V-QJN MUQ*'D_6[@_8ELXP&EV(Y8AX:Y11^BNEPX?<`ZY>91?DD/V[NNORM6ORJTBI:MMOA4K#<'(@<\5][G\QM$ MEHK#UZ2HT.'1$??1\>%5':1-B6WSG;6`<>[X MN&U^U"WO9V%_-'=!TH4?"6NK!TX\#797$WH/O-X%;^+#U7_T0H-J9,TN/%A_ MOIS)?`Y2H[\P,5/X)/,T@S84!:C:5-TKRCG(?4Q1@@L_`@AE.0('O&7V+2JT*5#@.3LFB&8^DZSU)LJS< M*KV`**%Y#(,XHSC(`XQ1+7PPL/'8-Q<;) M46S*-XT;?"4)M#*RA>ZUQPG,F=1@WZ<@)X#&-`\."A3B8-S8N;$C`D8P*NP, MW5C2BU0&PF$>$M,M3M" M7>"(DBCQ"P`B]EM:$)B-AU^2F!*I/1NY;YYK%F=YJB9)IV`GC#4F);M?&(G/ M)V%.S+2>T7.N^46)1D>$31'\RR87#0J$)864VPU3KO9+M?UV7TZNPXE)GI`$ M$)+%,2()Q(@FH[TH`%AF!J1LQ/)L9\3E,6!>ATSHS$;#1(KIRBPL_F*AVP!:%1@K,4!$F1 MIACYL7_8T2-95`"SKZRHHK"L8AVFKDUXU:/J9E%=`<6@>VTW,`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`^32P*\[NVK0MR/[(_J*WA&N;9 M@M0:)=B^Q+JLJZ;T5#@D/Z..BCNGHY^2%.KJYG3-=8IED:82"02-Y8:MJZ=>T."&AIZB4UY%M0/CMH[J MNR>FI(9HE#\]@F]ML9GM?M)OEQ6$1B$L$$9!GL.,U;Y]V9LSZ]`7/>%G@38_8INSDE)B;ZN_=OEP?S<4T M+#!.0X)(AC.,(D0':HS%R1%;G<C]H[P.Y^ M\.O9V,RIGN^P*R^NIL+EMO8:\U),FLV2JJO$,DM!YM(K&OX`&0X>WQRJ\SCB-J,3IN) MBY98SQX00XH]/?7;.V#O@G2X-V*`[X9NBQ`M+]Y&P^>V@IMU54S&+="KJ^5? MJ]5^V;W#\[5J]VO>XL=?\[DN']OJ\QU\?%S72][!^6U7[O8[]E?7]4.]&PZ* M+#`*`$L[#&)*`DHPC?T1:EH0R4[)2R"TKOT']+R+\ON6-T[N[2Y$V(VH5G9P M)I3&LL8QO`>/^C<[.Y_X!OC1*V]PB__MQ#$W\HE.:.3SS"P/@MOY9QX*Q/+2 MC.$0VT:%PW3U75_>/G1V[]"QNGKY;/@SR@248`!5F1^@'[ M7QX6E/U*`P MJ>E,S.22S']@L"0V4)T)FMH6Z_/@5>`7IG2//=QNV)3D"VGKH[4'RQL$?E_>"P^,2A5Y#6JP8WSBQ'.1QQL5FD M$U@M9GR._==;#MZ;.NA-//1NG[SISPU>>IV;5T,QT-U2.+C*EQEZ9_F2YOCX M=*[./-&<(WIG9IY./3R.3$7=XJ1Q>+3/E4?[0N#CAJ7YKNQLNPN-;^[+S>#5 M/ZIV5ZV>N43+>MM[X\.,I-2G,$HH8'[D!::'JB"*Z4R9U:X3,^7:.P;HF&:_ M?ON]]7YTL(>C4;H[UV?+MI:?"\OYUYT'8O:,/$S<)[[WU\SSEI#-,5_W!$R3 M-??_Y\K36E&VD;GG>>Q^]EP^$TNFLON<017.]U\K#F>YZXX[8M/XK]6:W]\$ M>5-.W>WKCA-W'Q0`PQBF&)*`1@4F?A2'10XHF[7G@>B[].8,VE//9QB[K#F@ M](XP+_=ZF3"#9Y3)?!0<$1,+CC6V'V#9$GUY7ZWVZ^KSW0DHN&EW[0W?YEK$ M89*$,20^RE#.7]T/$1HAX""",F=6F[0K,W85SJ8>H78%\,G!W.'U_M4AEKVC MQ6@0!(O8"_$O67F:I-Y.F2C.X[G:SD(T'-%0*ZZ]K**LT:=6^O"]"OAWW2ZR M.(@)YK\`!B")49*"@S$:2)WRKV;!LC8^'Y0<%2ME&"Y9!52D3Z%*M,*<3D4H M1)K]VF_D1;3.D^;1$3W2=.)<_:9(B;K&%,U#66\6*<`9G[9!/\H*$$4TS,+1 M'$B+6$ME!&U<0&=Z9-I*(TJBHM98X$]?;=ZE;AZ]Z6'(*(XDFZYJCJP;[ZF. M$BV"/8?,OXH?0<2"&K\R_*G[)V:X2/,40`*0#VC@IS3U1\,)C9&(`IFS9GL^ M.&+T.$COK?'5`Y7K.3/"LT@CX-P42T[Y'&97IG-O;I85._0,L"W8EB=`R,GV M.Y-D.M%F9]2AQM9SIU.?\BEW-P%OJ^V/ZKK>5!\9L':1^B#%&K;KMSNU$7L73,R M`^PE(KVQ9D"PWB=17:6,,F=`FAS0(DD!$F;08=41]T%`:B0)$=:7H9.M93+V MS.PB#=(DP(1?">$'D*("T7%FFE(`I$HD92.6:R- M#<].]GL:)D^L)8*.U[M/7K]Y=5D!(KY?`%@D/F'UC`]@'."<@BR-(XK]5.*T M)1/FK,OA`>2S=_QT#^(QPK1`3\3<%,LIHL/<2G1$S,VQ6D/$D>OZ"%/[3"(! MWT_U/IBDS876!Z/^-):>+YEL\*G\NW[8/WRM>`L>*\X_E;Q(YZFH?_6RN?NX MX:_,=X`^;I;K_:I:U1N^"L1?XOQ1KOD_+((TA!F-KC@[)B.-<017( M30Y&4RY]C6$\>.`=71C>\^=AG'CA?9R$L5LN)6Z'42(-.AA.M4QI>'1JYU@S MQ)Y*PS.'S85,/;?+S>5&B4R^'^[E_7;?;'?6A21E MP:O&Z@.IO!?S9=NP1XG98T\A[VKE>>Z1(QG>:\\2$.=9$J"0Y#@&*:48@\!' M>81`(?<2J#&CECLI1G17W:LJ?<_W`:'V61RZA,ONR+=8Z>LHJ<;]DW=*_AA!'`8Q%D0Q;F?`PHPDV,0 M!`GF%P)&0*J1S("]2RKAE<=AJAW,881K,26A9I!T M1_3/J$LO^]:,TZ6O>MSP<`!`%.$TQRD*4XB#!-#03PINFB8H!!B$1E1/PIX+ MJJ=V3(@1MC5USQ+1%G3O,N>)"!"GHGP*M+NN?"HNB2J?,EW"RH?V]7K%%X'[ MM]J1(GIDT6.Y*1( M@AXK>O.%H_Z)NE^NFW6^K!0YID8`XS3,?YI`&`.+6[PC7E3$&N`RU#,7EIY%-5O!R"X28&"'$82-63\Z&:0W3[X3[`[C;)K[P#]$X@ MIN`5-VAG#*288+L90SDUMQ(^*YINC.TS@C]_1!W)!A=PO+GT8%+-(^AI,E+H MMOIS7VV63]T.$$FR@H0H)`6"64R"(BW(:#I-?:EK'TS8LZS]$US>`9C:=K,1 M=B5E>R9BY019C5.[BGN:*!$M-4"S:RIIPJ53^F>,+GEE>\OPL,,#BRC!68A9 M,9[`#*81)>%HFF0H4%(V#7NS5;57WHD1J;:];(1K29V;B6;5PE.=8;NJ=YHV M$=4S0+IKJF?"I5.J9XPN+=5K#^7EL'F5A`C@@$8I`"C)LH!?KS':IAA17=F3 M-G@9W7LV'U32S#!4>F_Q?_<- MOTSTR[9>5OQ5Y?YZYLK[5&[_J(;C)S^N6%SJ9;GV^N4)[T/G@Q?\HBV'*N1+ MJJ!EUM7%KP=VY0UD7EST7A,EHG4:]+HF<3JNG%(V;7JT!"T<3(((X3Q(HL(' M_.+[HH@A/%21(*+Z@B9JR;J@?:N_;^H[IE9L.O5Y=U]MO<^W_-S([OB\'O"H M7Z%1_1+F6EV_;)!L2K]"E_0K5-(O67H=UB]I5P3T2XT>+?V*!I-^Y(,D#/(\ M#S$LLA2%?CR:]%%,]/5+U-*L^O7[ICFE79&(=LTVWB*E\2;+N1:H/WZ,J%W+8O,Z[R%QA/5 M$`AGJA[;&UV3AQ-.`X!#@HNP0)B$B&5'G`_W9T`$<1#(U8?Z]JQ7B<^[O;LF M;^]A(B^E=]236QXDR51A@'(Q^9^7:SE)[[&=:.H6.G_:BCR_2]D9R35'MR,R M:M"AQM:3*2EW_#A'IK,O3G5\JVD\C#$J$$GX"B)-DJ!(\G$ED4&"DM-B0_='H5WM]^L9/7-(,=B.G<9C+P\?=N.]%F$*S^B? M^3`XHH,6'&ML/\&R9>"/LE[SI3#:;+\QZ]]XA=,5J@L?`?Q_Y%W;AWA;2ML[^Q#/U242I3,V5)16RS9K?GZ(7@KEBY5N)*T M]VG4MD=Y\B1X$M=,#_,L(#%.1)VM`$:#$L,X4IS_Z1MR/_$K_FHJ26_*AQRL M>Z"_W97[WZH:*J@&K*HS/@-V):=ZT]"J.,=[3>$7"0K=3.S>)>C@1C_4O,RBD&*X.Y6&]-5RA7K2BM-LY M`)+^G+Z*_XNMM>9ER@S7F%;9LKBV7,J"4FH=4_547-8?/'_>;>\XKZ&6$003_T,@^AV/,H M&N9H*%&ZV^O"ON-3F2,^L!D#G+RVDC)S9[Y)EW%8R-?JU,57I9QJ,] M#+[K&WV-6J_F.U'CXV9=#^U-OHH]RK@?18&8P0B)87#8CF((2;V_M&K0\3?< M780``]!Q5UK00@4=5I4F$-;X/C\[F8UJM8G*XEE6:+0Q!]MZ;3;LL"[78T.2 ME3<2CQ-2E]!?P[I/I<-1J#A;K.>CCV6UWOZ^+Y\>NRY2M54Q36VRVU-^^^FQ M2VS5"=&5R>'N?,U5C[W>'YZ_[M>[:KUI(`Q'V"Q#$"/(@AAZU&,!QFG?UA(]F/800IXK/LFQ:=GZ..?XLU0\KK9)L)G&NV;6F=LN8[2C0J*&" M)L%8N"`:N2:IC>;T*J(CJ"VUR(ZV7UB'@Q#Q(?!APG\2A,![U**(PPXIO!>P:=[[<''_>RE\TR8U,DW%5#TJ/Y.::GBG(Z>Z)$KKZ;&_]SN3MK2L#M41AH=@ MB*(D0)CZ&8MCR(+N,I^?!A0J-62T;=OQ.K2'*]Z>OK]8:C`K:JOU(,B)ZYS\ MVUJ;-A"[]A1@/FE5I/*,MKH*RD+$U9E[Y31C6UM>^WN5R>;_GHJJ:'8>Z?/H MO]I.%IG/<5C/F$..((*,D1CS%@=*(I@J%5VW;GQ"@>T1@S'D*W#S//X#S:Y" M]H.BJK(L MP"'*<.1Q%G&<]N9\PA5[BNO9<*RD;WVR>DUZM$F4D\0I^%-3/BWJG#Z3><'- M&0DS97,A2F7LQCM/6LQH,=(=\>,^S[OV%HS'.&7UM)*2D!$:A?!H.`L(,54@ M-6LS:-$5Z#'J-M6Q0+*^0KGCUURKE*B=3+=.&%-4,#VV%ZQEF@Y)J)H)59+/ M\IX>\A_K[WE7I34B")*@GK^)6S$04B\*AJD;23,I)=/YO8XUJT>C6BE=BZ+S M.N2:'37%F908E3=N[@C2?,HF3Y3D>[43#]^04!,>%O'Z3!-Z:3X,S"=X'X=J MH!XB*2OI9%BK;Q8BV-M,,Y8:SNWD#YTS8-7R[/V'0),JF2\CG?E/>[XE_Y;=OBZJX0NW!=*>1V M!GE[6A*Y_KM:6&^[6GBC.GBK($H9].,HQ1&)(EPSG7:W?!"-PUCI;O+,4!WK MY5!FU/$$M-K1YYUO1P['P#8^?ZDOB]>Z]JXW<>7H%A M=#"9@3%551Z+(9/(&S./E85EGKG9N%P6:+X@S9/]GO;[^O_0_LOZM^1%TZ&H M6D5^['MI".,P]5#@13!)O1X[1)2SDD/A)@B.6P1`SCT0]V#2CR5SY41ZAXX0X`)DQ#2J$:_J\YR92BTAT M$K%??%H;?)@HCZD/AU\P<6F0X#!3Z89D_I7) M<4WHB5`Z3E%M3_%--RMO.J_-NG&I%L&95VI6@[>(K'6Z//N)4]=)G.98ADF/ MC5\PA6D2,=6"2S$TLZ2RZWWYF.\/S]?U5W_H]E0?Q6V5%:*QGX1IDH81R>(H M3>,T[,$'/@_F2FOZB!VGN!Y8HWIYCVK&)&<0V^D3WC1A743RZUVM?Q+.7@WG M=A<&S.*3X;LQG"@QFH^A7S!)6B#%8<*T%;*9MB@/M5P4S8YJ%HCWORD,<)0D M*4Q]%/37;ZB'8J5WMW-A=+U-.5;+8L`U_VI0*8YS[%ZZ">$BDB$O=L4A_^UC M\5W\BJ.G/W$:''DQV8:F^@CY!5.=%@U.-S5UPR*=SGXOR]L?Q7:[\EG]ZSF+ M?(H3GO&,XI3VOY]$B=)R3?J7.DX8/0[%U"#/B9R6.Z%#37PO,^%$%7NS9V1, MF9R%Z(XZ[M)P5,Q_8#'^B^X.U?7ZN2FA$*=!D&2,>"1"E$O-UUK,,`P>DODW2?INO?%6_FO;8PIK_B,,DYK,=>[B.\Y(FP/U1R.@O MQ1/L;AQ=7QI'BY\-7PSIM*8F=3#()V*NF5?L;N_+K>%Z'@PM(U)2`!##H.$4AXR M&"(_35J+:9IR*'M^:V#!G:X<08$>U7R-E=YGZ,QG;H'6A7RQ-CPIK8\YU>KR M1?UEWQ4;GXY/'+T\/# M>O\LJI>/`(,W/D#5TO&6&)=3L1G(5E.T"^3.V>Q(CKLS6F>9_(7HGFVO7M9^ M=T&:O!X>ZE_^H9Z^Y+=9T^[C.M\7Y>V7;^MZ#/^1_VC^JEK%(>,^HB@(LR#) M:D7.8*?&C*8^IDIZ:,>D:ST4*$'1P`2W;1>=QP8H^%O50/V[JA!:HEI2"*=G M65$(&X);A*"%"%J,5Z!%*=9_/]I_,?5NIAQ[YZ30+OU+D4++7KV40A>DF4KA M/];;I_QHG/&$!1"'<8"Y'R(/*[)=R>TN?NWYOU^O] MX7D%"2;<]S@/`N1#1#"E06\T#L)8KA^P'5LJWZ-6^]\6H5@$MW,\4-4@1=^N M?=<\\5'@_`^5$N[F!)]7O.F955.Z(Z4M./"EH[3O1]D`G)91A3+YDS*K5SC? M>-#*E=._Q,0;&<$N@TLHN6_/F=+%(--1?EJN][=M^?]J;#1=[_XH'\292+Y" M08(YA"%B`<\8]>.`HMY^Y'&BD01LF)TP']P(N."AQ7OZ98'->@=V'68=(;,2 M`84L,37UN@FCP0DZH*?Y`M18P1]SBO_V"=.+16-;7[.'^L!VH[<[WGU:=>`6[&$>B3-,I0%L9^%21IE7F_> M]T*ITIBV;3K>@3E^C*>?W_X4+2AW[=>J(X6\]GL$ M0MPI1C",O2S&(8&4$9Z%$2)#G@M0IK+1KV_%<6KI@`$1]Q.UF_X!P;LMZ1K,8*?6_ MLF73\5?V1ON.JR&W[2]];6[9ECM.FX-HM4G;P/'G$<^3T^;_6_RSWZ79=5G7R30O4X,\6MT59U0N) ML;0ZCX9->=4*Q-0:^Q:C>CIK%)OE:ZV9>_)Z:X%&:.^$`+ M$/S90E253V-VY>1R2F+5Y-&,4R=*>(&L,\IGB^:%*)TU=THWHU%1R=*GZE`^ MY/MF\5^4N^I;\=B;Q'&&:(3%<0+B6<*R+,P&DTD2J:B8B1W'"M9#`R?8=,7+ MB%`YX9J*2S71TJ;1B5Z=X>B,5ME@=B$Z9<65TO[`4]2GK_OU;2XF=+V=*.8! MCT/?(P&CM2(RSH95M!\P)5%2_N6.E:C!TRQXM.5'G2\YS7%*E9K0J+'D1%U> MLG%&4K2)6XB.Z.,O+8T@S+M[GG^[^48I'Y/7B,:^' MV+%HS0I3B"CQ6!(P+R$,^LBC'1KH90'1:=EB&8)C]3E"%/>+OC<@16>6%B58 M=S`UZXO9#H><;"T@$FKB-E0+&R&^`J>A:5&#`?90+6RF@F!JY)[12L?16HBB MNO;RG2I>3DF55N?K];.X]5A]+3M+/;R\^GU?5M6*A903')&`BHLX?A@D7MS; M)33V5'38V)AKQ>WP@4/9RRNX&2`J"JTYLW*2.BFI:N(YYK,#!X[HKD"#;V*1 MO$37&3FTQO1"A,^>/Z6C(6E>!/>D+.NH*JMH97AX'F2V?<^>[&[%#TVQ>L1] M#V-"_"RC,8,24NUT>VZV(/OHNW_LTCWG'!C6('ZH&WRS=- M!=P?Q>%;*Z)MCC,O@^LNE&ISUZ5%47-"*U>]^`JTOHQFMUTE$%$)M_=G_LJW MNI&0F/U.&>^%9(997+]<[78B^@WSC9B_U]GO!&RRK]'>YTU6_"Q^^G3WZ>FP M*1_RJBF<\I_%_;=57,_PH]2/8`0#QM,Z/\:H1\EIJG1*/3$TUT="`W218D9* M]:T&!QK\(AV5'6XKN<9=&$W2S2(B:"GC]"$]33YC;Z[`YSZVO4=#S2GAU2+R MCFY(E%./\]@O.ONX]UXJ`4T4!),<=+TOO]>S[G*WWG[8W97[A^9//^SJ>?AZ M>RS<^F%7(WS.G6*,.*BUL92=-ZF4:].`D3EF`V9-`PYH:Y M:0[(CG-6![Y>`PV5D]<#:*%HFW>2FGGVFF4`:&>UI1K8;^0A&3EZ!?I2, MZFL?';T"1U>U.LQ,E04=A%`M.\XYAI:;-6=EY7(VG3]H"B^&VV.8,_>=_R<7 MUP/K=>?W&M9]_M]5?O>T_5C4>H'25J)3((XS M8HL$;&LHRD^(7=(OE[D6P[Q:/AHZ5W5O/+;OO?'HP8,./>C"]?%LN!P]0M:G M^DS>F"2""\D&T_CZZ@WS9`3+%>L2IQ7-846Q>WPZ5+=%U2259K6V+7_DN]OR MKOF/51QRXL,P08ADF".?L6!8G9$02G6-L&QRNI.<%NH5Z,&V.VI7H,8+:L!- M>2/Q)RK5HRQ2?UZ?9V1=38E_'L(5JG7-0[Q>L2ZK`9`KUR5-SQMIRQ&_2RC6 MY<"KTNF@M)5TQ'G%R+R?(19[482YCQ/$&,;9L%JA?F(GZRC:G#_M-(.N99S&<6\H]#KEWEGP48F">?4X)TDD_FA0O/?_HNB6;@(QHD\M` M;+W?/HNS*M&>]&N^?^@VW'@N:NJ1.`[#C'H9#.((81Y1F)'03TB2!9S(5R4V MLN(XRS380`\.C-`!`4]%W,S(E$@AD_&HEC060Z%"1IB,2KTW!I"+;'W:;?;ZN\BQO_[?8I>O'XK#>?A3_]>EF6]RWSWQ7 M%-(,UDN6!"80)Y0R@OW..O,89*M=?B]J!WZ5E')[EJ4^(M)^1*]`*IRMMSC! MWWK$?Q?7CSO0H$$-1K!5Q,IB%"3$?V+FM3+!3\*V0IZ8AW6]I&&/?;DL(LW- M>RG%/KE+R"\.O"J=CDC5PC."`Y'KA)7/1?6_6;UHV9;5TSX_=O9&:1;S)/8X M#E+$(0HX[=K9%J^Q3YA"_^QZXBE2\=?F M>4@:,9+$/`L"$J69%V"$NSY1*0M"HE1K0O%7.]X'&=#47Y;`HUJ^1I4H.8ER MR)&:&"G0XZA]]9B(,^JBR=A"=$07_:O.TP8DJ&O#QV*7?ZA_K%:)N+%/KTEDGI*?4`T?OUT&B$P@0:4ME`HL*8H%FX(TQ8,*:[5Y]SF^?-GG3*;DZ[)\VAZ=]L;M?<>YG M"8F]-$"X_AE2[ZA@.*/RQ_^V##I6FF.WO`$HZ)"V7=9'6'4Z%1KS+;%A-P?5 M:AJU>)8UFD%.R;9I)\A\8'U_9'T_AFNM"^0%6M[;H;/-ZA+VYZS[]%;S1[N$ MR4])-]]J>]O\".!+OO]>;/(OW];[G*ZK_#8M'Q[S7=4^1]TVH:A_$NTJ-^7] MKOA7?GN=[XNR_G?5H1JMKZ,H)(SB@-2SZ)0T!1^[]742$@^I;>C-A]/]+J"H M=//;C7`!C'T`["_QL^J#EADC*CGK_BE"J3AY[WP:IT;0N04:O]X(\!4X^M;V M6>Z]`ZU[H/&OVT``\^U?.HO8N<7%[*-D*6N4^8EXN=29'Y%J#Y>;PX>=R*;' M+1X*J>_7QH(P2T(,8QHBUIH*,(D#I4Z#.K_?]<[+2)`^EKO[W^K?\0`$4'!$ M6FENW6KQ*9<<7%.I+^LF+#KJT_**JC-Z:D+L0I30R(57/5A,Z9`__J[7:L6! MKS?%MC@\-_T!(]$@$&'/RT*/QBGT:<9[2YPAJ=T9@U_O6'M:1*"'I->O5(EZWB&*XS@E,.6B M7[/O)8ATFP)!A*E:\SDM`U,KB5Z33CWN=-3$`6V&>C)/-\VW6)'6%$42%ZDJ MJCZ/^8'\4V^L,FS($Y9A&"2QIYX%A^PK+<)<:"TXC$RY/[&B\`&.G#F,F/& MJN2._%2$*NZ^&'#IZG;,NSR=OR=C3N]"E,F.+Z_OSM@B2'-/^.-P:0S074A_K[PO(V'&O4B_U+D[MYVBSJ[`:[(5!-D_2XFV#_]Z/$ MA3U3.A>B0<9NG-T+UJ5%:[W5K_#2I_V^MDW+_;[\4>SNT_5C_3>'YU48D0Q% M),($DJR>GB$_B(8U7XA3W968L>&)UFB;-N'?]/C`I@-HL%HS)UU]'3BP@@$L2"^2[WSU=XE(R76AM7@L1!/=^'9F+6F90&GU;&[%%9N#J/_Y M/6]+-E<=B!4.L@S'J9=X"?$AS/P$T=XF(D2I8[B1(,0&BB,X14DT8U). M`B0&)A_VV*)2Z:F3R^QV+T?%Z>HOK.)?0>0*@RMUY'9J*-C7YF9.LU@Q$=TG-!MM[OZBEG M=9WOFZNGQXND%&.6Q$E,,X@Y32/.(]@:),S#OE)K<7TKCH6W!R9NB[>7S!5G M@`;\R4W_IJ%.37Q?LS9G:9!W&3HS\3-G=2&S/@N.E+8'G.Z3_D]WO-BM=YMB MO;TNV[[4R4W5%/A;U:K'POC?S%UM;^0X*N4\D1>TZF;?8 MW@N"^="0W;+=N;;D:W7/C?/K(THM==MNJUFD*`D+S'AV=U1//10?%5DLEF]' M-"%>C&Q./18G;IR@B/$$Q]!R=1U;1M-U^P+VZF/<`;1:A-;W%N-D1>T]O/6G M[X:C?28S;UB?/BJ%'XXP^6Y:=2N8SDKHXH2&*"#4H,>"$/W,0A!"/&HS`([:@UAL+`5]$&J`WC$L'^O+KB7VZL1BK^ M74DKP,1!),,D8RK*<4A[32PA;X@YJR2J1,Y*4)2=.*DK>I3(EV:DY2/)E^(W M_H_=ZD>Z%AO-9,O2S>:E6HW4C;H7MN?X+,"<8L=.8EH9Q4YKW',=8"@RC$WS M\E/AL])\:=V)'[(#4F@%QS`4RPG3^-S"A*HCM?[A".*%E6ZM%J55PQR[[D.& MNAXI&Y;ZF4C;P$Z]+14Q0)G\]L=CL:D;&!QEV!:(Q9PB$C/N(&*[''O8;VT1 M)P1EX94,&-YWK3$UI>#JV7B1`K%6R MV(XC`ERVZ9@RO\&S1V=M.G@75I[)IHF'X5-R-3<6DB1#26J9B(3:MB+ M`=X5<"79?5;I3'.762LYKL="YA$WYCS$GD\"/R:M+0B6)966:R7X!(R%?KDI,(XM)8IL!`LT%`P8#S=J3-;= M/@V3UN"`HJ+"FYRD&"8,)B@-4V\25R/+R7M">L1$@[V92(F.!\5@KY)2`OSK M?;PJGXLR7?^^*7;/E_G=>K=QS4Y M3)"<_.0C!`RK]F"M&NV%U>&UC@%;'>*+B153G>2SAP",CMQ,%'@,3T\>)QB! M7+4C38N$N+875!^(&'N,A4D5<[;[\''B4+S8%J+?*_Q8SMDG@W2W`R$]M6_$ M7]$+!8%,0732!$G`[>T9")FL-D'9FI7<@,'W'4@"4B`M"M\V(A#9OGRKWI$M MR9?B/,"SR-2)W2\/Q0$)?>*CB+J<>AA[06N3VPC8CT7+E/$59(NN/B63M=!4 M4F=ZE,J)R6AB=B1@-XTMAX/T#Y\ZV MU;NVNEUGC3)6IOC/?3SU>U$L_[E:KQ=1F+"8V1'V[8BX#(4>Q:WM*'03R-IS M$(.&5YD'C/M01T6QAF%6-A4W,JG0%%W'9QLH50BM7SJ,5@ORU]'S=^>)Z\WK M#Y0$')TQ:ZKKG,Q83CY#(K8238]>+8MMNGQ]7UF`1F/1CC4=; M+9*1YY#$/`%S-).Y`,==:+XB)YI.?)RW4J9$[D*MQHA(J=P7&Y%0^7+86'5)G$3(CFP<(8I)X,9Q6T`> MNS;UI6_5TC%B>$%PZ#EG)O&D3W*_%HW*K\K.Z6O6A"J=WTH=F$'`=5QC,:EV M)Y)',?";I)2Q6C#;CSP2V1X+'3\(6<3=[NF> MQRD\577VD:/DJ#1R4^@TX`K[ M]%;<_KS*2I(OZP;VC\6Z8J04>\?;EZ[B'GD\3+CM(SNAKAU0%/)#Y847,-B* M<#"SQA>)GRX)O?QT>7/)KRWR);:N;[ZR__SCZZ>87UV+9:.#_FKQ__KS\N9_ MP/?8#\6\G*9,0CE,=8X@=CFJNI/J1-=WR%+6(UF#LSX341O>KW`0+FTD" ME:5L!O<0?4R1G'2I\CH_L5+VY&-YTB,'7$K_+7T11;'M&L\.?.92&XO+F$/L MTXBB[@`2CPGT7D0U(\:%J"O^?FZ`*9;-0[F37*V9)PVX>FO9VB.:ND3^-3%] M"SP])F?%`0KT4*1&8VNVSY7M\6%&$EU:('9=#%8: M13MCB(V`9JT/V.!ZHTJBM.2,P!Y8=6K:3H4^XPO/:7KZM4>3TOG(CZXC[Q5H M$&I@AQ)$RDQ<4R2:.K;V(A<1ZF#NA[X7,AJ)_>QN%\PF*N<25,R87WCM5PS/ MQ::^<;UNCY*6F77?7,.=/UC%[7KUT&0,50XK*+$K)TZCT`K3IN;(PB$)*U!- M6F9[@IYS1Q=T&)V)-.G[<>H`@SXQX!M"KK(?6;[K8C&:."Z-""(!"DGD^!&C M<2>#`0?*DJ(1XZ+477JQ:8!!=4>5/#G5&8$UF.9T=.T137U+R&MB>M1&D\F9 M:(VN%Q_<%:)%BLKNLUJMJAO1$#D1M6E@>SP)8A)UL$(;5&]A&HOADU=M*'6T MFC-5]6]\U,`;XI,/&%`RP?7_,UAL:M(MMP-O="!GHMBCN?OQ7OX(-&MD(!N%!X_RO&KN_=ZK9UR/$^<:JIQ4,[T4XR3 MYQ5!^41I\N8G4&`/SN8/@62HR,CAC'^7K,1QB"(?,^JBT,4D1`2U1<&\"FR! M=]#IV3)_ENOKE]]_N^%7GP*#DQTB!X?KJD MX\S'$J5-D?K._U%=DA\DR$Y\4MD)15UOXMKM6IL[800\@JICR;Q2?;S9?V%E M7=%[._WV:0+=/`"$:\54@"&2A\@&3%O(>)HD2$Y`@=J9Z-<@KIS+#"C3`]2N M4ZJY",+$"]R`,NQ&(7(#&U.G4\OJ%Q7I4C)D7+D.1=7-W%)?QNG0"5$GXSPJ MB=/I0&L293I%T%EATF)U5KJDY\E)61J`'+WUWR+T/!9BAQ';I@BY4>(AVAH+ MO210W$D"6!AE,VD('5(D4&.A-RAW@RSPYK"J@Z[FI%F@-2(M\\ M\N/R'#>('1HY'@EMW_&J!2-.2!=K(08\&J%AR'CD\W%E('2+28=..=D9B4>8 M]AR#^DM;_$>VV\WJ=K<51Y^M;6%]2Z?=<%*J`AR`[IF(U!">O.U'.10Y\FV^ MBZ>G(J_MUCUUO^ZVY3;-Q9;*(B(HP`&)*'<8Q:$?\K!3R&JUB"$G)W3LF#X5 M44.S2H$-VL%;ASTY>1J+.)@^[3FK85TT3;DOK"-H8W?H_IBD'BD:@MJ9:-$@ MKKSMP3T8/?(5-\OE2NS>INMOZ6IYF;/T>56M71:4>'X4>+;M.)R'"/LQ;L_6 M\VJ)"*VW4;1B/&PZ`+.>*V2_K7+KKL$&+;I1Y5%.D\8@$*9'1\P)2%;%'#O' MG)ERF]/4]*B0+IDS42!M-]X6V@Q"B[3RW&RRM-QM7@YRMV".'?L))CR.,:*$ MXYBT586D%/NH,"8G+Z:H4E*6 MCJ/C6&=D47E/2(^>:+`W$RG1\:`8[%6"%POOGG9K,0GKC>TJ>GK>9(]97JY^ M9)?Y7?&4?2I*<4?WU_N;].?"<3DG=D2C&$?48S:.<'LU`G=YX()+B`>U;C[4 M.0"VBJ8UYC'DZ@,N,,-KC8<=`\EP:$+R@6'2$>M-#-$J+[%6V35=YMN3I)J^6H>41K#B[ M7]VMM@N"64!LY(?,#MPX"FFE[JUE+_8\R*;5`.8,[UT=3^AE`PFHF4-0*B>3 M([,)4\86G-6BLWXYYG8/<.R.*NB=H-Z5%A[.743A@N$LY<-TE" M1'T:N=6*-R%MQ38/,$>0$PD*CQ_E.`*_>Q27-EE,A$G'@[,I0"`9TL+S>947F^KYEWD5 M>&3E=D$#EW#"JWE'&';M,''LSHY+(N!EGN#'&U]SBL,?1;ZM'K`6)\97>V!B ML_BC$NAJ]5/N;LO5PAY9D=ZRUJ-'R@3/1(W4 M\1<#O6G:(5!7;?RM*>R]F*F@#D,_*"PT.KXS$>^QO3X;?HY` M^F`M.A9)D-B,.H[/<.3[04#$E;![NRQBD>)9?C5CHXC[\5T^HE'$8&*OS[6< MC(]*,TR@3S?AF%GGC1X%'8S:F6CCK?9!V533J=&(!*F3J\`60+1>=X,G;X]Q4SOP5LM*F>B1KI>O#MN.P`I MZLI#7VZJ)Y"?JW)!D!?@D+F4(,02V_.0$[4F[>I7+?D!V)E8@P1&;0F"T*JH M0X88U18C@>HLB^,(TH$BB"HI$#M7:5)QY9P^*=.C$1Y5?S\NGM)5OD`A3ESN MV`G"H4,B(8^=+A)DVWHQDKR=B46J0:D?*0&(50V7S'`ZD$R=Y7&DR*DC"10^ MP:F=JU"IN'(VD%*EYZQ0U6VG^>T/\B//MI^SI]MLL_`3/_9LE-AAX%)L!WX2 MQ*V)A"9<1IA4GFOZI)F`8GUOP,CJC1(__?IBFAJ8GE1`K/&8>=7"?C*&7J&0 M9XK^K6'JWZ0U5CA2*Z>-/;O6S1.NG=!)'0(FUD4MZ(7^^(-T+\_6^\<3ZD<^ M"Q%W660[28B(W\5_3D2E*L6ASS2L=P*)VJ0&T"(C=688`[S+,1,`7:A-]2ZJ\Q/JSR[W&9/Y<+W?88]/Z*<.LQQ"68^ M:RTB/]+;"9,W,_$:4P"U:J3:ZTP`M8K+3#.LZN_,2Y$XSB*SHPBRQH3S.MJDF^<%B4$$(J>P'!KI_@D*#. M%"*2%:0Z%B`S2.W$;HVK/H9[UZ*"A!^JS$G$92-0!A.=!I"@JH9DL3$)`\1N M(Q"G%L<="'RJ">S>..W@[K3+'P5ZF@3-(>C3=:$8[GW1#0:_91OQ+]*'S%F$ M*.`))G85B-HX")$3.DECT[>9$\=:X2#$D.&`L#Y9IAOJ@8A3#/9,<:8;[EU8 M!V131WM''$'B/15JYQKQ*?ER+N93)TA:C)K"^IOTI^BYMB[*W2:[R7YN:>7L MWQ!RXOY>B@@>^LEJ/0SE=&HT\ MF"X=6+,.P*SO`II58QM[)=K'4X\V#4+O3+1I&%\*`^\?M&;K[C%;[M;9FS:1 M97^?R+*!>EV%YIF(T&E:O;%WV?5CEFU)OCQ<^G;PI#RX0NV$)DEDNZ['[!`C MSA%N7,'5NAOYD/AKCO@-AW6MRV*)\[J];'F^OVSSOP@]Z9R_L/;N6[7_]1'Y MHXL8CRB`UIG-<&QDB])F"-W<%P;^%NV/*%O3?80F&*&>;]N9?#)G3='; M\KDY8X5]X)-TM:EO3"1EF6W+S_5%BA7H_"H3+30J7RIH7XI\T_Z1IN6JK&?W M`1N.B1>%3F0C'B;/NVWU MGROZJ[]5?Q`/6%F$L(T2EB2!BWB$[0CQ/5;?=1+0=8Z3`#2\ION4_:B&PK.N MBO7ZOMC\,]TL53\7HPX;\/,QUQ%3_YPG3IP?A`.04ZIC#6,$L>`9CA^JM\D,7"U#Y9P MPCIX81W?AJ'RHY-2(P_4'$Y6 MC>UR,=V\@#=@V>RRY76Z3C=5_,'V;7Z3)`K#P'80Q9S[/G69X[,HP2BPDZCZ M`=QG1<6(\<_O'I?UG+Z(J]CJ&;S)FKOK[XIR"]U#5"53;EDW`HNPCV!+7XOH MPF*3-/L^34S/4DB3R9DL9G2]>-^L1)\4:=WYMBF6N[OM?Z>;39IO7VKCZ9JM MT[)3Q@-XHC@A*(8A0EU7-R:Q\1C,"$:RJIQ96H15G(DEGW0EDZ# ML2NG3%/0"I.J/4*KXW6/<2K)DF2L1\.&YGPFHC:X6X795Q7-?(?8-B*MR3@.@3&7CB7C\O8*G'7WF&X>P,>=M*B4 MT[6Q.(1IV6OR]K"F$K(>BGK$:PAB9R)8@[CRKJW24/1("Q/=E:L\*TM6/-VN M\GK#A-4G;AXJH]5/Y6JY/W;3[E:_M(@X%I`L2`A$IDSOFH/FD3^=,IM(`CIS>.M>F1J&,L.V\^RW;7#^FFTR<%KHC M^3)>K7?;;/DFB>@&`7-8XJ*8^)'G)$[B[ZL:(^QSWX>%!*90C+#]].HD8'%? MGQJ\J_-_>\A'':U%B_9?Q=4$5NV;P$,E%VC,88Q@$& M:O*3G(HD]XBMZ6&;B10;=_/#0C.3M,K+>/8@SH!<9<^B25S^0&[+[2:]J^(N M.[%=SGE,7+=N"Q#&='\S1N1%9V][UGZ^P=G=0+(Z3-;W%M7HL_8#=OJFI2ZA MV;&I_Z,OO M6?&P29\?5W=I17:6OCUHY46<>HD;QXAPCGP:$MMN$4=.;*O&2*,#'2&,JCVR M5OE]L7EJ8JG;%^MACQO<)W?",84&4[,>3/5XJQU1H1A6Z]?A3L0ZZA*N_5;[ MMB_NO!"#?NR?53LXI[!LZ.&2BMPF>T?F\I&9`1,?QG\3#XY.7O;4=44>10Y' MW`E)%+HA)[R:$7OK7N2'5#,'JV+2<+Z5W/UCMRKK&QZ@6_Q#<:J<3S5-IW[N M="97G\EQ!\N(ZI`_$V4=VJOSF4Y]TA1">U$ED5=$MWG4-XH;V3%R`@=QGQ)F M,^[Z9%\1@=T8.Z![90422U8/A]_S.*:3MIU`J M0!UH%&8BBL/[]6'P."AQTL+8-%7O=E::3*+"MOI2-Q2_%-CL9 MC%3S#9$`A7Z`'8<@/_11"R#VJ`,*!@:S:GP-=+=[VC7UBLW!G2ID>]YDCUE> M5FO7]NK1)H,)#0Z&HUXR.IB$=6!X<(3Q+]9>L03,F:R7I#GLBP\&'X>9*)\! MQ]Y&"(:H`X8(G[/M8[$\U)B+_:S_*%;Y]F_5'\0MF$>RC9/_I^Y:>R/'L>M? M$1`@Z0$\@-Z/Y!-%D;,.>EU.V]V3(!\*6]V'9T.PQ#;`#D^%;=V!?JV/,=+A]"W+#2G8P*:J]8 M1Q7:9FBU!NZY79'1?'[JJXBWC"*OM+3IG?1V9-$XK@K3UZ0L;Q_B[$\B,/N7 MU7.6;&^>[LITF\;%"U66IWC?`@`8^1@YD1OXON,BSS!0V``(==?CJ+4D=%SI M9Y*O7F'M2XWOMU'OLFS.A\7TO&3SR2B%J5&<6@548TBU#JIBS'.4,3J;!:85 M*V*6.%)+/%>6R)DERA;R[&)$/(2<6(GDD:I"82$Y$\ME/X_"UAWZ95$^I(>N MK].:.+(Z=BQ@N)'N1KYM8=B"@+IGB%I[IHPM??UI06ED'4K(+Q[)!_*")MK? MV,KTLUJ9A$GA)`/,78AD,R]Z,>J,,J;!W!(6$+4@R;;$M$7IECSNAQ80/4O) M6PO0IK3YXV.>:27=+1-]UI)J4W:(BV.Z20_5`73]UNP_6]_8;>M\GVY9%*S^ M5^1/D;'_K=3N\OSO\^OQ\9I@TC(XQY3*+X6S)C=Z.9Q/(6>301I8I1E$I_N3 M7"7'U>XV_@5Z#>)O\RO")?E=6G`NS>XOZU5BK7NF!7W'\ZTH]"(W!*[GUS@- M9.D.3P![<7"2X]P$J[8GLZGR$K?]'DEYUR,I[LU$.^9:1M[EWF3:!?E"R\C? M(SJ45N'QXW!_1(D]_<19:"`$=+:'09$8T?GF?[+?X-D,(<#;OWEZ?(P+6JP4 MIUF<;=)X?]GE?E=!LC7TL1D`C$W70R@T/.PBLT%E@@"($^5A_HH_REE/R#&1',W"(O;1O2.H9N`ULY`ZTVA/OM3S&RB=A6+ MFV_:-@,\YD\96\FK'<0%7='K1HK9*\GLK?T%NZ)$['KW,F)S4;^K!!KY^W+W M$6-(G[2Q$&I-Y7<:8F<[>NLA@>31>Y$_D_3^@3S2@*Q09,MS]?1XEQ3U159V MN;5<1Z@[2/?L6`0N*Y.>UJ!P`CL`'D\6PY9 M&&3O+!A.^IH?\B-]RV,J`UN*FR;0U"&*PY1;!M*L,NY,7@6#\*W*#6*MAJS5 MQFFN^5>HM1YLK<.]\/YM(KL#VS39]E)D-R9]FOFRKP%OY2,B,8VZW-`.3ZQ: M#/I%W1:R=!"Z:`;?4^4(O:]24'D\:P`"/8JPXT40&)YA`UUW&G`FL$:>L"R+ M2?I.JY/ROFI?U%_%AT.1;.J"+P5])LJ+NM]#2;;:&RHPU6\^92E_XX=ES#I. M^=6S)]\ZT,>O=1/0FAE44<#>'#ZJ%%/-9.G26B+8'U@GEK6N(JO&PI-^6][K M#)3S]X\]V>7<]8!A(P0-SPJQB6W;L7&UXT`.`-"?V$E\TEC25X!^I(86T&8Y M>E/[NDZC:.E$K9Y3<2KO":?-B_=F)@XD9%O M&[;OD^%L'Z.H+D@('2-`.H\XSAI(LARRYM=T?W=-&Z'5!T2Z:>UZ7O0@78(K(AL?P$R;<]IAL0ZY&H--&<Q'>"L3C&Q*7@ M[SPQB\C1,K4(A]PJU:'2*)@+K0)6?Z&2;GW$W[!LS69='=6:/Y7WHB6(GM&: M];VD):#+8_H8'Y-R';IDEXLLQX>69]HH-`S/;I71]KBVFIQ_6K(R$30L.M[@ MX90D7I[&J9!$BOB$YRT["BG-:XX&Q&4BF8KHR53TN9`GBE,UKI)GL-G08'Z: MW5\7>48^;A*V+ZR>E[<>EQ]!!`T06@:ON]$#0YZ*8%'5X0/+MLG2JBH M[U^TR[*DB?H=>.V&'K?'Q997C<3S/TZOSDH]GZ(1J'VF7X-52-YX*1T00&G6 M440BYB?KF($5$4_0,%P+Z0$1^69@%[DNCZ[. M'TVZD%8UV7L(N3MESR9TG%`NRR6?,IZ@42$]_)2Y`0$4Q[HBBB=P0N\::XNE M:MR=JBC9)079T]:CTRY#]7=@7AY7NS_R?%O>Y/OM6S".Y478]SP=^2;P,(Y` MZ-9@7&MDA6.Y""1K7X.R;4S!VGXUWZ38Z?Z-H=W)VC+$13-?R MO8"L*J;E.,@SL`W;M<4S=,RCX^)&E2S:O53K'M3)V>KS21XGT>?AET^/3U.K MD,R.)G%`4\4;0A$!E3"QCQ+?!5,W6AJIE_V<[O=$DB_)KBZ[3^_V2=5GL/E1 MK)SPS`P#;T!`%'`%>@6-ZID:6S0<&JA0%;':>%Y".73P@8( M\SP[E&WGUN;G"JGC:%H'U%&\:1111PD3RV4_U;R5%1\/1*"I**^**"T/>1GO M5[LW_5C?*C4T(LN!C@D#R[3"0`]UO\G!=T,7<0FE%`"2-?-=4V9.\91#^C@= M/3O??)+:P:6U:QO`-)9ZHC.V,JHZA>0!@95J,T6T5NXO=%'=^Q/10")S"@@Z(H1$Y]NPH9NF&9H^Q%R&R2>90&^ MVQ3"AY>\PX?@YB\:_KKZ\T:[_K;Z<1FA2`O_1_OR_89\N+SZ35M=HV_@]O+J M#PW`V\L?E[>7Z.;?N6]8B+?*.`T\LT'XE)'VHV""V,"EQ:2_4,1:FA%+-*"U M#O7Y5).?V0$ME6@F1116Y@S?7;B03.9H-280=NF1MJ980UTWL6,&GD&TWG)# M#$%4C6#:AF&Z?!7C./ZP]/UYVT7FTRKQG*K)P]XX-91$&[_*O>H@?T&_K)F[ MS@NV(0-OFNZ\;E6B77[*J!3-Z_@;T+())"NB45.0Y[.?,-Y2QVTQY9(^%$3H M+HF76=[F]/9%MDGW"7G`NIXXMSFO%EJ.Z>J![^E8)ZXHMI%G]'"'O%60SPU7 MNO[U9DC?U**9%VN'Q821-LTBG^GDM4/?M7EJ7)N\=6WB=H:\3N;9F1Y;1_G< M..5)>V]J%UH].8W-[H(^!.T$M7=K`/WQ/XWK*]N"`XN+,@^/(DN6.GR\+>ZL M##"^Y35*NH+VY/,^H1]`M@6/U#/[1W5FX%J.$41DQP!/42WQ*^:,4/].2#(#S(LJ?[HZ[IWU=L:)<(SMP,?0AM)!IZAYT M0F#78SJA[9G<<8OI0TF7.+(<%4E<$I]LFU2??J.=K^/]/G^.R3.B[?)"V]:P MB:=>X>:/:LQ@>W2<8QF:^;2NA<6(;(`UA766[A4\1-)P>&,^MXI(FIBYO`^! MB")H?.I_G&;4C5QE-_$^6>W"IS+-DI*,AZ/0CPS7M%P$0>0@+S*:\2);]]99 M8B+>^Y2GU,I'+?0+\`>WQ+?77SIY7-33&>Z[?*:F"'- MF<>D*HHSB_28D"W+,VOF=RCH.0-MZ$T30@_LW:2_E1\? MDH)7UX0;:Z3BG<5`T[200&W"^\0V%"^U0@6X"O#0CWVEA)^M,0NX:)]S.MIU M$V@>5016VOP&73WA1(Z_-EC'1*(Z(G*9D;U<\93TNO=447Q:F#C]2?,5UH;A MX,AW@!W""(B/P0&`[PR'\NQ,UH MCFYZ?%'[B8-(C]>S6RN_WU%@VJ:'C%,^IW(X3B$7((]/!!F@FC4XBC4YMTY. M\C(@8C.)5$2GYL[B[1T3$:2,5ILFWDC&NDLS-A3,65U[ZHCF69ENDZK?$"@* M\LQ5Q;>(ATH^$I%D#;M7NP_^R=#Z5L3GJ0D<6+KW5EF+[K]ZV<]= M;&Q?6VE")K1(^J=N@Q?A7+[%X/(U..-^4VE75D!G#.G,5&]>83-$#T:2LP(V<3]63O0 M>'H1%%5C.H#3TD1.UX!EQ&YGJ(9LL;%YU3=4TXA2(%;12;"PE9 M#PN7@DTA6%GIFC293S5K.D7CZAB^'_C?KP(,@B*#O1)X1>J;A.9U_:&.? M)_56\,C+R%?T<4\HGBIX`@D?UK5SD#Q/X!J05-X$=:\3R#9'F<'SL#ZMLN#M M0W6S?=.&;X[D.P,-T,C/XZ,6%PF-[N3TCA/YM>?T^-#]H[J56MG\M2;V\Z*5 M29L[07]P%^_919SR(4F.%]6WDBS9I<11)[_R_)!N'MA0]^2[1;S?O]1[))9E MH>59HKTD<4$K#.^3'$0ALC("%L6GK3M#FR?J.Z0KQVR>-O,P*R*!IFR=B&9II.JF`NB"F)X=Q MI;$K-(3+B.X5B?B$ZJ6"MR?(XPO^$/A&$X]WR+=SSIQUIMX/!0(1(6F1W-Z-RPK`PJQ<9D MKS^C=N&`;(UG4C26EVUE96WRA$;'8:=1-3_5_6MW%+UV#0!<5U;G1O>-X4=GI7+3.$#69C(K2-<;QUS$<+YMNWH,T M);]\"NTJ"]SD.8W-()].V`R9>].^G#B+P$"N18O\8\/`?F3H3:ZZZT>`L^;+ M_/&D^VS1VT#4;(GCIG2JOLGD4HBXM=S6",^N;&\8XY*UJ6PKJVF3)_2IH,VC M:FXHKAF]S?5<6S9T7-.T/.09P(_<2,=F,[Y#[Q_/>OI6L9;?5L< ML;-B;W(Y%1A]:[END9Y=Z4X3R!^!FVX#975O[KS&1>'F$B>A[$6926X&%S'"<$HLC*\S<'F_Y[2(@$_XW1/#WQP M7M`B2#?)YJFH%@4?8Q,X.-`C,_3#$$/3;NYMNLCH,N+'2;'(D2=DUO!I\#7Y M_@/98K"$M[@!^J__XIMZ\!^[O*@_E;3:6/F0%\?Z&\>D>.Q5&N(N6RW2.N/D M>'&S3"MJ7:.DU^YKG%H+]'=BD-^9*3JL2Y>Y'L_B@.;*L(4B8BME:F]K8DNC MCZ?*_R9)MB4F!-`10;;]:WRD@[ZL=@-PB,('R,70=>E9>^122#6<$`(8<#<` MD()"NNO;`-?H`Z0]5IBI3T7OJM,W?&D]EF7.D=JL@!TY=?J5`5DQ3FJZ!C6K MS*F2;$\C>$C")9M,%3F7/+A9:D+=17!"@KK0\9=)4V>[Z$.<;EE;DIB"*].J'Q.]Z$*$@46. MXQKU7,=YED$F>L[2C2#,=>Z07K`NB81]9A_P*?O+>,\#3/*XSR(,HHK@2IG; M9PZT.`*YI95H>5_TV4G?B7C)V@Y-.XALY"$K,.P0&7[01*Y#QS9I*U[(OKYS>W^I,A5.AX3/)ZD@^ M1RBK:,LH)J["I_>!OLJA<;KW>EVWK+@F#_F1N-:H:5RQCI!N85L')K#]".`( M1G;K/P,SPC-#P-,'EB^L=9FVY-VK<`*D.=X M3`@@[$>1[G@F])"/K*:I9AC9CBLDWVL. M@//G>^'+*W`%I>1[S;+,+'E=RB1"9;8%K7*^UP"S_,HKPDQJ*["0&8Y38G%D MCE;D;\FA]J57N_JVQ-UQ;6(;6DYD$X?9``YR@.6U@P$WL/BV]=/&D)_#5:2$ M[`/9PS?PZ#G'GMTMVK4O3W4BM>-44R*GDX2QPT-);"YCW2V] M-3])RX"JS:-1$>&:.8E_)"%_%^ MEQ=?Z1%3OH-%LDV)#OH><4:!87FNXZ(H="RS.5:"&.L\[8;E@5CFR+P#W+M5 M%9?:I@7.SA_('V,M;S<,.T\=3CD&&A:X,QME7L22L-PS"G,4B3W@:WLPU.Q( M71&#<-1(/;MAII5+E62@<>5)IW!V8LF2S[\*14OE3C!?ZE&>DQ9,^VFN#LSC M1+^28I,265_K,+0"K%LH`"BP?,\`7CNP;NN<89#YXRV7)"J!J MG*-/MA3U?2G:#O#Q,<_8V!0$>CSL\YG$-?++S3D3^5[1>5K5GWC* MTKJOX!/A8+:HJVBA,;L;Q2!+#0KUGJ9JJO5ZPYXF].IINNZ>IMOF:?K1/4V] M66O5M-F31"?>KEKT]UZM9__,3Q+'MDPQZ/(W=$)UZM![LLKNR1K6J-E=*Y:U MV4<;2D6?'!6VHJI2DZO_XDM+"UA;M%97:-DNPHX;N$$8X!8!`I$I()EJRK!+ M)5,UA;.Z\RG1B5232!=]TB^4;^DG_,H>ZPLYSA]M"T4VSS)F-OGXGI.\T8J) M=KMD0_0<_:HZ@'TC6[U5QNY?92R*21-@?\9[&N!<0QP9=A@1Z<:>HY,-(MG; M-Q@,T^6,'0H=6GH8$6&,X*VVPAKZ;_@7/4\VR\\^EG!9.ZRPU0C2*E+G=UW)+5YRX]N`L+*`^3`Q(JQ2"*B*B4+ M/-&<0GIZ-.(6I_GV;3W9M6\#)T2.C2%1%U36YC2O7 MO\)';Y4W(0D0'WD#0&#CBM=V>;Q)I?9!I1UQ9Y1H1$?2>-?WUP<@14J:&6D` M$*#HI&[5O6O77?7IT\3IQE=#J4+VB@Y2Z?(60!0`3JKJT?'DG(ZZGMV/PWYX M08U"_`C">KT3_#[L!M):YV#]@)KK[N,`[?4D=*`&LYV8;S;?E^N[?Y^O'JL9 M4ADL4P(8XT)+/RYHT3U]()2D9/:U`7^SFV]V0Z37U:[+D'\*T7KT\^INN5X? M=GWTKTQB0#\ARWD$^Y(]Z2'K[935&!U&6>!!J5*8H2POD$H!!S)3.>T.UPNF M>+8?E')M>>$FC%7W(=D!M%\LTIGX__90M"7YAQJ*UDYY#44WRJR'XLWCUZ^K MJCEJL#((U*K^Z]VZV?TTFYM]>@8TSXM49!!*I3+&54[*SCPLJ6.KW5!6HR^4 MW_SVZ=-[^:N>?[#W2?GN1KS_>//;9[-"KI+^!G+R[H/Z^/E7]N7=QP^NLY1@ M_-M-3*Y!O-M;>%BR=T$>0_,_$8$,[E8=][-U?LAQ5YEC MFY_FR\6,E66*"ZX(!Z6>EQ`L!.UM,,Y=7Z!U^.GH,M[[=['*/S>Q2A;L` M[$:FG:Q%8]%-NSH8B<$Q^A.+!PHN")`74Q-1&3_LSYY#]";`Y>'7^J%J3I49 M,Q\JK4Q0@;10#$O`%:)2YA`>+A!@X/QNM:N!T;7#(&P/EKJ_[NK,GJU,1*7- M52P:AMI#W09.TU1Z_(=9GS!R43N\Z9N,@OA[\/Q9U6%DV)\#U;[IL75H2+5> M]&>JWNVJAT,WE#POJ4(,HE3+FBJE@+R?(Z8E. M:SM)N@[-;DJUQWC4+L_L%1W.?#8XK]C0R9;"2P<_@X=A(HH7P;&GQSXC4>=R M3KX5X_?U]F",<\A35C!$<\`$2AF#$N8ET0A4`Y,V' MQP?S-FV]^=^85'--7^=-\ M8RY$7;,UW7/&+JG6((:GHE##G'A^"'TP)8[S/&/)7"T2]5KKWZ.Y0=2^%6WN M!BE)\[1%V3]J;7@KS)X-.WMZ; M2UN)J#=?Z_;_U-Y6O:]7^M,;^QCTZR2_.D,*$J&)C,Z0'KTX@PI(EN>X+9?; M_9=:+0ZVFZ=[]/3N.$=\J3]7^ALU58[4_\+N^TR5E%).),L4STB9Y4JB#B#7 M$/V'=TQ4HZK`XLB1'U8'!D3#6B[&B/@D5644QR^*SWC46VO4?U3+N_M=M6#? M-)R[2M?X?U2;CW^V]Y$_/NZV.ST)URCX?+N\[0N=(H/FO4:B\D*6$A8YSF`' M!M("N^A1'`21M6??`^--6:WK!ST-?656%$4ZO(B[(!-Q`S$128CL9#WFMQUS MJ,]HCF'*5$F@`##/LQSP?BZ3J=1I1A'6LLAK2VZE"A2C+(T M:^WC5"#D=.DGF-%Q,G77N^,/@\D,Z:^/;=4BD_[$#5/(M[OF_3J$,L(8XUE&"B%X*J$"'1QSGL?M.$TL%/'/W)Q40$L=KV8UY7*/ MMN3-SER]>MQ\W__]0[6[KQ>3*)9>)]U5!0*&</J^KC MG^S;?+DR,%2]N9FOJIOJ]G'3]'#]7!D2EZOEZ0U,(1#(L62<9F6&"16$IX(H MBA%$%):6755CHXB^,*/FRTWRS5S<;Y9?[NO-+M&B\J"SK#DFW?3=?UQOJOEJ M^0\M%6;@ZZJZ[;!_-U^Z/=$0,UP6U>%$XN16/G:@37AZV,W--0,\.2!/3J%[ MEI@Q0^10@TXD5'Y%ZG'(YB#3Y@80_F))E.`*+>[DP!N9V5+,493D6F9$IQ00'`98=#8.+4 M3#>X\3W4G[5H_MR(ID%[E.S>)J%GE6H,XBPHBX MG*$98";R,@.[N]LT3Q@F?_93C"N/SP,Y#B/1@]&)CCD?3UX97=[DA*I+;G5] M_FA>>U[\LJFWV]_ZF>HO>F[**YT^3.>#F8(9@"G).68HXRK%F.$.7"&4TQW; M<1!%'IT'6,F_=E-ZE^G\R.$)4N%<(3(1RIZ#%TGC1G(42N/(V^2/QA73KV5: M]9`=__Y%4N#X3E3%(SOM5DY%H3QZ;C"7J0[@$&0`Y5P0P1E5J.`&7\H.!Z-PC:Z08Q4T0\8(S*$_P@)PB^^/WB"\'0Z M4((80KG=WJ"HUXMJO35S_?6V7BT7!@6?K]K'2DP9R\.4%M]ZS*>&%Q MV%R:0'C\-I:BA\F/MW-;2Y&C,(5MI=@NUN-]U*[=^JL[\WGW+0A,WX)5 MO7W4.:H?^>*<)X3DL,""Q+@DN19?N[C#05)<2.G?H#6(Q>5N]!)@=P MKEWX0_!J5RR/3:A;QNJ8[.$=<9K\;A`F#<31.^^_SMJ%`C8DYQ,I3X.Z]+3; M?G"Z[`6NW\'_I:X7?RU7JR^F"I[!0@#$55X(`E3.]3_)_2DW05"JA,M*LZ^- MR&O'Q\=;.F!ZR!EHMI7@8!8M)6P$`AUERXN[.$KU,CF7U&D@G5-1I*%N/%6A M(+18*T]GY/UR735M:V>"$UI"0&$I.4*%Q)#N:SA!1:FLCK3[_WIDM3F,$@.I M;>'L*C,>E-D)3%RVW*3%D:@HFO*,CPMJXL_=1'1D@`-UJ,]H\(+8S4[_MRFB MMA__%/7#UTUUK_\_RV]/VM*:YQ2)(B5E*2.<8DE9VQ`;%D"^^MIP;/.C+XP= M8)M$?@*\66,/N386*$)#U\?&CU30-;(@$1NP3&9%G]-26=B`3':Y++";KRZ9 MQ:#5NK;[M*G_7.Z,I9G"AZA^FG07*4^QROMKA9R.?G.YNCX]< MEQP(N%"0>+`TD4K$!WD]^!-Q_+8_[NZKS(\,%:!TFNB,`"?RS*CQH.F1C^EQ?;71 M$E#_5;VIEG=K\;C95.O;[U\V\_560S'WWM:+YD^K]A9@":4=_RAYIJ(1/HL?(#V-P8)#RAHM*(/3V.%H MX_[`M#D";USXN#XZ#[E9;LT^M?[C^JY-PSU>F$H,%>,4E2K-,(50P!ZORWYYU(FEN+>WG.^;Y]_GS(]*'?@N!4ES\4`]+]<;CP3+OC1R8L`MXYB"6 M3LR?./,H[D81BR?K09;L`\9QX>@CNKL^"73":K<7^ M!40=&OVGU:/)2R_",J^LU^N=IGYEWE5?ZRJ_VNYF4*6*(H8X0D3PG"E2=ANF M2&5,N5(CAB:`T6-EEQ"F'";74T"6J:'WZVR2./4MZ9P;.6L$#LV% M+'*MCV`B6>5J[M?3&(OALHX5K)(P50!&D%`RR_)20M"O^>5%IF;KIB75XDN0 M9!,$DI5JT5:UGJ&W5K#WU7;[+R],-=Q>OE[7ZY^/U6NY=S)@P@H3YL$):KS0 MQDU(/USZB9=N@H9T^NDEK+OVZ20"S2'2QRRCE.HTI2=%64XY+S(ANE-M"#&< MN:P^#;$3>67I^63"^56'<&+^.NF#A3HHWR.)\%46BBYPZ*>GULQ/7ROM7;'7 M04=Z/"X>'S77N;2(U%Q&/-R')A(7N&"(08AQ25,.\/Y]5)8S3+C?!>4X6"(O MO)P\K7#4-NO5]6#O6\Z10F:GHE.*EIO2>@=J?[4ZN6(_B&&D7Y#FL<(Y$?D> MS=VSM[O'H-DZ#73O7K:]+XS)?3.,[8Q#Q+FD*J,9)$"FB(GVA0@H6S`TVI]==?1F\+$&C4>5EG@FD40J M95G.*4FY(@46G9U,,N+67-'YYZ-+[OMZ???S2A?>BV3>0$I^NW&M^IPYLZSU M8I+E)K(-2^\;EEHL8U=U3ZBX5,OYLC:5"LX;_].Z;1@1=M5:N<\W;+V0Z]UR M]_W=^L]Z\W#ZU"`!H-!E(LM4206DL(1EWDY="[#_*&:R:+`J=3_T145(64I.4\[.X1RJ_T,[Q^/O,:U M%Z0#J,2@LE0B?\8NR_HH9+FIN"M/%VJ=;77[3W?UMW_67IHR!YI_,$H#CZJ; M>2<8P*JPTHZMIONA_989*@$N4<@%5*G.(E2QY]_M"*&HK%4X_&EDA M^MK;@'&0!3=B7E>#:)QX3OPNTQ%@Y!\[?&;`>W$R@7'NA[L>^#%XC.KV@K1< M+\KYKII1E4*.14JU095K$2&4=8:8X,QU>+O]^ECCO$65:%B)P>4QY!U9LQ_[ M\0CS%`%KK@+JP0D)KPB#'V$34@A/!UZ0BB%46&D&TU86QI):S>]F.!4`09$J M(8LY+#4JLVLNY_VIDC>C!)`:-@S(X#_TB/&H"M=S>SE?_6J"%E=B@"4-,H_*P)D[^]H@)FV>U8$#8P'K@R=$O%(A^-(V`(DD M`DB(@B+`J6*2EWT]E')D*RW>!B(KRQ[72N+_Q5U0/Z8FH!.# MX#_;`1U"@\N9B?KAH5XWS2!N[N?ZP_GXN-ONYFO3'FHF&&0JSV!:J@P``14' MH+,J9>XH%H-,C72:HH'8]L9XF[0HDR.8[HNE-?ZDACN%<8&@ MRT8PM(?Y;Z."Y4O*&74B$SDGD\4JC`/9M%/"\8AT+/V<.8S3B^<2/1?D+`RM$]&O M0,X\[9(3D")KA7IBJZP?YLNUGASKPA(4!)0<(:J%$6(MAS#-15ZF@#@]$NQG M861%2GYO<;E*DB=]=E(4G[EA$F1!6A0->I&7"]HSC,>):,Y`)^J0GY;_S/+% MYP9_K4R?AQG&YC02(N9**LDX)KA@70W&&+0Z/!389&05BO.J;"BZG6>.8S'M M/V=\]KSK`>>9#K/)[ZT#5YQ%7J#5;OX8(BX34<'07IV?,X8CS41-T;]<5^_T MA'T[(SD5>8;+%.90"I0I0'B'`PKBM(X7W/BT-D0,[J0!'FE7Q"$J07=&X@0D MZNZ(52RNN472AKW MUWRSF&5%1DK$<0$D*5*1"8:S/@$P8=5C((;=V)JKH9ZIIXX?34E^-YB3/6AG MO0T9!TNIO5(('%4V,/MQ%-:>RDOB&B$@4]'5&*X]E=1H](6N9?L'=R2FA$HI M2EA2#&A&J$@-#`8`506GLZ_-I8V;W7RS"UK06B-P&=A/P5J/<3[7?[RMDODN M^:.Z6Z[7YJ$_/:[;'YQFM63Q$E6L6$QE3,=RSZ]4\J31KOGL_M9#>X=*W.N/ MMYIQS@K&2(IS78HAD#(%T5Y#2IS;[=IZ_WCDFJ>[GM..P.2V`>723]:+L,MU MRRA!%J0H-0X+TN/K%X`[C"-7 M1J^3=J$8"LCX1.J?D![5T3Y/7U53R_5R>U\M?JGKQ1/3#!4@RP&GH``%HH5$ M).M-8[ON62'MQ3Y'NT>6W!EHOI(VA$]'31N)2F]1ZPEM`$Y&U<[39B-K`4B? MFJZ%<.FF%>H&P>H&P?,VQO+&>08``92`O!J)/S(>1=!XDO0O-JWG/7O3T;-00.X)V1<6$@N=6 M;XP1MSAWH`DV3W3A&'QZ[GJ^;BMZ`(,55*D7*E MKNJ;G]97`L%`4@!40)EJI,HI+#SB`!S.ERH;^5V+5C M"^QM>Z"V2V)!LW@IC)"=Q;($=KD@[-'(!Q['84H/UE!Y`BF)0!Z<#86O2&B;]]0&&,S48Q0]/>[?H:0X']!U6.JKA&H MXM):1F,>$TN2.!,18#K@20G.Y5(= M`3WU'\#23&H_!/G]W5&AR?O[@4.9/^>;B?81Z"K_7` MFRX_>9O%3,%4$'624#0SE.0>:46?MYDH,'Z>U<0%`3G4<07S<;^MZN_G'?_Z MY#Y+G;KMXXG(C%4QRU@:6:),QH1QD9GTVPHQ8KAI-'IQ@W*Q/G4?L$^!YT)& MHKI?=?\3RT'Z.E."`4=QIBT_J;-?=^$:.-^+@\OST7=#N2[@JY2HWBD>9HF@L>I$DJFVDH>*6D2 MRR5;_2KJ=>5K\`>%@E34+2KO@GH%T^ZMVA?'17V9EXE]7Q]+/=YN%')GXM_& MR:5"6'T0'_;I9_O*_K1]S+]6=><&5YPQ0A3E3/`D)980:80+177BM45@R/.1 MG=8%55M"9URO;UA#^]'[Z?ZK`0TD9PX=9V@*U7AK!=A3VO>;IZVIBR_E,40$-9Z>A`*^3/I23BY51.LWK^*]W9Q-1%? MFD$WU/Q8YX>B&?D#4$L#!!0````(`/!\:4=@>X`)R5D``%5$!``5`!P`96QO M;BTR,#$U,#DS,%]P&UL550)``.$!$%6A`1!5G5X"P`!!"4.```$.0$` M`.Q=;7/C-I+^?E7W'WRSGR<&B/?4YK;PFITK)W:-D\U^8]$2;7-#BUZ2\HSO MUQ\HB;(]MD6*(BE;C M>#;)ILGLZJIH^5.:S/Z\B(KXZ&N1_%A, MKN.;Z"2;1.7BS==E>?OC\?&7+U]^^'J1IS]D^=5Q```Z7K=Z]8GJ7Q_KQSY6 MO_H(@X\(_O"UF'XX\O;-BA;R5T_^^+7ZQ9/GOZ#%TU`(<;SXZ_K1(GGI02\6 M'O_SEY/SA8D?DUE11K-)_,%C<'3TUSQ+X\_QY5'U_]\_?WHB(/8MTFSVPR2[ M.:[^?BPGDWP>3T^2Z"))DS*)"__N2H4?K_/X\J8DB`0*"R]R^OMRCO M;^.?/A3)S6WJC3WN11L3EU&2=E#JFX9#Z/9;=)%VP>MINUXTF]_,T\I33LOK M.-?9S6T>7\>S(KF+/WE?NXE;*-E6Q"CZMN_V+26-HGUK8FPGJ`_=_SU/BJ0* MB,W:/7NTU_>W[N'76O2JS=D\GUS[&'V6)Y-8INEJU-A>R7:"QM"]+0FWD[.[ MYI[F-TE9#>^%G$UU-BM])N`S@A9#3XNF@^IWDLSBTTN?E$R3LB4UNDGKPXK9 MU$>2N'IED:7)M`HS*DJK/.'\.H[+HOF)LRCW>E_'93*)TF9#!WKA&%C\/HOF MOA?BZ>Y6/A,UD/[GI?_O@E>>0U%Q[=+LRXYVM!,YACU^)*P'PI.L:.%D'06. M8,OI;9POXFB/G;-!YGXLVCU2='G![K::I)@L0K)/T!_>VF3`YE9#:=5RP&G5 M>"@=V^4<;=KVH.%J$<$/N]:_K+S_-+O,\INH3?+;INWN&MHHG_ELH#B+\_-K M3_`FK5Y[OG]-6G*MH=E@>OT6?RWGS8&F7>O^M6SG!9M;[:Z52V8^*TFB]-.L M*/,%G1MUVM1F&(WDG>^2RG*7Y>=1&I_'DWG^>`$'=M&YO=1AK%KG^64UQB73 M58QKZ5;=)0YCS0YJCZE?RZC07L(PVK:+#LTM=]>N7F/ZVJS."X_V^O[MNK"Q M81^ZW7G(L[S%JL0+C_;Z_D<_MO3$5HU[U;$=J5]ML+LN_Y,EL_(?7OJ\.8]Z MZ=E^-=B.SLTM=]?N<[Q8:/;SJ#9[/"\_W;<6VZ'4IFT?&E;A=N*[PH^VS2J] M\'#/.IRE4=N\H:G=<)JU[L)6S7O6LUULVM!D=WW.XZMJ!*\FOFE6M`A1KS88 M0)>VB79CP^%T:\FOELT'T+,=QQJ:]:!7K-2&-L-H MM&6GMI8PC+8MN[:Q90_:E=GDS^LL]9._POY[GI3WU?J4EY?=Q_'BCZ>WBXT\ M'UF;%>XB;&0;6HY[N\CRZ22;79TD=_%4 M%D7<>D&M#]EC6=BOW^SL/X\K,,72CEE\5S.$^RJ9WU#.W+8GO7^[R,\IZQ?DUPC[K_ MYD?.N%^MGXOL4]^LC-*>]7TFLA]].Y"A?*YBBYZ_S>/"SP87^S@G_JG5LY7, MKC7;R_?X##">3>/ILA[%1E%:R(NBS*-)6>N35B#\],&_/VS1*N1* M:R*_ZTVOQA2N_1 M5UZ1/S=@T%%B*"TR1$C,*'<`8V2D934^6`K7A,]CQLE\<;_'?UKW\W']W MA_61>P[G&'DVG4_*/Z(\]_.;^Q4`.HV*PL]YXFDS@UI*"+'3BACN@Y!BAE&G M8%!#Z81$C0[S"J6"[X52P^`\!L>>;%CY?\3Y7=S,JPVM0@(DL=I18X*`8R@! M8+*VT1C:-3RA[X5+_6$[!G_4O$AF<5'H[.8BF2TZ[94BLSK;N&^F5W>AH5WD M<-(Z0B36`48$*"U0(!2ET%G1D7UX6_:5S^;![X%[HP$_!C47QR&?I[K-]-O< M,/0NQXCF#"HD`TP)19HOP86861!TI!CY7@)OP-]F2:V]D-!J;&0`/00`$,J1=2Q8HR`U M_EYFX:W9D(T$]<">O=T%%R,Y^:K\H=FOGSX80@,%9P3[OM,".(NXK#N/`R/9 MGESY66''KUD9;[NY` MT.[9Y!-[9?Z'2!"GLI&4!T,!GR]8(9+"0RC&@]K;0W01V=7Q^$>4WI]"M MQ?A9@[**ZD`X3V//,$:M6R&AH2"C+8J/[\5M*?`\D1X*W3'F9.N3_DLX*NVS MV>+0YM>DV#@N;&@7(B`"(R3W@$+CG*'0"F^GLX0[#B$Y'!8-T_W/1HK^P!Z# M5-^H:;*;*)DU1N-OG@\#@I!&A".C*!4>-\P\6A@$.C``\=%F!L.3J*?^S?I' M=:1EH=J%?LNC69$N>VSZKWFQN*KIE_CF(L[;#7`;!(2,$<$#RJL"2`X5\SF; MK+W/9VR-2?K[X=../?_Z"-X_'V6QU&:_&\\K0Z^+E7_V>-2A>=M M*-9*5.BXIH!@#(.`$">XX1C5:"""&S/*OG:"WS'9A@!Z9-IM2@G\O"O^Y,/^ MIBQK6U$A#X0.(#,`!]AJ"GVBH6HTL.9=$Z\W2+M1$J^!\1^%C:?ZDRS+/+F8 MEXOEP&QY>Y?WKM/+WZ*OG[,T=5G^)2&*D:0Y01HJ"6#:X^4 MNNO6\1L<9X>CQ[<\'`S^-Q00:V-VCX>UI-`RP86UVF`C&!*0"PTJ+"1"PA$U M&A5O7SF#T#LAA^!)MYC8L0\V\_'Y":;J-^%JZW)YTD-?1[.KE];#7GLT5$H2 M*3E@@7='BH!TF*Z0,"SH/-%\BX/F@/SH"=[##DA("@EQ0!%EWBV0(L81CX5% M004U[9J?;5W4=_OB<:[W1+=Q>F#/>RE[K'?HNI5",6/2(:P8@$I#C`U>;3++ M`!C8&$Q'J&IH/6_8NM1A>\DAMXPP(JG$'C@C@$(,UGA)QKLN%+S!;+DK4385 M/`P.^+`!X)6/.HSDXB]4J;:I:=K4+-36"4<#1Z63`E,_NR$K=#$BAN^I$N(% ME;9]G#$(XL M%4".@4!K!Y@SS'&G%F6@/H-7C#66\PP]CM?*/^J"0MT_^E=36<2VHD*K(>(B M(%39JDY`,+PJC/6(&&:[UJN_-^=N38Q7Q^U!\!YCWNB265+&B^M=/OF.G%TE MU;GEQ44OZOZ7Z%]9OCBJUE`ZL864$`IK`RJ@(X%RU01:$EUCP"%%A\.YX>B1 MC07_GBGXH/NOT4W<6'2QI:20<]\,G1;754SN9YE:79U_SFYNBZ;-],;6H8`<\LE=(YP1;RY5#M8VQI0 M1K\+INW&@FQ(Q,=@5WUMY^*>Z6H$N$YNFYFUH55(N2&*40X#H!`5GE/L`F.O1K@4YH"R^ M'ZCW1:/JQSQNSM$;VX9&:4B8=DP3C*RWU:>@M;U$FJ[4>H.YTLX]WH)!NV#; MJ7+A9'X3?XGNXE>'I!>>"IT$UAGEXR+W[D(P-ZLSWUXO!?$!+D3UT$=97WCN M*6:?[$MY@#K//0:@KWGMBU5F<3ZI. MO?)@_2.K+JCQ65_L>[HL5HZVJ2JTF\"0*DB4`%9ZAY7"PJ"ZXF:%###H@`I$ M^R%(,^OZ1WV4>_FB^^67]+*5DK5E%X3BX'!2[D$XUC.^^[M![>&FK<79I67/+2M1UB[RJ2CF\53.IM4/#;N& M/;XE)"X`E`H1&*.X@]H)`6H,C51=\[@W."(/&@?'[XJW=2&@K"[+O%I^KOUS M]=/IY>F\K*J?BG]$Z3S^>W)UO36CN[XHY'Z483I@D$%DG?8A@I,:2:=TU\7[ M-WAQX(BD'JDW]L3KLSR[\P!FL^K[NNLONW^:>4BC].%S)(N*OMLT+N.'LZ>O M.?QV?!]`@6IAU`BM_:BH`)=86DGM.J+@SK=+;WV[X>'XP?Y[:4_^\3F>9%>S MQ2G8J3S1Q5_^;_.;QROX;58->GYCR)$P6DC#"0F$L1!) MN$X1@6NN!._M@L:#\8`]=,LXQW&6JF_8>_HCKK:KO75WWHFOXM^+^'*>GB27 MF^\]ZBXV5""`$EOFK.5&`*@0035*&J"NN3G[3L@[(O:=UMU=E.1W59:4S&[G M93%-BL7PL0Z*N*S M/)G$,EWT]`&>=%$`.(F,(=($7`95$2]?'B"==3.`H%@9B1R"! MU@I.78T(@_J`2KW[(<:N)UVVP_M]U;XI"HFSB&)B*`/.9_54U[8%PAW2+8Z# M=7O+VK?MH'[_M6_6<:HM4E`);(5B&#[8:Y`X[#J"[7I\Z]JW[;`=K_:-"0(% M\HX38*HA5("AM<\(;0Z\SSOVT8;:M^WP?*^U;X`([016W'L(]I`97!]()U+[ M&=_A5(/L[M'W&M\[?4A"W@`-(8< M:T`08%!J4*.NB.VZ]?X&H_W;]XE^^NB]>49U6_7,DVK+I=G=WQ=*BQT4@924 M63^H4PL$JW'51AU0E?^;YW[73GEO9'_BX_N(_:$+%!<68Z(P`PA0PJBM\352 M=@WX[ZWF\"V0?I>.>6_$/\NSVS@O[\_2R%N\S/QNJW*SD9S@U?>'/KL,)-92 M8R:,3S\UU[C&W4_VNUX;]-Z*#]^"0_352>_-.?9;>V@0Q(1IB"B34D,=$%3W MO`*$=]W!>F^UAV_!`;IWRQB4_SG+IE^2--W`T?J1,+!>>6=9H*ATQAE%M:JU M%TQVC:KOK2:P*ZDZXOC>`M\J`WK\AV5M>K'Z_/.X*?+K>H1<(R2-%7XV0I1C MECN]GI;@H/.W/MM7)HHEGV?QU>+C8N^3UF^YS]Z_[^S-64*,/:A"244(HB`0 MV@;KM5LA@JZ?:FA?@?G_WM%W)[TW=_@U'FLJZ=\40F@=!4X%TN&`$FX(65W( M3S12HO-6TO9UGUD9I=\WU;?OC_W6A.[Q0R5#E(0BW__<,22,GY=0XP+)S1)Z M)Y!HONMVZ)+0Y[SR/&IF58>/FO3RIA!*Q0,NJR)[@2%GKOK`QPI/)L$!?56^ M'UJ]6E"ZC^X8,K)XF&Z2Q1'=PBN^+I.?)'L*)AOT>?@218OHLI6<4""@"7;4 M"F$@P,J/,JLLQO.#-!\VW",6;:+)=H)"!SP%D0P@(3M@3^&ARM=.+[7OS*3/.,*U! M/>]!?ERQC<<#A\'"Q!?EIYE7<5[9T70LY86G0P55$&!A$3824\@5)K:V2W!T M0-^[&*B_GUW\OBO&8\R9EU[LHLGB,%S#09/G#X>L^@H#H0`8#!37,%#&U18Y M2P[HLUL[]>>WH\*N0(Y/C<9#(R\]'A)%.=<":H>!=@&01*R^%X98]V2J`@"!30%-2!E>G`=%WE??/^](CI&,QY.LRNEX9;)[,/B\E$(B;5AL=)_`[DV-0LI,H9R#220(H#0 M!)*HVDHBQ`%]%JMO,O4(:Z?ST[_.J]'S]'(YJ-:T?H$'&YX.J81(&0/],(Z= M)@8@P==9&\-=%US>X'F1OKJ_/S2'73F=3>-9$5R9VOC$V0+7Z[A,)E'Z5/7&Q=57.-OXTB?OW+!LNH.TT'>$@9H1*ZC_OU.< MU354SC@G^'X63^M*KX=3';EY1#H[S=&_#Z+YCZN/=RG/>K6BI\TEHO[S4\O73+S6B51 M>I:MKL)HWE%ITSST@=IBC@%7U55/#%B%M'&!<5]O MYG-P+5(SN?G`-MNN*U%>/1\49HXB#Y62W#C!*`.BG1=GM%AQKA)\R5W2O M02WBC_FVJ%=?JOKAQ=<>DM_V/!ZXL4YS98V#7`'D)):[62G(KJ@3=[]4Z0', M(F+-&R7JUVJ5H_D^#PN40B$Q=]8@PAE6*0%U.TL+K,@MB7)R=8B/=T?U"&L) M\NP*KAS.FWGY6(!`(\.T-C0>EXX*J@UN9Q$U\EP)^.1*"1^/'&?`6,:%NT'? M+)9=Y)-]CP>$#3-8(>L`8]E`H1C9UTO)V1YB!7%CFY'L#'.SO.!K.7FWDZ7CXOE M9/:/>K%^_#2_G:WOHGZ6@G2;H-UU=7?SN&WHT$%2R7YI4$PR(KPT(HKV)O[; M:]0BQ*6^HD9"/4LQI2`O;O?K:N\+7B&`:=Q&5F)CF(\G;BOH6P]U;M7LT[L) M#9[9.P1U\E`LP89WBTL=EH`/#0N86ZH8480+C9S&4F+:SM*!;*'G9&/,A_WIY_Y\\2O=C^TAV:%*4I?A03!OK`%"1C05BEL/:]G.6C"4ZWD>H?5F M4&8-@/78:FT98Q562D1U`3B)L+``M%]OXURNR6@S*%HH(] M/Q^2A0%S1ZPPA&)MA(8[TP.FLEBMRP_/E#[@S0IDW/SFMVIV=[^HHX!>_7I( MDSHV)"!EO>!``"FXEHHB:]OY6P3T%?6='H0./>-;3BDZJ@T%`XC`2@!L&"24 M&>'0[LLQ/IXUW5L!Q\'5H`+!,2>B6289X[GPR?SN]]7B]C_?%K.X1LLD>Z^> M.L3)='U%X-@Q[P#AJ4(3B%HA<\_N#TQSDS!.ML9\^&MG(,0+\ZU[)-;[@X)B M5!H8@124HGC"2LG`"P-#L;Z;)3C5_[*_SZOS<"[I]]Z6^>SN\?YY0`"4&*2! M3,D'+-6PTWQGHG)6754\5A\+_([#^RQ4"_&E7E=W;R$X3)G]8X+F4E)&#"9< M*:\41'@GXUN$4,R4@ M$4;;W7Z@[JJL>@,PIA=4"PO&/?O/SWQS4$AHQJ'00%.`G:=6B1U6++L2Z0@[ MXPS`O[+@7T:#.TES"RE+D#$>Q<'4S4(2F&H%;&;D%#2Y%J73;8V#6Y2&I5,> MGH49\FP5/TW-?SLN2,NX(-)HQ!F2BG'%6_>OBV=YL:H+UZ;IGPWU163P[MZO M_:,"H3Z"1E2<&$O>7H]`*P$XR$2QBC"%Z73.:A\3QK/1+<>@?4`<)="^08$R MCRFBVD@D&$<42`UWJ,5_7.EQU#M_>@#W8G?:J7=98!@;)J%1`&C.D?"8ZW9> M#/O<0+'3@WE*RCX]4J8/5(ND[>7XT0Y<\XA:J`7$B@$"<01.>K4[3KFY5K/1 M,+)/;S@7R4E?/#PLYLTG-^G--^O5,A6&C'KC`2H=&!5$W&N2*J%=5`XD(\RQ MW6Z)EW6NY7I$I6SZ7.@];0'Z`;:(R^/NKG$X3V:?)].[3W,S>9RN)H>""=\9 M$;3"457%`$#H'..26-E:Y5V\HZ_*W3$`;?J!M01EOM359+FNGYXI?H`M;Q\. M!@)+O%3.6LFU\*4#DG`)""RN%Q@9((<%. M;G3T:->?C^0,&>(8&A3N,J545I/IO+ISDWH>[]SEBQG9ZGYZN[>89_?!04E# M%>"$&4"1%4S'O=;.&-OL9BHC]'4,0*_>\;V,JG:2BA:\,PAYS[@F6J!XH7O5 M>IX=E2[7+#U"=\8`C#D;SQ(,^==TOJCCIWV:QUU9+0^=,*\?#9HBY903""HC M$6`^U:1J3U`E5$WZ[9:U=,_UZNFH>0BV:T6 M\U7$-7[*UPZ*LG'E)D#".J9VJ@0C)+>ES>BK\=9Q3!=9@#.'_ M9X3]!T\],!I"8J0@A%*58D&WLS7"Y'I(1IA!/P#C>D;W!9?*U$3>Y3^DSC63 MY3<_6_S?>&HC[[[HM)K(;X8%RP'01-HHF7AF!*5.:QOWME*I*LOQZL'#S#25 M'(N?^KE>?)]&7/73'\M4[W`;7#3_JFY7T^\;;AV?_^DO"XYJ(`%W\7:&"&DB MK&,M*ASCW+MFE";F/LBQ*(QXH3H;]]-5,B<EM8,TE,$9*FO\B71>K9/K^=-L43G^U2 M7Q;]G6I#_W3`%+&4[@L\B+O=$\?A"[2S$]-&Z3$IR.>1K5N93(*XXK?3A@GQ MS[.JH<3\3CTDU>._S7\_F%=P?'A@F$)IXXHH)J`E&,2[JITU,O:JHN'&0Z$W MN0J]KU2AF_[[=!F_S2]JNUC_N;I?S]JLP,-W_[O#@B.2^:C&&.P0`MS09"C> MS))JPG,=/:,\/4?+QQY7J(@M(X)S,T]MX=.L4U#J='[L<'QW3#!8I+@R*K22 M(IF@N9+M_"#`N?+H".MNC99_?2U.D4)=D^E\\[V_3V;5S;U>+Z?SZJ#R\]Z0 MX+S5PD*&,'-11J>.6]C.SI+L(KG=O=P_QU!\^>LRL*%?9:O/O3_-M@8KGUB\;9)_;>AS@=BZU>D;"$N-_\>,;V=& M`ZSAV1:N+E_9TCK$G^"!VATM MN.&O>U"/^K% M^?>9-\XCK0#@:G M@A%=I.'S@+\,W=K>>].#9HB#XP(UF&)@FEPL+K2.^Q:W\R2&N\&]4G\)@N4C M?IA9[Y32?_L!+WOQW=PG:]SR]\4S3*\+ZW=^09#<*&F-H)9#S1'D]!DCXK-+ M&.4F1WYH_@P*_86$N)23]RPY'*O0W^T%`3*OK9+$.X6]1P10N3,;"YH=6#=> M;])%#JT>H+^L&+:MWYPE@VW'!A'E5R>XTU90*2TUDNYB`I3.;KXI?A MV:M*OR>1[-78>'`KZ!BV0GH/8>I:"5I[/A-6Y8:?C3)M\R(<.P_P"XIG[8?O M[(.G"VAO7A%Q-90AA+GC4`G++/"HG3W-]V6/L$WQY62S.]@?YD4R"B9/C?_ERT+=_N]Z6E?J^V0Z M2QJ/7]0IR.CWZG9='SL(3WA+$%$]5]1+8)$66GN#2.OC8PYF6W9S70>7.`M[ MH&B+ETS!O&DIIO M6<)GBXTVREQ5^<62]"RR'!N*U>)%!T/B7?&1T0)(Q'X1D8 MZ`WU&F#?6J2T--F5U$^N!#F\RGRA\[`?X$N>??&&.^%PFZ2K+:'%4OBOS9C8'^8E6/A;];@]QF_NMYZ@/P]7 M"=_S?$">&$PMB6<[5'$C*\QW\U),YA8&_T@&PEZ6_4W)\//!SHKZ;*_VQ?UO M\22MI[<1U#3IR=(L9JED>3V9W2_J7Y+:L[@W<7GVEI;/?E=0@L<36D',&67. M:HI1J[0;[T&N`CO>6.("K"JU&L6-SZG\Z\UC6NJE^U'5M]/E83/>L;$!&(VE M!]A)Y206'"J^FR\@X*JNQH+'6=_`9QUM\4Q=U[>1[U7*;MOUJTK?Y!X>9XNG MJFI4Z\T^:3I]5,N;^?]L),J;^\]5'??'0P2G:A)/4R;_'X^+>3N)F_N74WOO M4"S[%8$[QC#7&F/&-=>.4=R:I0S#V:'UN5'.'YW0XU_"<2DPO2@N`:<0)(T) M7GOG4BKT$&?R8/B78*"[OZ]NX]9R/VZ;O.7?XN%R M,V^\/_-&JDD6J.^3676XUN(IKPG&6TBTC9O1 M$.T2G-O_H?$PGR[N7@=7'N#<*:\)@BBJ'24^2MLI[!,3VYI/C5''Z^A_G)-O M$,8-B/78&-?!5)CSNB1]:"4E=40@X17QGKK=/L0@UYB1;*=HH7ZXMP89Z;CZLICQ"XIVV`$5* MQ:T?'V?-A3"9M1?"IWFCN3>KW*%%4KGDHVQ* MT?O*OLF*RP:V4+;EXJ%J#(CI"W^MCE0N>_5PP,1C0+WB#FO/I$OM%)_-ZCS7 M/3O*`/GAJ7(FO$5,L]O2;+M`F/G=SJ+7U&OK$E+2]1T!1=G0,T48B!O'6V>( MWEW:P*HK2M`=)HYD(*!+$&U_E8DB)RR7K"+LO#L"K3C5&2ZS+"VY?H&-K M*C/\+3XR_5Z];"/1L5_K.X[I3C];O_S=`X?XF6\,.BG\P@LK%5!"2[ZSNQ.* MW7%[WY!R4/K0Y&7=U*9=)V?JXY9P1XKG'!D<'(W$TPX`)X'U"'J+<#MK(?@5 M=&8MQHN]4E./X)<3N]N/MM/E[>:[J[OGSV[RS:(TV)EXAU\3)!0:H*A]:.4( MA?%`EK1%(1[2N9$:)XOJUT[!7I>A4,3;21V#/:<&LJC:2*$5UR!^N&QG('5V MFZP152^Y%)&R02Y!DR9,^*VZ_#\EP?N%`,*I;:(0G,3#WV]%?,( MH]B24N$3UW>^%5^<2]/9+^IJ^G5NUG'1Y[=/C;(19['I"MO\;;:AR:YD?8?+ M>I@?#)("+!`F(D+JC<6.*=0B2Y#)C5T;D61Y"1J>L`.*K=TE=\4?\PCD;/K? MZNZ?B]E=%*]?-!_;U>=0]31J[5]M_.O\ZV8ESM@7Y_YD(,!QXI66S'H`N23$ MD!VZWN;&-HU(X!WQSBB\>I>^,78HIX[AD2ZK53W]<[U*]J?`HOA$R?9A%*A+Y\G8R[43BWV;KM&WW MSBC9?U-WZ,5LEBR^6]/KH1B9?G\I$`^\9(IIQH312$69MI5DF8X`%NC"9 M\X@:H)0R[M)X)T$DM:9P%Z-"&%,\-U!Q1.5$1LB^$U&_J(_RV:;]QWP2[X/5 M<,JF64`,^YP:;HV'AP\QO6Z+_ MD%&^?20@R+T50DK$L%&<2,IW,]!`%8O8*U+(_KPU?%,((PO",F=[:J5UO*W& M3\\%Y*`@5&@"O*9I/M*B=AX'K6WQ8*IR#8PD^_*..M]#&172`#2^>"L3H M**Y(*:ARFC-K05O:F0L1?^5Z[`)]= MOE`M$G/[\#B9UIL4FU\6\Z^_1([?;1H&_[.:W?E%_WJR:,P7R;U%^/6.W>/AZ0ME`8#1FU M#%D513U/VED9K7(3!$98!F40(?I<0"^BM9^BK0=O$,-0,\H:UP!72LF=+L!L M+D%&Y)<9CB#GHED^)61?'HNN[A=U]2)+V/V(L,1UC'=N_=3DW9WLLA[P5P-$ M0!DBH*82(@(-\L^K91#(K;8SPJNP;ZO2>%:E4$KYHMV@FQD=5PG?'1.&9<:\=9.[-;^PE%2RV;,Q3I(2F5O;]^`9+=DF61;(+= MZ":=2JK"2`0$G'L`W`OFA M^FXZ7RR?!92G2/(?>MG&F[^KUE^2DVF*@-\X1G1[R.:.(ABC&"*<0$4-<@1K M:%TM`Z=L;G#>Z1DS+N[);[Q2*IH(:+>B=36O#C\T[VD1B)`"&*^IL0!+K;G0 MLIF;8[G;JKS^`[@;1,>QKYZU'09#XG'!C"<:`X,PB[C5#U^.2Y1;XC99B']M M8R>B>ZWY$)2F7A`%"?<&"FB,I@T*%*GLP,E?P&FN1YS'QK8S0P*Z_E/!4"7B M(C4`1.7:24^\@,W:12;WK1..MW[5D.3M023C)OB'ZFL*[IE_=K'!^GLOS'[Q M-T+$CE-GD458\:@6,RM9LT%(E[T1_P)NBD,)HX)=K_\+3G_,OCDSG`%F"$&ZRG$?"IC3BF[)6+9Q>]S4) MQ`F:>.TX(=I19;2G]>PPE-D&QB_P.-$1IN,P4^,D]&0UO4G^E]/90PIU2G,Z MRWK=TV=P'E/#F834,F8T(*"Y]'$J9J"7@/TS9/1EA?T^^PFFDLSC2R3/% M<+W8`A<'^RF-;3*_O=V.;;6'>&?U%P3FE"G((':"(T:%J^4P5_K? M&=5*`EYB/_R?:OKY2QR?>HP+Y'/U^\/]IVKY_FY;N?3]PWJUCG.(R&W7RG&= M+ZN_X"B1V@*-G`+2.H,\::0@8'9V5'BRW\`E1D&5@'QT5.R*@H%&%%*]4ZV$ M8-);(U"SWRO@B^6-+\&\GIER#B]/E,.`?'RN+3R?QNF,W-=3$,P+)Z&!U,NH M)5NDA:FQT)+F>E&-,BYK%)SL2!+/6#F*S"#;W&=?HK9R,YG].-2+2Q,B`6+Q M(`0(:4^$)XH;39`5TDN#`3]Z9]17\,$F7T$R-SY4L\D6\R.ET?>V"9A*)0G3 M5#$(1:2=$*2>HV4T-Q9\E&?1V7)^/97(V:CVN89?MT@'69BO#V5C#*^^+E:3 MV6_+Q*R$XR.\.JR-RXM M!A5)^3W%5NO)=/:K;2U>$6Y. M>;IH@81<9+KIRKYTTPNZ*WC=X8\7,MD(Y1 MS[HIWKZU?([`W#ROOW;[#(7%(:?/TSL)C`C!@6'64"F$UC;N<_6L."V7$^3R MN=0[^%F4VNG)ZQ2G&^W<1359SF]>'^0^0IW018BV.*%QY`H811%`<7:VGE$\ M+G/]T4]_8K@..O4'?1:9_&2Z?$P%WA=W>T:QK&ZJZ>.>.J`G]Q$@$-8Z*K`E M2@'M15PP#6C*V4PZC3!=2!$Z]8A]B1O:5S':%B!(*81K/X4W\\?%['%[S7`7 M)5*KFV;[GH!ARQAN&-7>`66J\EPDK)@'C@%Q1(I)2&EE9B63MAC_,^+!1 MV3)I21?=!H0Q)!);A11V'G&(9(.XQ#YWSQQA3':1/;.L.,KY1#57L7HRF\QO MJH]?JFJ]R4MV.TV3F+D)6^OM)5RA_'BD$7F@$`4"CG(\ZMM"`1A4;40)K M[&E4NC.7PNEI7"Y^*8Q;EM3Y6GSIOSL16)%V+H=W2OCMHO[R?10\L9C M30,FD#-I&&$8000A8[I!$Q)V1>\3G^GOH_]I!^OU`M=K+6W<8]5R#F]LP"E MP)!#CKWPQ$AJ*5$[1$RJ&WH]6_XH>7;(6Z(/`8Z,TJD4T>K]W6^+Q>WJX^)) M>N=Q^V6O04A,*4X.;A!Y9)`WKCYP4PFL7+WFE]SLBY+\3$F.C.TOT_-VP_:7 MO0;)F#(H0@2`@8ZSY#.QPR@JESHW'^T('X*OC.UG2G*P=\`6P:`O4@J>^AYX M^E\(Q"EKI7"I?A`B$3*KZW/1(L1R(R['GQ]CK*M@`*D.MB)2;L.[N^IFG0)> M7OG]J?P_UE\0!)$4T\A=%$XTMA10O,;%.YO[W-+^%7S@;%F70_J.15F"XK]- MIO-M!9R/D]DSS\P#+-[7)&A,L=L?8,J4C88(;C9R17"M)#;?8UR@`!'.?6T98B^02R-JCZ,9&X+%EXU1, M"&H@17%/@``A%VWM&DUH*,E<".VSK0]70N#BET(/`A[W@7^U.%C,M6.($(2=9=YKHZC:93P@5NFCBE%/GD)1 M8K.V]B)H,-H#)N%JXK.5"",]56$?XK-T;8U\Z M-HU>BKUN>8N;AXW/X?QVJQF\F=\MEO<_7.:VW/+VA;0<^`L'-J[6;8/`F&HG M%?16&A*%'0^3+9B"(4W/2NNSJF[^X_/B\6^WU33M4B1]2',DSS:G^*.P'=V' MZO.F^OI\_?OD_K57T'U?#8Y2#ES\1QDD4HR@Y`Z-]AK1,NZ!WDN.@6U MO8Y[&BE,E8JKS][$M?/M/ZO7K+:]WPU"06F-`5I!Z)A)A:-8/0.*Z14D\BU! MB_-0[9X7]73_C/WOH2U1*`_?2=P8#`C!GCC*,)(<0%YLXU)D>L(,J(`\7YY<`Z: M_>T+/MH+D]G_5I.ECS]Y[?+KP+>C84&@$,Y@#IF->"@'23T+)E2NPC"B5^@R M>\-YN/;-CNW.U9X?S[X?HM;C#-56<$PAB*2N6T;79"H'.=`TZO0'VA#.D(V+[L43^= M54L3Q_-YL3QLC?[PS8"H$DQ#@SA6CCI-B=SEJQ3[NA M6-S?+^8?UXN;?[5)2=^N83"**(\@`=9#C*.YI3&NY^89.^]#J,VJ^46KBH!VLH+$0IQ=$./QT1O/SWS!+4+">!$@S.*Q,O MJ8-0($DQMUHC#3TF#9(R.]QJA'5'NV72.2B68,,XBHE22*QE0GA$G76$(@X; M7(B\!K^+WK2P$H"/CHA=$3!(Q$D$UPIB,$$((JR;90T]N"+=K6>>G%5(]#0I M#,[&-ZM5U`3.(N*S+@(3'F#'(LQ14Z"`,PAV%QBIKLCQ$DB7L_F-B(/Y`AB, M?OLJGJK;?SZLUNE*_%0V'N\Q,`:%4DJGTFPF99LF=;DV#JCVQ7(`C;>N;:?T M[%PB`VZ6!:HN`PBT`3IIT0P9FM*>-EAHKW,]-4>8FV<$W.Q,#HLH3&D M6MQH'VX0($5$&"F'JT7.DK*G#5F;71*:+CN/2-D]@NEA3A],3K ML^Z"]_09B-5`RX@+PE@Y0"$VH,8'*0(OW\SHBB`GWQ%W`_G8KH[/)6=6[R%N MU59%?`"V\<@0F%O8;.-&F%QK>$262!&:E@`_]PR=;D8ZBR.=/+NW7B^VL,7! M?DICB\?Z[79LJSVT.ZN_8+UPR!`-H.).:FFQ:!8GB>OT\D_@CHE6$NX!7"22 M-\?#4W6_B_64(``(0C167$F@@4+>.BL)4A)&;?MXQMQKOTW0P',NL"'""8J- ME(R!&A\BW14EB3^?(AU=%YP&>0D]2,6C<;,]31^KC]7-PW)3+L5]2^'_U>U6 MS[O_^K"5\ON[GY"\7SP<)&0O@^X!K4FR-\]+GZ#WN>K] M=#Z9WTQ3)H-4%#8=I\.L^53S^[]3S>]GR6U:K/M#S0)3RBFCM&/.4*J89G;G M6N1RYX02GP]5Z5,[B/6*-=Q-T)?]`=O MZ16K'J.%F;88OUBFY-1/^LC.^(17LZ8I])Y%4U]Z%K&/FAN3$7XO.2.,"GST M_J[E-=+3SKX?VP_5S2)*8C9ME7;?WY:+U>H?\V4UF:6EDHIU M;.LA'2YQT4G_(9IOF`"!-%<,:@\X5[PYE_(3H(SMK6<$9"TAGS'S.KV_]LGK M'_H/C"C,D#;":!5U+JHU=LTQ@W'NY=#)OF=]*IZ7QNQS)%3:+MTZLWR.'^.G MU?1VYRO5V.OD4 MR9O(]5\/DQ2Y-TE/%\\RBVPN*=M@<%*'P3(%'+<86PY3VCM'A&_0\?)H:/WE M/(AV0Y)]]U)]HE[BR&LFHK\W'_\^C5O"\N;+][?58S53WPX:K.TZ""S%'4+/ MI?/(,4B%HK*>N70B-Y?IF/G6$S7V,;%+_(LR[UTU28MRE'Z[99H`P>^JY-QR MPFG[K%50F$.8XJN](R2EAW2`UG/D7N=&JH^96MW*_L@9FX_U$'PZNNV_K2LM M=:G<-9W&\P0#9BV`,B6A1#@"AG8(2:Q8+AM'=%4W](';MTQ*L+8NEVL6]Y^B MJ9B&N\<\K.=Y*'],1F\!1RFH:!X#QPC@T"J%<(V)\2`WDN[D7?/K)L'OQ_5D MN1X76S/HLR@MEG%152V7D_C3[67'E_3QS7SKV??^[MC$82?T/FL$P2,53S9G MO,$>V;@565Q?C$HOLA/PCM(#=-3+H:08Q[6$^MKME>`(T;&K-YFO=4F07Y?090KTF-_^OI@OZ__=.$"TOJH^]V\$J@%` MC"'`M)=Q1D))7&-H(F6OT-0^BTK[3)C"@BA\H?WL=L(OJW\_5/.;[^UOL_>U M#HYRZY!&SFK%B8.665?/F3%P1;%D`_!D_^UV1_(8ZFJ[&7/6A?:+UD%93`U' MQE%+%5<,>X?J.3NNKR"O0R\,:'&'?1[2@SV<-&NP_17V@>:!(BT-])BEQ&2< MIZM66<_:&WV-S\-=<*#-&\EY4%_3FW"JRBH5U"95994$`DQL/7/"O;W"*^HQ M'*3=B>2*GXEE!!HCSY#4,"YY["BK<VI?IR@(PD!1!(00RRG*F$2#-Q9(FN5Y2 MHTR^.QRC\M`NRJ@S]-63_%NZ^#N!$8P55M02HCEVT.$GV2"9'6T_HH"?$=H3 M`TBN2"C09EJOW+ZW>/XYVC9`:9`S%EEM'-)QL9LZ+Y[2RL!BUW=%]]>R3'D9 MV-.Q3$IPT$Q67R(:Z3_NWP_3Q\GLAZ/I:0X'N-BZCX"(T58[FC1D3RFT5-2: M8,A%,6**UTVHSH#>-!C M,^>X#%8C(9'V%GJN(0$2N%HYT5"SW&-RA+7?>J1/1^C^&OYI&EGI((6(``LH M%0!HVFS*--L_[4J?),Y7R_J7T6'>[DDTM37/[VIOM-D3,M4FS>VGR2S^9F]Z M\I;-@P#:><0Y3FLX+4,'FS7M:';UP2LU6//9UJ-0!O*&'#)O>1].D9HYHYUC M%'H;#S<*$*V#<3!$X*A#7\MU_1JB.RB/98IKT31P[0"P4ED*'#0.2$5@/0L? M-;5K,J&Z$>>B5X2S]OYWDV_3^X?[#U6Z[TUN&I/U3M_^8^,TOKA[,W^LMDG. M5V_FV\S2T_D+BV\?C;KI/4"&%/=8:))4.*(XDG6J,8PX+);UK?<<,)V28C&T M(+((N4N\__'+8KG^LUK>/QO7;M#?MT/>Q[G6':3J7#`>K8!"`PD2.IZL=:HQ MHA"[BLBC?FG5%]8ES*\W]U_CII[&^O[N[6+^^>WTL;K=*FQ_KV:W?K'\Q^I@ M):@V[8.C#D,'&8.*\OBO)!X:"2RBTOEHY5Z^TML;P_H$N@3!GA)Z_;%H(I;FW)B*VF)TP-@P89A&3!E( MI4>`VD2SIQI)([-E"0XO8KU*0%OIZHQT'C=X!*S-58[G#P;CO`78(^4PD!)! MJ1A-E`ACL!"=M[RW)#-=^/K")7T!J*,JGS895\V#`X/."R>UD%CP2#P#A.]5 MN8':=[U<.T'+:;S=K2O:H\K7>6'=4]:U M,_I;4ET=1**MM%V.>.XPQXA][@8);Q"*I=!$`A(/^1Q+5[<6HY@IV+@S9\GR M/2=O]*S66!>\/DBKL&!0`.ZL1Q$_4=^.C(@ZD.TBZO@AE;8B=#I1-P<7LF:H MGXXC;XGY5UG]N2Y6/Q--V_3[YT7CSY+E'C\7C.`2<&^\IX@[(8'@^VOKE"#H MNVYZ$S2TAI7L\7C2*9YSF/?';Z^$"1Y["OQ7M3V'I&2)U#BC6?'V^/:@I01& M4J*=I-0JAN-YI\:!.-15-J=]`Z@/Z1R/"4/::._*^&OJ;3&247;X_ED7,4Z, M"I0:JE-O$.@[ONZ)<%[HHBV^+5C0^'Q$,T-P22[D2,%K;P#"$]_1AZ>T5=2;HAOM;//OZGYYDY*"YAOW[5LQ3U6%XR.?9YM3#OIN+XPG9*E3U!4` MSV`\EP#"98V,L2Q;8LT525N_D(\HC`?(/A7E;+EMF5C>O"NC21&/OFH^7]T7 MKV6I]O#6X(R2RG+E--18*($P/;!$6'<5)4LRB^4`N(\HFY^+F_MYXF[\;7V_ M3'?,?$3V_>QNG3J,WMTM%_/D?OD29>!^$__T?O%CL9.'#IOR)5\+-AH],J[W MB"5ST#OC":@Q9=9UO13_C..JU6(T/]SN^P]G'NN/C@I0 M.BX-B6[9Z&SGASL^+&BNI(Q*,@HT,`(SYLG>_R12 MNX4KJBG9"[]?'/![@S;3`GWR:[<>%D?]#8?W-CL:7CP:L$`6<,RD\98#%W^+ MQQO),9=*487TR`ON\^RO#]'F72UFR_7OQ>;CMZBOB]7/DS5(F@>G9O,D:FJ. M@7<("@<-H#75&IDK*&A].<./K;B^4,URAZF>M%^4B_5MQO=N^(@A@.:3Q#$ETA,`X1)2I$;`2=FT[ M,"%3H%8AUS*_UTMRLT?<>B3A/6LJS@E8F\>/A2;V^KFR85P5=X\ MG5J;+.,SWQ28UAP+:R56FG&D&*'[TL(&:2\:C96L>)QWUF[_D@`Q\AA!ZA6. M.#@'/$0U"D:;QB//VUGQ@\E'E0G\7'I@`BDRXVF%:%A[3R@@6FL/E:,"UUP' MGC=W-VGIJ'A?K%-HJ_SW;;5\(RCOA'?4 M,BD$98Y#Z'1-EP8L6V>^',D3@_&\RH-^Q[I\)^:3_G>UOEWMN:E??%S<>[?;G*G7?CZ^QOM=FL%G_>;[;&-BCR9T&'2-0DS-?36H'$^$.?VKT"_W/W[,5BET^N12 MYJ$[^6[+Z:13V[PX&.&13#$@QIW3D'M6MUDT\90JNUX\GUX*Q\A*=@!F#&FV M?RZ6LTUQ\VFVVHP5]GXRA8>OJUFYGNUR"5K8YDU#@[,4,AJ7MX"1GPXS9O9K MGJ/496J<(_JQ:9]W1C_C+4%X:FD\$'))B?'Q[*FUK7$@+%^$+H?QWI]05+D` MS[?")W`T'W*]*^49Y%!)HQ'A#!C)]C=,G6(6C72/Y M^"&0SE+^\?6);R_*7B!BS\<'YY7#D!&!F4>$`NB=K>EFK'/EM`D=<,:2L(N` M[G18^?T^U>!*EZB3;'^IEC?ZX2G5Q\XB3>,"E"Q5!/,>8XH@E4QK7,]=8)*M M5>`DC(USQ60(B"\2#UW-5C>[>FWKIW,PL_+WZD?J*W+4$WC&*P+%BGD("778 M6Z>1P'7C$:%\E-^+H[X]63Q)$Q M@4(B@!6,2*B=]'9;GK!>&IAVS6!A_P!1ZAO<',*CYO/JODQW6.;%8EO"Z/F4 M]_DW)T2IY1LB[3P5V97I@$"`\=`P7]-N!>UZB8[_@P1K&*B'];ZDLHOSS=;2 M'\G=\F0&JKS9(Z;2)=AM6:]6?I>6[P@41="=MYPHX@4T*IJH^\LB1K#FDH(C M87"NY_7\UP6F$'-,$JH)@E)0H96LD>$27E$)D@&DY<4&,S@#LBF%5%"VVQ6F MMZ@?@+32***840YZ;(T#>XY[BB:0(7V$$E.M]W5S6R5)-[XE$$0I(LH!S744 M1"&0UC4.!N*N!Y8WK0U:R\;1K.F^<<]S>OE%&33T4'GU^<`)),ZD_Z21J:HA M9?)`EX?9LO-RUI7OD=NG]I>.&(\B.XWM48Z,"$S&/9!CH@#F5F+L$4C`2U'II:/))X:,;-4"T"1!V0? MU?!,,M"U^^74%=;%K#\E5Q?#/)9(G2E'P7.OI,$*6FV150ARZFJJ+&/93F1W MNX23S6RUR2="EW"YA?2<"6[^[>YVMOK>$"]Z^7BP6L2SJA$I)T,R*!5@MJ;* M4'8%Z?Y9A:4;K#F$Y=/L87L!+)+[JD/_M0Y=1X8$EG)/30I^&0"5UU;[VO)C M7EY#B^:AA:8G:-_*QD2ALA!9BHR6Q$H+.#,'JN)W(NQ MY,8"S.*^55.#B;RB+M8#E"WK;TTI^'YS2] M](0)%A<05E)*31BGMLZA,(Y"FJU!Q7A>^M9:[Y[%5G&Y_\RX># M@MAYR3"AU*;2HL1!4%,D#>B:A31!ET5/F\S%&%Z4/.]^W"VKAZ+8E5@OMM=` M3OL?SAD>O$=620$,IBS^#C5X!(59?441ODO8^%JB?+_(9CM9CEAM,^]ITC`I M,1120@>-=-P1O[<44-0$<*3*]RVC@F<5Y&SUI@`H))2K*(T:62<$=!C7>&#= MW"3][:ST`62D6[Y91^R'U`5?BN])!SYFQXZB"?:S^%S<5:O4*Z3%PC\V)"BJ M&=#Q4("`8-@#(]P^L"2!H,T7DO-0>%YZ>8O1P0NED;0<"V*MX-9`>*#;6')5 MU?@N9_ZO"[AW@+,NVKUK&+[YQ4N,]DXB"ZSBD7E>:[%7P(QB#D>JSO-4O6_O ML6T+D+D([ZJ<+E/]B+M85/?OJ_+[^\7/N+FLU\5Y^>'GOSA`(E(J&@;4 M:&D@@\2!&BVJ.\>!)KB%7RXP)W;LP9'/Z@;XK:B^KV9WMXOY;-G@=3XZ)AC) MF/+6&:`]EU((S%U-GR?\BH(5N03AF!/A0NBSB-9N\3V=::._^NB8P(V7&`,L MO%'`PW3V)35]`G?.^)RB:%W.X]?-E(M1S7*-.BZ;.,'U48?VZP\&R@SW"FD. M*(.>`CK@0S8SU6]J:8FTB7UU?&0QA2!ML(`5<$PND MQZA&AV#4-9HZ114TCBF-C7/6==^Q]. M2':&8.41_7,FFF,X>,?,_>W3S8NI=C1N%,X[3CU4EG%BA)><.&2$&JDH\V/) MNS3?;7OZ'0&GUN+Q04$3IE--,RCCUH@=8*DQWYY*0>05K,[^&%T-A.I%N3:/ M5K=:%;/7I.#4XX$0FRKV(F605=Q;!C6O9ZHHRG9X'34B=ZX$](AHCMTZ=9;9 ME9C;&2VG-,4OCP;EF&,>*(BT%$![0;FIJ8%.7555Y/XUQ&5H9MV]1\RQZG/7 MYL`#Y)RS"B&,.13)Y;"UCZ(B%KXQ4W1BP=E'&W+KET\*ID/WX[X_&K!P&GMD M+5?.<:*9`J!&6<#F!C57DYG<=[-R+<2*(A<'&+%VQ_!5-#XQH3F8:AU<3])G)K MUV8N$7!>!E>;X8$:*[P2P#-LXEX8C[):U90#KK-%W;-4O.]'!JK!8^F;JW<]COB"X95"+!=\!-<9#M MJ#""X'3A=*/&Z8IL)R>C^_.G^ED6F],7?I\_%8@G%@/N`:-(2T")I[:>E]?- M1_`WS/$NW*GZ0K(;A\MBV<#=PQ-!:2*(83QYO0#TC"MRD&(H.MO^$TPSZ)^S M75$<1>NW258Y/B@00HS$1&@7#T*I-;0AIJ:0$]'56'@3([*>#(L,$Z=EPI$]0@D91PRN,_P(\!`V[5*S%M0&MW%9@!D M<_N2QKS%N@@A+NM*(2&NJLU8[NZRIRABW,EGDVY(+/ M(0I5;E9,9MEWZS\WW=6/-$`*28,U%]`![)2O[?RX!_#&7*NA#8<#`<7JYV)> M;-N\Z]DZ58[Y<5>4Z]U27&XG%G]+^]"\B@;?_Q4WG[95F,_L1]?C]X+B7%B3 M(J=68`(CIM37V!K$KN"R>`[!.VIQC,>J',?==V544,5C,;8]%0WAM!.C@J9< M5JK(%V5R".$Y&1:BB>C"AWC?&XD^,"$`(X#"$#VE*D.99& M'[!3XHI*K_;"[782U`G;3E[:M`JJ0^K@Z=C-:\\&C0!A5`A-I-(2`4^E>%P[ M[JH\M#UQJ^H7TTY\_[2J;N[G&QL_O*SN$C6G>7_L^6`\1D!PGOI%0J21T8K5 M<[6<=XW(3_+*QP#\[PG7/$5QELM=B<HLUL'O5W1&@+GC%6\4D)T5<8% M<5_%=Z1?EK)PO9LN#5FD3+>_W0P%9A86FF#JA'8ZG>",>S6PL MK^KNX6A2^*O6'Y.%64J][4@I;EZG=&\WG1#R=B\(@JBTX7(,C/3",$3Q@7(L M\%7Y7L82FE]KR0W!F:G%0+O=Q)MP*%1R#CFP$`&,H5!4&VL]LIY)@21I+$LR M5")$Q+A7@G]Y9X`BU4!UTDMN&8#QAT![NB7W]"KT0PZQN"@IHCM#1K3;5JM9 M^7VK,O7#XR/[IM,J-2'>4;EV?Q>K^6)=K-^5.QOA:[69+=^5F]6B7"_F?\R6 M]R?#\QD^'Q3&W&`F-9)22&.`P+1&W2MY%7U",LIF.VMN3!9.>N'L&/.N3%V3 MMC;)Q\UML?IZ.ROW@/Q1K*-]\0P-___M75EOXS80_DGE?0!]X37M`FE3M-MG M07&4K`#'2BUG@_S[4I'E;@Y'LBS)1_H2V[%(D]\,A\/A'&F^'&TI[36@!!E9 M)2$"0SGH2)-X/H8-VU`V673._XOK8$0]&O6UE_/_\:JMV@&QC#,A(HMP';G& MKQVIP!#17@S[1#SX=HH(&/@W$RXET\$*JBG53HCN,#I;5[8T2HREF M@*FQ%EC`C!/7U!QW#O"A)-%'N'<2*YTZ2*R65FGCI;',11:35OAF]@"B-03K M=%S*"=\/V<"D%&*4(&M5U7ITZVQ7)9 M/$9(7'H?OUD]?2!*=NDFZJ762A^,5DY[K"VU%CCDE$/1=M*=UVNM,Y*UVGWU`G4)'L`]EW'+*TLS^>$P?M3?$.'+0/MKUTQ8N'N^PQ_;X]8.6=IQ)I,1)1A>%2 M"TL12"9),R[NU1EM,P/2J!@*STG"F]8R\J*#H_^;9Q-GE?:,:N:#%8)'M;=) MGN2T\\#.QTPQ]*ZR+Y93\D8'ED@(VJ"$)2!BP=A%27E1FAJK'N?4XY0 M0`S/%GM!>7BSPJM*3N=D76`D`+;(2&2"9P!2*:@M/,8SMGLII&V)RM/E_,D5 MB^[<,<6N;A&NE&/,6>4R5Y`)D8Y(TGH)NK>]Z.D)Z".(5 MX\#:2WO_LIA5M<\RG]6O^<*E]_DJG5]4GRZOYOEM'8^ZC2\Z=Y!8;#WFVAML ML#!535=!UK,)*."^M0RZBVQ=,\DBNZU"6+Z>'*^,!?4DEU)QI[E#`WK)%F[-JK*Y"M9^C17)S*.-+K9Q(^C_FI8V7-KG#4RVE/PWCH+ZCH`:#>=J+5M MW+XYT=1'J8NQH`'IN.":^8K0.XKC"'.UCSS5[])9Q*#TI*%!0Q$L`;N\[NX@35N.^-G#AK5IH2\DF4[[3\ M5B4=BB]5/.7W=%[)VC^S"$\^6V77[W]?S^LC[7R/;A-ML'">4R$E)9A'.>YH M@Q)@U->12)XU8QX`^2GXM,J]S'XF+HU#8Q?,S MB7N`LYK@QB=(N*#[*G'Z4[#96#!/?`VR]'EY7Y3I_(VUO;M@Z]-=XK"G/$+L M-"74:F21:EP,A8TZ;E_3*OH4W#-\X3Y4PX``+VD```1`!P`96QO;BTR,#$U,#DS,"YX[?S[/`[!`+,*47'8&1_T.0,2C/B;3R\[747@6OJQ7-$.+AB"'+D@R?,9^`W'T7?P(31.?B-LF]X`;O=5`HDOYXC_R+R M9F@.`>2D(B4X"2HX\.N\=]P=G_?,3898PE$07\H1UXP"3;Z7& MSV,6'%$V%2W[)SUY>@PCE#4GE)!XKA?P.>OQ98AZHE%7M$(,>RLYLU!90#;` M-8IA$G%(O)5BSQ5#GDY4Z\'Y^7E/G5TUC7Q=0P$[Z/W^Z6ZD^.L(.@%0A.)Y M2!D'I$+$!$9C)1I'W2F$H7)NMS_HG@PZ(+D,[J@'.2[PH:S0"O90P*/L2#>' M.A(Z=$#/41]&`Q3M2"&%M;5&DN5=::2P&FE4=R5MT*:@[.-Y2 MC7RDN:F1R>U$C?,>9)ZD6S#G\2YZ#@-((*=L>2/^MU,M8*R$\B$'D3J>2QT' M;[;144$3-)61V5ZGHM1N%7%P3":QO0+Z:&NC1U'RQH&&(RH>DA<5#F\(LLD3^B"5#UZD6:1>NKVE[(:(@8QZ*X*E3K"F#&T.2R M(VO_;E;W_^'!X$C4P5F32@?E$D/E*R'BQ8$RXRY7,D.0\?NR$PE_!R@S_KM; MY:.)JU5"!!.\ST8%<.QJE!!!P;[:$S+D:H\0B<04N=FU)Q&^B!8`BPG?T/-8 MC/P[#,;IPL*Q4T@JM^LI[R:^F7X\'@>-#O@RZXQI$7T"AF M2/R3HH`"S+O>NNPZ;!PA_Y[\HGZO>R*53IO42:X-7WO!\@C1RZ5',U>[,7"- M.,1!/P[,?('C8(L1DHK7\G(R.#[I#ZQX2>#: M2$L\EXH(`#Y#[(K.A5$S1"*\0+=$^!_9,V1$,@2UOCZH9;!`X8(2,$B0#[15 MG.T<^&P!#9&PKX^$%B2V.CB:O.\:+2WQ#.&SKP^?5F2V-J+^&>-(X5FSE4O4 M1\C^F39"KL1;[&O7<%<1K`]K_;/3_DF-Y]L(B9-Q.SIP>&/30,@G2% MHS$U!CPS8YI$E#.6H0,%#W+\`Y>;?>^8ABSAZK-0_TR;A:R8;&D2$AEYCKG< M^8^&Q+^BA&,R1<2S7Y*H0S`DJ7--DBK``4A\4`(\L+-RA*F M(Z@A>)Z?5H=<+8=`=@+H!"3=M#>&"J_XHA)&DH*(!MB7A?)[&,A]_-$,(1Z9 M6SQ`)IPP0QP+JZSYWW6_=9>(&.*#,W6)C`19ZAXC=86D/8!B%R#M`R2=6+;Z MJ:3,X3*JD/65P%B,-'E_PHXND!S11'U?17AWZG]:=7$@5/IGY<%(Q&<8S6X" M^K0;8@W(!H+/K`G.^U'!7_0$5%<'JNL(H?,P6R^YHY%]BG?%-=!\VI3F0C]` M=G1@>(V)^Q`QI>;N1[,.VL#S<4.>\ZX.P]F-D9U5<$[]F"X#ZXK-YC)H>X4F MYT9J!A0+A)6'++G>(&R86;_1S*R+2`6F#FQ(+[A-H>LQ##/F-YKEQ@WPTZ)B+81A(?&-9B%Q(T<$CQ0`&P;/Q\@(YA,HP?$1C.1@"TYJ8@94LVI)M5D&$"``(72 M=N>[Y9=-TH;,CN6U[A@`+0@0<>#150<'$8? M4=MTR;8JETLRV$]G)&ZE1@-@,]N5%*=E.]\7YJ#447LK%!T;V_-I3URE?-03 M=^"GZMTKH>+Q]B0E,`>F7I`IMWK?`LC,UID;6ZTM^W7.=BK]:P`,Y;_N`:`- M++5T!I`]#_!LS491HK[>'^B6D=('!)1\BYW=*&QMEJ^/5H-3S0U]12(.0>J6 M+(0!E-G?(UN4,(R#@782N![#,!P&FE*K@%+ZW=IBJ^`$IVQ= ME:M/TH.!)DF7&&AI:OXWQ83_*FR(K?=Y2B*&H/16$Y24/$@!VNSO1NFY!L`0 MD-YJ\G.)BT."?D3JH=,'R!Q>K;$F9!@1NNL@`X\L&8S>0L@PZ[YS[JLH^/H$-%TSG8+:IL!#+OF/^OBFIZEMH8V M3KUO,QKXP@D?_HPQ7\JG7>9A0)<(J9/WH>Q,3O6L^7+"-`1#W>)^L8._@Z2+ MY+&:M).D!4BZ4=/4]L5*%Q+<5GT:01OBZ5M=/&U`W-MBXDN:7A!LB&_/Q6EY]UM`]-M+1/9TM3L=6 M)'RDU'_"0?`2!*]CFXFNIF![HK/>#HS7LW)'R?0.+Y`_C"+D^OC,5EV8^:\\ M!N?`O^RTJWH%2;>'"Z&>I1=)SG9)^K@_.-847@Y1/?OU_\SMN][Z%\C2(^4O ME:GOE*7?)U;T2][^2,:`X-"?4!;!`'VFY$I])Y!WU)?6+COU340HE27M98>S M6'[I-!Y''/-8=ON1T3B\[*CO_EY@CN8=D'S=*3DRIT0,/+:\%6>D.1V0'!\G M[["\[/AHC'EV-$0,4_^+DD^^T\I+WV6K6K9`#$[1:$89_X+8_%9]:4\]>_() MRCUHOGQ0F"L['02:6^W'R=.9ZU87[:N$!!BM'XG1ZR_MY$57]QHY0Q;A%=S2-$!Z1/!7O&!8+_PZB5:>(/: MRF8GH7T;^#670\3IY!$MD+`A^H3F8\1RH[7GFMB6?$?]PJ=SB)N/[ESK),(F M$>=J!@4S*Z6UIUZ0#T^]8[RY+==H@H3*?NKG(?&S(]+_]Q-9DT$'LBZ&F?;5:Z28I02Z;HM40 MW1[F-09MLR!>]U*S]7!MV?;U`_,'R(*E#+12(UEC8**D;E!.LJ'-C\/@A_%B MN!!=EB-NY>CKQ=K-FA,4K&E=/+('V>$&8O8K#&(DYEG5>O4K80@&^+_(_Y<( MBO+-2V)D?!0=)\O=E?BZ,[3]B+;2G(4T!Y,PYI&J8.27V&6BG.&IJ-I\.F'% MC.HDT_Y*]0U'T1/Q'DCX06V,=RY5;\RZ(9#A^2B`[S/-)`[@73B=4J8*W*R4JRK&P*T7,U M*IM79#G':4V8=AL$#!R21C+,B_3RXJ(M%#ZMS/Z())SP=KHD+_>2%!:=%-;KD[41X2DB MOY`DQY^H#I%ZU6IBX<[0]G$CX#/B2AVH,0D&,8R5T_W\=!S)$?)6]F7UG75'Z+;*7\N`/C8SGD[B?O*61^ M,OZBPO/\RRM(/E.U))3;ZR32G%],.)HBMG5*SO3-[I,3ROJQA_SWR[7GZLOF MF9N_J&EN]'U$=,I@.,/>4-:ZZ[943^^1[G>(<_GW*DTU9=4K9_?G@OH$_T-9 MX<&GLN*5LWOD\N)P?43YW0J')#[A3+7>4(Y61#`Z$H4O$)5!@-1\]]A@D2;\NAI*/L#38,? M&!5AF5_+(IF&LFVYIJPYOP?5I1A"Z4?-U=Z^\)ZZ>?N&T?DJ[]Q0EM)X/U&K M4??D5T&FR#WW$U%(J>F>NEE"7FU#XG\-Q=3O6$3"/D],L[7[OELA[-]2^`B%7,7$X_[@M/)2G'(XM6R[AYNK3H_G M5!AO*/SZ`]_MJ:3U'=K&TJ^Z([N;:V##__`%!+ M`0(>`Q0````(`/!\:4?Q4[0D/`\!`)C6#@`1`!@```````$```"D@0````!E M;&]N+3(P,34P.3,P+GAM;%54!0`#A`1!5G5X"P`!!"4.```$.0$``%!+`0(> M`Q0````(`/!\:4='W+TYJ2$``)UP`0`5`!@```````$```"D@8`L``00E#@``!#D!``!02P$" M'@,4````"`#P?&E'#1(,*R8C``!THP$`%0`8```````!````I(%_,0$`96QO M;BTR,#$U,#DS,%]D968N>&UL550%``.$!$%6=7@+``$$)0X```0Y`0``4$L! M`AX#%`````@`\'QI1Q$WCC)RE@``G9\'`!4`&````````0```*2!]%0!`&5L M;VXM,C`Q-3`Y,S!?;&%B+GAM;%54!0`#A`1!5G5X"P`!!"4.```$.0$``%!+ M`0(>`Q0````(`/!\:4=@>X`)R5D``%5$!``5`!@```````$```"D@;7K`0!E M;&]N+3(P,34P.3,P7W!R92YX;6Q55`4``X0$059U>`L``00E#@``!#D!``!0 M2P$"'@,4````"`#P?&E'C?.$^5,.``"]I```$0`8```````!````I('-10(` M96QO;BTR,#$U,#DS,"YX`L``00E#@``!#D!``!02P4& 2``````8`!@`:`@``:U0"```` ` end XML 71 R10.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share:
The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the three and nine months ended September 30, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Net loss (Numerator):
 
 
 
 
 
 
 
Net loss from continuing operations attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(7,226
)
 
$
(7,634
)
 
$
(13,058
)
Net loss from discontinued operations attributable to Echelon Corporation Stockholders
—

 
(1,962
)
 
—

 
(8,715
)
Net loss attributable to Echelon Corporation Stockholders
$
(1,047
)
 
$
(9,188
)
 
$
(7,634
)
 
$
(21,773
)
Shares (Denominator):
 
 
 
 
 
 
 
Weighted average common shares outstanding
44,128

 
43,507

 
44,068

 
43,367

Shares used in basic computation
44,128

 
43,507

 
44,068

 
43,367

Common shares issuable upon exercise of stock options (treasury stock method)
—

 
—

 
—

 
—

Shares used in diluted computation
44,128

 
43,507

 
44,068

 
43,367

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.17
)
 
$
(0.17
)
 
$
(0.30
)
Basic and diluted net loss per share from discontinued operations attributable to Echelon Corporation Stockholders
$
0.00

 
$
(0.05
)
 
$
0.00

 
$
(0.20
)
Basic and diluted net loss per share attributable to Echelon Corporation Stockholders
$
(0.02
)
 
$
(0.21
)
 
$
(0.17
)
 
$
(0.50
)


For the three and nine months ended September 30, 2015 and 2014, the diluted net loss per share calculation is equivalent to the basic net loss per share calculation from continuing operations, discontinued operations, and total net loss attributable to Echelon Corporation Stockholders, as there were no potentially dilutive stock options due to the Company’s net loss position. The number of stock options, stock appreciation rights, restricted stock units (“RSUs”), restricted stock awards (“RSAs”), and contingently issuable shares excluded from this calculation for the three and nine months ended September 30, 2015 and 2014 was 3,698,259 and 4,362,649, respectively.

XML 72 R58.htm IDEA: XBRL DOCUMENT v3.3.0.814
Related Parties (Details Textual)
$ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended
Jun. 30, 2000
USD ($)
shares
Sep. 30, 2015
USD ($)
board_member
shares
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
board_member
shares
Sep. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Related Party Transactions [Abstract]            
Stock issued during period (shares) | shares 3,000,000          
Stock issued during period $ 130,700          
Number of shares sold by related party. | shares   0   0    
Number of board members related party can nominate | board_member   1   1    
Number of related party representatives on board | board_member   0   0    
Revenue from Related Parties   $ 1,680 $ 683 $ 3,465 $ 2,546  
Accounts receivable, related rarties   $ 1,404   $ 1,404   $ 158
XML 73 R27.htm IDEA: XBRL DOCUMENT v3.3.0.814
Acquisition Purchase Price Allocation (Tables)
 9 Months Ended
Sep. 30, 2015
Business Combinations [Abstract]  
Allocation of Purchase Price Consideration
(amounts in thousands):
 
Amount

Cash and cash equivalents
$
630

Accounts receivable
107

Inventory
31

Other current assets
259

Property and equipment
23

Identifiable intangible assets
1,500

Goodwill
1,257

Accounts payable
(352
)
Accrued liabilities
(255
)
 
$
3,200
XML 74 FilingSummary.xml IDEA: XBRL DOCUMENT 3.3.0.814 html 81 224 1 true 25 0 false 10 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.echelon.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - Condensed Consolidated Balance Sheets (Unaudited) Sheet http://www.echelon.com/role/CondensedConsolidatedBalanceSheetsUnaudited Condensed Consolidated Balance Sheets (Unaudited) Statements 2 false false R3.htm 1001501 - Statement - Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://www.echelon.com/role/CondensedConsolidatedBalanceSheetsCondensedConsolidatedBalanceSheetsParenthetical Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - Condensed Consolidated Statements of Operations (Unaudited) Sheet http://www.echelon.com/role/CondensedConsolidatedStatementsOfOperationsUnaudited Condensed Consolidated Statements of Operations (Unaudited) Statements 4 false false R5.htm 1002501 - Statement - Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) Sheet http://www.echelon.com/role/CondensedConsolidatedStatementsOfOperationsUnauditedParenthetical Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) Statements 5 false false R6.htm 1004000 - Statement - Condensed Consolidated Statements of Compehensive Loss Sheet http://www.echelon.com/role/CondensedConsolidatedStatementsOfCompehensiveLoss Condensed Consolidated Statements of Compehensive Loss Statements 6 false false R7.htm 1005000 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) Sheet http://www.echelon.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited Condensed Consolidated Statements of Cash Flows (Unaudited) Statements 7 false false R8.htm 2101100 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.echelon.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 8 false false R9.htm 2102100 - Disclosure - Financial Instruments Sheet http://www.echelon.com/role/FinancialInstruments Financial Instruments Notes 9 false false R10.htm 2104100 - Disclosure - Earnings Per Share Sheet http://www.echelon.com/role/EarningsPerShare Earnings Per Share Notes 10 false false R11.htm 2105100 - Disclosure - Acquisition Sheet http://www.echelon.com/role/Acquisition Acquisition Notes 11 false false R12.htm 2106100 - Disclosure - Discontinued Operations Sheet http://www.echelon.com/role/DiscontinuedOperations Discontinued Operations Notes 12 false false R13.htm 2107100 - Disclosure - Stockholders' Equity and Employee Stock Option Plans Sheet http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlans Stockholders' Equity and Employee Stock Option Plans Notes 13 false false R14.htm 2108100 - Disclosure - Significant Customers Sheet http://www.echelon.com/role/SignificantCustomers Significant Customers Notes 14 false false R15.htm 2109100 - Disclosure - Commitments and Contingencies Sheet http://www.echelon.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 15 false false R16.htm 2110100 - Disclosure - Accumulated Other Comprehensive Income Sheet http://www.echelon.com/role/AccumulatedOtherComprehensiveIncome Accumulated Other Comprehensive Income Notes 16 false false R17.htm 2111100 - Disclosure - Inventories Sheet http://www.echelon.com/role/Inventories Inventories Notes 17 false false R18.htm 2112100 - Disclosure - Accrued Liabilities Sheet http://www.echelon.com/role/AccruedLiabilities Accrued Liabilities Notes 18 false false R19.htm 2113100 - Disclosure - Segment Disclosure Sheet http://www.echelon.com/role/SegmentDisclosure Segment Disclosure Notes 19 false false R20.htm 2114100 - Disclosure - Income Taxes Sheet http://www.echelon.com/role/IncomeTaxes Income Taxes Notes 20 false false R21.htm 2115100 - Disclosure - Related Parties Sheet http://www.echelon.com/role/RelatedParties Related Parties Notes 21 false false R22.htm 2116100 - Disclosure - Restructuring Sheet http://www.echelon.com/role/Restructuring Restructuring Notes 22 false false R23.htm 2117100 - Disclosure - Joint Venture Sheet http://www.echelon.com/role/JointVenture Joint Venture Notes 23 false false R24.htm 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.echelon.com/role/SummaryOfSignificantAccountingPolicies 24 false false R25.htm 2302301 - Disclosure - Financial Instruments (Tables) Sheet http://www.echelon.com/role/FinancialInstrumentsTables Financial Instruments (Tables) Tables http://www.echelon.com/role/FinancialInstruments 25 false false R26.htm 2304301 - Disclosure - Earnings Per Share (Tables) Sheet http://www.echelon.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://www.echelon.com/role/EarningsPerShare 26 false false R27.htm 2305301 - Disclosure - Acquisition Purchase Price Allocation (Tables) Sheet http://www.echelon.com/role/AcquisitionPurchasePriceAllocationTables Acquisition Purchase Price Allocation (Tables) Tables 27 false false R28.htm 2306301 - Disclosure - Discontinued Operations (Tables) Sheet http://www.echelon.com/role/DiscontinuedOperationsTables Discontinued Operations (Tables) Tables http://www.echelon.com/role/DiscontinuedOperations 28 false false R29.htm 2307301 - Disclosure - Stockholders' Equity And Employee Stock Option Plans (Tables) Sheet http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlansTables Stockholders' Equity And Employee Stock Option Plans (Tables) Tables 29 false false R30.htm 2308301 - Disclosure - Significant Customers (Tables) Sheet http://www.echelon.com/role/SignificantCustomersTables Significant Customers (Tables) Tables http://www.echelon.com/role/SignificantCustomers 30 false false R31.htm 2310301 - Disclosure - Accumulated Other Comprehensive Income (Tables) Sheet http://www.echelon.com/role/AccumulatedOtherComprehensiveIncomeTables Accumulated Other Comprehensive Income (Tables) Tables http://www.echelon.com/role/AccumulatedOtherComprehensiveIncome 31 false false R32.htm 2311301 - Disclosure - Inventories (Tables) Sheet http://www.echelon.com/role/InventoriesTables Inventories (Tables) Tables http://www.echelon.com/role/Inventories 32 false false R33.htm 2312301 - Disclosure - Accrued Liabilities (Tables) Sheet http://www.echelon.com/role/AccruedLiabilitiesTables Accrued Liabilities (Tables) Tables http://www.echelon.com/role/AccruedLiabilities 33 false false R34.htm 2313301 - Disclosure - Segment Disclosure (Tables) Sheet http://www.echelon.com/role/SegmentDisclosureTables Segment Disclosure (Tables) Tables http://www.echelon.com/role/SegmentDisclosure 34 false false R35.htm 2316301 - Disclosure - Restructuring (Tables) Sheet http://www.echelon.com/role/RestructuringTables Restructuring (Tables) Tables http://www.echelon.com/role/Restructuring 35 false false R36.htm 2401402 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesPolicies 36 false false R37.htm 2401403 - Disclosure - Summary of Significant Accounting Policies Goodwill (Details) Sheet http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesGoodwillDetails Summary of Significant Accounting Policies Goodwill (Details) Details http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesPolicies 37 false false R38.htm 2401404 - Disclosure - Summary of Significant Accounting Policies Long-Lived Assets (Details) Sheet http://www.echelon.com/role/SummaryOfSignificantAccountingPoliciesLongLivedAssetsDetails Summary of Significant Accounting Policies Long-Lived Assets (Details) Details 38 false false R39.htm 2402402 - Disclosure - Financial Instruments (Details) Sheet http://www.echelon.com/role/FinancialInstrumentsDetails Financial Instruments (Details) Details http://www.echelon.com/role/FinancialInstrumentsTables 39 false false R40.htm 2402403 - Disclosure - Financial Instruments Contingent Consideration (Details) Sheet http://www.echelon.com/role/FinancialInstrumentsContingentConsiderationDetails Financial Instruments Contingent Consideration (Details) Details 40 false false R41.htm 2402404 - Disclosure - Financial Instruments-Available for Sale Securities (Details 1) Sheet http://www.echelon.com/role/FinancialInstrumentsAvailableForSaleSecuritiesDetails1 Financial Instruments-Available for Sale Securities (Details 1) Details 41 false false R42.htm 2402405 - Disclosure - Financial Instruments (Details Textual) Sheet http://www.echelon.com/role/FinancialInstrumentsDetailsTextual Financial Instruments (Details Textual) Details http://www.echelon.com/role/FinancialInstrumentsTables 42 false false R43.htm 2404402 - Disclosure - Earnings Per Share (Details) Sheet http://www.echelon.com/role/EarningsPerShareDetails Earnings Per Share (Details) Details http://www.echelon.com/role/EarningsPerShareTables 43 false false R44.htm 2404403 - Disclosure - Earnings Per Share (Details Textual) Sheet http://www.echelon.com/role/EarningsPerShareDetailsTextual Earnings Per Share (Details Textual) Details http://www.echelon.com/role/EarningsPerShareTables 44 false false R45.htm 2405402 - Disclosure - Acquisition Purchase Price Allocation (Details) Sheet http://www.echelon.com/role/AcquisitionPurchasePriceAllocationDetails Acquisition Purchase Price Allocation (Details) Details http://www.echelon.com/role/AcquisitionPurchasePriceAllocationTables 45 false false R46.htm 2405403 - Disclosure - Acquisition (Details) Sheet http://www.echelon.com/role/AcquisitionDetails Acquisition (Details) Details http://www.echelon.com/role/AcquisitionPurchasePriceAllocationTables 46 false false R47.htm 2406402 - Disclosure - Discontinued Operations (Details) Sheet http://www.echelon.com/role/DiscontinuedOperationsDetails Discontinued Operations (Details) Details http://www.echelon.com/role/DiscontinuedOperationsTables 47 false false R48.htm 2407402 - Disclosure - Stockholders' Equity and Employee Stock Option Plans (Details) Sheet http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlansDetails Stockholders' Equity and Employee Stock Option Plans (Details) Details http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlans 48 false false R49.htm 2407403 - Disclosure - Stockholders' Equity and Employee Stock Option Plans (Details Textual) Sheet http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlansDetailsTextual Stockholders' Equity and Employee Stock Option Plans (Details Textual) Details http://www.echelon.com/role/StockholdersEquityAndEmployeeStockOptionPlans 49 false false R50.htm 2408402 - Disclosure - Significant Customers (Details Textual) Sheet http://www.echelon.com/role/SignificantCustomersDetailsTextual Significant Customers (Details Textual) Details http://www.echelon.com/role/SignificantCustomersTables 50 false false R51.htm 2409401 - Disclosure - Commitments and Contingencies Line of Credit (Details) Sheet http://www.echelon.com/role/CommitmentsAndContingenciesLineOfCreditDetails Commitments and Contingencies Line of Credit (Details) Details 51 false false R52.htm 2410402 - Disclosure - Accumulated Other Comprehensive Income (Details) Sheet http://www.echelon.com/role/AccumulatedOtherComprehensiveIncomeDetails Accumulated Other Comprehensive Income (Details) Details http://www.echelon.com/role/AccumulatedOtherComprehensiveIncomeTables 52 false false R53.htm 2411402 - Disclosure - Inventories Inventories (Details) Sheet http://www.echelon.com/role/InventoriesInventoriesDetails Inventories Inventories (Details) Details 53 false false R54.htm 2412402 - Disclosure - Accrued Liabilities (Details) Sheet http://www.echelon.com/role/AccruedLiabilitiesDetails Accrued Liabilities (Details) Details http://www.echelon.com/role/AccruedLiabilitiesTables 54 false false R55.htm 2413402 - Disclosure - Segment Disclosure (Details 1) Sheet http://www.echelon.com/role/SegmentDisclosureDetails1 Segment Disclosure (Details 1) Details http://www.echelon.com/role/SegmentDisclosureTables 55 false false R56.htm 2413403 - Disclosure - Segment Disclosure (Details Textual) Sheet http://www.echelon.com/role/SegmentDisclosureDetailsTextual Segment Disclosure (Details Textual) Details http://www.echelon.com/role/SegmentDisclosureTables 56 false false R57.htm 2414401 - Disclosure - Income Taxes (Details Textual) Sheet http://www.echelon.com/role/IncomeTaxesDetailsTextual Income Taxes (Details Textual) Details http://www.echelon.com/role/IncomeTaxes 57 false false R58.htm 2415401 - Disclosure - Related Parties (Details Textual) Sheet http://www.echelon.com/role/RelatedPartiesDetailsTextual Related Parties (Details Textual) Details http://www.echelon.com/role/RelatedParties 58 false false R59.htm 2416402 - Disclosure - Restructuring Plan (Details) Sheet http://www.echelon.com/role/RestructuringPlanDetails Restructuring Plan (Details) Details 59 false false R60.htm 2416403 - Disclosure - Restructuring Plan (Details Textual) Sheet http://www.echelon.com/role/RestructuringPlanDetailsTextual Restructuring Plan (Details Textual) Details 60 false false R61.htm 2417401 - Disclosure - Joint Venture (Details Textual) Sheet http://www.echelon.com/role/JointVentureDetailsTextual Joint Venture (Details Textual) Details http://www.echelon.com/role/JointVenture 61 false false All Reports Book All Reports In ''Condensed Consolidated Balance Sheets (Unaudited)'', column(s) 3, 4 are contained in other reports, so were removed by flow through suppression. In ''Condensed Consolidated Statements of Cash Flows (Unaudited)'', column(s) 1, 2 are contained in other reports, so were removed by flow through suppression. elon-20150930.xml elon-20150930_cal.xml elon-20150930_def.xml elon-20150930_lab.xml elon-20150930_pre.xml elon-20150930.xsd true true XML 75 R38.htm IDEA: XBRL DOCUMENT v3.3.0.814
Summary of Significant Accounting Policies Long-Lived Assets (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Accounting Policies [Abstract]        
Early Contract Termination Fees     $ 10,000  
Increase (Decrease) in Capital Lease Obligations     15,300  
Lease termination charges $ 0 $ 0 3,337 $ 0
Loss on write down of property, equipment and other   $ 4,409 $ 0 $ 4,409
XML 76 R20.htm IDEA: XBRL DOCUMENT v3.3.0.814
Income Taxes
 9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes:
The provision (benefit) for income taxes for the three months ended September 30, 2015 and 2014 were $(10,000) and $33,000, respectively. The provision for income taxes for the nine months ended September 30, 2015 and 2014 were $64,000 and $114,000, respectively. The difference between the statutory rate and the Company’s effective tax rate is primarily due to the impact of foreign taxes, changes in the valuation allowance on deferred tax assets, and changes in the accruals related to unrecognized tax benefits.
As of September 30, 2015 and December 31, 2014, the Company had gross unrecognized tax benefits of approximately $926,000 and $1.4 million, respectively, of which $427,000 and $469,000, respectively, if recognized, would impact the effective tax rate on income from continuing operations. The Company’s policy is to recognize interest and/or penalties related to unrecognized tax benefits in income tax expense. As of September 30, 2015 and December 31, 2014, the Company had accrued $76,000 and $99,000, respectively, for interest and penalties. The $23,000 reduction in interest and penalties on gross unrecognized tax benefits during the nine months ended September 30, 2015 was primarily attributable to the expiration of the statute of limitations in certain foreign jurisdictions.